SFWA Market Report For September

Welcome to the September issue of SFWA Market Report. Even though markets are included in the report below, it does not mean official approval by SFWA.

September 24, 2016 - Navi Mumbai, India: Market Report of India provides the latest report on the "Indian Elevator Market Report", the promotion of infrastructure in the Indian government, the acceleration of urbanization, the increase in the number of skyscrapers Announced. Toward Strong Growth In 2012, the world's elevators and escalators markets are valued at US $ 86 billion and are expected to grow steadily due to strong demand in Asia. Due to the investment of Asian countries in infrastructure, especially in public transportation and airports, demand for new elevators and escalator facilities is rising. China is the world's largest elevator producer and consumer country. In 2013, the country has the largest share of new elevators and escalator facilities, accounting for 67% of the world's facilities. Demand in this area is expected to grow rapidly in 2017

In September 2017, when China announced the prohibition of ICO (Initial Coin Item), the encryption currency market was shaken. The tokens used in ICO and ICO are considered illegal, and according to the People's Bank of China's People's Bank report, about 90% of ICOs are used for illegal or unlawful financing. After this statement, encryption currency transactions are prohibited and online platforms and applications servicing in crypto currency transactions are limited. But, especially in China, you should not mistake China unless you support the technological progress of block chain technology. The strict restrictions imposed by the Chinese government is to protect citizens from fraud and fraud which has become popular in the global cryptographic currency market since its inception. In January 2018, Ernst & Young reported that more than 10% of $ 3.7 billion collected by ICO was stolen.