Space-Based Solar Power Market Strengthens as Governments Prioritize Clean Energy Alternatives The Global Space-Based Solar Power (SBSP) Market was valued at USD 501.41 billion in 2023 and is projected to grow from USD 537.68 billion in 2024 to USD 917.55 billion by 2031, at a CAGR of 7.93% during the forecast period. The market is driven by increasing global energy demand, advancements in satellite technology, and the push for sustainable renewable energy solutions.
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