Space tourism

 There has been a limited amount of orbital space tourism, with only the Russian Space Agency providing transport to date. A 2010 report into space tourism anticipated that it could become a billion-dollar market by 2030. The space market has been around since 1979, however, there has been a limited amount of orbital space tourism, with only the Russian Space Agency providing transport on its Soyuz and the Chinese Shenzhou being the only two spacecrafts suitable for human travel . In April 2001, Dennis Tito, a customer of the Russian Soyuz became the first tourist to visit space. In May 2011, Virgin Galactic launched its SpaceShipTwo plane that allows people to travel 2 hours space at the advertised price of $200,000 per seat. A challenge that the commercial space tourism industry faces is to be able to have fundings from private investments needed to lower the cost of access to space in addition to being able to encourage both private and public sector support to increase capacity to allow commercial passengers. With space tourism still being new concept, there are many factors that needs to be considered for the industry. From its actual demand to its risk factor to its liabilities and insurance issues, there are still a lot of research that needs to be conducted. A 2010 report into space tourism anticipated that the industry is expected to grow by 18% - 26% per year during 2020 to 2030.