Japan Satellite Communication Market Insights Forecasts to 2032

• The Japan Satellite Communication Market Size was valued at USD 2.67 Billion in 2022.
• The Market Size is Growing at a CAGR of 10.55% from 2022 to 2032.
• The Japan Satellite Communication Market Size is Expected to Reach USD 7.28 Billion by 2032.

The Japan Satellite Communication Market Size is Expected to Reach USD 7.28 Billion by 2032, at a CAGR of 10.55% during the forecast period 2022 to 2032.   

Market Overview

The use of artificial satellites to provide communication links between various points on the earth is known as satellite communication. A communication satellite is an artificial satellite that, with the help of a transponder, amplifies and connects radio telecommunications signals. It establishes a communication channel between a source transmitter and a receiver, which are distributed across the globe. Satellite communication technology is widely used in television, telephone, radio, internet, and military applications. The high-frequency radio waves used for telecommunications links travel in a straight line and are thus obstructed by the earth's curvature. The vital role of communication satellites is to connect the signal around the curve of the earth, allowing communication between geographically separated locations. Satellite communication employs a wide range of radio and microwave frequencies. International organizations have regulations governing which frequency ranges or bands are assigned to specific organizations to avoid signal interference. The allocation of bands thus reduces the risk of signal interference.

Report Coverage

This research report categorizes the market for the Japan satellite communication market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan satellite communication market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan satellite communication market.

Driving Factors

One of the primary drivers of the market in Japan is the introduction of 5G technology and technological advancements. Key competitors are investing in the market through mergers, acquisitions, and other means to increase their customer presence and better serve their needs across a variety of applications. Through initiatives and investments, the Japanese government has actively promoted the satellite communications sector. Collaborations and public-private partnerships are also promoting industry innovation. These developments contribute to the expansion and advancement of Japan's satellite communication market, enabling better connection, data services, and technological advancements across a variety of businesses and sectors.

Restraining Factors

Interference in data transmission may be a significant concern that will impede the overall market's growth over the forecast period. Since launching a satellite to send data is a highly sensitive process, cybersecurity has emerged as a major issue for satellite communication, potentially impeding market growth.

Market Segment

• In 2022, the services segment accounted for the largest revenue share over the forecast period.

Based on the type, the Japan satellite communication market is segmented into ground equipment and services. Among these, the services segment has the largest revenue share over the forecast period. Rising demand for satellite television in Japan. Efforts to enable seamless data transmission to end-user locations also help to drive growth. However, due to the high upfront costs of satellite acquisition, many businesses find it financially difficult to purchase satellites outright. As a result, an increasing number of businesses are choosing to lease satellite services.

• In 2022, the airborne segment accounted for a significant revenue share over the forecast period.

Based on the platform, the Japan satellite communication market is segmented into portable, land, maritime, and airborne. Among these, the airborne segment accounted for a significant revenue share over the forecast period. The United States has prioritized modernizing and overhauling its aircraft communication systems through the use of customized SATCOM on-the-move solutions. These modernization initiatives are expected to boost demand for advanced airborne SATCOM in new aircraft. As part of retrofitting or upgrading activities, airborne SATCOM equipment can also be installed in the existing fleet.

• In 2022, the media and broadcasting segment accounted for the largest revenue share over the forecast period.

Based on the end-user vertical, the Japan satellite communication market is segmented into maritime, defense and government, enterprises, media, and broadcasting. Among these, the media and broadcasting segment accounted for the expected revenue share over the forecast period. One of the most important segments that makes use of satellite communication technology is media and broadcasting. This industry relies on satellite communication to deliver live news, sports events, concerts, and a variety of other programs to their audience. Satellites broadcast video channels that can be received by both broadcast networks and cable operators, benefiting consumers in Japan. Satellite communication, in addition to broadcasting video channels, provides other services such as onsite live news reporting, satellite television, and satellite radio.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan satellite communication market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Mitsubishi Electric
• Axelspace Corporation
• Furuno Electric Co. Ltd
• New Japan Radio Co. Ltd
• SKY Perfect JSAT Corporation
• NEC Space Technologies Ltd
• Infostellar Inc.
• Broadcasting Satellite System Corporation (B-Sat)
• KYOCERA Corporation
• Mitsui & Co. Ltd
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In March 2022, SKY Perfect JSAT was chosen as a service provider for the Near-Earth Tracking and Control Network by the Japan Aerospace Exploration Agency, or JAXA. They intend to build new ground stations around the world in collaboration with SKY Perfect JSAT and KSAT to provide Near-Earth Tracking and Control Services to JAXA and other Japanese government agencies.

• In November 2022, Japan Space Imaging Corporation (JSI), a Japanese space company, and Satellite Vu signed a new agreement in which JSI will use Satellite Vu's images, products, and services to supplement its global imaging portfolio with high-resolution thermal data. The agreement follows the launch of Satellite Vu's early access option program (EAOP).

Market Segment

This study forecasts revenue at regional, and country levels from 2021 to 2032. Spherical Insights has segmented the Japan Satellite Communication Market based on the below-mentioned segments:

Japan Satellite Communication Market, By Type

• Ground Equipment
• Services

Japan Satellite Communication Market, By Platform

• Portable
• Land
• Maritime
• Airborne

Japan Satellite Communication Market, By End-user Vertical

• Maritime
• Defense and Government
• Enterprises
• Media and Broadcasting