The global light bulb market is undergoing a transformative shift, driven by rising energy efficiency demands and the widespread adoption of LED technology. According to a report by Mordor Intelligence, the market was valued at USD 85.67 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from […]
Author Archives: wei zheng
The industrial lifting equipment market in the United States is experiencing steady growth, driven by increasing demand from oil & gas, construction, and manufacturing sectors. According to Grand View Research, the global lifting equipment market size was valued at USD 27.3 billion in 2023 and is expected to expand at a compound annual growth rate […]
The global elevator and escalator market continues to rise steadily, driven by accelerating urbanization, increasing high-rise construction, and infrastructure modernization across emerging and developed economies alike. According to Grand View Research, the global elevator and escalator market size was valued at USD 133.02 billion in 2023 and is projected to grow at a compound annual […]
The global luxury vinyl flooring market, a core segment within resilient flooring, is experiencing robust growth driven by rising demand for durable, low-maintenance, and aesthetically versatile flooring solutions. According to Grand View Research, the global luxury vinyl tiles (LVT) market size was valued at USD 38.1 billion in 2022 and is expected to expand at […]
The global life raft market is experiencing steady growth, driven by stringent maritime safety regulations, increasing commercial and recreational vessel operations, and a heightened focus on offshore safety protocols. According to Grand View Research, the global marine safety equipment market—of which life rafts are a critical component—was valued at USD 2.8 billion in 2022 and […]
The global personal flotation device (PFD) market is experiencing steady growth, driven by increasing maritime safety regulations, rising recreational water activities, and expanding commercial shipping operations. According to Grand View Research, the global life jacket market was valued at USD 1.3 billion in 2022 and is expected to expand at a compound annual growth rate […]
The global licence plate manufacturing industry is experiencing steady expansion, driven by rising vehicle production, increasing demand for secure identification systems, and the adoption of advanced technologies such as RFID and alphanumeric standardization. According to a 2023 report by Grand View Research, the global automotive license plate market size was valued at USD 4.2 billion […]
The global market for cemiplimab, marketed as Libtayo, is experiencing robust growth, driven by rising incidence rates of skin cancers such as cutaneous squamous cell carcinoma (cSCC) and non-small cell lung cancer (NSCLC), along with increasing adoption of immune checkpoint inhibitors. According to Grand View Research, the global immune checkpoint inhibitors market was valued at […]
The global lithium-ion (Li-ion) battery market is experiencing robust expansion, driven by surging demand for electric vehicles (EVs), consumer electronics, and renewable energy storage systems. According to Mordor Intelligence, the market was valued at USD 73.71 billion in 2024 and is projected to reach USD 212.85 billion by 2029, growing at a CAGR of 23.5% […]
The global lithium-ion (Li-ion) battery market is undergoing rapid expansion, driven by surging demand in electric vehicles (EVs), consumer electronics, and energy storage systems. According to a 2023 report by Mordor Intelligence, the market was valued at USD 73.6 billion in 2022 and is projected to reach USD 178.5 billion by 2028, growing at a […]
