Aerospace market in Singapore

Singapore's aerospace market is a dynamic and strategically important sector, making a significant contribution to the country's economy and global standing. Canada has a major presence in Singapore’s Aerospace market, with companies like Bombardier and CAE inc. already operating in the country. 

Key opportunities for Canadian aerospace companies in Singapore

  • Advanced manufacturing and smart factories
  • Sustainable aviation and clean fuel
  • Advanced air mobility (AAM)
  • Talent development and education

Industry highlights

CAD 4B in GDP value-add by 2025

Over 22,000 jobs supported

Over 130 companies engaged in maintenance, repair and operation (MRO)

Over 10% of global MRO output is derived in Singapore

14% CAGR in 2024

CAD 6B market value in 2024

Notable challenges for Canadian aerospace companies in Singapore

  • Talent shortages
  • Sustainability pressures
  • Global competition
  • Technology adoption

Singapore's business landscape

Singapore has a dynamic and open business landscape that values partnership and innovation to boost the economy.  The Aerospace sector is a key driver bothfor both employment andGDP. Due it’s economic significance, the Aerospace sector is receives strong support from the Government of Singapore.

Summary

Singapore is an attractive market for Canadian Aerospace Companies, particularly those working in the MRO and support sectors.

For more information on Aerospace in the Singapore market, please contact Trade Commissioner, Andrew Threlfall (andrew.threlfall@international.gc.ca) - Aerospace.

Additional Information

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