Metito Conferred the Frost & Sullivan 2009 Market Leadership Award for Middle East Water and Wastewater Treatment MarketABU DHABI, UAE - Frost & Sullivan felicitated Metito with the 2009 Market Leadership Award in the Middle East Water and Wastewater Treatment Market. The award is recognition of Metito’s leadership position in the regional water and wastewater treatment market, be it in terms of market share or market coverage. Metito’s emphasis on excellence and economy has helped the company maintain its edge over competition in this fiercely competitive market with over 115 local and international players. Seawater Desalination Remains Critical to Meet Water Requirements Across the Middle East and North Africa, Finds Frost & SullivanDUBAI, UAE - It is estimated that the Middle East and North Africa (MENA) region needs to add about 2.7 million Cu m/day of desalination capacity every year to meet the rising water demand in the region. Considering this, the desalination plant market in the MENA, which experienced spectacular growth in recent years to emerge the largest market for desalination plants, can be expected to sustain its impressive growth momentum. In fact, it is likely to gain investments worth $15.5 billion between 2009 and 2013. 2009 India Excellence in Healthcare AwardsMUMBAI, India - - Annual India Excellence in Healthcare Awards to Celebrate Best in the Industry Storage Technologies Market in South Asia and Middle East Plod on Despite Tighter IT Budgets, Finds Frost & SullivanMUMBAI, India - The emerging storage technologies market in South Asia and the Middle East seems relatively insulated from the current economic slowdown, as a boom in data growth as well as enterprises’ need for business continuity, disaster recovery solutions, and regulatory compliance have caused a spurt in the technology’s adoption levels. Businesses are increasingly focusing on gaining an edge by reducing operational risks and there have been substantial advances in data storage to supply the demand for better data management and recovery. OSS BSS Solutions Market Growing Rapidly in India, Reveals Frost & SullivanMUMBAI, India - The phenomenal growth in the Indian telecommunication industry has led to the increased demand for Operation Support System and Business Support System (OSS BSS) solutions. Decreasing Average Revenue per User (ARPU) in a predominantly pre-paid telecom market has forced Telecom Service Providers (TSPs) to look for alternate sources of revenue in terms of Value Added Service (VAS) and increase focus on customer satisfaction. They also have to meet increasing demand in IT requirement to cope up with rapidly increasing subscriber base. These factors have fuelled growth of OSS BSS solutions brought about by emerging services like Service Delivery Platform (SDP), which help in faster rollout of services. Improving Road Infrastructure and Proposed Huge Investments in Pipelines Bode Well For the Liquid and Gaseous Cargo Transportation Market in IndiaMUMBAI, India - Rapidly rising consumption of petroleum oil and gases, together with liquid chemicals, is driving the market for transportation of liquid and gaseous cargo in India. The growing economy, increasing disposable income, and growth in automobile and industrial production continues to push the demand for natural gas as well as petroleum, oil, and lubricants (POL). More than half of the liquid and gaseous cargo in India was transported domestically by road in 2008; but with growing consumption, pipelines are expected to gain share from road and railways in the POL segment. The main reasons behind this are higher safety, lower rates of pilferage, and faster transportation time. India’s Container Trade Thrives in Tandem With Booming Economy, Finds Frost & SullivanMUMBAI, India - India’s containerized transportation is poised for significant growth spearheaded by rising international trade, and increasing investments in ports infrastructure by the government and through public-private partnerships (PPPs). Sea traffic carries 95.0 percent of India’s exports by volume and 70.0 percent in value terms. Considering the present stage of economic development, the shifting of manufacturing activities to India, privatization of port operations, and demand from foreign nations to containerize commodities bode well for the market. Frost & Sullivan’s Insights on Asian Manufacturer’s Perceptions on World Class Manufacturing (WCM)MUMBAI, India - Manufacturing is one of the key contributors to the growth of an economy. A country with a well-equipped manufacturing process is believed to be balanced and independent. Every economy goes through the cycle of growing from an agrarian to an industrial and finally to a service-dominated economy, which in turn leads to dependency on economies that can fulfill their product needs. This has led companies to compete globally to produce goods, which are acceptable as per the global norms. Invest and set the Foundation to Come out Ahead in the Rebound, Recommends Frost & Sullivan for the Indian Chemicals & Materials IndustryMUMBAI, India - - Frost & Sullivan’s ‘The Rising Tide’, an Exclusive Strategic Management and Partnership Summit for the Indian Chemicals & Materials Industry Frost & Sullivan: Modernisation Programmes to Swell Opportunities for Overseas and Private Participants in the Indian Sea Training and Simulation MarketMUMBAI, India - The sea training and simulation market in India is at the growth stage. The market will experience steady expansion as a result of the modernisation programme of the Indian Navy and Coast Guard, providing more opportunities to overseas as well as private participants. Policies for FDI and private sector participation will be more favourable over the long term. To gain greater market share, companies should design easily upgradeable and interoperable simulators. Rising Consumption of Steel and Aluminium in the Infrastructure and Manufacturing Sectors Drive Metal Transportation Markets in IndiaMUMBAI, India - The metal transportation market in India is primarily driven by the manufacturing and infrastructure sectors. With both these witnessing impressive growth in the past few years, the consumption of metals, and thereby, revenues for the transportation of metals, have risen steadily. The prospects for the market will get brighter over the next five years, buoyed by several government initiatives in the infrastructure sector, and an expected early revival in the manufacturing sector. Armed Forces Modernisation Programme to Offer Lucrative Opportunities for Overseas and Private Participants in Indian Air Training and Simulation Market, Finds Frost & SullivanMUMBAI, India - The air training and simulation market in India is at a growth stage. The market will experience steady expansion as a result of the modernisation programme of the Indian armed forces, providing more opportunities to overseas as well as private participants. Policies for FDI and private sector participation will be more favourable over the long term. To gain greater market share, companies should design easily upgradeable and interoperable simulators. Frost & Sullivan Study Reveals Telecom Sector to be the Most Resilient Sector in South Asia and Middle East MarketsMUMBAI, India - Global economies have had to face the heat of recession in recent years. Sectors which were growing by leaps and bounds and were at a time the most sought after markets to invest in, turned to dust in no time. During such trying times, the only sector, which has remained unscathed, has been telecom. Greater Infrastructure Development in India Boosts the Cement Transportation Market, Finds Frost & SullivanMUMBAI, India - The consistent growth of the infrastructure and housing sectors has increased the demand for cement, bringing cheer to the cement transportation market. Apart from the influx of more global cement manufacturers, the cement transportation market will also benefit from favorable government initiatives related to various infrastructure projects and urban development, which can revive the housing sector also. Growing Awareness and Increased Investments Lead to Growth of Biotechnology Applications in the Food & Beverage and Dietary Supplements Sector, Reveals Frost & SullivanMUMBAI - - Frost & Sullivan’s Food & Beverage Focus 2009 Annual Executive MindXchange on Biotechnology Applications in the Food & Beverage and Dietary Supplements Sector Innovative and Affordable Products Uplift Prospects for Point-of-Use Water Treatment Systems Market in India, Finds Frost & SullivanMUMBAI, India - Growth in purchase power, non-availability of clean potable water, and the introduction of innovative, affordable chemical/resin-based products have given the Indian point-of-use (POU) water treatment systems market a significant boost. The residential water treatment systems market is in the growth stage in India as urban lifestyles evolve in tandem with increasing globalization and the rapid pace of development of the IT/ITES industry. Extensive marketing efforts by product suppliers have helped expedite awareness on the detrimental effects of water contamination. Passenger Vehicle Telematics and Navigation Systems on the Highway to Success, Finds Frost & SullivanMUMBAI, India - Telematics and Navigations systems are finally seeing the light of the day after being in obscurity for years as they are beginning to make a mark in the passenger vehicles market. This greater consumer interest has been backed by drop in prices as a result of focused marketing and decreasing costs of components. Tata Communications & Cisco’s 5-city Frost & Sullivan Executive MindXchange on Managed MPLS Wraps UpMUMBAI, India - - Multi-protocol Label Switching (MPLS) Based Network Solution is Fast Emerging as a Viable Alternative for Enterprises Reveals Frost & Sullivan Indian Commercial Vehicle Market Throws up Substantial Opportunities for Telematics, Finds Frost & SullivanMUMBAI, India - Although the Indian market for telematics in commercial vehicles, is highly