#Asteroid Mining Market Forecast

[shambhavimmr]

The process of taking rich resources from planets, moons, and asteroids for use on Earth or in space exploration is known as space mining. Because Earth's resources are limited, space mining provides access to potentially enormous amounts of precious metals.

[amrutatbrc1]

Rocket Propulsion Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033

The rocket propulsion global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Rocket Propulsion Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The rocket propulsion market size has grown rapidly in recent years. It will grow from $6.32 billion in 2023 to $7.22 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to space exploration and satellite launches, military and defense applications, commercial space ventures, scientific research missions, national space programs and agencies..

The rocket propulsion market size is expected to see rapid growth in the next few years. It will grow to $11.58 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%. The growth in the forecast period can be attributed to reusable rockets and cost reduction, satellite constellations and broadband connectivity, lunar and mars exploration missions, small satellite propulsion systems, green and sustainable rocket propellants, advanced space tourism initiatives, global space industry expansion.. Major trends in the forecast period include electric and ion propulsion for deep space missions, 3d-printed rocket components, rapid turnaround and launch capabilities, in-space refueling and depot systems, advanced propulsion for asteroid mining, rocket engines for hypersonic travel..

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - Increased spending and capital investment by government bodies and space companies are significantly driving the rocket propulsion market. Capital investment refers to the acquisition of physical assets by a company for use in furthering its long-term business goals and objectives. Industries are investing huge capital in space exploration, and product innovation for technological advancements, and government agencies also taking initiatives and allowing them to spend more on research and development and produce more efficient and creative technology. For instance, according to Space Capital LP, a US-based venture capital firm that invests in space-based technologies, with another $7.2 billion invested in the Q1 2022, venture capital invested $17.1 billion into 328 space companies in 2021, accounting for 3% of total global venture capital flows. According to USAspending, a US-based official open data source of federal spending information, in FY 2022, the National Aeronautics and Space Administration (NASA) had $30.44 bn in available budgetary resources distributed among its 1 agency sub-components to drive advances in technology, aeronautics, and space exploration to enhance knowledge and innovation. Therefore, increasing spending and capital investment by government bodies and space companies is predicted to boost demand for rocket propulsion systems during the forecast period.

The rocket propulsion market covered in this report is segmented –

1) By Propulsion Type: Solid, Liquid, Hybrid 2) By Orbit Type: LEO, MEO, GEO, Beyond GEO 3) By Launch Vehicle Type: Manned, Unmanned 4) By End User Type: Civil and Commercial, Military

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Regional Insights - Asia-Pacific was the largest region in the rocket propulsion market in 2023, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the rocket propulsion market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies - Major companies operating in the rocket propulsion market include Aerojet Rocketdyne Holdings Inc., Mitsubishi Heavy Industries Ltd., Space Exploration Technologies Corp., Safran S.A., Blue Origin LLC, Northrop Grumman Innovation Systems Inc., Virgin Galactic Holdings Inc., Rocket Lab USA Inc., United Launch Alliance LLC, Boeing Space Launch System, Lockheed Martin Space Systems Company, Reaction Engines Ltd., Firefly Aerospace Inc., Sierra Nevada Corporation, ExPace Technology Co. Ltd., Relativity Space Inc., Arianespace SA, IHI Corporation, Skyrora Ltd., Masten Space Systems Inc., Gilmour Space Technologies Pty Ltd., ArianeGroup GmbH, Terran Orbital Corporation, PLD Space S.L., Dauria Aerospace, Raptor Aerospace Inc., Axiom Space Inc., CubeCab Services Private Limited, Space Perspective Inc., Stratolaunch Systems Corporation

Table of Contents 1. Executive Summary 2. Rocket Propulsion Market Report Structure 3. Rocket Propulsion Market Trends And Strategies 4. Rocket Propulsion Market – Macro Economic Scenario 5. Rocket Propulsion Market Size And Growth ….. 27. Rocket Propulsion Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[healthcareruhi]

Asteroid Mining Market Size, Trends & Growth, Analysis, Technology and Market Forecasts to 2030.

Global Asteroid Mining Market

Asteroid Mining is known as the exploration of raw materials from asteroids and other minor planets that also includes near-earth objects. These activities have been backbone of human civilization in the development of technology. Mining activities have been carried out since the Bronze Age to meet the requirements of human civilization.

The global asteroid mining market was valued at $712.0 million in 2017 and is projected to reach $3,868.9 million by 2025, growing at a CAGR of 24.4% from 2018 to 2025

Market Drivers

Increase in development of science and technology is key driving factor which is expected to boost the global asteroid mining market growth. Furthermore, increase in government investments and funding as well as ambitions by the government authorities will significantly influence the global asteroid mining market growth over the forecast period. Also, current and growing forthcoming space missions are expected to propel the asteroid mining market growth during this forecast timeline. Moreover, increase in adoption of in-situ resource utilization practice in exploration will fuel the market growth. Over the past few years, the human population has increased from 1.5 billion to more than 7 billion, propelling an ever-increasing demand for resources. Continuous technological advancements coupled with innovations are expected to support the global asteroid mining market.

