The global fasteners market, driven by robust demand from automotive, construction, and industrial machinery sectors, is witnessing steady expansion. According to Mordor Intelligence, the market was valued at USD 108.9 billion in 2023 and is projected to grow at a CAGR of over 5.2% from 2024 to 2029. This growth is fueled by increasing infrastructure […]
Author Archives: wei zheng
The automotive industry is undergoing a significant shift in how vehicles reach consumers, with an increasing number of car buyers exploring the possibility of purchasing directly from manufacturers. According to a 2023 report by Mordor Intelligence, the global direct-to-consumer automotive market is projected to grow at a CAGR of 6.8% from 2023 to 2028, driven […]
The global metal packaging market is experiencing steady expansion, driven by rising demand for sustainable, durable, and recyclable packaging solutions across the food and beverage, pharmaceutical, and personal care industries. According to Mordor Intelligence, the global can manufacturing market was valued at USD 74.8 billion in 2023 and is projected to grow at a compound […]
The global bearings market is witnessing robust expansion, driven by rising industrial automation, increasing demand from automotive and aerospace sectors, and the growing need for high-precision components in manufacturing. According to Mordor Intelligence, the global bearings market was valued at approximately USD 91.5 billion in 2023 and is projected to grow at a CAGR of […]
The global smart healthcare market, driven by rising demand for connected medical devices and digital health infrastructure, is projected to grow at a CAGR of 22.4% from 2023 to 2030, according to Grand View Research. Within this expanding ecosystem, NSHE (National Standard Health Equipment) registration has become a critical compliance milestone for manufacturers seeking entry […]
The global camshaft market is experiencing steady growth, driven by rising automotive production, increasing demand for fuel-efficient engines, and advancements in variable valve timing (VVT) technologies. According to a report by Mordor Intelligence, the camshaft market was valued at USD 7.8 billion in 2023 and is projected to reach USD 10.2 billion by 2028, growing […]
The global non-woven fabric market is experiencing robust growth, driven by rising demand across healthcare, hygiene, filtration, and industrial applications. According to a 2023 report by Grand View Research, the market was valued at USD 43.7 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2023 […]
The global nickel alloy market is experiencing robust growth, driven by increasing demand across high-performance industries such as aerospace, power generation, oil & gas, and chemical processing. According to Mordor Intelligence, the nickel alloy market was valued at USD 23.5 billion in 2023 and is projected to grow at a CAGR of over 5.8% from […]
The camper trailer market has experienced robust growth over the past decade, driven by rising consumer interest in outdoor recreation, flexible work-from-anywhere lifestyles, and increased investment in leisure travel infrastructure. According to Grand View Research, the global recreational vehicle (RV) market size was valued at USD 94.7 billion in 2022 and is expected to expand […]
The global neodymium magnet market has experienced significant growth, driven by rising demand in clean energy technologies, electric vehicles (EVs), and high-performance electronics. According to a report by Mordor Intelligence, the neodymium magnet market was valued at USD 11.8 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of […]