Japan Aerospace and Defense Market Overview

Market Size and Growth

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024: USD 55.0 Billion

Market Forecast in 2033: USD 82.4 Billion

Market Growth Rate: 4.6% (2025-2033)

According to the latest report by IMARC Group, the Japan aerospace and defense market size reached USD 55.0 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 82.4 billion by 2033, exhibiting a CAGR of 4.6% from 2025 to 2033.

Japan Aerospace and Defense Industry Trends and Drivers

Japan's aerospace and defense industry is on the rise, driven by headline defense budgets, modernizing air, maritime, and missile defense capabilities, and a growing space ecosystem that incorporates national asset security with commercial innovation. These defense interests will focus on standoff munitions, the Aegis System Equipped Vessels in lieu of Aegis Ashore, F-35 procurement and F-15 upgrades, next-generation fighter development through GCAP, and ISR satellites alongside investments in cyber and unmanned systems. In the commercial space sphere, the space sector aims to grow through JAXA’s Space Strategy Fund and private entrants into debris removal, launch, and downstream data, planning to relieve tens of billions off the space economy by the early 2030s.

Execution in the market favors the government’s goal to reinforce indigenous production and sustainment, repositioning supply-chains for resilience and export opportunities with Japanese primes and small/medium-sized enterprises and technologies across aero-structures, engines, avionics, shipbuilding, and MRO lines within steady value-added in aerospace & defense manufacturing. The momentum of the budgets targeting upwards of 2% of GDP remains strong, but currency challenges and dependence on imports for specific subsystems inform localization and allied partner strategies. Overall, companies that can integrate credible program delivery, indigenous industrial participation, and dual-use space/data capabilities will be best positioned to capture enduring demand in Japan’s quality, security, and innovation-driven aerospace & defense objectives.

Request for a Sample Copy of the Report: https://www.imarcgroup.com/japan-aerospace-defense-market/requestsample

Japan Aerospace and Defense Market Segmentation

The market report offers a comprehensive analysis of the segments, highlighting those with the largest Japan aerospace and defense market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments:

Service Type Insights:

• Manufacturing
• MRO

Platform Insights:

• Terrestrial
• Aerial
• Naval

Sector Insights:

• Aerospace
• Defense

Regional Insights:

• Kanto Region
• Kinki Region
• Central/Chubu Region
• Kyushu-Okinawa Region
• Tohoku Region
• Chugoku Region
• Hokkaido Region
• Shikoku Region

Request a Customized Report for Deeper Insights: https://www.imarcgroup.com/request?type=report&id=12986&flag=E

Competitive Landscape

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of major companies in the Japan aerospace and defense industry.

• Kawasaki Heavy Industries Ltd.
• Lockheed Martin Corporation
• Mitsubishi Heavy Industries Ltd.
• Northrop Grumman Corporation
• ShinMaywa Industries Ltd.
• Thales Group

Key Highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact

Street: 563-13 Kamien

Area: Iwata

Country: Japan

Postal Code: 4380111

Email: sales@imarcgroup.com