Space Travel Market Insights, Global Outlook and Forecast 2022-2028
Space travel refers to the activity of travelling into space for recreational purposes. It is sometimes referred to as citizen space exploration, personal spaceflight, or commercial human spaceflight, and it covers spaceflights that are sub-orbital, orbital, and even beyond Earth orbit.
The latest research study released by Market IntelliX evaluates market size and forecasts of Space Travel in Global, including the following market information:
Global Space Travel Market Size 2023-2028, ($ millions)
The global Space Travel market is projected to reach US$ million by 2028.
MI has surveyed the Space Travel companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Space Travel Market, by Type, 2023-2028 ($ millions)
Global Space Travel Market Segment Percentages, by Type
Suborbital Space Tourism
Orbital Space Tourism
Lunar Space Tourism
Global Space Travel Market, by Application, 2023-2028 ($ millions)
Global Space Travel Market Segment Percentages, by Application
Space Flights
Space Hotel & Space Station
Global Space Travel Market, By Region and Country, 2023-2028 ($ Millions)
Global Space Travel Market Segment Percentages, By Region and Country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Blue Origin
SpaceX
Virgin Galactic
Boeing
Space Adventures
Axiom Space, Inc.
Space Perspective
Bigelow Aerospace
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Space Travel Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Space Travel Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Space Travel Overall Market Size
2.1 Global Space Travel Market Size: 2022 VS 2028
2.2 Global Space Travel Market Size, Prospects & Forecasts: 2022-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Key Space Travel Players in Global Market
3.2 Global Companies Space Travel Product & Technology
4 Players Profiles
4.1 Blue Origin
4.1.1 Blue Origin Corporate Summary
4.1.2 Blue Origin Business Overview
4.1.3 Blue Origin Space Travel Product Offerings & Technology
4.1.4 Blue Origin Space Travel R&D, and Plans
4.2 SpaceX
4.2.1 SpaceX Corporate Summary
4.2.2 SpaceX Business Overview
4.2.3 SpaceX Space Travel Product Offerings & Technology
4.2.4 SpaceX Space Travel R&D, and Plans
4.3 Virgin Galactic
4.3.1 Virgin Galactic Corporate Summary
4.3.2 Virgin Galactic Business Overview
4.3.3 Virgin Galactic Space Travel Product Offerings & Technology
4.3.4 Virgin Galactic Space Travel R&D, and Plans
4.4 Boeing
4.4.1 Boeing Corporate Summary
4.4.2 Boeing Business Overview
4.4.3 Boeing Space Travel Product Offerings & Technology
4.4.4 Boeing Space Travel R&D, and Plans
4.5 Space Adventures
4.5.1 Space Adventures Corporate Summary
4.5.2 Space Adventures Business Overview
4.5.3 Space Adventures Space Travel Product Offerings & Technology
4.5.4 Space Adventures Space Travel R&D, and Plans
4.6 Axiom Space, Inc.
4.6.1 Axiom Space, Inc. Corporate Summary
4.6.2 Axiom Space, Inc. Business Overview
4.6.3 Axiom Space, Inc. Space Travel Product Offerings & Technology
4.6.4 Axiom Space, Inc. Space Travel R&D, and Plans
4.7 Space Perspective
4.7.1 Space Perspective Corporate Summary
4.7.2 Space Perspective Business Overview
4.7.3 Space Perspective Space Travel Product Offerings & Technology
4.7.4 Space Perspective Space Travel R&D, and Plans
4.8 Bigelow Aerospace
4.8.1 Bigelow Aerospace Corporate Summary
4.8.2 Bigelow Aerospace Business Overview
4.8.3 Bigelow Aerospace Space Travel Product Offerings & Technology
4.8.4 Bigelow Aerospace Space Travel R&D, and Plans
5 Sights by Region
5.1 By Region - Global Space Travel Market Size, 2023 & 2028
5.2 By Region - Global Space Travel Revenue, (2023-2028)
5.3 United States
5.3.1 Key Players of Space Travel in United States
5.3.2 United States Space Travel Development Current Situation and Forecast
5.4 Europe
5.4.1 Key Players of Space Travel in Europe
5.4.2 Europe Space Travel Development Current Situation and Forecast
5.5 China
5.5.1 Key Players of Space Travel in China
5.5.2 China Space Travel Development Current Situation and Forecast
5.6 Rest of World
6 Sights by Product
6.1 by Type - Global Space Travel Market Size Markets, 2023 & 2028
6.2 Suborbital Space Tourism
6.3 Orbital Space Tourism
6.4 Lunar Space Tourism
7 Sights by Application
7.1 By Application - Global Space Travel Market Size, 2023 & 2028
7.2 Space Flights
7.3 Space Hotel & Space Station
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
List of Tables
Table 1. Space Travel Market Opportunities & Trends in Global Market
Table 2. Space Travel Market Drivers in Global Market
Table 3. Space Travel Market Restraints in Global Market
Table 4. Key Players of Space Travel in Global Market
Table 5. Global Companies Space Travel Product & Technology
Table 6. Blue Origin Corporate Summary
Table 7. Blue Origin Space Travel Product Offerings
Table 8. SpaceX Corporate Summary
Table 9. SpaceX Space Travel Product Offerings
Table 10. Virgin Galactic Corporate Summary
Table 11. Virgin Galactic Space Travel Product Offerings
Table 12. Boeing Corporate Summary
Table 13. Boeing Space Travel Product Offerings
Table 14. Space Adventures Corporate Summary
Table 15. Space Adventures Space Travel Product Offerings
Table 16. Axiom Space, Inc. Corporate Summary
Table 17. Axiom Space, Inc. Space Travel Product Offerings
Table 18. Space Perspective Corporate Summary
Table 19. Space Perspective Space Travel Product Offerings
Table 20. Bigelow Aerospace Corporate Summary
Table 21. Bigelow Aerospace Space Travel Product Offerings
Table 22. By Region– Global Space Travel Revenue, (US$, Mn), 2023 & 2028
Table 23. By Region - Global Space Travel Revenue, (US$, Mn), 2023-2028
Table 24. By Type – Global Space Travel Market Size, (US$, Mn), 2023 & 2028
Table 25. By Application– Global Space Travel Market Size, (US$, Mn), 2023 & 2028
List of Figures
Figure 1. Space Travel Segment by Type in 2021
Figure 2. Space Travel Segment by Application in 2021
Figure 3. Global Space Travel Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Space Travel Market Size: 2022 VS 2028 (US$, Mn)
Figure 6. Global Space Travel Revenue, 2017-2028 (US$, Mn)
Figure 7. By Region - Global Space Travel Revenue Market Share, 2023-2028
Figure 8. By Type - Global Space Travel Revenue Market Share, 2023-2028
Figure 9. By Application - Global Space Travel Revenue Market Share, 2023-2028
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
|
|
| Influencing Factors |
|
|
| Market Forecast (2021-2026) |
|
|
Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|