Increasing Access to Electrification along with Strengthening Power Sector Would Drive the Myanmar Switchgear Market - 6Wresearch
Construction of new housing units, development of several large-scale transportation infrastructure projects as well as strengthening of the power infrastructure in the country are some of the top objectives of the NLD government in Myanmar over the coming years. Initiatives such as the Myanmar National Electrification Plan have been adopted with an aim to achieve full electrification in the country by 2030. In addition, increasing foreign investment for the development of energy and utilities, residential and public infrastructure sectors of Myanmar would also contribute to the rise in sales of switchgears. These factors would fuel the growth of switchgear market in the country.

According to 6Wresearch, the Myanmar Switchgear Market revenues are projected to...

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...

Rising Residential Units in Dubai, Abu Dhabi and Sharjah Would Spur the Growth of Kitchen Hood Market in UAE - 6Wresearch
UAE kitchen hood market registered sluggish growth attributed to economic slowdown as a result of oil price crisis over the last few years. However, upcoming new residential supply units, increasing number of hotels, restaurants, and quick service restaurants (QSRs) along with rising consumer awareness towards health, rising modern lifestyle, adoption for smart living as well as attractive kitchen solutions particularly modular kitchens are some of the key factors that would propel the growth of kitchen hood market.

According to 6Wresearch, UAE kitchen hood market is projected to grow at a CAGR of 11.5% during 2018-24. Healthy growth is anticipated on the back of growing investment and development of residential and commercial sectors in UAE due to upcoming Dubai...

Rising Foreign Investment for Country’s Redevelopment Activities Coupled with the Growing Demand for IT Infrastructure Would Fuel the Growth of Iraq’s Uninterruptible Power Supply (UPS) Systems During 2018-24 - 6Wresearch
Iraq’s infrastructure redevelopment initiatives would witness significant growth in coming years on account of upcoming large-scale investments such as $30 billion fund pledged by a group of countries in Kuwait International Conference for the Reconstruction of Iraq. With the development of Infrastructure sector, demand for high KVA UPS is anticipated to increase as these products are highly used in areas such as airports, railway stations and ports. Although, due to ISIS revolt and drop in oil prices, Iraq’s growth was impacted in the past. UPS market is expected to witness healthy growth in the forecast period due to improving security situation and reconstruction...

Growing Industrial Sector to Drive the Ivory Coast Uninterruptible Power Supply (UPS) Systems Market by 2024 - 6Wresearch
Construction of new industrial zones in cities such as Bonoua, Abidjan, Yamoussoukro, Bouake, Man, and San Pedro coupled with infrastructural development activities would fuel the growth Ivory Coast UPS systems market over the coming years. Additionally, rising number of commercial sector projects on account of government’s National Development Plan 2016-20 would also result in construction of hospitals, hotels and airports. These large-scale projects are expected to support the growth of UPS systems market over the coming years.

According to 6Wresearch, the Ivory Coast Uninterruptible Power Supply (UPS) Systems market revenues are projected to grow at a CAGR of 5.9% during 2018-24. Remarkable growth in the IT sector of the country is anticipated to surge over the...

Substantial Growth in the Commercial Sector Would Drive Qatar Uninterruptible Power Supply (UPS) Systems Market by 2024 - 6Wresearch
Qatar is predicted to be the fastest growing country in the GCC region. Growth in the country’s construction sector is attributed to spending of over $200 billion by the government for several infrastructural development projects in certain key sectors such as health, education, and transportation. GDP from non-oil dependent sectors expanded by 5.6% in 2016, driven by huge emphasis on infrastructural development activities and completion of projects in preparation for upcoming FIFA World Cup 2022. Additionally, continuous spending by the government across certain key public sectors to avoid delay in completion of projects coupled with growing private sector contribution would boost Qatar UPS Systems Market over the next few years.

According to 6Wresearch...

Digitization of the National Economy and Government Efforts to Develop Healthcare Industry Would Drive the Jordan Uninterruptible Power Supply (UPS) Systems Market - 6Wresearch
Growing investment in the industrial sector and government initiatives such as e-Government and REACH 2025 would be some of the key factors to spur the demand for uninterruptible power supply (UPS) systems market in Jordan. Further, expansion of digital network across the country, especially in government services would also boost the growth of UPS systems in the country.

According to 6Wresearch, Jordan Uninterruptible Power Supply (UPS) Systems market revenues are projected to grow at a CAGR of 2.8% during 2018-24. The demand for uninterruptible power supply systems is expected to rise in the area of critical services infrastructure such as hospitals and medical care facilities, where regular power supply is...

India Beer Market (2018-2024) Market Forecast By Types (Strong Beer and Mild Beer), By Sales Channels (On Trade Channels and Off Trade Channels), By Packaging (Bottled Beer, Canned Beer and Draught Beer), By Demographics (Age Group and Gender), By Regions (Northern, Eastern, Western and Southern) and Competitive Landscape

India beer market is witnessing significant growth on account of surging consumer preference for beer over other alcoholic drinks in past few years. Increasing personal disposable income, urbanization along with growing acceptance of social drinking are further complementing the growth of beer market in the country. Moreover, per capita beer consumption in India is extremely low as compared to other Asian countries such as China, which is the largest beer market across the world. Low beer consumption is posing huge opportunities for domestic and international beer...

Rising IT Spending and Increasing Emphasis on Protection of Critical Equipment would be the Key Drivers for the Growth of Lebanon Uninterruptible Power Supply (UPS) Systems Market - 6Wresearch
Increasing FDI inflow in IT industry and technological advancements would surge the demand for uninterruptible power supply (UPS) systems in the country. Lebanon is emerging as an ICT hub in the Middle Eastern region and the Lebanese government is looking to upgrade the existing information technology infrastructure in the country. This investment by the government is expected to be beneficial for the UPS systems market in Lebanon during 2018-24.

According to 6Wresearch, Lebanon Uninterruptible Power Supply (UPS) Systems market revenues are projected to grow at a CAGR of 3.0% during 2018-24. Lack of ability of the National Electricity Generating Company, EDL to provide the required amount of...

Lack of Adequate Grid Network Along with Growth in Commercial Sector Would Spur the Nigeria Uninterruptible Power Supply (UPS) Systems Market - 6Wresearch
Nigeria Vision 20:2020 is set to be a major development plan for the country to accelerate growth of commercial and industrial sectors over the coming years. Further, vision 20:2020 aims to achieve stability in social infrastructure, energy sector, small and medium enterprises as well as manufacturing sector and government services of the country. These initiatives would offer several opportunities in the commercial and industrial sectors of the country over the coming years. This would strengthen the market for UPS systems in Nigeria as these systems are required to provide seamless power support in such segments.

Browse Press Release @...