C&M: Japanese industry for commercial aircraft to be driven by increase in the demand for aircraft parts manufacturing
Commercial Aircraft Market in Japan 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-18 09:03:02
Japan is a potential market for the manufacture of commercial aircraft parts and MRO services. Currently, there is no company in Japan that completely manufactures commercial aircraft. Thus, the country relies on the import of commercial aircraft from other regions such as North America and Europe. However, there are some vendors in Japan that manufacture commercial aircraft parts for Airbus SAS, The Boeing Co., Bombardier Inc., and Embraer SA. Mitsubishi Heavy Industries Ltd. is one such player in the country; Mitsubishi Heavy Industries is in the process of manufacturing MRJ, which is expected to be launched in the market in the coming few years.
The Commercial Aircraft market in Japan is expected is to grow at a steady rate during the period 2014-2018. The manufacturing of aircraft parts has gained momentum in the recent years and the demand for aircraft parts is expected to increase in the coming years. The Commercial Aircraft Manufacturing market in Japan is expected is to grow at a CAGR of 11.93 percent. The Commercial Aircraft Parts Manufacturing market in Japan is expected is to grow at a CAGR of 5.29 percent during the forecast period. The MRO market in Japan is expected is to grow at a CAGR of 2.82 percent during the forecast period.
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