Amid the COVID-19 crisis, the global space tourism market, estimated at $651 million in 2020, is projected to reach $1.7 billion by 2027, growing at a CAGR of 15% during 2021-2027. . Suborbital Tourism, one of the segments analyzed in the report, is expected to register a 15.6% CAGR and reach USD 1.5 billion by the end of the analysis period. After an early analysis of the business impact of the pandemic and the resulting economic crisis, growth in the orbit tourism sector was corrected at a 13.1% CAGR over the next seven years.
A full report of Space Tourism Market available at: https://www.orionmarketreports.com/space-tourism-market/58542/
Space Tourism Market- Segmentation
• By Type – Suborbital and Orbital
• By Product Type – high altitude jet fighter flights, atmospheric zero-gravity flights, Aircraft replacement flights and Others
• By Destination – Mars, Other Earth Destinations, Earth Orbit, Venus, The Moon, Ceres and Others
• By Customers – Civilians, Enterprise and Others
• By Service Providers – The Government, Commercial Institutions and Others
Major Players
• Airbus Group SE
• Boeing Company
• Excalibur Almaz, Limited (Isle of Man)
• Space Adventures, Inc.
• Space Island Group
• Spacex
• Virgin Galactic, LLC.
• Zero 2 Infinity S.L.
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