Full spectrum of capabilities
Over 2,700 PE firms supply critical products and expertise needed to manufacture complex components and equipment used in industries such as semiconductors, medical technology, marine, offshore and aerospace. Singapore PE companies have a full suite of design, prototyping, production and supply chain management capabilities. Manufacturers can easily find a “total solution” here, rather than to source from multiple suppliers.
The PE industry accounted for 11.8% of Singapore’s total output in manufacturing and 12.5% of total value-added in 20221. Given its crucial role in many other industries, the PE industry has grown steadily over the past decade with a compound annual growth rate (CAGR) of 5.3% and 6% achieved for total output and value-added (VA) respectively.