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

Government Initiatives to Drive Cashless Economy, Recent Demonetization and Increasing Usage of Plastic Money Spurring the Market of Point of Sale (POS) Terminals in India – 6Wresearch
06 April 2017

According to 6Wresearch, India POS terminal Market is expected to grow at a CAGR of 16% during 2017-23. POS terminal penetration has increased steadily over the previous two years with increased usage of credit and debit cards in the country. This increase in card usage can be attributed to government initiatives like ‘Pradhan Mantri Jan Dhan Yojna’ and profits being earned by the card issuing bank from the interchange fee of a card transaction at POS terminals. These factors led to the issuance of over 767 million debit and credit cards in the country.

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Australia and New Zealand Elevator & Escalator Market to Grow at a CAGR of 4.4% During 2017-23- 6Wresearch
29 March 2017

According to 6Wresearch, Australia and New Zealand Elevator and Escalator Market is expected to Register a CAGR of 4.4% during 2017-23. Growing skyscraper construction, surge in construction market, growing government spending, infrastructural development projects, and increasing FDI in retail and construction market along with growing installation of elevators in residential vertical would drive the demand for elevator and escalator systems in Australia and New Zealand over the next six years.

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Government Initiatives Coupled with Falling Prices are Driving India’s LED Lighting Market– 6Wresearch
20 March 2017

According to 6Wresearch, India LED Lighting market is projected to grow at a CAGR of 26.6% during 2017-23. India’s LED Lighting market is projected to witness robust growth owing to government initiatives such as UJALA, Housing for All and Deendayal Upadhayaya Gram Jyoti Yojna (DDUGJY). Furthermore, missions such as Smart Cities would also drive the LED lighting market in the coming years.

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Saudi Arabia Diesel Genset Rental Market is Forecast to Grow at a CAGR of 3.7% During 2017-22 – 6Wresearch
17 March 2017

According to 6Wresearch, Saudi Arabia diesel genset rental market is forecast to grow at a CAGR of 3.7% during 2017-22. Low investment in construction sector due to declined government spending during 2015-16 impacted the growth of diesel genset rental market in Saudi Arabia.

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Rising Infrastructure Development and Expanded Use of Public Private Partnership (PPP) Model in Transportation Sector Would Drive the Demand for Asphalt Pavers in Latin America – 6Wresearch
16 March 2017

According to 6Wresearch, Latin America asphalt paver market revenue is projected to grow at a CAGR of 4.8% during 2017-22. Big pavers ranging 7,000-18,000 Kg leads the market volume share and expected to continue their dominance in future on account of expanding highway network across the region.

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