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Semiconductor Market to reach USD 1080.83 Bn with TSMC expected to hold the largest share- Says Stellar Market Research

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PUNE, India, July 31, 2024 /PRNewswire/ — Stellar Market Research has published a report on the Semiconductor Market stating that the market size was USD 558.18 Bn in 2023 and is expected to grow at a CAGR of 9.90 percent through the forecast period, reaching USD 1080.83 Bn by 2030. The global semiconductor industry has been witnessing remarkable growth in recent years, fueled by the increasing demand for consumer electronics and the advent of transformative technologies like artificial intelligence (AI), the Internet of Things (IoT), and machine learning (ML).

Market Size in 2023

USD 558.18 Bn

Market Size in 2030

USD 1080.83 Bn

CAGR

9.90 percent (2024-2030)

Forecast Period

2024-2030

Base Year

2023

Number of Pages

279

No. of Tables

114

No. of Charts and Figures

112

Segment Covered

By Component and Application

Regional Scope

North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage

Market Share, Size & Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get your Sample PDF:https://www.stellarmr.com/report/req_sample/semiconductor-market/2311 

Competitive Landscape

The semiconductor industry is currently facing intense competition and strategic shifts. TSMC (Taiwan Semiconductor Manufacturing Company) continues to hold its lead as the principal foundry globally, thanks to significant investments in advanced process technologies. Samsung and Intel are also making notable progress to challenge TSMC’s dominance by growing their manufacturing capabilities and developing cutting-edge process nodes. The rise of China as a key player in the semiconductor industry, with the rapid growth of domestic fabrications and advancements in chipmaking capabilities, introduces a new dynamic to the competitive landscape. Despite a decline in 2023, the long-term prospects for the semiconductor industry remain positive due to the growing demand for high-performance computing and the widespread adoption of advanced technologies.

Key Highlights

Integrated circuits (ICs) are a crucial component driving the semiconductor market due to their versatility and integration capabilities.India is a major importer of semiconductors, while China is the leading exporter.High production costs and intense competition impact profitability while disruptions in global supply chains due to geopolitical tensions impact semiconductor availability.The highest-revenue semiconductor companies produce a wide range of products, including microprocessors, memory chips, commodity integrated circuits, and complex systems on a chip.

Integrated Circuit Segment Revolutionising Semiconductor Industry

The Integrated Circuit (IC) segment dominates the global semiconductor market, which includes microprocessors, memory chips, and analog ICs. ICs are crucial to modern electronics around the world, driving advancements in computing, telecommunications, and consumer electronics. Major companies like TSMC and Intel have flourished in this sector, capitalizing on the importance of ICs to gain significant market shares and investments. The growth of the IC segment is strengthened by the ongoing digital transformation and the increasing prevalence of artificial intelligence and IoT devices. Although challenges grew in 2023, the forecast for 2024 suggests an overcome fueled by rising demand and strategic investments, especially in emerging markets such as India and Malaysia. These regions are positioning themselves as vital contributors to the semiconductor supply chain, further solidifying the IC segment’s dominance in the global semiconductor market. Continuous innovation and investment in IC technology are crucial for maintaining a competitive advantage and addressing the growing demands.

Request for a Sample Report:https://www.stellarmr.com/report/req_sample/semiconductor-market/2311 

Asia Pacific to Dominate the Semiconductor Market by 2030

Asia Pacific’s dominance in the semiconductor market is highlighted by substantial investments, technological progress, and strategic actions. The region, spearheaded by major players like Taiwan, South Korea, and China, holds more than 60% of worldwide semiconductor sales, with Taiwan Semiconductor Manufacturing Company (TSMC) alone commanding the largest market share in the global foundry market. Malaysia is targeting to attract investments exceeding $100 billion in semiconductors by 2024, showcasing the region’s dedication to enhancing its semiconductor capabilities. Moreover, India’s rise as a semiconductor powerhouse is reinforced by its Semiconductor Mission and notable foreign direct investments, as the government strives to turn the nation into a global center for semiconductor design and manufacturing. The ongoing trade disputes and disruptions in the supply chain have further hastened the localization of semiconductor production within the region. Japan’s progress in semiconductor materials and South Korea’s dominance in memory chips, particularly through companies like Samsung and SK Hynix, further cement the region’s market leadership. Emerging markets are leveraging the increasing demand for semiconductors fueled by advancements in AI, 5G, and automotive technologies. The strategic drive towards innovation and increasing capacity positions Asia Pacific as the epicenter of the global semiconductor industry, ready to shape the future of technology.

