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

Growing Need for Vertical Transportation is likely to Drive the Growth of Singapore Elevator and Escalator Market Over the Coming Years - 6Wresearch
05 June 2018

According to 6Wresearch, Singapore elevator and escalator market is projected to grow at a CAGR over 4.2% during 2017-23. The market would be buoyed by commercial segment applications including corporate offices, malls, transit systems, hotels, and hospitals. Moreover, escalator market segment is demonstrating high growth for the past few years owing to growing automation needs and for convenience of commuters.

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Expanding Renewable Energy Sector Along with Growing Government Focus on Non-Oil Economic Development Would Surge the Demand for Saudi Arabia Solar Panel Market by 2024 - 6Wresearch
01 June 2018

According to 6Wresearch, Saudi Arabia Solar Panel Market revenues are projected to grow at a CAGR of 30.2% during 2018-24. Upcoming projects such as $200 billion 200 GW solar power plant and the $130 million Al-Khafji solar powered water desalination plant would increase the demand for solar panels in the Kingdom. Additionally, in the FY2019 national budget, the Saudi government has allocated $7 billion for the development of renewable energy projects.

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BFSI and Retail are Likely to Emerge as the Key Verticals for the Growth of India Interactive Kiosk Market-6Wresearch
28 May 2018

According to 6Wresearch, India Interactive Kiosk market revenues is projected to grow at a CAGR of over 17% during 2018-24. Integration of advanced technology in interactive kiosk has resulted wide range of functions including catalog information, cash deposit, money transfer, ticket booking, etc. Further, increasing consumer adoption for interactive kiosk solutions coupled with improvement in customer experience

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Government's Target to Attain 100 GW Solar Energy by 2022 is Driving the Growth of Solar Inverter Market in India - 6Wresearch
21 May 2018

According to 6Wresearch, India Solar Inverter market is projected to grow at a CAGR of over 25% during 2018-24. Among different types of solar inverters, central solar inverter bagged maximum revenue share in 2017 owing to its significant deployment across large scale utility solar projects in the country. However, during the forecast period, string solar inverters are anticipated to exhibit highest growth rate attributed to rising demand among residential and commercial solar installations for its smaller size and high power density.

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Video Surveillance Segment Captured Major Share in Saudi Arabia Physical Security Systems Market Revenues- 6Wresearch
03 May 2018

According to 6Wresearch, Saudi Arabia Physical Security Systems market is projected to reach $312 million by 2024. Although, during 2014-17, the physical security system market recorded negative growth; however, post 2017 the market is expected to bounce back due to recovery of oil prices. Also, increasing security concerns as well as surge in terrorist threats enforced government to pass a law for compulsory installation of security systems in the residential and commercial sectors, which would propel the demand for physical security systems in the country.

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