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Global Space Tourism Sales Market Report 2023
SKU ID : QYR-23317107 | Publishing Date : 23-Mar-2023 | No. of pages : 110
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.
Market Analysis and Insights: Global Space Tourism Market
Due to the COVID-19 pandemic, the global Space Tourism market size is estimated to be worth US$ 1029.7 million in 2022 and is forecast to a readjusted size of US$ 2998.6 million by 2029 with a CAGR of 16.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Below $1 m per Seat accounting for % of the Space Tourism global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Stratospheric segment is altered to an % CAGR throughout this forecast period.
Major Space tourism companies include Space Adventures, Boeing, Blue Origin, Virgin Galactic and SpaceX, 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%.
Global Space Tourism Scope and Market Size
The global Space Tourism market is segmented by company, region (country), by Price 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 sales, revenue and forecast by region (country), by Price and by Application for the period 2018-2029.
Segment by Price
Below $1 m per Seat
Above $1 m per Seat
Segment by Application
Stratospheric
Suborbital
Orbital
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Blue Origin
SpaceX
Virgin Galactic
Boeing
Space Adventures
Axiom Space, Inc.
Space Perspective
Bigelow Aerospace
World View
Market Analysis and Insights: Global Space Tourism Market
Due to the COVID-19 pandemic, the global Space Tourism market size is estimated to be worth US$ 1029.7 million in 2022 and is forecast to a readjusted size of US$ 2998.6 million by 2029 with a CAGR of 16.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Below $1 m per Seat accounting for % of the Space Tourism global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Stratospheric segment is altered to an % CAGR throughout this forecast period.
Major Space tourism companies include Space Adventures, Boeing, Blue Origin, Virgin Galactic and SpaceX, 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%.
Global Space Tourism Scope and Market Size
The global Space Tourism market is segmented by company, region (country), by Price 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 sales, revenue and forecast by region (country), by Price and by Application for the period 2018-2029.
Segment by Price
Below $1 m per Seat
Above $1 m per Seat
Segment by Application
Stratospheric
Suborbital
Orbital
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Blue Origin
SpaceX
Virgin Galactic
Boeing
Space Adventures
Axiom Space, Inc.
Space Perspective
Bigelow Aerospace
World View
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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