The market is dominated by foreign suppliers, as imports account for 54.3% of total market size in 2023. B2B drives market demand, with B2B spending representing 99.6% of total demand in 2023. Japan has the second largest market size for aircraft and spacecraft regionally, with demand reaching USD33.8 billion in 2023. Mitsubishi Heavy Industries Aero Engines Ltd is the largest company in Japan, generating 4.9% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 15.6% of total production value in 2023. The total number of companies increases in 2023, to 1,206 units. The costs of the industry increase by 16.7% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 17.7% of production value in 2023, the fourth highest regionally. The industry’s exports share increases in 2023 to 41.8% of total production output. With production value of USD21.7 billion, Japan accounts for 19.6% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Aircraft and Spacecraft in Japan: ISIC 353. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Aircraft and Spacecraft in Japan: ISIC 353 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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