Global Space Tourism and Commercial Spaceflight Market Size, Share & Trends Analysis Report By Type, By Pricing Model, By End-User, By Region, And Segment Forecasts, 2024 - 2031
- Published Date : 2024-11-04
- Pages : 100
- Report Id : 40534
- Categories : Aerospace & Defense
This report provides a comprehensive analysis of the Global Space Tourism and Commercial Spaceflight Market, including historical market sizes from 2019 to 2022 and forecasts for 2024 to 2031. The market is estimated to be valued at USD 9,435 Million in 2023 and is projected to grow to approximately USD 16,345 Million by 2031, reflecting a compound annual growth rate (CAGR) of 36.4% during the forecast period. This growth underscores the increasing demand for advanced data management solutions and highlights the importance of technological innovations in the sector.
The global space tourism and commercial spaceflight market is on a fast trajectory of growth, driven by advancements in aerospace technology, increasing interest in space exploration, and decreasing launch costs. Pioneers like SpaceX, Blue Origin, and Virgin Galactic are transforming space travel from a government-controlled sector to a privatized industry open to affluent consumers and businesses. The market is anticipated to expand with sub-orbital, orbital, and deep-space tourism, attracting interest from wealthy tourists and corporations aiming for research and marketing opportunities. The focus on safety, affordability, and technological innovation plays a key role in this market's growth, as both new entrants and established players strive to reduce costs while expanding accessibility. Future developments in reusable launch vehicles, coupled with government collaboration, could democratize access to space, making it viable for a wider audience beyond ultra-high-net-worth individuals.
For the geography segment, regional supply, demand, major players, and price are presented from 2019 to 2031. This report covers the following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
Segments-
By Type:
Suborbital Flights
Orbital Flights
Lunar Tourism
Space Hotels
Others
Space tourism can be segmented into sub-orbital and orbital flights. Sub-orbital flights offer a brief experience of weightlessness and the view of Earth from space, while orbital flights allow for longer experiences in Earth's orbit. Companies are also exploring deep-space tourism for trips to lunar orbit or beyond, although this segment remains in its infancy.
By Pricing Model:
All-Inclusive Packages
Tiered Pricing
Pay-per-Experience
Others
Current pricing models include one-time tickets for tourists or corporate missions and subscription-based models or memberships that provide multiple flight experiences over time. The high costs limit access, but increasing competition and tech advancements may lead to more affordable pricing options.
By End-User:
Private Sector
Government Agencies
Others
The market serves individual tourists, corporations, and research institutions. Individual tourism is the largest segment, but corporations use space access for research, product testing, and marketing. Additionally, governments and research institutions look to commercial flights for scientific missions, bypassing traditional agency-based space access.
Key Players
SpaceX
Blue Origin
Virgin Galactic
Boeing (CST-100 Starliner)
Axiom Space
Northrop Grumman
Sierra Space
Rocket Lab
Relativity Space
Space Adventures
For the competitor segment, the report includes global key players and some small players. The information for each competitor includes:
Company Profile
Main Business Information
Financial Analysis
Market Share
Please ask for sample pages for the full company list
Base Year: 2023
Historical Data: from 2019 to 2022
Forecast Data: from 2024 to 2031
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TABLE OF CONTENTS
Market Taxonomy
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis and Recommendations
1.3. RA Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
3. Market Background
3.1. Market Overview
3.1.1. Global Space Tourism and Commercial Spaceflight MarketOutlook
3.1.2. Global Space Tourism and Commercial Spaceflight MarketOverview
3.2. Macro-Economic Overview
3.2.1. GDP Growth
3.2.2. Retail Industry Growth
3.3. Pricing Analysis
3.4. Challenges related to the adoption of Global Space Tourism and Commercial Spaceflight Market
3.5. Regulations of Global Space Tourism and Commercial Spaceflight Market
3.6. Forecast Factors: Relevance and Impact
3.7. Market Dynamics
3.7.1. Drivers
3.7.2. Restraints
3.7.3. Opportunity
3.7.4. Trends
3.7.5. SWOT Analysis
4. Market Forecast
4.1. Market Value Projections
4.2. Market Size Projections
4.3. Y-o-Y Projections
4.4. Absolute Opportunity Analysis
5. Global Global Space Tourism and Commercial Spaceflight Market Analysis By Type
5.1. Introduction
5.1.1. Market Value Share Analysis By Type
5.1.2. Y-o-Y Growth Analysis By Type
5.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
5.3. Market Attractiveness Analysis By Type
6. Global Global Space Tourism and Commercial Spaceflight Market Analysis By Pricing Model
6.1. Introduction
6.1.1. Market Value Share Analysis By Pricing Model
6.1.2. Y-o-Y Growth Analysis By Pricing Model
