|  The Asia Pacific aerospace industry has made remarkable strides over the past decade given the positive economic growth across the region. Singapore has become an industry leader by carving out its own niche market within the Asian aerospace industry. Singapore has become the region's aerospace hub, a leader in aerospace maintenance, repair, and overhaul (MRO) services, and has promoted significant investment in research and development (R&D). Given Singapore's strong position in the industry, and home to many aviation base operations, incentives for American firms to enter the Greater Asia aerospace market have increased. Aerospace Market
Post COVID-19, Singapore is expected to continue growing strongly due to the significant growth levels expected within the region. MRO services are foreseen to remain the largest segment of growth in the Singapore aerospace industry. As in previous years prior to the COVD-19 pandemic, engine overhaul is anticipated to make up the largest portion of MRO spending, generating possibly under half of the MRO market. Activities such as line maintenance and component overhaul and repair, would also expect to contribute to the market growth. In addition, rapid technology advances and digitalization are also changing the complexion of manufacturing. New market segments, including the unmanned aerial systems (UAS), have emerged. These industry trends will transform existing aerospace jobs and create new skilled jobs in areas such as data science, additive manufacturing design and robotics engineering. The growth trend represents opportunities across the value chain in manufacturing, MRO and aftermarket services.
Defense
With continued regional tensions caused by the South China Sea disputes and the yet to be resolved relationship between the US and China, combined with the presence of transnational terrorism, cyberattacks and maritime piracy, demand for defense equipment in Singapore is expected to increase, making Singapore's defense market more appealing. In particular, demand for high-tech, high-end equipment continues as the primary impetus in keeping the relatively small Singapore Armed Forces (SAF) with the best-in-class equipment. As such, Singapore's defense expenditure is expected to increase over the immediate years ahead, which will augur well for the local defense industry and provide greater opportunities to foreign defense suppliers in selling their wares to the SAF.
Space
Singapore has arguably one of Asia's largest and most diverse eco-systems with over 130 aerospace players. It also hosts a growing satellite industry with more than 30 firms, which includes leading players like SES and Inmarsat and space start-ups like Astroscale.
Singapore has launched 13 small satellites since 2011, and ongoing partnerships with companies and research institutions aim to further develop its small satellite capabilities and create new space applications and services. The Office for Space Technology and Industry (OSTIn) at the Singapore Economic Development Board spearheads the country's efforts in fostering a vibrant space industry where companies can capture opportunities arising from New Space trends.
Upcoming Events:
For companies seeking in-person opportunities to enter the Singapore market, there are several upcoming events of interest:
- Singapore Airshow 2022: The biennial event is Asia's largest and most influential international aerospace and defense exhibition for stakeholders to forge strategic alliances, collaborate for change to shape the future of global aviation industry. The event will take place in Singapore, Feb15-18, 2022.
- Global Space and Technology Convention: Asia's premier space and technology event, bringing the latest technology news, what's hot in the satellite scene and space technology. The event will be held in Singapore, Feb 8-10, 2022.
- IMDEX Asia: Asia Pacific's leading naval and maritime defense show scheduled for April 25-27, 2023 in Singapore.
- Rotorcraft Asia & Unmanned Systems Asia: Scheduled for April 25-27, 2023, the event brings together the convergence of rotorcraft and unmanned sectors and fosters an exchange of knowledge and synergies to elevate mobility solutions in the booming Asia Pacific market.
We are located in U.S. Embassies & Consulates worldwide and major U.S. cities across the country. Contact us to learn more about how we can assist your exporting business.  | | Meet Haw Cheng NG, Aerospace & Defense Commercial Specialist
U.S. Embassy - Singapore
Hawcheng.Ng@trade.gov |  | | | Engage with Southeast Asian Aerospace and Government Leaders through the U.S.-Southeast Asia Aviation Cooperation Program Following the COVID-19 pandemic, the Southeast Asian aviation market will be primed for growth, and U.S. companies can help catalyze that growth by leveraging a variety of policy tools and assistance programs the USG provides, including the USTDA-led U.S.-Southeast Asia Aviation Cooperation Program (SEA ACP). The SEA ACP is a public-private partnership that works with aviation stakeholders in Southeast Asia to design programs that promote technical, policy and commercial cooperation in civil aviation. U.S. Government participants include the U.S. Trade and Development Agency, Federal Aviation Administration, U.S. Department of Transportation, Transportation Security Administration, and U.S. Department of Commerce. The SEA ACP: - Enables Southeast Asian governments and local industry to engage directly with U.S. companies to learn best practices and gain critical aviation expertise
- Promotes safe and secure airspace through training on international standards and aviation best practices
- Provides a cooperative framework for government interaction between Southeast Asian countries and U.S. government partners
The SEA ACP is a tool for U.S. companies to work with the U.S. government to address civil aviation needs in Southeast Asia and support sustainable, safe, and secure infrastructure. U.S. companies drive aviation growth and investment through membership in SEA ACP and by participating in SEA ACP workshops, training, technical assistance, and reverse trade missions. For more information and to see current activities see: U.S.-Southeast Asia ACP Direct questions on the SEA ACP to: Luke.Yanos@trade.gov - U.S. - Southeast Asia Aviation Workshop Series
Workshop No. 4: Aircraft and Avionics Workshop
Dec. 9, 2021, On-line
This USTDA-funded virtual workshop will bring together government officials and industry experts to discuss new technologies and maintenance requirements for aircraft and avionics. Attendees will hear directly from U.S. government officials and industry about best practices for connecting with U.S. aviation companies to address local aviation needs and enable effective and safe national air transportation systems. Contact Luke Yanos with questions. Click here for registration and more information. - Asia Global Chat - Virtual
Meet virtually one-on-one with the following U.S. Embassy Commercial Aerospace & Defense Industry Specialists during the month of January 2022. Discuss market trends, potential partners and best market prospects for your product or service in Asia. Sign-up now...
