In-Situ Resource Utilization (ISRU) Market Report 2025

The in-situ resource utilization (ISRU) market size has grown rapidly in recent years. It will grow from $1.83 billion in 2024 to $2.18 billion in 2025 at a compound annual growth rate (CAGR) of 19.6%. The growth during the historic period was driven by expanding governmental space exploration programs, heightened international competition in space missions, rising investments in lunar and planetary missions, increased focus on long-duration human spaceflight, and greater efforts to reduce mission costs.

The in-situ resource utilization (ISRU) market size is expected to see rapid growth in the next few years. It will grow to $4.41 billion in 2029 at a compound annual growth rate (CAGR) of 19.2%. The growth expected in the forecast period is driven by an increasing focus on establishing permanent lunar and Martian habitats, growing interest in asteroid mining, a stronger emphasis on reducing dependency on Earth-to-space launches, the rising strategic importance of space-based infrastructure, and expanding global participation in deep-space exploration initiatives. Key trends during this period include advancements in additive manufacturing techniques for space applications, development of autonomous robotic systems for resource extraction, improvements in in-situ three-dimensional (3D) printing capabilities for habitat construction, enhancement of closed-loop life support systems, and integration of artificial intelligence for resource mapping and utilization.

The growing investments in space exploration are expected to drive the expansion of the in-situ resource utilization (ISRU) market in the coming years. Space exploration involves the study and investigation of outer space using astronomy, satellites, spacecraft, and human missions beyond Earth. The rise in investments is largely motivated by economic opportunities, as both governments and private companies seek to benefit from ventures such as satellite services, space tourism, asteroid mining, and the commercialization of new space technologies. Increased funding in space exploration accelerates the advancement of ISRU technologies by supporting research and infrastructure that enable the extraction and utilization of local resources, such as lunar ice and Martian soil, for producing fuel, water, and construction materials. For example, in June 2024, the Ministry of Foreign Affairs and Trade reported that the UK committed about USD 12.5 billion (£10 billion) to space programs over a ten-year period beginning in 2023, with approximately USD 3.75 billion (£3 billion) designated in the 2023 spending review. As a result, rising investments in space exploration are contributing significantly to the growth of the ISRU market.

The increasing availability of commercial ride-share launch services is anticipated to drive the growth of the in-situ resource utilization (ISRU) market in the years ahead. Commercial ride-share launch services involve missions where multiple payloads from different customers are launched together on a single rocket, helping to lower costs and expand access to space. The expansion of these services provides more affordable and flexible transportation options, making space more accessible for a wider range of stakeholders. ISRU supports ride-share launch services by reducing reliance on Earth-supplied propellants through the on-site production of fuel and resources, which helps lower launch costs and enhances operational flexibility. For example, in September 2022, the Government Accountability Office, a U.S.-based government agency, reported that as of spring 2022, nearly 5,500 active satellites were in orbit, with projections indicating an additional 58,000 could be launched by 2030. This growing availability of commercial ride-share launch services is therefore contributing to the expansion of the ISRU market.

In July 2023, the National Aeronautics and Space Administration (NASA), a U.S.-based government agency, partnered with Blue Origin to create an autonomous system capable of converting lunar regolith into solar power, power transmission cables, and oxygen. Through this collaboration, NASA and Blue Origin are working to develop and demonstrate Blue Alchemist, a system designed to transform lunar regolith into solar-power infrastructure, transmission lines, and oxygen, supporting sustainable in-situ resource utilization on the Moon. Blue Origin Enterprises L.P., a U.S.-based space technology company, specializes in reusable rocket launch systems, spacecraft, and advanced technologies for both space exploration and commercial spaceflight.

Major players in the in-situ resource utilization (isru) market are Airbus SE, Northrop Grumman Corporation, Space Exploration Technologies Corp., Blue Origin L.P., Hanwha Systems Co. Ltd., Sierra Nevada Corporation, European Space Agency, China National Space Administration, Fleet Space Technologies Pty Ltd., Honeybee Robotics Ltd., Astrobotic Technology Inc., Paragon Space Development Corporation, Astronika Sp. z o.o., OffWorld Inc., ispace Inc., Masten Space Systems Inc., Lunar Resources Company, TransAstra Corporation, Maana Electric S.A., High Frontier Mining Corporation.

North America was the largest region in the in-situ resource utilization (ISRU) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in in-situ resource utilization (ISRU) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the in-situ resource utilization (ISRU) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

In-situ resource utilization (ISRU) involves identifying, extracting, processing, and converting locally available resources in extraterrestrial environments into usable materials and consumables. This approach reduces dependence on supplies transported from Earth and supports more sustainable and efficient space exploration and habitation. Its use is essential for enabling long-duration missions, lowering logistical costs, and ensuring the long-term presence of humans and robots beyond Earth.

The main product types in in-situ resource utilization (ISRU) are resources and technologies. Resources consist of materials obtained from celestial bodies, such as soil, gases, and metals, which are used directly on-site to support missions and reduce reliance on Earth. These are applied in various fields, including space exploration, lunar missions, planetary missions, asteroid mining, and other related activities. The primary end-users include government space agencies, commercial space companies, and research institutions.

The in-situ resource utilization (ISRU) market research report is one of a series of new reports that provides in-situ resource utilization (ISRU) market statistics, including in-situ resource utilization (ISRU) industry global market size, regional shares, competitors with the in-situ resource utilization (ISRU) market share, in-situ resource utilization (ISRU) market segments, market trends, and opportunities, and any further data you may need to thrive in the in-situ resource utilization (ISRU) industry. This in-situ resource utilization (ISRU) 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 in-situ resource utilization (ISRU) market consists of revenues earned by entities by providing services such as mission planning and simulation services, remote monitoring and operation of ISRU equipment, maintenance and repair services for spaceborne machinery, logistics and transportation support for ISRU deployment, and consulting on sustainable space resource utilization. The market value includes the value of related goods sold by the service provider or included within the service offering. The in-situ resource utilization (ISRU) market also includes sales of propellants and fuels, oxygen and consumables, metals and minerals for manufacturing, spare parts and hardware fabricated. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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.

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