Space Mining Market the Development Strategies Adopted by Major Key Players And To Understand The Competitive Scenario by 2030The increasing investments by mining companies is expected to foster healthy growth of the market during the forecast period, sates Fortune Business Insights in a report, titled "Space Mining Market Size, Share & Industry Analysis, By Phase (Spacecraft Design, Launch, Operation), By Asteroid type (Type C, Type S, Type M, Others), By Application (Construction, Resource Harvesting, 3D Printing, Others) and Regional Forecast, 2023-2030." The growing number of government initiatives for asteroid mining is likely to spur opportunities for the market.
Get Sample PDF Brochure:
Joint venture of Nasa and SpaceX to Support Business Development
SpaceX, space exploration technologies corp announced a partnership agreement with NASA to explore the mineral-rich asteroid known as Psyche. The contract worth USD 117 million, which will involve Falcon Heavy rocket in the Psyche mission. The rocket will be initiated from Complex 39A at Cape Canaveral Air Force Station. Furthermore, the increasing investments by companies in space mining projects are expected to aid the expansion of the market. The ongoing space mining missions along with government initiatives for asteroid mining are expected to contribute to the growth of the market. The growing space exploration and advancement in 3D printing technology are factors expected to boost the growth of the market.
Nevertheless, the complications associated with spacecraft and space mining projects are expected to restrict the growth of the market in the forthcoming years.
The report on space mining market encompasses:
Wide-ranging study of all the segments and sub-segments
Prominent data about key players
Vital factors and market drivers
Latest developments by eminent companies
Main regions in the market
Inquire Before Buying This Research Report:
Presence of Major Space Companies to Aid Expansion in North America
Geographically, the global space mining market is segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to witness a significant growth rate during the forecast period. The growth in the region is attributed to the presence of key players such as Deep Space Industries, Moon Express, National Aeronautics and Space Administration, Planetary Resources, Shackleton Energy Company. The rising space mining mission from NASA is expected to promote the growth of the market. Asia Pacific is expected to hold a substantial share during the forecast period owing to the growing investments in space mining. Europe is expected to witness a high growth rate owing to the ongoing and future space missions of the European Space Agency (ESA).
April 2016: Northern Ontario Company signed an agreement with the Canadian Space Agency to work on a multi-purpose device. This device is designed for mining on the moon and Mars.
The Report Lists the Main Companies Space Mining Market:
Asteroid Mining Corporation (The U.K)
China National Space Administration (China)
Deep Space Industries (The U.S.)
European Space Agency (France)
Japan Aerospace Exploration Agency (Japan)
Moon Express (The U.S.)
National Aeronautics and Space Administration (The U.S.)
Planetary Resources (The U.S.)
Russian Federal Space Agency (Russia)
Shackleton Energy Company (The U.S.)
US (The U.S.)
Trans Astronautica Corporation (The U.S.)
Contact us for Customization in the Report:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower,
Baner - Mahalunge Road, Baner,
Pune-411045, Maharashtra, India.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Space Mining Market the Development Strategies Adopted by Major Key Players And To Understand The Competitive Scenario by 2030 here
News-ID: 3071221 • Views: 356
More Releases from Fortune Business Insights Pvt Ltd
Aircraft Engine Market Latest Key Drivers and Future Demand Forecast by 2029
According to a recent report by Fortune Business Insights, the global Aircraft Engine Market is expected to reach a size of USD 112.61 billion by 2028, growing at a CAGR of 10.87% during the forecast period 2021-2028. The report offers a thorough analysis of the market size, regional landscape, revenue forecasts, and upcoming challenges in the market. It also provides current statistics and future predictions, aiming to evaluate growth prospects,
Radar Level Transmitter Market Size, Gross Margin, Trends, Future Demand, Analys …
The higher level of accuracy, reliability, and stability offered by radar level transmitters is expected to fuel the demand of the market during the forecast period, states Fortune Business Insights, in a report, titled "Radar Level Transmitter Market Size, Share & Industry Analysis, By Technology (Contact, Noncontact), By Frequency Range (C and X Band, W Band, K Band), By Application (Liquids, slurries, and interfaces, Solids), By Industry (Oil & Gas,
Explosive Detectors Market Analysis, Growth, Trends, Demands and Emerging Techno …
The global explosive detectors market is set to gain traction from their ever-increasing usage in the security check-in department of domestic, as well as international airports worldwide. This information is published by Fortune Business Insights™ in an upcoming report, titled, "Explosive Detectors Market Size, Share & Industry Analysis, By Technology (Trace Detector, Bulk Detector), By Product Type (Vehicle Mounted, Handheld, Robotics, Others), By End User (Military & Defense, Cargo &
Aircraft Fuel System Market Trends, Share, Size, Demand, Industry Revenue, Futur …
The aircraft fuel system market is set to gain traction from the increasing need for a constant flow of clean fuel to the aircraft engine from the fuel tank. This information is given by Fortune Business Insights™ in an upcoming report, titled, "Aircraft Fuel System Market Size, Share & Industry Analysis, By Application (Military, Commercial , UAV), By Engine (Jet aircraft engine, Helicopter engine, Turboprop engine, UAV engine), By Type
More Releases for Space
Space Travel Market Analysis, Size, Trends, Growth, Forecast 2022-2028, Top Play …
Space Travel Market Scope & Overview In-depth analyses of new product releases, market contributions, mergers, and partnerships over the anticipated time range are provided in Space Travel market study. The study also looks at the issues the global Space Travel market is having and gives a summary of the main drawbacks and positives of the market. The research includes market repercussions, with an emphasis on key elements and legal needs. The
Space Tourism Market 2022: Analysis by Top Key Players - Virgin Galactic, SpaceX …
Space Tourism Market Scope and Overview 2022 This study provides a comprehensive examination of the global Space Tourism industry. The study includes all of the necessary data, which was gathered through extensive primary and secondary research. The market analysis includes data from segments such as type, industry, channel, and others; market volume and value are also included for each segment. The study also looks at major players and distributors in the
Space and Space Station Robotics Market May Set New Growth Story | Made In Space …
HTF Market Intelligence released a new research Study of 86 pages on title 'Space and Space Station Robotics Market - Global Industry Analysis & Forecast US$ Million, 2019 – 2025' with in-depth analysis, forecast and business moves. The study covers key regions and important players such as Maxar Technologies, Motiv Space Systems, Altius Space Machines, Northrop Grumman, Honeybee Robotics, Astrobotic Technology, Made In Space, Inc., Effective Space Solutions Limited. Request
Space And Space Station Robotics Market 2020 Analysis and Precise Outlook -Maxar …
Global Space And Space Station Robotics Market Size, Status And Forecast 2020-2026 The report provides a unique tool for evaluating the Space And Space Station Robotics Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends to identify emerging technologies and
Space Mining Market Outlook to 2025 - Asteroid Mining, China National Space Admi …
The "Global Space Mining Market Analysis to 2025" is a specialized and in-depth study of the space mining market with a focus on the global market trend. The report aims to provide an overview of global space mining market with detailed market segmentation by phase, type of asteroid, application and geography. The global space mining market is expected to witness high growth during the forecast period. The report provides key
Space Mining Market Key Players: NASA, European Space Agency, Kleos Space
Global Space Mining Market: Overview Space mining refers to the mining of asteroids and other minor planets for their valuable raw materials. Space technology is anticipated to enable the exploitation of the rich resources of the asteroids in the solar system and it is being developed by a variety of companies leading to the enlarged scope of the business over the coming years. Space mining is an exciting prospect for more