Space Mining Market Rapidly Gaining Traction in Key Business Segments

Source: openPR.com | Original Published At: 2025-04-25 18:45:35 UTC

Key Points

• Projected CAGR of 21.95% for the Space Mining market (2025-2030)
• Key players: Deep Space Industries, Planetary Resources, Moon Express, I Space, and others
• Market drivers: Demand for rare minerals; Challenges: High costs and financial risks
• Segmented by mining type (e.g., Surface mining, Self-replicating machines) and application
• Geographical coverage: North America, Europe, Asia-Pacific, MEA, South America

According to HTF Market Intelligence, the Global Space Mining market to witness a CAGR of 21.95% during the forecast period (2025-2030). The report assesses future growth potential and provides strategic insights for decision-makers. Key players 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), and Trans Astra.

Space mining involves extracting resources from celestial bodies for space missions, habitation, and Earth-based commercial use. Market drivers include increasing demand for rare minerals on Earth, while challenges involve high costs and financial risks. Geographical analysis covers North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

The report segments the market by type (Surface mining, Shaft mining, Magnetic rakes, Heating, Mond process, Self-replicating machines) and application (Extraterrestrial Commodity, Construction, Human Life Sustainability, Others). It also highlights technological developments, regional growth trends, and strategic initiatives by leading companies.