archive6Wresearch

Surging Defense Spending, need to tighten border security and introduction of 100 percent FDI in Defense sector would spur India’s night vision device market, predicts 6Wresearch. Rising terrorist activities, border intrusion from Northern, Western and Eastern borders, civil unrest, increasing defense spending and growing localization of defense equipment have led for the growth of Night Vision Devices (NVDs) in India, the research states. After the introduction of the Government’s “Make in India” campaign in 2014, the defense sector witnessed entry of various international players. According to 6Wresearch, India Night Vision Device...

Though Li-Fi is an emerging technology, which is yet to be commercialized globally, but is anticipated to record exponential growth over the coming years. At present, Li-Fi market is still in the nascent stage and is confined to limited applications. Many companies, R&D institutes and education institutes have invested in this space to make the technology a global success. According to 6Wresearch, Global Li-Fi (Light Fidelity) Market is projected to grow at a CAGR of 115 percent during 2016-22. Need for faster data transfer, growing LED lighting market, rising number...