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Space mining, or asteroid mining, refers to the mining of asteroids and other minor planets for their valuable raw materials.
There are millions of asteroids in the solar system – remnants of bodies colliding in space. Most of the asteroids are distributed between the orbits of Mars and Jupiter —the main asteroid belt— but not all of them. According to Advantage Environment, approximately 13,000 asteroids are categorized as near-Earth objects, well within reasonable reach, and at least 900 more are discovered every year.
Asteroid mining is a concept that involves the extraction of useful materials from asteroids and near-earth objects, which are useful for propulsion, construction, life support, agriculture, metallurgy, and precious and strategic metals. Volatiles such as hydrogen and methane could be used to produce rocket fuel for transporting spacecraft between the Earth and near-earth objects. Rare-earth metals, such as thulium, scandium, and holmium could be used to manufacture materials as well as solar panels which could be used to power habitats in space. These solar-powered cells could also be used to provide electricity for its inhabitants with satellites specifically designed for this purpose. Iron, nickel and cobalt would serve as fundamental raw materials for building space factories. Precious metals such as platinum, platinum-group metals (PGMs), and gold are also useful. A handful of companies, emerging and existing, will require materials with a high level of purity in large quantities, all of which are readily available in asteroids. There are conjectures that the asteroid mining industry is a whooping trillion-dollar industry.
The market value of asteroid mining refers to the development of technologies and spacecraft design, for example, that will ultimately enable space missions for the purpose of gathering raw materials.
The Space Mining market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
According to our latest research, the global Space Mining market size will reach USD 7434.7 million in 2029, growing at a CAGR of 21.4% over the analysis period.
In terms of region, the largest segment of Global Space Mining Market would be North America, with a market share of over 53% in 2019. Following North America, Europe accounted for nearly 31% of global market.
For applications of Global Space Mining Market, Fuel is the largest segment with a market share of nearly 60% in 2019. Construction and 3D Printer accounted for about 22% and 14% of global market, respectively.
Market segmentation
Space Mining market is split by Type and by Application. For the period 2023-2029, the growth among segments provide accurate calculations and forecasts for revenue by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type, covers
C-Type Carbonaceous Asteroids
S-Type Silicaceous Asteroids
M-Type Metallic Asteroids
Market segment by Application, can be divided into
Fuel
Construction
3D Printer
Market segment by players, this report covers
ConsenSys (Planetary Resources)
Bradford Space (Deep Space Industries)
Moon Express
Ispace
Asteroid Mining Corporation
Trans Astronautica Corporation
OffWorld
SpaceFab
Market segment by regions, regional analysis covers
North America
Europe
Asia-Pacific (China, Japan, South Korea, Rest of Asia-Pacific)
South America
Middle East & Africa
The content of the study subjects, includes a total of 8 chapters:
Chapter 1, to describe Space Mining product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top players of Space Mining, with recent developments and future plans
Chapter 3, the Space Mining competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4, to break the market size data at the region level, with key companies in the key region and Space Mining market forecast, by regions, with revenue, from 2023 to 2029.
Chapter 5 and 6, to segment the market size by Type and application, with revenue and growth rate by Type, application, from 2023 to 2029.
Chapter 7 and 8, to describe Space Mining research findings and conclusion, appendix and data source.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
1 Market Overview
1.1 Product Overview and Scope of Space Mining
1.2 Classification of Space Mining by Type
1.2.1 Overview: Global Space Mining Market Size by Type: 2022 Versus 2028
1.2.2 Global Space Mining Revenue Market Share by Type in 2029
1.2.3 C-Type Carbonaceous Asteroids
1.2.4 S-Type Silicaceous Asteroids
1.2.5 M-Type Metallic Asteroids
1.3 Global Space Mining Market by Application
1.3.1 Overview: Global Space Mining Market Size by Application: 2023 Versus 2029
