May 06, 2020 Xherald -- The Space Mining Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.
The major key players covered in this report:
Bradford, Ispace, Kleos Space S.A., Moon Express, Planetary Resources, Spacefab.Us, Sierra Nevada Corporation, Offworld, Virgin Galactic Holdings, Inc. /zigman2/quotes/208333884/composite SPCE -5.97% , 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, etc.
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North America is expected to be the dominant market for space mining in the years to come. Currently, the United States is investing huge amounts in the space mining industry. NASA's OSIRIS-REx traveled to a near-Earth asteroid called Bennu and may bring a small sample back to Earth for study. The mission was launched in September 2016. After traveling through space for more than 2 years, NASA's OSIRIS-REx spacecraft arrived in December 2018 at its destination, asteroid Bennu. As planned, the spacecraft is expected to return a sample to Earth in 2023. Additionally, in October 2018, Deltion Innovations, a Canadian company focused on developing mining technologies and robotics for the resource sector, and announced its partnership with Moon Express, the first American private space exploration firm to have been granted government permission to travel beyond Earth's orbit.
The companies may work together for collecting, processing, storing, and using materials found in celestial bodies. Such developments are expected to drive the growth of the market in the region during the forecast period. The market is in its nascent stage, with most of the progress expected to come in the next decade. Strategic acquisitions and partnerships may help the players to enhance their technological capabilities. In October 2018, Planetary Resources Inc., a pioneer in the asteroid mining industry, was acquired by ConsenSys, a Brooklyn-based blockchain company. Moreover, in January 2019, Bradford, a US-owned space systems manufacturer with locations in the Netherlands and Sweden, announced that it has acquired Deep Space Industries Inc. Such acquisitions are expected to further consolidate the market.
This report segments the global Space Mining Market based on Types are:
Type C, Type S, Type M.
Based on Application, the Global Space Mining Market is Segmented into:
Extraterrestrial Commodity, Construction, Human Life Sustainability, Fuel, 3D Printing.
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Regions covered By Space Mining Market Report.
North America (The United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.
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