2015

Japanese Space Industry Employment, 2010-2020

Japanese Space Industry Employment, 2010-2020Japanese Space Industry Employment, 2010-2020

The Society of Japanese Aerospace Companies reports that the Japanese space sector employed 8,527 individuals in 2020, the most recent year for which data is available. This is a 2.3% decrease from the 2019 total of 8,725 employees. More than 70% of these employees work in the space vehicles sector, which includes launch vehicles, satellites, and the international space station. The remaining employees work on ground facilities and software relevant to space. Slight decreases in employment occurred across all portions of the space sector.

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Global Space Activity by Category, 2005-2021

The global space economy continued to expand in 2021 to reach $469 billion. This record high also had the largest growth rate since 2014, growing 9% from a revised 2020 total of $431 billion.The global space economy continued to expand in 2021 to reach $469 billion. This record high also had the largest growth rate since 2014, growing 9% from a revised 2020 total of $431 billion.

For this year’s analysis, Space Foundation incorporated historical data and 2022 government spending to project the global space economy’s growth over the next five years. Using our methodology, we predict that the total could reach $639 billion by 2026. Our modeling takes a more conservative approach based on average growth of established sectors and does not factor in developing sectors such as lunar habitation or still exploratory concepts such as asteroid mining.

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