2019 Global Aerospace and Defense Industry Outlook Global Aerospace and Defense Industry Outlook
Aerospace Industry in Singapore
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Transcript of Aerospace Industry in Singapore
Thales Technology Centre Singapore
June
200
9
Overview of the Aerospace Overview of the Aerospace Industry in SingaporeIndustry in Singapore
Thales Technology Centre Singapore 2
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Confidential
Singapore is the Number 1 MRO Hub in Asia
Singapore contributes US$ 4.6 billion to the Asian Aerospace Industry
79%
21%
Asia Singapore
MRO dominates Singapore Aerospace Industry
90%
10%
MRO Manufacturing
High growth forecasted for aircraft fleet in Asia
0
5,000
10,000
15,000
20,000
25,000
30,000
1 2 3 4
Series1
2008 2030
50% Growth
High Growth forecasted for airliner fleet in Asia
* 2008 figures (preliminary estimates)
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Singaporean SMEs
Singaporean Global MRO
Majors
Singapore provides “nose-to-tail” capabilities
Global Aerospace
Majors
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Singapore Government is targeting the Aerospace Industry as a high-growth pillar of its economy
Attract investments from Global Aerospace Majors
• Rolls-Royce Trent Engine Plant
• Nelco Aerospace Composite Plant
• GE Aviation Service Operations
• Pratt & Whitney MRO Campus
• Goodrich MRO Campus
• ST Aerospace expansion
Build tailored infrastructure –Seletar Aerospace Park
Establish R&D cluster• SERC Aerospace Research Programme
• Support for MNC Aerospace R&D facilities
Singapore adopted a multi-prong approach to build up full value chain cluster targeting aerospace component manufacturing
Association of Association of Aerospace Aerospace Industries Industries SingaporeSingapore
Assist SMEs to compete• Capability Development Programme
• Encourage adoption of AS9100 QMS
• iPartners Programme to promote business alliances
• Bilateral Aviation Safety Agreement (BASA) with FAA
Promote Singapore as Aerospace Hub
• Singapore Air Show
• Aerospace Supplier Conference & Exhibition ASX 2009
Develop engineering talent pool
• Graduating 1000 aerospace professionals per year
• Reinforcing precision engineering education with S$76M initiative
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Seletar Aerospace Park
Integrated aerospace industrial park built around the Seletar Airport• Capitalise on the business aviation airport
• Established aerospace cluster
• 300 hectares of dedicated infrastructure
• Direct access to 1800m runway
• Anchored by major aerospace majors
Rolls-Royce Trent Engine Plant
Pratt & Whitney MRO Campus
ST Aerospace Campus
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SERC Aerospace Research ProgrammeObjectives
Engage the aerospace industry and R&D community in Singapore to drive innovation:
• Carry out pre-competitive research work with strong industry participation
• Sharing of resources & IPRs
• Form value-chains among aerospace, MRO, precision engineering & other aerospace related industries
Aerospace@Aerospace@AA--STARSTAR