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

Nigeria Air Conditioner Market to Recover After Declining in the Year 2015 – 6Wresearch
29 February 2016

According to 6Wresearch, Nigeria Air Conditioner Market is projected to grow at a CAGR of 5.7% during 2016-22. Though, the market recorded significant growth during 2010-14, however, in the year 2015, Nigerian air conditioner market declined on the back of slumping global oil prices and weak economic conditions. Further, several projects were on hold due to elections in the country, which resulted into this decline.

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India Air Purifier Market registered substantial growth in 2015. Sharp captured Lion’s share of the market – 6Wresearch
17 February 2016

India Air Purifier Market registered revenues of around $.03 Billion in 2015 primarily driven by rapid urbanization, increasing usage of non-renewable sources of energy, increasing consumer awareness as well as soaring level of pollution and rising number of vehicles.

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Slumping Oil Prices, Weakening Economy and Expected Reduction in Investments to Affect Saudi Arabia’s Elevator & Escalator Market Growth for the Next Two Years – 6Wresearch
11 February 2016

Saudi Arabia is one of the key revenue generating countries in the Middle-East elevator and escalator market. The market registered growth on account of urbanization, government spending, surging construction market, expansion of metros & airports, upcoming new hotels & malls and growing skyscrapers.

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Unreliable Power Grid Coupled with Rising Commercial and Industrial Sectors to Spur the Market for Diesel Gensets in Indonesia - 6Wresearch
09 February 2016

According to 6Wresearch, Indonesia Diesel Genset market is forecast to grow at a CAGR of 6.7% during 2016-22. In Indonesia, telecommunication sector is the key demand driver for diesel gensets, where these are used to provide continuous and backup power to telecom towers. Additionally, industrial and residential consumers in remote areas are dependent on diesel gensets due to inadequate electricity transmission network. Diesel gensets dominate the overall Indonesia’s genset market; however, adoption of alternative fuel powered and gas based gensets are expected to surge in the country.

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India Air Purifier Market Registered Revenue of $27.17 Million in CY’2015 (Jan-Dec). Sharp emerged as the market leader – 6Wresearch
21 January 2016

According to the latest report by 6Wresearch on India Air Purifier Market 2016, India Air purifier market recorded revenues worth $27.17 Million in 2015 and is anticipated to grow exponentially over the coming years as well. Sharp emerged as the leader with a market share of around 23% (in volume terms) in CY’2015, closely followed by Philips, Eureka Forbes and Daikin. According to a WHO report 2014, Delhi recorded the highest pollution level and as a result the city registered highest sales of Air Purifiers in India followed by other cities such as Bengaluru, Mumbai and Hyderabad

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