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

Expansion in Power Transmission and Distribution Network, Growing Construction Industry Along with Rising Commercial Sector Would Fuel the Growth of Switchgear During 2018-24 - 6Wresearch
13 April 2018

According to 6Wresearch, Cambodia Switchgear Market Revenues are projected to grow at a CAGR of 9.5% during 2018-24. In Cambodia only 19 provinces out of 25 are connected with the electricity grid. Moreover, Cambodia government aims to connect all 25 provinces by grid until 2020. With such large-scale electrical grid development initiatives, the demand for switchgear across the country is anticipated to spur during the forecast period.

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Expanding Power Generation Capacity, Rising Infrastructure Development Along with Government Initiatives towards Industrial Growth Would Fuel Thailand Switchgear Market During the 2018-24 - 6Wresearch
13 April 2018

According to 6Wresearch, Thailand Switchgear Market Revenues are projected to grow at a CAGR of 4.0% during 2018-24. Thailand's government aims to reduce the dependency over natural gas-based fuel source by constructing new power plants based on alternative energy sources. According to Alternative Energy Development Plan, around 25% of the overall energy would be generated from alternative energy sources such as solar, wind and biomass by 2021. All such factors would drive the switchgear market in coming years.

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Increasing Access to Electrification along with Strengthening Power Sector Would Drive the Myanmar Switchgear Market - 6Wresearch
12 April 2018

According to 6Wresearch, the Myanmar Switchgear Market revenues are projected to grow at a CAGR of 8.4% during 2018-24. In order to keep up with the growing population of Myanmar, the Ministry of Construction plans on developing several residential and commercial projects in future, which would generate more demand for MCCBs, MCBs and other low voltage switchgears

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Burgeoning Power Sector and Rising Investment in Transportation Infrastructure would be the Key Drivers for the Growth of Vietnam Switchgear Market - 6Wresearch
12 April 2018

Vietnam Switchgear market revenues are projected to grow at a CAGR of 7.1% during 2018-24. According to the Department for Economic Zones Management (DEZM), industrial parks and special economic zones in Vietnam attracted more than 850 domestic and foreign investment projects worth $12.4 billion in 2017. Stable economic growth and rising inflow of foreign direct investment in industrial sector would be some of the key factors on account of which the switchgear market of the country would register a healthy growth during 2018-24.

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Rising Residential Units in Dubai, Abu Dhabi and Sharjah Would Spur the Growth of Kitchen Hood Market in UAE - 6Wresearch
04 April 2018

According to 6Wresearch, UAE kitchen hood market is projected to grow at a CAGR of 11.5% during 2018-24. Healthy growth is anticipated on the back of growing investment and development of residential and commercial sectors in UAE due to upcoming Dubai Expo 2020. Several new projects in both residential and commercial sectors have been allotted by the UAE government.

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