The IMF adjusted global economic growth rate to 3.6% in 2018, and the investment growth rate, manufacturing and trade activities all rebounded. The United States, Europe and Japan among advanced countries have benefited from the policies and continue to provide favorable support. The performance of the economy is better than expected. Emerging markets such as India and Southeast Asia are still the main growth impetus. However, prosperity of regions varies considerably and the pace of recovery of manufacturing industry is not the same. In 2018, the global total mechanical output value was 1,476.1 billion US dollars, with a growth of 5.6% from 2016.
Looking forward to 2019, the global economic growth rate will be revised down to 3.3%. If the U.S.-China trade war does not end, the manufacturing industry will continue to sit on the fence, and orders will have a deferred effect. It is predicted that China’s economic growth will decelerate to 6.3~6.5%. The growth rate of the economy of emerging countries and manufacturing will decrease under influence, and the attitude of sitting on the fence toward demands for machinery equipment will cause the output value of machinery industry will decrease globally.
I. Scope of Industry
II. Industry Review of 2018
III. 5+2 Industrial Innovation
IV. Technological Trends of Emerging Products
V. New Southward Policy Exposure Countries
VI. Industrial Outlook of 2019
Figure 1 Global Gross Mechanical Output
Figure 2 Taiwan’s Gross Mechanical Output (including die)