Middile East Market Research Reports - 6Wresearch

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, reconstruction and development of infrastructure is on a rise in Iraq. Substantial investment prima...

Growing Need for Vertical Transportation is likely to Drive the Growth of Singapore Elevator and Escalator Market Over the Coming Years - 6Wresearch The growth of elevator and escalator industry substantially depends upon the construction outlook of the country. Though, Singapore elevator and escalator market recorded sluggish growth over the past few years, owing to declining construction sector, especially in the residential segment. However, it is anticipated to gain significant momentum post 2018. This growth would be majorly attributed to the recovery of construction sector along with continuously rising demand for maintenance services by huge installed base of elevators and escalators in the country. Explore Press Release :  http://www.6wresearch.com/press-releases/singapore-elevator-and-escalator-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile.html According to 6Wresearch , Singapore elevator and escalator market is pr...

Expanding Renewable Energy Sector Along with Growing Government Focus on Non-Oil Economic Development Would Surge the Demand for Saudi Arabia Solar Panel Market by 2024 - 6Wresearch The solar panel market is at the nascent stage in Saudi Arabia. Several upcoming infrastructure projects in the country along with increasing on-grid power tariffs are expected to drive the demand for solar panels in Saudi Arabia over the coming years. Additionally, construction activities in the commercial, industrial, government and residential sectors are expected to further fuel the demand for solar panels in the region. Moreover, to reduce the current fiscal deficit and to increase the non-oil based revenues of the Kingdom, the government is planning to invest heavily in renewable energy sources such as solar and wind energy. According to 6Wresearch , Saudi Arabia Solar Panel Market revenues are projected to grow at a CAGR of 30.2% during 2018-24 . Upcoming projects such as $200 billion 200 GW sol...