Japan Aerospace Parts Manufacturing Market Size & Outlook
Global Market
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Japan aerospace parts manufacturing market highlights
- The Japan aerospace parts manufacturing market generated a revenue of USD 22,745.9 million in 2023 and is expected to reach USD 27,584.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 2.8% from 2024 to 2030.
- In terms of segment, aircrafts manufacturing was the largest revenue generating product in 2023.
- Avionics is the most lucrative product segment registering the fastest growth during the forecast period.
Aerospace parts manufacturing market data book summary
| Market revenue in 2023 | USD 22,745.9 million |
| Market revenue in 2030 | USD 27,584.3 million |
| Growth rate | 2.8% (CAGR from 2024 to 2030) |
| Largest segment | Aircrafts manufacturing |
| Fastest growing segment | Avionics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Engine, Aircrafts Manufacturing, Cabin Interiors, Equipment, Safety & Support, Avionics, Insulation Components |
| Key market players worldwide | Rolls-Royce Holdings PLC, Safran SA, Woodward Inc, Martinrea International Inc, Eaton Corp PLC, Lockheed Martin Corp, GE Aerospace, MTU Aero Engines AG, RTX Corp, Honeywell International Inc, Mitsubishi Electric Corp, Kawasaki Heavy Industries Ltd, Subaru Corp, IHI Corp, Deutsche Lufthansa AG, Liebherr Group, Hexcel Corp, Ducommun Inc, Rockwell Automation Inc, Spirit AeroSystems Holdings Inc Class A, Panasonic Holdings Corp, Thales, Dassault Systemes SE, Parker Hannifin Corp, Basf SE, Airbus SE, Danaher Corp, Triumph Group Inc, Curtiss-Wright Corp, Magellan Aerospace Corp, Bridgestone Corp |
Other key industry trends
- In terms of revenue, Japan accounted for 2.4% of the global aerospace parts manufacturing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China aerospace parts manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- Philippines is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,874.7 million by 2030.
Japan is focused on encouraging the small and medium scale aircraft manufacturers for the business and commercial aircraft for the technical and economic development of the country. These aircraft are expected to be manufactured using the internally sourced raw materials which is expected to drive the growth of aircraft parts manufacturing in the country.
In addition, the strategic industry development initiatives with multiple levels of government are offering subsidies and other assistance to suppliers to capture the maximum value in technological advantage.
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Publish Date: Apr 01, 2026
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Aerospace Parts Manufacturing Market Scope
Aerospace Parts Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mitsubishi Electric Corp | View profile | 149,134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | www.mitsubishielectric.com |
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Bridgestone Corp | View profile | 125,199 | 1-1-3 Kyobashi, Chuo-ku, Tokyo, Japan, 104-8340 | www.bridgestone.co.jp |
| Panasonic Holdings Corp | View profile | 230,025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | holdings.panasonic |
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
| Rockwell Automation Inc | View profile | 29,000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | www.rockwellautomation.com |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Danaher Corp | View profile | 63,000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | www.danaher.com |
| RTX Corp | View profile | 185,000 | 1000 Wilson Boulevard, Arlington, VA, United States, 22209 | www.rtx.com |
| Parker Hannifin Corp | View profile | 62,730 | 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 | www.phstock.com |
Japan Aerospace Parts Manufacturing Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Aerospace Parts Manufacturing Market Outlook will help companies and investors design strategic landscapes.
Aircrafts Manufacturing was the largest segment with a revenue share of 62.35% in 2023.
Horizon Databook has segmented the Japan aerospace parts manufacturing market based on engine, aircrafts manufacturing, cabin interiors, equipment, safety & support, avionics, insulation components covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is focused on encouraging the small and medium scale aircraft manufacturers for the business and commercial aircraft for the technical and economic development of the country. These aircraft are expected to be manufactured using the internally sourced raw materials which is expected to drive the growth of aircraft parts manufacturing in the country.
In addition, the strategic industry development initiatives with multiple levels of government are offering subsidies and other assistance to suppliers to capture the maximum value in technological advantage.
- Japan Aerospace Parts Manufacturing Market Product Outlook (Revenue, USD Million , 2018-2030)
- Engine
- Aircrafts Manufacturing
- Cabin Interiors
- Equipment, Safety & Support
- Avionics
- Insulation Components
- Japan Aerospace Parts Manufacturing Market Aircraft Outlook (Revenue, USD Million , 2018-2030)
- Commercial
- Business
- Military
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Aerospace Parts Manufacturing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Aerospace Parts Manufacturing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Japan Aerospace Parts Manufacturing Market, 2018-2030 (US$M)
Japan aerospace parts manufacturing market statistics, by product, 2018-2030 (US$M)
