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B2B Explore insights impacting the B2B environment, including production and supply network, and the trends that are evolving the global consumption of ingredients and packaging materials across a changing consumer goods marketplace.

Machinery Production: Growing Specialisation in Asia

6/24/2014
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Machinery Production in Asia

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Major Asian countries are all specializing in a particular segment of machinery production. In China construction machinery dominates and is expected to reach over 42% of overall machinery production value by 2017. The industry will be driven by growing domestic construction. In Japan robots, semiconductor and materials machinery will hold strong positions with over 45% of output attributed for this segment in 2017. In the meantime, modernization of Indian agriculture facilitates growing demand for agricultural machinery. Finally, metallurgy machinery will account for almost a half of machinery production in Indonesia by 2017.

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