Japan Space Launch Services Market Growth Trends, Volume Insights & Outlook 2030
Japan Space Launch Services Market Size & Insights
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. 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.
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.
What are the Key Segments in the Japan Space Launch Services Market?
The Japan Space Launch Services 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
Small Satellite Launch Vehicles (SSLVs)
Medium-Lift Launch Vehicles
Heavy-Lift Launch Vehicles
Reusable Rocket Systems
Based on product type, the small satellite launch vehicles segment holds the largest market share of around 41%. This market share is due to the miniaturization of the devices, advanced technologies, increasing investment, cost-effective methods, frequent launches, etc.
By Service Type
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%. This is due to the strategic position of launch centers along the coastline, increasing investments by the government and private sector, international collaborations, space tourism, etc.
By End-User
Government & Defense
Commercial Entities
Research & Academic Institutions
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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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