Global S-Type Silicaceous Asteroids Mining Market Growth (Status and Outlook) 2024-2030

Global S-Type Silicaceous Asteroids Mining Market Growth (Status and Outlook) 2024-2030

Asteroid mining is a concept that involves the extraction of useful materials from asteroids and near-earth objects, which are useful for propulsion, construction, life support, agriculture, metallurgy, and precious and strategic metals. Volatiles such as hydrogen and methane could be used to produce rocket fuel for transporting spacecraft between the Earth and near-earth objects. Rare-earth metals, such as thulium, scandium, and holmium could be used to manufacture materials as well as solar panels which could be used to power habitats in space. These solar-powered cells could also be used to provide electricity for its inhabitants with satellites specifically designed for this purpose. Iron, nickel and cobalt would serve as fundamental raw materials for building space factories. Precious metals such as platinum, platinum-group metals (PGMs), and gold are also useful. A handful of companies, emerging and existing, will require materials with a high level of purity in large quantities, all of which are readily available in asteroids.

The global S-Type Silicaceous Asteroids Mining market size is projected to grow from US$ 295 million in 2024 to US$ 924 million in 2030; it is expected to grow at a CAGR of 21.0% from 2024 to 2030.

LPI (LP Information)' newest research report, the “S-Type Silicaceous Asteroids Mining Industry Forecast” looks at past sales and reviews total world S-Type Silicaceous Asteroids Mining sales in 2022, providing a comprehensive analysis by region and market sector of projected S-Type Silicaceous Asteroids Mining sales for 2023 through 2029. With S-Type Silicaceous Asteroids Mining sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world S-Type Silicaceous Asteroids Mining industry.

This Insight Report provides a comprehensive analysis of the global S-Type Silicaceous Asteroids Mining landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on S-Type Silicaceous Asteroids Mining portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global S-Type Silicaceous Asteroids Mining market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for S-Type Silicaceous Asteroids Mining and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global S-Type Silicaceous Asteroids Mining.

United States market for S-Type Silicaceous Asteroids Mining is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for S-Type Silicaceous Asteroids Mining is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for S-Type Silicaceous Asteroids Mining is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key S-Type Silicaceous Asteroids Mining players cover ConsenSys, Bradford Space, Moon Express, Ispace, Asteroid Mining Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of S-Type Silicaceous Asteroids Mining market by product type, application, key players and key regions and countries.

Segmentation by Type:
Magnesium Silicate
Iron
Others

Segmentation by Application:
Fuel
Construction
3D Printer
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Magnesium Silicate
Iron
Others

Segmentation by Application:
Fuel
Construction
3D Printer
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ConsenSys
Bradford Space
Moon Express
Ispace
Asteroid Mining Corporation
Trans Astronautica Corporation
OffWorld
SpaceFab
Boeing
Northrop Grumman Corporation

Please note: The report will take approximately 2 business days to prepare and deliver.