Solar‐pumped lasers (SPLs) typically couple sunlight into the laser cavity using focusing optics and solar tracking. Luminescent solar concentrators (LSC) are an alternative, fully planar, scalable pump source that can concentrate diffuse light. For liquid LSC‐based SPLs, reflective cavities have been used to trap light and pump a Nd3+‐doped silica fiber. Here, three solid‐state LSC‐based SPL designs, in addition to the reflective cavity making use of total internal reflection, are analyzed by ray‐tracing simulations. Results are compared to a liquid LSC reference, also used for validating simulations. Substituting the liquid‐state LSC for a solid‐state LSC (with the fiber placed inside) allows a 7‐fold enhancement of the gain coefficient, corresponding to a 30‐fold enhancement of the laser output power. An additional 4‐fold increase of the output power is possible with a fiber of kilometers length. These results show a roadmap for realizing SPLs with output powers on the order of 2.8 W m−2 under terrestrial sunlight, while keeping an identical reflective cavity used for the liquid LSC design. In addition, room‐temperature operation should be possible with certain solid LSC designs, and the necessity for a reflective cavity comprised of costly dielectric mirrors may be relieved.