Why Japan Aerospace 2021?

Japan is the largest aerospace industrial market in Asia, with a current aerospace production value in excess of 2 trillion YEN. Starting with the licensed production of defense aircraft, satellites and launch vehicles, the Japanese aerospace industry has built its own capabilities in indigenous development.

 

Although the Japanese aerospace industry is still relatively small compared with the automobile, home electronic and computer industries, it shows a huge potential for growth in the near future as a qualified partner in the global aerospace industry.

In the defense sector, Japan adopted new principles and guidelines for arms exports, the first major overhaul of its arms embargo policy in nearly half a century. Japan will now allow arms exports only if they serve the purpose of contributing to international cooperation and its security interests. Stable production is expected on the defense side in line with increased Defense Ministry’s procurement related to mass production of the P-1 maritime patrol aircraft, C-2 transport aircraft, and the F35 fighter. With 2018 Defense budgets higher than ever, Japan’s growth potential is huge in the near future as a qualified partner in the global aerospace industry.

 

Why Exhibit in the USA Partnership Pavilion?

Japan’s strategic alliance and deep economic integration with the USA continues to present opportunities for cutting edge and evolving sectors including space, defense, and security. Related growth sectors include defense procurement, advanced manufacturing, and cyber security solutions.

 

In the civil aircraft market, Japanese manufacturers such as Mitsubishi Heavy Industries (MHI), Kawasaki Heavy Industries (KHI), and Fuji Heavy Industries (FHI), supply about 35% of the content for the Boeing 787 and 21% of the Boeing 777. Thus, the aerospace business on the commercial side is influenced by the success of Boeing programs.

The United States is the world's leading military and defense supplier and well-positioned with technology and trade policy to increase its share of the growing 2018 defense budgets in Japan. The recent passing of legislation that would permit Tokyo to dispatch their Self-Defense Forces overseas and strengthen ties with the U.S. military and American allies gives American exhibitors a market advantage at Japan Aerospace 2018. Japan’s defense spending continues to be driven by concerns about North Korea and Chinese maritime activities.

Working hand-in-hand with the American Embassy in Tokyo, as well as other government stakeholders, the upcoming edition of the USA Partnership Pavilion will feature onsite events and networking opportunities, a robust delegation program, and a U.S. VIP reception bringing exhibitors together with civil/military aviation decision-makers from around the world.

 

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