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
The global Space Tourism market size is projected to reach US$ 2998.6 million by 2028, from US$ 1029.7 million in 2021, at a CAGR of 16.3% during 2022-2028.
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%.
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Global Space Tourism Scope and Market Size
Space Tourism market is segmented by players, 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 Type and by Application for the period 2017-2028.
Segment by Type
Suborbital
Orbital
Segment by Application
Space Flights
Space Hotel & Space Station
By Company
Blue Origin
SpaceX
Virgin Galactic
Boeing
Space Adventures
Axiom Space, Inc.
Space Perspective
Bigelow Aerospace
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA