Aerospace & Defense in Singapore

December 2025 | 43 pages | ID: A4FC22399E15EN
MarketLine

Abstracts

Summary

Aerospace & Defense in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Market size of the aerospace & defense sector includes the sum of the revenues generated from military signed deals that remain under contract and new contracts signed within a particular calendar year.
• The Singaporean aerospace & defense sector recorded revenues of $1.3 billion in 2024, representing a compound annual growth rate (CAGR) of 7.7% between 2019 and 2024.
• The military aircraft segment accounted for the sector's largest proportion in 2024, with total revenues of $0.4 billion, equivalent to 33.5% of the sector's overall value.
• In 2024, Singapore accounted for 1.2% share of the Asia-Pacific aerospace & defense sector.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in Singapore
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in Singapore
• Leading company profiles reveal details of key aerospace & defense market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Singapore aerospace & defense market with five year forecasts

Reasons to Buy

• What was the size of the Singapore aerospace & defense market by value in 2024?
• What will be the size of the Singapore aerospace & defense market in 2029?
• What factors are affecting the strength of competition in the Singapore aerospace & defense market?
• How has the market performed over the last five years?
• What are the main segments that make up Singapore's aerospace & defense market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do the key players follow?

8 COMPANY PROFILES

8.1. Singapore Technologies Engineering Ltd
8.2. SIA Engineering Co Ltd
8.3. Airbus SE
8.4. The Boeing Co

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Singapore aerospace & defense sector value: $ million, 2019-24
Table 2: Singapore aerospace & defense sector category segmentation: $ million, 2024
Table 3: Singapore aerospace & defense sector geography segmentation: $ million, 2024
Table 4: Singapore aerospace & defense sector value forecast: $ million, 2024-29
Table 5: Singapore Technologies Engineering Ltd: Key Facts
Table 6: Singapore Technologies Engineering Ltd: Annual Financial Ratios
Table 7: Singapore Technologies Engineering Ltd: Key Employees
Table 8: SIA Engineering Co Ltd: Key Facts
Table 9: SIA Engineering Co Ltd: Annual Financial Ratios
Table 10: SIA Engineering Co Ltd: Key Employees
Table 11: Airbus SE: Key Facts
Table 12: Airbus SE: Annual Financial Ratios
Table 13: Airbus SE: Key Employees
Table 14: Airbus SE: Key Employees Continued
Table 15: The Boeing Co: Key Facts
Table 16: The Boeing Co: Annual Financial Ratios
Table 17: The Boeing Co: Key Employees
Table 18: Singapore Size of Population (Million), 2020-24
Table 19: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 21: Singapore Inflation, 2020-24
Table 22: Singapore Consumer Price Index (Absolute), 2020-24
Table 23: Singapore Exchange Rate, 2019-24

List Of Figures

LIST OF FIGURES

Figure 1: Singapore aerospace & defense sector value: $ million, 2019-24
Figure 2: Singapore aerospace & defense sector category segmentation: % share, by value, 2024
Figure 3: Singapore aerospace & defense sector geography segmentation: % share, by value, 2024
Figure 4: Singapore aerospace & defense sector value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the aerospace & defense sector in Singapore, 2024
Figure 6: Drivers of buyer power in the aerospace & defense sector in Singapore, 2024
Figure 7: Drivers of supplier power in the aerospace & defense sector in Singapore, 2024
Figure 8: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Singapore, 2024
Figure 9: Factors influencing the threat of substitutes in the aerospace & defense sector in Singapore, 2024
Figure 10: Drivers of degree of rivalry in the aerospace & defense sector in Singapore, 2024