The electronics industry is a key growth sector for Singapore, with opportunities for employment, niche exports and investments across research and development (R&D), design, manufacturing, and distribution services.
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Internet of Things (IoT)
The demand for consumer electronics is increasing as a result of a growing middle class and lifestyle preferences. Ride this increased demand to capture new growth opportunities.Singapore companies on this trend:
- Rapsodo, a sports analytics tech company, develops portable monitors which provide data-driven insights for users in the fields of golf, baseball, and softball to improve their performance.
- igloocompany is a smart access company which develops smart locks and lock boxes. With the proprietary algoPIN™ technology, the smart locks allow owners to grant access to visitors remotely, via time-sensitive PIN codes or bluetooth keys.
The Internet of Things (IoT) is driving an increasingly interconnected world. IoT refers to a network of objects embedded with sensors and software to connect and exchange data over the internet.
Take advantage of the opportunities that can be unlocked with AI and IoT, to enhance performance for consumer and industrial applications.Singapore companies on this trend:
- Xjera Labs provides visual analytics AI solutions for its clients. Their applications include security monitoring, smart car park management and automated checking of manufacturing defects.
- Meridian Innovation develops low-cost thermal imaging chips with numerous applications, such as enhanced biometric verification for mobile phones, or smart microwaves that can optimise food preparation.
Get recognised for consistent quality through standards
Adopting standards is an effective way for your company to maintain consistent quality, build customer trust and gain acceptance in global markets.
Use recognised standards for your business and assure your customers that you have met local and international benchmarks for good quality.
Is your business staying competitive?
The refreshed Electronics ITM 2025 seeks to ride the global growth momentum and strengthen Singapore’s position as a key manufacturing and R&D hub for higher value-added electronic components.
In 2020, the Electronics sector generated S$34 billion in value-add (VA) and employed 64,900 workers. It is the largest contributor to manufacturing output in Singapore. The industry is expected to achieve a VA growth of 7.6 percent to S$50 billion and introduce 5,200 new PMET jobs by 2025.
Ways to expand your business in electronics
Find out more about the key markets for electronics and how you can reach them through the right networks and resources.
Upgrade your business capabilities with our tools and stay up to date on the latest electronics news.
Work closely with industry associations and partners to grow your business in electronics.