The 132nd Canton Fair (Autumn Fair) is scheduled to be held in mid-to-late October 2022. The specific format and scale of the event will be determined based on factors such as the form of the epidemic and the requirements for prevention and control. The 131st Canton Fair was online from April 15th to 24th at https://www.cantonfair.org.cn/en-US. The …
Canton Fair 2022 Autumn, The 132nd China Import and Export Fair Read More »
In March of this year, the European Commission adopted a proposal for a comprehensive new legislative package called the Sustainable Products Initiative (SPI). Part of the Commission’s flagship Green Deal, the SPI essentially aims to ensure that only the most sustainable products are sold in Europe. To do this, the proposals included in the SPI …
How the EU’s Many Sustainability Initiatives Will Impact the Lighting Industry Read More »
A new market study published by GIA, the premier market research company, released its report titled “LED Lighting – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. Global LED Lighting Market to Reach $73.2 Billion by 2026 The lighting market has experienced …
According to TrendForce’s latest market research report 2022 Global LED Lighting Market Analysis-1H22, the lighting industry has increasingly emphasized the light quality of products, and HCL for health. Moreover, the rising trends of luminaire digitalization and light- and color tuning in LED lighting products have stimulated smart LED penetration. Nowadays, new technological applications and potential …
TrendForce 2022 Global LED Lighting Market Analysis Read More »
German logistics company Deutsche Post DHL does not expect freight costs to ease this year and is advising customers to agree longer-term contracts as a hedge, the head of the DHL freight business said in an interview. “The short-term rate will rise a little in air and ocean freight, the long-term rate will probably remain …
Aluminum surged to a 13-year high in London as booming demand and a swath of smelter closures from China to Europe bring the risk of shortages of the crucial industrial metal. Prices rose as much as 3.3% to $3,236 a ton on the London Metal Exchange, surpassing a peak in October to reach the highest …
Companies are bracing for more steep increases in shipping and logistics prices next year after supply-chain costs soared in the scramble to move goods during the Covid-19 pandemic. Transportation and logistics providers are seeking big boosts in prices for contracts for the coming year, signaling that the inflationary pressure driven by strong demand and tight …
Shipping and Logistics Costs Are Expected to Keep Rising in 2022 Read More »
According to the report “Global LED Lighting Market Report and Forecast 2022-2027”, the global LED lighting market attained a value of about USD 64,382 million in 2021. Aided by the rising environmental consciousness worldwide, the market is projected to further grow at a CAGR of 9.1% between 2022 and 2027 to attain around USD 109,661 …
Global LED Lighting Industry Trends and Growth Forecast 2022-2027 Read More »
According to a new research report by Global Market Insights, Europe LED Lighting Market size is set to exceed USD 30 billion by 2024. Four trends influencing Europe LED lighting market expansion: rising smart city initiatives to propel the industry growth by 2024. Aided by the ongoing trend of LED adoption fueled by escalating demands …
Europe LED Lighting Market Size is Set to Exceed USD 30 billion by 2024 Read More »
The Saudi Arabian lighting market was valued at $1,350.0 million in 2020, and it is expected to grow at a CAGR of 10.2% during 2020–2030. The key factors driving the market include the rising adoption of LEDs because of their customization benefits, energy efficiency, and declining prices, growing trend of smart homes, and development of …
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