Global Market Research - 6Wresearch

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 :  http://www.6wresearch.com/press-releases/ethiopia-air-conditioner-market-ac-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile.html According to ...

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 of 3.8% during 2018-24 . Indonesia's government aims to improve the country's infr...

Industrial and Agricultural Sectors are Likely to Drive the Growth of High Speed Gas Genset Market in Indonesia - 6Wresearch Indonesia government is set to develop the country's automotive, petrochemical and agro-based industries, which would strengthen the industrial and agricultural sectors in Indonesia. As gas gensets have lower operational costs and are more environmental friendly solutions as compared to their diesel counterparts, more number of industries are adopting the trend of using natural and bio-fuel based gas gensets for power backups. Expected growth in the industrial and agricultural sectors, as a result of government development plan such as National Long-Term development plan would help the high-speed gas genset market to grow over the coming years. According to 6Wresearch , Indonesia 1,000 kVA - 2,500 kVA High Speed Gas Genset Market is projected to grow at a CAGR of 2.4% during 2018-24 . The hospitality and transportation sectors of the country are expected...

Maintenance Service Segment to Contribute Major Share in Romania Elevator and Escalator Market - 6Wresearch Over the past five years, Romania elevator and escalator market registered sluggish growth in terms of number of new installations, predominantly attributed to low investment in the construction projects. Corruption allegations against politicians have adversely affected investors confidence, decline in construction market projects have created negative impact in the growth of elevators and escalators market. However, the market is forecast to post positive growth on account of government's Transport Master Plan, First Home Program and Rural Development Program (RDP) which would support industry growth and construction of new hotels & shopping malls, along with increasing inflow of FDI in the construction and retail sectors. During the forecast period, the maintenance service segment is projected to hold major market share on the back of growing new installation, incre...