lucrative, it is also a challenging one. Telematics companies must not only figure out a way to successfully bring the product to this highly fragmented market, but will also have to deal with the job of convincing customers to buy them. Indian Air Cargo Market to Fly High with Market Liberalization, Finds Frost & SullivanMUMBAI, India - Indian Air cargo has remained at negligible levels, in comparison to the global standard, due to various factors such as cost, type of cargo and infrastructure. This is set to change in the next three to four years with the Indian economy on a solid growth trajectory and the liberalization of the aviation sector. India is also set to emerge as a cargo hub, due to geographic location between SE Asia and EU nations. Economic Meltdown Temporarily Restrains Growth in the Middle East Water and Wastewater Treatment Equipment Markets, Finds Frost & SullivanDUBAI, United Arab Emirates - The market for water and wastewater treatment equipment in Gulf Cooperation Council (GCC) countries experienced rapid growth during 2008 driven by huge investments in infrastructure, real estate, petrochemicals, oil and gas and other sectors. However, the sub-prime mortgage crisis that hit western economies changed the business climate and there was a considerable decline in demand for most commodities. Crude oil prices plummeted to about $50 per barrel from a historic high of $145 per barrel, making investors wary of funding new projects. Growing Awareness on Energy Efficiency, Technological Advancements, and Burgeoning Construction Industry Fuel Lighting Controls and Systems Market in India, Notes Frost & SullivanMUMBAI, India - Although premature and unregulated, the lighting controls and systems market in India witnessed strong growth until recently. This was largely due to the boom in the construction sector, which saw huge investments in commercial, industrial, residential, and infrastructural construction. Growth over the next few years is likely to decelerate through 2010 due to the economic meltdown and the reduction in construction activity. Nonetheless, the market is likely to pick up momentum, primarily driven by energy-saving requirements. Frost & Sullivan Estimates Gray Iron and Spheroidal Graphite Iron Demand in the Indian Auto Industry to Reach 480,277 and 312,090 MT Respectively by 2013 in Automobile IndustryMUMBAI, India - Growing concern over pollution and higher operating costs has forced the closure of foundries in developing countries. It is estimated that nearly 4,000 foundries have closed in Europe and the United States, and demand has shifted to countries such as India, China, and Brazil. New vehicle production is cyclical and hence demand for iron from the automotive industry varies. With the heavy commercial vehicle and tractor segment shifting focus toward higher horsepower engine, the components, such as cylinder block and cylinder head, manufactured from iron will increase. The passenger car and utility vehicles segment is expected by grow at a CAGR of 10.0 percent, which bodes well for the automotive ferrous castings market. New Opportunities Unfold for Participants in the Indian Airport Infrastructure Market, Finds Frost & SullivanMUMBAI, India - Large scale improvisation and expansion in the Indian airport infrastructure market coupled with active government support for private participants, particularly in Greenfield projects, has enabled the sector to take huge strides forward. Observations indicate that long term prospects for both private participants and the country look promising. Construction Boom Heats up the Market for District Cooling, Finds Frost & SullivanDUBAI, UAE - District cooling is fast emerging as the most viable cooling solution in the Middle East, where the temperature frequently exceeds 45 degree Celsius and air conditioning requirements consume 70 percent of the power during peak electricity demand. As power shortage is rampant in this region, the governments are turning to district cooling to cool buildings, as it is a cheaper and greener alternative to air conditioning. This solution can not only mitigate the power crisis in the Gulf Cooperation Council (GCC) countries but also help reduce carbon footprints through increased energy efficiency and lower CO2 emissions. New analysis from Frost & Sullivan (www.buildingtechnologies.frost.com), Analysis of the District Cooling Market in the Middle East Region, finds that the market earned revenues of $580.0 million in 2008 and estimates this to reach $2.00 billion in 2013 at a compound annual growth rate of 28.0 percent. Wide Applications and High Local Demand Make it the Most Opportune Time for LCD Panel Manufacturing in India, Says Frost & SullivanMUMBAI, India - Television sales have been rapidly surging; the Indian mobile handset market continues to grow despite turbulent economic conditions and the usage of industrial displays is also on the rise. Thus, the applications of liquid crystal display (LCD) panels and awareness about it have drastically