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In response to the impact of the U.S.-China trade war, Taiwanese machine tool makers are actively entering the European and Southeast Asian markets.
Are U.S.-China Trade War and COVID-19 influence business opportunities in the United States? The United States is the second-largest consumer of machine tools in the world, the industrial market is still waiting, and global economic demand has not significantly recovered.
According to the economic growth data currently released by the US Department of U.S. Bureau of Economic Analysis (BEA), in the third quarter of 2019, US private consumption reached a growth rate of 2.6%. Compared with private consumption, the growth rate of private investment is the lowest since President Trump ’s tenure, only 0.4%.
A difficult international situation, a virus, and trouble in different industries, it will not be an easy year for the machine tool industry. Find out why 2020 still holds a lot of potentials.
The Indian government vigorously promotes the development of the machine tool market. India is the third largest economy in Asia and has unlimited market demand potential.
Japanese machine tool factory develops next-generation business opportunities, demands for replacement machines and introduces 5G services.
With the implementation of the import substitution policy in Russia, the output of machine tools has increased, and the replacement of equipment has become one of the priority projects of Russia's "development strategy for the machine tool industry before 2030", which will inject huge business opportunities for the Russian machine tool industry.
The ASEAN countries' economy is growing stronger, and it is expected to leap into the world's fourth-largest economy in 2030. Taiwan has geographical advantages and is actively developing a south-facing economic island chain.
Industry 4.0 has brought about changes in production logic. Through cloud technology and the use of big data, it is possible to monitor the entire production process, automatically detect problems and eliminate obstacles, and at the same time be able to accurately produce and schedule resources, reduce costs and waste of resources, and achieve the most efficient Production. In the future, the new trend of Industry 4.0 will tend to analyze huge amounts of data and manufacture customized products close to the client.
Smart machinery manufacturers must accelerate innovation, gain the policy resources of the production and innovation platform, develop the domestic industrial acceleration scale group, and the intelligent diagnosis maintenance system (IDMS), which has been successfully introduced into the innovative application of high-tech industries.
Japan is the third country in the world to establish a machine tool industry and realize industrialization after the United States and Germany.
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.
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.
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?
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.
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.
Aerospace components must guarantee personnel safety and facilitate the optimal performance of high-precision instruments and machines.
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.
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