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Market Restraints

High initial costs associated with Asteroid mining and prospecting missions is the market restraint which is expected to hamper the global asteroid mining market growth. Also, asteroid mining activities creating huge environmental risks which affects space and earth which is expected to limit the market growth over the forecast period. 

Market Segmentation

Global Asteroid Mining Market is segmented into phase such as Spacecraft Design, Launch, and Operation, by asteroid type such as Type C, Type S, Type M, and Others. Further, market is segmented into application such as Construction, Resource Harvesting, 3D Printing, and Others.

Also, Global Asteroid Mining Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. 

Market Key Players

Various key players are listed in this report such as Deep Space Industries, Moon Express, Planetary Resources, Ispace, Asteroid Mining Corporation, Shackleton Energy Company,  Kleos Space, Transastra, Offworld, and Spacefab.Us

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Market Taxonomy

By Phase Spacecraft Design Launch Operation   By Asteroid Type Type C Type S Type M Others

By Application Construction Resource Harvesting 3D Printing Others

By Region

North America

Latin America

Europe Asia

Pacific Middle

East & Africa

 Key Questions Addressed by the Report What are the Key

Opportunities in Global Asteroid Mining Market?

What will be the growth rate from 2019 to 2030?

Which segment/region will have highest growth?

What are the factors that will impact/drive the Market?

\What is the competitive Landscape in the Industry?

What is the role of key players in the value chain?

What are the strategies adopted by key players?

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[ladookhotnikov]

NASA Mission Will Depreciate Gold - In 10 Years the Global Precious Metals Market Will Collapse

NASA is going to deliver an asteroid worth 10 quintillion dollars to Earth. How much is it? If you had to spend a million a day, it would take approximately 2.7 million years to spend even one quintillion. Or 1 quintillion dollars could cover the area of the United States several times over.

The Spacex Falcon Heavy shuttle was launched on October 13 and is on its way, having covered 3.5 billion kilometers. The mission's goal is to bring the asteroid Psyche 16 to Earth by 2030.

Falcon Heavy is the most powerful rocket ever launched by Elon Musk's SpaceX. However, the most powerful carrier in the history of astronautics is considered to be the Saturn 5, used as part of the Apollo program for flights to the Moon. Its maximum carrying capacity was 118 tons. This is much larger than the Falcon Heavy but the Saturn V is no longer in use as the flight program has ended.

This asteroid is one of the most interesting objects, which is located between the orbits of Mars and Jupiter. The celestial body was discovered in 1852 by astronomer Annibale de Gasparis and named after Psyche, a character from ancient Greek mythology.

If the space agency manages to deliver this block to Earth, then the world could drown in an abundance of precious metals. Silver, cobalt, platinum, rhodium, ruthenium, iridium and palladium - this is not a complete list of precious metals that Psyche 16 is rich in. However, the main element of the asteroid is gold, which is worth trillions of dollars, if you count the current value.

Experts are confident that, despite the potential value of the asteroid, its impact on the global gold market will not be immediate. Extraction of resources will require considerable time and most likely it will take more than a dozen years.

In contrast, there is Bitcoin, a kind of digital gold that plays by its own rules. Strict emission, immutability of code, and decentralization make cryptocurrency valuable. And even if three such asteroids are delivered, it will not change anything.

More than 19 million BTC out of the planned 21 million have already been mined. According to forecasts, the last Satoshi will leave the “digital mine” only in 2140. And who knows what will be more valuable then - a piece of shiny metal or a code line?

[kittubhawsar]

Asteroid Mining Market Huge Growth Opportunities and Trends to 2029: Deep Space, Moon Express, ispace

The Global Asteroid Mining market to witness a CAGR of 13.24% during forecast period of 2023-2028. The market is segmented by Application (Construction, Resource Harvesting, 3D Printing, Others) by Type (Type C, Type S, Type M, Others) by Phase (Spacecraft Design, Launch, Operation) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Asteroid Mining market size is estimated to increase by USD 2978.3 Million at a CAGR of 13.24% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 2685.18 Million

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Ongoing and future space missions will help to boost global asteroid mining market globally. It is the exploitation of raw materials from asteroids as well as other minor planets, which also contains near-earth objects. Minerals can be mined from an asteroid or spent comet and then used in space for construction material or can be taken back to earth. The raw material used including gold, iridium, silver, osmium, palladium, platinum, nickel, and aluminum. There is a rise in demand for planets limited resources with growing in the worlds population. This has led to several governments and private enterprises to set their sights on outer space for various resources which are projected to boost the global asteroid mining market.

[imr-riya]

Space Mining Market by Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2028

Space Mining market was valued at USD 1340 million in 2021 and is expected to reach USD 5090 million by the year 2028, at a CAGR of 21%.

The method of collecting materials and minerals from asteroids and near-earth objects is known as space mining. The similar to earth mining in that it involves the extraction and exploitation of valuable resources and minerals. The only difference is the expense of both, which is incredibly expensive for space mining. However, due to the rapid depletion of resources and the scarcity of these resources on Earth, space mining could be the only viable choice for mineral and material exploration. Space mining refers to the extraction of useful and precious raw materials from minor planets or asteroids, such as gold, iridium, silver, palladium, osmium, platinum, rhodium, rhenium, ruthenium, and tungsten, as well as iron, manganese, and cobalt. The aim of space mining is either to provide building materials in space or to carry extracted material back to Earth for technical and economic development. The current pandemic has affected almost all industry verticals across the world. The space mining market has been influenced by the restrictions imposed during the pandemic phase.

