Following a year of structural adjustments and market challenges in 2025, the Taiwan machine tool industry has welcomed a significant economic turnaround at the start of 2026. During the "TMTS 2026 and Machine Tool Industry Outlook Press Conference" held today (Jan 20), the Taiwan Machine Tool & Accessory Builders’ Association (TMBA) announced that the global industrial production cycle has entered a growth phase. Surging demand for high-precision equipment is being driven by semiconductor expansion, the energy transition, and a boom in aerospace and defense. Furthermore, with the official signing of the Taiwan-U.S. Reciprocal Tariff Agreement, Taiwan's machine tool production value and export profitability are set for a comprehensive recovery in 2026. This pivotal turning point will be spearheaded by the Taiwan International Machine Tool Show (TMTS 2026) in March, showcasing Taiwan’s robust resilience in smart manufacturing and its international competitiveness to the world.
The TMBA hosted its 2023 Outlook Press Conference, led by Chairman Patrick Chen under the theme "Passing the Torch." Facing headwinds from inflation, the Russia-Ukraine war, and the energy crisis, global demand slowed in late 2022. However, TMBA expects the market to bottom out in Q2 2023, with growth opportunities in Southeast Asia and the U.S. infrastructure sector. To ensure long-term competitiveness, TMBA has established three ESG committees to assist members in integrating digital transformation and green energy, aiming for the 2050 Net-Zero goal through sustainable smart manufacturing.