| Product Code: ETC282387 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Singapore aircraft engines market, the import trend showed a notable growth rate of 14.28% from 2023 to 2024, with a compound annual growth rate (CAGR) of 15.17% for the period 2020-2024. This import momentum could be attributed to the increasing demand for advanced aircraft technologies and the stable market conditions during this period.
The Aircraft Engines market in Singapore is projected to grow at a growing growth rate of 7.38% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

The aircraft engines market in Singapore is a significant contributor to the country`s aerospace industry. With Singapore strategic location as a hub for aviation maintenance, repair, and overhaul (MRO) activities, the market for aircraft engines remains robust. The demand for efficient and environmentally friendly engines, driven by global aviation trends, will shape the market`s trajectory.
The Singapore aircraft engines market benefits from the country`s strategic location as a global aviation hub. Singapore Changi Airport serves as a major MRO hub, attracting airlines and aircraft operators from around the world. This, in turn, drives the demand for aircraft engines and related services. As airlines seek fuel-efficient and environmentally friendly engines, there is a growing market for advanced and more efficient propulsion systems. Singapore commitment to aviation infrastructure development further supports the aircraft engines market`s growth, positioning the country as a key player in the aerospace industry.
The Singapore aircraft engines market is highly competitive, with global giants dominating the industry. Local manufacturers face challenges in establishing themselves as significant players. They need to focus on research and development to create innovative and fuel-efficient engines while also building strong partnerships with airlines and aircraft manufacturers to gain market share.
The Singapore Aircraft Engines market was hit hard by the COVID-19 pandemic. As airlines reduced their operations and deferred maintenance, the demand for new engines and engine maintenance services plummeted. The grounding of aircraft and the uncertain future of air travel led to delays in engine orders and a backlog of maintenance work. Manufacturers and service providers faced challenges in maintaining their workforce and supply chains. The market is now slowly recovering as air travel rebounds, but it will take time for it to return to pre-pandemic levels.
Prominent players in Singapore aircraft engines market include Rolls-Royce Holdings plc, General Electric Company, Pratt & Whitney, and Safran S.A. These companies are renowned for their advanced aircraft engine technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Aircraft Engines Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Aircraft Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Aircraft Engines Market - Industry Life Cycle |
3.4 Singapore Aircraft Engines Market - Porter's Five Forces |
3.5 Singapore Aircraft Engines Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Aircraft Engines Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Singapore Aircraft Engines Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.8 Singapore Aircraft Engines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Aircraft Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing air passenger traffic and demand for air travel in Singapore |
4.2.2 Growth in the aviation industry and aircraft fleet expansion in the region |
4.2.3 Technological advancements leading to more efficient and powerful aircraft engines |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with aircraft engines |
4.3.2 Stringent regulatory requirements and safety standards in the aviation sector |
4.3.3 Economic volatility and fluctuations affecting the purchasing power of airlines |
5 Singapore Aircraft Engines Market Trends |
6 Singapore Aircraft Engines Market, By Types |
6.1 Singapore Aircraft Engines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Aircraft Engines Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Aircraft Engines Market Revenues & Volume, By Turboprop, 2021-2031F |
6.1.4 Singapore Aircraft Engines Market Revenues & Volume, By Turboshaft, 2021-2031F |
6.1.5 Singapore Aircraft Engines Market Revenues & Volume, By Turbofan, 2021-2031F |
6.1.6 Singapore Aircraft Engines Market Revenues & Volume, By Piston Engine, 2021-2031F |
6.2 Singapore Aircraft Engines Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Singapore Aircraft Engines Market Revenues & Volume, By Conventional Engine, 2021-2031F |
6.2.3 Singapore Aircraft Engines Market Revenues & Volume, By Electric/Hybrid, 2021-2031F |
6.3 Singapore Aircraft Engines Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 Singapore Aircraft Engines Market Revenues & Volume, By Fixed Wing, 2021-2031F |
6.3.3 Singapore Aircraft Engines Market Revenues & Volume, By Rotary Wing, 2021-2031F |
6.4 Singapore Aircraft Engines Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Singapore Aircraft Engines Market Revenues & Volume, By General Aviation, 2021-2031F |
6.4.3 Singapore Aircraft Engines Market Revenues & Volume, By Business Aviation, 2021-2031F |
6.4.4 Singapore Aircraft Engines Market Revenues & Volume, By Recreational Aviation, 2021-2031F |
6.4.5 Singapore Aircraft Engines Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Aircraft Engines Market Import-Export Trade Statistics |
7.1 Singapore Aircraft Engines Market Export to Major Countries |
7.2 Singapore Aircraft Engines Market Imports from Major Countries |
8 Singapore Aircraft Engines Market Key Performance Indicators |
8.1 Average age of aircraft engines in operation in Singapore |
8.2 Adoption rate of fuel-efficient and environmentally friendly engine technologies |
8.3 Investment in research and development for next-generation aircraft engines |
9 Singapore Aircraft Engines Market - Opportunity Assessment |
9.1 Singapore Aircraft Engines Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Aircraft Engines Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Singapore Aircraft Engines Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.4 Singapore Aircraft Engines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Aircraft Engines Market - Competitive Landscape |
10.1 Singapore Aircraft Engines Market Revenue Share, By Companies, 2024 |
10.2 Singapore Aircraft Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |