Space mining is that the process of excavation of materials and minerals from asteroids and near-earth objects. the aim of space mining is analogous thereto of earth mining, exploitation and excavation of precious materials and minerals. The main difference is that the cost involved for both which is extremely expensive for space mining, but due to the rapid decline in resources and these resources becoming progressively scarce on earth, space mining might be the sole viable option for the excavation of minerals and materials. Ongoing and impending space mining missions, growing investments of personal stakeholders in space mining companies, and therefore the rising number of state initiatives to border regulations with reference to asteroid mining drive the space mining market development. Nevertheless, the high costs related to asteroid mining may hinder the expansion of the space mining market.
The space mining market is expected to reach more than US$ 4.50 billion by 2028, at a CAGR of 23.6% during the forecast period.
The market growth is predicted to be positively influenced by increasing traces of metals, water, and fuel among others within the space, and therefore the growing emphasis of state on completing several space situational awareness programs. Additionally, Space has ample water and metal resources which is further likely to enable large-scale exploration, thereby creating new development avenues for market growth.
Global Space Mining is segmented based on the Phase as, Spacecraft Design, Launch and Operation. On the basis of Type of Asteroid as, Type C, Type S and Type M. On the basis of Type of Commodity Resource as, Water, Platinum Group Materials and Structural Elements. Global Space Mining is segmented based on the Distance from Earth as, Near-Earth Asteroids and Asteroid Belt Distance Ranges from Earth. On the basis of Utilization as, Earth and Space. On the basis of Application as, Extra-terrestrial Commodity, Construction, Human Life Sustainability, Fuel and 3D Printing.
Global Space Mining report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Space Mining is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Space Mining manufacturers. The revenue generated from the sales of Space Mining manufacturer has been calculated through primary and secondary research.
The market size estimation also considered leading players revenues as part of triangulation the key players considered are Kleos Space, TransAstra, Off World, SpaceFab.US, National Aeronautics and Space Administration, European Space Agency, Japan Aerospace Exploration Agency, China National Space Administration, and Russian Federal Space Agency. Availability Services among others operating in the Space Mining Market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes types of segmentation determined using secondary sources and verified through primary sources.
The Space Mining Market has been segmented as below:
Space Mining Market, By Phase
Space Mining Market, By Type of Asteroid
Space Mining Market, By Type of Commodity Resource
Space Mining Market, By Distance from Earth
Space Mining Market, By Utilization
Space Mining Market, By Application
Space Mining Market, By Region
Report scope:
The global Space Mining report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1. Secondary Research
2.3.2. Primary Research
2.3.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach
2.4.2. Top-Down Approach
3. Executive Summary
4. Space Mining Market, By Phase
4.1. Key Points
4.2. Operation
4.2.1. Market Overview
4.2.2. Market Size & Forecast
4.3. Launch
4.3.1. Market Overview
4.3.2. Market Size & Forecast
4.4. Spacecraft Design
4.4.1. Market Overview
4.4.2. Market Size & Forecast
5. Space Mining Market, By Type of Asteroid
5.1. Key Points
5.2. Type M
5.2.1. Market Overview
5.2.2. Market Size & Forecast
5.3. Type S
5.3.1. Market Overview
5.3.2. Market Size & Forecast
5.4. Type C
5.4.1. Market Overview
5.4.2. Market Size & Forecast
6. Space Mining Market, By Type of Commodity Resource
6.1. Key Points
6.2. Structural Elements
6.2.1. Market Overview
6.2.2. Market Size & Forecast
6.3. Platinum Group Materials
6.3.1. Market Overview
6.3.2. Market Size & Forecast
6.4. Water
6.4.1. Market Overview
6.4.2. Market Size & Forecast
7. Space Mining Market, By Distance from Earth
7.1. Key Points
7.2. Asteroid Belt Distance Ranges from Earth
7.2.1. Market Overview
7.2.2. Market Size & Forecast
7.3. Near-Earth Asteroids
7.3.1. Market Overview
7.3.2. Market Size & Forecast
8. Space Mining Market, By Utilization
8.1. Key Points
8.2. Earth
8.2.1. Market Overview
8.2.2. Market Size & Forecast
8.3. Space
8.3.1. Market Overview
8.3.2. Market Size & Forecast
9. Space Mining Market, By Application
9.1. Key Points
9.2. Extra-terrestrial Commodity
9.2.1. Market Overview
9.2.2. Market Size & Forecast
9.3. Construction
9.3.1. Market Overview
9.3.2. Market Size & Forecast
9.4. Human Life Sustainability
9.4.1. Market Overview
9.4.2. Market Size & Forecast
9.5. Fuel
9.5.1. Market Overview
9.5.2. Market Size & Forecast
9.6. 3D Printing
9.6.1. Market Overview
9.6.2. Market Size & Forecast
10. Space Mining Market, By Region
10.1. North America
10.1.1. North America Industrial Floor Coating, By Phase
10.1.2. North America Industrial Floor Coating, By Type of Asteroid
10.1.3. North America Industrial Floor Coating, By Type of Commodity Resource
10.1.4. North America Industrial Floor Coating, By Distance from Earth
10.1.5. North America Industrial Floor Coating, By Utilization
10.1.6. North America Industrial Floor Coating, By Application
10.1.7. By Country
10.1.7.1. U.S
10.1.7.2. Canada
10.1.7.3. Mexico
10.2. Europe
10.2.1. Europe Industrial Floor Coating, By Phase
10.2.2. Europe Industrial Floor Coating, By Type of Asteroid
10.2.3. Europe Industrial Floor Coating, By Type of Commodity Resource
10.2.4. Europe Industrial Floor Coating, By Distance from Earth
10.2.5. Europe Industrial Floor Coating, By Utilization
10.2.6. Europe Industrial Floor Coating, By Application
10.2.7. By Country
10.2.7.1. U.K
10.2.7.2. Germany
10.2.7.3. Italy
10.2.7.4. France
10.2.7.5. Rest of Europe
10.3. Asia Pacific
10.3.1. Asia Pacific Industrial Floor Coating, By Phase
10.3.2. Asia Pacific Industrial Floor Coating, By Type of Asteroid
10.3.3. Asia Pacific Industrial Floor Coating, By Type of Commodity Resource
10.3.4. Asia Pacific Industrial Floor Coating, By Distance from Earth
10.3.5. Asia Pacific Industrial Floor Coating, By Utilization
10.3.6. Asia Pacific Industrial Floor Coating, By Application
10.3.7. By Country
10.3.7.1. China
10.3.7.2. Australia
10.3.7.3. Japan
10.3.7.4. South Korea
10.3.7.5. India
10.3.7.6. Rest of Asia Pacific
10.4. Rest of World
10.4.1. Rest of World Industrial Floor Coating, By Phase
10.4.2. Rest of World Industrial Floor Coating, By Type of Commodity Resource
10.4.3. Rest of World Industrial Floor Coating, By Type of Asteroid
10.4.4. Rest of World Industrial Floor Coating, By Distance from Earth
10.4.5. Rest of World Industrial Floor Coating, By Utilization
10.4.6. Rest of World Industrial Floor Coating, By Application
The Space Mining Market has been segmented as below:
Space Mining Market, By Phase
Space Mining Market, By Type of Asteroid
Space Mining Market, By Type of Commodity Resource
Space Mining Market, By Distance from Earth
Space Mining Market, By Utilization
Space Mining Market, By Application
Space Mining Market, By Region