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The research study includes an examination of many aspects that contribute to the market's expansion. Market trends, restrictions, and drivers that have a favorable or negative influence on the market are included. This section also discusses the many businesses and applications that may have an impact on the market in the future. The information is based on both recent and historical patterns. The cost structure, market size, Space Mining Sales, Gross Margin and Market Share, Price, Revenue, Size, Forecast, and Growth Rate are all calculated in the report.

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Key Industry Players in Space Mining Market:

·         Bradford

·         Ispace

·         Kleos Space S.A.

·         Moon Express

·         Planetary Resources

·         Spacefab.Us

·         Sierra Nevada Corporation

·         Offworld

·         Virgin Galactic

·         Deep Space Industries

·         Asteroid Mining Corporation

·         Shackleton Energy Company

·         TransAstra

·         National Aeronautics and Space Administration

·         European Space Agency

·         Japan Aerospace Exploration Agency

·         China National Space Administration

·         Russian Federal Space Agency

·         Asteroid Mining Corporation Limited and other major players.

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.

Segmentation Analysis Includes,

By Type:

·         Type C

·         Type S

·         Type M

By Phase:

·         Spacecraft Design

·         Launch

·         Operation

By Application:

·         Extraterrestrial Commodity

·         Construction

·         Human Life Sustainability

·         Fuel

·         3D Printing

By Region:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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Reasons to Buy the Space Mining Market Research Report:

·         The Space Mining exploration report gives a characterization of the Space Mining company, along with its marketing strategies, commercial growth, and full-fledged structure and association of the company.

·         The Market exploration includes literal and vaticinations Market data, demand, operation details, pricing history, and company shares of the Space Mining Market by terrain.

·         The report of the Space Mining company gains a truly global perspective with the most comprehensive report available on this Market covering colorful topographies, current happenings, and upcoming opportunities.

·         The Space Mining Market report analyzes important functional and performance data so one may compare them to their own business, the businesses of their guests, or the companies of their rivals.

The pandemic has had a great impact on the Space Mining Market. It shook businesses and stock markets across the globe had to act in handy and give in immediate responses considering the COVID-19 obstacles. The COVID-19 Epidemic has hyped up the reality and has drastically affected the fiscal and experimental criteria of the Space Mining Market. The Space Mining Market report emphasizes the assignments and comminations that COVID-19 left for businessmen and judges to learn and get prepared for forthcoming rigors.

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The Space Mining Market exploration report throws an enhanced and profound understanding of the Market and its factors. The Space Mining Market is surely enduring numerous grueling tests due to the emergence of new challengers in the Market. The Space Mining exploration report is an expansive study that focuses on overall consumption patterns, development trends, deals numbers, and provident heads in crucial countries of the Space Mining Market.

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https://introspectivemarketresearch.com/reports/space-agriculture-market/

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[clearmusictheorist]

Space mining Market 2023 - Technological Growth, Industry Status, Trends, Demand and Forecast to 2030

Through its comprehensive report Space Mining Market, Brainy Insights provides an in-depth study of the current state & significant drivers of the given market. The records are formed with the help of incorporating scientific & systematic research procedures. The investigation of the regions & segments consists of looking at the industry from both microscopic & macroscopic levels, which is determined with the help of bottom-up & top-down approaches. The record delves first into the foundation of the global Space Mining Market by looking at categories, definitions, and industry overview.

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Further, the strategy of expansion has been adopted by key participants who are raising their production abilities to cater to the rising demand for different applications. The record covers vital developments in the global Space Mining industry as inorganic & organic growth strategies. Multiple companies are concentrating on inorganic growth approaches that were witnessed in the industry: collaborations, acquisitions, and partnerships. The organic growth approaches like product launches, product approvals, and others, such as patents & events. These activities have paved the path for expanding the industry & consumer base of industry participants. The third integrant is profiling different major & mid-performing vendors present in the global Space Mining industry. Customization of the report is done as per the needs of the customers.

Market Summary:

• On the basis of the type, the market has been bifurcated into

Type C (Chondrite)

Type S (Stony)

Type M (Metallic)

• Based on the application / end users, the market has been divided into

Water

Platinum Group Materials

Structural Elements

Top Leading Companies:

Ispace, TransAstra, Asteroid Mining Corporation, OffWorld, Shackleton Energy Company, Moon Express, Planetary Resources, Kleos Space, SpaceFab.US, Bradford

This worldwide Space Mining Market research/analysis report contains answers to the following questions:

• What was the worldwide market status of the Space Mining market?

What was the production value, capacity, cost, and profit of the Space Mining industry?

• What is worldwide Space Mining market chain investigation by upstream raw materials & downstream enterprises?

• What is the current worldwide Space Mining industry status of the Space Mining market?

What’s global Space Mining industry competition in this enterprise, both company, and country-wise?

What’s the industry analysis of the Space Mining market by taking applications & types into consideration?

