Market Overview:
The global industrial tourism market is expected to register a CAGR of 6.8% during the forecast period, 2018-2030. The industrial heritage tourism segment is expected to account for the majority share of the global industrial tourism market in 2018. However, the scientific tourism segment is projected to register highest CAGR during the forecast period. North America accounted for majority share of global industrial tourism market in 2017 and it is projected to maintain its dominance throughout the forecast period.
Product Definition:
Industrial tourism is the visitation of a place where some form of industry is being conducted. The importance of industrial tourism lies in the fact that it can provide economic benefits to communities that host such activities. In addition, it can help to educate people about the process by which various products are created.
Industrial Heritage Tourism:
Industrial heritage tourism is the travel associated with seeing historical places, learning about history and visiting museums. It can be defined as a form of sightseeing that involves visits to historic sites as well as contemporary industrial installations. The purpose of such tourism is not only to take a break from routine work but also to gain knowledge regarding current technologies and past practices.
It has been observed that many countries are focusing on developing their cultural tourism which can attract foreign tourists in addition to domestic travelers.
Scientific Tourism:
Scientific tourism is a type of travel, which is specifically associated with the desire to learn and understand new things through direct experience. It can be defined as a journey undertaken in order to understand and observe occurrences at a fundamental level. Scientific tourists are people who travel to places where they can witness scientific processes in action or learn about recent scientific discoveries.
Application Insights:
The below 20 years segment held the largest share of more than 40.0% in 2017. The growth can be attributed to the increasing number of baby boomers traveling with their children and grandchildren on business or personal trips. Baby boomers are particularly attracted to destinations that offer a blend of history, culture, adventure and leisure activities which is likely to propel demand for such tours over the next few years.
The 20-30 years segment is expected witness considerable growth at a CAGR of XX% from 2018 to 2030 owing to an increase in working population coupled with rising disposable income levels across various regions including Asia Pacific, Middle East & Africa and North America among others globally industrial tourism market by application cagr ¢â‚¬Å“8.2%, 2016-2030¢â‚¬).
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to factors such as increasing disposable income and rapid urbanization & industrialization. In addition, rising awareness among people for exploring new places due to growing internet connectivity will drive regional growth.
Europe accounted for a significant share of global revenue in 2017 owing to high tourism activities in countries like Germany and U.K., which have preserved their industrial heritage since centuries ago.
Growth Factors:
- Increasing demand for customized and unique travel experiences
- Rising disposable income of the middle-class population
- Proliferation of online booking platforms and social media marketing by tour operators
- Growing popularity of experiential travel among millennials
- Development of new tourist destinations in emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Tourism Market Research Report
By Type
Industrial Heritage Tourism, Scientific Tourism
By Application
Below 20 Years, 20-30 Years, 30-40 Years, 40-50 Years, Above 50 Years
By Companies
Expedia Group, Priceline Group, China Travel, China CYTS Tours Holding, American Express Global Business Travel, Carlson Wagonlit Travel, BCD Travel, HRG North America, Travel Leaders Group, Fareportal/Travelong, AAA Travel, Corporate Travel Management, Travel and Transport, Altour, Direct Travel, World Travel Inc., Omega World Travel, Frosch, JTB Americas Group, Ovation Travel Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Tourism Market Report Segments:
The global Industrial Tourism market is segmented on the basis of:
Types
Industrial Heritage Tourism, Scientific Tourism
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Below 20 Years, 20-30 Years, 30-40 Years, 40-50 Years, Above 50 Years
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Expedia Group
- Priceline Group
- China Travel
- China CYTS Tours Holding
- American Express Global Business Travel
- Carlson Wagonlit Travel
- BCD Travel
- HRG North America
- Travel Leaders Group
- Fareportal/Travelong
- AAA Travel
- Corporate Travel Management
- Travel and Transport
- Altour
- Direct Travel
- World Travel Inc.
