Taiwan - Machinery and Tools Taiwan - Machinery and Tools

This is a best prospect industry sector for this country. Includes a market overview and trade data.

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Last Published: 11/8/2019

Overview

Taiwan has developed a complete machinery and machine tools ecosystem characterized by close linkages between mid- and downstream sectors and highly interdependent clusters. In 2018, Taiwan’s machinery and machine tools industry generated $40 billion in local production and $27 billion in total exports. It accounted for three percent of total global machinery and machine tools exports, making Taiwan the 10^th largest machinery and machine tool exporter worldwide in terms of value. The Taichung Metropolitan Area is the epicenter of Taiwan's advanced manufacturing industry, known in Taiwan as smart machinery industry. Taichung is home to the Smart Machinery Promotion Office and the Taichung City Precision Machinery Innovation Technology Park, which has the highest concentration of machine tool industry manufacturing in the world.

In 2017, the Taiwan authorities enacted the “5+2 Industrial Development Plan”, which includes a $117 million Smart Machinery Initiative (SMI), and which prioritizes key innovative industries. Based on Germany’s Industry 4.0, the purpose of the SMI is to transform the machinery industry into an advanced machinery industry, help 50,000 local manufacturers upgrade their production methods, boost total industrial revenue, and reduce reliance on semiconductors, Taiwan’s largest industry.


Machine Tools Market                                                                                                                   Unit: USD thousands

	2016	2017	2018	2019 (est.)
Total Local Production	$35,191,300	$36,950,921	$40,536,013	$46,500,000
Total Exports	$21,121,437	$26,103,852	$27,950,209	$32,000,000
Total Imports	$28,540,892	$28,562,814	$30,402,010	$33,000,000
Imports from the U.S.	$7,010,622	$7,554,492	$8,007,761	$8,800,000
Total Market Size	$42,610,755	$39,409,833	$42,987,814	$47,500,000
Exchange Rate:  USD1	32.40	29.65	30.59	30.86

Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources: Total Local Production: Taiwan Association of Machinery Industry (TAMI); Total Exports: Taiwan Association of Machinery Industry (TAMI); Total Imports: Taiwan Association of Machinery Industry (TAMI); Imports from U.S.: Taiwan Association of Machinery Industry (TAMI)

Leading Sub-Sectors

• Additive manufacturing equipment
• Machine tools and industrial robots
  • 6-axis industrial robots
• Automation technology for CNC manufacturing
• Machine tools and peripheral systems
• Flexible manufacturing systems (FMS)
• Work-holding equipment
• Zero-point clamping systems
• New manufacturing technologies
• 3D printing technologies for metalworking industry
• Specialized smart production facilities
  • Smart machine tools, modules, and components
• Smart software and production systems
  • CAD/CAM for metalworking

Opportunities

Although the Taiwan market has historically depended on Germany and Japan for conventional machinery and machine tools supply, Taiwan manufacturers consider U.S. producers to be highly competitive compared to their German and Japanese counterparts in the emerging fields of systems integration, software, integrated machine tools, industrial robots, and new manufacturing technologies.

Web Resources

Trade Shows

• International Metal Technology Taiwan, Taichung, November 07-10, 2019
• Taichung Industrial Automation Exhibition, Taichung, November 07-11, 2019
• International Metal Technology Taiwan (IMT), Taichung, November 14-16, 2019
• Kaohsiung Industrial Automation Exhibition, March 2020 (Date TBD)
• Taipei Intelligent Machinery and Manufacturing Technology Show, Taipei, May 6-9, 2020
• Taipei International Plastics, Rubber and Composites Show, August 2020 (Date TBD)
• Taiwan Automation Intelligence and Robot Show, Taipei, August 2020 (Date TBD)
• SEMICON Taiwan 2020, Taipei, September 23-25, 2020
• Taiwan International Photovoltaic Forum and Exhibition, October 16-18, 2020
• Taipei International Machine Tool Show, March 15-20, 2021

Relevant Authorities

• Industrial Development Bureau (IDB), Ministry of Economic Affairs (MOEA)
• Industrial Technology Research Institute (ITRI)
• Smart Machinery Promotion Office
• Taiwan Automation Intelligence and Robotics Association (TAIROA)
• Taiwan Association of Machinery Industry (TAMI)
• Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA)
• Taiwan Machine Tool and Accessory Builders’ Association (TMBA)

U.S. firms interested in learning more about the Machinery and Tools market and seeking to expand their export opportunities to Taiwan are encouraged to contact CS Taiwan Commercial Specialist Jason Chang at Jason.Chang@trade.gov or visit our website. Prepared by the International Trade Administration. With its network of more than 100 offices across the United States and in more than 75 markets, the International Trade Administration of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.

More Information

Taiwan Machinery and Tools Trade Development and Promotion