Browse Related Reports by Stellar Market Research:  Semiconductor Reports & Consulting

Audio Amplifier IC’s Market size was valued at USD 3.57 Bn. in 2023 and the total Global Audio Amplifier IC’s revenue is expected to grow at a CAGR of 7.5% from 2024 to 2030, reaching nearly USD 5.92 Bn. by 2030.

Semiconductor in Wireless Communication Market size was valued at USD 62 Bn. in 2023 and the total Semiconductor in Wireless Communication Market revenue is expected to grow at a CAGR of 7% from 2024 to 2030, reaching nearly USD 99.56 Bn. by 2030.

Power MOSFET Market size was valued at USD 8.78 Bn. in 2023 and the total Power MOSFET size is expected to grow at a CAGR of 7.18% from 2024 to 2030, reaching nearly USD 14.27 Bn. by 2030.

Semiconductor Lasers Market size was valued at USD 7.26 Bn. in 2023 and the total Semiconductor Lasers size is expected to grow at a CAGR of 12.80% from 2024 to 2030, reaching nearly USD 16.87 Bn. by 2030.

Semiconductor in Healthcare Market size was valued at USD 68.21 Bn. in 2023 and the total Semiconductor in Healthcare Market revenue is expected to grow at a CAGR of 11.41% from 2024 to 2030, reaching nearly USD 145.32 Bn. by 2030.

Semiconductors in Military and Aerospace Market size was valued at USD 22.18 Bn. in 2023 and is expected to reach USD 32.70 Bn. by 2030, at a CAGR of 5.7%.

Power Semiconductor Market size was valued at USD 47.26 Bn. in 2023 and the total Power Semiconductor size is expected to grow at a CAGR of 4.46% from 2024 to 2030, reaching nearly USD 64.16 Bn. by 2030.

Automotive Semiconductor Market size was valued at USD 48.89 Bn. in 2023 and is expected to reach USD 87.67 Bn. by 2030, at a CAGR of 8.7%.

DRAM Market size was valued at USD 93.31 Bn. in 2023 and the total DRAM size is expected to grow at a CAGR of 10.57% from 2024 to 2030, reaching nearly USD 188.54 Bn. by 2030.

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.

Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4,
Pinnacle Memories Fl. No. 3,
Pune, Maharashtra, 411029
sales@stellarmr.com
 +91 9607365656

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Technology

Earth’s pulse monitored: a review highlights remote sensing time series progress

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As urbanization accelerates and environmental dynamics shift, the need for accurate and timely terrestrial monitoring has never been more urgent. A review has introduced a novel approach to remote sensing time series analysis, integrating multi-source data to enable near real-time monitoring. This innovative methodology promises to transform environmental conservation and urban planning by providing unprecedented insights into terrestrial changes and offering a more precise understanding of environmental dynamics.

GUANGZHOU, China, Dec. 22, 2024 /PRNewswire-PRWeb/ — An international team of researchers from South China Normal University, the University of Connecticut, and the Chinese Academy of Sciences has made a significant breakthrough in remote sensing. Their review, published (DOI: 10.34133/remotesensing.0285) in the Journal of Remote Sensing on December 11, 2024, addresses key challenges in remote sensing, such as incomplete data and noise interference. The team’s new time series analysis technique leverages advanced data reconstruction and fusion methods, significantly enhancing the precision and efficiency of remote sensing for monitoring environmental changes.

