Asteroid Mining Market
PUBLISHED: 2019 ID: SMRC17994
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Asteroid Mining Market

Asteroid Mining - Global Market Outlook (2017-2026)

4.8 (93 reviews)
4.8 (93 reviews)
Published: 2019 ID: SMRC17994

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Asteroid Mining Markets accounted for $706.16 million in 2017 and is expected to reach $4,259.34 million by 2026 growing at a CAGR of 22.1% during the forecast period. Ongoing and impending space mining missions, increasing investments of private stakeholders in space mining companies, and adopting 3D printing technology in asteroid mining are the factors expected to drive the growth of the asteroid mining market. However, the high cost associated with the mining techniques and regulations regarding proprietary rights act as a major barrier and hampers the asteroid mining market growth.

Asteroids mining is referred to as the exploitation of raw materials from asteroids and other minor planets, which also includes near-earth objects. Minerals can be mined from an asteroid or spent comet and then used in space for construction material or can be taken back to earth. These resources or raw materials include gold, iridium, silver, osmium, palladium, platinum, nickel, and aluminum.

Based on Phase Type, the Space-Craft Design segment due to increased investments and funding from governments and private companies worldwide for designing and manufacturing space crafts. By geography, North America is expected to dominate the global Asteroid mining market. Owing to technological advancements related to asteroid mining and high investment in the space technology industry. The U.S. is expected to be an emerging player in the asteroids mining industry due to the presence of strong government agencies in the region such as NASA, Satellite Industry Association, and Commercial Spaceflight Federation, among others.

Some of the key players profiled in the Asteroid Mining Market include Asteroid Mining Corporation Limited, Bradford, Ispace, Kleos Space S.A., Moon Express, lanetary Resources, Spacefab.Us, Sierra Nevada Corporation, Offworld, and Virgin Galactic.

Asteroid Types Covered:
• Type C
• Type S
• Type M
• Other Aesteroid Types

Phase Types Covered:
• Space-Craft Design
• Launch
• Operation

Applications Covered:
• Construction
• Resource Harvesting
• 3D Printing
• Extraterrestrial Commodity
• Other Applications

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
    o Comprehensive profiling of additional market players (up to 3)
    o SWOT Analysis of key players (up to 3)
• Regional Segmentation
    o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
    o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
          
2 Preface         
 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Application Analysis        
 3.7 Emerging Markets        
 3.8 Futuristic Market Scenario        
          
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Asteroid Mining Market, By Aesteroid Type         
 5.1 Introduction        
 5.2 Type C        
 5.3 Type S        
 5.4 Type M        
 5.5 Other Aesteroid Types        
          
6 Global Asteroid Mining Market, By Phase Type         
 6.1 Introduction        
 6.2 Space-Craft Design        
 6.3 Launch        
 6.4 Operation        
          
7 Global Asteroid Mining Market, By Application         
 7.1 Introduction        
 7.2 Construction         
 7.3 Resource Harvesting        
 7.4 3D Printing        
 7.5 Extraterrestrial Commodity        
 7.6 Other Applications        
          
8 Global Asteroid Mining Market, By Geography         
 8.1 Introduction        
 8.2 North America         
  8.2.1 US       
  8.2.2 Canada       
  8.2.3 Mexico       
 8.3 Europe        
  8.3.1 Germany       
  8.3.2 UK       
  8.3.3 Italy       
  8.3.4 France       
  8.3.5 Spain       
  8.3.6 Rest of Europe       
 8.4 Asia Pacific         
  8.4.1 Japan       
  8.4.2 China       
  8.4.3 India       
  8.4.4 Australia       
  8.4.5 New Zealand       
  8.4.6 South Korea       
  8.4.7 Rest of Asia Pacific       
 8.5 South America        
  8.5.1 Argentina       
  8.5.2 Brazil        
  8.5.3 Chile       
  8.5.4 Rest of South America       
 8.6 Middle East & Africa        
  8.6.1 Saudi Arabia       
  8.6.2 UAE       
  8.6.3 Qatar       
  8.6.4 South Africa       
  8.6.5 Rest of Middle East & Africa       
           
9 Key Developments         
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 9.2 Acquisitions & Mergers        
 9.3 New Product Launch        
 9.4 Expansions        
 9.5 Other Key Strategies        
          
10 Company Profiling         
 10.1 Asteroid Mining Corporation Limited        
 10.2 Bradford        
 10.3 Ispace        
 10.4 Kleos Space S.A.        
 10.5 Moon Express        
 10.6 Planetary Resources        
 10.7 Spacefab.Us        
 10.8 Sierra Nevada Corporation        
 10.9 Offworld        
 10.10 Virgin Galactic        


