Space Tourism Market Business Growth, Current Trend and Future Scope by Top Key Players: Space Adventures, EADS Astrium, Virgin Galactic, Armadillo Aerospace, Excalibur Almaz
Global Space Tourism Market Size Status and Forecast 2018-2025
This report focuses on the global Space Tourism status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Space Tourism development in United States, Europe and China.
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 industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
In 2017, the global Space Tourism market size was 490 million US$ and it is expected to reach 1640 million US$ by the end of 2025, with a CAGR of 16.3% during 2018-2025.
Market segment by Type, the product can be split into
Suborbital
Orbital
Market segment by Application, split into
Civilians
The Rich
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The study objectives of this report are:
To analyze global
Space Tourism status, future forecast, growth opportunity, key market and key
players.
To present the Space Tourism development in United States,
Europe and China.
To strategically profile the key players and comprehensively
analyze their development plan and strategies.
To define, describe and forecast the market by product type,
market and key regions.
Table of Content:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
5.4 United States Space Tourism Market Size by Application
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
12.1 Space Adventures
12.1.1 Space Adventures Company Details
12.1.2 Company Description and Business Overview
12.1.3 Space Tourism Introduction
12.1.4 Space Adventures Revenue in Space Tourism Business (2013-2018)
12.1.5 Space Adventures Recent Development
12.2 EADS Astrium
12.2.1 EADS Astrium Company Details
12.2.2 Company Description and Business Overview
12.2.3 Space Tourism Introduction
12.2.4 EADS Astrium Revenue in Space Tourism Business (2013-2018)
12.2.5 EADS Astrium Recent Development
12.3 Virgin Galactic
12.3.1 Virgin Galactic Company Details
12.3.2 Company Description and Business Overview
12.3.3 Space Tourism Introduction
12.3.4 Virgin Galactic Revenue in Space Tourism Business (2013-2018)
12.3.5 Virgin Galactic Recent Development
12.4 Armadillo Aerospace
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