Asteroid Mining Market Size, Share, Growth, Industry Analysis And Global Forecast 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Asteroid Mining Market Size, Growth Rate, And Forecast:
The global asteroid mining market size is expected to grow from $1.11 billion in 2022 to $1.38 billion in 2023 at a compound annual growth rate (CAGR) of 23.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The asteroid mining market is expected to grow to $3.11 billion in 2027 at a CAGR of 22.5%.

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Asteroid Mining Market Drivers:
An increasing space missions by government bodies and space companies is expected to propel the growth of the asteroid mining market going forward. A space mission refers to launching manned or unmanned vehicles into space to gather scientific data. Space missions would enable the exploration of suitable asteroid mining candidates containing platinum group metals and would get the data they need, such as location, environment, and travel time, to select the correct asteroid for mining. As a result, an increase in space missions increases the demand for asteroid mining.

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Asteroid Mining Market Segments
•By Phase: Space-Craft Design, Launch, and Operations
•By Asteroid: Type C, Type S, Type M
•By Application: Construction, Resource Harvesting, and 3D Printing
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the asteroid mining market.

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Asteroid Mining Market Key Players:
Major competitors in the asteroid mining market include Asteroid Mining Corporation Limited, Bradford Space, iSpace Inc., Kleos Space S.A., Moon Express, Planetory Resources, Inc., SpaceFab.US, OffWorld, Virgin Galactic, Sierra Nevada Corporation, Trans Astronautica Corporation, Deltion Innovations Ltd., The Boeing Company, The Indian Space Research Organisation, and Northrop Grumman Corporation.

The Business Research Company's "Global Asteroid Mining Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Asteroid Mining Market Include:
1. Executive Summary
2. Asteroid Mining Market Characteristics
3. Asteroid Mining Market Trends And Strategies
4. Asteroid Mining Market - Macro Economic Scenario
5. Asteroid Mining Market Size And Growth
....
26. Africa Asteroid Mining Market
27. Asteroid Mining Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Asteroid Mining Market
29. Asteroid Mining Market Future Outlook and Potential Analysis
30. Appendix

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