Space Tourism Market Set to Register 16.6% CAGR During 2019-2024 | Space Adventures, EADS Astrium, Virgin, Galactic, Armadillo Aerospace, Excalibur Almaz

Global Space Tourism Market 2019 by Company Regions Type and Application Forecast to 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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Companies Profiled in this report includes: Space Adventures, EADS Astrium, Virgin, Galactic, Armadillo Aerospace, Excalibur Almaz, Space Island Group, SpaceX, Boeing, Zero 2 Infinity

The global Space Tourism market is valued at 550 million USD in 2018 and is expected to reach 1180 million USD by the end of 2024, growing at a CAGR of 16.6% between 2019 and 2024.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Space Tourism.

This report studies the Space Tourism market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Space Tourism market by product type and applications/end industries.

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Table of Content:

1 Space Tourism Market Overview

2 Manufacturers Profiles

2.1 Space Adventures

2.1.1 Business Overview

2.1.2 Space Tourism Type and Applications

2.1.2.1 Product A

2.1.2.2 Product B

2.1.3 Space Adventures Space Tourism Revenue, Gross Margin and Market Share (2017-2018)

2.2 EADS Astrium

2.2.1 Business Overview

2.2.2 Space Tourism Type and Applications

2.2.2.1 Product A

2.2.2.2 Product B

2.2.3 EADS Astrium Space Tourism Revenue, Gross Margin and Market Share (2017-2018)

2.3 Virgin Galactic

2.3.1 Business Overview

2.3.2 Space Tourism Type and Applications

2.3.2.1 Product A

2.3.2.2 Product B

2.3.3 Virgin Galactic Space Tourism Revenue, Gross Margin and Market Share (2017-2018)

2.4 Armadillo Aerospace

3 Global Space Tourism Market Competition, by Players

4 Global Space Tourism Market Size by Regions

5 North America Space Tourism Revenue by Countries

6 Europe Space Tourism Revenue by Countries

7 Asia-Pacific Space Tourism Revenue by Countries

8 South America Space Tourism Revenue by Countries

9 Middle East and Africa Revenue Space Tourism by Countries

10 Global Space Tourism Market Segment by Type

11 Global Space Tourism Market Segment by Application

12 Global Space Tourism Market Size Forecast (2019-2024)

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