Since the 1990s, Singapore's aerospace industry has been enjoying a steady double-digit growth. Over 100 aerospace companies have established their presence here, propelling Singapore to become the most comprehensive aircraft Maintenance, Repair and Overhaul (MRO) location in Asia. The island nation makes up about a quarter of the region's MRO market, employing over 19,000 people.
Aerospace companies choose to be based in Singapore for reasons such as the country's productivity standards, its highly-developed infrastructures, efficient logistics, big pool of workforce having the right skills, strategic location in the region, and close proximity to customer base and business partners.
Realising the growth potential in this industry, Singapore is building itself into a major centre for the maintenance, repair and overhaul of aircrafts and components in the region. Some of the leading players in the industry who have established a firm presence in Singapore include:
Goodrich Aerostructure, Thales Solutions Asia, Nordam Singapore, Hamilton Sundstrand, Diethelm Keller and Windsor Airmotive in Changi North; and
GE Aviation Service Operations, Airfoil Technologies International, Pratt & Whitney, Combustor Airmotive Services, International Aerospace Tubes – Asia, Honeywell Aerospace Singapore and Messier Services Asiain Loyang; and
Rolls-Royce, ST Aerospace, Bombardier, Pratt & Whitney, Jet Aviation, Hawker Pacific, Fokker Services, MAJ Aviation, Air Transport Training College, Eurocopter, Bell Helicopter and Cessna Aircraft Company and Wah Son Engineering at Seletar Aerospace Park.
- Home to over 100 aerospace companies
- Leading position in MRO with nose-to-tail MRO services
- Contributes 25% of Asia-Pacific MRO market
- Achieved compound annual growth rate of 10% since the 1990s
- Achieved a total output of over S$7.9 billion in 2011
- Employed over 19,000 people