The sub-orbital space tourism market research study offers a broad perspective on the analysis of the industry. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models.
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The report is a compilation of various segmentations, including market breakdown by application, product, and region. The report highlights the key driving and restraining forces for the market as well as the opportunities in different applications across the leading countries. In the extensive primary research process undertaken for this study, the sources include industry experts and key executives from prominent companies and organizations across the sub-orbital space tourism supply chain.
The report also provides a country-based analysis for all the leading countries in every region, including the U.S., the U.K., China, Japan, Canada, Russia, France, and Germany, among others. Each regional analysis details an individual push-and-pull force, in addition to the key players and applications in that region.
Space transportation includes sub-orbital flights or transportation, orbital transportation, and beyond orbital transportation, which includes planetary missions. Currently, commercial space transportation includes launch services and cargo delivery to the International Space Station (ISS). Additionally, two companies, namely Blue Origin and Virgin Galactic, have announced their ticket prices for commercial space transportation services. These commercial space transportation services include one to the Moon and one to higher orbits from the International Space Station (ISS) or launch vehicle. Apart from this, commercial rides will be available for adventure travelers and astronauts on suborbital flights and to the ISS. According to NASA’s Integrated Landing System Broad Agency Announcement (BAA), transportation from Gateway to the Moon will be a commercial service by 2024.
Several companies are building concepts for commercial transportation in cislunar space and throughout the solar system. However, an integrated cislunar transportation architecture is required for sustainable and effective transportation between the Earth and the Moon. One of the space transportations companies, Cislunar Space Development Company (CSDC), considers an integrated cislunar transportation architecture for commercial space transportation.
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This architecture may separate during Earth-to-orbit launch, orbit transfer, and lunar surface access, with reusable in-space vehicles and propellant stations in low Earth orbit and near the Moon. As per the company, the architecture will make use of liquid oxygen and liquid hydrogen generated from Earth-launched water till the time when water will be economically accessible on the Moon.
Space tourism has been one of the focused areas in the space industry, particularly for commercial space entities. The main objective of space tourism companies is to fly paying customers to space. From 2001 to 2009, private individuals were successfully sent into space aboard a Russian Soyuz spacecraft. Space Adventures, a space tourism company, organized eight space flight tours to the ISS for seven private individuals with the help of Russia’s Space Agency.
