Space Mining Market Set to Surge Significantly during 2019-2027 TOP Vendors are Asteroid Mining, China National Space Administration, Kleos Space, National Aeronautics and Space Administration, OffWorld, Planetary Resources
space mining also known as asteroid mining is a process that is involved in exploitation of raw materials from asteroids and other minor planets, as well as near-Earth objects. Minerals are extracted from a spent comet or asteroid, then taken back to Earth or utilized in space for construction materials.
An off-the-shelf report on Space Mining Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2025.
The “Global Space Mining Market Analysis to 2025” is a specialized and in-depth study of the space mining market with a focus on the global market trend. The report aims to provide an overview of global space mining market with detailed market segmentation by phase, type of asteroid, application and geography. The global space mining market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the space mining market.
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Key Reasons to Acquisition this Report:
- To provide detailed information regarding the major factors influencing the growth of the Space Mining Market (drivers, restraints, opportunities, and challenges)
- To forecast the market size, in terms of value, with regard to 4 main regions – Asia Pacific (APAC), Europe, North America, and Rest of the World (ROW) – along with their respective countries
The key factors propelling the growth of space mining are increasing government initiatives and investments to frame regulations for asteroid mining and impending and ongoing space mining missions. Further, government initiatives resulting in rising number of start-ups and adoption of In-Situ Resource Utilization (ISRU) practice in space exploration are anticipated to provide growth opportunities over the next few years. However, high costs allied with asteroid mining and huge environmental risks due to mining activities are some of the restraints that are hindering the market to grow.
The List of Companies
• Asteroid Mining Corporation Limited
• China National Space Administration
• Kleos Space S.A.
• National Aeronautics and Space Administration
• OffWorld, Inc
• Planetary Resources, Inc.
• Shackleton Energy Company,
• SpaceFab
• The Roscosmos State Corporation
• TransAstra Corporation.
he report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global space mining market based on phase, type of asteroid and application. It also provides market size and forecast till 2027 for overall space mining market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
Space Mining Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the market in these regions.
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Reason to buy:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Space Mining Market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Space Mining Market, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
