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

India, Thailand, Malaysia, Indonesia and Vietnam are the Key Contributors in South and Southeast Asia Elevator and Escalator Market – 6Wresearch
31 October 2017

According to 6Wresearch, South and Southeast Asia Elevator and Escalator Market is expected to grow at a CAGR of 6% during 2017-23. Rising construction of skyscrapers, increasing acceptance in residential vertical coupled with decline in import taxes would drive the demand for elevator and escalator systems in South and South East Asian region. Declining import taxes has further propelled price reduction of various elevator and escalator system components. For instance, Vietnam Ministry of Finance has reduced tariff rates to zero on 90% of the goods under the ASEAN Trade in Goods Agreement (ATIGA).

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Men Fragrances & Deodorants Segment to Record Key Growth in India’s Men Grooming Market – 6Wresearch
27 October 2017

According to 6Wresearch, India men grooming market is projected to grow at a CAGR of 15% during 2017-23. Over the last few years, fragrances and deodorants segment registered higher adoption across India, especially in Tier-II and III cities. Previously, major male population were primarily reliant on talcum powders to avoid body odor, however now they have aggressively switched towards deodorants, and expensive perfumes. The segment is also buoyed by growing consumer awareness on account of aggressive advertisement campaigns by OEMs, along with expansion of product portfolio by new companies such as “no gas” deodorants.

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Growing Awareness Towards Energy Conservation and Reducing Carbon Footprints are Driving the Growth of Electric Drives Market in India-6Wresearch
23 October 2017

According to 6Wresearch, India Electric Drives Market is projected to grow at a CAGR of 7.3% during 2017-2023. AC drives dominated the market in 2016 and are expected to lead the market during the forecast period. Low voltage drives owing to its extensive usage across all types of motion-based applications captured majority of the share as compared to medium voltage drives.

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Expansion of Telecom Infrastructure and Conversion of Telecom Towers into Green Sites Would Drive Telecom Tower Power Systems Market in India- 6Wresearch
18 October 2017

According to 6Wresearch, India telecom tower power systems market revenues are projected to grow at a CAGR of 4.1% during 2017-23. Tier 2 and tier 3 cities in the Eastern and Western regions would accelerate the growth of the market on the back of growing number of mobile subscribers. Further, increasing internet penetration would encourage telecom companies to install new towers in smaller cities which would drive the telecom tower power systems market in India.

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Outdoor Application to Register Higher Adoption of Digital Signage Systems over the Next Six Years– 6Wresearch
17 October 2017

According to 6Wresearch, UAE Digital Signage Market is expected to grow at a CAGR of 15% during 2017-23. Number of tourists visiting Dubai reached a figure of nearly 15 million in 2016 and it is anticipated to register a rise by 79% in the next four years. This has resulted in huge growth in region’s hospitality and retail industry marked by increase in hotels and mall projects across the region.

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