Space Mining Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Japan, Russia, UK - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 147 SKU: IRTNTR77736

Space Mining Market Forecast 2024-2028

The space mining market size is projected to increase by USD 2.36 billion, at a CAGR of 16.15% between 2023 and 2028. 

Market growth hinges on factors like the rise in space missions, government backing for space mining, and the significant costs linked with space mining endeavors. As space exploration expands and governments invest in space mining initiatives, the market anticipates growth. However, the substantial expenses involved in space mining activities pose challenges despite the opportunities presented by increased space missions and governmental support.

What will be the Size of the Market During the Forecast Period?

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Market Segment 

Type Insights

The type C segment is estimated to witness significant growth during the forecast period. A type C (Chondrite) is a form of uncommon stony meteorite that is rich in organic molecules, particularly amino acids and includes significant amounts of the minerals serpentine and olivine, which are rich in magnesium. Less than 100 carbonaceous chondrites are known, but despite this, they tell a significant deal about the beginnings of the Sun, planets, and even life itself.

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The type C segment was the largest segment and was valued at USD 707.00 million in 2018. Chondrites also contain significant amounts of carbon, silicates, oxides, and sulfides. Different groups of chondrites that came from parent bodies in different parts of the solar nebula have been identified. These asteroids contain metals, water, and carbon compounds all in one. They would be very advantageous to mine. Thus, increasing mining for type C segment will drive the growth of the market during the forecast period.

Technology Insights 

The spacecraft design segment will account for the largest share of this segment.? A spacecraft, designed for space travel, serves multiple purposes such as transportation, communication, earth observation, and space exploration. Equipped with instruments like radiometers, spectrometers, and cameras, it also features altitude control and power systems tailored to its mission. Robust design is essential to withstand space's challenging conditions like microgravity. For instance, NASA's Psyche mission aims to explore a metal-rock asteroid, showcasing advancements in spacecraft technology. Such projects, including hardware manufacturing and mission planning, drive growth in the market.

Market Regional Insights

North America Region

North America is estimated to contribute 59% to the growth of the global market during the forecast period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period.

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North America holds a major share of the market due to the expansion of the domestic and commercial space mining business and the adoption of cutting-edge technology in the region. North America's largest market share belongs to the US. This is primarily because of the upcoming space exploration and mining missions by NASA and leading players in this region, including Moon Express, ispace, Asteroid Mining, and others). The US government engages in a variety of space-related initiatives. With the passing of the Spurring Private Aerospace Competitiveness and Entrepreneurship (SPACE) Act (also known as the Commercial Space Launch Competitiveness Act) in November 2015, the US government revised its commercial space legislation. Thus, such government initiatives will drive the growth of the mining market during the forecast period.

Market Dynamics

The space mining market is poised to revolutionize access to valuable raw materials by tapping into asteroids and minor planets rich in precious minerals like platinum, gold, silver, nickel, and aluminum. Particularly abundant in C-type asteroids, these celestial bodies also hold crucial water resources essential for rocket propellant and sustaining life in space. Driven by private stakeholders and government initiatives, advancements in 3D printing technology and spacecraft enable efficient resource harvesting through in-situ resource utilization. As regulations evolve, missions to asteroids promise novel applications in construction and beyond, marking a significant milestone in space exploration.

Key Driver

An increase in space missions is the key factor driving the market. The human population has increased dramatically over the past century, from around 1.5 billion to more than 7 billion, fueling an ever-increasing demand for resources. If financial and technological barriers can be overcome, space can be used as a source of scarce elements like minerals, platinum, gold, silver, nickel, and aluminum. It is anticipated that innovations and technological advancements will lower the cost of mining asteroids during the forecast period.

Additionally, highly regarded space mining and economics programs exist in China and Japan due to government initiatives. Furthermore, key players have been making plans for space mining. Thus, such ongoing and future projects and missions on space technologies will drive the growth of the market during the forecast period. Additionally, advancements in 3D printing technology and spacecraft design are expected to revolutionize the resource harvesting process from asteroids, enabling efficient resource extraction and utilization.

