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.
The report on the Sub-orbital Transportation and Space Tourism market employs both primary and secondary research to examine its import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide. The report evaluates the market standing of key manufacturers and sheds light on the strategies they have adopted to stay competitive. The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders. Extensive coverage of the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Sub-orbital Transportation and Space Tourism market for the forecast period from 2020 to 2027.
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Key companies profiled in the report include:
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
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Sub-orbital Transportation and Space Tourism market?
What are the key product types and applications of the Sub-orbital Transportation and Space Tourism industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Sub-orbital Transportation and Space Tourism market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Sub-orbital Transportation and Space Tourism Market by 2027?
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Market Segmentation
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:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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