A hidden important market in the automotive supply chain is the automotive after market (AM) which is used to satisfy after-sales repairs, inspections, maintenance, replacement, or modification services, and is an important part of the automotive supply chain.
Even though global automotive supply chain manufacturers have mostly invested in the development and production of electric vehicles, the old car repair market still remains. As automotive component customer demand has changed, global original car manufacturers (OEMs) are turning to the Taiwan After Market (AM) supply chain to place orders for OEM parts with companies that are originally AM manufacturers.
According to market statistics and estimates, the telemedicine market will be worth 45 billion U.S. dollars in 2019. Affected by the COVID-19 epidemic, the telemedicine market is estimated to have a compound annual growth rate of 19.3% from 2020 to 2026. The scale will grow to 175.5 billion US dollars.
Today’s feature-rich hand tools enable manual operations to be more efficient, comfortable, and safe, thereby increasing productivity, improving work quality, and reducing fatigue and wear.
The prospects of the global construction industry are promising. The main driving forces of market growth are growth of urbanization and population, housing market, and infrastructure.
Artificial intelligence has brought in a new generation of robotics technology: Robotics 2.0. The principal challenge is the transformation from original manual programming methods to true autonomous learning. Faced with this challenge for innovation in AI robotics, how can Taiwan's manufacturing industry best seize the opportunity?
The market for women and infants will fluctuate with changes in the market population, and consumption patterns will also respond to changes in society, moving towards online and offline channels for simultaneous sales. Consumers will also pay more attention to the safety, comfort, and fashionable compatibility of products.
The optical industry is still the mainstream product sector in consumer electronics, and there is still a lot of room for innovation. Since smartphones are equipped with optical lenses, from the rear to the front, and from single-lens to multi-lens, hardware innovation not only facilitates consumers to take photos and videos but also directly drives the vigorous development of the optical industry.
The optoelectronic material and component manufacturing industry is a branch of the electronic component manufacturing industry. It is a high-tech and capital-intensive industry. Components manufactured with optoelectronic technology or equipment with optoelectronic components as key components are all parts of the optoelectronics industry.
In recent years, Taiwan’s "mechanical transmission equipment industry", "pumps, compressors, stopcock and valve industry", "other general equipment and machinery", and other relevant industries have increased their production indexes, mainly because of the active demands for smart automation equipment which has driven the increase in overall output.
Due to the increases in demands for epidemic related drugs, screening reagents, and other products driven by the epidemic, the output values of drugs, medical supplies, and other related products have been increased.
With the continuous development of the downstream industry of linear actuator and the continuous expansion of linear actuator applications, the global demand for linear actuator has shown a rapid growth. In 2019, the global linear actuator market has exceeded 15 billion yuan.
The textile industry was a leading sector in Taiwan's early industrialization stage. The growth and achievements of the textile industry also led to the development of other industrial sectors. The garment manufacturing industries are downstream industries in the textile industry chain. Its upstream includes fiber manufacturing, chemical additives, spinning, weaving, dyeing and finishing, and other industries. The garment manufacturing industry are the processing stage in the industry chain. It is also an important industry that gives added value to textiles.
A bearing is an important part of contemporary mechanical equipment. Its main function is to support the mechanical rotating body, reduce the friction coefficient during its movement, and ensure its rotation accuracy. Therefore, its application range is very wide and the market demand is strong. The Asian region represented by China and Japan has accounted for more than half of the global bearing consumption and has become the world's largest bearing consumer market, followed closely by Europe and North America, with 25% and 20% respectively.
The goal of Making Indonesia 4.0 is to achieve Indonesia’s entry into the top ten economies in the world by 2030. The roadmap of Indonesia’s Industry 4.0 is the key to enhancing the overall competitiveness of Indonesia’s industry in the future digital era, guiding the implementation of Indonesia’s national strategy, and where the interests are at stake. Cooperation and coordinated implementation between various industries aim to promote inclusive national growth and sustainable community welfare.
In terms of 2019 data, India is the world's 10th largest machine tool producer and the world's 8th largest machine tool consumer. The Indian government has set a target for India’s manufacturing output value to account for 25% of GDP by 2025. Together with the prime minister’s active promotion of "Made in India", it will bring a huge boost to the demand for machine tools in India. The Indian machine tool market still has considerable development potential, and the Indian manufacturing market is rising rapidly.
With the spread of the US-China trade war, the development and business opportunities of Vietnam's industrial manufacturing have been accelerated. In recent years, Vietnam’s economic situation has performed well. In 2018, Vietnam’s average national income per capita reached US$2,590, an increase of US$200 from 2017 and 1.23 times that of 2015. The Vietnamese government is working hard to promote the development of the manufacturing market and set the goal of becoming an industrial power.
In response to the COVID-19 epidemic, various countries have issued a series of bans, city closures and traffic restrictions, driving the demand for housing, working at home, online shopping, and home entertainment. This in turn has driven the demand for 3C products such as information and communications products. Among these, display panels have shown one of the greatest increases in demand, and the global display screen equipment market grew by 19% in 2020, reaching USD 13.52 billion.
The printing industry is very complex. It not only has many internal sub-industries but also involves many upstream and downstream related industries. It can be said that it is a huge industry system. The printing industry has a long history of development. Starting from the invention of printing in ancient China, printing technology has continued to innovate, forming a large industry, which we are almost engaged every day. Digital printing, 3D printing, other new emerging printing technologies will overturn and play new roles in printing industry markets.
Transportation is the main artery of the city. A well-functioning transportation system must be closely linked with the three major elements of "people, vehicles, and roads." In order to optimize traffic efficiency and optimize the energy use and mobility efficiency of cities, countries have introduced smart mechanisms in recent years.