1.3.2 Fuel
1.3.3 Construction
1.3.4 3D Printer
1.4 Global Space Mining Market Size & Forecast
1.5 Market Drivers, Restraints and Trends
1.5.1 Space Mining Market Drivers
1.5.2 Space Mining Market Restraints
1.5.3 Space Mining Trends Analysis
2 Company Profiles
2.1 ConsenSys (Planetary Resources)
2.1.1 ConsenSys (Planetary Resources) Details
2.1.2 ConsenSys (Planetary Resources) Major Business
2.1.3 ConsenSys (Planetary Resources) Space Mining Product and Solutions
2.1.4 ConsenSys (Planetary Resources) Recent Developments and Future Plans
2.2 Bradford Space (Deep Space Industries)
2.2.1 Bradford Space (Deep Space Industries) Details
2.2.2 Bradford Space (Deep Space Industries) Major Business
2.2.3 Bradford Space (Deep Space Industries) Space Mining Product and Solutions
2.2.4 Bradford Space (Deep Space Industries) Recent Developments and Future Plans
2.3 Moon Express
2.3.1 Moon Express Details
2.3.2 Moon Express Major Business
2.3.3 Moon Express Space Mining Product and Solutions
2.3.4 Moon Express Recent Developments and Future Plans
2.4 Ispace
2.4.1 Ispace Details
2.4.2 Ispace Major Business
2.4.3 Ispace Space Mining Product and Solutions
2.4.4 Ispace Recent Developments and Future Plans
2.5 Asteroid Mining Corporation
2.5.1 Asteroid Mining Corporation Details
2.5.2 Asteroid Mining Corporation Major Business
2.5.3 Asteroid Mining Corporation Space Mining Product and Solutions
2.5.4 Asteroid Mining Corporation Recent Developments and Future Plans
2.6 Trans Astronautica Corporation
2.6.1 Trans Astronautica Corporation Details
2.6.2 Trans Astronautica Corporation Major Business
2.6.3 Trans Astronautica Corporation Space Mining Product and Solutions
2.6.4 Trans Astronautica Corporation Recent Developments and Future Plans
2.7 OffWorld
2.7.1 OffWorld Details
2.7.2 OffWorld Major Business
2.7.3 OffWorld Space Mining Product and Solutions
2.7.4 OffWorld Recent Developments and Future Plans
2.8 SpaceFab
2.8.1 SpaceFab Details
2.8.2 SpaceFab Major Business
2.8.3 SpaceFab Space Mining Product and Solutions
2.8.4 SpaceFab Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Space Mining Revenue and Share by Players (2023 & 2029)
3.2 Space Mining Players Head Office, Products and Services Provided
3.3 Space Mining Mergers & Acquisitions
3.4 Space Mining New Entrants and Expansion Plans
4 Global Space Mining Forecast by Region
4.1 Global Space Mining Market Size by Region: 2023 VS 2029
4.2 Global Space Mining Market Size by Region, (2023-2029)
4.3 North America
4.3.1 Key Companies of Space Mining in North America
4.3.2 Current Situation and Forecast of Space Mining in North America
4.3.3 North America Space Mining Market Size and Prospect (2023-2029)
4.4 Europe
4.4.1 Key Companies of Space Mining in Europe
4.4.2 Current Situation and Forecast of Space Mining in Europe
4.4.3 Europe Space Mining Market Size and Prospect (2023-2029)
4.5 Asia-Pacific
4.5.1 Key Companies of Space Mining in Asia-Pacific
4.5.2 Current Situation and Forecast of Space Mining in Asia-Pacific
4.5.3 Asia-Pacific Space Mining Market Size and Prospect (2023-2029)
4.5.4 China
4.5.5 Japan
4.5.6 South Korea
4.6 South America
4.6.1 Key Companies of Space Mining in South America
4.6.2 Current Situation and Forecast of Space Mining in South America
4.6.3 South America Space Mining Market Size and Prospect (2023-2029)
4.7 Middle East & Africa
4.7.1 Key Companies of Space Mining in Middle East & Africa
4.7.2 Current Situation and Forecast of Space Mining in Middle East & Africa
4.7.3 Middle East & Africa Space Mining Market Size and Prospect (2023-2029)
5 Market Size Segment by Type
5.1 Global Space Mining Market Forecast by Type (2023-2029)
5.2 Global Space Mining Market Share Forecast by Type (2023-2029)
6 Market Size Segment by Application
6.1 Global Space Mining Market Forecast by Application (2023-2029)
6.2 Global Space Mining Market Share Forecast by Application (2023-2029)
7 Research Findings and Conclusion
8 Appendix
8.1 Methodology
8.2 Research Process and Data Source
8.3 Disclaimer
List of Tables
Table 1. Global Space Mining Revenue by Type, (USD Million), 2023 VS 2029
Table 2. Global Space Mining Revenue by Application, (USD Million), 2023 VS 2029
Table 3. ConsenSys (Planetary Resources) Corporate Information, Head Office, and Major Competitors
Table 4. ConsenSys (Planetary Resources) Major Business
Table 5. ConsenSys (Planetary Resources) Space Mining Product and Solutions
Table 6. Bradford Space (Deep Space Industries) Corporate Information, Head Office, and Major Competitors
Table 7. Bradford Space (Deep Space Industries) Major Business
Table 8. Bradford Space (Deep Space Industries) Space Mining Product and Solutions
