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

UAE Smart Homes Market is one of the Fastest Growing Market in the GCC Region in 2015
25 October 2016

According to 6Wresearch, UAE Smart Homes Market is expected to grow at a CAGR of 14.8% from 2016 to 2022. During 2010-15, physical security system segment has witnessed largest number of installations in the country; however, energy management system segment captured major share of the market revenue pie. The key reason for the increasing revenue from the energy management system segment is the high prices of the HVAC and automation systems.

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UAE Air Conditioner Market to Grow on the Back of Dubai World Expo 2020 and Abu Dhabi Vision 2030 – 6Wresearch
17 October 2016

According to 6Wresearch, UAE Air Conditioner market is projected to grow at a CAGR of 6.1% from 2016 to 2022. Despite a decline in the construction industry due to unstable oil prices, air conditioner market growth rate remained positive with steady growth registered in in the year 2015 and 2016. With the aim of successful World Expo 2020, the Government of UAE is encouraging public & private investments to build the infrastructure for the upcoming event. Further, booming tourism industry as well as budding residential, commercial & retail verticals would excel the demand for air conditioning systems in the country.

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Investment Friendly Policies and Development of Industrial Sector to Drive Kenya’s Diesel Genset Market During 2016-22– 6Wresearch
03 October 2016

According to 6Wresearch, Kenya diesel genset market is projected to touch $206.5 Million by 2022. Low electrification rate and poor power quality are the major demand drivers for diesel gensets in Kenya. Emerging manufacturing, retail and ICT industries are other factors fueling the growth of Kenya’s diesel genset market.

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Infrastructure Projects Fueling the Growth of Construction Equipment Market in South-East Asia Region– 6Wresearch
02 October 2016

According to 6Wresearch, South-East Asia construction equipment market is forecast to grow at a CAGR of 2.3% during 2016-22. South-East Asia construction equipment market is highly consolidated with few players accounting for major share. International players are making footprints in local markets through tie-ups and joint ventures with local counterparts. Construction equipment market in South-East Asia is partially import driven and partially domestically procured.

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‘GCC Region’ a Key Emerging Region in Global Electronic Security Systems Market
02 October 2016

According to 6Wresearch, GCC electronic security market touched $495 million in 2015. In GCC electronic security market, Saudi Arabia is the leading revenue contributor, attributed to rapid expansion of public & private infrastructures, increasing government spending, emergence of new industries, growing investments and mandatory rules & regulations.

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