Global Market Research - 6Wresearch

Rising Population, Increasing Number of Education Enrolments along with Sri Lankan Government Goals to Achieve 100% Literacy Rate by 2020 Would Surge the Demand for Sri Lanka Stationery Market During the Forecast Period - 6Wresearch The Stationery Market in Sri Lanka is at a growing stage. Several upcoming government schemes related to education along with growing population are expected to drive the demand for stationery items in Sri Lanka over the coming years. Sri Lanka possesses a literacy rate of 93% and the government has further devised an objective to achieve 100% literacy rate in the country by 2020, which would pave the way for healthy growth of the stationery market in Sri Lanka during the forecast period. According to 6Wresearch , Sri Lanka Stationery Market revenues are projected to grow at a CAGR of 9.3% during 2018-24 . Ongoing projects such as $2,900 million General Education Modernization (GEM) Project and $100 million Accelerating Higher Education Expansion and D...

Strengthening Education Sector and Growing Literacy Rate would be the Key Drivers for the Growth of Stationery Market in Myanmar - 6Wresearch The government of Myanmar is making efforts to transform the education sector of the country from rote based learning to the international level. Several national and international organizations such as World Bank and the Ministry of Education are supporting the government by investing in the country's education system as well as infrastructure related initiatives. According to 6Wresearch , Myanmar Stationery market revenues are projected to grow at a CAGR of 11.4% during 2018-24 . The demand for both paper and non-paper stationery products such as exercise notebooks, pen and pencils is expected to rise in the country. The demand for such products majorly arises from school going population. According to the government statistics, there were more than 47,000 schools across Myanmar in 2015-16. Additionally, more than 20% of the total popu...

Lower Power (0-3 HP) Submersible Pump with DC Motor Remains the Major Growth Driver of Africa Solar Water Pump Market - 6Wresearch Africa Solar Water Pump market had registered substantial growth in terms of number of new installations, predominantly attributed to decreasing price of PV panels and government subsidy over the past few years. Easy finance by NGO's and government banks boosted the small scale farmer confidence which have bolstered the Africa Solar Water Pump market. In Morocco, NAMA program supports new installation of solar water pump in agriculture fields. During the forecast period, lower capacity submersible pumps with DC motor would account for majority of the market share on the back of increasing diesel price and poor availability of grid electricity in the agriculture fields. According to 6Wresearch , Africa Solar Water Pump Market volume is expected to grow at a CAGR of 24.2% during 2018-24 . New installation of solar water pump is anticipated during the...

Surging Power Demand, Growth in Renewable Energy Sector as well as Expansion of Power Distribution Network Would Fuel the Demand for Load Break Switch and Recloser in Latin America - 6Wresearch In order to increase the share of renewable power generation, major Latin American countries are anticipated to increase investment in the development of new power generation and distribution network which would result in the growth of Load Break Switch and Recloser market in the region. Further, with the help of Public and Private Partnership Program, Latin American countries are increasing investments in infrastructure development for construction of new roads, power infrastructure, hotels, and manufacturing facilities, which would further drive the growth of the Load Break Switch and Recloser Market over the coming years. According to 6Wresearch , the Latin America Load Break Switch and Recloser Market is projected to grow at a CAGR of 8.6% and 5.9%, respectively during 2018-24 . Brazil ...

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 Recloser during the forecast period. According to 6Wresearch , Europe 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 2030, which would result in upgradation of ageing power infrastructure and would further drive ...