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Although the share of manufacturing in Japan's GDP has declined in the past few decades, Japan still has a very large manufacturing base. In addition, Japanese manufacturers have extensive global connections, especially in Southeast Asia, many of which have substantial operations in countries such as Thailand.
The United Nations Industrial Development Agency (UNIDO) announced the July 2020 World Manufacturing Competitiveness Index (CIP) which is based on 2018 indicators. South Korea ranks third after Germany and China among 152 countries in the world. CIP is a composite index of 8 items including per capita manufacturing, value-added, and manufacturing export value. It reflects the overall competitiveness of the manufacturing industry in each country. UNIDO publishes the CIP every other year.
South Korea is a country lacking natural resources. Its economic development is export-oriented, and its industrial structure is dominated by heavy chemical industries. The five major industries, including automobiles, shipbuilding, semiconductors, steel, and smartphones, earn a lot of foreign exchange for the country's economic growth.
The United States, the European Union, and China are the world’s three largest economies, which together are estimated to account for 60.92% of the global economy in 2021.
A mechanism design requires consideration of materials, specifications, precision, manufacturing processes, functions, etc., and must be cost-effective to create a good mechanism design.
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 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.
Located in the southern hemisphere, Australia has the world's fourteenth largest economy. It is rich in natural resources and is the world's largest producer of iron ore, gold, and uranium. Australia is also one of the world's leading exporters of wool, meat, wheat, and cotton. The service industry occupies a dominant position in the Australian economy. The fastest-growing ones are business and financial services. Travel and tourism-related to secondary and higher education are also important industries in Australia.
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.
The global industrial valve market will reach 85.6 billion U.S. dollars in 2022. From the perspective of product technology leadership, European countries, especially Germany, and the United States, are the main leaders, followed by Taiwan, Japan, South Korea, China and India.
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.
Geographically, Turkey is a natural land bridge located on the east-west axis and the north-south axis. It connects European, Middle Eastern, African, and Central Asian markets, giving it great geographical and economic advantages. Holding this key global position, its central location creates an efficient and cost-effective export hinterland and market for major trading partners.
In the past, excessive consumption, wanton mining, indiscrete manufacturing, and careless abandonment of wastes, led to the rapid depletion of natural resources. Now, the pursuit of a circular economy, with the goal of zero waste through recycling of resources, is being implemented in an attempt to solve environmental problems.
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 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.
The surge in the production of smartphones, the increasing penetration of artificial intelligence (AI) in commercial and consumer applications, and the decline in the price of consumer electronic devices are some of the main factors that may drive market growth of glass.
Micromachining technology is an important support technology for modern high-tech warfare, and is the development foundation and direction of modern high-tech industries, science and technology.
Since Germany called out "Industry 4.0", the related issues have quickly fermented around the world. U.S. government immediately put forward the "Advanced Manufacturing Partnership Program (AMP)" focusing on emerging technologies that can be quickly commercialized. Government R&D facilities are shared to promote industry one-stop collaborative R&D capabilities, reducing the risks of commercialization.
Improving production efficiency is the foundation for the manufacturing industry to gain a firm foothold. The manufacturing industry achieves smart operations by introducing AI applications, automatically identifying abnormalities, or making adjustment suggestions, and assisting companies in achieving more accurate adjustments to machines and upgrading equipment. During the process, the traditional manufacturers are transformed into the smart manufacturers.
Countries are actively developing heavy industries, manufacturing, and infrastructure to drive market growth, but they often pay environmental costs accordingly. Approximately 70% of global greenhouse gas emissions come from infrastructure construction and operations, such as power plants, buildings, and transportation. What will be the effect of promoting society's emphasis on low-carbon manufacturing?
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