In 2016, the output value of the whole machinery industry in Taiwan is estimated at NT $ 904.5 billion, down by 6.36% from 2015. The gross output value in 2017 is expected to decrease by 1.91% compared to 2016. Machinery industry output value continued to decline due to the decline in export value. This is the economic impact of target market’s slowdown and regional political factors. It also shows that Taiwan's overall competitiveness of machinery products in international market has declined. In order to boost the global competitiveness of Taiwan's machinery industry, the Executive Yuan in July 2016 had agreed to promote the smart machinery industry. This program will integrate different technologies including smart robot, Internet of things, cloud and Big Data into manufacturing to speed up production and migrate to smart manufacturing.