Metro Railways along with Parking and Bus Transport Applications to Drive India Automated Fare Collection Systems Market - 6Wresearch

Increasing number of daily commuters especially in Tier-I and II cities have raised the demand for rapid transport systems across the country. In India’s Automated Fare Collection Systems (AFCS) market, Tier-I cities including New Delhi, Bangalore, Kolkata, Hyderabad, Mumbai, and Chennai posted higher growth of rapid transport systems including metro rail, mono rail, and Bus Rapid Transit System (BRTS). Additionally, AFCS demand is forecast to emerge from Tier-II cities primarily from Lucknow, Indore, Bhopal, Guwahati, Varanasi, Pune, and Jaipur due to upcoming/ongoing metro railway projects.

According to 6Wresearch, India Automated Fare Collection Systems market is projected to grow at a CAGR of over 18% during 2018-24. In terms of applications market...

Recovery of Construction Sector and Rising Power demand coupled with Economic Diversification would fuel the Growth of Diesel Genset in Middle East - 6Wresearch

Continuous development of mega projects such as Dahiyat Al Fursan New City (Saudi Arabia), Al Maktoum International Airport expansion (UAE) and Lusail City (Qatar) are driving the demand for diesel genset in the construction industry in Middle East region. Low crude oil prices have affected the growth of Middle East countries, which has led to initiatives taken by the governments to diversify their economies towards non-oil sectors.

According to 6Wresearch, Middle East Diesel Genset market is anticipated to grow at a CAGR of 4.3% during 2017-23. 5-75 KVA rating diesel gensets acquired majority share in Middle East diesel genset market due to high demand in construction, retail and telecom sectors followed by medium rating...

Growth in Retail Sector, Increasing Young Age Population and Changing Lifestyle of Consumers are Surging the Demand for Biscuits in the Middle East Region- 6Wresearch

Middle East Biscuit Market is expected to witness stable growth during 2017-2023. Mega Events such as UAE World Expo, 2020 and Qatar FIFA World Cup, 2022 would surge the growth of biscuit market during the forecast period with arrival of large number of tourists in the region.

According to 6Wresearch, Middle East Biscuit Market is projected to grow at a CAGR of 3.0% during 2017-23. Saudi Arabia, UAE, Jordan and Qatar are the key countries witnessing major growth during the forecast period. Growth in organized retail in the region with increasing young age population have further enhanced the development of biscuit market.

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Government Initiatives along with Increasing Investment in Automotive and Industrial Sectors to Surge the Demand for Lithium Ion Batteries in Europe – 6Wresearch
Government support for renewable energy and electric vehicle infrastructural projects as well as increased usage of electric vehicles, smart portable electronics, and rising grid storage market are some of the key applications which have driven lithium ion battery market in Europe and are expected to play a significant role during the forecast period. Additionally, the market is further expected to nurture on account of heavy investments on manufacturing plants of lithium ion batteries, especially focusing on electric vehicles and energy storage systems.

According to 6Wresearch, Europe Lithium Ion Battery Market is projected to grow at a CAGR of 15.9% during 2018-24. Growing adoption of eco-friendly electric vehicles, rising...

Market Forecast By Components & Services (Hardware, Software and Services), By Hardware Components (Sensors, Controllers, Actuators and Others including Smart Meters and Gateways), By End Users (Residential, Commercial and Industrial), By Applications (Space Heating, Computers & office equipment, Lighting, Air Conditioning and Others including Refrigeration, Water Heating, and Ventilation) and Competitive Landscape

Rising electricity prices, government incentives for promoting building energy efficiency as well as growing awareness amongst end users regarding sustainable development and environment related issues are the key drivers which would fuel the market for building energy management systems in the United States.

According to 6Wresearch, the United States Building Energy Management Systems Market is expected to grow at a CAGR of 12.2% during 2018-24. Several advantages of...

Growing Energy Demand and Rising Concern for Sustainable Development would be the Key Drivers for the Growth of Building Energy Management Systems in the United States - 6Wresearch
Building Energy Management Systems helps in tracking and monitoring the energy usage across several verticals such as commercial, upstream production and residential. The electricity tariffs in the United States for residential, commercial and industrial segments are expected to rise by 8%, 6% and 7%, respectively during 2016-19. Rising electricity bills is expected to drive the demand for building energy management systems in the United States over the coming years.

According to 6Wresearch, United States Building Energy Management Systems market revenues are projected to grow at a CAGR of 12.2% during 2018-24. The government of United States is supporting deployment of energy efficient devices and equipment...

Market Forecast By Technology Types (Public Blockchain, Private and Permissioned Blockchain and Hybrid Blockchain), By Applications (Financial and Non-Financial), By End- Users (BFSI, Government and Public Sector, Transportation and Logistics, Healthcare and Pharmaceuticals, Real Estate and Others), By Countries (United Kingdom, Germany, Netherland, Malta, Switzerland, Nordic Countries and Rest of Europe), and Competitive Landscape
Blockchain technology is getting widely accepted among European countries owing to increasing government initiatives planned to improve the technology coupled with surging demand for secured database. These factors have buoyed the overall growth in blockchain technology market of Europe. Blockchain technology is further anticipated to register high growth on account of potential benefits including transparency, immutability, and security from cyber-attacks...

Switzerland and Malta are the Key Contributors in Europe Blockchain Technology Market- 6Wresearch
Europe blockchain market registered a healthy growth during 2016-17 as a result of increased government and private companies spending on developing blockchain technology infrastructure. For instance, the European government has invested more than $93.6 million in projects supporting the use of blockchain technology. Moreover, blockchain eliminates the need for middlemen, which acts as an additional factor to surge the market for blockchain technology in Europe.

According to 6Wresearch, Europe Blockchain Technology Market is expected to grow at a CAGR of 52.4% during 2018-24. Growth would be aided during the forecast period due to increasing awareness regarding utilizing blockchain solutions in various cases and need to reduce duplicity and protection from cyber-attack and malicious...

Expansion of Industrial and Manufacturing Sectors Along With Growing Mining Sector Would Drive the Growth of India 15HP & Above Coupled Self Priming Pumps Market Over the Next Six Years - 6Wresearch

India 15HP & Above Coupled Self Priming Pumps market witnessed a steady growth during 2014-17 owing to rising infrastructure development and growth in the mining sector. Further, government initiatives such as allocation of 200 mines in next two years in states such as Goa and Maharashtra as well as increasing electrification of rural areas and rise in the number of industrial units would further drive the growth of India 15HP & Above Coupled Self Priming Pumps market during the forecast period.

According to 6Wresearch, India 15HP & Above Coupled Self Priming Pumps market is projected to grow at a CAGR of 4.5% during 2018-24. Industries such as textiles, pulp & paper mining, sugarcane and...

Market Forecast By Voltage (Low Voltage (< 1.1 kV), Medium Voltage (1.1 kV - 36 kV) and High Voltage (> 36 kV)), By Insulation (Medium Voltage (Air, Gas and Others) and High Voltage (Air, Gas and Others)), By Types (Low Voltage (MCB, MCCB, ACB and Others) and Medium Voltage (Indoor (ISG) and Others including OSG, RMU and CSS )), By Verticals (Residential, Commercial, Industrial, Power Utilities and Others), By Regions (Northern, Central and Southern ) and Competitive Landscape
Development of the country’s hydropower potential, electrification of rural areas and strengthening of the transportation infrastructure are expected to be the main driving forces behind the growth of the Laos switchgear market during 2018-24. Plans such as the 8th Five-Year National Socio-Economic Development Plan (2016-2020) and the Ten-year Socio-Economic Development Strategy (2016-2025) are expected to spur the...