Space Tourism Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

Amid the COVID-19 crisis, the global space tourism market, estimated at $651 million in 2020, is projected to reach $1.7 billion by 2027, growing at a CAGR of 15% during 2021-2027. . Suborbital Tourism, one of the segments analyzed in the report, is expected to register a 15.6% CAGR and reach USD 1.5 billion by the end of the analysis period. After an early analysis of the business impact of the pandemic and the resulting economic crisis, growth in the orbit tourism sector was corrected at a 13.1% CAGR over the next seven years.

Space Tourism Market- Segmentation

• By Type – Suborbital and Orbital
• By Product Type – high altitude jet fighter flights, atmospheric zero-gravity flights, aircraft replacement flights and Others
• By Destination  – Mars, Other Earth Destinations, Earth Orbit, Venus, The Moon, Ceres and Others
• By Customers – Civilians, Enterprise and Others
• By Service Providers – The Government, Commercial Institutions and Others

Major Players

• Airbus Group SE
• Boeing Company
• Excalibur Almaz, Limited (Isle of Man)
• Space Adventures, Inc.
• Space Island Group
• Spacex
• Virgin Galactic, LLC.
• Zero 2 Infinity S.L.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Space Tourism Market Report

• What was the Space Tourism Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Space Tourism Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Space Tourism Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.