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

Government Initiatives along with Increasing Investment in Automotive and Industrial Sectors to Surge the Demand for Lithium Ion Batteries in Europe - 6Wresearch
25 January 2018

According to 6Wresearch, Europe Lithium Ion Battery Market is projected to grow at a CAGR of 15.9% during 2018-24. Growing adoption of eco-friendly electric vehicles, rising demand for smart wearable devices, increasing investments in infrastructure and industrial projects such as renewable energy storage projects for residential and automotive sectors are some of the key factors which would drive the Europe Lithium Ion Battery market over the next six years.

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Rising Air Pollution Coupled with Growing Consumer Awareness to Propel the Market of Air Purifiers in India - 6Wresearch
24 January 2018

According to 6Wresearch, India Air Purifier market is projected to grow at a CAGR of over 35% during 2018-24. In regard to applications, the residential segment held largest share of the market on account of surging consumer awareness towards air pollution, especially indoor impurities. In addition, aggressive marketing strategies by companies further propelled the customer adoption for air purifiers across the country, which is projected to post positive growth over the coming years.

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Towing Service Segment Captured Highest Share of the Saudi Arabia Road Assistance Service Market - 6Wresearch
22 January 2018

According to 6Wresearch, Saudi Arabia Road Assistance and Vehicle Service market is projected to reach $2.1 billion by 2024. Growing urban population, increasing disposable income coupled with increase in vehicle sales, predominantly passenger cars are likely to propel the demand for road assistance and vehicle service in the country.

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Industrial Growth and Increasing Acceptance of Electric Vehicles to Drive India Electric Motors Market over the Next Six Years- 6Wresearch
18 January 2018

According to 6Wresearch, India Electric Motors market is projected to grow at a CAGR of 6.1% during 2017-23. AC motors segment held major revenue share in 2016 and is expected to maintain its dominance during the forecast period as well. In terms of power capacity, fractional horsepower (FHP) motors captured majority revenue share in 2016

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Economic Diversification Along with Growing Focus on Expanding the Petrochemical Downstream Industries Would Surge Saudi Arabia 50 Hp and Above Electric Motor Market During 2018-24 - 6Wresearch
12 January 2018

According to 6Wresearch, Saudi Arabia 50 Hp and Above Electric Motor Market revenues are projected to grow at a CAGR of 5.8% during 2018-24. Growing petrochemical and chemical industry, increasing investment in infrastructure projects along with rising water & electricity consumption owing to growing population are some of the key factors which would drive the Saudi Arabia 50 Hp and above electric motor market during the forecast period.

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