Space Mining Market– Future Scope ,Industry Trends and Forecast to 2026

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Space Mining Market Future Scope ,Industry
Trends and Forecast to 2026
Space Mining Market, By Phase (Spacecraft Design,
Launch, Operation), Type of Asteroid (Type C,
Type S, Type M), Type of Commodity Resource
(Water, Platinum Group Materials, Structural
Elements), Distance from Earth (Near-Earth
Asteroids, Asteroid Belt Distance Ranges from
Earth), Application (Extra-terrestrial Commodity,
Construction, Human Life Sustainability, Fuel, 3D
Printing), Utilization (Earth, Space), Geography
(North America, South America, Europe,
Asia-Pacific, Middle East and Africa) Industry
Trends and Forecast to 2026
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Report Description
The Global Space Mining Market is expected to
rise from its initial estimated value of USD 0.56
billion in 2018 to an estimated value of USD 3.28
billion by 2026, registering a CAGR of 24.7 in
the forecast period of 2019-2026. This growth can
be attributed to the high number of space
missions currently taking place and the upcoming
space missions too. Space mining is the process
of excavation of materials and minerals from
asteroids and near-earth objects. The purpose of
space mining is similar to that of earth mining,
exploitation and excavation of precious materials
and minerals. The major difference is the cost
involved for both which is extremely costly for
space mining, but due to the rapid decline in
resources and these resources becoming
increasingly scarce on earth, space mining could
be the only viable option for the excavation of
minerals and materials.
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Major Key Players

• Some of the major players operating in this
  market are
• Deep Space Industries Inc
• Planetary Resources
• Moon Express
• Ispace
• Asteroid Mining Corporation Limited
• Shackleton Energy Company
• KLEOS SPACE S.A.
• ISRO
• Boeing
• SPACE EXPLORATION TECHNOLOGIES CORP.

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Market Segmentation

• By Type (Thin-Film Batteries, Portable Batteries,
  Other Batteries)
• By Capacity (Less Than 20 mAh, Between 20 mAh
  -500 mAh, 500 mAh, Above)
• By Application (Consumer Electronics, Electric
  Vehicle, Energy Harvesting, Entertainment,
  Medical Devices, Packaging, Portable Devices,
  Smart Cards, Wearable Devices, Wireless
  Communication, Others)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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