• What are the market dynamics of the global Space Mining market?

What are the opportunities & challenges?

• What are the key consequences of the five forces investigation of the worldwide Space Mining market?

• What should be entry strategies, countermeasures to economic influence, and marketing channels for the global Space Mining market?

• The global Space Mining market share, supply, and consumption will be?

What about import & export?

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[madyjose5]

global asteroid mining market garnered $712 million in 2017, and is estimated to reach $3,868.9 million by 2025, growing at a CAGR of 24.4% from 2018 to 2025.

[kdmarketresearch]

Asteroid Mining Market Qualitative Insights, Key Enhancement and Latest Trends 2017-2025

KD Market research has presented a detailed report on  “Asteroid Mining Market” which includes the major application, advantages, and key market trends that are fostering the growth of the market during the forecasted span of 6 years. The research takes a step forward and analyzes the key competitors and global regions that are holding the market share of Asteroid Mining Market in terms of revenue.

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Asteroids mining is anticipated to enable the extraction of rich resources of the asteroids in the space. It is being developed by a variety of companies, which is leading to the enlarged scope of the business over the coming years. For instance, European nation’s Luxembourg hopes to be the global leader in the emerging race to mine resources in the outer space. Luxembourg is investing 25 million euros in a privately owned company, Planetary Resources. This is an asteroid mining startup, which is expected to launch its first commercial asteroid prospecting mission by 2020. In addition, China is planning to develop nuclear-powered space shuttles by 2040, which will have the ability to mine resources from asteroids and build solar power plants in space in the near future.

The asteroid mining market is gaining traction, owing to the availability of abundant resources in the space such as precious metals, fuel and other natural resources which influences its growth positively. In addition, the rise in the R&D, investments by key players to install space mining methods is expected to drive the space mining market size in the coming years.

The global asteroid mining market is analyzed by phase, asteroid type, application, and region. Based on phase, the market is divided into spacecraft design, launch, and operation. By asteroid type, the market is classified into Type C, Type S, Type M, and others. Based on application, the market is categorized into construction, resource harvesting, 3D printing, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global asteroid mining market are Asteroid mining Company, Bradford, iSpace, Kleos Space S.A, Planetary Resources, SpaceFab.US, Sierra Nevada Corporation, Offworld, and Virgin Galactic.

These key players have adopted strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

Key Benefits for Asteroid Mining Market:

·This study includes the analytical depiction of the global asteroid mining along with the current trends and future estimations to determine the imminent investment pockets.

· The report presents information regarding the key drivers, restraints, and opportunities.

·The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the industry.

·Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Asteroid Mining Market Segmentations:

· By Phase

–Spacecraft Design –Launch –Operation

· By Asteroid Type

–Type C –Type S –Type M –Others

· By Application

–Construction –Resource Harvesting –3D Printing –Others

· By Region

North America –U.S. –Canada –Mexico

· Europe

–UK–Germany

 –Russia  –Luxembourg  –Rest of Europe

 · Asia-Pacific

–China –Japan –Australia –Rest of Asia-Pacific

· LAMEA

–Latin America –Middle East –Africa

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Table of Content

CHAPTER 1: INTRODUCTION

1.1. REPORT DESCRIPTION 1.2. KEY BENEFITS FOR STAKEHOLDERS 1.3. KEY MARKET SEGMENTS 1.4. RESEARCH METHODOLOGY

1.4.1. Primary research 1.4.2. Secondary research 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE 3.2. KEY FINDINGS

3.2.1. Top impacting factors 3.2.2. Top investment pockets 3.2.3. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS 3.4. MARKET SHARE ANALYSIS (2017) 3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Ongoing and future space missions 3.5.1.2. Rise in investments in space mining technologies 3.5.1.3. Advancements in 3D printing Application

3.5.2. Restraint

3.5.2.1. High cost associated with space mining techniques

3.5.3. Opportunities

3.5.3.1. Adoption of In-Situ resource Utilization (ISRU) in space exploration 3.5.3.2. Rising number of government regulations

CHAPTER 4: ASTEROID MINING MARKET, BY PHASE TYPE

4.1. OVERVIEW 4.2. SPACE-CRAFT DESIGN

4.2.1. Key market trends, growth factors and opportunities 4.2.2. Market size and forecast, by region 4.2.3. Market analysis by country

4.3. LAUNCH

4.3.1. Key market trends, growth factors, and opportunities 4.3.2. Market size and forecast, by region 4.3.3. Market analysis by country

4.4. OPERATION

4.4.1. Key market trends, growth factors, and opportunities 4.4.2. Market size and forecast, by region 4.4.3. Market analysis by country

CHAPTER 5: ASTEROID MINING MARKET, BY ASTEROID TYPE

5.1. OVERVIEW 5.2. TYPE C

5.2.1. Key market trends, growth factors and opportunities 5.2.2. Market size and forecast, by region 5.2.3. Market analysis by country

5.3. TYPE S

5.3.1. Key market trends, growth factors, and opportunities 5.3.2. Market size and forecast, by region

5.3.3. Market analysis by country

5.4. TYPE M

5.4.1. Key market trends, growth factors, and opportunities 5.4.2. Market size and forecast, by region 5.4.3. Market analysis by country

