Japanese Defense Industry: Increasing Expenditure on FMS Forced to Build up Domestic Defense Industry


Published on : Sep 11, 2018

Albany, New York, September 11, 2018: Japan’s military force includes Japan Ground Self-Defense force, the Japan Maritime Self-Defense Force and Japanese air-force. Additionally, Japanese defense budget further includes expenditure on the special action committee on Okinawa and US force realignment. Among current programs in which Japanese companies are participating include self-propelled artillery, armored fighting vehicles, infantry fighting vehicles, while its Marine time self-defense force is owing to receive more ballistic missiles defense-capable destroyers. Such trends are widely influencing Japanese defense industry and to evaluate them, Market Research Hub (MRH) has included a report titled “Future of the Japanese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023’ to its repository.

Rising expenditure on FMS has forced Japan’s policy of building up its domestic defense industry to attain a level of autonomy in meeting defense requirements. The policy has been placed since 1970s and yet FMS acquisitions have very low local industry participation.

Japanese Defense Industry: Scope of the Report

The report delivers information on analysis of Japanese defense industry with respect to market size forecast over foreseeable future. Factors those are influencing demand for the industry have been propounded in this report. The report provides future forecast, key market players, security services status and growth opportunities in Japanese defense industry. The report is all-inclusive research study that includes most-creditable and go-to forecast of the market. To determine future scope and performance of the market, macro- and microeconomic facets such as market drivers, restraints, trends and future opportunities have been analyzed.

A systematic procedure has been followed to provide readers unified understanding of performance of the market. Scrupulous segmentation of the report commencing with executive summary and finishing with competitive landscape of key market players provide readers to leverage deep market insights. Executive summary provides market information in the form of market size with respect to value and volume. This information has been included in this report on the basis of each segment of the report. Individual company profiles and dashboard view of leading players operating in the global market is likely to aid clients to identify lucrative opportunities in the global market.

Japanese Defense Industry: Research Methodology

A robust methodology backed up by exhaustive research on the basis of comprehensive study of various market areas has been considered to evaluate market size and future recital of the market. Primary and secondary research was carried out to include key insights mentioned in the report. By garnering and analyzing the information provided by seasoned market analysts and studies and surveys of prominent groups has served as basis of primary research. Under secondary research, robust study of paid sources, trade journals and industry databases has been covered.

With the tracking of all market segments metrics and analyzed geographies, a market attractiveness analysis is evaluated that is complementary to vital insights included in this report. Such approach towards research delivers readers with most cogitable and valid forecast of the Japanese defense industry over forecast period.

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