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The future of the space mining market looks promising with opportunities in the extraterrestrial commodity, construction, human life sustainability, fuel, and 3D printing industries. The global space mining market is expected to grow with a CAGR of 23% to 25% from 2021 to 2026. The major drivers for this market are rising investments by private stakeholders in asteroid mining companies and increasing government initiatives to frame regulations with respect to asteroid mining.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of space mining market report download the report brochure.
The study includes trends and forecasts for the global space mining market by phase, type of asteroid, types of commodity resources, application, and region as follows:
By Phase [$M shipment analysis for 2015 – 2026]:
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Spacecraft Design
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Launch
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Operation
By Type of Asteroid [$M shipment analysis for 2015 – 2026]:
By Type of Commodity Resource [$M shipment analysis for 2015 – 2026]:
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Water
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Platinum Group Materials
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Structural Elements
By Application [$M shipment analysis for 2015 – 2026]:
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Extraterrestrial Commodity
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Construction
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Human Life Sustainability
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Fuel
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3D Printing
By Region [$M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
Type C will remain the largest segment as these asteroids contain ice water, which can be mined and used as a rocket propellant.
North America will remain the largest region the forecast period due to imminent space exploration and mining missions by NASA and private players.
Some of the space mining companies profiled in this report include Deep Space, Planetary Resources, Moon Express, ispace, Asteroid Mining, Shackleton Energy, Kleos Space, TransAstra, OffWorld, SpaceFab.US, National Aeronautics and Space Administration, European Space Agency, Japan Aerospace Exploration Agency, China National Space Administration, and Russian Federal Space Agency.
Features of Space Mining Market
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Market Size Estimates: Space mining market size estimation in terms of value ($M)
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
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Segmentation Analysis: Market size by phase, type of asteroid, types of commodity resources, and application
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Regional Analysis: Space mining market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth Opportunities: Analysis on growth opportunities in different phase, type of asteroid, types of commodity resources, application, and regions for space mining market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the space mining market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising potential, high-growth opportunities for the global space mining market by phase (spacecraft design, launch, and operation), type of asteroid (type C, type S, and type M), type of commodity resource (water, platinum group materials, and structural elements), application (extraterrestrial commodity, construction, human life sustainability, fuel, and 3D printing), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the space mining market?
Q.5 What are the business risks and threats to the space mining market?
Q.6 What are emerging trends in this space mining market and the reasons behind them?
Q.7 What are some changing demands of customers in the space mining market?
Q.8 What are the new developments in the space mining market? Which companies are leading these developments?
Q.9 Who are the major players in the space mining market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the space mining market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the space mining market? |