China's woodworking machinery industry will enter the stage of smart manufacturing, transforming, and upgrading toward smart and high-end development.
In 2020, the United States relies on the growth of demand in its construction market, which will drive the woodworking machinery industry's revenue to increase significantly. Among them, the residential structure construction market is the main supporting factor for the income growth of the woodworking machinery industry. The beauty, durability, and environmental protection requirements of wooden materials have also become factors driving increased revenue.
It is predicted that in 2021, the four major industries of Taiwan's metal electrical and mechanical industries, information electronics, chemical industry, and people's livelihood industry will all grow positively.
Many generation industrialists gradually move towards brand thinking, and then begin to build the ability to use data analysis techniques to capture business opportunities.
Russia is one of the four BRIC countries. The reason why Russia is listed as the BRIC is that Russia has a wealth of raw materials. Russia is easy to stand firm in the development of industrial production based on a balanced defense manufacturing industry foundation pace. But also because of Russia's abundance of raw materials, its export industry projects are too focused on fuel and energy products.
As most of the world still struggles with the coronavirus pandemic, China is showing once again that a fast economic rebound is possible when the virus is brought firmly under control.
The COVID-19 caused a great catastrophe for mankind and suffered heavy losses to the global economy and politics. How to find a model that can sustain economic life and still be able to complete work and life is the biggest challenge of life at this stage. It also urges the industry to more actively move towards the development trend of smart unmanned factories, reduce clustering and contact, introduce unmanned factory technology, and improve production efficiency and control efficiency.
Italy has a solid industrial foundation and is the second-largest producer of machine tools market in Europe.
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.
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.
Interest in learning machine learning has skyrocketed in the years since Harvard Business Review article named ‘Data Scientist’ the ‘Sexiest job of the 21st century’. But if you’re just starting out in machine learning, it can be a bit difficult to break into.
Will the African market be the next manufacturing hub? African leaders call on Nigeria and African countries to strengthen manufacturing and regional supply chains.
Africa is currently in a stage of explosive population growth. Currently, the entire African continent has a population of approximately 1 billion, and there will be 2 billion people by 2050. Compared with the fact that China’s surplus labor force is roughly exhausted, the African continent is a huge and attractive market for foreign investors.
The U.S. government intends to impose taxes on American companies producing overseas, which should be moved back to the U.S. for domestic manufacturing.
The US-China trade war has triggered a major reshuffle of the supply chain. The global manufacturing industry is facing unprecedented challenges. In the process of transforming smart manufacturing, the biggest problem is the integration of operating technology (OT) and information technology (IT). Only by working with the smart manufacturing ecosystem can we have a chance to survive in the changes and seize future business opportunities.
Taiwan's IBM announced that it has joined forces with a large domestic solution integrator (SI) to identify the pain points that are difficult to integrate between IT and OT in the manufacturing industry, and uses the IBM Smart Manufacturing 5C maturity model as the blueprint. Both parties will provide pre-introduction evaluation services, depending on needs. However, SI will provide OT and IT integration services, or IBM will provide more data-driven AI value-added services.
Green Manufacturing, also known as environmentally conscious manufacturing, is a manufacturing model that considers environmental impact and benefits.
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?
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.