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Elevator and Escalator market in India has registered growth in last few years on the back increase in number of high rise buildings, expansion and construction of airports and metros
Government schemes and initiatives such as UDAY and DDUGJY are expected to further fuel the growth of switchgear market in the forecast period
India Switchgear market is anticipated to witness robust growth during the forecast period as a result of development of power infrastructure due to surging power
Government schemes and initiatives such as UDAY and DDUGJY are expected to further fuel the growth of switchgear market in the forecast period
India Switchgear market is anticipated to witness robust growth during the forecast period as a result of development of power infrastructure due to surging power
Saudi Arabia and UAE are the key revenue generating countries in the entire GCC region. Solar photovoltaic equipment’s accounted for major revenue share in the overall market in 2015
The market for solar equipment in GCC region has registered growth in last few years due to growing awareness and initiatives taken by the governments to promote power generation
Increasing number of tourists, school & institutional buses and reefer trucks usage in cold chain industry would boost the demand for transport air conditioner & refrigeration systems in the country.
SME and home/ SOHO markets on the back of increasing awareness, declining prices and introduction of entry level NAS in Indian market
India’s IoT market is in initial phase which is expected to grow exponentially over the next six years. The major drivers of this market in India are initiatives taken by the government, growing acceptance
The power utility segment accounted for majority of the revenue share in the UAE’s switchgear market. Over the next six years, commercial and industrial segments
UAE Switchgear market is anticipated to witness moderate growth during the forecast period as a result of growing number of power plants and substations
Australia, diesel genset market, genset with rating more than 750 KVA accounted for majority of the market revenue share due to their extensive usage
In overall GCC construction equipment market, Saudi Arabia held highest revenue share, however, the market growth is exhibited to remain sluggish
The GCC construction equipment market is highly consolidated, wherein few international players have acquired majority of the market share.
UAE smart homes market, home energy management system segment accounted for majority of the market revenues owing to high pricing and installation of HVAC systems
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