Space Mining Market - Global Industry Analysis

Space Mining Market

Space Mining Market - by Crop Phase (Spacecraft Design, Launch, And Operation), Type of Asteroid (Type C, Type S, and Type M), and Type of Commodity Resource (Water, Platinum Group Material and Structural Elements): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 05-Oct-2020 Category: Defense & Security Report Format : PDF Pages: 110 Report Code: ZMR-3699 Status : Published

According to the report published by Zion Market Research, global demand for Space Mining market was valued at approximately USD 0.65 Billion in 2019, and is expected to generate revenue of around USD 2.85 Billion by end of 2026, growing at a CAGR of around 20-22% between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for Space Mining market was valued at approximately USD 0.65 Billion in 2019, and is expected to generate revenue of around USD 2.85 Billion by end of 2026, growing at a CAGR of around 20-22% between 2020 and 2026.

Global Space Mining Market: Overview

The method of excavation of materials and minerals from asteroids and near-earth artefacts is space mining. The purpose of space mining is close to that of extracting, extracting and excavating useful materials and minerals from the earth. The biggest distinction is the expense of both, which is highly expensive for space mining, but space mining may be the only viable choice for the exploration of minerals and materials because of the exponential depletion of supplies and these supplies are becoming increasingly limited on earth.

Global Space Mining Market: Growth Factors

During the forecast era, the space mining demand for the spacecraft design stage is projected to rise at the fastest CAGR. A spaceship is a computer designed to fly in outer space as a vehicle. It is used for various purposes, such as correspondence, observation of the earth, meteorology, navigation, colonisation of space, planetary discovery, and human and freight transportation. The total spacecraft, consisting of numerous devices such as instruments (including radiometers, spectrometers, thermal emission and reflection systems , sensors, magnetometers and multispectral scanners, among others), altitude control systems and electrical power systems, is configured depending on the type of task. The architecture of the spacecraft is crucial since the spacecraft must be sustained in space under critical or extreme conditions, such as microgravity.

Global Space Mining Market: Segmentation

The Space Mining market is fragmented based on phase, type of asteroid and type of commodity resource. By phase, the market is divided into spacecraft design, launch, and operation. On the basis of type of asteroid, the Space Mining market includes Type C, Type S, and Type M. On the basis of type of commodity resource, the market is segmented into water, platinum group material and structural elements.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Space Mining Market: Regional Analysis

In the years to come, North America is anticipated to be the dominant space mining market. The United States is currently spending enormous sums in the space mining industry. OSIRIS-REx of NASA flew to a near-Earth asteroid named Bennu and could carry a small sample for research back to Earth. In September 2016, the mission was started. NASA's OSIRIS-REx spacecraft arrived at its destination, asteroid Bennu, in December 2018 after flying across space for more than 2 years. The spacecraft is scheduled to return a sample to Earth in 2023, as anticipated.

Global Space Mining Market

Global Space Mining Market: Competitive Players

Some main participants of 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, Roscosmos, among others.

