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%.

With the advent of Industry 4.0, countries have also adjusted their industrial manufacturing strategies to enhance their smart manufacturing capabilities.

Machine tools can be said to be the mother of various industries, and countries have different marketing strategies based on their production manpower and resources.

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.

3D printing technology has been widely used in recent years, and it has also allowed the manufacturing industry to evolve into a "smart" manufacturing industry, which can achieve the large output value with the less manpower.

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.

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.

With the rise of the global electric vehicle market, how should Taiwan’s opportunities be grasped?

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.

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.

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.

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.

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.

The sheet metal parts, plastic parts, and lights of the car body account for the majority of car damage in car accidents. Hundreds of thousands of accidents involving damage to these parts occur every year. The repair and replacement of these parts are an important source of income for car repair shops and parts manufacturers.

Hand tools are mainly used in construction projects, home repairs, and automobile maintenance. Among them, power hand tools, have continued to increase in efficiency and convenience, and the market size has continued to expand in recent years. The overall demand for hand tools in the United States and the real estate market is showing positive growth.

The Asian region has always been the core area for global motorcycle and scooter sales, with India, China, and Indonesia being the top three markets. The Asian market has potential. The global demand for motorcycles and scooters is increasing.

In 2019, the overall North American sports market revenue was approximately US$73 billion, making it one of the largest sports markets in the world. It is expected to grow to US$83.1 billion by 2023. The sports market is growing rapidly, but over the past few decades, it has become a mature industry.

The COVID-19 epidemic has changed the exercise habits of Canadians, driving the upsurge of home fitness and outdoor sports. Business opportunities for home fitness equipment and outdoor sports products have emerged, including for home fitness equipment, bicycles, golf, camping, skiing products, and other hot products. Online sales growth has been amazing. The sports climate in Canada is prosperous, chain fitness channels are expanding rapidly, various sports equipment and supplies are in great demand, and the products are more diversified.