Insights

Japan is one of the leading countries in the machinery industry, with superb machinery manufacturing technology, and the output value of the machinery industry accounts for about half of Japan's overall manufacturing industry.

As discussed in Tech Trends 2019: Beyond the Digital Frontier, technology forces that are increasingly dependent on advanced connectivity capabilities also are reshaping enterprise architecture.

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.

The global economic development is weak in 2019. Events such as the China-US trade war, Brexit, Hong Kong anti-extradition, and Taiwan’s presidential election have greatly increased economic uncertainties.

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?

Ecosystems are built on three layers: infrastructure, intelligence, and engagement.

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.

Sharpening, shaping, buffing, stripping, polishing, these are just a few applications possible with a variable bench grinder.

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