Global Space Tourism Market Analysis and Forecast, 2023-2030
- Report ID: 64263
- Date: May, 2023
- Pages: 110
- Category: BFSI
Global Space Tourism Market Analysis and Forecast, 2023-2030
The global Space Tourism market was US$ 520 million in 2021 and is expected to grow at a CAGR of 32% over the forecast period of 2023-2030.
Market Scope & Overview
The global Space Tourism market study by Altus Market Research comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the global market for the historical period of 2019-2022 and the forecast period of 2023-2030 based on the product installed base, key forecasting factors impacting the market conditions, and major market developments happening in the market throughout the analysis period. Altus Market Research practices primary and secondary research for conducting an insightful market study. Various market parameters such as macroeconomic conditions, market environment, government policies, and competitive landscape are thoroughly studied and taken into account while analyzing the market.
The global Space Tourism market report also covers value chain and supply chain analysis that provides in-depth information about the value addition at each stage of the product. Market dynamics incorporated in the market study include drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.
The global Space Tourism market includes a market share analysis and market structure overview with detailed company profiling of leading players with their financials, product offerings, major developments, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.
State of Global Economy, COVID-19 Outbreak, and the Russo-Ukraine War Impact
The global economy experienced heavy headwinds, throughout 2019-2022, as some countries witnessed subdue growth, while other countries continued to grapple with economic slowdowns. Also, intensifying tension between the US and Iran along with the tightening sanctions on Venezuela by the US further hampered global economic growth in 2019. Moreover, the heightened trade war between the US and China and the rising trade uncertainty continued to exert adverse effects on the global economy. Amid all these, the COVID-19 outbreak at the end of the year 2019 in Wuhan, China further deteriorated global economic growth.
The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, UK, Germany, India, Japan, South Korea, the UK, and many others. Many of these countries had announced partial or complete nationwide lockdowns. The governments of several nations have called on people to shelter in place at home, travel restrictions, shut down local businesses, and prohibited social gatherings.
The rapid spread of the virus in the early month of 2020 followed by a second wave of COVID-19 caused a significant change in management strategies of the leading industries which have affected the market or industry at a significant level. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.
Key Market Segmentation and Companies
Altus Market Research has segmented the global Space Tourism market based on type, form, product, destination, end user, and region.
• By Type
o Orbital
o Sub Orbital
• By Form
o Innovators Early adopters
o Early Majority
o Discrete
• By Product
o High-altitude jet fighter flights
o Atmospheric zero-gravity flights
o Aircraft replacement flights
• By Destination
o Mars
o Earth Orbit
o Venus
o The Moon
o Ceres
o Others (Earth Destinations, etc.)
• By End User
o Government
o Commercial
• By Region
o North America
US
Canada
o Latin America
Brazil
Mexico
Rest of Latin America
o Western Europe
Germany
UK
France
Spain
Italy
Benelux
Nordic
Rest of Western Europe
o Eastern Europe
Russia
Poland
Rest of Eastern Europe
o Asia Pacific
China
Japan
India
South Korea
Australia
ASEAN (Indonesia, Vietnam, Malaysia, etc.)
Rest of Asia Pacific
o Middle East & Africa
GCC
South Africa
Turkey
Rest of the Middle East & Africa
• Leading Companies and Market Players
o NASA
o Airbus Group SE
o Axiom Space
o Blue Origin
o Orion Span
o Space Adventures
o SpaceX
o Virgin Galactic
o Zero2Infinity
o ZERO-G
Global Space Tourism Market Analysis and Forecast 2023-2030
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2023
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter’s Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Parent Market Overview: Global Tourism Market
10. Segmental Analysis
10.1. Global Space Tourism Market by Type
10.1.1. Segment Overview
10.1.1.1. Orbital
10.1.1.2. Sub Orbital
10.2. Global Space Tourism Market by Form
10.2.1. Segment Overview
10.2.1.1. Innovators Early adopters
10.2.1.2. Early Majority
10.2.1.3. Discrete
10.3. Global Space Tourism Market by Product
10.3.1. Segment Overview
10.3.1.1. High altitude jet fighter flights
10.3.1.2. Atmospheric zero-gravity flights
10.3.1.3. Aircraft replacement flights
10.4. Global Space Tourism Market by Destination
10.4.1. Segment Overview
10.4.1.1. Mars
10.4.1.2. Earth Orbit
10.4.1.3. Venus
10.4.1.4. The Moon
10.4.1.5. Ceres
10.4.1.6. Others (Earth Destinations)
10.4.1.7. Aircraft replacement flights
10.5. Global Space Tourism Market by End User
10.5.1. Segment Overview
10.5.1.1. Government
10.5.1.2. Commercial
10.6. Global Space Tourism Market by Region
10.6.1. North America
10.6.2. Latin America
