Global Space Tourism Market Report, History and Forecast 2016-2027, Breakdown Data by Companies, Key Regions, Types and Application

Space tourism is space travel for recreational, leisure or business purposes. To date only orbital space tourism has taken place provided by the Russian Space Agency, although work continues developing sub-orbital space tourism vehicles by Blue Origin and Virgin Galactic. In addition, SpaceX announced in 2017 that they are planning on sending two space tourists on a lunar free return trajectory in 2018 aboard their Dragon V2 spacecraft launched by the Falcon Heavy rocket.
Major Space tourism companies include Space Adventures, Boeing, EADS Astrium, Virgin Galactic and Space Island Group, with the top three accounting for about 50% of the total market.
North America is the leading market with a market share of more than 40%, followed by Asia Pacific with about 30%.

Market Analysis and Insights: Global Space Tourism Market
The research report studies the Space Tourism market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Space Tourism market size is projected to reach US$ 2547.9 million by 2027, from US$ 885.4 million in 2020, at a CAGR of 16.3% during 2021-2027.

Global Space Tourism Scope and Segment
The global Space Tourism market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Space Tourism market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
Suborbital
Orbital

Segment by Application
Civilians
The Rich

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Space Adventures
EADS Astrium
Virgin Galactic
Armadillo Aerospace
Excalibur Almaz
Space Island Group
SpaceX
Boeing
Zero 2 Infinity