Machinery Production: Growing Specialisation in Asia
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.