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Industrial Tourism Market Research Report 2023-2032: Market Size, Trends, Growth And Segments | TUI AG, AAA Club Alliance Inc., Expedia Group Inc., Global Business Travel Group Inc., BCD Travel
Industrial Tourism Market
The Business Research Company's Industrial Tourism Global Market Report 2023 identifies rise in demand for experiential travel as the major driver for the Industrial Tourism market's growth in the forecast period. Experiential travel refers to a type of travel that involves engaging actively and meaningfully with the nature, people, and culture of a destination to produce unforgettable experiences.
The global industrial tourism market is expected to grow from $1.43 billion in 2022 to $1.86 billion in 2023 at a compound annual growth rate (CAGR) of 30.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The industrial tourism market is expected to reach $5.47 billion in 2027 at a CAGR of 30.9%.
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Major competitors in the Industrial Tourism market are TUI AG, AAA Club Alliance Inc., Expedia Group Inc., Global Business Travel Group Inc., BCD Travel.
A key trend in the Industrial Tourism market includes introduction of various industrial tourism. Companies operating in the industrial tourism market are focused on innovating new products to sustain their position in the market. For instance, in February 2023, Metalloinvest Management Company LLC, a Russia-based mining and metallurgy company, launched industrial tourism at Alexey Ugarov Oskol Electrometallurgical Plant (OEMK). This allows guests to learn about green metallurgy technologies that work in harmony with nature as well as the most recent professions. Additionally, tourists were given instructions about industrial safety, they are also provided with overalls and shoes and other personal protective equipment.
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The Industrial Tourism market is segmented -
1. By Type: Industrial Heritage Tourism, Company Visits, Scientific Tourism
2. By Visitor Type: Students, Professionals, Leisure Travelers
3. By Application: Below 20 Years, 20-30 Years, 30-40 Years, 40-50 Years, Above 50 Years
4. By Industry: Manufacturing, Agriculture, Energy, Technology, Transportation, Aerospace, Science Centers
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Industrial Tourism market.
The Business Research Company's "Global Industrial Tourism Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Industrial Tourism Market Include:
1. Executive Summary
2. Industrial Tourism Market Characteristics
3. Industrial Tourism Market Trends And Strategies
4. Industrial Tourism Market - Macro Economic Scenario
5. Global Industrial Tourism Market Size and Growth
……
32. Global Industrial Tourism Market Competitive Benchmarking
33. Global Industrial Tourism Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Industrial Tourism Market
35. Industrial Tourism Market Future Outlook and Potential Analysis
36. Appendix
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