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According to the Foreclaro Global Research, the
Global
Space Mining Market size was valued at USD 862.5 million in 2024. The report “Global Space
Mining Market Segmentation By Target Body (Asteroids, Moon, Mars),
By Resource (Water/Ice, Metals, Others), By Application (Propellant, Manufacturing,
Research)- Industry
Trends and Forecast to 2033” gives a detailed insight into current market dynamics and provides
analysis on future market growth.
The global space mining market is an emerging
and highly futuristic industry focused on the exploration and extraction of
valuable resources from celestial bodies such as asteroids, the Moon, and Mars.
Driven by the increasing demand for rare earth metals, water, and other
critical materials, space mining is gaining attention as a potential solution
to resource scarcity on Earth. Technological advancements in robotics,
artificial intelligence, spacecraft propulsion, and remote sensing are making
space exploration and resource utilization more feasible. Governments and
private space companies are actively investing in research, pilot missions, and
partnerships to accelerate commercialization. Water extracted from space is
expected to support in-orbit fuel production and life-support systems, reducing
the cost of deep-space missions. Although the market is still in its early
stages and faces regulatory, technical, and economic uncertainties, growing
interest in sustainable space exploration and long-term interplanetary missions
positions space mining as a transformative opportunity for the future global
economy.
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Global Space
Mining Market Report Highlights
· The
market is at an early developmental stage, driven by growing interest in
utilizing extraterrestrial resources to support long-term space exploration and
reduce dependence on Earth-based materials.
· Increasing
investments by private space companies and government space agencies are
accelerating research, technology development, and pilot missions for space
resource extraction.
· Asteroids
represent the most attractive target body due to their high concentration of
metals and relatively lower mission complexity compared to deep planetary
exploration.
· Water
and ice resources are gaining strong focus for in-space propellant production
and life-support systems, supporting sustainable space missions.
· Advancements
in robotics, AI, autonomous systems, and spacecraft technologies are improving
the feasibility of space mining operations.
· Despite
strong long-term potential, market growth is challenged by high costs,
technical uncertainties, and the absence of clear international regulatory
frameworks.
Foreclaro
Global Research has segmented the Space Mining Market report based on Target
Body, Resource, Application and region:
Space
Mining Market, Target Body Outlook (Revenue - USD Million, 2020 - 2033)
Asteroids
Moon
Mars
Space
Mining Market, Resource Outlook (Revenue - USD Million, 2020 - 2033)
Water/Ice
Metals
Others
Space
Mining Market, Application Outlook (Revenue - USD Million, 2020 - 2033)
Propellant
Manufacturing
Research
Space
Mining Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Space Mining Market Key Players
·
Asteroid Mining Corporation
·
Deep Space Resources
·
European Space Agency
·
ispace
·
Moon Express
·
Offworld
·
Planetary Resources
·
Spacefab US
·
Transastra
