Monday, 20 August 2018

Space Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

The research report on Global Space Tourism Market discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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.
Over the next five years Space Tourism will register a 17.3% CAGR in terms of revenue, reach US$ 1270 million by 2023, from US$ 490 million in 2017.

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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.
Segmentation by product type:
  1. Suborbital
  2. Orbital
Segmentation by application:
  1. Civilians
  2. The Rich
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The key manufacturers covered in this report:
  • Space Adventures
  • EADS Astrium
  • Virgin Galactic
  • Armadillo Aerospace
  • Excalibur Almaz
  • Space Island Group and More…
This report also splits the market by region:
  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC and More…
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Research objectives
  • To study and analyze the global Space Tourism consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
  • To understand the structure of Space Tourism market by identifying its various subsegments.
  • Focuses on the key global Space Tourism manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Space Tourism with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks)
  • To project the consumption of Space Tourism submarkets, with respect to key regions (along with their respective key countries)
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies
If you have any special requirements, please let us know and we will offer you the report as you want.

Table of Contents
Chapter 1: Scope of the Report
Chapter 2: Executive Summary
Chapter 3: Global Space Tourism by Players
Chapter 4: Space Tourism by Regions
Chapter 5: Americas
Chapter 6: APAC
Chapter 7: Europe and More…

List of Tables and Figures
  • Figure Space Tourism Report Years Considered
  • Figure Market Research Methodology
  • Figure Global Space Tourism Market Size Growth Rate 2013-2023 ($ Millions)
  • Table Space Tourism Market Size CAGR by Region 2013-2023 ($ Millions)
  • Table Major Players of Suborbital
  • Table Major Players of Orbital and More…
About Report Hive Research
Report Hive Research delivers strategic market research reports, statistical survey, and Industry analysis & forecast data on products & services, markets and companies. Our clientele ranges mix of global Business Leaders, Government Organizations, SME’s, Individual & Start-ups, Management Consulting Firms, and Universities etc. Our library of 600,000+ market reports covers industries like Chemical, Healthcare, IT, Telecom, Semiconductor, etc. in the USA, Europe Middle East, Africa, Asia Pacific. We help in business decision-making on aspects such as market entry strategies, market sizing, market share analysis, sales & revenue, technology trends, competitive analysis, product portfolio & application analysis etc.

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