Rapid Infrastructural Development Coupled with Expansion of Hospitality & Healthcare Sector Would Drive the Growth of Japan Fitness Equipment Market During the Forecast Period - 6Wresearch
Increasing penetration of fitness centers Japan as well as rising health concerns have propelled the demand for fitness equipment drastically over the past few years. Additionally, setting up of gym facilities in hotels and housing societies are some of the key factors that are resulting in the overall growth of fitness equipment market in Japan.

According to 6Wresearch, Japan fitness equipment market is projected to reach $333 million by 2024. Over the next six years, the growth of the market would be dependent primarily on growing inclination of the individuals towards healthy lifestyle, increasing individual spending on fitness centers, and expansion of these centers would drive the growth of...

Rapid Infrastructural Development Activities Coupled with the Expansion of Hospitality & Healthcare Sector Would Drive the Saudi Arabia Biometrics Market in the Next Six Years - 6Wresearch
During 2014-16, Saudi Arabia biometrics market witnessed steep drop in demand owing to declining oil prices and deteriorating economy. However, post 2017, the market witnessed growth attributed to reviving investments in various infrastructure projects, Saudi Vision 2030 along with recovery of the oil prices.

According to 6Wresearch, Saudi Arabia Biometrics market revenues are projected to cross $52.9 million by 2024. Government initiatives along with rapid urbanization, and rising need for advanced vigilance systems are likely to emerge as the key drivers for the growth of Saudi Arabia biometrics market over the coming years. In terms of domestic manufacturing, currently, the market is at a niche...

Growing Construction and Power Utilities Segments to Drive the Growth of India Cable Tray Market During 2018-24- 6Wresearch
Numerous ambitious initiatives have been put in effect by the Indian government to drive the development of several domestic sectors over the coming years. The Smart Cities Mission, Make in India Campaign, Saubhagya Scheme as well as the Housing for All 2022 are some of the plans in place that would help in the expansion of the power utilities, manufacturing and public infrastructure verticals in the country. The cable tray market, being an ancillary industry, would thus experience a healthy growth during the forecast period owing to strengthening of these auxiliary sectors. However, the demand for metal-based cable trays might be stunted by the ever-fluctuating prices of crude steel.

According to 6Wresearch, Indian Cable Tray Market revenues are projected to grow...

Rising Construction Activities Along with Spurring Demand for Energy Efficient Devices Would Help Thermostats, Valves & Actuators and Damper Actuators Market to Grow in Saudi Arabia - 6Wresearch
Saudi Arabia government is taking initiatives towards restructuring the country’s non-oil economy by investing in commercial and industrial sectors of the country. Moreover, the country’s development plan such as Saudi vision 2030 would be an add on for the commencement of new projects in health sector, education, public services, building infrastructure, tourism, etc. As a result, the commercial and industrial sectors of the country are expected to register healthy growth rates during the forecast period, thereby, creating the demand for products such as thermostats, valves & actuators and damper actuators.

According to 6Wresearch, Saudi Arabia Thermostats, Valves & Actuators and Damper...

Uplift of Decades Old Sanction on Sudan coupled with Rising Investment by the Government and International Organizations in Sudan & South Sudan Would Drive the Overall Air Conditioner Market over the Coming Years - 6Wresearch
Reduction in energy subsidies and imports due to depreciation of the exchange rate, low oil production, falling government revenues along with economic instability due to internal conflicts in several regions of Sudan and South Sudan have resulted in a decline in the demand of air conditioners in both the countries in 2017. However, during the forecast period, the market is projected to register sound growth due to rising demand across several sectors such as hospitality, commercial and retail, residential, and others.

Explore Press Release...

Infrastructure Rebuilding and Expanding Consumer Base to Propel the Growth of Air Conditioner Market in Iraq - 6Wresearch
Cycles of warfare and conflict followed by economic volatility in Iraq over the past decade has weakened the country’s governance. Security crisis in the country kept the investors at bay and damaged critical infrastructure in the country significantly impacted economic growth. Slump in oil prices led to budget cuts and deferment of projects in the country. Additionally, poor management of funds by local firms and lack of private sector participation further resulted in delayed projects, leading to decline in market revenues for various products and equipment including air conditioners.

According to 6Wresearch, Iraq air conditioner market is forecast to grow at a CAGR of 5.7% during 2018-24. With oil prices stabilizing gradually and conflict being even out...

In global biometrics market, Asia-Pacific is anticipated to overtake North America by 2015, owing to increasing government spending towards IT security, government biometric based projects such as, National ID Program, Biometric Driver’s license, Biometric Passports & Visas and others. Additionally, Asia-Pacific biometrics market is driven by increasing crime rate (crimes related to thefts and homicides), terrorist threats and shift from traditional smart card based systems towards biometric based systems across various countries in Asia-Pacific region.

According to 6Wresearch, global biometrics market is projected to touch $21.9 Billion by 2020. Increasing IT security spending, government biometric based projects, terrorist threats, and emerging cyber security market is boosting the demand for biometric systems. North America leads the overall biometrics market, where the U.S. is the...

High cost of equipment, growth in public & private infrastructures, demand in mining industry and ease of availability of equipment on rent have fueled Saudi Arabia’s earthmoving equipment rental market. The continuous growth in the construction industry coupled with surging government expenditure has further driven the growth of the market. In Saudi Arabia, excavator and construction tractors are the key revenue generating segments.

According to 6Wresearch, Saudi Arabia’s Earthmoving Equipment Rental market is projected to grow at a CAGR of 12.3% during 2015-21. Mounting construction industry in areas such as hospitality sector, IT/ITeS sector, public and infrastructures have spurred earthmoving equipment rental business in the country.

In Saudi Arabia’s earthmoving equipment rental market, construction application is the leading revenue generation application and is anticipated to...

Air Conditioner Market in Ethiopia to Shoot-up Amidst the Bullish Investor Sentiments and Assortment of Infrastructural Projects - 6Wresearch
Massive investment flow and incentivized support to local and foreign investors led to a massive growth in Ethiopian air conditioner market in 2016. Ethiopia attracted $3.8 billion in foreign direct investment in the Ethiopian Fiscal Year (EFY) 2016/17, registering a 20% increase from EFY 2015/16. In the 2016/17 fiscal year, 381 projects became operational. However, after a year of tremendous growth, Ethiopian air conditioner market contracted in 2017 amidst the devaluation of the country’s currency (Ethiopian Birr); the National Bank of Ethiopia (NBE) announced a devaluation of ‘birr’ by 15% resulting in payment delays.

Explore Press Release...

Rising Infrastructural Development Activities Coupled With Expansion of Manufacturing Sector Would Fuel the Growth of High Speed Diesel Genset Market in Indonesia - 6Wresearch
Indonesia high speed diesel genset market is projected to grow steadily during 2018-24 on account of expansion of industrial sector, rising number of small and medium-sized businesses as well as development of social infrastructure in various regions. Indonesia’s GDP is estimated to register significant growth in 2018 due to the development of agro-based industries. Additionally, low cost manufacturing coupled with favorable government policies would act as a catalyst for various industries in the country and would significantly drive the demand for high speed diesel genset market during the forecast period.

According to 6Wresearch, Indonesia High Speed Diesel Genset Market Revenues are projected to grow at a CAGR...