Singapore is a potential market for the manufacture of commercial aircraft parts and MRO services. Currently, there is no company in Singapore that manufactures complete commercial aircraft. Therefore, the country relies on the import of commercial aircraft from other regions such as North America and Europe. However, there are some vendors in Singapore that manufacture commercial aircraft parts for Airbus SAS, The Boeing Co., and Embraer SA. The country has a major share of the MRO in the APAC region. Singapore Technologies Engineering Ltd. and SIA Engineering Co. Ltd. are the major players in the MRO market and it is expected that the MRO market will increase in the future due to the increase in traffic.... Research Beam Model: Research Beam Product ID: 17397 2500 USD New
Commercial Aircraft Market in Singapore 2014-2018

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Commercial Aircraft Market in Singapore 2014-2018

 
  • Category : Automotive and Transportation
  • Published On : December  2013
  • Pages : 60
 
 

Singapore is a potential market for the manufacture of commercial aircraft parts and MRO services. Currently, there is no company in Singapore that manufactures complete commercial aircraft. Therefore, the country relies on the import of commercial aircraft from other regions such as North America and Europe. However, there are some vendors in Singapore that manufacture commercial aircraft parts for Airbus SAS, The Boeing Co., and Embraer SA. The country has a major share of the MRO in the APAC region. Singapore Technologies Engineering Ltd. and SIA Engineering Co. Ltd. are the major players in the MRO market and it is expected that the MRO market will increase in the future due to the increase in traffic.

The Commercial Aircraft market in Singapore is expected to grow at a steady rate during the forecast period. The manufacturing of aircraft parts has gained momentum in recent years, and the demand for aircraft parts is expected to increase in the coming years. The Commercial Aircraft Parts Manufacturing market in Singapore is expected to grow at a CAGR of 14.35 percent, and the MRO market in Singapore is expected to grow at a CAGR of 8.19 percent during the forecast period.

 

Source: TechNavio Analysis

There are several factors driving the growth of the Commercial Aircraft market in Singapore. One such factor is the increase in the demand for aircraft parts manufacturing. Rising air passenger traffic is expected to fuel the domestic aircraft parts manufacturing activities in the country. Another major driver in the market is the rising demand for LCCs that leads to higher demand for commercial aircraft in Singapore.

Despite the presence of the growth drivers, the Commercial Aircraft market in Singapore is facing a few challenges. One of the key challenges is heavy reliance on the import of commercial aircraft. There is no company in Singapore that manufactures a complete commercial aircraft, which forces domestic airline companies to rely on the import of commercial aircraft. 

Despite the presence of these challenges, the Commercial Aircraft market in Singapore is witnessing some emerging trends. One of the key trends is the increase in demand for MRO facilities. Many companies are expanding their current MRO facilities, and some companies are planning to set up new MRO facilities in Singapore. Another trend in the market is the adoption of open skies policy that will improve the growth of MRO services in Singapore.



 


01. Executive Summary

02. List of Abbreviations

03. Scope of the Report


03.1 Commercial Aircraft Market in Singapore

03.2 Commercial Aircraft Parts Manufacturing Market in Singapore

03.2.1 Gas Turbine Engines

03.2.2 Landing Gears

03.2.3 Windows and Windshields

03.2.4 Lighting

03.2.5 Structure

03.2.6 Other Parts

03.3 MRO Market in Singapore

03.3.1 Engine Services

03.3.2 Airframe Services

03.3.3 Component Services

04. Market Research Methodology

04.1 Market Research Process

04.2 Research Methodology

05. Introduction

06. Market Landscape


06.1 Industry Overview

06.1.1 Singapore: Market Snapshot

06.2 Five Forces Analysis

07. Macroeconomic Indicators in Singapore

08. Commercial Aircraft Market in Singapore


08.1 Market Overview

09. Commercial Aircraft Parts Manufacturing Market in Singapore

09.1 Market Overview

09.2 Supply Chain Analysis

09.3 Market Size and Forecast

09.4 Manufacturing Clusters of the Aircraft Parts Market in Singapore

10. MRO Market in Singapore

10.1 Market Overview

10.2 Supply Chain Analysis

10.3 Market Size and Forecast

10.4 Service Offering of MRO in Singapore

10.5 MRO Services by Types

11. Key Market Activities

11.1 Air Route of Singapore-Jakarta—One of the World's Fastest Growing Air Routes

11.2 Singapore Airlines Ordered 50 A350XWB Aircraft

11.3 Vector Aerospace Planning to Open an MRO Facility in Singapore

11.4 Tata Joined Hands with Singapore Airlines to Start New Airlines in India

11.5 Changi International Airport Awarded the Best Airport in 2013

11.6 Some Major Airlines in Singapore

11.7 Some Major Airports in Singapore

12. Training Institutes in Singapore

13. Market Growth Drivers

14. Drivers and their Impact

15. Market Challenges

16. Impact of Drivers and Challenges

17. Market Trends

18. Trends and their Impact

19. Vendor Landscape


19.1 Competitive Scenario

19.2 Major Players in the Commercial Aircraft Market in Singapore

19.3 Other Prominent Vendors

19.4 Industry Associations

20. Key Vendor Analysis

20.1 Index Precision Industries Pte Ltd.

20.1.1 Business Overview

20.1.2 Business Segmentation

20.1.3 Key Information

20.1.4 SWOT Analysis

20.2 SIA Engineering Co. Ltd.

20.2.1 Business Overview

20.2.2 Business Segmentation

20.2.3 Key Information

20.2.4 SWOT Analysis

20.3 Singapore Aerospace Manufacturing Pte Ltd.

20.3.1 Business Overview

20.3.2 Business Segmentation

20.3.3 Key Information

20.3.4 SWOT Analysis

20.4 Singapore Technologies Engineering Ltd.

20.4.1 Business Overview

20.4.2 Business Segmentation

20.4.3 Key Information

20.4.4 SWOT Analysis

21. Other Reports in this Series



List of Exhibits

Exhibit 1: Market Research Methodology

Exhibit 2: Aircraft Manufacturing Market Segmentation

Exhibit 3: Commercial Aircraft Parts Manufacturing Market and MRO Market in Singapore

Exhibit 4: Supply Chain of the Commercial Aircraft Parts Manufacturing Market in Singapore

Exhibit 5: Commercial Aircraft Parts Manufacturing Market in Singapore 2013-2018 (US$ million)

Exhibit 6: Manufacturing Clusters of the Aircraft Parts Market in Singapore

Exhibit 7: Supply Chain of the MRO Market in Singapore

Exhibit 8: The MRO Market in Singapore 2013-2018 (US$ million)

Exhibit 9: Service Offering of MRO in Singapore

Exhibit 10: MRO Services by Types

Exhibit 11: Airport in Singapore

Exhibit 12: Passenger Traffic at Changi International Airport (in millions)

Exhibit 13: Impact of Increase in Air Traffic

Exhibit 14: Current Fleet of Major Airlines in Singapore

Exhibit 15: Business Segmentation of Index Precision Industries Pte Ltd.

Exhibit 16: Business Segmentation of SIA Engineering Co. Ltd.

Exhibit 17: Business Segmentation of Singapore Aerospace Pte Ltd.

Exhibit 18: Business Segmentation of Singapore Technologies Engineering Ltd.