Space Mining Market - Industry Insights, Drivers, Top Trends, Global Analysis And Forecast to 2028

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Space Mining Market - Industry Insights, Drivers,
Top Trends, Global Analysis And Forecast to 2028
Space Mining Market, By Type of Asteroid (Type C,
Type S, Type M), Phase (Spacecraft Design,
Launch, Operation), 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), Country
(U.S., Canada, Mexico, Brazil, Argentina, Rest of
South America, Germany, Italy, U.K., France,
Spain, Netherlands, Belgium, Switzerland, Turkey,
Russia, Rest of Europe, Japan, China, India,
South Korea, Australia, Singapore, Malaysia,
Thailand, Indonesia, Philippines, Rest of
Asia-Pacific, Saudi Arabia, U.A.E, South Africa,
Egypt, Israel, Rest of Middle East and Africa)
Industry Trends and Forecast to 2028
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Report Description
Space mining market will grow at a CAGR of 24.65
in the forecast period of 2021 to 2028.
Continuous ongoing and impending space mining
missions is an essential factor driving the space
mining market. Space mining is the type of
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 Phase (Spacecraft Design, Launch, Operation)
• By Type of Commodity Resource (Water, Platinum
  Group Materials, Structural Elements)
• By Application (Extra-Terrestrial Commodity,
  Construction, Human Life Sustainability, Fuel, 3D
  Printing)

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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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