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

Saudi Arabia Construction Equipment Market is Projected to Grow at a CAGR of 3.1% During 2017-22.-6Wresearch
09 February 2017

According to 6Wresearch, Saudi Arabia Construction Equipment market is projected to grow at a CAGR of 3.1% during 2017-22. Saudi Arabia construction equipment market declined considerably in 2015 owing to slump in construction industry as a result of fall in government revenues due to low crude oil prices. However, the market is anticipated to recover post 2018 with increasing government spending on infrastructure development on the back of anticipated rise in crude oil prices.

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Growing Infrastructure Investment and Power Sector to boost India Package Substation Market – 6Wresearch
08 February 2017

According to 6Wresearch, India Package Substation market is projected to grow at a CAGR of 7.8% during 2017-23. Package Substation market in India has witnessed rapid growth over the past five years due to increasing demand for power as an effect of infrastructure development and rapid industrialization. During the forecast period, the market of package substation is expected to rise with expansion of power transmission and distribution network, infrastructure development and growth in renewable energy sector.

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India Air Purifier Market Volume to Grow at a CAGR of 30% during 2017-23 - 6Wresearch
03 February 2017

According to 6Wresearch, India Air Purifier Market Volume is projected to grow at a CAGR of 30% during 2017-23. Contradictory to its core benefits i.e. cleaning indoor pollutants, the market is currently driven by the hype of density of outdoor pollution through media. This has spurred the overall market especially in tier-1 cities across India, wherein Delhi contributes more than half of total market. The market for air purifiers in India is highly cyclic in nature, where the major demand comes around in winters due to presence of smog. The trend is likely to continue for the next 2-3 years as well.

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Advent of OOH Advertising Coupled with Growing Awareness to Propel India Digital Signage Market– 6Wresearch
01 February 2017

According to 6Wresearch, India digital signage market is projected to reach $874 million by 2022. Although, India’s digital signage market is yet to develop on larger scale due to low degree of awareness in semi-urban and rural parts of the country. Increasing public infrastructure development activities would drive the penetration of digital signage systems in the country in the coming years.

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India Elevator & Escalator Market is projected to grow at a CAGR of 8.1% during 2017-23 – 6Wresearch
25 January 2017

According to 6Wresearch, India Elevator & Escalator Market is projected to grow at a CAGR of 8.1% during 2017-23. In the year 2016, the market declined and a similar trend is expected in 2017 due to decline in construction industry and demonetization of the Indian currency. Demonetization is likely to impact the spending, which would further affect the purchasing decisions of the end users; however, market is expected to recover in 2018.

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