Edison, NJ -- (SBWIRE) -- 03/05/2019 -- Space mining refers to exploitation of raw materials from numerous near earth objects and asteroid. These minerals can be used for space construction purpose and be brought to earth for use. Out of all the asteroid, C type Asteroid is dominating the space mining market owing to their composition involves a large quantity of carbon, minerals, and rocks. Further, technological development regarding automated mining techniques such as robotics mining and in-situ resource utilization creating lucrative opportunities for the companies involved in space mining operations as the recent launch of SpaceX's Falcon Heavy prove to cause disruption and will make the space mining a reality anytime soon.

This market research report looks into and analyzes the Global Space Mining Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.

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Major Key Players in This Report Include,
Deep Space Industries (United States) , Planetary Resources (United States) , Moon Express (United States) , I Space (Japan) , Asteroid Mining Corporation (United Kingdom) , Shackleton Energy Company (United States) , Kleos Space (Luxembourg) , Trans Astra (United States) , Off World (United States) , SpaceLab (United States) , National Aeronautics and Space Administration (United States) and European Space Agency (France)

Space mining market is concentrated owing to the number of companies present in the market. Some of the major companies are National Aeronautics and Space Administration, Deep Space Industries, Planetary Resources, and others. Market leaders are focusing on technological development such as automated mining tools, in-situ resource utilization, robotic and automated factories for space exploration.

The market study is being classified by Type (Surface mining , Shaft mining , Magnetic rakes , Heating , Mond process and Self-replicating machines), by Application (Extraterrestrial Commodity , Construction , Human Life Sustainability and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico)

Space industry is undergoing profound transformation and the national budgets of various countries have begun to squeeze and are more dependent on the private sector, it is observed that many countries want the private sector to indulge in space activities. The market growth is attributed to the rise in government initiatives to frame laws for space exploration activities, increased investment of private players in space mining companies, such as DSI and Planetary resources, and growth in numbers of missions to asteroids by NASA and private players. The US government updated US commercial space legislation with the passage of the Spurring Private Aerospace Competitiveness and Entrepreneurship (SPACE) Act of 2015 (also known as Commercial Space Launch Competitiveness Act) in November 2015

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The Global Space Mining Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.

Table of Content
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Government Initiatives for Space Exploration Activities
3.2.2. Increasing Space Mining Operations in Developed Economies
3.3. Market Challenges
3.3.1. Space Mining Creating Adverse Effect on Environment
3.4. Market Trends
3.4.1. Growing Automated Techniques Such As Robotic Mining for Space Mining
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global Space Mining, by Type, Application, Phase, Type of Asteroid, Types of Commodity Resources, Distance from Earth and Region (value) (2013-2018)

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