Increasing Purchasing Power of Consumers Coupled with Growing Construction Market in Tier II and Tier III Cities Would Spur the Demand for Air Conditioners in India – 6Wresearch
Growing number of middle-class households and rising buying power would continue to accelerate the demand for room split air conditioners (ACs) in India. Increasing office and retail spaces in the country along with booming tourism and hospitality sectors are also contributing in the healthy growth of the Indian air conditioner market.

According to 6Wresearch, India Air Conditioner market revenues are forecast to grow at a CAGR of 12.2% during 2018-24. Under the new government tax regime, the Goods and Service Tax (GST), air conditioners were put in highest tax bracket, which resulted in a sudden increase in the prices, thereby affecting sales in 2017. However, Indian air conditioner market is expected to...

Rapid Industrialization as well as Increasing Emphasis on Development of Downstream Petroleum Sector would Spur the Growth of Saudi Arabia Industrial Boilers Market - 6Wresearch

Government initiatives such as Saudi Vision 2030 and National Transformation Plan 2020 have been put in place to develop the country’s non-oil sectors including manufacturing, chemical and hospitality. Further, the government of Saudi Arabia is focused on changing the current industrial landscape of the country by taking steps such as expansion of several chemical & petrochemical complexes and setting up of new industrial cities; for instance, recent plans to develop $4.4 billion worth Saudi Aramco’s Industrial Energy City. With an anticipated increase of around 150% in foreign direct investment by 2020 and rise in investors’ confidence, the country’s industrial boilers market would register substantial growth...

Market Forecast By Types (Window AC, Split AC, Floor Standing, Cassette AC, Packaged, Ducted / Ceiling Concealed, Centralized (Chiller, VRF/VRV and AHU/FCU)), By Applications (Residential, Commercial Buildings & Retail, Government & Transportation, Hospitality and Others including Educational Building, Healthcare, Telecom and Manufacturing units), By Regions (Northern, Eastern, Western and Southern) and Competitive Landscape

Growing retail and hospitality sectors, rising construction activities across airports, metros and new housing societies along with increasing establishment of SMEs and commercial hubs have fueled the market for air conditioners in India. Additionally, growth in construction market and increasing government spending towards public infrastructure have further spurred the air conditioner market in the country. Though the prices of air conditioners are increasing in...

Expansion of Industrial Sector Along with Rise in Foreign Investment in the Commercial Sector Would Boost the Demand for South-East Asia Diesel Genset Market - 6Wresearch

Expansion of infrastructure, establishment of new industries, strong economic growth as well as changing business environment in the South-East Asian countries such as Indonesia, Philippines, Vietnam, etc. would foster the demand for diesel gensets over the next six years. In addition, increasing foreign investment for the development of commercial and public infrastructures in South-East Asia region would also contribute to the rise in sales of diesel gensets during 2018-24.

According to 6Wresearch, the South-East Asia Diesel Genset market revenues are projected to grow with a CAGR of 3.1% during 2018-24. The demand for power has increased tremendously in the South-East Asian countries in the past few years...

Burgeoning Power Sector and Rising Investment in Transportation Infrastructure would be the Key Drivers for the Growth of Vietnam Switchgear Market - 6Wresearch

Government efforts to develop power related infrastructure to ensure 100% electrification rate in rural region of Vietnam under the National Power Development Plan VII (2011-2020) along with the strengthening of urban infrastructure including housing and transportation would increase the demand for the switchgears in the country.

According to 6Wresearch, Vietnam Switchgear market revenues are projected to grow at a CAGR of 7.1% during 2018-24. According to the Department for Economic Zones Management (DEZM), industrial parks and special economic zones in Vietnam attracted more than 850 domestic and foreign investment projects worth $12.4 billion in 2017. Stable economic growth and rising inflow of foreign direct investment in...

Saudi Arabia Pillow Market to Recover with the Significant Rise in Consumer Spending - 6Wresearch

Pillow market in Saudi Arabia declined during 2014-17 due to falling consumer spending. However, the market is expected to bounce back post 2018 with rising consumer confidence. Though, the market declined during this time period but pillow manufacturers registered growth in demand at the time of festive season as compared to the non-festive season. In last two years, Saudi Arabia witnessed rise in cost of living and decline in consumer spending attributed to government reforms, changes in indirect tax policies and wage cuts. This factor has further shifted the consumer preference from high end premium quality pillow brands to lower priced pillows. Supply of new residential and hotels declined across the Kingdom owing to delay and cancellation of several projects. Furniture sales in Saudi...

Government & Transportation Application to Drive the Growth of Video Surveillance Market in India - 6Wresearch
Video surveillance market in India has increased tremendously in recent years owing to rising security concerns primarily arising from theft, domestic crime and threats from terrorism. Growing consumer awareness towards video surveillance for security and monitoring coupled with declining installation cost have resulted in higher demand for video surveillance systems in India.

According to 6Wresearch, Video Surveillance Market Revenues are projected to grow at a CAGR of 16.4% during 2018-24. Growth would be aided during the forecast period primarily due to increasing government initiatives towards city surveillance and smart city projects would result in surge in deployment of high-resolution IP cameras across the country.

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Strengthening of the Manufacturing Industry Along with Growing Commercial Sector Would Boost the Demand for Diesel Gensets in Cambodia - 6Wresearch

Increasing number of manufacturing units, setting up of new special economic zones along with development of small and medium enterprises in the country would spur the demand for diesel gensets in Cambodia over the coming years. Additionally, the government is focusing on using diesel genset as an auxiliary source of power at times of power cuts, especially in the manufacturing and the residential sectors, which would help to sustain the demand for diesel gensets in Cambodia during the forecast period.

According to 6Wresearch, Cambodia Diesel Genset market revenues are projected to grow at a CAGR of 3.2% during 2018-24. An erratic power supply along with the high prices of electricity in Cambodia are keeping the demand afloat for diesel...

Saudi Arabia Construction Equipment Market is Projected to Grow at a CAGR of 3.1% During 2017-22.-6Wresearch 

Saudi Government initiatives for economic diversification, proposed residential and commercial projects and expansion of public infrastructure including metro and airports are expected to drive the construction equipment market in Saudi Arabia in the coming years. Tourism, healthcare, residential and transport sectors would be the key focus areas for the development in the Kingdom.

According to 6Wresearch, Saudi Arabia Construction Equipment market is projected to grow at a CAGR of 3.1% during 2017-22. Saudi Arabia construction equipment market declined considerably in 2015 owing to slump in construction industry as a result of fall in government revenues due to low crude oil prices. However, the market is anticipated to recover post 2018 with increasing government spending on...

Growth of Health Clubs and Gyms are Majorly Driving the Market for Equipment in UAE– 6Wresearch

UAE fitness equipment market is one of the potential markets in the GCC region. Growing health-conscious population particularly between the age group of 20-35 years, increasing disposable income, growing awareness regarding obesity, diabetes, hypertension as well as cardiovascular diseases are encouraging individuals to join health clubs and gyms. Over the years, number of health clubs and gyms in UAE have increased, which has led to the demand for various type of fitness equipment. In addition, increasing number of expats in cosmopolitan cities like Dubai has played a crucial role in shaping fitness equipment market of UAE.

According to 6Wresearch, UAE fitness equipment market is projected to grow at a CAGR of 4.4% during 2017-23. Over the next six years, UAE fitness equipment market is...