Asteroid Mining Global Market Report 2026

Asteroid mining involves the extraction of minerals and other raw materials from small planets and asteroids in space. These asteroids are celestial bodies made of rock and metal that orbit the sun, and they are remnants of collapsed planetary bodies or protoplanets.

The primary types of asteroids targeted for mining are categorized as type C, type S, and type M. A type C asteroid is characterized by its black color and represents more than 75% of all known asteroids. The various phases of asteroid mining encompass spacecraft design, launch, and operational activities. This mining process finds applications in diverse fields such as construction, resource harvesting, and 3D printing.

Tariffs are indirectly impacting the asteroid mining market by increasing costs of imported aerospace components, robotics systems, propulsion technologies, and advanced sensors used in spacecraft design and operations. Space agencies and private operators in North America and Europe are most affected due to reliance on global supply chains, while Asia-Pacific faces higher development costs for export-controlled components. These tariffs are elevating mission budgets and extending development timelines. However, they are also encouraging domestic aerospace manufacturing, localized component development, and strategic investment in national space capabilities.

The asteroid mining market research report is one of a series of new reports from The Business Research Company that provides asteroid mining market statistics, including asteroid mining industry global market size, regional shares, competitors with a asteroid mining market share, detailed asteroid mining market segments, market trends and opportunities, and any further data you may need to thrive in the asteroid mining industry. This asteroid mining market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The asteroid mining market size has grown exponentially in recent years. It will grow from $2.05 billion in 2025 to $2.49 billion in 2026 at a compound annual growth rate (CAGR) of 21.7%. The growth in the historic period can be attributed to advancements in space exploration programs, availability of remote sensing technologies, development of robotic space systems, increasing interest in extraterrestrial resources, growth of private space enterprises.

The asteroid mining market size is expected to see exponential growth in the next few years. It will grow to $5.42 billion in 2030 at a compound annual growth rate (CAGR) of 21.4%. The growth in the forecast period can be attributed to increasing demand for rare space-based materials, rising investments in commercial space missions, expansion of in-orbit manufacturing concepts, growing focus on space sustainability, advancements in autonomous space operations. Major trends in the forecast period include increasing development of autonomous space mining systems, rising investment in space resource exploration, growing use of robotic extraction technologies, expansion of in-space resource processing concepts, enhanced focus on mission cost optimization.

The increasing number of space missions conducted by government agencies and private space companies is expected to boost the growth of the asteroid mining market in the future. A space mission involves launching manned or unmanned vehicles into space to collect scientific data. These missions will facilitate the exploration of potential asteroid mining candidates that contain platinum group metals and will gather crucial data regarding their location, environment, and travel time, aiding in the selection of appropriate asteroids for mining. Consequently, the rise in space missions is likely to elevate the demand for asteroid mining. For instance, the Indian Space Research Organization (ISRO) reported that the global community launched 3,143 objects into space in 2023, marking a 24% increase from the 2,533 objects launched the previous year. Additionally, in March 2024, Our World in Data (OWID), a UK-based scientific publication, noted that 2,664 objects were launched in 2023, exceeding the previous year's record. U.S. agencies and companies were responsible for 2,166 of these launches, accounting for 81% of the global total. Therefore, the increase in space missions by government bodies is driving the growth of the asteroid mining market.

Technological advancements and innovations are emerging as key trends in the asteroid mining market. Leading companies are focusing on developing innovative products to cater to industry demands and enhance their market presence. For example, in October 2023, Asteroid Mining Corporation (AMC), a UK-based privately funded company dedicated to asteroid resource mining, unveiled the SCAR-E (Space Capable Asteroid Robotic Explorer) robot at the Space Economy Summit in Los Angeles. Weighing 20 kilograms and featuring six legs, SCAR-E is engineered for both terrestrial and extraterrestrial applications, showcasing its ability to navigate challenging terrains that conventional wheeled robots cannot. This robot is equipped with cutting-edge technology for material detection and processing, potentially revolutionizing resource acquisition while minimizing the environmental impacts associated with traditional mining methods. SCAR-E is set to aid in asteroid prospecting and lunar exploration, with plans for deployment in the early 2030s.

In October 2024, ispace, Inc., a Japan-based lunar exploration and space resource development company, signed a memorandum of understanding (MoU) with Asteroid Mining Corporation Limited to collaborate on a future mission in which an ispace lunar lander will transport Asteroid Mining Corporation Limited's Space Capable Asteroid Robotic-Explorer (SCAR-E) to the Moon's surface as a technology demonstration for future asteroid mining initiatives. Through this partnership, ispace aims to strengthen its space resource exploration capabilities by incorporating Asteroid Mining Corporation Limited's advanced robotic systems into mission payloads and advancing the technological groundwork for asteroid and lunar resource utilization. Asteroid Mining Corporation Limited is a UK-based space robotics company focused on developing robotic platforms for asteroid and lunar exploration.

Major companies operating in the asteroid mining market are Planetary Resources Inc., Deep Space Industries Inc., Asteroid Mining Corporation Limited, AstroForge Inc., TransAstra Corporation, Origin Space Inc., Karman+ Inc., Shackleton Energy Company, Kepler Energy and Space Engineering, Celestial Mining, Space Resources Inc., Asteroid Initiatives LLC, Asteroid Mining Group, Planetary Space Resources, Interstellar Mining Corporation, Helios Asteroid Mining, Nova Space Mining, ExoAsteroid Resources, Cosmic Mining Corporation, Deep Space Resources Ltd.

North America was the largest region in the asteroid mining market in 2025. The regions covered in the asteroid mining market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the asteroid mining market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The asteroid mining market includes revenues earned by entities by providing mining services used in mineral extraction, transportation, ore refining, and other services such as solar-powered generators and industrial robots. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Asteroid Mining Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses asteroid mining market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for asteroid mining ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The asteroid mining market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Phase: Space-Craft Design; Launch; Operations
• 2) By Asteroid: Type C; Type S; Type M
• 3) By Application: Construction; Resource Harvesting; 3D Printing
• Subsegments:
• 1) By Space-Craft Design: Conceptual Design; Engineering And Prototyping; System Integration
• 2) By Launch: Launch Vehicle Selection; Launch Services; Mission Planning And Coordination
• 3) By Operations: Mining Operations; Resource Processing; Data Collection And Analysis; Transportation Of Resources
• Companies Mentioned: Planetary Resources Inc.; Deep Space Industries Inc.; Asteroid Mining Corporation Limited; AstroForge Inc.; TransAstra Corporation; Origin Space Inc.; Karman+ Inc.; Shackleton Energy Company; Kepler Energy and Space Engineering; Celestial Mining; Space Resources Inc.; Asteroid Initiatives LLC; Asteroid Mining Group; Planetary Space Resources; Interstellar Mining Corporation; Helios Asteroid Mining; Nova Space Mining; ExoAsteroid Resources; Cosmic Mining Corporation; Deep Space Resources Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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