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

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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