Global Space Mining Market Valued at USD 15.2 Billion in 2022, Estimated to Grow at a CAGR of 13.2% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Space Mining market size accounted for USD 15.2 Billion in 2022, growing at a CAGR of 13.2% from 2023 to 2033. The space mining market refers to the emerging industry focused on extracting valuable resources from celestial bodies such as asteroids, the Moon, and other planets. Space mining holds the potential to provide access to rare metals, minerals, water, and other resources that are scarce on Earth. It is seen as a key step towards the long-term sustainability of space exploration and the development of space-based industries. As the global population continues to grow and technological advancements increase resource demands, there is a growing recognition of the scarcity of certain resources on Earth. Space mining offers the potential to access vast reserves of minerals, metals, and other resources that are limited or difficult to extract on our planet.
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Key Highlights:
• The global Space Mining Market size was valued at USD 15.2 billion in 2022 growing at a CAGR of 13.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Space Mining Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Space Mining market report also includes the following data points:
• COVID19 Impact on Space Mining market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Space Mining market
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Key Players
Some of the major Space Mining players holding high market share include North Star Ice Equipment Corporation, Recom Ice Systems, Focusun Refrigeration Corporation, and Airbus. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• North Star Ice Equipment Corporation
• Recom Ice Systems
• Focusun Refrigeration Corporation
• Airbus
• TransAstra
• Moon Express
• Ispace
• Trans Astronautica Corporation
• Deltion Innovations Ltd
• Asteroid Mining Corporation Ltd.
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Space Mining Market:
o C-Type
o S-Type
o M-Type
Market Segment By application with a focus on market share, consumption trend, and growth rate of the Space Mining Market:
o Water resources
o Metal resources
o Scientific knowledge
o Environment
o Economic growth
Parameters Details
Market Size (2022) $ 15.2 Billion
CAGR (2023 to 2033) 13.2%
Market Segmentation Type, Application
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Space Mining Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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