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Showing posts from November, 2018

India Air Conditioner market revenues are forecast to grow at a CAGR of 12.2%

Increasing Purchasing Power of Consumers Coupled with Growing Construction Market in Tier II and Tier III Cities Would Spur the Demand for Air Conditioners in India – 6Wresearch Growing number of middle-class households and rising buying power would continue to accelerate the demand for room split air conditioners (ACs) in India. Increasing office and retail spaces in the country along with booming tourism and hospitality sectors are also contributing in the healthy growth of the Indian air conditioner market. According to 6Wresearch ,  India Air Conditioner market revenues are forecast to grow at a CAGR of 12.2% during 2018-24 . Under the new government tax regime, the Goods and Service Tax (GST), air conditioners were put in highest tax bracket, which resulted in a sudden increase in the prices, thereby affecting sales in 2017. However, Indian air conditioner market is expected to recover from the sales slowdown owing to expansion of SME sector, business parks, commercial h...

India Video Surveillance Market (2018-2024)-6Wresearch

Government & Transportation Application to Drive the Growth of Video Surveillance Market in India - 6Wresearch Video surveillance market in India has increased tremendously in recent years owing to rising security concerns primarily arising from theft, domestic crime and threats from terrorism. Growing consumer awareness towards video surveillance for security and monitoring coupled with declining installation cost have resulted in higher demand for video surveillance systems in India. According to 6Wresearch , Video Surveillance Market Revenues are projected to grow at a CAGR of 16.4% during 2018-24 . Growth would be aided during the forecast period primarily due to increasing government initiatives towards city surveillance and smart city projects would result in surge in deployment of high-resolution IP cameras across the country. Request Sample Pages @  https://www.6wresearch.com/press-releases/india-video-surveillance-market-share-forecasts-size-growth-opportunity-shi...