Australia
Brunei
China, Hong Kong
India
Indonesia | Japan
Korea
Malaysia
Myanmar
New Zealand | Philippines
Singapore
Taiwan
Thailand
Vietnam |
Contact Frantz Eyssallenne with questions. - Aerospace & Defense Supplier Summit - Webinars
The supply chain event that brings together aerospace and defense primes, tier suppliers and contract-manufacturers. Engineering, procurement, supply chain, fabrication, commodity teams, suppliers and service providers will meet through pre-arranged one-on-one meetings.
Join one of two information webinars to learn more about this exciting event
.
- Session I: December 1, 2021, Sign-up
- Session II: January 27, 2022
Contact Diane Mooney with questions. - Canada, Dec. 9, 2021
USCAN Connect
- Orlando, FL, Jan. 10-12, 2022
SPACECOM - Philippines, Jan. 19-20, 2022
Asia Defense and Security (ADAS) - Japan, Jan. 26-28, 2022
DSEI - Singapore, Feb. 8-10, 2022
Global Space and Technology Convention - Singapore, Feb. 15-20, 2022
Singapore Airshow - Saudi Arabia, Mar. 6-9, 2022
World Defense Show - India, Mar. 10-13, 2022
DefExpo India - Malaysia, Mar. 28-31, 2022
Defense Services Asia (DSA) - Chile, Apr. 4-8, 2022
FIDAE - Seattle, WA, Apr. 11-13, 2022
Aerospace & Defense Supplier Summit - Romania, May 18-20, 2022
Black Sea Defense, Aerospace and Security (BSDA) - France, Jun. 13-17, 2022
Eurosatory - Germany, Jun. 22-25, 2022
Innovation and Leadership in Aerospace (ILA) - U.K., Jul. 18-22, 2022
Farnborough - Thailand, Aug. 29 - Sep. 1, 2022
Defense Security - Poland, Sep. 6-9, 2022
International Defense Industry Exhibition (MSPO) - South Africa, Sep. 21-25, 2022
Africa Aerospace & Defense (AAD) Our mission is to increase U.S. exports, enhance job creation, strengthen national security, promote and protect U.S. commercial interests abroad, and deliver customized solutions to ensure that U.S. businesses compete and win in the global marketplace. Export assistance is provided to U.S. companies who manufacture goods and/or provide services of at least 51% U.S. content. We assist companies in the following areas: International Trade Counseling, Business Matchmaking, Market Intelligence, Customized Services, and much more. Contact Us to find your local International Trade Specialist. Please direct newsletter questions to Erica Ramirez at Erica.Ramirez@trade.gov. View as a webpage |  | | Advocacy in Action | In 2021 The Advocacy Center Helped U.S. companies WIN BIG! U.S. Companies won foreign government contracts in 57 countries for $16Billion!
These contracts support thousands of jobs across the U.S. and boast incredible U.S. technology and innovation being deployed around the world. 25% of active advocacy cases are supporting SME businesses - Contact us to learn how we can help your company.  Click to learn about trillions of dollars in foreign government procurement opportunities. | | Resource
Guides |  | | Export
Statistics | Monthly U.S. Civil Aircraft, Engines, and Parts Exports Exports (billions, USD) | Aug. 2021 | 6.50 | | Jul. 2021 | 6.95 | | Jun. 2021 | 7.89 | | May 2021 | 5.79 | | Apr. 2021 | 6.64 | | Mar. 2021 | 6.01 | | Feb. 2021 | 4.60 | | Jan. 2021 | 4.87 | | Dec. 2020 | 6.02 | | Nov. 2020 | 5.27 | | Oct. 2020 | 6.07 | | Sep. 2020 | 5.31 | Top 10 U.S. Civil Aircraft, Engines, and Parts Export Destinations
(August 2020 - July 2021) 12-Month Total Exports (billions, USD)
| Germany | 7.81 | | France | 6.0 | | Canada | 5.91 | | U.K. | 5.56 | | Brazil | 5.18 | | China | 4.75 | | Singapore | 3.75 | | Mexico | 3.39 | | Japan | 3.11 | | Taiwan | 1.78 | | UAE | 1.37 | | Turkey | 1.34 | | Hong Kong | 1.08 | | Netherlands | 1.01 | | Chile | 0.91 | | Australia | 0.86 | | Italy | 0.82 | | South Korea | 0.76 | | Spain | 0.76 | | Qatar | 0.76 | | ROW | 13.62 |  | | Join the Aerospace & Defense Exporter mailing list. | | | | | |
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