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 and United States Space Tourism Market
This report focuses on global and United States Space Tourism market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Space Tourism market size is estimated to be worth US$ 1211.8 million in 2022 and is forecast to a readjusted size of US$ 2998.6 million by 2028 with a CAGR of 16.3% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, by Type, Suborbital accounting for % of the Space Tourism global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While by Application, Space Flights was the leading segment, accounting for over percent market share in 2021, and 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
Space Tourism market is segmented by region (country), players, 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 2017-2028.
For United States market, this report focuses on the Space Tourism market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Suborbital
Orbital
Segment by Application
Space Flights
Space Hotel & Space Station
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Blue Origin
SpaceX
Virgin Galactic
Boeing
Space Adventures
Axiom Space, Inc.
Space Perspective
Bigelow Aerospace