There are two very important strategies to help manufacturing equipment create added value, which is worthy of deep thinking by Taiwan machine tool companies.
The U.S.-China trade war has been on the rise for more than a year, and both sides have become more and more fierce. The economy has been affected by the recession and the global manufacturing supply chain has also accelerated. Although Taiwan has benefited from this wave of trade wars in the short term, it may still suffer a lot in the long run. Also, the influence of other Asian countries affects the layout of Taiwanese businessmen. In the face of complex situations, we must be prepared to respond.
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.
The world's major exporters of machine tools are concentrated in Asia, the European Union and North America. In 2019, the German machine tool market ranked Germany as the world's largest exporter. In 2019, the export of machine tools was 9.17 billion US dollars.
Although the recent impact of the COVID-19 (New Coronary Pneumonia) epidemic caused a short-term loss in the aviation industry, for the overall aviation market, the demand is still constant.
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?
The global economic development is weak in 2019. Events such as the China-US trade war, Brexit, Hong Kong anti-extradition, and Taiwan’s presidential election have greatly increased economic uncertainties.
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.
In 2020, Taiwan's machinery industry will first stabilize its foundation and upgrade its technology, and gradually expand the demand for intelligence at home and abroad. In the future, it is expected to increase the market for smart machinery and smart manufacturing, and accelerate the realization of its vision of two trillion yuan in output value by 2025.
Falcon machine tools said that this time they negotiated with MIKIPULLEY and Ebarashoji, and both parties have agreed to arrange sample shipments and production line visits.
Looking back at the continuous fluctuations in global economic and trade conditions in 2019, the global economy is in a high degree of uncertainty, and the overall output value of Taiwan's machine tool industry in 2019 will be affected.
Looking back at the continuous fluctuations in the global manufacturing industry in 2019, the supply chain is in uncertainty, and the overall output value of Taiwan's machine tool components in 2019 will be affected.
In recent years, the manufacturing industry has been actively strengthening manufacturing technology, investing in high-end manufacturing equipment, and training professional talents.
In recent years, Turkey has become a highly anticipated newly industrialized country with its brilliant GDP growth rate. It has also become Taiwan's third-largest export market for machine tools for many years.