- Omega World Travel
- Frosch
- JTB Americas Group
- Ovation Travel Group
Highlights of The Industrial Tourism Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Heritage Tourism
- Scientific Tourism
- By Application:
- Below 20 Years
- 20-30 Years
- 30-40 Years
- 40-50 Years
- Above 50 Years
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Tourism Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial tourism is a type of tourism that focuses on the attractions and experiences associated with industrial sites and factories. These sites can include manufacturing plants, oil refineries, power plants, or other industrial facilities. Industrial tourists may visit these sites to learn about the history of the industry or to see how modern technology has been used in production processes. Some industrial tourists also enjoy visiting local businesses that are related to the industry they are visiting.
Some of the major players in the industrial tourism market are Expedia Group, Priceline Group, China Travel, China CYTS Tours Holding, American Express Global Business Travel, Carlson Wagonlit Travel, BCD Travel, HRG North America, Travel Leaders Group, Fareportal/Travelong, AAA Travel, Corporate Travel Management, Travel and Transport, Altour, Direct Travel, World Travel Inc., Omega World Travel, Frosch, JTB Americas Group, Ovation Travel Group.
The industrial tourism market is expected to grow at a compound annual growth rate of 6.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Tourism Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Tourism Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Tourism Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Tourism Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Tourism Market Size & Forecast, 2018-2028
4.5.1 Industrial Tourism Market Size and Y-o-Y Growth
4.5.2 Industrial Tourism Market Absolute $ Opportunity
Chapter 5 Global Industrial Tourism Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Tourism Market Size Forecast by Type
5.2.1 Industrial Heritage Tourism
5.2.2 Scientific Tourism
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Tourism Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Tourism Market Size Forecast by Applications
6.2.1 Below 20 Years
6.2.2 20-30 Years
6.2.3 30-40 Years
6.2.4 40-50 Years
6.2.5 Above 50 Years
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Tourism Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Tourism Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Tourism Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Tourism Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Tourism Market Size Forecast by Type
9.6.1 Industrial Heritage Tourism
9.6.2 Scientific Tourism
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Tourism Market Size Forecast by Applications
9.10.1 Below 20 Years
9.10.2 20-30 Years
9.10.3 30-40 Years
9.10.4 40-50 Years
9.10.5 Above 50 Years
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Tourism Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Tourism Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Tourism Market Size Forecast by Type
10.6.1 Industrial Heritage Tourism
10.6.2 Scientific Tourism
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Tourism Market Size Forecast by Applications
10.10.1 Below 20 Years
10.10.2 20-30 Years
10.10.3 30-40 Years
10.10.4 40-50 Years
10.10.5 Above 50 Years
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Tourism Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Tourism Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Tourism Market Size Forecast by Type
11.6.1 Industrial Heritage Tourism
11.6.2 Scientific Tourism
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Tourism Market Size Forecast by Applications
11.10.1 Below 20 Years
11.10.2 20-30 Years
11.10.3 30-40 Years
11.10.4 40-50 Years
11.10.5 Above 50 Years
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Tourism Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Tourism Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Tourism Market Size Forecast by Type
12.6.1 Industrial Heritage Tourism
12.6.2 Scientific Tourism
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Tourism Market Size Forecast by Applications
12.10.1 Below 20 Years
12.10.2 20-30 Years
12.10.3 30-40 Years
12.10.4 40-50 Years
12.10.5 Above 50 Years
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Tourism Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Tourism Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Tourism Market Size Forecast by Type
13.6.1 Industrial Heritage Tourism
13.6.2 Scientific Tourism
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Tourism Market Size Forecast by Applications
13.10.1 Below 20 Years
13.10.2 20-30 Years
13.10.3 30-40 Years
13.10.4 40-50 Years
13.10.5 Above 50 Years
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Tourism Market: Competitive Dashboard
14.2 Global Industrial Tourism Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Expedia Group
14.3.2 Priceline Group
14.3.3 China Travel
14.3.4 China CYTS Tours Holding
14.3.5 American Express Global Business Travel
14.3.6 Carlson Wagonlit Travel
14.3.7 BCD Travel
14.3.8 HRG North America
14.3.9 Travel Leaders Group
14.3.10 Fareportal/Travelong
14.3.11 AAA Travel
14.3.12 Corporate Travel Management
14.3.13 Travel and Transport
14.3.14 Altour
14.3.15 Direct Travel
14.3.16 World Travel Inc.
14.3.17 Omega World Travel
14.3.18 Frosch
14.3.19 JTB Americas Group
14.3.20 Ovation Travel Group
