Aerospace Industry in Singapore

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Thales Technology Centre Singapore June 2009 Overview of the Aerospace Overview of the Aerospace Industry in Singapore Industry in Singapore

Transcript of Aerospace Industry in Singapore

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Overview of the Aerospace Overview of the Aerospace Industry in SingaporeIndustry in Singapore

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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

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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

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… Thank You