Key Trends

Increasing government support for space mining is the primary trend shaping the market. The space economy is being developed at a rapid rate across various nations such as the US, India, Russia, China, and others. The US Departments of State and Commerce have implemented reforms to loosen the satellite export restriction system. Additionally, NASA sponsors competitions and offers technical support for the creation of cutting-edge technologies, such as 3D printing, space solar power, and electric propulsion, that promote the expansion of space mining, which benefits different space entrepreneurs and their commercial ventures.

Furthermore, with an increase in the global population, there is a rise in the demand for the planet's finite resources. Due to this, a number of governments and commercial companies have turned their attention to space in search of various resources, which is expected to drive the market during the forecast period.

Key Restraints

High costs associated with space mining is the major challenge impeding the market expansion. Metals that are currently extracted from the earth are present on celestial bodies, such as the moon and asteroids. In September 2020, to start moon mining, NASA announced that it would pay up to USD 25,000 for around a pound of the lunar surface. Additionally, it may cost USD 492 million to capture pieces of near-earth asteroids, which are the focus of companies that are now developing programs to start mining in space.

Furthermore, compared with their size and expense, complicated projects and asteroid research missions only produce a modest amount of material. Governmental funding or private investments may be used to support these kinds of ventures. Thus, these factors will limit the growth of the market during the forecast period.

Who are the Major Market Companies?

Companies are implementing various market trends and analysis strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market and result in market growth analysis.

  • Asteroid Mining Corp. Ltd. The company offers space mining systems such as Space Capable Asteroid Robotic Explorer a novel climbing robotic platform that allows targeted sampling and operations in microgravity environments.

The  market  growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Astro Forge, Blue Origin Enterprises LP, Dereum Labs, European Space Agency, Helios Project Ltd., Ispace inc., Karman, Kleos Space S.A., Lunar Outpost Inc, Meraki Space Systems, Moon Express, OffWorld Inc., SpaceFab.US, Trans Astronautica Corp., and Turion Space

The market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Global Market Customer Landscape

Market Analyst Overview:

The market is a burgeoning industry attracting attention from space mining companies like Asteroid Mining Corporation, Deep Space Industries, and Planetary Resources. With market segmentation based on asteroid type such as Type S and Type M, companies are exploring opportunities from a geographical standpoint, collaborating with agencies like NASA, China National Space Administration, and Japan Aerospace Exploration Agency. Key insights derived from research methodology involving commodity resources assessments and mission cost evaluations sourced from government sources and JPL (NASA) contribute to strategic decision-making.

Moreover, associations like the B612 Foundation and Asterank foster collaboration and innovation within the industry. Furthermore, The market is rapidly evolving with the involvement of key players such as the National Aeronautics and Space Administration (NASA), the Russian Federal Space Agency, and private entities like Shackleton Energy Company and Trans Astronautica Corporation. Leveraging ice water as a valuable resource, companies are exploring opportunities with insights from secondary sources to drive innovation and sustainable growth in space exploration and resource extraction.

Market Scope

Report Coverage

Details

Page number

147

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 16.15%

Market Growth 2024-2028

USD 2.36 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

15.67

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 59%

Key countries

US, China, Japan, Russia, and UK

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Asteroid Mining Corp. Ltd., Astro Forge, Blue Origin Enterprises LP, Dereum Labs, European Space Agency, Helios Project Ltd., Ispace inc., Karman, Kleos Space S.A., Lunar Outpost Inc, Meraki Space Systems, Moon Express, OffWorld Inc., SpaceFab.US, Trans Astronautica Corp., and Turion Space

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global space mining market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global space mining market 2018 - 2022 ($ million)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.3 Technology Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Technology Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Type C - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Type C - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Type C - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Type C - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Type C - Year-over-year growth 2023-2028 (%)
    • 6.4 Type M - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Type M - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Type M - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Type M - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Type M - Year-over-year growth 2023-2028 (%)
    • 6.5 Type S - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Type S - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Type S - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Type S - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Type S - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 46: Market opportunity by Type ($ million)
      • Exhibit 47: Data Table on Market opportunity by Type ($ million)

