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

Government’s Focus towards Rising Non-Oil Revenues along with Growing Petrochemical, Chemical and Fertilizer Industries would ignite the Demand for Electric Drives in Saudi Arabia– 6Wresearch
21 June 2017

According to 6Wresearch, Saudi Arabia Electric Drives market revenues are projected to grow at a CAGR of 5.3% during 2017-23. Electric drive is the key component in the industrial segment as these regulate motor speed according to the present load of electric motor, which results in less consumption of energy. With Vision 2030 focusing on the development of manufacturing sector, requirement for energy efficient electric drives would grow during the forecast period.

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Infrastructure Development and New Fire Safety Regulations Would Propel UAE Fire Safety Systems & Equipment Market – 6Wresearch
21 June 2017

According to 6Wresearch, UAE Fire Safety Systems & Equipment market is projected to grow at a CAGR of 10.1% during 2017-23. The market is projected to witness significant growth with the rising tourism sector in the country. According to the ‘UAE Vision 2021’, launched by the government in 2010, the government would increase its investment in healthcare, infrastructure and education sectors

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India Solid State Drive Market is Projected to Reach $156 Million by 2023– 6Wresearch
16 June 2017

According to 6wresearch, India solid state drive market to record $156 million by 2023. Growing demand for high-end computing systems for enterprise segment, growing number of data centers, increasing penetration of on-premise storage system, coupled with proliferation of big data & cloud computing markets are the key driving factors for India SSD market. Presently, Multi-Level Cell (MLC) SSD segment

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Economic Diversification Beyond Oil Sector Would Surge Saudi Arabia Fire Safety Systems & Equipment Market– 6Wresearch
16 June 2017

According to 6Wresearch, Saudi Arabia Fire Safety Systems & Equipment market is projected to grow at a CAGR of 5.6% during 2017-23. The market is projected to witness a steady growth post 2017 with the expected recovery of crude oil prices. Saudi Government has proposed ‘Saudi Arabia Vision 2030’ wherein it is declared that the government would invest in non-oil sectors. Key developments are likely to take place in the retail, commercial, hospitality and petrochemical and chemical industries.

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Qatar Fire Safety Systems & Equipment Market is projected to grow at a CAGR of 6.2% during 2017-23, Backed by Huge Infrastructural Development Activities-6Wresearch
15 June 2017

According to 6Wresearch, Qatar Fire Safety Systems & Equipment market is projected to grow at a CAGR of 6.2% during 2017-23. Qatar, being the host country for FIFA World Cup, 2022 is expected to witness growth in fire safety systems & equipment market owing to large number of construction activities across all the verticals. Construction in the areas of retail, hospitality, transportation, entertainment, and residential are expected to create key demand for these systems and equipment in the country. To build the world class infrastructure for the upcoming World Cup, $203.35 billion are expected to be invested in the country.

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Growing Power Demand and Increase in Electric Vehicle Sales Would Boost the Energy Storage Systems Market in Europe– 6Wresearch
30 May 2017

According to 6Wresearch, Europe Energy Storage Systems market is projected to grow at a CAGR of 14.5% by 2023. Energy Storage market is expected to witness robust growth in the forecast period on account of growing wind energy farm installations, government subsidy and declining cost of lithium based energy storage batteries.

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Rising Security Concerns Coupled With Growing Internet Penetration Driving Video Surveillance as a Service Market in India – 6Wresearch
30 May 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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India Building Automation Market is Forecast to Record 12% CAGR During 2017-23 -6Wresearch
17 May 2017

According to 6Wresearch, India building automation and controls market is expected to grow at a CAGR of over 12% from 2017 to 2023. India building automation market is highly fragmented wherein large number of domestic and international players are offering products. The government & transportation, residential and retail are the major revenue contributing verticals in the overall market.

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Demand from Petrochemical, Chemical and Fertilizer Industries along with Diversification of Economy towards Non-Oil Sectors to Boost the Market for Electric Motors in Saudi Arabia – 6Wresearch
11 May 2017

According to 6Wresearch, Saudi Arabia electric motors market revenues are projected to grow at a CAGR of 5.3% during 2017-23. Growing petrochemical and chemical industry, increasing investments in infrastructure projects along with increasing water & electricity consumption owing to rising population are some of the factors which would drive the Saudi Arabia electric motor market in the forecast period.

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IP Video Surveillance Segment Gaining Popularity in India Video Surveillance Market - 6Wresearch
09 May 2017

According to 6Wresearch, India Video Surveillance Market is projected to grow at a CAGR of nearly 13% during 2017-23. Over the past 5 years, India has experienced rising terrorist activities, communal violence and homicide cases which have prompted the Indian Government to take proactive measures for strengthening homeland security. Rapid industrialization, urbanization and growing commercial market have further contributed to the growth of India’s Video Surveillance Market.

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Short Term Operating Reserve (STOR) and Growing Retail & Commercial Sectors Would Spur the Diesel Genset Market in United Kingdom– 6Wresearch
08 May 2017

According to 6Wresearch, United Kingdom Diesel Genset market is projected to grow at a CAGR of 2.5% by 2023. Diesel Genset market is anticipated to register modest growth rate in the forecast period on account of demand from residential sector, capacity market and the automotive sector. However, decline in oil prices has affected the market in Scotland and uncertainties due Brexit

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Rising Mining Activities, Expansion of Public Transport Infrastructure and Oil & Gas Exploration Activities Across the World Would Drive Global E-House Market- 6Wresearch
20 April 2017

According to 6Wresearch, Global E-House Market Volume is projected to grow at a CAGR of 8.5% during 2017-23. Development of smart grids and establishment of nuclear and renewable energy power plants, along with offshore oil & gas exploration and construction of rail freight corridors are anticipated to drive the demand for E-House globally.

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