Consisting of over 100 companies offering a comprehensive range of aerospace design and manufacturing services as well as Maintenance, Repair and Overhaul (MRO) services, Singapore is the leading Asian aerospace hub with the greatest number of aerospace Original Equipment Manufacturers (OEMs) present. Singapore has also captured over 20% of the Asia-Pacific MRO market and has established a leading position as a convenient one-stop location for all aircraft maintenance needs.
Leading local players such as ST Aerospace and SIA Engineering Company Ltd offer comprehensive nose-to-tail airframe MRO services and are among the top 5 Airframe MROs in the world in 2008 based on the total airframe man-hours by the corporate entities. Singapore is also host to major engine overhaul centres, with all three engine OEM majors (GE Aviation, Pratt & Whitney and Rolls-Royce) represented.
Employing over 19,000 people and with a compounded annual growth rate of 12% since 1990, Singapore’s aerospace industry is an integral economic driver. In 2011, the industry recorded revenues of nearly S$7.9 billion.