Russia Space Tourism Market Size & Outlook, 2023-2030
The space tourism market in Russia is expected to reach a projected revenue of US$ 481.7 million by 2030. A compound annual growth rate of 39.5% is expected of Russia space tourism market from 2024 to 2030.
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- Space Tourism Market Outlook
- Warehousing, Supply Chain & Logistics
Revenue, 2023 (US$M)
$46.8
Forecast, 2030 (US$M)
$481.7
CAGR, 2024 - 2030
39.5%
Report Coverage
Russia
Global Market
Related Markets
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Russia space tourism market highlights
- The Russia space tourism market generated a revenue of USD 46.8 million in 2023 and is expected to reach USD 481.7 million by 2030.
- The Russia market is expected to grow at a CAGR of 39.5% from 2024 to 2030.
- In terms of segment, orbital was the largest revenue generating type in 2023.
- Sub-orbital is the most lucrative type segment registering the fastest growth during the forecast period.
Space tourism market data book summary
| Market revenue in 2023 | USD 46.8 million |
| Market revenue in 2030 | USD 481.7 million |
| Growth rate | 39.5% (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 |
Other key industry trends
- In terms of revenue, Russia accounted for 5.3% of the global space tourism market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia space tourism market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 379.2 million by 2030.
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Publish Date: Jul 05, 2024
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Space Tourism Market Scope
Space Tourism Market segmentation & scope
Space Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Airbus SE | View profile | 150,093 | P.O. Box 32008, Leiden, ZH, Netherlands, 2303 DA | www.airbus.com |
| Virgin Galactic Holdings Inc Shs A | View profile | 805 | 1700 Flight Way, Tustin, CA, United States, 92782 | www.virgingalactic.com |
| Rocket Lab USA Inc | View profile | 1,650 | 3881 McGowen Street, Long Beach, CA, United States, 90808 | www.rocketlabusa.com |
| Boeing Co | View profile | 171,000 | 929 Long Bridge Drive, Arlington, VA, United States, 22202 | www.boeing.com |
| SpaceX | View profile | 1001-5000 | Hawthorne, California, United States, North America | www.spacex.com |
| Blue Origin | View profile | 10001+ | Kent, Washington, United States, North America | www.blueorigin.com |
| Zero Gravity Solutions Inc | View profile | 17 | 190 North West Spanish River Boulevard, Boca Raton, FL, United States, 33431 | www.zerogsi.com |
| Axiom Space | View profile | 501-1000 | Houston, Texas, United States, North America | www.axiomspace.com |
| Space Adventures | View profile | 11-50 | Vienna, Virginia, United States, North America | spaceadventures.com/ |
| Zero 2 Infinity | View profile | 11-50 | Barbará, Catalonia, Spain, Europe | www.zero2infinity.space |
Russia Space Tourism Market Outlook
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 Outlook will help companies and investors design strategic landscapes.
Orbital was the largest segment with a revenue share of 51.71% in 2023.
Horizon Databook has segmented the Russia space tourism market based on orbital, sub-orbital covering the revenue growth of each sub-segment from 2017 to 2030.
- Russia Space Tourism Market Type Outlook (Revenue, USD Million , 2017-2030)
- Orbital
- Sub-orbital
- Others
- Russia Space Tourism Market End Use Outlook (Revenue, USD Million , 2017-2030)
- Government
- Commercial
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia Space Tourism Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Russia Space Tourism Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Russia Space Tourism Market, 2017-2030 (US$M)
Russia space tourism market statistics, by type, 2017-2030 (US$M)
