Industrial Tourism Global Market 2024 To Reach $7.3 Billion By 2028 At Rate Of 31.7%
The Business Research Company’s Industrial Tourism Global Market Report 2024 – Market Size, Trends, And Market Forecast 2024-2033
LONDON, GREATER LONDON, UK, August 5, 2024 /EINPresswire.com/ -- The industrial tourism market has experienced robust growth in recent years, expanding from $1.86 billion in 2023 to $2.43 billion in 2024 at a compound annual growth rate (CAGR) of 30.4%. The growth in the historic period can be attributed to global industrialization, adoption of automation, economic growth, growing manufacturing sector.
Strong Future Growth Anticipated
The industrial tourism market is projected to continue its strong growth, reaching $7.3 billion in 2028 at a compound annual growth rate (CAGR) of 31.7%. The growth in the forecast period can be attributed to the growing agriculture sector, increasing energy demand, increasing research and development, increasing disposable income.
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Growth Driver Of The Industrial Tourism Market
The rise in cultural and heritage tourism is expected to propel the growth of the industrial tourism market going forward. Cultural and heritage tourism involves traveling to experience and explore the unique cultural, historical, and natural heritage of a destination. Industrial tourism boosts cultural and heritage tourism by allowing visitors to explore a destination's industrial heritage and manufacturing processes.
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Major Players And Market Trends
Key players in the industrial tourism market include TUI AG, AAA Club Alliance Inc., Expedia Group Inc., Global Business Travel Group Inc., BCD Travel, Fareportal Inc., Direct Travel Inc.
Companies operating in the industrial tourism market are focused on innovating new methods such as strategic partnership to sustain their position in the market. Strategic partnerships in industrial tourism drive sustainable development, providing visitors with enriching experiences while preserving and showcasing the unique heritage and contributions of industrial sectors.
Segments:
1) By Type: Industrial Heritage Tourism, Company Visits, Scientific Tourism
2) By Visitor Type: Students, Professionals, Leisure Travelers
3) By Application: Below 20 Years, 20-30 Years, 30-40 Years, 40-50 Years, Above 50 Years
4) By Industry: Manufacturing, Agriculture, Energy, Technology, Transportation, Aerospace, Science Centers
Geographical Insights: North America Leading The Market
North America was the largest region in the industrial tourism market in 2023. The regions covered in the industrial tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Industrial Tourism Market Definition
Industrial tourism refers to the idea of visiting locations connected to the industries most prevalent in a specific location. It frequently includes visits to active businesses and industrial history, offers an experience related to particular products, and allows visitors to see and learn about the production process.
Industrial Tourism Global Market Report2 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Industrial Tourism Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on industrial tourism market size3, industrial tourism market drivers and trends, industrial tourism market major players, industrial tourism competitors' revenues, industrial tourism market positioning, and industrial tourism market growth across geographies. The industrial tourism market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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