Singapore Aerospace
Singapore is Asia’s leading one-stop solutions provider for aircraft Maintenance, Repair, and Overhaul (MRO) services, accounting for more than 10% of global MRO output. The country’s Aerospace and Defense (A&D) sector is estimated to be valued at approximately $8 billion in 2024 and is projected to double by the end of the decade, representing a compound annual growth rate (CAGR) exceeding 15%. This growth positions the sector as a critical pillar of Singapore’s economy, and a high-value market for U.S. aerospace, defense, and advanced technology companies.
Over the next three to five years, Singapore will continue to prioritize expansion of its aerospace industry, with the MRO segment supported by a robust ecosystem of more than 130 aerospace companies. Collectively, these firms contribute over one-quarter of Asia’s total MRO output, reinforcing Singapore’s status as the region’s premier aerospace hub. Demand for MRO services remains strong as airlines extend aircraft service lives amid persistent delivery delays for new aircraft. Additionally, Singapore serves as a major regional hub for aerospace parts distribution and warehousing. A key challenge facing the industry is the integration of artificial intelligence (AI) and advanced digital solutions to augment the existing workforce and further enhance MRO efficiency and productivity.
To underscore its commitment to long-term sector growth, the Singapore government has introduced several strategic initiatives.
• The Seletar Aerospace Park, spanning more than 300 hectares, is being developed as an integrated aerospace cluster, hosting a wide range of activities including aircraft systems MRO, business aviation, and general aviation services.
• In parallel, Changi Airport Terminal 5 (T5) is scheduled for completion within the next five to ten years and will have the capacity to handle up to 50 million passengers annually, positioning it among the world’s largest airport terminals.
In addition, Singapore is developing a dedicated industrial zone to support airfreight and express operators, as well as MRO activities. This expansion presents significant opportunities for U.S. companies to supply advanced technologies, equipment, and services to Singapore’s aerospace sector. Major industry events, such as the Singapore Airshow 2026, further enhance these opportunities by providing a platform for stakeholder engagement across the aerospace value chain.
The Singapore Airshow 2026, marking its 10th edition, is a biennial event organized by key Singapore government agencies, including the Ministry of Defense. The event is expected to attract approximately 50,000 trade visitors, including high-level government and military delegations, as well as senior executives from the global aerospace and defense industries. It offers unparalleled opportunities for collaboration, partnership development, and deal-making in the region.
Recognized as one of the world’s foremost aerospace and defense exhibitions and among the top five largest air shows globally, the Singapore Airshow 2026 will serve as a critical platform for showcasing cutting-edge technologies, products, and services. Beyond its commercial significance, the Airshow plays an important role in strengthening military-to-military engagement and reinforcing bilateral cooperation between the United States and Singapore, making it a strategically important event for advancing U.S. commercial and defense interests in the Asia-Pacific region.
For more information, please contact Commercial Specialist CHAN Y K at U.S. Commercial Service Singapore.