Global Space Mining Market 2019 Future of Wealth, Emerging Companies, Business Planning, Various Segments, Resources, Technology, Space Agencies and Geographical-Analysis 2038

Space Mining Market provides deep analysis of Current Industry Status and future prospects with scrutiny of industry data, company information, sales, cost, margin and regional overview, this will help lender for investing in this sector.

Dallas, United States - September 11, 2019 /MarketersMedia/ —

Market Overview
The space mining market is projected to register a CAGR of more than 20% during the forecast period, 2019 - 2038.
Government initiatives, like the Commercial Space Launch Competitiveness Act and the Luxembourg space mining law, which were passed as part of the Space Resources initiative have been the key driving factors for the market during the forecast period.
Growing investments in the space mining sector and the reduction in space launching costs are expected to propel the market growth in the years to come.
However, difficulties, like the high costs involved and the lack of technological progress are the restraining factors for the market currently.

Get more insights at @ https://www.orbisresearch.com/contacts/request-sample/3586265

Government Initiatives to Help the Growth of the Market
Government initiatives are currently helping the growth of the market. The Commercial Space Launch Competitiveness Act, enacted by the United States in 2015, had encouraged private companies to undertake mining work beyond Earth. Additionally, the Luxembourg space mining law, which is passed as part of the SpaceResources initiative in 2017, aims to relax restrictions on private companies’ mining operations beyond Earth. Such initiatives have been the key driving factors for the market. After the Luxembourg initiative, more global powers were involved in Luxembourg’s space mining framework. In March 2019, Luxembourg held talks with Russia over a new treaty for the space mining. Thus, the space mining industry is expected to attract more enthusiastic countries in the future, due to the government initiatives.

Competitive Landscape
Bradford Space Group, Planetary Resources, Moon Express, Ispace, and Asteroid Mining Corporation Limited are some of the prominent players continuing their research in the market. The market is in its nascent stage, with most of the progress expected to come in the next decade. Strategic acquisitions and partnerships may help the players to enhance their technological capabilities. In October 2018, Planetary Resources, a pioneer in the asteroid mining industry, was acquired by ConsenSys, a Brooklyn-based blockchain company. Moreover, in January 2019, Bradford Space, a US-owned space systems manufacturer with locations in the Netherlands and Sweden, announced that it has acquired Deep Space Industries Inc. Such acquisitions are expected to further consolidate the market.

Browse Report @ https://www.orbisresearch.com/reports/index/space-mining-market-growth-trends-and-forecast-2019-2038

North America is Expected to Hold the Largest Market Share in the Forecast Period
North America is expected to be the dominant market for space mining in the years to come. Currently, the United States is investing huge amounts in the space mining industry. NASA's OSIRIS-REx traveled to a near-Earth asteroid called Bennu and may bring a small sample back to Earth for study. The mission was launched in September 2016. After traveling through space for more than 2 years, NASA's OSIRIS-REx spacecraft arrived in December 2018 at its destination, asteroid Bennu. As planned, the spacecraft is expected to return a sample to Earth in 2023. Additionally, in October 2018, Deltion Innovations, a Canadian company focused on developing mining technologies and robotics for the resource sector, and announced its partnership with Moon Express, the first American private space exploration firm to have been granted government permission to travel beyond Earth's orbit. The companies may work together for collecting, processing, storing, and using materials found in celestial bodies. Such developments are expected to drive the growth of the market in the region during the forecast period.