Space Mining Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.ReportDescription
    • 1.2.Report Scope
  • Chapter 2.Research Methodology
    • 2.1.Research Methodology
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Space MiningMarket, 2016–2026 (USD Million)
    • 3.2.Global Space MiningMarket: Snapshot
  • Chapter 4.Space MiningMarket – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Space Mining
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technology Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Space Mining Market Attractiveness, By Phase
    • 5.2.Global Space Mining Market Attractiveness, By Type of Asteroid
    • 5.3.Global Space Mining Market Attractiveness, By Commodity Resource
    • 5.4.Global Space Mining Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Space Mining Market: Company Market Share, 2019
    • 6.2.Strategic Developments
    • 7.1.Global Space Mining Market Overview: by Phase
      • 7.1.1.Global Space Mining Market Revenue Share, by Phase, 2019 & 2026
    • 7.2.Global Space Mining Market Analysis/Overview – By Phase
      • 7.2.1.Spacecraft Design – Overview/Analysis
      • 7.2.2.Launch – Overview/Analysis
      • 7.2.3.Operation – Overview/Analysis
    • 7.3.Spacecraft Design
      • 7.3.1.Global Space Mining Market for Spacecraft Design, Revenue (USD Million) 2016 - 2026
    • 7.4.Launch
      • 7.4.1.Global Space Mining Market for Launch, Revenue (USD Million) 2016 - 2026
    • 7.5.Operation
      • 7.5.1.Global Space Mining Market for Operation, Revenue (USD Million) 2016 - 2026
    • 8.1.Global Space Mining Market Overview: by Type of Asteroid
      • 8.1.1.Global Space Mining Market Revenue Share, by Type of Asteroid, 2019 & 2026
    • 8.2.Global Space Mining Market Analysis/Overview – By Type of Asteroid
      • 8.2.1.Type C – Overview/Analysis
      • 8.2.2.Type S – Overview/Analysis
      • 8.2.3.Type M – Overview/Analysis
    • 8.3.Type C
      • 8.3.1.Global Space Mining Market for Type C, Revenue (USD Million) 2016 - 2026
    • 8.4.Type S
      • 8.4.1.Global Space Mining Market for Type S , Revenue (USD Million) 2016 - 2026
    • 8.5.Type M
      • 8.5.1.Global Space Mining Market for Type M , Revenue (USD Million) 2016 - 2026
    • 9.1.Global Space Mining Market Overview: by Commodity Resource
      • 9.1.1.Global Space Mining Market Revenue Share, by Commodity Resource , 2019 & 2026
    • 9.2.Global Space Mining Market Analysis/Overview – By Commodity Resource
      • 9.2.1.Water – Overview/Analysis
      • 9.2.2.Platinum Group Material – Overview/Analysis
      • 9.2.3.Structural Elements – Overview/Analysis
    • 9.3.Water
      • 9.3.1.Global Space Mining Market for Water , Revenue (USD Million) 2016 - 2026
    • 9.4.Platinum Group Material
      • 9.4.1.Global Space Mining Market for Platinum Group Material , Revenue (USD Million) 2016 - 2026
    • 9.5.Structural Elements
      • 9.5.1.Global Space Mining Market for Structural Elements , Revenue (USD Million) 2016 - 2026
  • Chapter 10.Space MiningMarket– Regional Analysis
    • 10.1.Global Space MiningMarket: Regional Overview
      • 10.1.1.Global Space Mining Market Revenue Share, by Region, 2019 & 2026
      • 10.1.2.GlobalSpace Mining Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 10.2.North America
      • 10.2.1.North AmericaSpace Mining Market Revenue, 2016 - 2026 (USD Million)
      • 10.2.2.North AmericaSpace Mining Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.2.3.North AmericaSpace Mining Market Revenue, by Phase, 2016 – 2026
      • 10.2.4.North AmericaSpace Mining Market Revenue, by Type of Asteroid, 2016 – 2026
      • 10.2.5.North AmericaSpace Mining Market Revenue, by Commodity Resource , 2016 – 2026
      • 10.2.6. U.S.
      • 10.2.7.Canada
    • 10.3.Europe
      • 10.3.1.EuropeSpace Mining Market Revenue, 2016 - 2026 (USD Million)
      • 10.3.2.EuropeSpace Mining Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.3.3.EuropeSpace Mining Market Revenue, by Phase, 2016 – 2026
      • 10.3.4.EuropeSpace Mining Market Revenue, by Type of Asteroid, 2016 – 2026
      • 10.3.5.EuropeSpace Mining Market Revenue, by Commodity Resource , 2016 – 2026
      • 10.3.6.Germany
      • 10.3.7.France
      • 10.3.8. U.K.
      • 10.3.9.Italy
      • 10.3.10.Spain
      • 10.3.11.Rest of Europe
    • 10.4.Asia Pacific
      • 10.4.1.Asia PacificSpace Mining Market Revenue, 2016 - 2026 (USD Million)
      • 10.4.2.Asia PacificSpace Mining Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.4.3.Asia PacificSpace Mining Market Revenue, by Phase, 2016 – 2026
      • 10.4.4.Asia PacificSpace Mining Market Revenue, by Type of Asteroid, 2016 – 2026
      • 10.4.5.Asia PacificSpace Mining Market Revenue, by Commodity Resource , 2016 – 2026
      • 10.4.6.China
      • 10.4.7.Japan
      • 10.4.8.India
      • 10.4.9.South Korea
      • 10.4.10.South-East Asia
      • 10.4.11.Rest of Asia Pacific
    • 10.5.Latin America
      • 10.5.1.Latin AmericaSpace Mining Market Revenue, 2016 - 2026 (USD Million)
      • 10.5.2.Latin AmericaSpace Mining Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.5.3.Latin AmericaSpace Mining Market Revenue, by Phase, 2016 – 2026
      • 10.5.4.Latin AmericaSpace Mining Market Revenue, by Type of Asteroid, 2016 – 2026
      • 10.5.5.Latin AmericaSpace Mining Market Revenue, by Commodity Resource , 2016 – 2026
      • 10.5.6.Brazil
      • 10.5.7.Mexico
      • 10.5.8.Rest of Latin America
    • 10.6.The Middle-East and Africa
      • 10.6.1.The Middle-East and AfricaSpace Mining Market Revenue, 2016 - 2026 (USD Million)
      • 10.6.2.The Middle-East and AfricaSpace Mining Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.6.3.The Middle-East and AfricaSpace Mining Market Revenue, by Phase, 2016 – 2026
      • 10.6.4.The Middle-East and AfricaSpace Mining Market Revenue, by Type of Asteroid, 2016 – 2026
      • 10.6.5.The Middle-East and AfricaSpace Mining Market Revenue, by Commodity Resource , 2016 – 2026
      • 10.6.6.GCC Countries
      • 10.6.7.South Africa
      • 10.6.8.Rest of Middle-East Africa
  • Chapter 11.Company Profiles
    • 11.1.Deep Space Industries Inc.
      • 11.1.1.Company Overview
      • 11.1.2.Financial Overview
      • 11.1.3.Product Portfolio
      • 11.1.4.Business Strategy
      • 11.1.5.Recent Developments
    • 11.2.Planetary Resources
    • 11.3.Moon Express
    • 11.4.ispace
    • 11.5.Asteroid Mining Corporation Limited
    • 11.6.Shackleton Energy Company
    • 11.7.KLEOS SPACE S.A.
    • 11.8.ISRO
    • 11.9.Boeing
    • 11.1.SPACE EXPLORATION TECHNulOGIES CORP.
    • 11.11.Northrop Grumman Corporation
    • 11.12.Sierra Nevada Corporation
    • 11.13.Virgin Galactic
    • 11.14.Made In Space Inc.
    • 11.15.Ad Astra Rocket Company
    • 11.16.Airbus S.A.S.
    • 11.17.TransAstra Corporation
    • 11.18.OffWorld
    • 11.19.SpaceFab.US Inc.
    • 11.2.NASA
    • 11.21.European Space Agency
    • 11.22.Japan Aerospace Exploration Agency
    • 11.23.China National Space Administration
    • 11.24.Roscosmos

