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

Oman’s Air Conditioner Market Outlook to register healthy growth rate owing to Government’s Push for Public-Private Partnerships in Building and Infrastructure Projects - 6Wresearch
17 July 2017

According to 6Wresearch, Oman Air Conditioner market is projected to grow at a CAGR of 5.8% during 2017-23. To decrease its dependency on oil, the sultanate is making provisions against ongoing or further drop in oil prices by investing more than $50 billion on infrastructural projects over the next 15 years, with $20 billion amount earmarked for the transportation sector alone.

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Kuwait Air Conditioner Market Poised to Grow at a CAGR of 6% During 2017-23 – 6Wresearch
17 July 2017

According to 6Wresearch, Kuwait Air Conditioner market is expected grow at a CAGR of 6% during 2017-23. Growth in Kuwait air conditioner market is likely to follow with the revamp of construction activities in the country predominantly on account of government’s initiatives to boost infrastructural development and support private sector with the expected recovery of oil prices.

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Construction Sector to Gear up Bahrain Air Conditioning Market aided by GCC Development Fund - 6Wresearch
17 July 2017

According to 6Wresearch, Bahrain Air Conditioner market is projected to grow at a CAGR of 4.5% during 2017-23. Supported by Gulf Development Program, contracts worth more than $395 million have been awarded to contractors for the development of housing units across the country. Announcement of tenders valued at $300 million for projects related to infrastructure is expected to record installation of air conditioners in the country.

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UAE Air Conditioning Market Set to Revamp in Anticipation of Major Upcoming Events - 6Wresearch
17 July 2017

According to 6Wresearch, UAE Air Conditioner market revenue is projected to reach over $1.5 billion by 2023. Value of projects currently under construction amounts to $154 billion with over $629 billion worth of projects in pipeline. Expected arrival of over 25 million tourists in the country in anticipation of Dubai Expo 2020, Dubai is set to be revamped with the establishment of trade centers, hotels & hospitals as well as expansion of rail network, and airport in the country.

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Growing Penetration of IP Video Surveillance Systems to Propel the Market for Video Surveillance Storage in the GCC Region– 6Wresearch
06 July 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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Brazil Key Contributing Market for Elevator and Escalator in Latin America Region- 6Wresearch
06 July 2017

According to 6Wresearch, Latin America Elevator and Escalator Market is expected to grow at a CAGR of 6.5% during 2017-23. Increasing government spending, infrastructural development and rising FDI in retail and construction sectors are few factors that would drive the demand for elevator and escalator systems in Latin American region. Also, declining import taxes in Brazil and Argentina would result in price reduction of various elevator and escalator system components leading to an increase in demand over the coming years.

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