The Japan Space Launch Services Market size was valued at around USD962.28 million in 2024 and is projected to reach USD2,266.77 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 15.35% during the forecast period, i.e., 2025-30.
Japan Space Launch Services Market Driver:
Expanding Satellite Communication & Navigation – The navigation and communication industry of Japan is growing due to the increasing adoption of electronic devices, digitalization of the sectors, growing need for high-speed internet services, advancements in technology, etc.
The need for electronic devices, like smartphones, laptops, PCs, and others, has surged due to the growing connectivity, white collar population, compactness & portability of such devices, etc. As per the Groupe Speciale Mobile Association (GSMA), there are about 130 million smartphone users, with 120 million equipped with internet services and over 90 million with 5G internet connections, with a penetration rate of smartphones of 104% of the population, in 2025. These large volumes of connections rely on the American GPS system for connection and navigability; thus, to become a self-reliant country, the country introduced its QZSS navigation system. The satellites in this system account for 5 in 2025, with the plan to increase this number to 7 by 2026, and to 11 by the end of 2030, increasing the satellite launches.
Thus, the increasing connectivity and adoption of 5G internet services & smartphones among individuals are boosting the navigation system of the country, leading to a rise in the satellite launches, hence boosting the space launch services in Japan.
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Key Market Reports Highlights
· Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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Japan Space Launch Services Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Product Type – Market Size & Forecast (2020–2030), USD Million & Number of Launches
- Small Satellite Launch Vehicles (SSLVs)
- Medium-Lift Launch Vehicles
- Heavy-Lift Launch Vehicles
- Reusable Rocket Systems
- By Service Type – Market Size & Forecast (2020–2030), USD Million & Number of Launches
- Pre-Launch Services (Payload Integration, Testing, Licensing)
- Launch Services (Orbital, Suborbital)
- Post-Launch Services (Debris Mitigation, Mission Support)
- By End-User – Market Size & Forecast (2020–2030), USD Million & Number of Launches
- Government & Defense
- Commercial Entities
- Research & Academic Institutions
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Mitsubishi Heavy Industries (MHI Launch Services), Interstellar Technologies Inc., Space One Co., Ltd., Japan Aerospace Exploration Agency (JAXA), Canon Electronics Space Division, Innovative Space Carrier (ISC), others (e.g., IHI Corporation, Skyroot Aerospace Japan)
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