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.

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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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