List of Tables          
1 Global Asteroid Mining Market Outlook, By Region (2016-2026) (US $MN)          
2 Global Asteroid Mining Market Outlook, By Aesteroid Type (2016-2026) (US $MN)         
3 Global Asteroid Mining Market Outlook, By Type C (2016-2026) (US $MN)         
4 Global Asteroid Mining Market Outlook, By Type S (2016-2026) (US $MN)         
5 Global Asteroid Mining Market Outlook, By Type M (2016-2026) (US $MN)         
6 Global Asteroid Mining Market Outlook, By Other Aesteroid Types (2016-2026) (US $MN)         
7 Global Asteroid Mining Market Outlook, By Phase Type (2016-2026) (US $MN)         
8 Global Asteroid Mining Market Outlook, By Space-Craft Design (2016-2026) (US $MN)         
9 Global Asteroid Mining Market Outlook, By Launch (2016-2026) (US $MN)         
10 Global Asteroid Mining Market Outlook, By Operation (2016-2026) (US $MN)         
11 Global Asteroid Mining Market Outlook, By Application (2016-2026) (US $MN)         
12 Global Asteroid Mining Market Outlook, By Construction (2016-2026) (US $MN)         
13 Global Asteroid Mining Market Outlook, By Resource Harvesting (2016-2026) (US $MN)         
14 Global Asteroid Mining Market Outlook, By 3D Printing (2016-2026) (US $MN)         
15 Global Asteroid Mining Market Outlook, By Extraterrestrial Commodity (2016-2026) (US $MN)         
16 Global Asteroid Mining Market Outlook, By Other Applications (2016-2026) (US $MN)          
17 North America Asteroid Mining Market Outlook, By Country (2016-2026) (US $MN)          
18 North America Asteroid Mining Market Outlook, By Aesteroid Type (2016-2026) (US $MN)         
19 North America Asteroid Mining Market Outlook, By Type C (2016-2026) (US $MN)         
20 North America Asteroid Mining Market Outlook, By Type S (2016-2026) (US $MN)         
21 North America Asteroid Mining Market Outlook, By Type M (2016-2026) (US $MN)         
22 North America Asteroid Mining Market Outlook, By Other Aesteroid Types (2016-2026) (US $MN)         
23 North America Asteroid Mining Market Outlook, By Phase Type (2016-2026) (US $MN)         
24 North America Asteroid Mining Market Outlook, By Space-Craft Design (2016-2026) (US $MN)          
25 North America Asteroid Mining Market Outlook, By Launch (2016-2026) (US $MN)         
26 North America Asteroid Mining Market Outlook, By Operation (2016-2026) (US $MN)         
27 North America Asteroid Mining Market Outlook, By Application (2016-2026) (US $MN)         
28 North America Asteroid Mining Market Outlook, By Construction (2016-2026) (US $MN)         
29 North America Asteroid Mining Market Outlook, By Resource Harvesting (2016-2026) (US $MN)         
30 North America Asteroid Mining Market Outlook, By 3D Printing (2016-2026) (US $MN)         
31 North America Asteroid Mining Market Outlook, By Extraterrestrial Commodity (2016-2026) (US $MN)         
32 North America Asteroid Mining Market Outlook, By Other Applications (2016-2026) (US $MN)         
33 Europe Asteroid Mining Market Outlook, By Country (2016-2026) (US $MN)          
34 Europe Asteroid Mining Market Outlook, By Aesteroid Type (2016-2026) (US $MN)         
35 Europe Asteroid Mining Market Outlook, By Type C (2016-2026) (US $MN)         
36 Europe Asteroid Mining Market Outlook, By Type S (2016-2026) (US $MN)         
37 Europe Asteroid Mining Market Outlook, By Type M (2016-2026) (US $MN)         
38 Europe Asteroid Mining Market Outlook, By Other Aesteroid Types (2016-2026) (US $MN)         
39 Europe Asteroid Mining Market Outlook, By Phase Type (2016-2026) (US $MN)         
40 Europe Asteroid Mining Market Outlook, By Space-Craft Design (2016-2026) (US $MN)         
41 Europe Asteroid Mining Market Outlook, By Launch (2016-2026) (US $MN)         
42 Europe Asteroid Mining Market Outlook, By Operation (2016-2026) (US $MN)         
43 Europe Asteroid Mining Market Outlook, By Application (2016-2026) (US $MN)         
44 Europe Asteroid Mining Market Outlook, By Construction (2016-2026) (US $MN)         
45 Europe Asteroid Mining Market Outlook, By Resource Harvesting (2016-2026) (US $MN)         
46 Europe Asteroid Mining Market Outlook, By 3D Printing (2016-2026) (US $MN)         
47 Europe Asteroid Mining Market Outlook, By Extraterrestrial Commodity (2016-2026) (US $MN)         
48 Europe Asteroid Mining Market Outlook, By Other Applications (2016-2026) (US $MN)         
49 Asia Pacific Asteroid Mining Market Outlook, By Country (2016-2026) (US $MN)           
50 Asia Pacific Asteroid Mining Market Outlook, By Aesteroid Type (2016-2026) (US $MN)         
