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Development of Non-Oil Sectors, Economic Diversification, Recovery of Government Spending, and Expansion of Infrastructure Would Fuel the Growth of Air Conditioner Market in Saudi Arabia - 6Wresearch
23 August 2018

According to 6Wresearch, Saudi Arabia Air Conditioner Market is projected to grow at a CAGR of 3.1% during 2018-24. Saudi Arabia have been an oil-based economy over two decades. As part of its Vision 2030 plan, the country's non-oil revenues increased by 1.5% in 2017 as compared to the previous year and is further expected to expand by 3.7% in the aftermath of slump in oil prices.

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Growing Energy Demand and Rising Concern for Sustainable Development would be the Key Drivers for the Growth of Building Energy Management Systems in the United States - 6Wresearch
23 August 2018

According to 6Wresearch, United States Building Energy Management Systems market revenues are projected to grow at a CAGR of 12.2% during 2018-24. The government of United States is supporting deployment of energy efficient devices and equipment through several incentives such as Federal Energy Management Program and Corporate Energy Management.

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Riyadh and Jeddah are the Key Contributors in the Growth of Saudi Arabia Elevator and Escalator Market - 6Wresearch
17 August 2018

According to 6Wresearch, Saudi Arabia Elevator and Escalator Market is expected to grow at a CAGR of 4.9% during 2018-24. Healthy growth is anticipated during the forecast period on the back reviving oil prices, expected increase in government spending, construction of new hotels and shopping mall projects and increasing inflow of FDI in the construction and retail sectors.

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Rising Construction Activities and Changing Lifestyle Would Fuel the Demand for Building Energy Management System Components in Saudi Arabia - 6Wresearch
17 August 2018

According to 6Wresearch, Saudi Arabia Building Energy Management System Components Market is projected to grow at a CAGR of 2.8% during 2018-24. With several new projects such as upcoming hotels, healthcare centers, and entertainment cities coming up, the Saudi Arabia commercial sector is set to witness substantial growth which would consequentially drive the growth of building energy management system components market.

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Substantial Investment in Infrastructure for Major Global Events Coupled with Expansion of Industrial and Manufacturing Sectors Would Drive the Middle East Power Tools Market Over the Next Six Years - 6Wresearch
09 August 2018

According to 6Wresearch, Middle East Power Tools market is projected to grow at a CAGR of 9.0% during 2018-24. With stabilization of oil prices, government spending is expected to firm up and construction market is likely to regain momentum. Additionally, major global events such as World Expo 2020 in Dubai and Qatar World Cup 2020

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