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

GCC Solar Equipment Market to Reach $8,852.5 Million by 2022, Acwa Power, Masdar, TKS, Solar Companies Along with Other Local Companies to be Key Market Players - 6Wresearch
19 December 2016

According to 6Wresearch, GCC Solar Equipment Market is projected to reach $8,852.5 Million by 2022. The market for solar equipment in GCC region has registered growth in last few years due to growing awareness and initiatives taken by the governments to promote power generation from solar power. During the forecast period, the market for solar equipment is anticipated to rise owing to the renewable energy targets of various GCC countries.

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Government Initiatives Coupled with Reduction in Cost to Drive India’s Solar Water Pumping System Market– 6Wresearch
06 December 2016

According to 6Wresearch, India Solar Water Pumping System Market is projected to grow at a CAGR of 18.7% during FY 2017-22. At present, solar water pumping system market in India is subsidy driven, where non-subsidized pumps accounts for marginal share in the market. The Ministry of New and Renewable Energy (MNRE) is implementing solar pumping programme through States, NABARD & other Government departments. MNRE is providing 30% capital subsidy for setting up of solar water pumping systems.

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India Routers and Switches Market Revenues to Reach $579 Million by 2016- 6Wresearch
06 December 2016

According to 6Wresearch, India Routers and Switches market revenues are estimated to reach over $579 million in 2016. India’s routers and switches market is buoyed by several factors predominantly adoption of 3rd platform solutions such as cloud, mobility, big data & social business, internet enabled devices, Bring Your Own Device (BYOD), and growing number of SMEs in the country. Apart from this, India’s rising internet penetration along with growing IT spending spurred the market for routers and switches in the country. India’s internet penetration is poised to reach 40% - 45%, and IT spending to touch $116 billion by 2022.

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India Internet of Things Market to Grow at a CAGR of 28.2% during 2016-22; Driven by Industrial Vertical– 6Wresearch
24 November 2016

According to 6Wresearch, India Internet of Things Market is projected to grow at a CAGR of 28.2% during 2016-22. In India IoT market, Industrial IoT accounted for majority of the market share followed by consumer IoT. Industrial IoT segment market is registering growth on account of rise in industrial applications for increase in production. Government efforts to increase internet penetration through “Digital India Campaign” is resulting in spreading awareness and adoption of IoT amongst end users.

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India Network Attached Storage (NAS) (Up to 24-Bay) Market Revenue is Anticipated to Record $89 Million by 2022– 6Wresearch
24 November 2016

According to 6Wresearch, India Network Attached Storage (Up to 24-Bay) market revenue is forecast to reach $89 million 2022. NAS systems which were primarily used in large enterprises are now attaining acceptance in SME and home/ SOHO markets on the back of increasing awareness, declining prices and introduction of entry level NAS in Indian market. The market for NAS in India over the next six years is forecast to witness healthy growth attributed to increasing number of SMEs, rising IT budgets, and adoption of cloud based systems.

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Developing Infrastructure and Government Initiatives Would Boost India Transport Air Conditioner & Refrigeration Market During 2016-2022 – 6Wresearch
23 November 2016

According to 6Wresearch, India Transport Air Conditioner and Refrigeration market (including bus, rail and truck air conditioner & refrigeration system) touched $107 million in 2015. In India Transport Air Conditioner & Refrigeration market, rail segment accounted for majority of the revenue share followed by bus and truck segments.

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Infrastructure Development, Establishment of Nuclear and Solar Power Plants and Expanding Power Infrastructure Would Propel the Demand for Switchgears in UAE – 6Wresearch
18 November 2016

According to 6Wresearch, UAE switchgear market is projected to reach $1.35 billion by 2022. UAE Switchgear market is anticipated to witness moderate growth during the forecast period as a result of growing number of power plants and substations. In UAE, low and high voltage switchgears are expected to register key growth over the next six years on account of growing commercial sector and expanding transmission and distribution network.

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Growing Tourism and Service Sector Along With the Expected Recovery of the Mining and Construction Industry to Drive the Market for Diesel Gensets in Australia – 6Wresearch
17 November 2016

According to 6Wresearch, Australia Diesel Genset Market is projected to reach $765.4 Million by 2022. The market for diesel gensets in Australia witnessed sluggish demand over the past two years as a result of declining mining industry, which impacted the market for diesel gensets in Australia. However, during the forecast period, the demand for diesel genset is anticipated to rise owing to the growing tourism and service sectors.

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GCC Construction Equipment Market is Projected to Grow at a CAGR of 1.6% During 2016-22 – 6Wresearch
03 November 2016

According to 6Wresearch, GCC construction equipment market is forecast to grow at a CAGR of 1.6% during 2016-22. The GCC construction equipment market is highly consolidated, wherein few international players have acquired majority of the market share. International players have maintained their presence through tie-ups with local distributors/ dealers.

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UAE Smart Homes Market is one of the Fastest Growing Market in the GCC Region in 2015
25 October 2016

According to 6Wresearch, UAE Smart Homes Market is expected to grow at a CAGR of 14.8% from 2016 to 2022. During 2010-15, physical security system segment has witnessed largest number of installations in the country; however, energy management system segment captured major share of the market revenue pie. The key reason for the increasing revenue from the energy management system segment is the high prices of the HVAC and automation systems.

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UAE Air Conditioner Market to Grow on the Back of Dubai World Expo 2020 and Abu Dhabi Vision 2030 – 6Wresearch
17 October 2016

According to 6Wresearch, UAE Air Conditioner market is projected to grow at a CAGR of 6.1% from 2016 to 2022. Despite a decline in the construction industry due to unstable oil prices, air conditioner market growth rate remained positive with steady growth registered in in the year 2015 and 2016. With the aim of successful World Expo 2020, the Government of UAE is encouraging public & private investments to build the infrastructure for the upcoming event. Further, booming tourism industry as well as budding residential, commercial & retail verticals would excel the demand for air conditioning systems in the country.

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Investment Friendly Policies and Development of Industrial Sector to Drive Kenya’s Diesel Genset Market During 2016-22– 6Wresearch
03 October 2016

According to 6Wresearch, Kenya diesel genset market is projected to touch $206.5 Million by 2022. Low electrification rate and poor power quality are the major demand drivers for diesel gensets in Kenya. Emerging manufacturing, retail and ICT industries are other factors fueling the growth of Kenya’s diesel genset market.

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Infrastructure Projects Fueling the Growth of Construction Equipment Market in South-East Asia Region– 6Wresearch
02 October 2016

According to 6Wresearch, South-East Asia construction equipment market is forecast to grow at a CAGR of 2.3% during 2016-22. South-East Asia construction equipment market is highly consolidated with few players accounting for major share. International players are making footprints in local markets through tie-ups and joint ventures with local counterparts. Construction equipment market in South-East Asia is partially import driven and partially domestically procured.

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‘GCC Region’ a Key Emerging Region in Global Electronic Security Systems Market
02 October 2016

According to 6Wresearch, GCC electronic security market touched $495 million in 2015. In GCC electronic security market, Saudi Arabia is the leading revenue contributor, attributed to rapid expansion of public & private infrastructures, increasing government spending, emergence of new industries, growing investments and mandatory rules & regulations.

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