Intensifying Future of the Japanese Defense Market Outlook: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit According to the report analysis, ‘Future of the Japanese Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023’ states that in the forecasted period, the Japanese defense budget is anticipated to grow at a CAGR of 2.51% to value USD 53.7 billion by 2023. Whereas, in the historic period, the total defense budget with the financing of US force manipulation and SACO, observed a CAGR of 0.5% to value USD 47.3 billion in 2018, as compared to the USD 46.4 billion in 2014. The country’s defense expenditure is anticipated to be huge, operated by efforts to combat the threat of North Korea’s growing military potential. In addition, the intrusion of Chinese on offshore islands within the locality of the country, and the activities of Russia in the disputed Northern territory. As a percentage of GDP, the defense expenditure of this region is anticipated to average 0.9% over the near future and the japan defense budget without the SACO and US force related expenditure is anticipated to rise at a CAGR of 2.4% over the near future. For instance, the North Korea nuclear missile development programs, strategic challenges from China and a territorial issue with Russia are the major key factors which operate the Japanese defense industry. Whereas, the ministry of defense is anticipated to distribute an average of 56.1% of the budget onwards the capital expenditure over the near future. Moreover, the Japanese Ministry of Defense devotes huge portion of its budget on operational expenses, salaries, development and training. The report also provide the qualitative analysis related to the Japanese defense industry covering sections which includes demand driver, key trends and latest industry contracts. Whereas, there are some key players which are recently functioning in this sector more actively and playing an effective role in activities of export and imports includes Lockheed Martin, Raytheon, BAE Systems, Airbus Group, Bell, NEC Corporation, Toshiba Corporation, Mitsubishi Heavy Industries, Kawasaki Heavy Industries, Ishikawajima, Mitsubishi Electric Corporation and several others. Japan introduced the Acquisition Technology and Logistics Agency (ATLA) under the Japanese Ministry of Defense in October 2015, which assimilating acquisition functions involving its Staff Offices, Equipment Procurement and Construction Office, Internal Bureau and Technical Research and Development Institute. ATLA is held responsible for defense equipment policy and logistics planning, defense industrial policy, procurement as well as management of research and development institutes, research and development and research and development policies. As before the introduction of ATLA, work connected to equipment acquisition in Japanese Ministry of Defense was divided over the numerous organization and departments. ATLA encourages defense equipment and technology cooperation from the standpoint of the contribution to harmony and international cooperation and security of the country involving managing and strengthening defense production and technological bases and several others. Therefore, in the coming years it is anticipated that the future of the Japanese Defense Industry will grow more effectively over the decades with the more development in the technology and establishment of effective policies by the Japanese Ministry of Defense. For more information, click on the link below: https://www.kenresearch.com/defense-and-security/defense/japanese-defense-industry/156567-16.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91 9015378249 Post Views: 6 Tags: Defense Business Environment, Defense Procurement Market Dynamics, Future Japanese Defense Industry Research Report, Japanese Defense Expenditure, Japanese Defense Industry Competition Analysis, Japanese Defense Industry Opportunities, Japanese Defense Market Forecast, Japanese Defense Market Growth, Japanese Defense Market Outlook, Japanese Defense Market Revenue, Japanese Defense Market Size