Table Of Contents:
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 PESTLE Analysis
5 MARKET SEGMENTATION
5.1 Geography
5.1.1 North America
5.1.2 Europe
5.1.3 Asia-Pacific
5.1.4 Rest of World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Bradford Space Group
6.1.2 Planetary Resources
6.1.3 Moon Express
6.1.4 Ispace
6.1.5 Asteroid Mining Corporation Limited
6.1.6 Shackleton Energy Company (SEC)
6.1.7 TransAstra Corporation
6.1.8 Offworld
7 MARKET OPPORTUNITIES AND FUTURE TRENDS

Enquire before buying @ https://www.orbisresearch.com/contacts/enquiry-before-buying/3586265

About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Info:
Name: Hector Costello
Email: Send Email
Organization: Orbis Research
Website: https://www.orbisresearch.com/reports/index/space-mining-market-growth-trends-and-forecast-2019-2038

Source URL: https://marketersmedia.com/global-space-mining-market-2019-future-of-wealth-emerging-companies-business-planning-various-segments-resources-technology-space-agencies-and-geographical-analysis-2038/88917858

Source: MarketersMedia

Release ID: 88917858

More News From digitalpressnetwork.com

Putin engineers shakeup that could keep him in power longer

Feb 23, 2020

MOSCOW — President Vladimir Putin engineered a surprise shakeup of Russia's leadership Wednesday, proposing changes to the constitution that could keep him in power well past the end of his term in 2024. Prime Minister Dmitry Medvedev resigned his post after Putin announced the proposed constitutional amendments. Putin kept his longtime ally in the Kremlin's leadership structure, appointing him to the newly created post of deputy head of the presidential Security Council. The shakeup sent shock waves through Russia's political elites who were left pondering what Putin's intentions were and speculating about future Cabinet appointments. Putin’s proposed constitutional reforms, announced...

Student shot at Texas high school; suspect still at large

Feb 23, 2020

BELLAIRE, Texas — A student was shot Tuesday at a high school in Texas and a suspect remained at large, local officials said. Emergency crews were seen performing CPR as the student was carried on a stretcher to an ambulance outside Bellaire High School, KPRC-TV reports. There were conflicting media reports about whether the shooting happened inside or outside the school. The city, a suburb south west of Houston, confirmed on Twitter that there was a shooting and said the suspect is still at large. It advised resident to avoid the area around the school or remain in their homes....

Dem senator says he has 51 votes to restrain Trump on Iran

Feb 23, 2020

WASHINGTON — A Democratic senator said Tuesday he has at least 51 votes to support a bipartisan resolution asserting that President Donald Trump must seek approval from Congress before engaging in further military action against Iran. Sen. Tim Kaine of Virginia said the Senate could vote as soon as next week on the measure, which is co-sponsored by two Republican senators and has support from at least two more Republicans. Republican Sens. Mike Lee of Utah and Rand Paul of Kentucky have co-sponsored the measure, and GOP Sens. Todd Young of Indiana and Susan Collins of Maine said Tuesday they...

Oturu scores 30 as Minnesota beats No. 19 Michigan 75-67

Feb 23, 2020

MINNEAPOLIS — Daniel Oturu shook off an injury and had a career game to help Minnesota take down another ranked opponent. Oturu scored a career-high 30 points and the Gophers went on a late 11-0 run to beat No. 19 Michigan 75-67 on Sunday. The sophomore center had 20 points in a dominant first half, and he continued his roll with six quick points after the break. But with 14:35 remaining, he hit the deck hard while fighting for a rebound. He stayed on the floor for nearly five minutes, clutching his left shoulder as a hush fell over the...

Madrid beats Atlético in shootout, wins Spanish Super Cup

Feb 23, 2020

JEDDAH, Saudi Arabia — Real Madrid beat Atlético Madrid in a penalty shootout on Sunday to win the first edition of the new-look Spanish Super Cup that was held in Saudi Arabia despite criticism from human rights groups. Madrid won the shootout 4-1 after the final ended 0-0 after extra time. Dani Carvajal, Rodrygo, Luka Modric and Sergio Ramos all converted their spot kicks for Madrid. Atlético’s Saul Ñíguez missed his first penalty and Madrid goalkeeper Thibaut Courtois blocked the second attempt by Thomas Partey. Kieran Trippier converted for Atlético. “I had studied their penalty-takers before,” Courtois said. “I knew...

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH