Bearing and Transmission industry in Taiwan 2020

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The advent of the era of robots and the demand for intelligent automation in industrialized countries has clearly brought business and growth opportunities to Taiwan bearing and transmission related manufacturers. In this process of global manufacturing transformation, there are several cases of Taiwan industry expanding the capacity of new production lines. The intelligent manufacturing has a positive impact on Taiwan’s import and export performance.
Basically, the transmission parts are key parts on a machine. Only a correct selection of outstanding performance of transmission parts will enable a machine to achieve its desire motions, while ensuring its speed performance, stability and accuracy. In terms of bearings, whether it is a conventional bearing or special bearing, it is always a critical part of any machine. Our product plays an important role in today’s production revolution with robots.
We are facing a trend of intelligent manufacturing, and intelligent machinery is the core of it. The production value of Taiwanese machinery industry has reached more than 1 trillion New Taiwan dollars in 2018, growing significantly in the wave of intelligent automation. The critical parts of machines such as ball bearings, roller bearings, ball screws, linear motion guides, etc., including even motors, gears, and reducers, show outstanding export potential.
Because Washington advocates the rebuilding of the manufacturing industry in the U.S, plus the U.S.-China trade war is prompting a massive wave of Taiwanese firms to leave China, it is said that this could bring a huge sum of investments back to Taiwan, reversing the loss caused by hollowing out of the industry in the last 30 years. On top of that, the outbreak of novel coronavirus (COVID-19), the global industry chain will inevitably be reorganized. Today, with the continuous innovation and research, there is an undeniable consensus that “Made in Taiwan” will have a good opportunity for Taiwan bearing and transmission industry development.

Original Post: http://www.tbt.org.tw/index.php?lang=3

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