Increasing Power Demand and Rising Renewable Energy Share Would Create New Power Generation and Distribution Projects Which Would Surge the Demand for Load Break Switch & Recloser Market in Europe During the Forecast Period - 6Wresearch
Load Break Switch & Recloser market in Europe would register substantial growth over the next six years with huge investment in power generation and distribution sector to cater the increasing power demand in the region. Furthermore, to achieve aggressive emission reduction targets, the European Union countries are making significant improvement in renewable energy infrastructure to increase the proportion of renewable energy in overall energy mix to at least 27% by 2030. To achieve this target there would be huge inflow of capital in power generation and transmission infrastructure which in turn would also drive the demand for Load Break Switch and...

Growing Construction Sector and Increasing Emphasis on Power Sector would be the Key Drivers for the Growth of Africa Recloser and Load Break Switch Market - 6Wresearch
Several African countries such as Nigeria, Kenya and South Africa are keen in improving the share of clean energy in power generation mix and to improve electrification rate. Huge investments made under these initiatives would increase the demand for recloser and load break Switch in Africa in the coming years.

According to 6Wresearch, Africa Load Break Switch and Recloser market revenues are projected to grow at a CAGR of 5.7% and 7.2%, respectively during 2018-24. According to Asian Development Bank, power consumption in Africa is expected to grow at a rate of 3.9% every year till 2040 due to growing industrialization and urbanization in the region. More than 50% population of Africa would be living in urban areas by...

Cordless Power Tools to Exhibit Nearly Twofold Growth as Compared to the Corded Ones in India Power Tools Market During 2018-24 - 6Wresearch
With growing automation & time-efficiency requirements, there is a radical shift from hand tools towards power tools in India. Over the past few years, power tools have gained acceptance across all major verticals including construction, industrial, and automotive. Further, to fulfill the continuously growing demand for power tools in the country, manufacturers are coming up with innovative products which offer application-specific power tools as per end user requirements.

According to 6Wresearch, India Power Tools market is projected to grow at a CAGR of 8.4% during 2018-24. Among different types of power tools, electric power tools bagged the maximum revenue share in 2017. Although, corded electric power tools contributed majority of the revenue...

Strengthening Education Sector and Growing Domestic Paper Production Industry to Drive the Growth of Bangladesh Stationery Market - 6Wresearch
The government of Bangladesh is aiming to strengthen the education sector of the country over the coming years. The primary and secondary education enrolment rate along with adult literacy rate in Bangladesh has increased over the years and this trend is expected to continue in future as well. Under the Education Goal 2030, the government of Bangladesh aims to achieve 100% literacy rate by 2020. This is expected to bode well for the growth of paper and non-paper stationery market in Bangladesh over the coming years.

According to 6Wresearch, Bangladesh Stationery Market revenues are projected to grow at a CAGR of 10.3% during 2018-24. One of the main aims of the Bangladesh government over the past few years was to achieve the education Millennium...

Rapid Internet Penetration coupled with Digitization and New Technological Innovations in Electronics Sector would Drive India Smart TV Market over the Next Six Years - 6Wresearch
India smart TV market registered robust growth in 2017 attributed to a sharp drop in the prices of smart TVs as well as rising penetration of smart TV vendors. Substantial investment flows by video streaming media companies like Netflix, Amazon Prime and Hotstar led to an increase in the number of Pay-TV subscribers. Furthermore, rise in disposable income levels and growing internet penetration in the country also contributed to an increase in sales of smart TVs.

According to 6Wresearch, India Smart TV market is projected to grow at a CAGR of 9.4% by 2024. Surge in number of households with easy accessibility to internet and rise in purchasing power of people would drive the adoption of smart TVs in the...

Strengthening of Primary Education Sector and Growing Visual Arts Industry would be the Key Drivers for the Growth of India Art Stationery Market - 6Wresearch
Government efforts to improve gross enrollment rate along with strengthening of pre-primary and primary education infrastructure in the country would increase the demand for art stationery products in India over the next six years.

According to 6Wresearch, India Art Stationery market revenues are projected to grow at a CAGR of 13.8% during 2018-24. Government emphasis on increasing the standard of education in India would drive opening of new schools across the nation. More than 100 million children in the age group of 2-5 years are enrolled in pre-school or early childhood education center at present. Growing popularity of cultural events such as art festivals and exhibitions are also supporting the development of the art...

Rapid Infrastructural Development Activities Coupled with Expanding Consumer Base Will Drive the Growth of Air Conditioner Market in Qatar - 6Wresearch
Despite slump in oil prices in 2016, Qatar economy has witnessed growth in recent years primarily attributed to development of non-oil sectors such as construction, manufacturing and financial services. Qatar’s transportation and infrastructure sector registered healthy investment of around $11.54 billion in 2018 financial budget. Additionally, investment in several other projects such as development of economic zones, stadiums, hotels and other public and private infrastructures to host the FIFA World Cup in 2022 has led to the growth of air conditioner market in the country.

According to 6Wresearch, Qatar Air Conditioner Market is projected to grow at a CAGR of 7.7% during 2018-24. Demand for air conditioners in near-future is...

Rising Population, Expanding Industrial Sector Along with Growing Government Focus on Development of Water Resources Would Surge the Demand for South Africa Waste Water Treatment Chemicals Market During the Forecast Period - 6Wresearch
The waste water treatment chemicals market is at a growing stage in South Africa. Several upcoming residential and commercial sector projects in the country along with increasing water scarcity and growing population are expected to drive the demand for waste water treatment chemicals in South Africa over the coming years. As the number of public utilities and other social infrastructure establishments are expected to increase, the requirement for a clean water supply would also surge correspondingly in future. Additionally, to support the mounting mining and power generation activities of the country, the government is planning to invest heavily in the...

Infrastructure Development on Account of Upcoming Events such as Dubai World Expo 2020, Qatar FIFA World Cup 2022 as well as National Development Plans Would be the Key Drivers for the Growth of Transfer Switch Market in the Middle East Region - 6Wresearch
The market for transfer switch has registered substantial growth in Middle East region as a result of growing technological precision favored by rapid commercialization as well as escalating industrial expenditure. These factors have increased the demand for a reliable and safe operating environment. Further, economic diversification plans and expansion of power infrastructure across the region would also surge the transfer switch market over the next six years.

According to 6Wresearch, Middle East Transfer Switch Market is projected to grow at a CAGR of 4.8% during 2018-24. The growth would be aided by the government efforts to...

Rapid Infrastructural Development Activities Coupled with Expansion of Retail & Logistics Sector Would Drive Saudi Arabia’s Cold Storage Market in the Next Six Years - 6Wresearch
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...