Global Space Travel Insurance Market Growth (Status and Outlook) 2026-2032
Description
The global Space Travel Insurance market size is predicted to grow from US$ million in 2025 to US$ million in 2032; it is expected to grow at a CAGR of %from 2026 to 2032.
Space tourism insurance is a specialized type of risk insurance designed for commercial space travel activities. Its core function is to provide economic protection and risk transfer for participants, operators, and related assets facing extreme and unknown risks throughout the entire space travel process.
With the maturation of commercial space technology and the increase in suborbital and orbital travel, the space tourism insurance market has broad prospects and is evolving from highly customized to gradually productized. In the short term, the market will grow rapidly along with the increase in flight frequency, with standardized supplementary clauses focusing on performance guarantees and risks during the ground phase emerging first. In the medium to long term, segmented insurance products targeting different orbital altitudes, mission durations, and healthy individuals will emerge, and premiums are expected to become more reasonable due to data accumulation and improved risk models. Major international insurance and reinsurance groups and professional brokers will continue to dominate this niche market. Ultimately, this insurance will not only serve as an economic compensation tool but will also become a key link in improving industry-wide safety standards through data-driven approaches, thereby providing a core financial and safety foundation for the normalization and scaling up of space tourism, supporting a trillion-dollar space economy ecosystem.
United States market for Space Travel Insurance is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
China market for Space Travel Insurance is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Europe market for Space Travel Insurance is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Global key Space Travel Insurance players cover Battleface, Mitsui Sumitomo, Relm Insurance, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.
LPI (LP Information)' newest research report, the “Space Travel Insurance Industry Forecast” looks at past sales and reviews total world Space Travel Insurance sales in 2025, providing a comprehensive analysis by region and market sector of projected Space Travel Insurance sales for 2026 through 2032. With Space Travel Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Space Travel Insurance industry.
This Insight Report provides a comprehensive analysis of the global Space Travel Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Space Travel Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Space Travel Insurance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Space Travel Insurance and breaks down the forecast by Product Types, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Space Travel Insurance.
This report presents a comprehensive overview, market shares, and growth opportunities of Space Travel Insurance market by product type, application, key players and key regions and countries.
Segmentation by Product Types:
Customized Exclusive Policies
Additional Terms or Bundled Options
Segmentation by Risk Characteristics:
Suborbital Travel Insurance
Orbital Travel Insurance
Lunar Space Travel Insurance
Segmentation by Insured Parties:
Passenger Personal Insurance
Operator Liability Insurance
Third-Party Liability Insurance
Segmentation by Application:
Space Tourism Companies
Space Tourists
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Battleface
Mitsui Sumitomo
Relm Insurance
Please note: The report will take approximately 2 business days to prepare and deliver.
Space tourism insurance is a specialized type of risk insurance designed for commercial space travel activities. Its core function is to provide economic protection and risk transfer for participants, operators, and related assets facing extreme and unknown risks throughout the entire space travel process.
With the maturation of commercial space technology and the increase in suborbital and orbital travel, the space tourism insurance market has broad prospects and is evolving from highly customized to gradually productized. In the short term, the market will grow rapidly along with the increase in flight frequency, with standardized supplementary clauses focusing on performance guarantees and risks during the ground phase emerging first. In the medium to long term, segmented insurance products targeting different orbital altitudes, mission durations, and healthy individuals will emerge, and premiums are expected to become more reasonable due to data accumulation and improved risk models. Major international insurance and reinsurance groups and professional brokers will continue to dominate this niche market. Ultimately, this insurance will not only serve as an economic compensation tool but will also become a key link in improving industry-wide safety standards through data-driven approaches, thereby providing a core financial and safety foundation for the normalization and scaling up of space tourism, supporting a trillion-dollar space economy ecosystem.
United States market for Space Travel Insurance is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
China market for Space Travel Insurance is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Europe market for Space Travel Insurance is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Global key Space Travel Insurance players cover Battleface, Mitsui Sumitomo, Relm Insurance, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.
LPI (LP Information)' newest research report, the “Space Travel Insurance Industry Forecast” looks at past sales and reviews total world Space Travel Insurance sales in 2025, providing a comprehensive analysis by region and market sector of projected Space Travel Insurance sales for 2026 through 2032. With Space Travel Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Space Travel Insurance industry.
This Insight Report provides a comprehensive analysis of the global Space Travel Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Space Travel Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Space Travel Insurance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Space Travel Insurance and breaks down the forecast by Product Types, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Space Travel Insurance.
This report presents a comprehensive overview, market shares, and growth opportunities of Space Travel Insurance market by product type, application, key players and key regions and countries.
Segmentation by Product Types:
Customized Exclusive Policies
Additional Terms or Bundled Options
Segmentation by Risk Characteristics:
Suborbital Travel Insurance
Orbital Travel Insurance
Lunar Space Travel Insurance
Segmentation by Insured Parties:
Passenger Personal Insurance
Operator Liability Insurance
Third-Party Liability Insurance
Segmentation by Application:
Space Tourism Companies
Space Tourists
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Battleface
Mitsui Sumitomo
Relm Insurance
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
70 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Space Travel Insurance Market Size by Player
- 4 Space Travel Insurance by Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Global Space Travel Insurance Market Forecast
- 11 Key Players Analysis
- 12 Research Findings and Conclusion
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