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Showing posts with the label Semiconductor and electronic

Photonic IC Market is Anticipated to Witness High Growth Owing to Rising Demand for Cloud Computing and Data Centers

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Photonic IC Market  The photonic IC market comprises optical components such as light sources, amplifiers, modulators, detectors, attenuators, multiplexers and demultiplexers that are integrated onto a single chip using CMOS processing. These integrated photonic chips offer benefits such as reduced size, weight and cost of deployment as compared to conventional optical networking systems. The increasing demand for high bandwidth data transmission in data centers and rising popularity of cloud computing is propelling the need for faster connectivity and networking solutions. Photonic ICs address this need by providing enhanced data transmission rates and capacities using light as the medium for communication. With data consumption patterns soaring globally, data centers are scaling up their infrastructures requiring advanced networking components like photonic ICs. Hence, the photonic ICs market is expected to grow substantially over the forecast period. The Global photonic IC Mar...

Video Borescopes Market Poised for High Growth Owing to Increasing Adoption in Industrial Inspection and Maintenance

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  Video Borescopes Market The video borescopes market comprises products such as videoscopes, fiberscopes and microcameras that are inserted into small holes, crevices or openings to examine otherwise inaccessible areas. Video borescopes provide visual access and allow inspecting hard-to-reach areas in jet engines, gas turbines, nuclear reactors, aircraft structures and other industrial machinery. They help detect cracks, corrosion, buildup and other anomalies with high resolution imagery and play a vital role in non-destructive testing and condition monitoring of critical assets and components. Rapidly growing aging infrastructure and assets across industries is driving the need for frequent inspection and predictive maintenance, fueling demand for advanced inspection technologies like video borescopes. The Global video borescopes market is estimated to be valued at US$ 938.54 Mn in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period 2024 to 2031. Key Tak...