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Showing posts from August, 2023

Trade Finance Market – Technologies such as blockchain, artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT) are being applied increasingly in trade finance.

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Trade finance is the financing of international trade rows, acting as an intermediary between importers and exporters to mitigate the risks involved in transactions and enhance working capital efficiency in businesses. It deals with activities related to financing of domestic and international trade. The trade finance includes issuing letters of credit (LCs), receivables and invoice finance, credit agency, export finance, bank guarantees, insurance, and others. The  Trade Finance  accounted for US$ 42637.89 million in 2020 and is estimated to be US$ 64177.23 million by 2030 and is anticipated to register a CAGR of 4.2%. The report  " Global Trade Finance Market, By Product Type (Guarantees, Letter of Credit, Documentary Collection, Supply Chain Finance, and Others), By Services Providers (Banks, and Trade Finance Houses), By Application (Energy, Finance, Transport, Power Generation, Healthcare, Metals and Non Metallic Minerals, Renewables, and Others) ,   and By Region (North Amer

Smart Helmet Market is estimated to be US$ 1926.0 million by 2032; Rising Incidence of Accidental Cases to Foster the Industrial Growth

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Smart Helmet is protective headgear used by riders to provide safety, which makes them safer than before. In smart helmets, technology such as a single-board microcontroller (Arduino) with various sensors for detecting motorcyclist’s heartbeats and alcohol is used. Smart helmets have evolved into an intelligent and dependable wearable device that contributes to the safety of drivers and construction workers by detecting accidents immediately and supporting rescue requests in emergency situations. Rising awareness about safe driving among people has become a major factor in smart helmet market growth. Advanced features of smart helmet such as accident identification, alcohol detection, fall detection, location tracking, and a high level of safety are expected to boost market growth over the forecast period. The report  “ Smart Helmet Market, By Type (Half-Face, Full-Face, Hard-Hat), By Component (Camera, Navigation, Communication, and Others), By End-Users (Healthcare, Industrial, Const