Space Mining Market
Space Mining Market Analysis by Spacecraft Design, Launch, Operation for Water Resources, Metal Resources, Scientific Knowledge, Environment, and Economic Growth from 2023 to 2033
Analysis of Space Mining Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Space Mining Market Outlook (2023 to 2033)
Fact.MR, in its newly published research report, reveals that the global space mining market size has reached a size of US$ 1.71 billion in 2023. Further, worldwide revenue from space mining is projected to increase rapidly at a CAGR of 16.1% and reach a market value of US$ 7.61 billion by the end of 2033.
Rising investments by various private stakeholders in multiple space mining companies, increasing government initiatives in regulation framing considering asteroid mining, and ongoing and impending space mining missions are driving growth opportunities for players.
Mining operations are crucial contributors to the progress of society and scientific developments. These measures have been taken since the dawn of human civilization to satisfy human needs. The noticeable expansion in the technical and scientific sectors is accompanied by a rise in the number of space mining activities. Many government space agencies and private enterprises are developing ideas for the extraction of natural resources from space.
Prominent Market Growth Drivers
- Advancements in space technology, including mining equipment, robotics, and spacecraft, are making resource extraction and exploration activities from space more feasible. Innovations in remote sensing, propulsion, and autonomous systems are bolstering demand for space mining.
- Private companies and governments from different countries around the world are entering into partnerships to leverage resources and expertise. International collaborations are predicted to help in cost reduction and reduce risk associated with projects for space mining.
Mining activities on earth are resulting in certain adverse environmental effects. Space mining offers a potential mitigation of these concerns, as resource extraction in space is estimated to have no negative effects on Earth's ecosystem.
Advancements in space transportation systems along with reusable launch vehicles are projected to reduce the cost of space travel, thus making it more economical. This cost-effectiveness is predicted to contribute to increased mining missions across regions.
In recent years, new markets and opportunities have been generated with advancements in mining capabilities and technology. For instance, water is converted into rocket fuel for application in deep space missions, thus opening new possibilities for colonization and exploration.
| Report Attributes | Details |
|---|---|
| Space Mining Market Size (2022A) | US$ 1.47 Billion |
| Estimated Market Value (2023E) | US$ 1.71 Billion |
| Forecasted Market Value (2033F) | US$ 7.61 Billion |
| Global Market Growth Rate (2023 to 2033) | 16.1% CAGR |
| Revenue Share of Type C Asteroid Segment (2033) | 56% |
| Key Companies Profiled | Asteroid Mining Corporation; Deep Space Industries; China National Space Administration; European Space Agency; Moon Express; National Aeronautics and Space Administration; Russian Federal Space Agency; Planetary Resources; Shackleton Energy Company; Trans Astronautica Corporation; Japan Aerospace Exploration Agency; SpaceFab |
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Why is the Space Mining Business Set to Boom Globally?
“Natural Resource Depletion Leading to Emergence of Space Mining”
Natural resources, including freshwater, minerals, and fossil fuels are depleting at an alarming rate. The increasing industrialization and ever-expanding global population are responsible for this resource depletion, which is predicted to put immense pressure on available terrestrial resources. Rapid industrialization is leading to increased demand for resources to support energy production, manufacturing, and infrastructure development.
Many industries, including telecommunications, renewable energy, and electronics rely on critical and rare minerals. Worldwide demand for these minerals is skyrocketing because of the development of some new technologies, including renewable energy systems, electric vehicles, etc. These newly developed technologies boost demand for some specific elements like rare earth metals, cobalt, lithium, etc.
Depletion of terrestrial resources is estimated to lead to the requirements to ensure resource security for a longer duration. Space mining is projected to offer opportunities to reduce dependency on infinite reserves and diversify resource acquisition. Space mining comes with the potential to offer sustainable and new sources of water, rare metals, and minerals by tapping into untapped and vast resources of the Moon, asteroids, and similar celestial bodies.
