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.
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.
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.
Affected by the two major economies of the United States and China, global trade trends have subsided, and the Asian economy has also suffered greatly.
The recent epidemic in Europe and the United States has gradually slowed down. Countries have begun to plan to gradually restart economic activities, which will help demand to recover and manufacturing activities in manufacturing will gradually increase.