In 2022, various black swan events, including the impact of the Russian-Ukrainian war and mutual economic sanctions between countries around the world and Russia, fluctuations in crude oil and natural gas prices have caused instability in key materials and supply chains. The turbulence has also deeply affected the Taiwan's machine tools market. In terms of exports, due to the repeatedly city lockdowns to prevent the spread of pandemics, China has been hit hard. However, the steady growth of major markets such as the United States, Europe, and Southeast Asia gives us a glimmer of hope. In terms of technological trends, the smart manufacturing related technologies will continue to deepen and related applications such as AI in inspection, industrial safety and other fields become more popular. Applications of AR and Digital Twin are also blooming in the industry and more suppliers, solutions and application cases have emerged. The proliferation of innovative technologies and the wave of green manufacturing have also promoted Taiwan's machine tool industry.