Space Related Equipment

I   Status and Future Prospect of Space-Related Equipment Market

• In conjunction with the overwhelming strength of the United States in this field, the mission of space development has been accelerated throughout the world.
• Japan aims to be one of these countries to organize the environment for space development and develop the space-related technologies, supported by the private sector.
• There has been a global development of transportation vehicles and satellites,  contributing to the development of space technologies.
• SpaceX, which occupies more than half of these technologies, is maintaining its momentum, with its rocket launches expected to exceed 500 times by 2030.
• With the miniaturization of satellites and other equipment, as well as the expansion of rocket-launched flight service of a satellite, the number of flights will increase from 3,418 in 2025 to 4,735 in five years, nearly 1.4 times the number of flights.
• Instead of imitating the strong development of the U.S., Japan should create its own environment to develop its technology to explore the space industry.
• Japan should explore the space industry with its own technology based on a solid understanding of its own environment.
• Japanese technology can be enhanced by organizing human resource development to communicate the attractiveness of space and by creating a development environment.

II   Development of the Space-Related Equipment Market in Japan and Overseas

1. The United States

• The United States is leading the world's most advanced space development by improving capabilities through cooperation among countries
• The United States has accelerated development, envisioning direct flight to the Moon as well as foreseeing the Mars mission.

2. Europe

• The early space roots of the European region's transportation and satellite services are being uncovered and interpreted in the skies by bringing together technologies from more than 20 countries.

3. China

• Invigorating its activities to become a major space power. The country is under innovative technological development at a level that overtakes space station and planetary exploration.
• Its space development that has been cultivated through repeated demonstrations in various fields of space technology is scheduled to be greatly expanded by 2025.

4. India

• With the expanded national budget for space development, it continues its technological development, foreseeing to achieve manned spacecraft.
• Its space development continues to grow, with sound and enthusiastic intentions for achieving the mission.

5. Japan

• Satellite services for daily efficiency and security in Old Space are also gaining momentum for launches.

III    Trend of Space-Related Companies

1. Companies in the United States

• SpaceX
• Planet Labs
• Spire Global
• Iridium Communications
• Swarm Technologies
• IntelSat S.A.
• ORBCOMM Inc
• Global Star
• HawkEye 360

2. Companies in Europe

• Arianespace SA
• SES S.A.

3. Companies in China

• China Aerospace Science and Technology Corp.：CASC
• Shanghai Academy of Spaceflight Technology：SAST
• Chang Guang Satellite Technology Co. Ltd.

4. Companies in India

• Pixxel (pik·sl)
• Dhruva Space Private Limited

5. Companies in Japan

• IHI Corporation
• NEC Corporation
• Mitsubishi Electric Corp.
• AstroX, Inc.
• ispace, inc.
• Institute for Q-shu Pioneers of Space, Inc.
• Axelspace Corporation
• IWAYA INC.
• Hokkaido University