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Asteroid Mining Market to reach $3,868.9 million by 2025, growing at a CAGR of 24.4% from 2018 to 2025 | Global key players includes Bradford, iSpace, Kleos Space, Planetary Resources, SpaceFab, Sierra Nevada, Offworld, and Virgin Galactic

05-20-2019 07:02 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

Asteroid Mining Market to reach $3,868.9 million by 2025,

The global asteroid mining market was valued at $712.0 million in 2017 and is projected to reach $3,868.9 million by 2025, growing at a CAGR of 24.4% from 2018 to 2025.The global asteroid mining market is expected to grow exponentially during the forecast period. The market growth is expected to be positively influenced by growing traces of metals, water, and fuel in the space along with increased emphasis of government on carrying out several space situational awareness programs.

The major players operating in the global asteroid mining market are Asteroid mining Company, Bradford, iSpace, Kleos Space S.A, Planetary Resources, SpaceFab.US, Sierra Nevada Corporation, Offworld, and Virgin Galactic. These key players have adopted product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaboration to enhance their market penetration.

Get free sample copy of report at: http://bit.ly/2WSw37t

The global asteroid mining market is analyzed by phase, asteroid type, application, and region. Based on phase, the market is divided into spacecraft design, launch, and operation. By asteroid type, the market is classified into Type C, Type S, Type M, and others. Based on application, the market is categorized into construction, resource harvesting, 3D printing, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits for Asteroid Mining Market:

This study includes the analytical depiction of the global asteroid mining along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information regarding the key drivers, restraints, and opportunities.

The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the industry.

Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

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We provide best in classcustomer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

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