The Global Space Mining Market is Expected to Grow at a CAGR of 24% by 2026

According to a market report by Lucintel, the future of the space mining market looks promising with opportunities in the extraterrestrial commodity, construction, human life sustainability, fuel, and 3D printing industries. The global space mining market is expected to grow with a CAGR of 24% from 2021 to 2026. The major drivers for this market are rising investments by private stakeholders in asteroid mining companies and increasing government initiatives to frame regulations with respect to asteroid mining.

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Type C, type S, and type M are the different types of space mining asteroids in space mining market. Lucintel forecasts that type C will remain the largest segment as these asteroids contain ice water, which can be mined and used as a rocket propellant.

North America will remain the largest region the forecast period due to imminent space exploration and mining missions by NASA and private players.

Deep Space, Planetary Resources, Moon Express, ispace, Asteroid Mining, Shackleton Energy, Kleos Space, TransAstra, OffWorld are among the major space mining manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global space mining market by phase, type of asteroid, type of commodity resource, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Space Mining Market 2021-2026: Market Size, Trends and Growth Analysis”. This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global space mining market by phase, type of asteroid, type of commodity resource, application, and region as follows:

By Phase [$M shipment analysis for 2015 – 2026]:

Spacecraft Design

Launch

Operation

 

By Type of Asteroid [$M shipment analysis for 2015 – 2026]:

Type C

Type S

Type M

 

By Type of Commodity Resource [$M shipment analysis for 2015 – 2026]:

Water

Platinum Group Materials

Structural Elements

 

By Application [$M shipment analysis for 2015 – 2026]:

Extraterrestrial Commodity

Construction

Human Life Sustainability

Fuel

3D Printing

 

By Region [$M shipment analysis for 2015 – 2026]:

North America

United States

Canada

Mexico

 

Europe

Germany

United Kingdom

France

Italy

Asia Pacific

China

Japan

India

South Korea

 

The Rest of the World

This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

 

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.