6wresearch- Market Intellig...

6wresearch- Market Intelligence Solutions

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UAE Intelligent Transportation System Market (2017-2023)

UAE intelligent transportation system market registered substantial growth on account of large scale Infrastructural projects as well as increasing number of vehicles in the country. Additionally, some other key factors such as a 27% surge in the infrastructural spending by UAE government would lead to an increase in number of projects in the transportation sector, resulting in surge in demand for intelligent transportation system. Further, growing traffic congestion level coupled with increasing mass transit security concerns have fueled the growth of intelligent transportation system market in UAE.

According to 6Wresearch, UAE Intelligent Transportation market is projected to grow at a CAGR of 9.2% during 2018-24. In 2016, the market registered slowdown in demand in terms of volume due to shrinking government spending owing to declining oil prices and halt in major government...

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UAE Intelligent Transportation System Market (2017-2023)

UAE intelligent transportation system market registered substantial growth on account of large scale Infrastructural projects as well as increasing number of vehicles in the country. Additionally, some other key factors such as a 27% surge in the infrastructural spending by UAE government would lead to an increase in number of projects in the transportation sector, resulting in surge in demand for intelligent transportation system. Further, growing traffic congestion level coupled with increasing mass transit security concerns have fueled the growth of intelligent transportation system market in UAE.

According to 6Wresearch, UAE Intelligent Transportation market is projected to grow at a CAGR of 9.2% during 2018-24. In 2016, the market registered slowdown in demand in terms of volume due to shrinking government spending owing to declining oil prices and halt in major government...

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Africa Solar Water Pump Market (2018-2024)

Africa Solar Water Pump market had registered substantial growth in terms of number of new installations, predominantly attributed to decreasing price of PV panels and government subsidy over the past few years. Easy finance by NGO’s and government banks boosted the small scale farmer confidence which have bolstered the Africa Solar Water Pump market. In Morocco, NAMA program supports new installation of solar water pump in agriculture fields. During the forecast period, lower capacity submersible pumps with DC motor would account for majority of the market share on the back of increasing diesel price and poor availability of grid electricity in the agriculture fields.

According to 6Wresearch, Africa Solar Water Pump Market volume is expected to grow at a CAGR of 24.2% during 2018-24. New installation of solar water pump is anticipated during the forecast period on the back of...

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Qatar Managed Security Services Market (2018-2024)

Growing incidents of cyber-attacks across several sectors such as energy and BFSI have resulted in increase in demand for more advanced cyber security systems in the country. Further, growing awareness regarding the need for cyber security along with the government efforts to strengthen the country’s digital infrastructure after the recent blockade in 2017 by Saudi Arabia, Bahrain, UAE, and Egypt would spur the growth of the Qatar managed security services market over the years to come.

According to 6Wresearch, Qatar Managed Security Services Market is forecast to grow at a CAGR of 47.8% during 2018-24. Rise in demand for managed security services would be majorly attributed to the increasing internet penetration in the country and due to implementation of government initiatives such as the e-government strategy. Several upcoming infrastructure projects in the country, such as Lusail...

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Qatar Air Conditioner (AC) Market | Forecast By Types (2018-2024)

Qatar government has implemented major infrastructure and construction projects in its financial budget in 2017, these initiatives had a positive impact on the economic growth of the country which has resulted in achieving an overall GDP growth rate of 2.1% in 2017, the highest in the GCC region.

Additionally, population in Qatar grew at a rapid pace over the past few years resulting in construction of several residential societies and expansion of public & private infrastructures in the retail, transportation, entertainment & leisure, and hospitality sectors.

According to 6Wresearch, Qatar air conditioner market is forecast to grow at a CAGR of 5.9% during the period 2018-24. Construction industry in Qatar is expected to boom with government planning to spend around 47% of the national budget on major infrastructure projects, thereby attracting foreign direct investment in the...

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Saudi Arabia Cold Storage Market (2018-2024)

Saudi Arabia cold storage market recorded decrease in demand owing to lower spending due to declining oil prices and deteriorating economic conditions during 2014-16. However, post 2017, the market is expected to regain growth, attributed to recovery of oil prices, expected increase in individual spending, expansion of retail and logistic sector and growing demand for packaged/imported food items.

According to 6Wresearch, Saudi Arabia cold storage market is projected to reach $2,572 million by 2024. Government initiatives along with rapid urbanization, and rising need for food security and preservation are likely to emerge as the key driving factors for the growth of Saudi Arabia cold storage market over the coming years. In Saudi Arabia cold storage market, international players acquired dominant market revenue share, primarily due to increasing competition in quality and price of cold...

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Global Fire Protection Valves & Fittings Market (2018-2024)

Burgeoning construction and power & energy sectors along with growing awareness among consumers regarding the advantages of fire protection systems would act as key factors to drive the fire protection valves and fittings market in many regions of the world. The demand for these fire protection equipment is projected to witness strong growth in the coming years as these equipment are installed in almost all the verticals due to due to strict monitoring by local and international authorities.

According to 6Wresearch, the Global Fire Protection Valves and Fittings market is projected to grow at a CAGR of 7.6% during 2018-24. Wet system fire protection valves including alarm valve, riser check valve and shutoff valve are the most widely used valves globally due to comparatively lower installation and maintenance cost of wet fire sprinkler systems. Rapid investment in transportation...

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Indonesia Solar Inverter Market revenues are projected to grow at a CAGR of 9.2%

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 present in the region. However, the solar energy industry in Indonesia is anticipated to witness growth over the coming years owing to government initiatives such as the signing of Paris Climate Agreement by the Indonesian government and launch of programs such as Indonesia Solar Rooftop PV Program (ISPRP). Moreover, upcoming solar projects such as Gorontalo PLTS (10 MW) and Melaya plant (50MW) would further surge the demand for solar inverters in the country during 2018-24.

According to 6Wresearch, Indonesia Solar Inverter Market revenues are projected to grow at a CAGR of 9.2% during 2018-24. Upcoming solar projects under the utility sector such as Citara Dam Floating Solar...

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Construction Equipment Rental Market in UAE

Growing construction industry on account of strengthening commercial, hospitality and residential sectors in recent years has fueled the demand for construction equipment rental market in UAE. Furthermore, growth in construction sector is expected to come from infrastructure spending for World Expo 2020, which would ultimately boost the construction equipment rental market. Additionally, cranes and earthmoving equipment are likely to dominate the market as these equipment are majorly used at construction sites for excavation and lifting heavy weights.

According to 6Wresearch, UAE construction equipment rental market is projected to grow at a CAGR of 3.3% during 2018-24. Purchasing a construction equipment often requires a significant initial investment which could divert a large portion of the capital from the operating costs. In order to avoid buying new equipment and evade...

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India Diesel Generator Rental Market (2017-2023)

Increasing demand for prime and standby source of power across industrial and commercial applications in India buoyed the integration of diesel generator on rental basis across the country. On account of off-shore areas and unreliable power supply, diesel generator rental solutions have become major source of power for various applications across India. In addition to the residential and commercial applications, high KVA rating diesel generator rental solutions are also used across power utilities, either as a prime or stand by source to power industrial sector especially in the manufacturing sector.

According to 6Wresearch, India Diesel Generator Rental market is projected to grow at a CAGR of over 18% during 2017-23. In terms of market segments, below 100 KVA rating gensets registered majority of the market revenues in 2016. Low ownership cost, ease of availability, and higher usage...

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