Rising mining and O&G activities to drive e-house market | 6Wresearch
Increasing offshore oil & gas exploration activities, growing mining sector and large scale investments in the expansion of railways network and infrastructure development are the major factors that would drive the market of e-house across the globe. According to 6Wresearch, globally, oil & gas sector has netted major revenue share in the global market and is projected to dominate in the forecast period as well. With rising demand for electricity, connectivity and minerals around the world, respective countries are investing heavily for development of power sector, rail infrastructure and mining industry. Environmental concern has also resulted into heavy flow of investments in renewable energy sector to reduce dependency on conventional power sources, which are expected to drive the E-House market around the world,” it added.