Logo of The German Trade Office Taipei

Growth Sectors

In our all new “Growth Sectors” section, we provide you with specific information on individual sectors that are relevant to the Taiwanese economy and German companies. More information coming soon!

Satellite
AI-generated/freepik.com

  • 152.7 billion USD

    of output value achieved by Taiwan's semiconductor industry in 2024

  • 9.6% compound annual growth rate

    in the aerospace and security sector from 2018 to 2023

  • 3.5% compound annual growth rate

    expected in the consumer & retail sector for 2024-2029
AI

Semiconductors & AI

Taiwan stands at the forefront of the global semiconductor and AI industries, driven by robust government support, a highly skilled workforce, and strategic collaborations with international tech leaders. Its integrated ecosystem offers significant opportunities for German companies seeking innovation partnerships and market expansion.
Satellite

Aerospace & Security

Taiwan’s aerospace and security sector is rapidly evolving into a high-potential, strategically important industry. Supported by government initiatives and strong international cooperation, the sector offers significant opportunities for German companies specializing in parts manufacturing, maintenance, and cutting-edge technologies such as UAVs (unmanned aerial vehicles) and satellite systems.
Retail_woman in store

Consumer & Retail

Taiwan’s consumer and retail landscape is marked by strong digital infrastructure, high purchasing power, and a tech-savvy population. These conditions create a dynamic environment for consumer goods, e-commerce, and especially gaming—an increasingly important growth sector. For German companies, Taiwan offers a promising entry point into East Asia with receptive consumers and high standards for quality and innovation.
  • Healthcare

    Healthcare

    Taiwan’s health sector offers a dynamic and innovation-friendly environment with strong government backing, high demand for advanced medical solutions, and seamless access to the Asia-Pacific region. For German companies looking to expand internationally, Taiwan presents both a strategic launchpad and a reliable partner market.