5.5. OTHERS

5.5.1. Key market trends, growth factors, and opportunities 5.5.2. Market size and forecast, by region 5.5.3. Market analysis by country

CHAPTER 6: ASTEROID MINING MARKET, BY APPLICATION

6.1. OVERVIEW 6.2. CONSTRUCTION

6.2.1. Key market trends, growth factors and opportunities 6.2.2. Market size and forecast, by region 6.2.3. Market analysis by country

6.3. RESOURCE HARVESTING

6.3.1. Key market trends, growth factors, and opportunities 6.3.2. Market size and forecast, by region 6.3.3. Market analysis by country

6.4. 3D PRINTING

6.4.1. Key market trends, growth factors, and opportunities 6.4.2. Market size and forecast, by region 6.4.3. Market analysis by country

6.5. OTHERS

6.5.1. Key market trends, growth factors, and opportunities 6.5.2. Market size and forecast, by region 6.5.3. Market analysis by country

CHAPTER 7: ASTEROID MINING MARKET, BY REGION

7.1. OVERVIEW 7.2. NORTH AMERICA

7.2.1. Key market trends, growth factors, and opportunities 7.2.2. Market size and forecast, by phase type 7.2.3. Market size and forecast, by asteroid Type 7.2.4. Market size and forecast, by Application 7.2.5. Market analysis by country

7.2.5.1. U.S.

7.2.5.1.1. Market size and forecast, by PHASE type 7.2.5.1.2. Market size and forecast, by Asteroid Type 7.2.5.1.3. Market size and forecast, by Application

7.2.5.2. Canada

7.2.5.2.1. Market size and forecast, by PHASE type 7.2.5.2.2. Market size and forecast, by Asteroid Type 7.2.5.2.3. Market size and forecast, by Application

7.2.5.3. Mexico

7.2.5.3.1. Market size and forecast, by PHASE type 7.2.5.3.2. Market size and forecast, by Asteroid Type 7.2.5.3.3. Market size and forecast, by Application

7.3. EUROPE

7.3.1. Key market trends, growth factors, and opportunities 7.3.2. Market size and forecast, by phase type 7.3.3. Market size and forecast, by Asteroid Type 7.3.4. Market size and forecast, by Application 7.3.5. Market analysis by country

7.3.5.1. U.K.

7.3.5.1.1. Market size and forecast, by PHASE type 7.3.5.1.2. Market size and forecast, by Asteroid Type 7.3.5.1.3. Market size and forecast, by Application

7.3.5.2. Germany

7.3.5.2.1. Market size and forecast, by PHASE type 7.3.5.2.2. Market size and forecast, by Asteroid Type 7.3.5.2.3. Market size and forecast, by Application

7.3.5.3. Russia

7.3.5.3.1. Market size and forecast, by PHASE type 7.3.5.3.2. Market size and forecast, by Asteroid Type 7.3.5.3.3. Market size and forecast, by Application

7.3.5.4. Luxembourg

7.3.5.4.1. Market size and forecast, by PHASE type 7.3.5.4.2. Market size and forecast, by Asteroid Type 7.3.5.4.3. Market size and forecast, by Application

7.3.5.5. Rest of Europe

7.3.5.5.1. Market size and forecast, by PHASE type 7.3.5.5.2. Market size and forecast, by Asteroid Type 7.3.5.5.3. Market size and forecast, by Application

7.4. ASIA-PACIFIC

7.4.1. Key market trends, growth factors, and opportunities 7.4.2. Market size and forecast, by phase type 7.4.3. Market size and forecast, by asteroid Type 7.4.4. Market size and forecast, by Application 7.4.5. Market analysis by country

7.4.5.1 China

7.4.5.1.1. Market size and forecast, by PHASE type 7.4.5.1.2. Market size and forecast, by Asteroid Type 7.4.5.1.3. Market size and forecast, by Application

7.4.5.2. Japan

7.4.5.2.1. Market size and forecast, by PHASE type 7.4.5.2.2. Market size and forecast, by Asteroid Type 7.4.5.2.3. Market size and forecast, by Application

7.4.5.3. Australia

7.4.5.3.1. Market size and forecast, by PHASE type 7.4.5.3.2. Market size and forecast, by Asteroid Type 7.4.5.3.3. Market size and forecast, by Application

7.4.5.4. Rest of Asia-Pacific

7.4.5.4.1. Market size and forecast, by PHASE type 7.4.5.4.2. Market size and forecast, by Asteroid Type 7.4.5.4.3. Market size and forecast, by Application

7.5. LAMEA

7.5.1. Key market trends, growth factors, and opportunities 7.5.2. Market size and forecast, by PHASE type 7.5.3. Market size and forecast, by Asteroid Type 7.5.4. Market size and forecast, by Application 7.5.5. Market analysis by country

7.5.5.1. Latin America

7.5.5.1.1. Market size and forecast, by PHASE type 7.5.5.1.2. Market size and forecast, by Asteroid Type 7.5.5.1.3. Market size and forecast, by Application

