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Global Space Tourism Market Segments, End User and Geographical Overview till 2024

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Birendra Gupta
Global Space Tourism Market Segments, End User and Geographical Overview till 2024

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.

One of the latest trends that will gain traction in the space tourism market in the coming years is the decrease in the cost of space tourism. The cost of getting into space will decline rapidly if the next generation of space planes can reach the orbit. This will considerably reduce the cost of launching satellites or space exploration missions, making it an economically feasible option for a larger customer segment. Additionally, the reduced cost can also enable vendors to launch multiple nanosatellites in the solar system.

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According to this study, over the next five years the Space Tourism market will register a 16.6% CAGR in terms of revenue, the global market size will reach US$ 1180 million by 2024, from US$ 550 million in 2019. In particular, this report presents the global revenue market share of key companies in Space Tourism business, shared in Chapter 3.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The Key Manufacturers covered in this report:

Space Adventures

EADS Astrium

Virgin Galactic

Armadillo Aerospace

Excalibur Almaz

Space Island Group

SpaceX

Boeing

Zero 2 Infinity

This study considers the Space Tourism value generated from the sales of the following segments:

Segmentation by Product Type: Breakdown data from 2014 to 2019, and Forecast to 2024.

Suborbital
Orbital

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Civilians
The Rich

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

The global Space Tourism market has been segmented by region which includes the Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries. The region wise segmentation ensures that the customers attain utmost knowledge of the Space Tourism market trends in each region and hence can plan accordingly to gain the maximum market share.

Some Major TOC Points:

Global Space Tourism Market Report (Status and Outlook) 2019
1 Scope of the Report
2 Executive Summary
3 Global Space Tourism by Players
4 Space Tourism by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Space Tourism Market Forecast


11 Key Players Analysis

11.1 Space Adventures

11.1.1 Company Details

11.1.2 Space Tourism Product Offered

11.1.3 Space Adventures Space Tourism Revenue, Gross Margin and Market Share (2017-2019)

11.1.4 Main Business Overview

11.1.5 Space Adventures News

 

11.2 EADS Astrium

11.2.1 Company Details

11.2.2 Space Tourism Product Offered

11.2.3 EADS Astrium Space Tourism Revenue, Gross Margin and Market Share (2017-2019)

11.2.4 Main Business Overview

11.2.5 EADS Astrium News

 

11.3 Virgin Galactic

11.3.1 Company Details

11.3.2 Space Tourism Product Offered

11.3.3 Virgin Galactic Space Tourism Revenue, Gross Margin and Market Share (2017-2019)

11.3.4 Main Business Overview

11.3.5 Virgin Galactic News

 

11.4 Armadillo Aerospace

11.4.1 Company Details

11.4.2 Space Tourism Product Offered

11.4.3 Armadillo Aerospace Space Tourism Revenue, Gross Margin and Market Share (2017-2019)

11.4.4 Main Business Overview

11.4.5 Armadillo Aerospace News

 

11.5 Excalibur Almaz

11.5.1 Company Details

11.5.2 Space Tourism Product Offered

11.5.3 Excalibur Almaz Space Tourism Revenue, Gross Margin and Market Share (2017-2019)

11.5.4 Main Business Overview

11.5.5 Excalibur Almaz News

 

11.6 Space Island Group

11.6.1 Company Details

11.6.2 Space Tourism Product Offered

11.6.3 Space Island Group Space Tourism Revenue, Gross Margin and Market Share (2017-2019)

11.6.4 Main Business Overview

11.6.5 Space Island Group News

 

12 Research Findings and Conclusion        

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