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Indonesia has been transitioning to Industry 4.0 with the launch of the government Roadmap in 2018, to establish as one of the world’s top 10 largest economy by 2030. In 2019 Indonesia government launched the Omnibus Law to create a better business environment to attract more global investors in the manufacturing sector and accelerate the country’s economic growth. During this transition period new current trends include digitalization, automation, sensor and robotics, Internet of Things (IoT), data management, e-commerce and others. Set by the government, five priority focused manufacturing sectors are automotive, food & beverage, chemical, textile and electronics, which contribute approximately 65% to the country’s GDP. With these two government initiatives, the country expects to develop a more efficient, cost effective manufacturing sector process while improving product’s quality and ultimately becoming more competitive in the global market.
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Malaysia is driven by smart technologies to include Big Data, System Integration, Cloud, and Cybersecurity, to the Industrial Internet of things, Additive Manufacturing, Automation, Simulation, and Virtual/Augmented Reality with a focus on global supply chain development. Two main trends in Malaysia are digitalization and reliance on supply chain structures that can be advanced through the use of Artificial Intelligence (AI) and Machine Learning (ML).
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Singapore is considered an advanced economy (progressed from Labor intensive to Knowledge based to Digital Economy over the past 50 years) upcoming areas to help generate GDP are electronics semiconductors, medtech / medical devices and aviation / aerospace where at least 25% of GDP must come from manufacturing. Current Trends include 3D printing, smart manufacturing, automation & robotics, composites, M2M, IoT implying high tech precision engineering with IP are important and in some areas, export controls need to be considered. While Singapore once relied on traditional manufacturing, the country is now embarking on smart manufacturing to be more efficient and cost effective with less human intervention where possible.
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Thailand is moving away from labor-intensive factories into smart production. Under the Thailand 4.0 economic model, the major industry trends are Next-Generation Automotive (electric vehicles), Robotics and Automation, Intelligent Electronics, Advanced Agriculture and Biotechnology, Aviation and Aerospace, Digital/eCommerce, Medical Tourism, Biofuels and Biochemical, Logistics, and Food Processing.
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Australia: By 2030 the Asia Pacific region is expected to be home to 65% of the world’s middle class. This is an important market driver for U.S. suppliers of advanced manufacturing enabling technologies that are seeking to partner with Australian manufacturers. Manufacturing accounts for 6% of Australia’s GDP and advanced manufacturing currently represents 50% of Australia’s USD75 billion manufacturing output. The Australian Government is working on a range of initiatives to support and stimulate advanced manufacturing. Key priority areas that reflect Australia’s competitive advantages as well as emerging areas of focus include: resource technology and critical minerals processing; food and beverage; medical products; recycling and clean energy; defense; and space.
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New Zealand: The manufacturing sector mainly reflects the production of products grown and/or raised by this country’s agribusiness sector. Advanced manufacturing currently represents a small number of niche operators in the agritech; communications and health technology/generic pharmaceuticals sectors. As a result of COVID-19, the New Zealand Government and industry agree advanced manufacturing is critical for diversifying New Zealand’s productivity to create higher export earnings.
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Taiwan: has developed a complete machinery and machine tools ecosystem. Taiwan manufacturers consider U.S. producers to be highly competitive in the emerging fields of systems integration software, integrated machine tools, industrial robots, semiconductors and new manufacturing technologies. Taiwan’s economy relies heavily on semiconductors. The need for equipment and material is expected to continue growing in 2021. Welcome to Taiwan!
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South Korea has emerged as a leading manufacturing economy and adapting the new direction of advanced manufacturing and convergence of automation. Smart factory system is being pursued in response to improving productivity and safety in manufacturing plants. Invest in South Korea!
Korea Opportunities – Major Trade Shows
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Japan is the third largest economy in the world. Due to the population dynamics changes and a shrinking labor force, the market demand for Advanced Manufacturing including Digital Transformation (DX)/ Factory Automation is rising. Japanese DX market is expected to grow 4.6 times within 10 years. Be ready to a new and lucrative product destination!
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India has emerged as one of the fastest-growing economies in the world, and the growth trajectory is complemented by the manufacturing segment, which accounted for 17.4 percent of India’s GDP in 2019-2020 (pre-pandemic). The Government of India’s National Manufacturing Policy has an objective to increase the share of manufacturing in GDP to 25 percent by 2025. The gap in demand and supply has spurred the requirement for increased capabilities in this sector, including promotion of advanced manufacturing practices. Although fragmented, the Indian manufacturing industry is gradually moving towards higher end, sophisticated machinery driven by the growing demand in end-user segments like automobiles; aerospace and defense; industrial automation; capital goods and consumer durables. The Indian manufacturing sector is expected to offer growing opportunities for U.S. exporters that supply innovative technologies in the advanced manufacturing segment, including 3D printing, nanotechnology, artificial intelligence, robotics and IoT.
