Electric Rickshaws Apart from Being Environment Friendly Provides Employment Opportunities

Talking about the emergence of e-rickshaws in India, they first hurled on the Indian roads, over a decade ago in 2011. Since then, there has only been an increase in the number of e-rickshaws on Indian roads. 

The popularity of these vehicles has increased immensely all over India, thanks to their ability to carry 4-5 passengers comfortably over a short distance, rather economically, and the most notable factor is that, all this is done without any emissions.

 With no costly or emitting fuels used and these rickshaws being powered by electricity, they in a way are much more economical then the CNG powered auto-rickshaws.

In cities like Delhi, these have emerged as a livelihood source for people, and a sustainable and economical commute for commuters.

 With all the factors like being economical, contributing no pollution, easy and comfortable ride, and also providing an earning potential, the present of e-rickshaws looks rather secure.

 With present looking secure, let’s find out something about the future of these modes of communication in India.

Though, with the expansion of battery swapping networks, it is becoming more and more possible for e-rickshaw drivers to drive to the nearest swapping station, get the exhausted battery replaced with a charged one, and get back on track without wasting too much time, and losing the opportunities to earn. 

The Union government is soon going to announce a National Battery Swapping Policy, giving more and more weightage to the adoption of not only these battery- driven rickshaws but the entire fleet of electric vehicles across the nation. 

Taking all these factors into consideration, and the increasing concerns raised by environmental organizations around the world regarding the problem of emissions, and all the countries trying to mitigate it at their level, it is only fair to say that the future of e-rickshaws in India looks a promising prospect to say the least.

We are not saying this vaguely or without any base, as per the current market scenario and dynamics, with a growth rate of 6.6%, the total demand for e-rickshaws in India will reach a value of USD 456.2 million by the end of this decade. 

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Buying a Used Car can be a Good Deal

Buying a car always makes sense, but it is not always a brand-new car, that makes sense. This statement might spring a surprise to many, but it is a fact that a used car comes with its own perks. This blog will focus on some of the pekes, offered by used cars.

Come, let us have a look at them

Save Money Along with Upgrading your Car

If you want to upgrade to a luxury car, and your budget is stopping you from going forward, then you can give a nod to buying a used car. This way, you can buy a luxury car or any car of your choice, and that too at a considerably lower price than that of a brand-new car. So, it can be said that, by going for a used car, you can save money as well as upgrade your car and rule the roads.

 Indulge in Tension-Free Driving

If you are still a rookie on the driver’s seat or go on long trips often, then you may not be that inclined to try your hands at a new car. It is very obvious to be doubtful about taking it out on the roads tension free. But, with a used car, there is no such tension. You can go driving through uneven and rough terrains without the tension of getting dents and scratches on the car.

 Get Used Cars with Warranty

The market of used car s is growing all around the globe, and the total demand will reach USD 2,980.2 billion by the end of this decade. With so much inclination toward buying used cars, most of the dealers have entered the segment of used cars. 

If you are in any sort of a doubt that, whether you will get a genuine and certified used car or not, don’t bear any sort of doubt. There are authorized car dealers, who will ensure that you get the best car and that too with a warranty.

 Less Depreciation More Saving

Every car goes through depreciation from the day, it is bought. A new car loses most of the value in the initial 3-4 years It might surprise you that a used car undergoes less depreciation than a brand-new car. This is because, it is bought, when most of the depreciation is already happened. It has a direct implication that, with less depreciation, your will be able to save more with a used car.

Pay Less Insurance Premium

Insurance is to be done at the time of purchasing a car. It is a no-brainer that the insurance of a used car will cost you much lesser than a brand-new car. It will be because the insurance amount is calculated according to the value of the car. And, since the car is new, and no depreciation has happened yet, the insurance premium will be high.

It is because of the increasing prices of new cars, that the demand for used cars is rising considerably all over the world.

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What Are the applications of Liquid-Crystal Polymers?

