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

Rapid Infrastructural Development Activities Coupled With Expansion of Transmission and Distribution Network Would Drive UAE Power Cables Market Over the Next Six Years - 6Wresearch
11 May 2018

According to 6Wresearch, UAE power cables market revenues are projected to reach $2.5 billion by 2024. Upcoming projects such as Mohammed bin Rashid City, MBR City-District One, Barakah Nuclear Power Plant and Aljada megaproject would increase the demand for power cables in the country. Further, government initiatives such as UAE Vision 2021, Dubai Plan 2021, the Abu Dhabi Economic Vision 2030

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Increasing Digital Payment Solutions in India Would Drive the Growth of Blockchain Technology Across Several Applications by 2024 - 6Wresearch
07 May 2018

According to 6Wresearch, India blockchain technology market is projected to grow at a CAGR of 58% during 2018-24. The market would be highly dependent on increasing growth of digital payment solution through several intermediaries including digital wallets and Unified Payment Interface (UPI); digital payment solution market is projected to grow around 10 times and cross $500 billion by 2020 as compared to around $50 billion in 2017.

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Maintenance Service Segment to Contribute Major Share in Romania Elevator and Escalator Market - 6Wresearch
24 May 2018

According to 6Wresearch, Romania Elevator and Escalator Market is expected to grow at a CAGR of 6.3% during 2018-24. Expansion is anticipated during the forecast period on the back of growing construction and infrastructure development projects in the country. The European Commission adopted Large Infrastructure Operational Program (LIOP) 2014-2020 for Romania in July 2015 which provides an investment package of $11.7 billion in transportation sector (such as airports, railway station, and metros).

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India Garment Steamer Market to Witness Nearly Two Fold Revenues by 2024 - 6Wresearch
30 April 2018

According to 6Wresearch, India Garment Steamer market is projected to grow at a CAGR of 10% during 2018-24. Although, India brown goods market recorded nearly $1.5 billion revenues in 2017, wherein dry and steam irons contributed around 7% market revenue share and garment steamer segment recorded low share. However, the segment is likely to gain acceleration over the coming years with increasing purchasing power of consumers in the country.

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Dubai and Abu Dhabi are the Key Contributing Regions in the Growth of UAE Power Tools Market - 6Wresearch
27 April 2018

According to 6Wresearch, UAE Power Tools Market is expected to grow at a CAGR of 7.2% during 2018-24. A healthy growth is anticipated during the forecast period on the back of increasing demand for power tools in the construction, manufacturing, aerospace and automotive industries. Within power tool types, the metal power tool segment accounts for the highest market share due to increased utilization in industrial and residential sectors.

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