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

Video Surveillance Systems Segment Captured More than 67% of the Market Revenues in Saudi Arabia’s Electronic Security Market
18 September 2016

According to 6Wresearch, Saudi Arabia’s electronic security (includes video surveillance, access control and intrusion detection systems) market touched $172 million in 2015, where majority of the market revenues were generated from video surveillance segment. The video surveillance market alone accounted for more than 67% of the market revenues in 2015, followed by access control and intrusion detection systems.

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Underdeveloped Power Infrastructure Key Factor For the Growth of Diesel Genset Market in Nigeria – 6Wresearch
23 September 2016

According to 6Wresearch, Nigeria Diesel Genset Market is projected to reach $694.8 million by 2022. Economic crisis due to low crude oil prices has led the country into recession with manufacturing and construction sector witnessing negative growth in 2016. However, during the forecast period, the market of diesel genset in Nigeria is expected to surge owing to the economic stability with the recovery in global oil prices.

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Accelerating Urban Development and Increased Local Manufacturing Fueling the Mexico’s Air Conditioner Market
13 September 2016

According to 6Wresearch, Mexico’s Air Conditioner market is projected to grow at a CAGR of 5.69% during 2016-22. During 2015-15, air conditioning market in Mexico registered negative CAGR owing to declining construction market and depreciating country’s currency. However, the market conditions are expected to improve over the next six years, which would spur the growth of the market. As per Mexican government National Infrastructure Program 2014-18, projects worth of $600 billion in private and public sectors are anticipated.

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Government Initiatives for Economic Diversification to Drive Saudi Arabia Diesel Genset Market During 2016-22– 6Wresearch
13 September 2016

According to 6Wresearch, Saudi Arabia Diesel Genset Market is projected to grow at a CAGR of 2.24% during 2016-22. Saudi Arabia’s construction industry witnessed sharp fall in 2015-16 with majority of infrastructure projects have been cancelled, delayed or put on hold. Significant reduction in government spending was registered due to low crude oil prices, which impacted infrastructure development activities resulting into decline in diesel genset market revenues. However, with the expected recovery of crude oil prices, the diesel genset market would rebound with increasing government expenditure on infrastructure development.

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Infrastructure Development Would Drive UAE Diesel Genset Market During 2016-22 – 6Wresearch
13 September 2016

According to 6Wresearch, UAE diesel genset market is projected to touch $309.9 Million by 2022. UAE diesel genset market is anticipated to witness negative growth during 2016-17 as a result of drop in global crude oil prices. However, the market is expected to rebound post 2017 owing to upcoming World Expo 2020, which would fueled the growth of infrastructure development in the country. During the forecast period, demand for diesel gensets on rent is expected to rise specifically from construction sector.

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