increased in India. Commonly used applications including the television, monitor, and mobile handset use thin-film transistors LCD (TFT-LCD) panels, whose penetration rate is growing substantially compared to the traditional displays. Rising Energy Demands Necessitate Capacity Additions in Oil and Gas Refineries, Finds Frost & SullivanMUMBAI, India - The sustained economic growth in the country over the last five years has led to a concurrent growth in energy demand across industrial, transportation, commercial, and residential sectors. Oil and gas account for 41 percent of India’s energy consumption and there is unlikely to be any significant scaling down of dependence on these fuels in the next five to ten years. Strong Demand From Communications and Defense Sectors Enables Indian General Purpose Test Equipment Market to Thrive, Notes Frost & SullivanMUMBAI, India - The Indian telecom sector has taken great strides forward in recent times, and the high rate of growth in the mobile phone market has amplified market prospects. These positive trends in the telecom industry bode well for the general purpose (GP) test equipment market as these testers are employed for a variety of purposes ranging from research and development (R&D), manufacturing to installation and maintenance (I&M). Besides telecommunications, demand from defense and education sectors in India is also driving growth in the GP test equipment markets. Indian Low and Medium Voltage Switchgear Markets to Rebound by 2010, Driven by Demand from Various Segments, Says Frost & SullivanMUMBAI, India - Given the current economic situation, growth of the Indian low voltage (LV) and medium voltage (MV) switchgear markets is expected to comparatively slow down in 2009. By 2010, however, the market is expected to pick up, driven by demand from utilities, infrastructure, and industrial, residential, and commercial user segments. Growth in the Mobile Phone Market and Next-Generation Wireless Technologies Boosts the Indian Wireless Communication Test Equipment Market, Avers Frost & SullivanMUMBAI, India - The Indian wireless communication test equipment market is positioned for good growth with investments in R&D and infrastructure development, bolstered by growth in the mobile phone market and the advent of next-generation wireless technologies. Sri Lanka Network Security Market, yet Untapped - `Telecom’, the Largest Spender in Adoption of Network Security Technologies, BFSI and Government Follow, Reveals Frost & Sullivan StudyCOLOMBO, Sri Lanka - Launched at Frost & Sullivan’s South Asia Enterprise Security Summit 2009 GCC Governments Strive to Bolster the Polyolefins Market, Finds Frost & SullivanDUBAI, U.A.E. - Recently, the Gulf Cooperation Council (GCC) embarked on a capacity-expansion drive in the polyolefins market to realize its ambition of becoming a major global polyolefins production hub. Based on the current planned addition of new capacities, the GCC polyolefins industry is likely to see an avalanche of additional capacity by 2010. With the GCC polyolefins market being a low-growth one with a corresponding low demand, the additional capacities are expected to create a surge in the demand for polyethylene and polypropylene in the GCC. Frost & Sullivan Reveals IT Security Spending Relatively Low in India Compared to Other Fast-Growing Economies in the WorldMUMBAI, India - Frost & Sullivan’s South Asia Enterprise Security Summit 2009 - Annual Executive MindXchange on Enterprise Security Indian Commercial Aviation Suppliers Market to Grow Exponentially Spurred by Low Labor and Manufacturing Costs, Says Frost & SullivanMUMBAI, India - The commercial aviation suppliers market in India is set to grow exponentially at a compound annual growth rate (CAGR) of 16.1 percent from 2007 to 2014. Low manufacturing and labor costs are expected to boost outsourcing to India. Labor costs in India are relatively lower when compared to the western countries. India also enjoys a geographical advantage over other countries that enables it to cater to the demands of countries in South Asia as well as the Middle East. The offset policy of the Government can help India attract significant investment in the sector. Indian Commercial Vehicles Market Boosted by the Growing Demand for Specialized Vehicles, Says Frost & SullivanMUMBAI, India - The commercial vehicles market in India is set to experience significant changes with the hub-and-spoke model of transportation. With the burgeoning road infrastructure development, commercial vehicle sales will be driven by a focus on application-specific commercial vehicles such as medium and heavy commercial vehicles (M&HCVs) for long distance transportation and light commercial vehicles (LCVs), typically the sub-3.5-ton vehicles, for last mile connectivity. The sub-3.5-ton light commercial vehicle segment is poised to capture a significant share of the overall commercial vehicles market and is expected to witness intensifying competition with the entry of more participants. |
