Investment in gas exploration and production activities in South America are anticipated to positively impact the growth of gas genset market as the region holds abundant natural gas reserves. The governments in South American countries...
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Expansion of the manufacturing sector, growing electricity demand from industrial sector along with developing gas related infrastructure in the region were the key drivers for the growth of North...
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Prime agenda of the government of Saudi Arabia is to diversify the oil-dependent economy of the country. As a result, significance is being laid on improving the country's healthcare, office, retail and education sectors along...
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Expansion of non-oil sector by boosting investments in private sector is one of the main objectives of the current Saudi Arabian government. Development of public infrastructure as well as government policies to support establishment of...
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The solar inverter market in Indonesia remains highly untapped and is still under the initial growth phase. This is attributed to the fact that the country's energy mix is heavily influenced by the coal industry...
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Significant government investment for infrastructure development activities such as road, rail, water, ports, and airports as well as rising capital inflow in the commercial offices and hospitality sector have spurred the demand for UPS systems...
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Growing industrial segment coupled with surging hospitality sector are expected to boost the growth of fire safety systems and equipment market in Africa. According to the United Nations World Tourism Organization (UNWTO) in 2017, tourism...
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Increasing building construction activities along with strict implementation of fire safety regulations in countries including China, Korea, and India are resulting in growing demand for fire safety equipment in the region. In addition, rapid urbanization...
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Stringent government mandates for installation of fire safety systems in both residential and non-residential buildings are catalyzing the growth of Europe fire safety systems and equipment market. Further, construction of new buildings and renovation of...
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Rising number of high rise buildings coupled with increasing fire incidents are driving the growth of North America fire safety systems and equipment market. Moreover, stringent government norms regarding installation of fire safety equipment in...
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Air compressors are prominently used in the oil & gas industry in Saudi Arabia; however, with the government taking initiatives to expand other industrial segments, the market for air compressor in Saudi Arabia is expected...
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The government of Indonesia is taking initiatives for the digital transformation of several major economic sectors and for the development Indonesia's ICT sector. These initiatives would increase the demand for UPS systems over the coming...
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Growing commercial sector, along with establishment of regional head offices and data centers in Singapore due to the strategic advantage of its geographical location has led to significant increase in demand for UPS systems in...
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Thailand is currently the largest solar energy producing country in the South East Asian region. The country, however, has experienced high volatility in terms of net additions in solar installed capacity over the previous years....
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Emerging infrastructure sector due to growing population of the country along with rise in industrial and agricultural activities are driving the growth of diesel genset market in Indonesia. Recovering industrial sector along with growing commercial...
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UPS systems are witnessing mounting adoption by different end-user applications ranging from residential households, small commercial offices to large industrial enterprises. Moreover, factors such as inflow of FDI in industrial and manufacturing segments, growing power...
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Oil revenues accounts for almost the entirety of Kuwait's export earnings and contributes more than 50% towards the country's nominal GDP.In light of the slump in oil prices during 2014-17, the government spending was severely...
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The demand for UPS systems in Malaysia has witnessed substantial growth in the past few years on the back of growing need to control power fluctuations and provide back-up in case of power cut offs...
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Several countries in the Middle East have adopted national plans such as Saudi Arabia's Vision 2030, Qatar's National Vision 2030, UAE Vision 2021, New Kuwait 2035, Oman Vision 2020 and Bahrain Master Plan 2030 to...
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Growing demand for gensets in power plants, oil & gas fields, rapid growth of industrial sector across various countries as well as low operational cost are the key factors which are driving the growth Gas...
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