Sub-orbital Transportation and Space Tourism Market Size by 2028 | Industry Segmentation by Type, Application, Regions, Key News and Top Companies Profiles

Rising focus on space exploration and private initiatives to facilitate space transportation and high altitude balloon launches for tourism are key factors market revenue growth

Sub-orbital Transportation and Space Tourism Market Size by 2028 | Industry Segmentation by Type, Application, Regions, Key News and Top Companies Profiles

The global sub-orbital transportation and space tourism market size reached USD 423.7 million in 2020 and is expected to register a revenue CAGR of 16.8%, during the forecast period, according to latest analysis by Emergen Research. Some of the major factors driving global sub-orbital transportation and space tourism market revenuegrowth include increased focus on space explorations and private initiatives to facilitate space transportation. Increasing focus on launching high-altitude balloons for space tourism, as well as astronomy among a number of enthusiasts is expected to propel revenue growth of the global sub-orbital transportation and space tourism market between 2021 and 2028.

Some niche products and services believed to be revenue generators are also included in the report. Apart from this, a wide range of products from various segments and sub-segments expected to present greater opportunities in the Sub-orbital Transportation and Space Tourism industry are discussed in the document. Development of new products and substitutes that will completely transform the market dynamics over the forecast period occupies a special section in the report.

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Key Players operating in the industry are:

Near Space Corporation, Blue Origin, LLC, Exos Aerospace Systems & Technologies, Inc., Aerostar International, Inc., Space Exploration Technologies Corp. (SpaceX), UP Aerospace, Inc., PD AeroSpace, LTD., Space Perspective Inc., Zero 2 Infinity SL, and Virgin Galactic Holdings Inc

Radical Features of the Sub-orbital Transportation and Space Tourism Market Report:

  • The report encompasses Sub-orbital Transportation and Space Tourism market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Sub-orbital Transportation and Space Tourism industry

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Global Sub-orbital Transportation and Space Tourism Market Segmentation based on Product Types and Application Spectrum:

  • Vehicle Outlook (Revenue, USD Million; 2018–2028)

    • High-altitude Balloons
    • Sub-orbital Reusable Vehicles
    • Parabolic Flights
  • Application Outlook (Revenue, USD Million; 2018–2028)

    • Space Tourism
    • Cargo Delivery
    • Satellite Deployment
    • Remote Sensing & Earth Observation
    • Others
  • End-Use Outlook (Revenue, USD Million; 2018–2028)

    • Government
    • Aerospace & Defense
    • Commercial

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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