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2022 Global LED Lighting

TrendForce 2022 Global LED Lighting Market Analysis

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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 …

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Shipping and Logistics Costs

Shipping and Logistics Costs Are Expected to Keep Rising in 2022

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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 …

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Global LED Lighting Market

Global LED Lighting Industry Trends and Growth Forecast 2022-2027

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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 …

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Europe LED Lighting Market

Europe LED Lighting Market Size is Set to Exceed USD 30 billion by 2024

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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 …

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Saudi Arabia Lighting Market

Saudi Arabia Lighting Market Research Report – Industry Analysis and Growth Forecast to 2030

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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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China-Europe rail freight rising

China-Europe Rail Freight Rising, But Border Tension Sparks New Routes

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China-Europe rail freight volumes have passed last year’s total, while tension on the Poland-Belarus border has seen alternative routes jostling for a favour. According to China Railway, between January-October there were 12,605 train trips, carrying 1.22m teu, up respectively 26% and 33% year on year, beating 2020’s 1.14m teu. The railway operator noted there were …

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Holiday Retail Sales

Holiday Retail Sales Expected to Increase 7-9%

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Holiday retail sales are likely to increase between 7% and 9% in 2021, according to Deloitte’s annual holiday retail forecast. Overall, Deloitte’s retail and distribution practice projects that holiday sales will total $1.28 to $1.3 trillion during the November to January timeframe. Deloitte also forecasts that e-commerce sales will grow by 11-15%, year-over-year, during the …

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