A liquid crystal polymer is a material that holds molecular order in both solid and liquid states. Exactly, the change from order to disorder all through the melting of an LCP arises well above the temperature at which it drops its completely crystallized structure.

This efficiently means that the material has two different melting points or, more precisely, two-phase changes. The primary phase alteration takes it from solid to liquid crystal and the next from melted crystal to full liquid. The stage between liquid and crystal is stated to as the mesophase and the exact molecules that can create a mesophase are called mesogens. LCPs can be segmented into two key categories, known as thermotropic systems and thermotropic systems.

The Liquid Crystal Polymer Market is experiencing growth and is projected to reach USD 2,360 million by 2030.

Thermotropic 

Liquid crystal polymers – are thermoplastic resins that show exclusive characteristics. Such materials have several exceptional and necessary traits such as heat tolerance for autoclaving, chemical inertness, and exceptional mechanical strength. Therefore, such materials have found function in numerous high-performance applications from electronic, automotive, food containers, and medical devices.

Lyotropic Liquid Crystals

Lyotropic liquid crystals are created in mixtures of solvents and amphiphiles, for instance, detergents and water. Thus, these stages are thermodynamically constant at distinct pressures, concentrations, and temperatures. Like thermotropic, a range of structurally distinct alterations occurs, which are collectively called lyotropic liquid crystals.

What Are the applications of Liquid-Crystal Polymers?

Liquid crystal polymers have an extensive variety of potential utilization thanks to their excellent physical characteristics. Some examples are shown below.

• Electrical connectors: Liquid crystal polymers plastic can be utilized to create conductive electrical connectors. They work to remove static build-ups and discharges that would else make noise interference in electrical motions.

• Vascular catheter reinforcement braiding: Vascular catheters with liquid crystal polymers and plastic braid can be vital for patients experiencing MRI scans. Catheters with metallic braiding would interrelate with the magnetic field produced by the equipment.

• Surgical instruments: Surgical types of equipment are disinfected after use through radiation. Liquid crystal polymers are perfect for this as they can endure radiation without breaking down.

• Cookware coatings - cooking utensils with non-stick surfaces are essential to endure the high-temperature atmosphere of the stove also the corrosive impacts of dishwashers and acidic foods. Liquid crystal polymers can endure temperatures equal to 280℃ and the coating is not damaged by dishwasher machines.

Advantages of Liquid Crystal Polymers

• Self-reinforcing: Liquid crystal polymer resin molecular chains recollect their order when injection molded or squeeze out. Once air-conditioned, such chains enhance directional strength to the final chunks.

• Temperature resistant: Liquid crystal polymers have tremendously high working temperatures with some being capable to work up to 340℃ for a short period.

• Flame resistant: Liquid crystal polymers are characteristically fired resilient.

• Chemical resistance: Liquid crystal polymers are resilient to an extensive variety of chemicals.

Hence, the main drivers of the liquid crystal polymer industry such as the growing requirement for consumer electronic items, the growing sales of lightweight vehicles, and its outstanding mechanical strength.

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Patient Engagement Solutions Market To Generate USD 37,267.1 Million by 2030

Patients, doctors, and other healthcare professionals collaborate to improve results through a technique called patient engagement. Patients get access to the most recent information on their health reports, doses, and medicines. Using this program, both the patient and the consultant may administer the required therapies and control their own healthcare.

Patient engagement strategies provide a number of benefits, including more patient outreach, decreased problems, lower hospital readmission rates, shorter hospital stays, and improved healthcare quality.

By 2030, the market for patient engagement solutions is predicted to be worth USD 37,267.1 million, as per P&S Intelligence. The expansion can be largely attributed to the rise in chronic illness prevalence and the rising demand for sophisticated medications.

Growing Interest in Wearable Medical Technology

Wearable healthcare gadgets have gained popularity in recent years, and customers increasingly frequently use them to monitor their health and other vital indications including body mass index, blood pressure, and blood sugar.

The widespread use of technology by healthcare practitioners and patients has made it possible to gather data as well as assess its clinical utility.

