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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