Japan Space Launch Services Market Size & Insights
The Japan Space Launch Services Market size was valued at around USD 962.28 million in 2024 and is projected to reach USD 2,266.77 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. The Japan Space Launch Services Market growth is due to the increasing need for navigation & communication services, growing investments in the space industry, growing need for the current updates in the Earth observatory for the accurate and precise forecasting of the weather, natural disasters, etc., advancement in technologies, government support, and others.
The growing need for satellites in the Earth observatory due to the close monitoring of the Earth’s surface and the collection of data for real-time tracking of the changes in the environment, physical features, weather, etc. Thus, for the coverage of all the regions, Japan’s launch ports are an ideal choice because of their reach to the polar and equatorial regions, offering a precise and accurate analysis.
What are the Key DROs in the Japan Space Launch Services Market?
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.
What are the Key Segments in the Japan Space Launch Services Market?
The Japan Space Launch Services Market is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- 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)
The launch services segment holds the largest market share of about 52%.
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- By End-User – Market Size & Forecast (2020–2030), USD Million & Number of Launches
- Government & Defense
- Commercial Entities
- Research & Academic Institutions
Who are the Key Players in Japan Space Launch Services Market?
- 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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Japan Space Launch Services Market News
- 2025: Interstellar Technologies Inc. (IST) received an investment of approximately USD44.4 million from Woven by Toyota, a subsidiary of Toyota Motor Corporation, to support the mass production of reusable rockets, aiming to enhance Japan’s commercial space launch capabilities and enable more cost-effective, high-frequency satellite deployments.
- 2025: Innovative Space Carrier (ISC) announced plans to test-launch its ASCA 1.0 reusable launcher prototype in December 2025 at Spaceport America in New Mexico, marking the first commercial U.S.-Japan rocket collaboration and aiming to demonstrate low-cost, high-frequency launch capabilities through reusable technology.
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