The global defense industry has experienced sustained growth over the past decade, driven by rising geopolitical tensions, modernization of military fleets, and increased defense spending—particularly among NATO and Asia-Pacific nations. According to a 2023 report by Mordor Intelligence, the global military aircraft market was valued at USD 98.6 billion in 2022 and is projected to […]
Author Archives: wei zheng
The U.S. furniture manufacturing industry is experiencing steady growth, driven by rising residential construction, increasing demand for modern and sustainable furnishings, and a resurgence in domestic production. According to Mordor Intelligence, the U.S. furniture market was valued at approximately $125 billion in 2023 and is projected to grow at a CAGR of 4.8% through 2028. […]
The fiberglass pool market has experienced steady momentum in recent years, driven by increasing demand for low-maintenance, durable, and quick-to-install residential swimming pools. According to a 2023 report by Mordor Intelligence, the global swimming pool market is projected to grow at a CAGR of 4.8% from 2023 to 2028, with fiberglass pools capturing a significant […]
The U.S. manufacturing sector is undergoing a digital transformation, with enterprise resource planning (ERP) systems playing a pivotal role in driving operational efficiency, supply chain visibility, and data-driven decision-making. According to Grand View Research, the global ERP market size was valued at USD 66.7 billion in 2023 and is projected to grow at a compound […]
The global drone market is experiencing rapid expansion, driven by increasing adoption across commercial, defense, and consumer sectors. According to a report by Grand View Research, the global drone market size was valued at USD 24.4 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 13.8% from 2024 […]
The global semiconductor industry continues its rapid expansion, fueled by increasing demand for advanced electronics, 5G infrastructure, artificial intelligence, and electric vehicles. According to a 2023 report by Mordor Intelligence, the computer chip market was valued at approximately USD 560 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) […]
The U.S. apparel manufacturing industry has experienced steady transformation, driven by rising demand for sustainable fashion, reshoring trends, and advancements in on-demand production technologies. According to Grand View Research, the U.S. apparel market size was valued at approximately USD 143.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) […]
The global semiconductor industry has experienced robust growth, driven by escalating demand across consumer electronics, automotive, industrial automation, and data center applications. According to market research by Mordor Intelligence, the semiconductor market was valued at USD 574 billion in 2023 and is projected to reach USD 769 billion by 2029, growing at a compound annual […]
The U.S. automotive manufacturing industry continues to demonstrate robust growth, driven by advancements in electric vehicle (EV) technology, strong consumer demand, and supportive federal policies. According to Mordor Intelligence, the U.S. automotive market is projected to grow at a CAGR of over 3.8% from 2023 to 2028, with electric vehicle adoption serving as a key […]
The global automotive industry continues to evolve at a rapid pace, driven by technological innovation, shifting consumer preferences, and the accelerating transition toward electric mobility. According to a 2023 report by Mordor Intelligence, the global automotive market was valued at approximately USD 3.5 trillion and is projected to grow at a compound annual growth rate […]