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

Construction and infrastructure development activities would drive the demand for diesel genset market in UAE during the forecast period - 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 the Forecast Period - 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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Metro railway application to drive the growth of AFC systems market in India - 6Wresearch
09 April, 2019

According to 6Wresearch, India Automated Fare Collection (AFC) systems market size is projected to grow at a CAGR of 33.1% during 2019-25. With the growing installation of AFC systems in metros, railways, buses, and parking spaces in Tier-I and II cities due to increasing commuter's footfall in these public transportation facilities, the market is anticipated to generate considerable growth prospects over the coming years as well.

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Power utilities sector is the major contributor in the growth of Indonesia power and distribution transformers market - 6Wresearch
05 April, 2019

According to 6Wresearch, Indonesia power and distribution transformers market is projected to reach $1.2 billion by 2025. The revenues from the power and distribution transformers market in Indonesia are showing an upward trend till 2019 and beyond that a sluggish trend is anticipated in the revenue stream owing to the success of government's initiatives to bring all the households under a stable electricity supply till 2019.

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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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