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

Rising Investment in Hospitality and Commercial Applications Supported by Government Urban Development Policy Would Drive the Demand for UPS in Myanmar during 2019-25 - 6Wresearch
24 April, 2019

According to 6Wresearch, Myanmar UPS Market is projected to grow at a CAGR of 7.3% during 2019-25. Upcoming initiatives such as Myanmar Tourism Master Plan (2013 -2020) and ASEAN Tourism Strategic Plan (2016-2025) is expected to fuel the development across the hospitality sector in the region and would pave way for the growth of UPS across the above-mentioned application over the coming years.

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Growing Non-Oil Sector and strengthening of construction industry would spur the demand for elevators and escalators in Kuwait during the forecast period - 6wresearch
24 April, 2019

According to 6Wresearch, Kuwait elevator and escalator market size is projected to grow at a CAGR of 5.5% during 2019-25. Increase in construction of high-rise buildings and skyscrapers would upsurge the installation of elevators and escalators in the country.

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Strengthening Residential Sector and Growing Construction Market in Tier II and Tier III Cities Would Propel the Growth of Room Air Conditioners Market in India - 6Wresearch
05 April, 2019

According to 6Wresearch, India room air conditioner market revenues are projected to grow at a CAGR of 13.7% during 2019-25. Under the new government tax regime, the Goods and Service Tax (GST) coupled with implementation of revised energy efficiency ratings by the Bureau of Energy Efficiency in India in 2018, the room air conditioners were placed in highest tax bracket, which resulted in an increase in the prices, thereby affecting sales in 2017-18.

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Construction and Infrastructure Development Activities Would Drive the Demand for Diesel Genset Market in UAE - 6Wresearch
18 April, 2019

According to 6Wresearch, UAE diesel genset market revenues are projected to grow at a CAGR of 3.4% during 2019-25. Increasing demand for continuous power supply in the country, specifically in the commercial and manufacturing sectors would drive the demand for diesel gensets in the country as standby and auxiliary power source systems.

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Burgeoning Transportation Infrastructure and Hospitality Sectors Would Drive the Growth of UAE Elevator & Escalator Market during 2019-25 - 6Wresearch
12 April, 2019

According to 6Wresearch, UAE elevator & escalator market size is projected to grow at a CAGR of 5.6% during 2019-25. UAE's hospitality sector is one of the fastest growing non-oil sectors. On account of the upcoming Dubai Expo, around 20 million international visitors are expected to arrive for the event, boosting the demand for hotels and other tourism infrastructure in the nation.

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