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

Growing Retail Sector with Rising Demand for Premium Chocolates Would Fuel the Growth of Chocolate Market in Middle East - 6Wresearch
30 August 2017

According to 6Wresearch, Middle East Chocolate market is anticipated to grow at a CAGR of 4.8% during 2017-23. Countries such as Saudi Arabia, UAE and Qatar would drive the market during the forecast period due to growing organized retail sector and upcoming global events such as Dubai World Expo 2020 and 2022 FIFA World Cup in Qatar. Companies such as Mondelez international and Mars are targeting local markets by expanding their manufacturing facilities in the region.

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Increasing Need for Smart Avionics and Rising Defense Spending would Surge the Growth of India Unmanned Aerial Vehicle Market – 6Wresearch
21 August 2017

According to 6Wresearch, India UAV market is projected to grow at a CAGR of 18% during 2017-23. In terms of revenues, India UAV market is led by Long Range UAV with Medium Altitude & Long Endurance (MALE) segment, followed by Medium Range, and Mini-UAV segments; wherein Mini-UAV segment registered healthy growth over the last few years. With expected UAV policy framework for 2020, followed by a detailed one in 2025, the market is expected to register higher growth over the coming years.

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UAE a Key Growing Market for Video Surveillance Systems in the GCC Region- 6Wresearch
11 August 2017

According to 6Wresearch, UAE Video Surveillance market is projected to reach $194 million by 2023. In 2016, the video surveillance market registered marginal growth in terms of demand owing to falling government spending. The government spending was majorly affected on account of declining oil prices; however, the market is anticipated to bounce back with the recovery of oil prices post 2017

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Rising Adoption of Electric Vehicles (EVs) and Surging Demand for Uninterrupted Power Supply (UPS) are catalyzing the growth of Lithium Ion Batteries Market in India-6Wresearch
04 August 2017

According to 6Wresearch, India Lithium Ion Batteries Market is projected to grow at a CAGR of 27% during 2017-23. The consumer electronics application segment held major share in the overall market in 2016 and is likely to exhibit tremendous growth during the forecast period. Among several components, cathode captured majority of the market share.

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Growing Construction Activities in the areas of Transportation, Retail, Commercial Buildings, Hospitality and Surging Demand in Tier II cities Driving the Market for Air Conditioners in India –6Wresearch
03 August 2017

According to 6Wresearch, India Air Conditioner Market is projected to grow by 8.7% during 2017-23. In the Asia-Pacific region, India is amongst the fastest growing air conditioner market; rising per capita income, presence of large number of global and local players, emergence of mega infrastructure with surging investments have driven the markets for various type of air conditioning units in the country. Navi Mumbai International Airport (NMIA), Delhi Mumbai Industrial Corridor (DMIC) and Gujarat International Finance Tec-City (GIFT)

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