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Showing posts with the label Semiconductors

Distributed Fiber Optic Sensor Market is Projected to Experience Significant Growth due to Rising Demand for Temperature Monitoring

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  The distributed fiber optic sensor market mainly consists of distributed temperature sensing (DTS), distributed strain sensing (DSS) and distributed acoustic sensing (DAS) solutions, which offer accurate thermal profile and structural integrity monitoring of pipelines, perimeters and large infrastructure assets, enabling early detection of leaks, trespassers and operational issues. Growing needs for monitoring oil/gas pipelines, power cable outages and security breaches across industries such as oil & gas, power & utility and civil engineering have been driving the demand for distributed fiber optic sensors. The Global distributed fiber optic sensor market is estimated to be valued at US$ 3729.34 Bn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period from 2024 to 2030. Key Takeaways Key players operating in the Global Distributed Fiber Optic Sensor Market Size are Jenoptik AG, Han's Laser Technology Co. Ltd., Newport Corporation, nLIGHT Inc.,...

The global Industrial Automation and Control Systems Market Growth Accelerated by Adoption of Sustainable and Energy Efficient Solutions

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  Industrial automation and control systems are used for managing, controlling and operating various processes in industries through monitoring, regulating and controlling electromechanical processes. These systems help in improving operational efficiency, monitoring and controlling industrial processes remotely with minimum human efforts. The global Industrial Automation and Control Systems Market is estimated to be valued at US$ 201.06 Mn in 2024 and is expected to exhibit a CAGR of 5.4% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Adoption of sustainable and energy efficient solutions is one of the key trends driving growth of the Global Industrial Automation And Control Systems Market Size . Governments across the globe are encouraging industries to adopt energy efficient automation solutions to reduce carbon footprint as well as optimize energy consumption. Automation systems integrated with IoT ...

Smart Home Automation is fastest growing segment fueling the growth of Photodiode Sensors Market

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Market Overview: Photodiode sensors are electronic devices that convert incident light into electric current. They have advantages of high sensitivity and fast response time. Photodiode sensors are widely used in applications such as smart home automation, optical communication systems, barcode readers, position sensing devices, and industrial inspection systems. The global Photodiode Sensors Market is estimated to be valued at US$ 838.12 Mn in 2023 and is expected to exhibit a CAGR of 7.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends in the photodiode sensors market is the growing demand for compact and high-performance position sensing devices. Photodiode sensors are increasingly being used in applications such as optical encoders, interrupter sensors, and motion detectors where compact size and precise position sensing capabilities are required. The increasing penetratio...

Gallium Nitride is Fastest Growing Segment Fueling the Growth of Gan Semiconductor Market

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  Gan semiconductor devices are increasingly being used in high power and high-frequency applications due to their wide band gap and ability to operate at high temperature and voltage. They are replacing silicon and gallium arsenide semiconductors in applications such as RF power amplifiers, light emitting diodes, and others owing to the aforementioned advantages. The global Gan Semiconductor Market is estimated to be valued at US$ 3.36 Billion in 2023 and is expected to exhibit a CAGR of 26% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the major trend in the Gan semiconductor market is the growing adoption of gallium nitride in 5G infrastructure. Gallium nitride based RF devices enable faster connectivity and improved signal quality required for 5G networks. Gan semiconductor enables higher power densities, which is a key requirement for 5G systems. The adoption of 5G will drive demand for...

Artificial Intelligence is the fastest growing segment fueling the growth of the global Solar Simulator market

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  The global Solar Simulator Market is estimated to be valued at US$ 408.4 Mn in 2023 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: A solar simulator is a device that simulates the spectral distribution and irradiance characteristics of natural sunlight for photovoltaic cell, solar thermal collector and materials testing under controlled indoor conditions. It provides capabilities to test solar modules and other devices to measure their performance under different environment mimicking sunlight. Market key trends: One of the key trends in the global solar simulator market is adoption of artificial intelligence. Researchers have found ways to incorporate AI and machine learning capabilities to solar simulators. This enables advanced capabilities like predictive failure analysis of solar panels, optimizing performance under varied weather conditions etc. ...

The System on a Chip (SoC) Market is Estimated To Witness High Growth Owing To Trends in Increased Processing Power Requirements

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  The System on a Chip (SoC) Market is estimated to be valued at US$164.45 Bn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. A system on a chip or SoC is an integrated circuit that integrates all components of a computer or other electronic system. It may contain digital, analog, mixed-signal, and often radio-frequency functions—all on a single chip substrate. Market Overview: A system on a chip integrates several components of an electronic system into a single chip. It is used in devices like smartphones, laptops, tablets and other consumer electronics. SoCs combine many components of a computer or other electronic systems into a single integrated circuit so they consume less power, take up less area and are less costly. They are very integral in consumer electronic devices which require high processing power in a small form factor. Market key trends: One of th...

The IGBT and Super Junction MOSFET Market is estimated to witness high growth owing to increasing adoption of power electronic devices in electric vehicles

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  The IGBT and Super Junction MOSFET Market is estimated to be valued at US$ 16178.23 Mn in 2023 and is expected to exhibit a CAGR of 12.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: IGBTs and Super Junction MOSFETs are power electronic devices that are widely used for switching and controling high power in various industrial and commercial applications due to their high efficiency and smaller size compared to other power semiconductor devices such as BJTs and MOSFETs. They are commonly used in inverters, converters, motor drives, high-frequency switching power supplies, and other power electronic applications. Market key trends: One of the major trends driving the growth of the IGBT and Super Junction MOSFET Market Size is increasing adoption of electric vehicles. IGBTs and Super Junction MOSFETs are widely used in electric vehicle powertrain systems such as motor drives, onboard chargers, ...

Optical Transceiver Market Is Estimated To Witness High Growth Owing To Increasing Demand for High-Speed Data Transmission

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  The global Optical Transceiver Market is estimated to be valued at US$10.05 Billion in 2022 and is expected to exhibit a CAGR of 12.2% over the forecast period from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Optical Transceiver Market involves the production and sale of devices that transmit and receive optical signals in communication networks. These transceiver modules play a crucial role in data transmission and are used in a wide range of applications, including telecommunications, data centers, and enterprise networks. The main advantage of optical transceivers is their ability to transmit large amounts of data at high speeds over long distances. With the increasing demand for high-speed data transmission and the adoption of advanced network infrastructures, the market for optical transceivers is expected to witness significant growth in the coming years. Market Key Trends: One key trend in the Optical Tr...