“Increasing Collaborations Between Private Companies and Governments”
International collaborations are projected to play a significant role in the execution, development, and success of space mining projects. As a costly and complex endeavor, space mining needs advanced technology, resources, and expertise. Private companies and governments in many regions are recognizing the importance of collaborations. They can pool their financial resources, technologies, and knowledge to tackle some formidable challenges associated with space mining.
Substantial investments in infrastructure, development, and research are required to complete space mining missions. Public-private collaborations are projected to help in the distribution of these prices among different stakeholders. This can alleviate the financial burden on individual companies or the government, enhancing the overall feasibility of the projects.
What Challenges are Faced by Space Mining Companies?
“Absence of Standard Legal Laws for Space Mining”
There is a lack of clear and standard guidelines and regulations for space mining across regions. In the absence of a legal framework, investors typically show relatively less interest in making investments. The existing legal framework is based on research purposes only. The involvement of new private players in space mining is predicted to boost requirements for standard guidelines and regulations for space mining.
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How are Start-ups Projected to Help in Shaping the Future of Space Mining?
“Emphasis on Innovation by Integrating Robotics and Optical Mining”
Increasing participation of private organizations in space mining is predicted to help in the reduction of capital burden and enhance chances of innovations. Robotics, automated drilling applications, optical mining with concentrated sunlight, advanced drilling machines, etc., are some advanced technologies adopted in space mining.
Adoption of new mining methods, coupled with technological advancements, is expected to enhance the feasibility of space mining. Consequently, the ongoing technological progress in space mining is anticipated to present growth opportunities for start-ups.
Country-wise Insights
North America is predicted to hold a significant share of the global market by 2033 owing to the presence of numerous key players, including Deep Space Industries, National Aeronautics and Space Administration, Moon Express, Shackleton Energy Company, and Planetary Resources. The growing number of space mining missions conducted by NASA (National Aeronautics and Space Administration) is also contributing to space mining market growth.
How is the Space Mining Scene Evolving in the United States?
“Heavy Investments by Government in Space Programs”
The government in the United States is spending heavily on initiatives and projects for space mining. Several space exploration activities are conducted by NASA, Planetary Resources, and Deep Space Industries. This is further driving opportunities for players.
What is the Demand Outlook for Space Mining Solutions in Asia Pacific?
“Focus on Reducing Costs Associated with Space Launches in China and India”
Significant investments by governments in India and China in the space mining sector are driving market growth. In addition, several initiatives are also taken to reduce the prices of space launches, which is further projected to propel demand for space mining in the coming decade. China’s increased involvement in space mining programs owing to technological advancements is contributing to the expansion of the Asia Pacific market.
For instance :
- The AASPT (Academy of Aerospace Solid Propulsion Technology), in October 2021, test-fired its solid rocket motor as a part of CASC (China Aerospace Science and Technology Corporation). This rocket is specifically designed for the next iteration of heavy-lift rockets in China to match the need for space missions, including off-world resource extraction, deep space exploration, and crewed Moon landings.
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Category-wise Insights
The ongoing quest for water resources is expected to facilitate broader exploration of the solar system, subsequently leading to an increase in space mining activities. Development of cost-effective spacecraft compared to existing ones is anticipated to expand scientific knowledge in this endeavor.
Which Space Mining Type is Gaining Traction Globally?
“Preference for Type C Asteroids Due to Their Ability to Hold Water for Rocket Fuel”
The global market is classified into type C, type S, and type M, based on type. Among these, type C asteroids are predicted to account for 56% of the global space mining market share in 2033, as per a research report by Fact.MR, a market research and competitive intelligence provider.
About 75% of known asteroids generally fit into the category of type C. Further, the composition of these asteroids is similar to the Sun without helium, hydrogen, and other volatiles. Moreover, it is adopted as an all-around asteroid for space mining due to its feature to hold significant water for rocket fuel. Type C asteroids, containing various metal and organic materials, are utilized in the production of space-related components.
