North America Leads in Space Mining Market; Type C Asteroids and Platinum Group Materials Dominate Targets

In 2020, North America held the largest share of the global space mining market, accounting for around 51.11% due to increased government and private sector investment.

Type C (Chondrite) asteroids were the most targeted, comprising about 56.51% of the market share. These asteroids make up over 75% of all known asteroids, making them the most common focus of space mining missions.

The spacecraft design segment accounted for 45.87% of the market, emphasizing its critical role in mission success.

Platinum group materials were the primary mining targets, making up 34.73% of the market.