7.5.5.2. Middle East

7.5.5.2.1. Market size and forecast, by PHASE type 7.5.5.2.2. Market size and forecast, by Asteroid Type 7.5.5.2.3. Market size and forecast, by Application

7.5.5.3. Africa

7.5.5.3.1. Market size and forecast, by PHASE type 7.5.5.3.2. Market size and forecast, by Asteroid Type 7.5.5.3.3. Market size and forecast, by Application

CHAPTER 8: COMPANY PROFILES

8.1. ASTEROID MINING CORPORATION LIMITED

8.1.1. Company overview 8.1.2. Company snapshot 8.1.3. Product portfolio 8.1.4. Key strategic moves and developments

8.2. BRADFORD

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[strangemusictriumph]

New Space / Commercial Space Market - Forecast (2022 - 2027)

The Global New Space/Commercial Space market size is forecast to reach $23.6 billion by 2026, growing at a CAGR of 11.2% from 2021 to 2026. The market growth is attributed to technological advancements creating demand for more cost-effective space operations. Moreover, the expansion of private investment from new space investors has been also positively impacting the growth of new space/commercial space market. Rapid evolution of space sector overtime have eventually raised the transformation bar in space ecosystem, driving more space related exploration and research activities, which in turn also impact its market growth. In addition, emerging space economy is increasingly dependent on data with varied impacts on space technologies as well as markets along with military or strategic innovations around space and others is set to drive the market forward in the long run.

Report Coverage

The report: “New space market– Forecast (2020-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the New Space market.

By Equipment Type: Communications Satellites, Earth Observation Satellites, Launch Vehicles, Others.

By Solution Type: Satellite IOT, Communications, Geospatial solution, Others.

By Application: Navigation/Agriculture, Surveillance, Earth Environment Monitoring, Space Tourism, Asteroid Mining, Others.

By End Users: Civil, Commercial and Military.

By Geography: North America (U.S, Canada, Mexico), Europe (Germany, U.K, France, Italy, Spain, Others), APAC (China, Japan India, South Korea, Australia and Others), South America (Brazil, Argentina, Others) and ROW (Middle East, Africa).

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Key Takeaways

Satellite IoT segment is analyzed to witness the fastest growth in the new space/commercial space market during 2021-2026, due to growing development of IoT based satellites.

Military sector will grow with the highest CAGR during the forecast period 2021-2026, due to military investments on space exploration.

North America had accounted for the largest share in 2020, due to growing demand for small satellites, rise of space observation mission and others.

New Space/Commercial Space Market Segment Analysis - By Solution Type

Satellite IOT segment is anticipated to grow with the highest CAGR of around 7.5% in the global new space/commercial space market during the forecast period 2021-2026. Satellite IoT facilitate surveillance of the environment, agriculture, maintenance of public utilities and many others relevant to remote sensing within a large area. Availability of low-cost and low-power global networking would also help in increasing the overall number of linked sensors, thus improving precision of data-based predictions and developments in a variety of global environmental, social, manufacturing, agricultural and logistical applications. A new wave of start-ups exploring recent developments in smaller satellite technology which offer low-cost, low-power access would challenge traditional satellite providers, aiding its market growth. IoT-focused satellites can be a great way to improve profitability, especially in relation to the rising broadband and satellite communications market. Some of the companies in the upstream satellite IoT market include OQ Technology, Astrocast, Kineis, Hiber, and many more. In 2019, Quilty Analytics had revealed about two dozen companies seeking to enter the satellite IoT market in the coming time, including both new entrants as well as incumbent players like Iridium Communications, Inmarsat, Globalstar and Orbcomm. In March 2020, Eutelsat announced about its plans of developing a nano satellite IoT constellation on the same side, set to be launched between 2021 and 2022. This will further help in serving emerging space economy advancements, driving its market growth in the long run.

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New Space/Commercial Space Market Segment Analysis - By End Users

Military sector is analyzed to witness the fastest growth in the global new space/commercial space market with the highest CAGR of around 6.3% during 2021-2026. Rise of military security threats have been eventually raising the need for increasing satellite communication services as a part of ensuring intelligence, surveillance and reconnaissance application areas. This further add up to the demand towards space crafts, launch missiles and many others in order to improve service and security standards within the military & defense sectors. Moreover, defense or military organizations support deployment of different types of satellites including communication satellites, surveillance satellites and many others towards tracking or monitoring of future security threats, thereby impacting the growth of new space/commercial space markets. In May 2021, the government of United Kingdom had revealed about a space program plan for its military towards investing on new technologies with a major focus on increasing space capabilities. Through this program, responsive launched small satellites in low earth orbit constellation will be adopted ensuring direct utility for the war fighters, causing faster response and resilience of the space networks. Such factors are further set to assist the growth of new space/commercial space market in the coming time.

