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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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Linkedin | Twitter | Facebook | Instagram |

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Technology

Tucker Medical selects GE HealthCare MRI technology to advance personalized preventive care in Singapore

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Collaboration will explore clinical education, knowledge exchange and imaging excellence across Southeast Asia

Tucker Medical has installed a SIGNA™ 1.5T magnetic resonance imaging system at its Novena Specialist Center in Singapore to support its personalized, risk-informed approach to assessment and screening.Through a memorandum of understanding, Tucker Medical and GE HealthCare intend to explore clinical education, knowledge exchange, research support and opportunities to advance imaging practices across Southeast Asia.

SINGAPORE, Sept. 3, 2026 /PRNewswire/ — GE HealthCare (Nasdaq: GEHC) and Tucker Medical today announced a new relationship centered on advanced magnetic resonance imaging and a shared interest in supporting personalized, preventive healthcare. Tucker Medical has installed a GE HealthCare SIGNA™ 1.5T magnetic resonance imaging (MRI) system at its Novena Specialist Center in Singapore, adding advanced imaging capabilities to its precision prevention model.

Founded by medical oncologist Dr. Steven Tucker, Tucker Medical applies its “ASAP” (Assessment, Screening And Prevention) framework to personalize care based on individual risk, including genetics, family and personal history, prior cancer treatment, and metabolic and cardiovascular factors. Particular focus includes hereditary cancer risk, adult survivors of childhood cancer, long-term cancer survivors, and others requiring individualized long-term surveillance.

The installed system includes GE HealthCare’s AIR™ Recon DL deep-learning image reconstruction technology, Sonic DL™ for accelerated MRI acquisition, AIR™ Coil technology and Digital Expert capabilities. These technologies are designed to support high-quality imaging, workflow efficiency and the patient experience across MRI examinations.

“At Tucker Medical, we believe prevention becomes more meaningful when it is informed by a deeper understanding of each individual’s risk and health trajectory,” said Dr. Steven Tucker, Founder and Medical Director, Tucker Medical. “This applies both to individuals with increased risk who have never had cancer and cancer survivors whose disease and prior treatment may create health risks that persist for decades. Imaging is an important part of that picture. The addition of MRI allows us to further integrate imaging into our broader assessment, screening and longitudinal surveillance approach and to continue developing our model of personalized preventive care in Singapore and across the region.”

“Healthcare is increasingly moving toward more personalized approaches that bring together clinical information across the patient journey, and imaging has an important role to play in supporting that shift,” said Dede Yan, Zone General Manager, SEA6 (Singapore, Malaysia, Cambodia, Myanmar, Brunei, Laos), GE HealthCare. “We are pleased to support Tucker Medical as it expands its imaging capabilities and to explore opportunities to share knowledge, strengthen clinical education and help advance imaging practices across Southeast Asia.”

Through a memorandum of understanding, GE HealthCare and Tucker Medical are establishing a framework to explore clinical education, knowledge exchange, research support and imaging excellence.

The organizations also intend to explore establishing Tucker Medical as a regional immersion training centre. The initiative could provide healthcare professionals with opportunities to experience MRI technologies in a clinical setting through activities such as workflow demonstrations, case reviews, clinical observations and peer-to-peer education.

In addition, the organizations plan to explore opportunities to gather product feedback and clinical insights and to support future educational activities, professional forums and knowledge-sharing initiatives in medical imaging and oncology.

About GE HealthCare Technologies Inc.

GE HealthCare is a leading global healthcare solutions provider of advanced medical technology, pharmaceutical diagnostics, and AI, cloud and software solutions that help clinicians tackle the world’s most complex diseases. Serving patients and providers for 130 years, GE HealthCare is delivering bold innovations designed for the next era of medicine across its Advanced Imaging Solutions, Patient Care Solutions, and Pharmaceutical Diagnostics segments to help clinicians deliver more personalized, precise patient care. We are a $20.6 billion business with approximately 54,000 colleagues working to create a world where healthcare has no limits.

GE HealthCare is proud to be among 2026 Fortune World’s Most Admired Companies™.

