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

Thailand Diesel Genset Market to Reach $81.6 Million by 2022 – 6Wresearch
02 September 2016

According to 6Wresearch, Thailand Diesel Genset Market is projected to reach $81.6 million by 2022. The market for diesel genset witnessed sluggish demand over the past two years due to slowdown in the industrial and construction activities as a result of political instability in Thailand. However, during the forecast period, the market of diesel genset in Thailand is expected to surge owing to the new investment friendly policies and to compensate the need for providing continuous and back-up power across the country.

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South-East Asia Emerging as Key Potential Region in Asia-Pacific Elevator and Escalator Market- 6Wresearch
29 August 2016

According to 6Wresearch, South-East Asia Elevator and Escalator Market is expected to grow at a CAGR of 3% during 2016-22. Growing number of skyscrapers, increasing deployment in residential vertical coupled with declining import taxes are driving the demand for elevator and escalator in South-East Asian region. Declining import taxes has resulted in reduction of prices of various commodities including elevator and escalator components. 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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Expansion of Industrial Sector Along With Rise in Foreign Investments Would Boost Vietnam Diesel Genset Market during 2016-22– 6Wresearch
25 August 2016

According to 6Wresearch, Vietnam Diesel Genset Market is projected to grow at a CAGR of 5.49% during 2016-22. The market for diesel genset witnessed slow growth during 2012-13 due to slowdown in FDI and construction activities on account of increasing bad debt in Vietnam which kept investors at bay. However, during the forecast period, the market for diesel genset in Vietnam is expected to surge owing to the new investment favorable policies and growing industrial & manufacturing sectors.

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‘North Africa’- The Next Big Air Conditioner Market: 6Wresearch
08 August 2016

According to 6Wresearch, North Africa Air Conditioner Market is projected to grow at a CAGR of 5.55% during 2016-22. “The market for air conditioners in North Africa region declined during 2012-15 due to weak economic conditions and civil unrest in certain countries. Residential, retail, commercial and hospitality are some of the key end users where growth is expected in the coming years.

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Medium Commercial Vehicle an Emerging Segment in India’s Commercial Vehicles Telematics Market– 6Wresearch
08 August 2016

According to 6Wresearch, India Commercial Vehicles Telematics Market is Projected to Reach $378 Million by 2022. Increasing road accidents, security concerns and need for fleet management are driving the adoption of telematics solutions in the country. Additionally, benefits such as reducing fuel consumption and repair costs would further spur the growth of the market.

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