New Space/Commercial Space Market Segment Analysis - By Geography

North America region had dominated the global new space/commercial space market in 2020 with a share of 33%, and is analyzed to witness a significant growth during the forecast period 2021-2026. Growing demand towards commercial communication or satellite imaging services, collaborative efforts from government and private sector towards space exploration projects have attributed towards the growth of new space/commercial space market in the region. Increasing demand for small satellites, rise of interplanetary space observation missions as well as investments on launch missiles, spacecraft and related space equipment to improve space ecosystem have also helped in boosting its market growth overtime. In addition, strong support for start-up firms from U.S government over the years, with SpaceX being the most prominent, through awarding with NASA launches have also helped in driving new space prospects in the region. Well-known venture capital firms including Sequoia, Khosla Ventures, RRE Ventures and others have invested in several promising companies such as Earth, Orbital Insight, and Spire in American New Space, as a part of uplifting the bar in exploring as well as designing accessible space technologies. In June 2021, the U.S Space Force announced about setting up an office in order to assess and secure commercial services ranging from traditional satellite communications to satellite imagery, further impacting the market growth of new space/commercial space.

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New Space/Commercial Space Market Drivers

Evolution of small satellites

Emergence of smallsats, a satellite which weights as much as a few hundred pounds anywhere from one ounce, act as a major driver for the market growth of new space/commercial space. Usually, satellites weighing about 1 and 10 kg are made with off-the-shelf components and assembled in only a couple of days, thus lowering the entry barrier complexities, scheduling as well as cost viewpoint for commercial companies. This in turn help in pushing a new paradigm led by private corporations dedicated towards making space more available and inexpensive for non-governmental and military organizations. In November 2020, the Indian Space Research Organization (ISRO) had revealed about its plans of gearing up the launch of small satellite launch vehicles utilizing satellites which weight less and have limited launch options. This small satellite evolution towards meeting the needs of emerging global small satellite launch services market, will further drive the growth of new space/commercial space market.

Growing investments from public as well as private firms

While private equity projects have captured most of the headlines in recent years, interest in the public sector have also increased significantly. In August 2019, Trump Administration had established a U.S. Space Command as a part of increasing U.S. military capabilities in space. Additionally, in May 2020, NASA announced about launching a manned flight to the International Space Station on a commercially developed rocket, making it the first time after U.K’s shuttle programme withdrawn in the year 2011. This further remarks a significant landmark in the collaboration between private enterprise and government in the area of space, thus aiding the market growth towards new space/commercial space.

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New Space/Commercial Space Market Challenges

Regulatory barriers

Global regulatory barriers or conditions remain a significant challenge for businesses seeking to launch or have assets launched into space, irrespective of active technical progress and a momentum for privatization in the post-SpaceX age of developing space markets. Operating licences for LSPs (Launch Services Programs) remain a sluggish process and laws being not yet in effect to support new modes of service. The lengthy delays required to gain regulatory approval have been adversely impacting the development of space companies. The S2E (Service-to-Employee) section, especially for spacecraft without de-orbiting capability, may be further affected by new space debris regulations. This is poised to hamper the new space/commercial market growth in the long run.

New Space/Commercial Space Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the new space/commercial space market. The top 10 new space/commercial space companies include Blue Origin LLC, Masten Space Systems, Stratolaunch LLC, Virgin Galactic, XCOR Aerospace, Inc., Space Exploration Technologies Corp. (SpaceX), Northrop Grumman Corporation, ORBCOMM Inc., Orbit International Corporation and Orbital Sciences Corporation (Orbital ATK) among others. 

 

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[andy1199posts]

The Future of the Space Mining Market Growth, And Research Report Breakdown

The Future of the Space Mining Market Growth, And Research Report Breakdown

The space mining market was valued at USD 0.49 billion in 2017 and is expected to reach USD 2.84 billion by 2025, at a CAGR of 23.6% during the forecast period. The base year considered for the study is 2017, and the forecast period considered is from 2018 to 2025. The objective of the report is to provide a detailed analysis of the market based on phase, type of asteroid, and region. The report…

[madyjose5]

global asteroid mining market accrued a sum of $712 million in 2017 and is likely to reach $3,868.9 million by 2025, growing at a CAGR of 24.4% from 2018 to 2025.

[1market]

Space Mining Market 2022 – Huge Growth Opportunities and Expansion by 2025 |Research Informatic

Space Mining are augmented reality visors that block the sun's rays while allowing you to see clearly outside. Space Mining use transparent LCD technology to provide an effective, hands-free solution for shielding drivers from harsh sunlight.

The Global Space Mining Market is expected to reach $989.2 million by 2026, growing at a CAGR of 24.1 percent between 2021 and 2026.

The Space Mining Market reports give a far-reaching outline of the worldwide market size and share. It gives the information historic and six years forecast data which incorporates information on financial information of worldwide market. Key partners can refer the insights, tables and figures highlighted in this Space Mining research report. Nitty gritty Study of Market incorporates evaluation of Porter’s Five Forces system, Pestle Analysis, SWOT analysis with Opportunity.

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 Some of the Top companies influencing in this Market includes:

·         Deep Space Industries

·         Planetary Resources

·         Moon Express

·         ispace

·         Asteroid Mining Corporation (UK)

·         Shackleton Energy Company

·         Kleos Space

·         TransAstra

·         National Aeronautics

·         Space Administration

·         European Space Agency

 Description:

The report provides defines and describes the market by gathering the relevant and unbiased information of the market. The research provides the authentic data that help to solve the upcoming obstacles in the market.

