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Most Recent Press Releases are listed first. To read the full article click on title

Surging Defense Spending, Need to Tighten Border Security and Introduction of 100% FDI in Defense Sector would Spur India’s Night Vision Device Market– 6Wresearch
14 July 2016

According to 6Wresearch, India Night Vision Device (NVD) market is forecast to reach $215 million by 2022. In 2016, Indian government eased FDI limit in defense sector from 49% to 100%, which is expected to significantly boost domestic manufacturing of various equipment including night vision devices in the coming years. Additionally, domestic companies are collaborating with foreign counterparts for manufacturing state of the art NVDs for Indian armed forces.

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Ninebot Captured major share in India’s Self Balancing Scooter Market; Hoverboard Segment Leads the Market: 6Wresearch
04 July 2016

According to 6Wresearch, India self balancing scooter market is forecast to grow at a CAGR of 18% during 2016-22. Amongst all type of self balancing scooters, hoverboard segment has captured key share of the market pie. India self balancing scooter market is highly consolidated with the dominance of international players such as Ninebot, and Airwheel Technologies, which cumulatively accounted for 44.4% of the market share in 2015.

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Strengthening Regional Transmission Network Coupled with Consolidation of National Interconnects to Drive Saudi Arabia’s Switchgear Market -6Wresearch
20 June 2016

According to 6Wresearch, Saudi Arabia’s Switchgear Market is Projected to Reach $2.9 Billion by 2022. Over the last five years, Saudi Arabia exhibited key deployment of switchgears across various verticals predominantly power utilities and industrial; nearly 28 industrial zones, 3 industrial cities and commencement of regional transmission interconnection proliferated the growth of switchgear market.

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Asia-Pacific Region to Emerge as Key Contributor in Global Li-Fi (Light Fidelity) Market by 2022- 6Wresearch
20 June 2016

According to 6Wresearch, Global Li-Fi (Light Fidelity) Market is projected to grow at a CAGR of 115% during 2016-22. Need for faster data transfer, growing LED lighting market, rising number of connected devices, increasing internet penetration coupled with mounting issue of RF Bandwidth spectrum crunch are spurring the market for Li-Fi systems globally. Li-Fi technology transfers data 100 times faster than traditional Wi-Fi network.

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India Video Surveillance Market is Projected to Grow at a CAGR of Over 13% During 2016-22; Hikvision, CP Plus, Dahua, Axis Communications and Honeywell Acquired Majority of Market in 2015– 6Wresearch
06 June 2016

According to 6Wresearch, India Video Surveillance Market is projected to grow at a CAGR of over 13% from 2016 to 2022. Until 2015, analog video surveillance systems captured majority of the market demand owing to low cost and ease of installation. However, analog video surveillance systems market is gradually becoming matured and is being overtaken by IP surveillance systems.

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