The use of cutting-edge technology enables tailored diagnosis, remote monitoring of people's health, as well as proactive and preventative approaches to illness treatment.

Wearable technology makes it simple to get tailored health information for behavioral change programs and self-diagnosis. This reduces the number of hospital visits, which lowers total spending.

Further, the market is expanding due to technology developments in patient-centric wearables with applications, notably in biosensing wearables. Smartwatches, garments with integrated sensors, badges with sociometric data, and headbands are a few of the wearables that are often utilized.

As a result, the industry for patient engagement solutions is growing internationally due to the rising demand for wearable technology.

Due to the quick uptake of this software by healthcare institutions to streamline complicated health data and personalize it in accordance with needs, the software category held the greatest share in the sector in 2022, accounting for around 60% of total revenue.

Additionally, it enhances appointment scheduling, data exchange, and real-time monitoring. The advantages of integrated software, including greater patient-provider communication, increased interoperability, and higher coding accuracy, has resulted in its widespread use in healthcare institutions in recent years.

Similarly to this, the service sector is expanding quickly as a result of services' ability to enhance health outcomes by optimizing and using patient engagement solutions in accordance with customer needs.

Patient Engagement Solutions Are Increasingly Popular in North America

Because of its established hospital infrastructure, escalating count of HIT solution providers, and rising frequency of chronic illnesses, the North American market retains the highest share, at more than 40%.

The region's market is primarily driven by the region's expanding elderly population, expanding healthcare spending, and improving healthcare infrastructure.

The healthcare system in the U.S. is more complicated, with a substantial amount of documentation and a number of procedures for the commercialization of devices and treatments. Individuals' data are handled manually for all healthcare activities, which results in errors and delays.

As a result, the nation's healthcare providers are quickly embracing these technologies to enable effective patient and hospital data management.

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mHealth Market To Reach USD 154,115 Million by 2030

 The total revenue of the mHealth market was USD 59,640 million in 2022, which will grow at a rate of 12.60% in the years to come, to touch a value of USD 154,115 million by 2030.

Connected devices had the largest share of revenue, of about 48% in the recent past, and it will consolidate its position in the future. 

This has a lot to do with the growing use of internet, increasing usage of tablets and smartphones, mounting need for enhanced patient care, increasing demand for a lower cost of care, and robust emphasis on real-time management of diseases.

Healthcare apps had the larger revenue share, and this trend will continue in the years to come as well. This is because of the increasing cases of chronic diseases amongst the elderly population, increasing preference for suitable health solutions, and high internet penetration along with the usage of smartphones.

Service apps also generated a considerable revenue in the past. This is credited to the growing requirement for online consultation, healthcare surveillance, remote monitoring, and emergency response; increasing count of outpatient settings, growing requirement for frequently tracking the health of patients, and increasing number of initiatives by the government to spread consciousness about overall health.

Mobile operators dominated the mHealth market with a share of 51%, in 2022, and they will maintain their dominance by the end of this decade as well. This is owing to the increase in the subscriber count, incessant development in the network infra, rise in the acceptance of the 4G and 5G, and increase in the number of industry consolidation activities.

The growing use of smartphones and tablets in various developed and developing countries is a main factor powering the growth of the industry. Mobile users are quickly switching to smartphones because of the obtainability of reasonably priced 3G and 4G spectra. 

This increasing use of smartphones, together with the increasing awareness of the numerous advantages of these services and devices, such as preventive care, will power the requirement for them. 

North America had the largest revenue share of about 38% in the past, and it will continue its dominance in the future, as per a report published by P&S Intelligence.

It is because of the increasing healthcare spending, rising number of cases of chronic ailments, growing elderly population, and sophisticated network infra.

Apart from this, the increasing burden of cardiovascular diseases, and increasing number of in-house patients boost the growth of the industry.

It is because of the increasing use of internet and smartphone, the demand for mHealth services will continue to rise in the future as well.

