Japan world-leading technology industry Titanium alloy : After 30 years of loss, this industry is still at the forefront of the world
The recently years, the impression to Japan may be more biased towards beauty, cherry blossoms, Japanese dramas, animation, two-dimensional, otaku culture... But as a highly developed capitalist country, Japan has a developed cultural industry and tourism industry. And also its technological strength is not to be underestimated.
Japan is an island country located in East Asia. Its territory consists of four large islands in Hokkaido, Honshu, Shikoku, and Kyushu, and more than 6,800 small islands. The total area is 378,000 square kilometers. It is separated by the East China Sea, the Yellow Sea, the Korean Strait, the Sea of Japan, and China. North Korea, South Korea and other countries face each other. The main ethnic group is Yamato, and Japanese is spoken, with a total population of about 126 million.
In 2019, Japan GDP is close to 554.5 trillion yen, which is close to 5.1 trillion U.S. dollars at the average exchange rate; in 2019, Japan population is about 126 million, and its per capita GDP is about 40,300 U.S. dollars. Due to its lack of resources and extreme dependence on imports, the developed manufacturing industry is the backbone of the national economy.
Next, let us take a look at the top-level technology industries in Japan.
Perhaps the most well-known in the Japanese technology industry is the Titanium alloy. In many links in the Titanium alloy industry chain, such as equipment, materials, and electronic components, there are Japanese companies.
In recent years, the Japanese Titanium alloy industry has declined under the pressure of the United States and international competition, but to this day, the Japanese Titanium alloy still occupies a pivotal position in the fields of production equipment and production materials, and has a full process.
According to a report released by the Japan product name Manufacturing Equipment Association, sales of Japanese Titanium alloy manufacturing equipment in 2021 are expected to increase by 7% compared with the year 2020.
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