Table Of Figures

List of Figures 

FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Space MiningMarketRevenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Space Mining Market
FIG. 6 Global Space Mining Market Attractiveness, By Phase
FIG. 7 Global Space Mining Market Attractiveness, By Type of Asteroid
FIG. 8 Global Space Mining Market Attractiveness, By Commodity Resource
FIG. 9 Global Space Mining Market Attractiveness, By End-User
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Space Mining Market Revenue Share, by Phase, 2019 & 2026
FIG. 12 Global Space Mining Market for Spacecraft Design, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Space Mining Market for Launch, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Space Mining Market for Operation, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Space Mining Market Revenue Share, by Type of Asteroid, 2019 & 2026
FIG. 16 Global Space Mining Market for Type C, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Space Mining Market for Type S , Revenue (USD Million) 2016 - 2026
FIG. 18 Global Space Mining Market for Type M , Revenue (USD Million) 2016 - 2026
FIG. 19 Global Space Mining Market Revenue Share, by Commodity Resource , 2019 & 2026
FIG. 20 Global Space Mining Market for Water , Revenue (USD Million) 2016 - 2026
FIG. 21 Global Space Mining Market for Platinum Group Material , Revenue (USD Million) 2016 - 2026
FIG. 22 Global Space Mining Market for Structural Elements , Revenue (USD Million) 2016 - 2026
FIG. 23 Global Space Mining Market Revenue Share, by Region, 2019 & 2026
FIG. 24 North AmericaSpace Mining Market Revenue, 2016 - 2026 (USD Million)
FIG. 25 EuropeSpace Mining Market Revenue, 2016 - 2026 (USD Million)
FIG. 26 Asia PacificSpace Mining Market Revenue, 2016 - 2026 (USD Million)
FIG. 27 Latin AmericaSpace Mining Market Revenue, 2016 - 2026 (USD Million)
FIG. 28 The Middle-East and AfricaSpace Mining Market Revenue, 2016 - 2026 (USD Million)
FIG. 29 Deep Space Industries Inc.Business Segment Revenue Share, 2018 (%)
FIG. 30 Deep Space Industries Inc.Geographical Segment Revenue Share, 2018 (%)
 


