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

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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Growing Tourism Sector, Expanding Infrastructure and Growing Awareness Spurring the Demand for Fire Safety Systems and Equipment Market in Africa Region- 6Wresearch
02 August 2017

According to 6Wresearch, Africa Fire Safety Systems and Equipment Market is projected to grow at a CAGR of 10.2% during 2017-23. South Africa, Nigeria and Egypt are the key countries which are increasing the demand for fire safety systems and equipment market in Africa. Further, government initiative for economic diversification has further spur the market for fire safety systems and equipment.

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Growing Farm Mechanization, Expanding Logistic Industry as well as Increasing Telecom Towers would Surge the Demand for 5-30 Hp Diesel Engines by 2023 – 6Wresearch
31 July 2017

According to 6Wresearch, India 5-30 Hp diesel engine market revenues are projected to grow at a CAGR of 3.9% during FY2018-23. Government initiatives such as Pradhanmantri Krishi Sinchai Yojana, which aims to reduce monsoon dependency and increasing irrigation cover across the nation would rise the demand for farm equipment during the forecast period, thus driving the demand for 5-30 Hp diesel engines.

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Recovery of Construction Sector and Rising Power demand coupled with Economic Diversification would fuel the Growth of Diesel Genset in Middle East - 6Wresearch
26 July 2017

According to 6Wresearch, Middle East Diesel Genset market is anticipated to grow at a CAGR of 4.3% during 2017-23. 5-75 KVA rating diesel gensets acquired majority share in Middle East diesel genset market due to high demand in construction, retail and telecom sectors followed by medium rating, 75-375 KVA, diesel gensets. Qatar is experiencing highest growth rate in the region due to increasing infrastructural development related to 2022 FIFA World Cup. Iran is another potential market for diesel genset due to removal of economic sanctions.

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Government’s Vision of 6 Million Electric Vehicles (EVs) on Road by 2020 to propel the Growth of EV Powertrain Systems Market in India - 6Wresearch
17 July 2017

According to 6Wresearch, India electric vehicle powertrain systems market is projected to grow at a CAGR of over 26% during 2017-23. Battery Electric Vehicle (BEV) segment dominated the overall market in 2016 and is likely to exhibit tremendous growth during the forecast period. Among several EV powertrain components

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Saudi Arabia Air Conditioner Market Revenues Poised to Exceed $1.9 Billion by 2023 - 6Wresearch
17 July 2017

According to 6Wresearch, Saudi Arabia Air Conditioners market revenue is projected to reach over $1.96 billion by 2023. Saudi Arabia, being an oil based economy over two decades, as part of its Vision 2030 plan is now aiming to increase the overall non-oil government revenues from $43.5 billion to $160 billion by 2020, and to $266.6 billion by 2030 in the aftermath of slump in oil prices.

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Qatar Air Conditioner Market Revenues to Reach $665 Million by 2023 - 6Wresearch
17 July 2017

According to 6Wresearch, Qatar Air Conditioner market revenues are anticipated to reach over $665 million by 2023. Qatar is likely to exhibit high intensity construction activities primarily driven by FIFA World Cup 2022. The government is planning to spend over $200 billion as a part of a major infrastructural investment scheme between 2016 and 2022.

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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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