In contrast, the key customers for orbital human spaceflights are governments as they continue to send astronauts to the international space station. Orbital space tourism will have fewer passengers due to the high ticket price of about $55 million. SpaceX’s launch of the first civilian crew marks the commercialization of orbital space tourism. Axiom Space has booked multiple flights for tourists and private astronauts that will take place in the next few years. Space Adventures, a space tourism broker, has purchased multiple flights on Soyuz (launch service provider).
Commercial space stations are the next opportunity with players such as Axiom Space, in which orbital assembly will focus on the development of orbiting platforms. These platforms will encourage in-orbit research for scientists and engineers in the private sector. In addition, the opportunity for short-stay in-orbit tourism will increase opportunities for space transportation to serve space tourists.
This report covers the global sub-orbital and orbital space tourism market. It profiles key players and their current stage of technology development. The report assesses the opportunity for sub-orbital and orbital space tourism in terms of number of passengers (PAX) and revenue forecasts from 2021 to 2030.
Key Issues Addressed
- What is the market opportunity size from 2021 to 2030?
- Who are the key players operating in the market?
- What technologies have these service providers developed?
- What is the cost of a space tourism flight per passenger?
- What is the market demand for orbital and sub-orbital flights in terms of PAX?
- What is the current stage of development for these systems?
- What are the key drivers and restraints for the space tourism market?
- What are the top growth opportunities for players in this market?