Market Competition
Suppliers of space mining products are adopting several strategies to gain a competitive edge, including innovation, ensuring quality control of products, and efficient management of supply chain systems. Product launches and collaborations are also adopted by players to increase their profit share and expand their reach across regions.
For instance :
- Kleos Space, in October 2021, announced its order of four RF reconnaissance satellites for improvements in the process of data collection. These satellites were also expected to improve the company's revisit times, securing launches for 2022.
- TransAstra, in November 2020, announced its entry into Phase III of the asteroid mining spacecraft, Mini-Bee. This prototype is estimated to be tested for the company’s mining technologies in the space between 2022 and 2023.
Key players in the space mining market are Asteroid Mining Corporation, Deep Space Industries, China National Space Administration, European Space Agency, Moon Express, National Aeronautics and Space Administration, Russian Federal Space Agency, Planetary Resources, Shackleton Energy Company, Trans Astronautica Corporation, Japan Aerospace Exploration Agency, and SpaceFab.
Segmentation of Space Mining Market Research
-
By Type :
- Type C
- Type S
- Type M
-
By Phase :
- Spacecraft Design
- Launch
- Operation
-
By Application :
- Water Resources
- Metal Resources
- Scientific Knowledge
- Environment
- Economic Growth
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
- 6.1. Type C
- 6.2. Type S
- 6.3. Type M
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Phase
- 7.1. Spacecraft Design
- 7.2. Launch
- 7.3. Operation
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 8.1. Water Resources
- 8.2. Metal Resources
- 8.3. Scientific Knowledge
- 8.4. Environment
- 8.5. Economic Growth
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Asteroid Mining Corporation
- 17.2. Deep Space Industries
- 17.3. China National Space Administration
- 17.4. European Space Agency
- 17.5. Moon Express
- 17.6. National Aeronautics and Space Administration
- 17.7. Russian Federal Space Agency
- 17.8. Planetary Resources
- 17.9. Shackleton Energy Company
- 17.10. Trans Astronautica Corporation
- 17.11. Japan Aerospace Exploration Agency
- 18. Assumptions and Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 04: Global Market Value (US$ Mn) Analysis, by Phase, 2018 to 2022
Table 05: Global Market Value (US$ Mn) Analysis, by Phase, 2023 to 2033
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Phase, 2023 to 2033
Table 07: Global Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 08: Global Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Phase, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Phase, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Phase, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Phase, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Phase, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Phase, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Phase, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Phase, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Phase, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Phase, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Phase, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Phase, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Phase, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Phase, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Phase, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Phase, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Phase, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Phase, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 04: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 05: Global Market Share and BPS Analysis by Type, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 07: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 08: Global Market Share and BPS Analysis by Phase, 2023 & 2033
Figure 09: Global Market Y-o-Y Growth Projections by Phase, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Phase, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by Application, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Type, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Phase, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Phase, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Phase, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by Application, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Type, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Phase, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Phase, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Phase, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by Application, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Type, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Phase, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Phase, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Phase, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by Application, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Type, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Phase, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Phase, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Phase, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by Application, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Type, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Phase, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Phase, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Phase, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Application, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Type, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Type, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Phase, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Phase, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Phase, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by Application, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by Application, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What was the size of the space mining market in 2022?
The global space mining market reached a value of US$ 1.47 billion in 2022.
How is demand for space mining shaping up in 2023?
Global demand for space mining stands at a revenue of US$ 1.71 billion in 2023.
At what rate is the demand for space mining projected to accelerate?
The market for space mining is predicted to expand at 16.1% CAGR from 2023 to 2033.
What is the projected valuation of the global market for 2033?
The space mining market is forecasted to reach a value of US$ 7.61 billion by 2033-end.
What portion of the market are type C asteroids projected to occupy by 2033?
The type C asteroids segment is expected to hold 56% share of the global market in 2033.
Who are the leading players in the market?
Karman+, Origin Space, TransAstra, Asteroid Mining Corporation, and AstroForge are some prominent space mining companies.
Space Mining Market