Market News

According to the International Economic Forecasting Agency, the global economic growth of this year (2020) is almost the same as the growth rate of 2019. However, the impact of the covid-19 may affect the economy of various countries in the short term and even impact the industrial supply chain. The current situation of the international economy and explain the possible influence factors of the recent development of the North American market, including the US-Canada-Mexico Agreement, the US-Japan Agreement, the US-China trade war, etc., and then the development of the supply chain changes explore the outlook for the North American market.

2020 is a year of global economic challenges. The United States has the worst epidemic in the world, ethnic conflicts, and political turmoil, but US stocks have soared. After the epidemic and ethnic conflicts, when and how will the US economy restart?

The global market for Packaging Machinery is projected to reach US$51.5 billion by 2025, driven by the economic value generated by packaging for industrial and consumer goods; and the growing interests in robotic packaging automation against a backdrop of growing competition in the Fast-Moving Consumer Goods (FMCG) industry and the ensuing pressure to accelerate time-to-market.

How to choose the rise of India's manufacturing industry and whether it can accelerate its growth will determine whether Taiwan's machine tool industry can find a new blue ocean in South Asia as expected.

Japan is the third country in the world to establish a machine tool industry and realize industrialization after the United States and Germany.

An issue closely related to the smart factory debate concerns the position occupied by industrial production in overall social relationships; in other words, the relationship between factory and society, within which there is a new reflection on the relationship between factories and urban spaces, cities.

From January to June 2020, Vietnam's industrial production index increased by 2.71% compared to the same period last year (2019).

Industry 4.0 has brought about changes in production logic. Through cloud technology and the use of big data, it is possible to monitor the entire production process, automatically detect problems and eliminate obstacles, and at the same time be able to accurately produce and schedule resources, reduce costs and waste of resources, and achieve the most efficient Production. In the future, the new trend of Industry 4.0 will tend to analyze huge amounts of data and manufacture customized products close to the client.

The ASEAN countries' economy is growing stronger, and it is expected to leap into the world's fourth-largest economy in 2030. Taiwan has geographical advantages and is actively developing a south-facing economic island chain.

In 2019, the global machine tool is facing a severe test, and the market prosperity is not ideal.