The research team has developed an advanced time series analysis technique that combines deep learning algorithms with traditional remote sensing methods to integrate data from various remote sensing sources. This innovative approach allows for the extraction of subtle patterns from large, complex datasets, which is crucial for monitoring critical environmental parameters such as land use and vegetation health. Unlike conventional techniques that struggle with incomplete or noisy data, this new methodology offers enhanced accuracy and more reliable insights into terrestrial dynamics, paving the way for more effective environmental monitoring.

Central to the study’s success is the integration of Long Short-Term Memory (LSTM) networks and Generative Adversarial Networks (GANs) to address the challenges posed by missing or noisy data. The LSTM networks capture temporal trends over time, while the GANs generate synthetic data that mimics real-world observations to fill gaps and correct for atmospheric distortions. This dual approach has resulted in a cleaner, more accurate time series dataset, which was validated against independent ground truth measurements. The researchers demonstrated significant improvements in key vegetation indices, such as the Normalized Difference Vegetation Index (NDVI), setting a new benchmark in the field of remote sensing.

Experts in the field have lauded the study’s potential to revolutionize remote sensing applications. They see the method as a transformative tool for enhancing high-resolution monitoring and extending its coverage, particularly in agricultural surveillance, urban planning, and environmental management. “This method represents a crucial advancement in our ability to monitor environmental changes,” says Professor Fu. “As it evolves, it could play a key role in addressing climate change and other global challenges.”

The methodology’s future applications are vast, especially in global environmental monitoring and supporting sustainable development goals. By integrating multi-temporal data from Landsat and Sentinel-2 satellites, the team has created a framework for accurate and continuous terrestrial analysis. As computational power advances and algorithms improve, this technology is expected to become a vital tool for natural resource management, disaster response, and climate change mitigation. In the years to come, it could provide critical data to help policymakers address pressing environmental issues on a global scale.

References

DOI

10.34133/remotesensing.0285

Oiginal Source URL

https://doi.org/10.34133/remotesensing.0285

Funding information

This work was supported by the National Nature Science Foundation of China (grant numbers 42425001 and 42071399).

About Journal of Remote Sensing

The Journal of Remote Sensing, an online-only Open Access journal published in association with AIR-CAS, promotes the theory, science, and technology of remote sensing, as well as interdisciplinary research within earth and information science.

Media Contact

George Hua, Chuanlink Innovations, 1 8656606278, TranSpread1@gmail.com, http://chuanlink-innovations.com/

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SOURCE Journal of Remote Sensing

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ZINZINO AB (PUBL.): ENTERS INTO AGREEMENT TO PROVIDE DIP FINANCING TO ZURVITA INITIATING CHAPTER 11 PROCESS

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GOTHENBURG, Sweden, Dec. 22, 2024 /PRNewswire/ — Zinzino has in a press release dated 20240617 announced that a letter of intent to acquire 100% of the shares in the North American direct selling company Zurvita Inc. “Zurvita or the Company” was signed. Since then, Zinzino has negotiated with the owners of Zurvita Inc. and instead concluded that the purchase of Zurvita’s assets in a Chapter 11 proceeding for the Company is in Zinzino’s best interest.

Zinzino is providing a debtor-in-possession (DIP) financing to Zurvita, which filed for Chapter 11 bankruptcy proceedings on the 20th December 2024. By entering as a financier in Zurvita’s Chapter 11 with loans totaling USD 4.5 million, Zinzino simultaneously makes an offer to acquire the company’s assets via a so-called stalking horse bid. If the bid is accepted, the DIP loan will be converted into part of a debt-settled purchase price, which will be determined after Zurvita has completed the sale process that is subject to higher and better offers in accordance with the applicable terms of Chapter 11. Other bidders have the right to submit bids for Zurvita during the process and if another bid is accepted, Zinzino’s loan will be repaid and certain of its costs associated with the process will be reimbursed. 

