ReleaseWire Connect

Vietnam Automobile market, although at an evolving stage at present, is predicted to mature considerably well in the coming years. The market in Vietnam is expected to grow due to high demand for cars and strong government support. Furthermore, competition is high among top auto makers to establish their space among others in the market and understand the needs and requirements of the Vietnamese customer. Considering the above factors, the global fuel cell market is projected to grow at a CAGR of around 8.2% during the forecast period 2014-2014.

According to a new research report by RNCOS, “UAE Education Market Outlook 2018”, the education sector in UAE is attracting huge investments by the private sector. UAE is focusing on making kindergarten an integral part of the education sector in order to strengthen the education base for the future years. It is also focusing on higher education and technical & vocational courses in order to fulfill the skill based needs of the market. Further, privatization is leading to the upliftment of education setup so that it matches the international standards and caters to the increasing demand of expat population. All the above reasons coupled with large number of enrollments in higher education, will provide a boost to the UAE education sector in the coming years as well.

Medical care segment in India has observed a tremendous growth in infrastructure in private and voluntary sector. It has been noticed that, nearly 75% of the healthcare services and investments in India are now provided by the private sector.

According to a new research report by RNCOS, “UAE Steel Industry Outlook 2018”, the demand for steel in UAE has propelled on the grounds of massive developments taking place in various Emirates like Dubai etc. Steel consumption has increased in UAE due to a boom in construction & infrastructural activities taking place over the past few years. Infrastructure projects in shipbuilding, pipelines, power plants, pre-engineered buildings, airports and railways etc are driving the demand for steel in UAE. Further, with the extensive economic development taking place in UAE, the steel industry is set to witness rapid strides in the future also.

With the growing awareness regarding the benefits of feeding the aquacultured species with commercial aquafeed, the demand for commercial aquafeed is increasing in the country. According to a new report by RNCOS, “India Commercial Aquafeed Market Outlook 2018”, until now carps were majorly being cultured in the country. However, with an increase in the production of catfish and tilapia, the amount of commercial aquafeed required in the country will also see rapid growth in the coming years.

Cable tray and its support systems are complementary to each other. When a new project is started, it creates demand for cable trays and its supporting accessories simultaneously. During our study, we have come to know that majority of EPC contractors prefer to buy cable trays and support systems as a complete solution and not as individual products. This practice makes the procurement process less complicated and more economical.

Nanotechnology is increasingly attracting worldwide attention owing to its wide range of end users. Among all, European region is witnessing the most rapid growth in this industry due to its huge investment in nanotechnology research and development programs. The growth is also attributed to the region’s domination of products such as PCs, mobile devices or vehicles in the world market.

The growing demand for power in various industries has increased the need for a well-addressed power electronics industry. The upward trend in the Indian UPS market is expected to continue over the coming years as a result of steady demand from various end-user sectors. The establishment of various enterprises that need uninterrupted power supply to maintain 24x7 operations would also push the market immensely. UPS systems are also in great demand in government departments due to computerization initiatives taken by the central and state governments (such as in e-governance, infrastructure and education), power & gas and oil verticals, with these sectors investing in the mission critical physical infrastructure. Therefore, with the number of new end-user segments coming up, the UPS industry would show considerable growth in the future.

An air-based pressure redistribution mattress, colloquially, is also known as an airbed. These mattresses are used to promote skin integrity, prevent skin breakdown, and heal and prevent pressure ulcers. According to the research study of RNCOS, the market of alternating pressure mattresses is estimated at around INR 200 Million for the year 2013. Rising incidences of chronic diseases in India is one of the major drivers besides aging population, growing median household income, growth in healthcare infrastructure fueling demand of such mattresses.

Using sharp containers to dispose sharp waste is emerging as a standard practice in various healthcare institutions. These containers are used for disposing off the sharp wastes, like needles etc immediately after their use inorder to prevent injuries. According to a new report by RNCOS, “Indian Medical Sharp Container Market Assessment and Forecast 2018”, with the growing number of healthcare establishments in India, coupled with increasing awareness regarding disposing the sharp waste in the right manner, the demand for medical sharp containers is increasing in the country.