Global Space Tourism Market to Grow at a CAGR of 16.9% 2018-2025 | key players - Space Adventures, EADS Astrium, Virgin Galactic, Armadillo Aerospace

A newly compiled business intelligent report, titled “Global Space Tourism Market to Grow at a CAGR of 16.9%” has been publicized to the vast archive of Market Research Hub (MRH) online repository. The study revolves around the analysis of Space Tourism Market , covering key industry developments and market opportunity map during the mentioned forecast period. This report further conveys quantitative & qualitative analysis on the concerned market, providing a 360 view on current and future market prospects. As the report proceeds, information regarding the prominent trends as well as opportunities in the key geographical segments have also been explained, thus enabling companies to be able to make region-specific strategies for gaining competitive lead.

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This report focuses on the global Space Tourism status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Space Tourism development in United States, Europe and China.

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.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
In 2017, the global Space Tourism market size was 490 million US$ and it is expected to reach 1640 million US$ by the end of 2025, with a CAGR of 16.3% during 2018-2025.

The key players covered in this study
Space Adventures
EADS Astrium
Virgin Galactic
Armadillo Aerospace
Excalibur Almaz
Space Island Group
SpaceX
Boeing
Zero 2 Infinity

Market segment by Type, the product can be split into
Suborbital
Orbital

Market segment by Application, split into
Civilians
The Rich

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Space Tourism status, future forecast, growth opportunity, key market and key players.
To present the Space Tourism development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

Outlook Complete Report with TOC : - https://www.marketresearchhub.com/report/global-space-tourism-market-size-status-and-forecast-2018-2025-report.html

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Space Tourism Market Size Growth Rate by Type (2013-2025)
1.4.2 Suborbital
1.4.3 Orbital
1.5 Market by Application
1.5.1 Global Space Tourism Market Share by Application (2013-2025)
1.5.2 Civilians
1.5.3 The Rich
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Space Tourism Market Size
2.2 Space Tourism Growth Trends by Regions
2.2.1 Space Tourism Market Size by Regions (2013-2025)
2.2.2 Space Tourism Market Share by Regions (2013-2018)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

3 Market Share by Key Players
3.1 Space Tourism Market Size by Manufacturers
3.1.1 Global Space Tourism Revenue by Manufacturers (2013-2018)
3.1.2 Global Space Tourism Revenue Market Share by Manufacturers (2013-2018)
3.1.3 Global Space Tourism Market Concentration Ratio (CR5 and HHI)
3.2 Space Tourism Key Players Head office and Area Served
3.3 Key Players Space Tourism Product/Solution/Service
3.4 Date of Enter into Space Tourism Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type and Application
4.1 Global Space Tourism Market Size by Type (2013-2018)
4.2 Global Space Tourism Market Size by Application (2013-2018)

5 United States
5.1 United States Space Tourism Market Size (2013-2018)
5.2 Space Tourism Key Players in United States
5.3 United States Space Tourism Market Size by Type
5.4 United States Space Tourism Market Size by Application

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