Global Space Mining Market is expected to rise from its initial estimated value of USD 0.56 billion in 2018 to an estimated value of USD 3.28 billion by 2026, registering a CAGR of 24.7% in the forecast period of 2019-2026. This growth can be attributed to the high number of space missions currently taking place and the upcoming space missions too.
This report studies the Global Space Mining Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Space Mining Market by companies, region, type and end-use industry.
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Market Drivers:
- Current and growing forthcoming space missions are expected to drive the market growth
- Increased investments and ambitions by the government authorities is expected to drive the market growth
Market Definition:
Space mining is the 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.
Major Market Competitors:
Few of the major players competing in the space mining market 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
- Roscosmos.
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Global Space Mining Market,
- By Phase (Spacecraft Design, Launch, Operation),
- Type of Asteroid (Type C, Type S, Type M),
- 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),
- Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
- Market Ecosystem
- Market Characteristics
- Market Segmentation Analysis
Part 05: Pipeline Analysis
- Pipeline Analysis
Part 06: Market Sizing
- Market Definition
- Market Sizing
- Market Size And Forecast
Part 07: Five Forces Analysis
- Bargaining Power Of Buyers
- Bargaining Power Of Suppliers
- Threat Of New Entrants
- Threat Of Substitutes
- Threat Of Rivalry
- Market Condition
Part 08: Market Segmentation
- Segmentation
- Comparison
- Market Opportunity
Part 09: Customer Landscape
Part 10: Regional Landscape
- Geographical Segmentation
- Regional Comparison
- North America
- South America
- Europe
- Mea
- Apac
- Market Opportunity
Part 11: Decision Framework
Part 12: Drivers and Challenges
- Market Drivers
- Market Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
- Overview
- Landscape Disruption
Part 15: Vendor Analysis
- Vendors Covered
- Vendor Classification
- Market Positioning Of Vendors
Part 16: Appendix
- List Of Abbreviations
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