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The Future of the Japanese Defense Industry - Forecast to 2023: CAGR is Anticipated to Grow at 2.51% - ResearchAndMarkets.com

September 10, 2018

DUBLIN--(BUSINESS WIRE)--Sep 10, 2018--The “Future of the Japanese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023” report has been added to ResearchAndMarkets.com’s offering.

This report provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

This report offers detailed analysis of the Japanese defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

Scope

During the historic period, the total defense budget, including funding for SACO and US force realignment, witnessed a CAGR of 0.47% to value US$47.3 billion in 2018, compared to US$46.4 billion in 2014. Over the forecast period, the Japanese defense budget is expected to grow at a CAGR of 2.51% to value US$53.7 billion by 2023. The country’s defense expenditure is expected to be largely driven by efforts to combat the threat of North Korea’s rising military strength, the Chinese intrusion on offshore islands within the vicinity of the country, and Russian activities in the disputed Northern territory. As a percentage of GDP, the country’s defense expenditure is expected to average 0.9% over the forecast period. Companies FeaturedLockheed MartinRaytheonBAE SystemsAirbus GroupBellNEC CorporationToshiba CorporationMitsubishi Heavy IndustriesKawasaki Heavy IndustriesIshikawajimaMitsubishi Electric Corporation

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

4. Defense Procurement Market Dynamics

5. Industry Dynamics

6. Market Entry Strategy

7. Competitive Landscape and Strategic Insights

8. Business Environment and Country Risk

For more information about this report visit https://www.researchandmarkets.com/research/k826sl/the_future_of_the?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180910005406/en/

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Related Topics:Military Aerospace and Defense

KEYWORD: ASIA PACIFIC JAPAN

INDUSTRY KEYWORD: DEFENSE OTHER DEFENSE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/10/2018 06:14 AM/DISC: 09/10/2018 06:14 AM

http://www.businesswire.com/news/home/20180910005406/en

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