The global performance bank guarantee market is experiencing growth and is expected to expand in the upcoming years, owing to rise in trade finance activities. A performance bank guarantee is a form of guarantee offered by a lending institution to the borrowers. In addition, bank guarantee means that the lending company guarantees that the obligations …
Category Archives: BFSI
Fingerprint Payment Market May See a Big Move and is Estimated to Hit $36.2 Billion by 2031
Major players in the fingerprint payment market have undertaken various strategies to offer the consumers various types of innovative fingerprint payment-based products. In addition, these players are collaborating and partnering with other players to further expand their services in a global level. For instance, on September 2021, Imageware, a leader in biometric identification and authentication, announced a …
Frozen Bakery Products Market Share, Size, Analysis, Growth, Industry Statistics and Forecast 2025
The global frozen bakery products market is segmented into product type, source, end use, distribution channel, and region. Based on product type, the market is divided into breads, pizza crust, cakes and pastries, waffles, donuts, and cookies. The bread segment accounts for the highest market share attributable to increase in consumption of frozen breads in …
Emerging Trends and Growth Opportunities in the Ballistic Protection Market
According to a new report published by Allied Market Research, titled, “Ballistic Protection Market,” The ballistic protection market was valued at $14 billion in 2021, and is estimated to reach $26.1 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/9418 At present, army engineers and market scientists …
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Flywheel Bolt Market Post-COVID Business Recovery: Realizing New Opportunities
Flywheel bolt is a mechanical device that stores kinetic energy and enables smooth power variations at the time of screwing. These substantial stainless-steel bolts take ample amount of power to turn around due to high tensile strength and optimum quality. The flywheel bolt has an extensive measurement with spokes alongside a heavyweight edge joined to …
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Airline Ancillary Market Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
The airline ancillary market comprises ancillary revenue, which is the revenue generated from non-ticket sources, such as baggage fees, on-board food, and services. Various services generating revenue include baggage handling or seat selection, car wash services sold by gas stations, concessions at sporting events, and restaurant revenue received by hotel owners. This can also be …
Timing Belt Market Business Strategies, Technological Innovation, Trends & Top Players by 2030
Timing belt, also referred to as timing chain or cambelt, is a fragment of an internal combustion engine. Timing belt primarily synchronizes the rotation of the camshaft and crankshaft to make sure the engine valves are opened and closed at specific times throughout each cylinder’s intake as well as exhaust strokes. It is a toothed …
Virtual Reality in BFSI Market Comprehensive Evaluation of the Market via in-Depth Qualitative Insights by 2031
According to a new report published by Allied Market Research, titled, “Virtual Reality in BFSI Market,” The virtual reality in bfsi market was valued at $418.68 million in 2021, and is estimated to reach $3.7 billion by 2031, growing at a CAGR of 24.8% from 2022 to 2031. Download Free Sample Report: https://www.alliedmarketresearch.com/request-sample/15328 Virtual reality helps …
Automotive Headlight Bulb Market-Will Dominate In Coming Years?
The automotive headlight bulb is attached to the front of the vehicle with a purpose to illuminate the road ahead and provide better visibility while riding at night or in bad weather conditions. Moreover, the automotive headlight bulb plays a vital role in road safety. Modern headlamps are electrically operated and provide a low and …
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Automatic Number Plate Recognition System Market Recent Advancements and Future Challenges
Automatic number plate recognition (ANPR) system is one of the advanced technologies which reads the vehicle registration number using optical character recognition. Since, modern vehicles require data for strong tracking, the importance of automatic number plate recognition system is immense in modern vehicles. It utilizes existing closed-circuit television, road rule enforcement cameras for its functioning. …