Update on the Precision Engineering Industry Transformation Map (PE ITM)
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1 Update on the Precision Engineering Industry Transformation Map (PE ITM) PE COI Conference 18 April 2018 DISCLAIMER EDB provides this presentation (including oral statements) gratuitously for information only and not for any other purpose. While care has been expended in the preparation of this presentation, EDB hereby disclaims all liability include, but not limited to, inaccuracies, incompleteness or lack of suitability for purpose of any information in the presentation.
2 Recap of PE ITM
3 Precision Engineering Industry Transformation Map PE ITM was launched in Oct 2016, in partnership with the government agencies, unions and industry, to enable our companies and workers to benefit from new growth opportunities.
4 Growth opportunities Semiconductor Equipment 2015 Global Market: US$36.5b 2020 Projection: US$51b CAGR 7% Source: SEMI.org Test & Measurement 2015 Global Market: US$20b 2020 Projection: US$30b CAGR 9% Source: Frost & Sullivan Additive Manufacturing 2015 Global Market: US$5b 2020 Projection: US$18b CAGR 30% Source: Wohlers Associates Robotics 2015 Global Market: US$27b 2020 Projection: US$45b CAGR 11% Source: IFR Report Sensors 2015 Global Market: US$80b 2020 Projection: US$128b CAGR 10% Source: BCC Research Lasers & Optics 2015 Global Market: US$32b 2020 Projection: US$47b CAGR 8% Source: Laser Focus World Advanced Materials 2015 Global Market: US$64b 2020 Projection: US$81b CAGR 4.9% Source: Transparency Market Research
5 Positioning our PE industry for growth opportunities Growth Sectors 2014 (Base Year) VA: S$8.9B VA/worker: S$94k 1. Semiconductor Equipment 2. Test & Measurement 3. Lasers & Optics 4. Robotics 5. Additive Manufacturing 6. Advanced Materials 7. Sensors 2020 VA: S$14B VA/worker: S$170k (1) Growth Sectors (2) Advanced Manufacturing (3) Talent
6 Highlights of the PE ITM
7 Growth Sectors: Semiconductor Equipment Singapore s semiconductor equipment output is ~20% of the global market. Growing our ecosystem of equipment companies along the value chain. Lithography Etch & Clean Deposition Process Diagnostics Assembly & Test Strengthening supplier base of key components and contract manufacturers
8 Growth Sectors: Lasers & Optics Partnering our companies to capture growth opportunities (e.g. automation) Aligning our public sector R&D efforts with industry needs Government Industry Researchers Joint effort by EDB and A*STAR to guide our public sector R&D roadmap based on industry needs and feedback.
9 Growth Sectors: Robotics National Robotics Programme Addressing National Imperatives Driving Industry Development Developing Core Robotics Technologies Lead Demand Driven solutions development Enabling Mass Adoption in Singapore National Technology Roadmap Building R&D capabilities Living Labs as Test Beds Promoting innovation & commercialisation Robotics Ready Workforce Robotics Applications Development
10 Growth Sectors: Additive Manufacturing Investing in public sector R&D capabilities to partner industry across various sectors, technology domains and TRLs Partnering lead adopters & certification providers to drive adoption
11 Advanced Manufacturing: Lead adoptors
12 Advanced Manufacturing: Singapore Smart Industry Readiness Index
13 Talent New Entrants Earn & Learn Programme (ELP) Work-learn programme to help employers attract and train fresh local graduates from polytechnics and ITE. Mid-Career Professional Conversion Programme (PCP) Help employers attract and reskill local PMETs in growth and demand areas through external, in-house & OJT training. Skills Development SkillsFuture Series in Advanced Manufacturing Modular courses with basic, intermediate and advanced levels led by IHLs & private providers. Robotics & Automation by TP (Oct 17) IIOT by TP (Oct 17) Advanced Digital Manufacturing by TUM Asia (Oct 17) Engineering (Advanced Manufacturing) by SP (Mar 18) PCP for Complex Equipment Engineer / Assistant Engineer PCP for Component OEM Engineer / Assistant Engineer PCP for Advanced Manufacturing Engineer /Assistant Engineer Industrial Internet of Things (IIOT) Additive Manufacturing Robotics and Automation
14 Thank you. DISCLAIMER EDB provides this presentation (including oral statements) gratuitously for information only and not for any other purpose. While care has been expended in the preparation of this presentation, EDB hereby disclaims all liability include, but not limited to, inaccuracies, incompleteness or lack of suitability for purpose of any information in the presentation.
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