Mining Commodities & Minerals · Direct
Monitoring · monthlyProcurement Category Intelligence
Iridium
Overview
Market size
$1.4B
global, USD
CAGR
5.0%
base to forecast
Buyer power
-2.6
supplier-favoured
Suppliers
6
tracked players
Signals
12
7 high severity
Market outlook
2031$1.8B
What changed
Demand by region
Asia-Pacific demand35%
North America demand25%
Europe demand25%
Rest of world demand15%
share of global demandtotal 100%
Cost drivers
Mining and Ore Extraction35%
Refining and Chemical Processing30%
Energy and Power Infrastructure20%
Logistics and Secure Transport15%
share of delivered cost (analyst estimate)