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Report Description

Report Description

Global Space Tourism Market is expected to witness steady growth in the forecast period. Space tourism is human space travel that tends to provide tourists with the ability to become astronauts and experience space travel for recreational or business purposes. There are several kinds of space tourism including orbital tourism, suborbital tourism, and lunar tourism. Space tourism is considered expensive so now only the people with high expenditure capacity can afford it. Commercial space tourism operators are offering sub-orbital tourism to tourists as a means of delivering the experience of weightlessness to tourists who are willing to pay the premium fees. The ability to see the earth from outer space and to satisfy the curiosity of the consumer is influencing the demand for the space tourism market. The experience of traveling at high speed and having unusual experience is the driving factor for the growth of the space tourism market in the next five years.

The global space tourism market is segmented into type, product type, destination, customer, service provider, regional distribution, and company. Based on the type, the market can be bifurcated into suborbital and orbital. Sun-orbital spaceflight is a kind of spaceflight that does not complete one complete revolution or reach escape velocity. The spacecraft in sub0orbital tourism reaches outer space, but its trajectory intersects with the surface of the gravitating body from where it is launched. In orbital tourism, spaceflight circles the earth in a stable way.

The major players operating in the global space tourism market are Blue Origin, Virgin Galactic, SpaceX, Space Adventures Inc., EADS Astrium, Armadillo Aerospace, Excalibur Almaz, Space Island Group, Boeing, Zero 2 Infinity, Starchaser Industries, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2018-2021

Base Year: 2022

Estimated Year: 2023

Forecast Period: 2024–2028

Objective of the Study:

  • To analyze the historical growth of the market size of global space tourism market from 2018 to 2021.
  • To estimate and forecast the market size of global space tourism market from 2022 to 2028 and growth rate until 2028.
  • To classify and forecast global space tourism market based on type, product type, destination, customer, service provider, regional distribution, and company.
  • To identify dominant region or segment in the global space tourism market.
  • To identify drivers and challenges for global space tourism market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global space tourism market.
  • To identify and analyze the profile of leading players operating in global space tourism market.
  • To identify key sustainable strategies adopted by market players in global space tourism market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global space tourism market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Space Tourism service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to space tourism market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2022

Forecast Period

2023 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Product Type

·         Destination

·         Customer

·         Service Provider 

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Italy; Spain; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa;

Key Companies Profiled

Blue Origin, Virgin Galactic, SpaceX, Space Adventures Inc., EADS Astrium, Armadillo Aerospace, Excalibur Almaz, Space Island Group, Boeing, Zero 2 Infinity, Starchaser Industries.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global space tourism market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Global Space Tourism Market, By Type:

    • Suborbital
    • Orbital
  • Global Space Tourism Market, By Product Type:
    • High Altitude Jet Fighter Flights
    • Atmospheric Zero-Gravity Flights
    • Aircraft Replacement Flights
    • Others
  • Global Space Tourism Market, By Destination:
    • Mars
    • Earth Orbit
    • Venus
    • Moon
    • Ceres
    • Others
  • Global Space Tourism Market, By Customer:
    • Civilians
    • Enterprise
    • Others
  • Global Space Tourism Market, By Service Provider:
    • Government
    • Commercial Institutions
    • Others
  • Global Space Tourism Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan

§  South Korea

      • Australia
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
    • South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

      • Saudi Arabia
      • South Africa
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global space tourism market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Table of content

Table of content

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Space Tourism Market

4.    Executive Summary

5.    Voice of Customers

6.    Global Space Tourism Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Suborbital and Orbital)

6.2.2.     By Product Type (High Altitude Jet Fighter Flights, Atmospheric Zero-Gravity Flights, Aircraft Replacement Flights and Others)

6.2.3.     By Destination (Mars, Earth Orbit, Venus, Moon, Ceres and Others)

6.2.4.     By Customer (Civilians, Enterprise and Others)

6.2.5.     By Service Provider (Government, Commercial Institutions and Others)

6.2.6.     By Region

6.2.7.     By Company (2022)

6.3.  Product Market Map

7.    North America Space Tourism Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value 

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Product Type

7.2.3.     By Destination

7.2.4.     By Customer

7.2.5.     By Service Provider

7.2.6.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Space Tourism Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Product Type

7.3.1.2.3.             By Destination

7.3.1.2.4.             By Customer

7.3.1.2.5.             By Service Provider

7.3.2.     Canada Space Tourism Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Product Type

7.3.2.2.3.             By Destination

7.3.2.2.4.             By Customer

7.3.2.2.5.             By Service Provider

7.3.3.     Mexico Space Tourism Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Product Type

7.3.3.2.3.             By Destination

7.3.3.2.4.             By Customer

7.3.3.2.5.             By Service Provider

8.    Asia-Pacific Space Tourism Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value 

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Product Type

8.2.3.     By Destination

8.2.4.     By Customer

8.2.5.     By Service Provider

8.2.6.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Space Tourism Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Product Type