51 Asia Pacific Asteroid Mining Market Outlook, By Type C (2016-2026) (US $MN)         
52 Asia Pacific Asteroid Mining Market Outlook, By Type S (2016-2026) (US $MN)         
53 Asia Pacific Asteroid Mining Market Outlook, By Type M (2016-2026) (US $MN)         
54 Asia Pacific Asteroid Mining Market Outlook, By Other Aesteroid Types (2016-2026) (US $MN)         
55 Asia Pacific Asteroid Mining Market Outlook, By Phase Type (2016-2026) (US $MN)         
56 Asia Pacific Asteroid Mining Market Outlook, By Space-Craft Design (2016-2026) (US $MN)         
57 Asia Pacific Asteroid Mining Market Outlook, By Launch (2016-2026) (US $MN)         
58 Asia Pacific Asteroid Mining Market Outlook, By Operation (2016-2026) (US $MN)         
59 Asia Pacific Asteroid Mining Market Outlook, By Application (2016-2026) (US $MN)         
60 Asia Pacific Asteroid Mining Market Outlook, By Construction (2016-2026) (US $MN)         
61 Asia Pacific Asteroid Mining Market Outlook, By Resource Harvesting (2016-2026) (US $MN)         
62 Asia Pacific Asteroid Mining Market Outlook, By 3D Printing (2016-2026) (US $MN)         
63 Asia Pacific Asteroid Mining Market Outlook, By Extraterrestrial Commodity (2016-2026) (US $MN)         
64 Asia Pacific Asteroid Mining Market Outlook, By Other Applications (2016-2026) (US $MN)         
65 South America Asteroid Mining Market Outlook, By Country (2016-2026) (US $MN)          
66 South America Asteroid Mining Market Outlook, By Aesteroid Type (2016-2026) (US $MN)         
67 South America Asteroid Mining Market Outlook, By Type C (2016-2026) (US $MN)         
68 South America Asteroid Mining Market Outlook, By Type S (2016-2026) (US $MN)         
69 South America Asteroid Mining Market Outlook, By Type M (2016-2026) (US $MN)         
70 South America Asteroid Mining Market Outlook, By Other Aesteroid Types (2016-2026) (US $MN)         
71 South America Asteroid Mining Market Outlook, By Phase Type (2016-2026) (US $MN)         
72 South America Asteroid Mining Market Outlook, By Space-Craft Design (2016-2026) (US $MN)         
73 South America Asteroid Mining Market Outlook, By Launch (2016-2026) (US $MN)         
74 South America Asteroid Mining Market Outlook, By Operation (2016-2026) (US $MN)         
75 South America Asteroid Mining Market Outlook, By Application (2016-2026) (US $MN)         
76 South America Asteroid Mining Market Outlook, By Construction (2016-2026) (US $MN)         
77 South America Asteroid Mining Market Outlook, By Resource Harvesting (2016-2026) (US $MN)         
78 South America Asteroid Mining Market Outlook, By 3D Printing (2016-2026) (US $MN)         
79 South America Asteroid Mining Market Outlook, By Extraterrestrial Commodity (2016-2026) (US $MN)         
80 South America Asteroid Mining Market Outlook, By Other Applications (2016-2026) (US $MN)         
81 Middle East & Africa Asteroid Mining Market Outlook, By Country (2016-2026) (US $MN)          
82 Middle East & Africa Asteroid Mining Market Outlook, By Aesteroid Type (2016-2026) (US $MN)         
83 Middle East & Africa Asteroid Mining Market Outlook, By Type C (2016-2026) (US $MN)         
84 Middle East & Africa Asteroid Mining Market Outlook, By Type S (2016-2026) (US $MN)         
85 Middle East & Africa Asteroid Mining Market Outlook, By Type M (2016-2026) (US $MN)         
86 Middle East & Africa Asteroid Mining Market Outlook, By Other Aesteroid Types (2016-2026) (US $MN)         
87 Middle East & Africa Asteroid Mining Market Outlook, By Phase Type (2016-2026) (US $MN)         
88 Middle East & Africa Asteroid Mining Market Outlook, By Space-Craft Design (2016-2026) (US $MN)         
89 Middle East & Africa Asteroid Mining Market Outlook, By Launch (2016-2026) (US $MN)         
90 Middle East & Africa Asteroid Mining Market Outlook, By Operation (2016-2026) (US $MN)         
91 Middle East & Africa Asteroid Mining Market Outlook, By Application (2016-2026) (US $MN)          
92 Middle East & Africa Asteroid Mining Market Outlook, By Construction (2016-2026) (US $MN)         
93 Middle East & Africa Asteroid Mining Market Outlook, By Resource Harvesting (2016-2026) (US $MN)         
94 Middle East & Africa Asteroid Mining Market Outlook, By 3D Printing (2016-2026) (US $MN)         
95 Middle East & Africa Asteroid Mining Market Outlook, By Extraterrestrial Commodity (2016-2026) (US $MN)         
96 Middle East & Africa Asteroid Mining Market Outlook, By Other Applications (2016-2026) (US $MN)         

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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