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Follow on Google News | The Future of the Space Mining Market Growth, And Research Report BreakdownSpace Mining Market by Phase (Spacecraft Design, Launch, and Operation), Type of Asteroid (C-Type, M-Type, S-Type), Application
By: MarketsandMarkets The spacecraft design segment to dominate the space mining market, based on phase, during the forecast period A spacecraft is mainly used for various purposes, such as communications, earth observation, meteorology, navigation, space colonization, planetary exploration, and transportation of humans and cargo. The design of the spacecraft has vital importance as the spacecraft has to sustain in critical or extreme conditions in space, such as microgravity. The spacecraft design segment accounts for a major market share as the spacecraft consists of a number of components, such as spacecraft instruments, altitude control systems, and electric power systems. C-type asteroids to dominate the space mining market in the near future Type C asteroids are carbonaceous asteroids, and the surfaces of these asteroids are almost coal-black. These asteroids contain large quantities of carbon molecules, and more usual rocks and metals. These meteorites are chippings, smashed off during collisions between asteroids. These asteroids are dark with an albedo of 0.03–0.09. As C-type asteroids contain large amounts of ice-water, many missions are likely to target C-type asteroids. For instance, JAXA's DESTINY mission is expected to be launched in 2022, which would be targeting asteroid Phaethon a C-type asteroid. Inquiry Before Buying @ https://www.marketsandmarkets.com/ Major players and space agencies in the space mining market include Deep Space Industries (US); Planetary Resources (US); Moon Express (US); ispace (Japan); Asteroid Mining Corporation (UK); Shackleton Energy Company (SEC, US); Kleos Space (Luxembourg); End
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