Zurvita is a direct selling health company with operations in the United States, Canada and Mexico. The brand portfolio offers a range of innovative health and wellness products. The business has total annual sales of approximately USD 30 million with good gross margins. A potential transaction with Zinzino is expected to add growth through the synergies arising from the joint networks, combined with Zinzino’s test-based product concept. The profitability of the Company will thus be able to develop well by utilizing Zinzino’s existing technical platform and organization.

A visionary mindset, tech first perspective, test-based nutrition at the cellular level and a strong position to capitalize on current trends will form the basis of the new partnership. Following the acquisitions of VMA Life in 2020, Enhanzz in 2022, the strategic partnership with ACN and the recently completed asset acquisition of Xelliss, Zinzino has been looking for further strong investments to maintain its sustainable, profitable growth, strengthen its distribution power, expand into new markets and leverage the product portfolio in new consumer areas.

– “Individualized advice and tailored solutions are the future, and not just in health and wellness,” says Dag Bergheim Pettersen, CEO of Zinzino. “Together, we have years of combined industry experience and everything it takes to drive the modern, personalized shopping experience through direct sales”. Jay Shafer, CEO and co-founder of Zurvita, states “After considering multiple options for the company and under the guidance of our attorneys and third-party advisors, we feel this presents the best opportunity to continue Zurvita’s mission, deliver the highest quality products, and provide continuity for our staff and consultants. We are excited to see what the future holds for Zurvita.” 

For more information:
Dag Bergheim Pettersen CEO Zinzino +47 (0) 932 25 700, www.zinzino.com

Pictures for publication free of charge:
marketing@zinzino.com

Certified Adviser:
Carnegie Investment Bank AB (publ.)

Zinzino AB (publ.) is obliged to publish this information in compliance with current EU regulations governing market abuse. The information was provided by the above contact person for publication at 20.00 on the 21st of December 2024.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/zinzino/r/zinzino-ab–publ–enters-into-agreement-to-provide-dip-financing-to-zurvita-initiating-chapter-11-pr,c4086040

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Meet With Culture: Exquisite Craftsmanship of Traditional Chinese Architecture

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BEIJING, Dec. 22, 2024 /PRNewswire/ — The Temple of Agriculture in Beijing played a significant role during the Ming (1368-1644) and Qing (1644-1911) dynasties. Over nearly 600 years, 25 emperors personally visited or sent ministers to perform spring farming ceremonies and offer sacrifices to Shennong, the god of agriculture.

 

Built in 1420 during the Yongle reign, the temple’s predecessor was the Temple of Mountains and Rivers in Nanjing. When Emperor Zhu Di moved the Ming capital to Beijing, he constructed a larger temple inspired by the Nanjing temple, which gradually evolved into the Temple of Agriculture.

The Taisui Hall, the largest building complex in the temple, now serves as a major exhibition hall of the Beijing Ancient Architecture Museum, showcasing models of classical Chinese buildings and demonstrating the solemnity of royal architecture.

Ancient Chinese architecture is predominantly wooden-structured, chosen for its availability, versatility, and earthquake resistance. Artisans developed sophisticated techniques in material selection and construction. The wooden framework consists of columns, beams, girders, and purlins, with innovative structural forms like lifting-beam and piercing-bracket structures.

A unique architectural element is the dougong (bracket sets), which supports weight and connects beam frames with column walls. Mortise-tenon joints were invented to create elastic frameworks by connecting different components.

While discussing the Temple of Agriculture, it’s worth noting another remarkable example of architectural hierarchy which could be found in the Temple of Heaven. The hierarchy of architectural designs reflected social stratification, with eave structures like the triple-layered eaves of the Hall of Prayer for Good Harvest representing the highest-level architectural design.

Over centuries, the Temple of Agriculture has transformed from an imperial garden to a public park and a museum for historical architecture, now standing as a significant cultural landmark that symbolizes China’s agricultural civilization and architectural heritage along Beijing’s Central Axis.

Quickly join Alexandre to study and explore the traditional Chinese architecture.
https://youtu.be/YpA03WiZ9Wc

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SOURCE China International Communications Group

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