PUBLISHER: TechNavio | PRODUCT CODE: 1719448
PUBLISHER: TechNavio | PRODUCT CODE: 1719448
The space tourism market is forecasted to grow by USD 11289.8 mn during 2024-2029, accelerating at a CAGR of 16.8% during the forecast period. The report on the space tourism market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in space tourism, increased spending on travel and tourism, and prospect of pioneering activities.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 14.8% |
CAGR | 16.8% |
Incremental Value | $11289.8 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's space tourism market is segmented as below:
By Type
By End-user
By Service Type
By Geographical Landscape
This study identifies the growing adoption of reusable rocket technology for space tourism as one of the prime reasons driving the space tourism market growth during the next few years. Also, increasing number of next-generation engineers and possibility of hypersonic travel will lead to sizable demand in the market.
The report on the space tourism market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading space tourism market vendors that include Axiom Space Inc., Blue Abyss Ltd., Blue Origin Enterprises LP, Orbite Inc., PD AeroSpace Ltd., Sierra Space Corp., Space Adventures Inc., Space Exploration Technologies Corp., Space Perspective, Starchaser Industries Ltd., The Boeing Co., Virgin Galactic Holdings Inc., World View Enterprises Inc., Zero 2 Infinity S.L., and Zero Gravity Corp.. Also, the space tourism market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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