    7 Market Segmentation by Technology

    • 7.1 Market segments
      • Exhibit 48: Chart on Technology - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Technology - Market share 2023-2028 (%)
    • 7.2 Comparison by Technology
      • Exhibit 50: Chart on Comparison by Technology
      • Exhibit 51: Data Table on Comparison by Technology
    • 7.3 Spacecraft design - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Spacecraft design - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Spacecraft design - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Spacecraft design - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Spacecraft design - Year-over-year growth 2023-2028 (%)
    • 7.4 Launch - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Launch - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Launch - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Launch - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Launch - Year-over-year growth 2023-2028 (%)
    • 7.5 Operation - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Operation - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Operation - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Operation - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Operation - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Technology
      • Exhibit 64: Market opportunity by Technology ($ million)
      • Exhibit 65: Data Table on Market opportunity by Technology ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 Russia - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Russia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on Russia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on Russia - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Russia - Year-over-year growth 2023-2028 (%)
    • 9.10 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Asteroid Mining Corp. Ltd.
              • Exhibit 119: Asteroid Mining Corp. Ltd. - Overview
              • Exhibit 120: Asteroid Mining Corp. Ltd. - Product / Service
              • Exhibit 121: Asteroid Mining Corp. Ltd. - Key offerings
            • 12.4 Astro Forge
              • Exhibit 122: Astro Forge - Overview
              • Exhibit 123: Astro Forge - Product / Service
              • Exhibit 124: Astro Forge - Key offerings
            • 12.5 Blue Origin Enterprises LP
              • Exhibit 125: Blue Origin Enterprises LP - Overview
              • Exhibit 126: Blue Origin Enterprises LP - Product / Service
              • Exhibit 127: Blue Origin Enterprises LP - Key offerings
            • 12.6 Dereum Labs
              • Exhibit 128: Dereum Labs - Overview
              • Exhibit 129: Dereum Labs - Product / Service
              • Exhibit 130: Dereum Labs - Key offerings
            • 12.7 European Space Agency
              • Exhibit 131: European Space Agency - Overview
              • Exhibit 132: European Space Agency - Product / Service
              • Exhibit 133: European Space Agency - Key offerings
            • 12.8 Helios Project Ltd.
              • Exhibit 134: Helios Project Ltd. - Overview
              • Exhibit 135: Helios Project Ltd. - Product / Service
              • Exhibit 136: Helios Project Ltd. - Key offerings
            • 12.9 Ispace inc.
              • Exhibit 137: Ispace inc. - Overview
              • Exhibit 138: Ispace inc. - Product / Service
              • Exhibit 139: Ispace inc. - Key offerings
            • 12.10 Karman
              • Exhibit 140: Karman - Overview
              • Exhibit 141: Karman - Product / Service
              • Exhibit 142: Karman - Key offerings
            • 12.11 Kleos Space S.A.
              • Exhibit 143: Kleos Space S.A. - Overview
              • Exhibit 144: Kleos Space S.A. - Product / Service
              • Exhibit 145: Kleos Space S.A. - Key offerings
            • 12.12 Lunar Outpost Inc
              • Exhibit 146: Lunar Outpost Inc - Overview
              • Exhibit 147: Lunar Outpost Inc - Product / Service
              • Exhibit 148: Lunar Outpost Inc - Key offerings
            • 12.13 Meraki Space Systems
              • Exhibit 149: Meraki Space Systems - Overview
              • Exhibit 150: Meraki Space Systems - Key offerings
            • 12.14 Moon Express
              • Exhibit 151: Moon Express - Overview
              • Exhibit 152: Moon Express - Product / Service
              • Exhibit 153: Moon Express - Key offerings
            • 12.15 OffWorld Inc.
              • Exhibit 154: OffWorld Inc. - Overview
              • Exhibit 155: OffWorld Inc. - Product / Service
              • Exhibit 156: OffWorld Inc. - Key offerings
            • 12.16 SpaceFab.US
              • Exhibit 157: SpaceFab.US - Overview
              • Exhibit 158: SpaceFab.US - Product / Service
              • Exhibit 159: SpaceFab.US - Key offerings
            • 12.17 Trans Astronautica Corp.
              • Exhibit 160: Trans Astronautica Corp. - Overview
              • Exhibit 161: Trans Astronautica Corp. - Product / Service
              • Exhibit 162: Trans Astronautica Corp. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 163: Inclusions checklist
                • Exhibit 164: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 165: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 166: Research methodology
                • Exhibit 167: Validation techniques employed for market sizing
                • Exhibit 168: Information sources
              • 13.5 List of abbreviations
                • Exhibit 169: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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