In 2019, the U.S.-China trade war has slowed down the economic and manufacturing development of many countries around the world, and resulted in reducing investments in machinery and equipment. Although some emerging markets (such as India, Vietnam, Mexico) have increased the demand for machinery and equipment due to supply chain transfers, the output value of global machinery was 5.0% lower than that in 2018.
I. Scope of Industry
II. Industry Review of 2019
III. 5+2 Industrial Innovation
IV. Technological Trends of Emerging Products
V. New Southward Policy Exposure Countries
VI. Industrial Outlook of 2020
Figure 1 Global Gross Mechanical Output
Figure 2 Taiwan’s Gross Mechanical Output (including die)