Market revenue in 2023 | USD 11.2 million |
Market revenue in 2030 | USD 137.3 million |
Growth rate | 43.1% (CAGR from 2023 to 2030) |
Largest segment | Orbital |
Fastest growing segment | Sub-orbital |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Orbital, Sub-orbital |
Key market players worldwide | Virgin Galactic Holdings Inc Shs A, Airbus SE, Boeing Co, Rocket Lab USA Inc, Blue Origin, SpaceX, Zero Gravity Solutions Inc, Axiom Space, Space Adventures, Zero 2 Infinity |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to space tourism market will help companies and investors design strategic landscapes.
Orbital was the largest segment with a revenue share of 51.79% in 2023. Horizon Databook has segmented the India space tourism market based on orbital, sub-orbital covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of the space tourism market in India is influenced by several factors specific to the country. Firstly, the Indian Space Research Organisation (ISRO) plays a significant role in driving the space industry and has actively developed space technologies and capabilities.
ISRO's successful missions, such as the Chandrayaan and Mangalyaan missions to the Moon and Mars, respectively, have garnered global recognition and demonstrated India's capabilities in space exploration.
The Indian government has recognized the potential of the space tourism sector and has taken steps to support its growth. Policies and regulations have been implemented to encourage private sector participation and investments in space tourism ventures.
Horizon Databook provides a detailed overview of country-level data and insights on the India space tourism market , including forecasts for subscribers. This country databook contains high-level insights into India space tourism market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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