A civil aircraft flying in the sky has Taiwan-made parts in the 90s; many international airlines have aircraft that have been modified and repaired by Taiwan. Taiwan aerospace industry is booming. With the next 20 years, there will be a global aerospace business opportunity of US$6 trillion.
South Korea is the world's sixth-largest machine tool producer and the world's fifth-largest machine tool consumer, with an average consumption of approximately US$4.33 billion. Among them, nearly 70% of the consumer market's demand is for products provided by local machine tool factories, and only close to 30% of the products must be imported from abroad.
After more than ten years, South Korea has continuously promoted machines to target South Korea smart cities. It has achieved remarkable results in the field of industrial robots and has gradually moved towards commercialization in the field of service robots. Industrial intelligence that enhances industrial competitiveness extends to the realization of the vision of coexisting humans and robots to intelligent life.
Central and Eastern European countries are emerging markets. Among them, Poland, which is located in the transportation hub of Western and Eastern Europe, has the most potential for the development of the manufacturing market.
The US-China trade war has hit the global market. Since the start of the trade war, the US has imposed tariffs on China in three waves, which has also brought out the benefits of transfer orders. Among them, Mexico has benefited the most. The proximity to the United States, tariff-free exports, and cheap labor are opportunities that companies have seen in Mexico in the past. But in the future, the US-Mexico-Canada trade treaty may weaken Mexico's cost advantage.
In recent years, Turkey has become a highly anticipated newly industrialized country with its brilliant GDP growth rate. It has also become Taiwan's third-largest export market for machine tools for many years.
Most of today's machine tool companies are from Germany. As the world's most developed machine tool technology country, the German government has always attached importance to the important strategic position of the machine tool industry, and both basic scientific research and applied technology research.
Observing key trends in the global health care industry, analyzing the current status of global and Taiwan medical device development, and analyzing the growth strategy of Taiwan's medical device industry.
Tool reconditioning is witnessed to be gaining in popularity as companies try to balance cost savings with high worker productivity and project completion rates. Processes like machine tool reconditioning, tool regrinding, and end mill regrinding are all viable options for both large and medium-sized facilities to consider.