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 the latest analysis by Emergen Research. Some of the major factors driving global sub-orbital transportation and space tourism market revenue growth 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.
High-altitude balloons sent into the stratosphere could achieve a nominal height of 30 kilometers and are often loaded with hydrogen and helium. Balloons are categorized depending on desired use such as research balloons and weather balloons.
Get a sample of the report @ https://www.emergenresearch.com/request-sample/835
The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Sub-orbital Transportation and Space Tourism industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2028. The report assesses the historical data and current scenario to offer accurate estimations of the Sub-orbital Transportation and Space Tourism market in the coming years.
Some players analyzed in the report 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.
Request a discount on the report @ https://www.emergenresearch.com/request-discount/835
Emergen Research has segmented global sub-orbital transportation and space tourism on the basis of vehicle, application, end-use, and region:
Vehicle Outlook (Revenue, USD million; 2018-2028)
High Altitude Balloons
Suborbital 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 defence
Commercial
To know more about the report @ https://www.emergenresearch.com/industry-report/sub-orbital-transportation-and-space-tourism-market
Key Highlights from the Report
Sub-orbital reusable vehicles segment is expected to expand at a substantially rapid revenue CAGR during the forecast period due to increasing demand for such vehicles for sub-orbital transportation and space tourism.
Rocket-powered vehicles are known as sub-orbital reusable vehicles. Launching profiles of such vehicles vary from vertical takeoff and landings and horizontal launched wings vehicles.
Cargo delivery segment is expected to register a significantly steady revenue growth rate over the forecast period as it is considered the primary goal of space transportation.
Detailed 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)
Global Sub-orbital Transportation and Space Tourism Market Report – Table of Contents:
Chapter 1 includes the global Sub-orbital Transportation and Space Tourism market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Sub-orbital Transportation and Space Tourism market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Sub-orbital Transportation and Space Tourism market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Sub-orbital Transportation and Space Tourism industry, along with their anticipated sales and revenue shares.
Chapter 5 includes market segmentation based on product type, application range, and market players.
Request a customization of the report @ https://www.emergenresearch.com/request-for-customization/835
Thank you for reading the research report. To get more information about the customized report and customization plan, kindly connect to us and we will provide you with the well-suited customized report.
Take a Look at our other Reports:
hyper-converged infrastructure market
warehouse management system market
turntable market
https://www.google.at/url?q=https://www.emergenresearch.com/industry-report/turntable-market
gambling software market
https://www.google.at/url?q=https://www.emergenresearch.com/industry-report/gambling-software-market
food enzymes market
https://www.google.at/url?q=https://www.emergenresearch.com/industry-report/food-enzymes-market
cybersecurity mesh market
programmable materials market
application performance monitoring market
surface inspection market
About Us:
At Emerging Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emerging Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
Email: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Read Full Press Release @ https://www.emergenresearch.com/press-release/global-sub-orbital-transportation-and-space-tourism-market
