Increasing number of automobiles along with rise in motor-vehicle manufacturing and assembly units in the country would drive the demand for tires in Nigeria – 6wresearch

Increasing sales of motor vehicles in the country along with implementation of the National Automotive Industry Development Plan (NAIDP) are expected to be the key drivers for the growth of Nigeria tire market over the coming years. However, due to poor economic growth in the country Nigeria tire market is expected to register subdued growth over the next three years.

According to 6Wresearch, Nigeria Tire Market size is projected to grow at a CAGR of 2.4% during 2019-2025. Increasing investment in the development of the automotive sector in the country would lead to growth of the tire market in Nigeria. Further, rising awareness among the people regarding safety and life duration of tires is also expected to benefit...

Market Forecast By Voltage (Low Voltage Switchgear, Medium Voltage Switchgear And High Voltage Switchgear), By Insulation (Medium Voltage Switchgear (Air Insulated, Gas Insulated And Others), By Types (Low Voltage Switchgear (MCB, MCCB, C&R, ACB, COS And Others), (Medium Voltage Switchgear (Indoor Switchgear (ISG), Outdoor Switchgear (OSG) And Others), By Applications (Residential, Commercial, Industrial, Power Utilities And Others), By Regions (North America, Europe, Asia Pacific, Latin America, MEA), By Key Countries And Competitive Landscape.

According to 6Wresearch, Global Switchgear Market is anticipated to register growth during 2019-25. In the overall global Switchgear market share, Asia Pacific has captured major revenue pie in 2018 and is expected to lead during the forecast period. China and India are the leading revenue generating countries in Asia Pacific Switchgear market.

Market Forecast By Payload (<20Kg, 21Kg-150Kg, 151Kg-500Kg, 501Kg-1200Kg And 1201Kg-2200Kg), By End Users (Academic, Commercial, Government, Defense And Non-Profit Organization), By Regions (North America, Europe, Asia-Pacific, Middle East & Africa And Rest Of World), By Key Countries And Competitive Landscape.

According to 6Wresearch, Global Small Vehicle Launch Market size is anticipated to register growth during 2019-25. In the overall global Small Vehicle Launch market share, Asia Pacific has captured major share of market revenue pie in 2018 and is expected to lead over the coming years. However, North America is anticipated to experience highest market growth owing to rising investments and developments by private players in the region.

The Global Small Vehicle Launch Market report thoroughly covers the market by payload, end user, regions and key countries. The global Small...

Market Forecast By Types (Conventional Phototherapy Device (Fluorescent Lamps & Compact Fluorescent Lamps), Fiber Optic Phototherapy Device And LED Phototherapy Device), By Applications (Skin Disease Treatment (Psoriasis, Eczema, Vitiligo & Others), Neonatal Jaundice Management, Cancers & Pre-Cancers And Other Diseases), By End Users (Hospitals, Clinics And Homecare), By Regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa), By Key Countries And Competitive Landscape.

According to 6Wresearch, Global Phototherapy Device Market is anticipated to witness sound growth during 2019-2025. The device is gaining a major market share across the globe and has been put to high use in the neonatal jaundice management application as it provides technological advancements for the treatment. Moreover, the use of compact fluorescent bulbs is supporting the product to acquire...

Market Forecast By Capacity (Up To 30MW, 31-60MW And Above 60MW), By Fuel (Coal, Natural Gas, Biogas And Others (Nuclear, Diesel, Geothermal)), By Prime Mover (Steam Turbine, Gas Turbine, Reciprocating Engine And Others (Fuel Cell, Microturbine)), By Applications (Commercial, Residential, Industrial), By Regions (Americas, Europe, Middle East & Africa, Asia Pacific) By Key Countries And Competitive Landscape.

According to 6Wresearch, Global Cogeneration Equipment Market size is projected to grow at a CAGR of 3.8% during 2019–25. Majority of the combined heat and power systems use natural gas as the prominent fuel type, which is clean source of energy causing very low emission. However, with growing concern towards reduction of greenhouse gas emission, demand for other renewable fuels such as biogas, process waste and waste wood are anticipated to rise in the coming years.

The global...

Market Forecast By Types (Combat Systems, Communication Systems, Airborne Detection Systems, Weapons & Countermeasures, Sensors & Sonars And Unmanned Underwater Systems), By Regions (North America, Latin America, Europe, Asia Pacific And Middle East & Africa), By Key Countries And Competitive Landscape.

According to 6Wresearch, Global Undersea Warfare Market size has tremendous growth prospects during 2019-2025. Rising defense expenditure across various countries, increasing number of undersea threats coupled with introduction of innovative advanced technologies are some of the major factors which are which are driving the demand for undersea warfare.In terms of category, the global undersea warfare market is segmented based on combat systems, communication systems, airborne detection systems, weapons and countermeasures, sensors and sonars and unmanned underwater systems. In terms of...

After the 2015 oil crash, many countries in the Middle East region have started focusing on diversifying the economy towards non-oil sectors and have heavily invested in infrastructure, construction and manufacturing sectors. Such developments would surge the demand for diesel gensets and would thereby impact the growth of power rental market in the Middle East region positively.

According to 6Wresearch, Middle East Power Rental Market is projected to grow at a CAGR of 3.3% during 2019-25. Growth in construction industry, emerging manufacturing sector, rising electricity demand and need to provide power to off-grid areas are spurring the market for power rental market in the region. In Middle East region, generators are either used for prime or standby purposes, completely depending upon the grid connectivity.

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Government initiatives to reduce the dependency of many countries on the oil and gas sector and invest heavily in the domestic manufacturing sector including pharmaceutical, automobile and food processing industries would spur the demand for Middle East industrial automation market over the coming years. Further, growing need for automation for better production efficiency in the industrial sector would open up new avenues for the industrial automation solutions.

According to 6Wresearch, Middle East industrial automation market size is projected to grow at a CAGR of 5.2% during 2019-25. Though, the oil and gas sector would continue to play an important role in the overall growth of many Middle Eastern countries, efforts being made to diversify the economy by development of projects, particularly in the power utility and water treatment domains would bode well for the growth of...

Government subsidy, increasing livestock population and construction of several livestock farms are some of the factors boosting the feed additives market in the Middle East region. The market for feed additives in Middle East has illustrated brisk growth as a consequence of rising mycotoxins level in animals. Furthermore, extreme high levels of ZEN(905) and DON(97%) were also existent, thus have impacted the usage of feed additives.

According to 6Wresearch, the Middle East feed additives market size is projected to grow at a CAGR of 5.2% during 2019-25. The key factor driving the growth of the market is heat stress which mainly induces in animals based in tropical and hot climate regions such as Middle East. Due to such factor the quality of meat and egg has reduced significantly, which has created the demand for feed additives in the Middle East region.

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APAC agriculture equipment market is anticipated to witness a healthy growth as the region is going through a phase of transition from conventional methods of farming to mechanized farm practices. Declining number of workers involved in agricultural practices, rising labor cost, government subsidies on purchase of agriculture machines, need for operational efficiency and modernization of agriculture sector are the major reasons that are expected to drive the market of agriculture equipment in the Asia Pacific region.

According to 6Wresearch, Asia Pacific agriculture equipment market is expected to grow at a CAGR of 5.2% during 2019-25. Growth would be aided during the forecast period on account of government support to improve farmer’s purchasing power by increasing farm income and also subsidizing the purchase of farm machinery. The examples of such schemes include, ‘Sub-Mission on...