Global Space Mining Market – Industry Trends and Forecast to 2028

  • Semiconductors and Electronics
  • Upcoming Report
  • Dec 2020
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Space Mining Market, By Type of Asteroid (Type C, Type S, Type M), Phase (Spacecraft Design, Launch, Operation), Type of Commodity Resource (Water, Platinum Group Materials, Structural Elements), Distance from Earth (Near-Earth Asteroids, Asteroid Belt Distance Ranges from Earth), Application (Extra-Terrestrial Commodity, Construction, Human Life Sustainability, Fuel, 3D Printing), Utilization (Earth, Space), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Space Mining Market Market Analysis and Insights : Global Space Mining Market

Space mining market will grow at a CAGR of 24.65% in the forecast period of 2021 to 2028. Continuous ongoing and impending space mining missions is an essential factor driving the space mining market.

Space mining is the type of process of excavation of materials and minerals from asteroids and near-earth objects. The purpose of space mining is similar to that of earth mining, exploitation and excavation of precious materials and minerals. The major difference is the cost involved for both which is extremely costly for space mining, but due to the rapid decline in resources and these resources becoming increasingly scarce on earth, space mining could be the only viable option for the excavation of minerals and materials.

Rising investments and government initiatives to frame regulations with respect to asteroid mining is a crucial factor accelerating the market growth, also rising advancement in space technology and intensive research and development activities, rise in the investment by a private stakeholder in companies engaged in space mining and rising extensive application of space resources and their mining in 3D printing, construction activities, fuel, extra-terrestrial commodity, and sustainability of human life are the major factors among others boosting thespace mining market . Moreover, rising collaborations, merger, and partnership between prominent players in the global space mining and space technology market will further create new opportunities for space mining market in the forecast period mentioned above.

However, increased costs associated with asteroid mining and prospecting missions and the returns on investment are not immediate which acts as the major factors among others which will curtail the market growth, and will further challenge the space mining market in the forecast period mentioned above.

This space mining market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on space mining market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Space Mining Market Scope and Market Size

Space mining market is segmented on the basis of type of asteroid, phase, type of commodity resource, distance from earth, application and utilization. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of type of asteroid, space mining market is segmented into type C, type S and type M. Type C holds the maximum share and is going to dominate the space mining market in the forecast period mentioned above.
  • Based on phase, the space mining market is segmented into Spacecraft design, launch and operation.
  • Based on type of commodity, the space mining market is segmented into water, platinum group materials and structural elements.
  • Based on distance from earth, the space mining market is segmented into near-earth asteroids and asteroid belt distance ranges from Earth.
  • Based on application, the space mining market is segmented into extra-terrestrial commodity, construction, human life sustainability, fuel and 3D printing.
  • The space mining market is also segmented on the basis of utilization into Earth and space.

GlobaL Space Mining Market Scope Country Level Analysis

Space mining market is analysed and market size, volume information is provided by country, asteroid, phase, type of commodity resource, distance from earth, application and utilization as referenced above.

The countries covered in the space mining market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the space mining market due to rising space exploration demand from various established organizations which includes NASA along with the department of defense and increasing reliance on space resources along with the necessity to maintain safe space operations in this region.

The country section of the space mining market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Space Mining Market Share Analysis

Space mining market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to space mining market.

The major players covered in space mining market  report are Deep Space Industries Inc., Planetary Resources, Moon Express, ispace, Asteroid Mining Corporation Limited, Shackleton Energy Company, KLEOS SPACE S.A.., ISRO, Boeing, SPACE EXPLORATION TECHNOLOGIES CORP., Northrop Grumman Corporation, Sierra Nevada Corporation, Virgin Galactic, Made In Space Inc., Ad Astra Rocket Company, Airbus S.A.S., TransAstra Corporation, OffWorld, SpaceFab.US Inc., NASA, European Space Agency, Japan Aerospace Exploration Agency, China National Space Administration, and State Space Corporation ROSCOSMOS among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately..

Customization Available : Global Space Mining Market 

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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