INGENIEUR
Figure 3: Aerospace Industry major focus areas (Source: MiGHT, 2015)
In March 2015, The Malaysian Aerospace
Industry Blueprint 2030 was launched. The
Blueprint was developed by MiGHT. It has set
a vision for Malaysia to be the number one
aerospace nation in South East Asia and be an
integral part of the global market by the year
2030. Some local aerospace companies such as
SME Aerospace, CTRM Aero Composite, Airod, and
UMW Aerospace, have already been successfully
involved in the global aerospace supply chain.
The presence of large global companies has
also benefited local companies. One such firm is
UMW aerospace. The company is the first Asian
business to manufacture fan cases for Rolls
Royce. Rolls Royce is helping the company develop
its capability in precision hard metal machining.
Aerospace technology is transitioning UMW Group
into high-value manufacturing.
Among locally manufactured aerospace
products for export are fan cowlings, fan casings,
thrust reversers, forward leading edge structures,
aircraft doors, avionics equipment and carbon
brakes.
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Globally, the high demand for commercial
aircraft will spur growth not only to plane
manufacturers but also to a range of supporting
parts and service suppliers, a field in which
Malaysia is now a significant player. Figure 4
shows the increase in revenue and exports of
aircraft parts and components between 2014
and 2018. The country’s exports of aircraft parts
and components have more than tripled from
RM2.88 billion in 2014 to a record high of RM8.48
billion in 2018. The growth is mainly driven by the
expansion of aerospace manufacturing activities.
Export grew by 20.7% last year.
MiGHT suggested that KPIs should be set
in line with the Aerospace Blueprint 2030. The
goal of the Blueprint is to establish Malaysia as
the number one aerospace nation in South East
Asia. For the five sectors identified by the National
Aerospace Industry Co-ordination Office (NAICO),
namely MRO, aero-manufacturing, system
integration, engineering and design services, and
education and training, targets are set mostly in
global market share. Figure 5 summarises the