6.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Pricing Model
6.3. Market Attractiveness Analysis By Pricing Model
7. Market Structure Analysis
7.1. Market Analysis by Tier of Companies
7.2. Market Concentration
8. Competition Analysis
8.1. Competition Dashboard
8.2. Company Profiles (15 Companies)
8.2.1 SpaceX
8.2.1.1. Overview
8.2.1.2. Fuel type Portfolio
8.2.1.3. Financial Overview
8.2.2. Blue Origin
8.2.2.1. Overview
8.2.2.2. Fuel type Portfolio
8.2.2.3. Financial Overview
8.2.3. Virgin Galactic
8.2.3.1. Overview
8.2.3.2. Fuel type Portfolio
8.2.3.3. Financial Overview
8.2.4. Boeing (CST-100 Starliner)
8.2.4.1. Overview
8.2.4.2. Fuel type Portfolio
8.2.4.3. Financial Overview
8.2.5. Axiom Space
8.2.5.1. Overview
8.2.5.2. Fuel type Portfolio
8.2.5.3. Financial Overview
8.2.6. Northrop Grumman
8.2.6.1. Overview
8.2.6.2. Fuel type Portfolio
8.2.6.3. Financial Overview
8.2.7. Sierra Space
8.2.7.1. Overview
8.2.7.2. Fuel type Portfolio
8.2.7.3. Financial Overview
8.2.8. Rocket Lab
8.2.8.1. Overview
8.2.8.2. Fuel type Portfolio
8.2.8.3. Financial Overview
8.2.9. Relativity Space
8.2.9.1. Overview
8.2.8.2. Fuel type Portfolio
8.2.9.3. Financial Overview
8.2.10. Space Adventures
8.2.10.1. Overview
8.2.10.2. Fuel type Portfolio
8.2.10.3. Financial Overview
8.2.11. Company11
8.2.11.1. Overview
8.2.11.2. Fuel type Portfolio
8.2.11.3. Financial Overview
8.2.12. Company12
8.2.12.1. Overview
8.2.12.2. Fuel type Portfolio
8.2.12.3. Financial Overview
8.2.13. Company13
8.2.13.1. Overview
8.2.13.2. Fuel type Portfolio
8.2.13.3. Financial Overview
8.2.14. Company14
8.2.14.1. Overview
8.2.14.2. Fuel type Portfolio
8.2.14.3. Financial Overview
8.2.15. Company15
8.2.15.1. Overview
8.2.15.2. Fuel type Portfolio
8.2.15.3. Financial Overview
9. Global Global Space Tourism and Commercial Spaceflight Market Analysis By Region
9.1. Introduction
9.1.1. Market Value Share Analysis By Region
9.1.2. Y-o-Y Growth Analysis By Region
9.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Region
9.2.1. North America
9.2.2. Middle East and Africa
9.2.3. South America
9.2.4. Asia-Pacific
9.2.5. Others
9.3. Current Market Size (USD Mn) Forecast 2023-2030 By Region
9.3.1. North America
9.3.2. Middle East and Africa
9.3.3. South America
9.3.4. Asia-Pacific
9.3.5. Others
9.4. Market Attractiveness Analysis By Region
10. North America Global Space Tourism and Commercial Spaceflight MarketAnalysis
10.1. Introduction
10.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.2.4. Rest of North America
10.3. Current Market Size (USD Mn) Forecast 2023-2030 By Country
10.3.1. U.S.
10.3.2. Canada
10.3.3. Mexico
10.3.4. Rest of North America
10.4. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
10.5. Current Market Size (USD Mn) Forecast 2023-2030 By Type
10.6. Historical Market Size (USD Mn) Analysis 2018-2022 By Pricing Model
10.7. Current Market Size (USD Mn) Forecast 2023-2030 By Pricing Model
11. South America Global Space Tourism and Commercial Spaceflight Market Analysis
11.1. Introduction
11.2. Regional Pricing Analysis
11.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
11.3.1. Brazil
11.3.2. Argentina
11.3.3. Rest of South America
11.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Rest of South America
11.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
11.6. Current Market Size (USD Mn) Forecast 2023-2030 By Type
11.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Pricing Model
11.8. Current Market Size (USD Mn) Forecast 2023-2030 By Pricing Model
12. Europe Global Space Tourism and Commercial Spaceflight MarketAnalysis
12.1. Introduction
12.2. Regional Pricing Analysis
12.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
12.3.1. Germany
12.3.2. Italy
12.3.3. France
12.3.4. Spain
12.3.5. U.K.
12.3.6. Rest of Europe
12.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
12.4.1. Germany
12.4.2. Italy
12.4.3. France
12.4.4. Spain
12.4.5. U.K.
12.4.6. Rest of Europe
12.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
12.6. Current Market Size (USD Mn) Forecast 2023-2030 By Type
12.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Pricing Model
12.8. Current Market Size (USD Mn) Forecast 2023-2030 By Pricing Model
13. Middle East and Africa Global Space Tourism and Commercial Spaceflight Market Analysis
13.1. Introduction
13.2. Regional Pricing Analysis
13.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
13.3.1. Saudi Arabia
13.3.2. U.A.E.
13.3.3. South Africa
13.3.4. Turkey
13.3.5. Rest of Middle East and Africa
13.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
13.4.1. Saudi Arabia
13.4.2. U.A.E.
13.4.3. South Africa
13.4.4. Turkey
13.4.5. Rest of Middle East and Africa
14. Asia-Pacific Global Space Tourism and Commercial Spaceflight Market Analysis
14.1. Introduction
14.2. Regional Pricing Analysis
14.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
14.3.1. China
14.3.2. India
14.3.3. Japan
14.3.4. South Korea
14.3.5. Singapore
14.3.6. Australia and New Zealand
14.3.7. Rest of Asia-Pacific
14.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
14.4.1. China
14.4.2. India
14.4.3. Japan
14.4.4. South Korea
14.4.5. Singapore
14.4.6. Australia and New Zealand
14.4.7. Rest of Asia-Pacific
i. Research Methodology
ii. Assumptions & Acronyms
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