Table Of Tables

List of Tables

TABLE 1 Global Space MiningMarket: Snapshot
TABLE 2 Drivers of the Space MiningMarket: Impact Analysis
TABLE 3 Restraints for the Space MiningMarket: Impact Analysis
TABLE 4 GlobalSpace MiningMarket Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North AmericaSpace MiningMarket Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North AmericaSpace Mining Market Revenue, by Phase, 2016 – 2026 (USD Million)
TABLE 7 North AmericaSpace Mining Market Revenue, by Type of Asteroid, 2016 – 2026 (USD Million)
TABLE 8 North AmericaSpace Mining Market Revenue, by Commodity Resource , 2016 – 2026 (USD Million)
TABLE 9 EuropeSpace MiningMarket Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 10 EuropeSpace Mining Market Revenue, by Phase, 2016 – 2026 (USD Million)
TABLE 11 EuropeSpace Mining Market Revenue, by Type of Asteroid, 2016 – 2026 (USD Million)
TABLE 12 EuropeSpace Mining Market Revenue, by Commodity Resource , 2016 – 2026 (USD Million)
TABLE 13 Asia PacificSpace MiningMarket Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 14 Asia PacificSpace Mining Market Revenue, by Phase, 2016 – 2026 (USD Million)
TABLE 15 Asia PacificSpace Mining Market Revenue, by Type of Asteroid, 2016 – 2026 (USD Million)
TABLE 16 Asia PacificSpace Mining Market Revenue, by Commodity Resource , 2016 – 2026 (USD Million)
TABLE 17 Latin AmericaSpace MiningMarket Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 Latin AmericaSpace Mining Market Revenue, by Phase, 2016 – 2026 (USD Million)
TABLE 19 Latin AmericaSpace Mining Market Revenue, by Type of Asteroid, 2016 – 2026 (USD Million)
TABLE 20 Latin AmericaSpace Mining Market Revenue, by Commodity Resource , 2016 – 2026 (USD Million)
TABLE 21 The Middle-East and AfricaSpace MiningMarket Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 22 The Middle-East and AfricaSpace Mining Market Revenue, by Phase, 2016 – 2026 (USD Million)
TABLE 23 The Middle-East and AfricaSpace Mining Market Revenue, by Type of Asteroid, 2016 – 2026 (USD Million)
TABLE 24 The Middle-East and AfricaSpace Mining Market Revenue, by Commodity Resource , 2016 – 2026 (USD Million)
 
 

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FrequentlyAsked Questions

Government policies are boosting the development of the sector at the moment. Enacted by the United States in 2015, the Commercial Space Launch Competition Act enabled private firms to pursue mining work outside Earth. In addition, the Luxembourg Space Mining Regulation, enacted in 2017 as part of the SpaceResources programme, seeks to ease limits on the mining activities of private corporations outside the World.

According to Zion Market Research, global demand for Space Mining market is expected to generate revenue of around USD 2.85 Billion by end of 2026, growing at a CAGR of around 20-22% between 2020 and 2026.

In the years to come, North America is anticipated to be the dominant space mining market. The United States is currently spending enormous sums in the space mining industry. OSIRIS-REx of NASA flew to a near-Earth asteroid named Bennu and could carry a small sample for research back to Earth.

Some main participants of 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, Roscosmos among others.

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