THE AEROSPACE MARKET IN ASIA HAS BEEN THE STORY OF remarkable growth, especially over the last decade. This has come across Asia’s transport fleet increasing almost four times, the number of aircraft flying going higher, more industrial players establishing themselves in the region, and more people travelling. AeroDynamic Advisory’s 2018 sizing of the global aerospace industry observed Asia representing 16 per cent of aerospace activity, marking that the rise in aviation has been followed by growth in aerospace activity. Asia as a region has also been noted as a palette of strengths to build on, including an increasingly developed industrial sector, supreme infrastructure, a growing skilled and educated workforce, and world-class position in selected technologies (artificial intelligence, autonomy, sustainable innovations, etc). Asia is also expected to become the largest market for commercial aerospace for in the future.
Singapore has stood out as a focal point for the industry in this region and has witnessed an extraordinary level of air travel especially due to tourism and through one of the finest air shows in Asia, Singapore Airshow (SAS). Singapore has even become a significant global hub for MRO (Maintenance, Repair and Overhaul), distribution and customer support. Hailed as one of the largest aerospace and defence events in Asia, the biennial airshow is returning with its seventh edition. Scheduled to be held at Changi Exhibition Centre from February 11 to February 16, SAS is the melting pot for the leading aerospace companies as well as the budding players who aspire to mark their presence in the international aerospace and defence market. Experia Events, the organizer of the show is expecting over 65 of the top 100 aerospace and defence companies to participate in the show, the largest in Asia. The previous edition of the show had already set in new records which are expected to be broken with this edition.
Bu hikaye SP’s Aviation dergisinin February 2020 sayısından alınmıştır.
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Bu hikaye SP’s Aviation dergisinin February 2020 sayısından alınmıştır.
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