10.6.3. Western Europe
10.6.4. Eastern Europe
10.6.5. Asia Pacific
10.6.6. Middle East & Africa
11. Regional Analysis
11.1. North America Space Tourism Market Analysis and Forecast 2023-2030
11.1.1. Regional Market Overview and Key Takeaways
11.1.2. North America Space Tourism Market by Type
11.1.3. North America Space Tourism Market by Form
11.1.4. North America Space Tourism Market by Product
11.1.5. North America Space Tourism Market by Destination
11.1.6. North America Space Tourism Market by End User
11.1.7. North America Space Tourism Market by Country
11.1.7.1. US
11.1.7.2. Canada
11.2. Latin America Space Tourism Market Analysis and Forecast 2023-2030
11.2.1. Regional Market Overview and Key Takeaways
11.2.2. Latin America Space Tourism Market by Type
11.2.3. Latin America Space Tourism Market by Form
11.2.4. Latin America Space Tourism Market by Product
11.2.5. Latin America Space Tourism Market by Destination
11.2.6. Latin America Space Tourism Market by End User
11.2.7. Latin America Space Tourism Market by Country
11.2.7.1. Brazil
11.2.7.2. Mexico
11.2.7.3. Rest of Latin America
11.3. Western Europe Space Tourism Market Analysis and Forecast 2023-2030
11.3.1. Regional Market Overview and Key Takeaways
11.3.2. Western Europe Space Tourism Market by Type
11.3.3. Western Europe Space Tourism Market by Form
11.3.4. Western Europe Space Tourism Market by Product
11.3.5. Western Europe Space Tourism Market by Destination
11.3.6. Western Europe Space Tourism Market by End User
11.3.7. Western Europe Space Tourism Market by Country
11.3.7.1. Germany
11.3.7.2. UK
11.3.7.3. France
11.3.7.4. Spain
11.3.7.5. Italy
11.3.7.6. Benelux
11.3.7.7. Nordic
11.3.7.8. Rest of Western Europe
11.4. Eastern Europe Space Tourism Market Analysis and Forecast 2023-2030
11.4.1. Regional Market Overview and Key Takeaways
11.4.2. Eastern Europe Space Tourism Market by Type
11.4.3. Eastern Europe Space Tourism Market by Form
11.4.4. Eastern Europe Space Tourism Market by Product
11.4.5. Eastern Europe Space Tourism Market by Destination
11.4.6. Eastern Europe Space Tourism Market by End User
11.4.7. Eastern Europe Space Tourism Market by Country
11.4.7.1. Russia
11.4.7.2. Poland
11.4.7.3. Rest of Eastern Europe
11.5. Asia Pacific Space Tourism Market Analysis and Forecast 2023-2030
11.5.1. Regional Market Overview and Key Takeaways
11.5.2. Asia Pacific Space Tourism Market by Type
11.5.3. Asia Pacific Space Tourism Market by Form
11.5.4. Asia Pacific Space Tourism Market by Product
11.5.5. Asia Pacific Space Tourism Market by Destination
11.5.6. Asia Pacific Space Tourism Market by End User
11.5.7. Asia Pacific Space Tourism Market by Country
11.5.7.1. China
11.5.7.2. Japan
11.5.7.3. India
11.5.7.4. South Korea
11.5.7.5. Australia
11.5.7.6. ASEAN
11.5.7.7. Rest of Asia-Pacific
11.6. Middle East & Africa Space Tourism Market Analysis and Forecast 2023-2030
11.6.1. Regional Market Overview and Key Takeaways
11.6.2. Middle East & Africa Space Tourism Market by Type
11.6.3. Middle East & Africa Space Tourism Market by Form
11.6.4. Middle East & Africa Space Tourism Market by Product
11.6.5. Middle East & Africa Space Tourism Market by Destination
11.6.6. Middle East & Africa Space Tourism Market by End User
11.6.7. Middle East & Africa Space Tourism Market by Country
11.6.7.1. GCC
11.6.7.2. South Africa
11.6.7.3. Turkey
11.6.7.4. Rest of the Middle East & Africa
12. Competitive Landscape
12.1. Competition Dashboard
12.1.1. Global and Regional Market Share Analysis
12.1.2. Market Structure
12.2. Competitive Benchmarking
12.3. Key Strategy Analysis
12.4. Company Profiles
12.4.1. NASA
12.4.1.1. Company Overview
12.4.1.2. Product/Service Offerings
12.4.1.3. Financials
12.4.1.4. Recent Developments
12.4.2. Airbus Group SE
12.4.2.1. Company Overview
12.4.2.2. Product/Service Offerings
12.4.2.3. Financials
12.4.2.4. Recent Developments
12.4.3. Axiom Space
12.4.3.1. Company Overview
12.4.3.2. Product/Service Offerings
12.4.3.3. Key Financials
12.4.3.4. Recent Developments
12.4.4. Blue Origin
12.4.4.1. Company Overview
12.4.4.2. Product/Service Offerings
12.4.4.3. Key Financials
12.4.4.4. Recent Developments
12.4.5. Orion Span
12.4.5.1. Company Overview
12.4.5.2. Product/Service Offerings
12.4.5.3. Financials
12.4.5.4. Recent Developments
12.4.6. Space Adventures
12.4.6.1. Company Overview
12.4.6.2. Product/Service Offerings
12.4.6.3. Financials
12.4.6.4. Recent Developments
12.4.7. SpaceX
12.4.7.1. Company Overview
12.4.7.2. Product/Service Offerings
12.4.7.3. Financials
12.4.7.4. Recent Developments
12.4.8. Virgin Galactic
12.4.8.1. Company Overview
12.4.8.2. Product/Service Offerings
12.4.8.3. Financials
12.4.8.4. Recent Developments
12.4.9. Zero2Infinity
12.4.9.1. Company Overview
12.4.9.2. Product/Service Offerings
12.4.9.3. Financials
12.4.9.4. Recent Developments
12.4.10. ZERO-G
12.4.10.1. Company Overview
12.4.10.2. Product/Service Offerings
12.4.10.3. Financials
12.4.10.4. Recent Developments
A comprehensive list of Space Tourism brands/manufacturers by country will be provided along with geographical reach, employee count, revenue, product capacities, and their capabilities.
13. Disclaimer
List of Figures
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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