The report studies the impact of the COVID-19 pandemic on the Space Mining Market .The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
The global space mining market size is expected to reach USD 8.19 Billion in 2030 and register a steady revenue CAGR of 23.5% over the forecast period, according to latest analysis by Emergen Research. Space mining market revenue growth is expected to be driven by continuous investment in space exploration and mining, launch of planned space missions, and increasing support by governments worldwide. Government initiatives to frame regulations with regards to space mining is expected to support revenue growth of the market going ahead.
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Revenue from the Type C segment is expected to increase steadily throughout the forecast period. Mining efforts are expected to be initially directed at this type of asteroid owing to availability of water, which can be used to produce rocket fuel, and be supplied to enterprises conducting space missions. Organic and metal materials are also available from Type C, and can be used for spacecraft construction in space.
It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Space Mining Market . Our team of analysts has conducted an assessment of the historical Space Mining Market trends, estimated growth rate, revenue generation, production capacity, pricing structure, and numerous other vital aspects of the market, including key Wireless Charging market drivers, opportunities, challenges, and restraints.
Main players in the market include Moon Express, Kleos Space S.A., Bradford Space Inc., Ispace, Planetary Resources, NASA, China National Space Administration, Trans Astronautica Corporation, Shackleton Energy Company (SEC), and Asteroid Mining Corporation Ltd.
Covid impact analysis:
The study on the Global Space Mining Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. . The Space Mining Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic.
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Emergen Research has segmented the global space mining market on the basis of type of asteroid, phase, type of commodity, application, and region:
· Type of Asteroid Outlook (Revenue, USD Billion; 2018–2028)
- Type C
- Type S
- Type M
- Others
· Phase Outlook (Revenue, USD Billion; 2018–2028)
- Spacecraft Design
- Instruments
- Altitude Control System
- Electric Power System
- Others
- Launch
- Operation
· Type of Commodity Outlook (Revenue, USD Billion; 2018–2028)
- Water
- Structural Elements
- Platinum Group Materials
Major Geographies Encompassed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Objectives of the Global Space Mining Market Study:
An in-depth study of the evolving market sectors and the growth & penetration status of the global Space Mining Market
COVID-19 Impact Analysis to highlight the major opportunities and challenges
Strategic recommendations to help readers formulate lucrative business strategies
Identification of the emerging players and their tactical approaches to expand market presence
An extensive study of the product portfolios of the major market players and their regional presence
A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures
Global Space Mining Market Report - Table of Contents:
Chapter 1. Space Mining Market Definition and Scope
Chapter 2. Space Mining Market Executive Summary
Chapter 3. Space Mining Market Research Methodology
Chapter 4. Space Mining Market Market Dynamics
Chapter 5. Regional Analysis
Chapter 6. Product Segmentation
Chapter 7. Application Spectrum
Chapter 8. End-user Landscape
Chapter 9. Competitive Landscape
Chapter 10. Append
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About US :
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Read our Press Release @ https://www.emergenresearch.com/press-release/global-space-mining-market