Global Space Tourism Market Growth (Status and Outlook) 2023-2029

Global Space Tourism Market Growth (Status and Outlook) 2023-2029

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.
LPI (LP Information)' newest research report, the “Space Tourism Industry Forecast” looks at past sales and reviews total world Space Tourism sales in 2022, providing a comprehensive analysis by region and market sector of projected Space Tourism sales for 2023 through 2029. With Space Tourism sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Space Tourism industry.
This Insight Report provides a comprehensive analysis of the global Space Tourism landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Space Tourism portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Space Tourism market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Space Tourism and breaks down the forecast by price, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Space Tourism.
The global Space Tourism market size is projected to grow from US$ 1007.3 million in 2022 to US$ 3006.8 million in 2029; it is expected to grow at a CAGR of 16.9% from 2023 to 2029.
Major Space tourism companies include Space Adventures, Boeing, Blue Origin, Virgin Galactic and SpaceX, with the top three accounting for about 50% of the total market.
North America is the leading market with a market share of more than 40%, followed by Asia Pacific with about 30%.
This report presents a comprehensive overview, market shares, and growth opportunities of Space Tourism market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by price
Below $1 m per Seat
Above $1 m per Seat
Segmentation by application
Stratospheric
Suborbital
Orbital
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Blue Origin
SpaceX
Virgin Galactic
Boeing
Space Adventures
Axiom Space, Inc.
Space Perspective
Bigelow Aerospace
World View

Please note: The report will take approximately 2 business days to prepare and deliver.