Posts

Showing posts from July, 2023

United States Building Energy Management Systems Market (2023-2029) | 6Wresearch

Image
United States Building Energy Management Systems Market Synopsis The United States Building Energy Management Systems Market is surging exponentially in the country owing to the rising awareness of improving environmental impact where using energy management systems can help reduce carbon footprints. Additionally, government regulations regarding environmental impact have prompted businesses to invest in BEMS solutions to attain and meet sustainability goals is one of the trends estimated to secure a double-digit growth in the market. According to 6Wresearch, the United States Building Energy Management Systems Market size is projected to grow at a significant rate during 2023-2029. The market has been growing considerably underpinned by various growth factors such as businesses becoming aware of to use of BEMS for better energy optimization and smart buildings construction leading to generating a high adoption rate of BEMS. Furthermore, the rising demand for IoT-enabled devices and s...

Philippines Data Center Market (2023-2029) | 6Wresearch

Image
Philippines Data Center Market Synopsis The Philippines Data Center Market witnessed moderate growth in 2018-19, driven by various projects such as the VITRO Paranaque and the upgrade of VITRO Pasig. In addition, government initiatives such as the launch of the Integrated Government Philippines (iGovPhil) Phase III program in 2018 and the establishment of the Data Center Incubation Program in the same year to support new data center companies in the country, further supported this growth. In 2020, the demand for data center services in the Philippines was positively impacted by the COVID-19 pandemic, which accelerated the growth of digital transformation, cloud computing adoption, and other digital technologies, which stimulated the Philippines Data Center Market Growth. According to 6Wresearch, the Philippines Data Center market revenue is projected to grow at a CAGR of 8.1% during 2023-29. The data center market in the Philippines is driven by growth in the e-commerce sector as Phil...

India Video Surveillance Market (2017-2023) | 6Wresearch

India Video Surveillance Market Synopsis The India video surveillance market has grown considerably over the past few years due to rising security concerns and sustained growth of infrastructure in the country. The constant threat of terrorist attacks post-Mumbai attack in 2008 as well as attacks on the Indian Parliament has necessitated the deployment of surveillance systems in both public and private sector buildings. Commercial offices are increasingly deploying these surveillance systems to protect their infrastructure, data and enhance security in their compounds. According to 6Wresearch, the India Video Surveillance market generated $233.47 million in 2011 and is expected to reach $952.94 million by 2016, with a CAGR of 32.49% from 2011-2016. IP surveillance systems accounted for 32.3% of the market share in 2011 and are expected to grow with a CAGR of 41.78% from 2011-2016. Bosch, Honeywell, Samsung Techwin, Pelco, DVTel, EMC, HP, Genetec, Milestone, etc, are some of the major ...

United States Fuel Cell Market (2014 -2019) | 6Wresearch

United States Fuel Cell Market Synopsis North American region is the second largest revenue-generating region in the global fuel cell market after Asia-Pacific. The growth of the North American region is primarily dependent on the growing demand for fuel cells in the United States. The United States accounted for more than 60% of the North American Fuel cell market. Companies such as Fuel Cell Energy, Ballard, and Plug Power are contributing majorly to the growth of the fuel cell market in the United States. According to 6Wresearch, the United States Fuel cell market is projected to reach $1.42 billion by 2019. Proton Exchange Membrane Fuel Cell (PEMFC) technology occupies the lion’s share in the overall market due to its ease of usage, cost efficiency, and higher backup power. Though the PEMFC market is anticipated to remain dominant during 2014-19, higher growth rates are expected from other fuel cell technology markets such as Molten Carbonate Fuel Cells (MCFC) and Direct Methanol ...

United States Building Energy Management Systems Market (2018-2024) | 6Wresearch

United States Building Energy Management Systems Market Synopsis The United States Building Energy Management systems market is anticipated to project substantial growth during the upcoming years on account of rising prices of electricity. Government incentives for promoting building energy efficiency as well as growing awareness amongst end-users regarding sustainable development and environment-related issues are the key drivers which would fuel the United States Building Energy Management systems market Growth. According to 6Wresearch, United States Building Energy Management Systems market revenues are projected to grow at a CAGR of 12.2% during 2018-24. The government of the United States is supporting the deployment of energy-efficient devices and equipment through several incentives such as Federal Energy Management Program and Corporate Energy Management. According to Residential Energy Consumption Survey, American households consume more electricity during winter. Space heati...

United Arab Emirates (UAE) Kids Footwear Market (2023-2029) | 6Wresearch

United Arab Emirates (UAE) Kids Footwear Market Synopsis United Arab Emirates (UAE) kids Footwear Market has shown decent growth during the pre-covid years owing to the tourist's arrival in the nation which has increased to 21.6 million in 2019 from 20.2 million in 2018. However, the market has seen a decline in its total revenue in 2020 as the COVID-19 pandemic led to the closure of retail shops which negatively impacted the market. Further, government Tourism Strategy 2031 in order to attract 40 million tourists by 2031 would augment the market of kid's footwear in the years ahead. According to 6Wresearch, the United Arab Emirates (UAE) Kids Footwear Market size and market volume are projected to grow at a CAGR of 4.6% and 3.3% respectively during 2023–29. UAE kids footwear market is expected to show decent growth in the coming years owing to the growing awareness of the importance of physical fitness and healthy lifestyles along with the rising spending of tourists in the c...