As the global Space Mining market is segmented based on various parameters, an in-depth classification of the market is also mentioned; elements impacting the market’s growth are studied in detail to understand the report precisely. Moreover this, profiles of some of the leading players operating in the global market are included in the report.

Segmentation of Space Mining Market:

The report segments the market by the type of the product, Application of the product and the end users. Segmentation of the market enables the client to understand the market clearly and deeply.

By Phase

·         Spacecraft Design

·         Launch

·         Operation

By Type of Asteroid

·         Type C

·         Type S

·         Type M

Geography

·         North America

·         Europe

·         APAC

·         RoW

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 The study presents an evaluation of the factors that are expected to inhibit or boost the progress of the global Space Mining market. The global Space Mining market has been examined thoroughly on the basis of key criteria such as end user, application, product, technology, and region.

An analysis has been provided in the report of the key geographical segments and their share and position in the market. The estimated revenue and volume growth of the global market has also been offered in the report.

Classified by region, this research report is segmented into many key sections, with production, consumption, revenue, market share and progress rate of Space Mining in these regions, from 2022 to 2029, covering the regions like North America, Europe, China, Japan, Southeast Asia and    India.

Highlights of the report:

The research study is derived from primary and secondary resources which consist of qualitative and quantative analysis

 It provides the information about the drivers and restraints of the market.

It presents a dynamic vision to conclude and research market size, key developments and competitive information.

It highlights the current scenario of the businesses along with historical records.

It focuses on some significant factors that are responsible for the progress of the business.

Buy the Full Research Report of Global Space Mining Market @: https://researchinformatic.com/reports/space-mining-market-285

If you have any special requirements, please let us know and we will offer you the report as you want.

About Us:

Research Informatic is a bulging market research and consultancy company based in Nevada, United States, with a report distribution centre in India. We are committed to assisting our clients in making critical business decisions by fulfilling their niche market research needs. Our clients are spread across more than 130 countries and in all business domains.

Our service offerings include syndicated research, tailored research, consumer surveys, and consulting. We concentrate on making investment decisions based on a variety of criteria such as growth size, benefits strategies, technical advances, and changing consumer inclinations, to name a few.

Our syndicated and custom research reports assist our customers in growing their businesses across a broad range of industries. In the fields of healthcare, chemicals and materials, ICT, Automation, Semiconductors & Electronics, Consumer goods, Energy, Food & Beverages, and Packaging, we include research studies in the form of syndicate reports, custom reports, market surveys, and consultancy projects.

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[industryrecentdevelopment]

Space Mining Market: Industry Analysis, Segments, Growth, and Value Chain Analysis, 2021 to 2027

The Final Report will cover the analysis of the Impact of Covid-19 on this industry.

According to the recent report published by Introspective Market Research, the Global Space Mining Market report provides sustainable growth opportunities, challenges, scope, Driver restraints, and the latest trends during the forecast period from 2020 to 2026. This latest industry research study analyses the keyword market by various product segments, applications, regions, and countries while accessing the regional performances of numerous leading market participants. In this report, there are various approaches and procedures approved by key market players that enable efficient business decisions.

The global Space Mining market provides qualitative and quantitative information on the growth rate, market segmentation, market size, future trends, and regional prospects. The research study represents a modern perspective aimed at securing the future potential of the Space Mining market. This report analyzes and evaluates the latest prospects for the new retail space, as well as the general and future market performance of Covid-19. In addition, this report provides a detailed overview of competition between some industries and others.

Space Mining Market is anticipated to cross USD 4.21 Billion by 2027, registering a CAGR of 21% from 2021 to 2027.

Space Mining Market – Size, Competitive Landscape, and Segmentation Analysis:

Space Mining Market Reports provide a high-level overview of market segments by product type, applications, leading key players, and regions, as well as market statistics. The research insights focus on the impact of the Covid-19 epidemic on performance and offer a thorough examination of the current market and market dynamics. This crucial understanding of the report’s objective can help you make better strategic decisions about investment markets by assessing elements that may affect current and future market circumstances. The leading key players in the Global and Regional market are summarized in a research to understand their future strategies for growth in the market.

The Major Players Covered in this Report:

Bradford

Ispace

Kleos Space S.A.

Moon Express

Planetary Resources

Spacefab.Us

Sierra Nevada Corporation

Offworld

Virgin Galactic

Deep Space Industries

Asteroid Mining Corporation

Shackleton Energy Company

TransAstra

National Aeronautics and Space Administration

European Space Agency

Japan Aerospace Exploration Agency

By Type, Space Mining has been segmented into:

Type C

Type S

Type M

By Application, Space Mining has been segmented into:

Extraterrestrial Commodity

Construction

Human Life Sustainability

Fuel

3D Printing

Market Segment by Regions and Countries Level Analysis:

· North America (U.S., Canada, Mexico)

· Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

· Asia-Pacific (China, India, Japan, Southeast Asia etc.)

· South America (Brazil, Argentina etc.)

· Middle East & Africa (Saudi Arabia, South Africa etc.)

Covid-19 Impact and Recovery Analysis on Industry:

We’ve kept track of Covid-19’s direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Space Mining industry. The study categorizes the Aerospace Carbon Fiber industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.