Published on : May 30, 2016
Albany, New York, May 30, 2016: ResearchMoz.us has announced the addition of a new market report to its vast and growing database of market intelligence. The new report is focused on the Japanese defense industry and its growth trajectory over the next 5 years. A historical review of the Japanese defense industry’s performance from 2012 to 2016 is also provided in the report to aid readers in gaining a complete understanding of the industry’s performance. The report is titled ‘Future of the Japanese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021’ and is available for sale on the official website of ResearchMoz.us.
According to the report, the Japanese defense industry witnessed a marked drop from 2012 to 2016, but is expected to recover slightly in light of the new threats from North Korea, China, and Russia. Japan’s allocation to its armed forces was valued at US$59.1 bn in 2012. Dropping at a CAGR of -8.36%, the government defense expenditure fell to US$41.7 bn by 2016. By 2021, the defense expenditure of Japan is expected to rise to US$45.8 bn, exhibiting a steady but slow 1.74% CAGR from 2017 to 2021.
The main areas of the Japanese defense industry expected to receive a boost from the steady growth in funding are amphibious ships, transport and utility helicopters, missile defense, destroyers, and multi-role aircraft, indicating a focus on improving the logistical network of the Japanese armed forces. Aircrafts and missiles were the main defense imports into Japan in the 2011-2015 period, while the U.S. was the leading supplier.
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The report examines the primary driving and restraining factors acting on the Japanese defense industry. The economic impact of each factor is illustrated in the report, allied to data about the breakdown of the defense budget of the country and allocation to various parts of the armed forces. The procurement schedules of key defense agencies are also given in the report, along with the major challenges faced by the same.
A detailed Porter’s five forces analysis of the Japanese defense industry is provided in the report to aid market players in determining the impact of the various market forces on their operations. Import and export details of the industry are also provided in the report. The entry barrier in the Japanese defense industry is quite high, thanks to the high intensity of the competitive rivalry in the market. This has reduced the bargaining power of suppliers in the market. Though the threat from substitute products remains moderate. Collaboration opportunities for foreign companies, though, remain promising, with a collaboration between Japanese and foreign companies sure to benefit both parties.
The highlight of the report is, undoubtedly, the detailed coverage of the five major investment opportunities in the Japanese defense industry from 2016 to 2026. The competitive dynamics of the Japanese defense industry are explained in detail in the report, with the key initiatives, alliances, and financial profiles of major market players enlisted in full. Major players analyzed in the report include Raytheon, Lockheed Martin, Airbus Group, Toshiba Corporation, BAE Systems, NEC Corporation, Mitsubishi Electric Corporation, and Mitsubishi Heavy Industries.
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