Moon-Based Solar Power Array Market Report 2026

The moon-based solar power array market size has grown exponentially in recent years. It will grow from $1.27 billion in 2025 to $1.54 billion in 2026 at a compound annual growth rate (CAGR) of 21.3%. The growth in the historic period can be attributed to initial conceptual studies and feasibility research for lunar energy systems, advancements in photovoltaic panel efficiency, growth in space infrastructure investment, increasing interest in renewable energy alternatives, demonstration of long-duration solar exposure experiments in lunar analog environments.

The moon-based solar power array market size is expected to see exponential growth in the next few years. It will grow to $3.3 billion in 2030 at a compound annual growth rate (CAGR) of 21%. The growth in the forecast period can be attributed to development of high-efficiency wireless energy transfer technologies, expansion in modular and scalable lunar solar array designs, integration with orbital energy storage and transmission systems, international collaborations for lunar infrastructure projects, adoption of autonomous construction and maintenance robotics for lunar deployment. Major trends in the forecast period include advanced wireless power transmission technologies, lunar surface infrastructure development, integration of energy storage systems in space applications, autonomous monitoring and fault detection in space-based arrays, modular and scalable solar panel architectures for extraterrestrial use,.

The increasing investments in space technology are expected to drive the growth of the moon-based solar power array market in the coming years. Investments in space technology refer to the financial resources allocated by governments, agencies, or private organizations to develop, enhance, and deploy innovations that support space exploration, infrastructure, and commercialization. Rising investments in space technology are largely driven by the growing demand for satellite-based services, which offer critical benefits in communication, navigation, and Earth observation, leading to consistent funding and innovation. These investments accelerate the adoption of moon-based solar power arrays by advancing infrastructure, materials, and energy systems essential for scalable and sustainable extraterrestrial energy applications. For example, in March 2022, NASA’s FY 2023 Budget Request allocated $1.438 billion to its Space Technology budget, marking a 30.7% increase from FY 2022. This funding supports continued advancements in space exploration and energy systems, which are key to driving the growth of the moon-based solar power array market.

Leading companies in the moon-based solar power array market are focusing on developing advanced technologies such as lunar vertical solar arrays to enable continuous power generation in shadowed and extreme lunar environments. A lunar vertical solar array is a deployable photovoltaic system designed to capture sunlight above obstructive lunar terrain while maintaining stable performance despite severe temperature fluctuations. For example, in November 2024, Lockheed Martin, a US-based aerospace and defense technology company, announced its Lunar Vertical Solar Array Technology (LVSAT) prototype. The prototype successfully completed key deployment, regolith interaction, and extreme cold-soak tests, demonstrating its ability to operate near the lunar south pole. This milestone marks an important step toward establishing resilient lunar energy infrastructure to support long-duration habitation, mobility, communications, and scientific activities.

In September 2025, Astrobotic Technology, a US-based lunar infrastructure and power systems company, formed a strategic partnership with American Honda Motor Co., the U.S. subsidiary of Japan-based Honda, to integrate Astrobotic’s Vertical Solar Array Technology (VSAT) with Honda’s regenerative fuel cell system. This collaboration is part of a feasibility study aimed at developing continuous, long-duration lunar power solutions. By combining solar power generation with closed-loop energy storage, the partnership seeks to advance scalable lunar energy systems capable of supporting sustained astronaut missions on the Moon. American Honda Motor Co. is a US-based provider of mobility, energy, and advanced technology solutions spanning automotive, robotics, and power systems.

Major companies operating in the moon-based solar power array market are The Boeing Company, Airbus SE, Lockheed Martin Corporation, Northrop Grumman, Mitsubishi Electric, National Aeronautics and Space Administration (NASA), Thales Group, L3Harris Technologies, Shimizu Corporation, Blue Origin, Sierra Space, Rocket Lab, Redwire, Azur Space Solar Power GmbH, Astrobotic Technology, Solestial, Outward Technologies (Blueshift LLC), Solar Group Holdings Ltd., Solaren Corporation, Solar Moon Analytics.

North America was the largest region in the moon-based solar power array market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the moon-based solar power array market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs impact the moon-based solar power array market by increasing costs of imported specialized components, particularly affecting manufacturing hubs in Asia-Pacific and Europe. This results in higher production costs and deployment delays, especially in solar panels and power transmission systems. Key affected regions include the US, Europe, and China. Positively, tariffs encourage localized manufacturing and innovation, fostering domestic supply chains and technology development.

The moon-based solar power array market research report is one of a series of new reports that provides moon-based solar power array market statistics, including moon-based solar power array industry global market size, regional shares, competitors with a moon-based solar power array market share, detailed moon-based solar power array market segments, market trends and opportunities, and any further data you may need to thrive in the moon-based solar power array industry. This moon-based solar power array market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A moon-based solar power array is a large-scale space infrastructure system constructed on the lunar surface that uses expansive networks of photovoltaic panels or other advanced solar energy collection technologies to capture and convert continuous sunlight into electrical power. This energy is then transmitted to Earth or space-based facilities through high-efficiency wireless energy transfer methods. Such arrays are envisioned as strategic solutions for providing uninterrupted, sustainable, and large-capacity energy to support terrestrial or extraterrestrial operations, reduce reliance on finite resources, and enhance global energy security.

The primary components of a moon-based solar power array are solar panels, power transmission systems, energy storage, control systems, and others. Solar panels convert sunlight on the lunar surface into electrical energy for transmission to Earth or lunar installations. The technologies applied include photovoltaic, concentrated solar power, and hybrid approaches, which can be deployed in permanent or temporary forms. These systems serve applications such as energy generation, space missions, lunar habitats, and satellite power, with end-users including government and space agencies, commercial enterprises, research institutions, and others.

The countries covered in the moon-based solar power array market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The moon-based solar power array market consists of sales of structural support frameworks, solar tracking mechanisms, and advanced monitoring and diagnostic systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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