TechNavio recognizes the following companies as the key players in the Commercial Aircraft Market in Japan: Mitsubishi Heavy industries, Kawasaki heavy Industries, GE Engine Services, IHI, and JAL Engineering Co Ltd
Commenting on the report, an analyst from TechNavio’s team said: “The Commercial Aircraft market in Japan is witnessing strong demand for the manufacturing of commercial aircraft. Currently, the country focuses more on supplying aircraft components and equipment to leading aircraft manufacturers worldwide. However, it is now witnessing an increase in the demand for manufacturing commercial aircraft. For instance, Mitsubishi Heavy Industries has announced the manufacture of a commercial aircraft called MRJ. The launch of the MRJ in the international market will break the duopoly of medium jet (70-100 seater) aircraft manufacturers Bombardier and Embraer. Mitsubishi Heavy Industries has signed its first contract worth US$4.25 billion with SkyWest; under the contract, Mitsubishi Heavy Industries will supply 100 MRJ aircraft to SkyWest.”
According to the report, one such factor is the increase in the demand for aircraft parts manufacturing. Rising air passenger traffic is expected to fuel the domestic aircraft parts manufacturing activities in the country.
Further, the report states that Commercial airlines in Japan are required to rely on the import of commercial aircraft from the US and other countries. There is no company engaged in the complete manufacturing of commercial aircraft in Japan. The major airlines in Japan, such as All Nippon Airways and Japan Airlines, use aircraft that are manufactured by Boeing and Airbus. It is a major challenge confronting the Commercial Aircraft market in Japan to find players for the domestic production of commercial aircraft to reduce its dependence on imports.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/commercial-aircraft-market-in-japan-2014…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report – Commercial Aircraft Market in Japan 2014-2018
