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

Economic Diversification Beyond Oil Sector Would Surge Saudi Arabia Fire Safety Systems & Equipment Market– 6Wresearch
16 June 2017

According to 6Wresearch, Saudi Arabia Fire Safety Systems & Equipment market is projected to grow at a CAGR of 5.6% during 2017-23. The market is projected to witness a steady growth post 2017 with the expected recovery of crude oil prices. Saudi Government has proposed ‘Saudi Arabia Vision 2030’ wherein it is declared that the government would invest in non-oil sectors. Key developments are likely to take place in the retail, commercial, hospitality and petrochemical and chemical industries.

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Qatar Fire Safety Systems & Equipment Market is projected to grow at a CAGR of 6.2% during 2017-23, Backed by Huge Infrastructural Development Activities-6Wresearch
15 June 2017

According to 6Wresearch, Qatar Fire Safety Systems & Equipment market is projected to grow at a CAGR of 6.2% during 2017-23. Qatar, being the host country for FIFA World Cup, 2022 is expected to witness growth in fire safety systems & equipment market owing to large number of construction activities across all the verticals. Construction in the areas of retail, hospitality, transportation, entertainment, and residential are expected to create key demand for these systems and equipment in the country. To build the world class infrastructure for the upcoming World Cup, $203.35 billion are expected to be invested in the country.

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Growing Power Demand and Increase in Electric Vehicle Sales Would Boost the Energy Storage Systems Market in Europe– 6Wresearch
30 May 2017

According to 6Wresearch, Europe Energy Storage Systems market is projected to grow at a CAGR of 14.5% by 2023. Energy Storage market is expected to witness robust growth in the forecast period on account of growing wind energy farm installations, government subsidy and declining cost of lithium based energy storage batteries.

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Rising Security Concerns Coupled With Growing Internet Penetration Driving Video Surveillance as a Service Market in India – 6Wresearch
30 May 2017

According to 6Wresearch, India VSaaS market is projected to grow at a CAGR of 22% during 2017-2023; Managed VSaaS segment captured majority of the market share in 2016, however, with rising adoption of cloud services, hosted VSaaS segment is expected to exhibit highest growth during the forecast period. Further, the government & transportation vertical held highest VSaaS market share followed by the retail and commercial segments.

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India Building Automation Market is Forecast to Record 12% CAGR During 2017-23 -6Wresearch
17 May 2017

According to 6Wresearch, India building automation and controls market is expected to grow at a CAGR of over 12% from 2017 to 2023. India building automation market is highly fragmented wherein large number of domestic and international players are offering products. The government & transportation, residential and retail are the major revenue contributing verticals in the overall market.

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