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Polyolefin Market To Grow Fastest in APAC

The revenue of the polyolefin market was USD 281.2 billion in 2022, and growing at a rate of 4.8% in the years to come, it will reach USD 410.4 billion by 2030.

Moreover, the development of the e-commerce industry will open up a lot of retailing prospects. Consequently, the consumption of these materials will be driven by the growing sales to packaging corporations and the positive outlook of the retail sector.

Owing to its impact resistance, resistance to corrosion, ease of cleaning, and product adaptableness, in the recent past, polyethylene held a substantial share, of about 20%. Because polyethylene packaging does not let water vapor to flow through, it might protect readily polluted items from contamination from microbes.

Moreover, the injection molding application will grow significantly, as a result of the high stability of the materials, high sturdiness when exposed to the elements, high energy competence, recyclability, reasonable price, and low polyolefins weight. 

These injected-molded plastics is used in various industries, including medical & pharma, building & construction, food & beverage, and automotive.

APAC has the largest share, and it will grow at over 5% in the years to come. With the growing population, industries, and packaging requirements, sales of these materials will grow faster in the region than in others. 

Basically, the increasing consumption of these polymers in India and China, because of the presence of several manufacturing centers, is accountable for this development.

It is because of the surging requirement for the material in the commodity and renewal energy generation, the demand for polyolefin will increase even further in the years to come.

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East Africa SOC as a Service Market Will Reach $131.5 Million by 2030

The global East Africa SOC as a service market was valued at $67.8 million in 2022, and this number is expected to reach $131.5 million by 2030, advancing at a CAGR of 8.3% during 2022–2030, as per P&S Intelligence.

This can be ascribed to the need for digital transaction management, growing government support, snowballing safety concerns throughout organizations, and mounting acceptance of enhanced technologies in emerging economies, including Uganda, Kenya, Rwanda, Burundi, and Tanzania.

The large enterprises category is projected to generate the higher revenue, of $114.8 million, by 2030. Furthermore, large enterprises have numerous processes; therefore, they are always applying new and advanced technologies to prevent, detect, and safety from any kind of cyberattack.

In 2022, the BFSI industry is the biggest end user in the east African SOC as a service market, since it can be considered the most fascinating market for cybercriminals due to its nature of business. Normally, a worker of a financial service association gets access to approximately 11 million documents on the day of joining. This count increases to 20 million documents for employees working in large companies.

Moreover, over 70% of the cyberattacks are aimed at the financial sector. For instance, more than 30 billion accounts are estimated to be ruptured by 2030. The administrations functioning in the sector are largely prone to cyberattacks, which suffer the price of approximately $6 million per data breach.

In 2022, the Kenyan market generated $29.4 million, which is expected to rise to $59.1 million by 2030 growing at a CAGR of 8.8%. this can be credited to the increasing acceptance of SOC as a service in the healthcare, telecom, BFSI, IT, and retail industries, and helpful data protection rules and guidelines, including The Data Protection Act 2019, in the nation. 

In corporate processes, log management is commonly utilized to handle information from a source. Characteristically, it deals with log messages produced by systems, like audit records, audit trails, and event logs, among others, to offer more appropriate results, it commonly gets and classifies the data.

Hence, the need for digital transaction management, growing government support, snowballing safety concerns throughout organizations, and mounting acceptance of enhanced technologies in emerging economies, are the major factors driving market growth. 

In the past few years, cybersecurity has become vital for industries to protect their digital possessions from increasing cyber-attacks. Some of the most popular cyber hazards are phishing assaults, spear phishing, malware, ransomware, browser gateway frauds, vishing, whaling, DDoS, and ransomware.

Moreover, cyber attackers aim, at networks, data, endpoints, and other IT infrastructure which costs businesses, governments, and individuals a considerable amount of money.

Furthermore, cyber jeopardizes damage to companies’ important information and crucial IT infrastructure. which reduces their efficiency. Because of the rapid expansion of digital transactions throughout industries, cyber crimes are happening more commonly.

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