8.3.1.2.3.             By Destination

8.3.1.2.4.             By Customer

8.3.1.2.5.             By Service Provider

8.3.2.     India Space Tourism Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Product Type

8.3.2.2.3.             By Destination

8.3.2.2.4.             By Customer

8.3.2.2.5.             By Service Provider

8.3.3.     Japan Space Tourism Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Product Type

8.3.3.2.3.             By Destination

8.3.3.2.4.             By Customer

8.3.3.2.5.             By Service Provider

8.3.4.     South Korea Space Tourism Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Product Type

8.3.4.2.3.             By Destination

8.3.4.2.4.             By Customer

8.3.4.2.5.             By Service Provider

8.3.5.     Australia Space Tourism Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Product Type

8.3.5.2.3.             By Destination

8.3.5.2.4.             By Customer

8.3.5.2.5.             By Service Provider

9.    Europe Space Tourism Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value 

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Product Type

9.2.3.     By Destination

9.2.4.     By Customer

9.2.5.     By Service Provider

9.2.6.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Space Tourism Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Product Type

9.3.1.2.3.             By Destination

9.3.1.2.4.             By Customer

9.3.1.2.5.             By Service Provider

9.3.2.     United Kingdom Space Tourism Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Product Type

9.3.2.2.3.             By Destination

9.3.2.2.4.             By Customer

9.3.2.2.5.             By Service Provider

9.3.3.     France Space Tourism Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Product Type

9.3.3.2.3.             By Destination

9.3.3.2.4.             By Customer

9.3.3.2.5.             By Service Provider

9.3.4.     Italy Space Tourism Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Type

9.3.4.2.2.             By Product Type

9.3.4.2.3.             By Destination

9.3.4.2.4.             By Customer

9.3.4.2.5.             By Service Provider

9.3.5.     Spain Space Tourism Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Type

9.3.5.2.2.             By Product Type

9.3.5.2.3.             By Destination

9.3.5.2.4.             By Customer

9.3.5.2.5.             By Service Provider

10.  South America Space Tourism Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value 

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Product Type

10.2.3.  By Destination

10.2.4.  By Customer

10.2.5.  By Service Provider

10.2.6.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Space Tourism Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Product Type

10.3.1.2.3.           By Destination

10.3.1.2.4.           By Customer

10.3.1.2.5.           By Service Provider

10.3.2.  Argentina Space Tourism Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Product Type

10.3.2.2.3.           By Destination

10.3.2.2.4.           By Customer

10.3.2.2.5.           By Service Provider

10.3.3.  Colombia Space Tourism Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Product Type

10.3.3.2.3.           By Destination

10.3.3.2.4.           By Customer

10.3.3.2.5.           By Service Provider

11.  Middle East & Africa Space Tourism Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value 

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Product Type

11.2.3.  By Destination

11.2.4.  By Customer

11.2.5.  By Service Provider

11.2.6.  By Country

11.3.              South America: Country Analysis

11.3.1.  Saudi Arabia Space Tourism Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Product Type

11.3.1.2.3.           By Destination

11.3.1.2.4.           By Customer

11.3.1.2.5.           By Service Provider

11.3.2.  South Africa Space Tourism Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Product Type

11.3.2.2.3.           By Destination

11.3.2.2.4.           By Customer

11.3.2.2.5.           By Service Provider

11.3.3.  UAE Space Tourism Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Product Type

11.3.3.2.3.           By Destination

11.3.3.2.4.           By Customer

11.3.3.2.5.           By Service Provider

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.    Competition Outlook

14.2.    Company Profiles

14.2.1.  Blue Origin

14.2.2.  Virgin Galactic

14.2.3.  SpaceX

14.2.4.  Space Adventures Inc.

14.2.5.  EADS Astrium

14.2.6.  Armadillo Aerospace

14.2.7.  Excalibur Almaz

14.2.8.  Space Island Group

14.2.9.  Boeing

14.2.10.                Zero 2 Infinity

14.2.11.                Starchaser Industries

15.  Strategic Recommendations

About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The ability to see the earth from outer space and to satisfy the curiosity of the consumer is influencing the demand for the space tourism market.

Blue Origin, Virgin Galactic, SpaceX, Space Adventures Inc., EADS Astrium, Armadillo Aerospace, Excalibur Almaz, Space Island Group, Boeing, Zero 2 Infinity, Starchaser Industries are the major market players operating in the Global space tourism market.

Bases on application, the market is divided into suborbital and orbital. Suborbital is expected to account for significant share as spaceflight that does not complete one complete revolution or reach escape velocity.

High cost and presence of few companies may hinder the market growth in the forecast period.

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