Japan Aerospace And Defense Mro Market Size & Outlook
Japan aerospace and defense mro market, 2018-2030 (US$M)
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Japan aerospace and defense mro market highlights
- The Japan aerospace and defense mro market generated a revenue of USD 1,989.1 million in 2021 and is expected to reach USD 3,222.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.5% from 2022 to 2030.
- In terms of segment, engine was the largest revenue generating product in 2021.
- Line is the most lucrative product segment registering the fastest growth during the forecast period.
Aerospace and defense mro market data book summary
| Market revenue in 2021 | USD 1,989.1 million |
| Market revenue in 2030 | USD 3,222.8 million |
| Growth rate | 5.5% (CAGR from 2021 to 2030) |
| Largest segment | Engine |
| Fastest growing segment | Line |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Engine, Airframe, Line, Components |
| Key market players worldwide | AAR Corp, SIA Engineering Co Ltd, Embraer SA ADR, Air France-KLM, RTX Corp, Delta Air Lines Inc, General Dynamics Corp, MTU Aero Engines AG, Deutsche Lufthansa AG, Honeywell International Inc, Boeing Co |
Other key industry trends
- In terms of revenue, Japan accounted for 1.9% of the global aerospace and defense mro market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China aerospace and defense mro market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 32,225.2 million by 2030.
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Aerospace And Defense MRO Market Scope
Aerospace And Defense MRO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan aerospace and defense mro market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace and defense mro market will help companies and investors design strategic landscapes.
Engine was the largest segment with a revenue share of 42.92% in 2021. Horizon Databook has segmented the Japan aerospace and defense mro market based on engine, airframe, line, components covering the revenue growth of each sub-segment from 2018 to 2030.
The aerospace & defense MRO market in the country is expected to grow due to the increasing participation of industries in multinational development projects and the expansion of airline routes due to the increase in international traffic.
Although aerospace industry in Japan is relatively smaller than the U.S. and Europe, companies in the country have an overwhelming presence in the market due to long-standing relationships with domestic manufacturers and trading firms.
Aerospace industry in Japan initially started with the authorized production of U.S. military aircraft in the early years and subsequently produced satellites and launch vehicles. The aerospace industry has built its capabilities in local development, manufacturing almost all segments of the aerospace value chain including aircraft MRO.
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Our clientele includes a mix of aerospace and defense mro market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan aerospace and defense mro market , including forecasts for subscribers. This country databook contains high-level insights into Japan aerospace and defense mro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan aerospace and defense mro market size, by product, 2018-2030 (US$M)
Japan Aerospace And Defense MRO Market Outlook Share, 2021 & 2030 (US$M)
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