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

Rising Defense Spending Spurring the Market for India’s Thermal Imaging Market –6Wresearch
28 March 2016

According to 6Wresearch, India thermal imaging market is forecast to grow at a CAGR of 8.9% during 2016-22. Defense vertical accounted for highest deployment of thermal imaging devices & systems across Indian market followed by industrial and commercial vertical markets. Apart from defense vertical, industrial vertical market is registering promising demand for thermal imaging devices on account of increasing usage for building diagnostics, firefighting, process automation, testing & measurement, electrical & mechanical predictive maintenance.

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Defense Upgrades Projects Are Driving the Demand for Thermal Imaging Devices/ Systems Market in Brazil– 6Wresearch
15 March 2016

According to 6Wresearch, Brazil thermal imaging market is forecast to reach $79.4 million by 2022. Defense projects pertaining to upgrades of helicopters & aircrafts and introduction of new mechanized infantry vehicle for Brazilian Army have spurred the market for thermal imaging systems in Brazil. Though, the market witnessed growth during 2012-14; in 2015 due to weak economic conditions and lower defense spending the market registered negative growth rate. By 2017, the market would bounce back on account of recovery of the economy and defense spending.

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Post Removal of International Sanctions- Iran Construction Equipment Market is All Set to Record Key Growth, 6Wresearch
02 March 2016

According to 6Wresearch, Iran’s Construction Equipment Market is anticipated to register 7.9% growth in the year 2016. Over the next six years, entry of international real estate players and expansion of public & private infrastructures is projected, which would fuel the market for construction equipment.

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India to Register Augmented Growth of TLC 3D NAND SSDs During 2016-22: 6Wresearch
01 March 2016

According to 6Wresearch, India solid state drive market is forecast to reach $128 million by 2022. Until 2015, data storage device market is dominated by Hard Disk Drive (HDD) segment acquiring nearly 90% of the share, though is witnessing year-over-year decline. Apart from external HDD which currently accounts for over 20% of overall HDD shipment, internal HDD’s demand is further projected to decline owing to market saturation and growing adoption of NAND flash memory storage devices, predominantly SSDs.

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Nigeria Air Conditioner Market to Recover After Declining in the Year 2015 – 6Wresearch
29 February 2016

According to 6Wresearch, Nigeria Air Conditioner Market is projected to grow at a CAGR of 5.7% during 2016-22. Though, the market recorded significant growth during 2010-14, however, in the year 2015, Nigerian air conditioner market declined on the back of slumping global oil prices and weak economic conditions. Further, several projects were on hold due to elections in the country, which resulted into this decline.

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