Japan aviation industry will see the considerable growth of 2.1% during the forecast period. The technological advancements in the aviation Japan’s sector are presenting various new opportunities for the airline companies to expand their businesses. Additionally, increasing production of domestic passenger aircraft and various finished products including environmentally compatible engines, next-generation supersonic aircraft, safe flight control, and unmanned aircraft in the country will significantly drive Japan’s aviation industry. Moreover, key market players in the aviation industry including Mitsubishi Heavy Industries manufacture and supply various parts such as primary wings to the US Boeing Company. This has significantly contributed to the growth of Japan’s aviation industry.
Browse the full report description of "Japan Aviation Market Size, Share & Trends Analysis Report by Type (Passenger Airlines, Cargo Airlines, Aircraft Manufacturing, Airport Management, and Catering & Other Services), Impact of COVID-19 on Japan Aviation Industry, and Forecast Period 2019-2025" at https://www.omrglobal.com/industry-reports/japan-aviation-market
However, the spread of the COVID-19 outbreak has severely affected the growth of the Japanese aviation industry. Key aviation industry players in Japan such as All Nippon Airways (ANA) and Japan Airlines (JAL) had to cut a large number of flights. In addition to this, various overseas airlines had also suspended their services to Japan. These aforementioned reasons have severely affected Japan’s aviation industry during the pandemic. Moreover, companies are taking necessary precautions while slowly resuming their operations. For instance, JAL announced revisions to its flight frequency plans for June 2020 which include a reduction of approximately 96% of its international services till 30 June 2020. Most of the company’s in Japan including JAL, while reducing commercial passenger flights are continuing to operate cargo-only flights on selected routes. This will significantly aid in keeping the businesses moving across the globe.
Market Coverage
|
Study Period |
2018-2025 |
|
Base year |
2018 |
|
Forecast period |
2019-2025 |
|
Segments Covered |
By Type |
|
Key Companies Profiled |
All Nippon Airways, Japan
Airlines Co., Ltd, Jetstar Japan Co., Ltd., Qatar Airways, and Skymark
Airlines Inc. |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID-19
o Most affected segment
o Recommendations
Japan Aviation Market – Segmentation
By Type
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