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Growing Demand for Aesthetic Modular Kitchen Solutions and Rising Standard of Living Buoyed the Growth of India Electric Chimney Market–6Wresearch
23 November 2017

According to 6Wresearch, India electric chimney market is projected to grow at a CAGR of over 14% during 2017-23. Over the past few years, the electric chimney market has gained higher acceptance across both residential and commercial applications, attributed to rising disposable income and installations in newly built residential apartments. In terms of regions, the Southern region recorded highest revenue share on the back consumer acceptance and advantages pertaining over the conventional exhaust fan solutions.

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Increasing Electricity Consumption along With Large Scale Infrastructure Development Would Fuel the Growth of Power and Distribution Transformer Market in the Middle East Region– 6Wresearch
22 November 2017

According to 6Wresearch, Middle East Power and Distribution Transformer market revenue is projected to reach $1.6 billion by 2023. Mega projects such as Riyadh Light Rail Transit, Lusail city (Qatar), Al Maktoum International Airport expansion, Al Raha Beach Development and ETIHAD RAIL (EMIRATES RAILWAY PROJECT) - Stage 2 would further increase the demand for power and distribution transformers in the region. Additionally, government initiatives to expand the power transmission and distribution network as well as allowance for economic diversification across the region to cater the growing electricity demand would fuel the growth of transformer market over the coming years.

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Saudi Arabia a Key Market for Intrusion Detection Systems in the GCC Region -6Wresearch
22 November 2017

According to 6Wresearch, Saudi Arabia Intrusion Detection market is projected to grow at a CAGR of 18.1% during 2017-23. Saudi Arabia’s Intrusion Detection market is poised to due to several key factors predominantly by the recovery of crude oil prices. Further, with the announcement of government smart cities project, under which construction of 10 smart cities are to be completed by 2020 would further result in an increase in demand for intrusion detection system in Saudi Arabia over the next three years.

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Saudi Arabia UPS Market Revenue is buoyed to grow at a CAGR of 4.0% by 2023 - 6Wresearch
21 November 2017

According to 6Wresearch, Saudi Arabia UPS market revenues are projected to grow at a CAGR of 4.0% from 2017-23. Emerging IT/ITES market, growing data center spending as well as booming tourism, leisure & hospitality sectors are some of the key factors anticipated to drive the growth of UPS market in Saudi Arabia over the coming years. With spending on data centers to grow around 10% by 2019, expansion of data centers seems promising in near future. Additionally, IT spending in Saudi Arabia is expected to cross the mark of $7 billion in 2017.

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Increasing Power Tariff along with Declining Battery Cost Would Drive the Australia Energy Storage Systems Market during the Forecast Period – 6Wresearch
20 November 2017

According to 6Wresearch, Australia energy storage systems market revenues are projected to grow at a CAGR of 30.1% during 2017-23. Large-scale storage projects such as Tesla’s 100 MW battery and Lyon Group’s $1 billion solar farm are presently under construction and with multiple power plus storage projects in pipeline, the sale of energy storage solutions is anticipated to witness rapid growth.

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