As per the recently published report by MarketsandMarkets™, The “Satellite Solar Cell Materials Market by Material Type (Silicon, Copper Indium Gallium Selenide (CIGS), Gallium Arsenide (GaAs)), Application (Satellite, Rovers, Space Stations), Orbit (LEO, MEO, GEO, HEO, Polar Orbit), & Region – Global Forecast to 2030″, which is expected to reach USD 96 million by 2030 from USD 44 million in 2024 and grow at a CAGR of 13.7%, is important to powering a variety of space missions. Demand from driving factors like space exploration plays a pivotal role in fueling the satellite solar cells market. The demand for sophisticated technologies, such as satellite solar cells, arises from the necessity for efficient power generation in space missions.
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- 181 Market data Tables
- 50 Figures
- 238 Pages and in-depth TOC on “Satellite Solar Cell Materials Market – Global Forecast to 2030”
This report also provides a comprehensive analysis of the companies listed below:
The key players in satellite solar cell materials market are SPECTROLAB(US), AZUR SPACE Solar Power GmbH (Germany), ROCKET LAB USA (US), Sharp Corporation (Japan), CESI S.p.A (Italy), Thales Alenia Space (France), AIRBUS (France), MicroLink Devices, Inc. (US), Mitsubishi Electric Corporation (Japan), Northrop Grumman (US), etc. These companies are strong in their home regions and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the satellite solar cell materials market.