Table 9. Moon Express Corporate Information, Head Office, and Major Competitors
Table 10. Moon Express Major Business
Table 11. Moon Express Space Mining Product and Solutions
Table 12. Ispace Corporate Information, Head Office, and Major Competitors
Table 13. Ispace Major Business
Table 14. Ispace Space Mining Product and Solutions
Table 15. Asteroid Mining Corporation Corporate Information, Head Office, and Major Competitors
Table 16. Asteroid Mining Corporation Major Business
Table 17. Asteroid Mining Corporation Space Mining Product and Solutions
Table 18. Trans Astronautica Corporation Corporate Information, Head Office, and Major Competitors
Table 19. Trans Astronautica Corporation Major Business
Table 20. Trans Astronautica Corporation Space Mining Product and Solutions
Table 21. OffWorld Corporate Information, Head Office, and Major Competitors
Table 22. OffWorld Major Business
Table 23. OffWorld Space Mining Product and Solutions
Table 24. SpaceFab Corporate Information, Head Office, and Major Competitors
Table 25. SpaceFab Major Business
Table 26. SpaceFab Space Mining Product and Solutions
Table 27. Global Space Mining Revenue (USD Million) by Players (2023 & 2029)
Table 28. Global Space Mining Revenue Share by Players (2023 & 2029)
Table 29. Space Mining Players Head Office, Products and Services Provided
Table 30. Space Mining Mergers & Acquisitions in the Past Five Years
Table 31. Space Mining New Entrants and Expansion Plans
Table 32. Global Market Space Mining Revenue (USD Million) Comparison by Region (2023 VS 2029)
Table 33. Global Space Mining Revenue Market Share by Region (2023-2029)
Table 34. Key Companies of Space Mining in North America
Table 35. Current Situation and Forecast of Space Mining in North America
Table 36. Key Companies of Space Mining in Europe
Table 37. Current Situation and Forecast of Space Mining in Europe
Table 38. Key Companies of Space Mining in Asia-Pacific
Table 39. Current Situation and Forecast of Space Mining in Asia-Pacific
Table 40. Key Companies of Space Mining in China
Table 41. Key Companies of Space Mining in Japan
Table 42. Key Companies of Space Mining in South Korea
Table 43. Key Companies of Space Mining in South America
Table 44. Current Situation and Forecast of Space Mining in South America
Table 45. Key Companies of Space Mining in Middle East & Africa
Table 46. Current Situation and Forecast of Space Mining in Middle East & Africa
Table 47. Global Space Mining Revenue Forecast by Type (2023-2029)
Table 48. Global Space Mining Revenue Forecast by Application (2023-2029)
List of Figures
Figure 1. Space Mining Picture
Figure 2. Global Space Mining Revenue Market Share by Type in 2029
Figure 3. C-Type Carbonaceous Asteroids
Figure 4. S-Type Silicaceous Asteroids
Figure 5. M-Type Metallic Asteroids
Figure 6. Space Mining Revenue Market Share by Application in 2029
Figure 7. Fuel Picture
Figure 8. Construction Picture
Figure 9. 3D Printer Picture
Figure 10. Global Space Mining Market Size, (USD Million): 2023 VS 2029
Figure 11. Global Space Mining Revenue and Forecast (2023-2029) & (USD Million)
Figure 12. Space Mining Market Drivers
Figure 13. Space Mining Market Restraints
Figure 14. Space Mining Market Trends
Figure 15. ConsenSys (Planetary Resources) Recent Developments and Future Plans
Figure 16. Bradford Space (Deep Space Industries) Recent Developments and Future Plans
Figure 17. Moon Express Recent Developments and Future Plans
Figure 18. Ispace Recent Developments and Future Plans
Figure 19. Asteroid Mining Corporation Recent Developments and Future Plans
Figure 20. Trans Astronautica Corporation Recent Developments and Future Plans
Figure 21. OffWorld Recent Developments and Future Plans
Figure 22. SpaceFab Recent Developments and Future Plans
Figure 23. Global Space Mining Revenue Market Share by Region (2023-2029)
Figure 24. Global Space Mining Revenue Market Share by Region in 2029
Figure 25. North America Space Mining Revenue (USD Million) and Growth Rate (2023-2029)
Figure 26. Europe Space Mining Revenue (USD Million) and Growth Rate (2023-2029)
Figure 27. Asia-Pacific Space Mining Revenue (USD Million) and Growth Rate (2023-2029)
Figure 28. South America Space Mining Revenue (USD Million) and Growth Rate (2023-2029)
Figure 29. Middle East & Africa Space Mining Revenue (USD Million) and Growth Rate (2023-2029)
Figure 30. Global Space Mining Market Share Forecast by Type (2023-2029)
Figure 31. Global Space Mining Market Share Forecast by Application (2023-2029)
Figure 32. Methodology
Figure 33. Research Process and Data Source
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