Follow us on LinkedIn, FacebookInstagram, or visit our website for our latest news and perspectives

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SOURCE GE HealthCare

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Technology

Minor Hotels partners with Checkout.com to power high-performance payments across global hospitality

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Checkout.com will support Minor Hotels’ global expansion through its global acquiring network, powering high performance payments across international marketsAI-powered payment optimization will help Minor Hotels improve acceptance rates and deliver more seamless, secure checkout experiences for guestsA global payments partner with local acquiring and expertise will help simplify operations and reduce lost revenue from failed payments

SINGAPORE, Sept. 3, 2026 /PRNewswire/ — Checkout.com, a leading global digital payments company, today announced its partnership with Minor Hotels, a global hospitality group with more than 640 hotels across 67 countries.

Minor Hotels operates a diverse portfolio of hotels and resorts, alongside food and beverage businesses and luxury transportation services. As the group continues to expand across markets, it is consolidating its payments infrastructure to create a consistent foundation for growth and ensure high quality digital payment experiences for guests.

Through the partnership, Checkout.com will provide global acquiring and payment optimization capabilities for Minor Hotels’ resort properties across multiple markets worldwide. Minor Hotels selected Checkout.com for its global reach and local expertise, and its ability to deliver payment performance across multiple international markets while adapting to local requirements. Checkout.com’s domestic acquiring capabilities improve authorization rates and reduce processing costs through local transaction routing. Where possible, like-for-like settlement in local currencies reduce unnecessary foreign exchange conversions and simplify treasury and reconciliation as Minor Hotels scales.

The partnership will also bring together Checkout.com’s Intelligent Acceptance and Dynamic 3DS Authentication capabilities. Intelligent Acceptance is Checkout.com’s AI-driven optimization engine that enhances the performance of every transaction and is powered by global network intelligence. It maximizes first-attempt approvals and reduces failed transactions, helping to drive revenue across complex cross-border and multi-currency payment flows. Dynamic application of 3DS authentication is based on issuer preferences and local regulatory requirements, reducing unnecessary friction for guests.

Anthony Green, Global Head of Digital Marketing and Ecommerce at Minor Hotels, said: “As our portfolio continues to grow across markets, we need payment infrastructure that is reliable, flexible and able to support a premium experience for our guests. Checkout.com’s global acquiring capabilities and payments expertise will help us simplify complexity, improve performance and build a stronger foundation for our next phase of growth.”

Yao Xiang, Head of Commercial, Greater China and Southeast Asia at Checkout.com, said: “Hospitality businesses operate across complex payment flows, markets and currencies, while guests expect every payment to be simple and secure. We’re proud to partner with Minor Hotels as it continues to grow globally, bringing together our local acquiring capabilities, payment optimization technology and dedicated expertise to help its team improve performance and deliver better guest experiences.”

About Checkout.com

Checkout.com processes payments for thousands of companies that shape the digital economy. Our global digital payments network supports over 145 currencies and delivers high-performance payment solutions across the world, processing billions of transactions annually. In 2025, Checkout.com processed more than $300bn in ecommerce payments volume.

We help enterprise merchants boost acceptance rates, combat fraud, and turn payments into a major revenue driver. Headquartered in London and with 19 offices worldwide, Checkout.com is trusted by leading brands such as Spotify, HelloFresh, eBay, Uber, Pinterest, Vinted, Klarna, Financial Times, and Sony.

Checkout.com. Where the world checks out.

About Minor Hotels

Minor Hotels is a global leader in the hospitality industry with more than 640 hotels, resorts and branded residences in operation and committed development across 67 countries. The group crafts innovative and insightful experiences through its hotel brands including Anantara, Elewana Collection, The Wolseley Hotels, Tivoli, Minor Reserve Collection, NH Collection, nhow, Avani, Colbert Collection, NH, Oaks, and iStay, as well as a diverse portfolio of restaurants and bars, travel experiences, and spa and wellness brands. With over four decades of expertise, Minor Hotels builds stronger brands, fosters lasting partnerships, and drives business success by always focusing on what matters most to our guests, team members and partners.

View original content:https://www.prnewswire.com/apac/news-releases/minor-hotels-partners-with-checkoutcom-to-power-high-performance-payments-across-global-hospitality-302868813.html

SOURCE Checkout.com

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Technology

AWOL Vision Debuts LuxVision at IFA 2026: World’s First 4K 120Hz UST with Optical Shift

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Engineered for premium home entertainment, AWOL Vision’s new flagship ultra-short-throw projector delivers 4K 120Hz performance, 6,000 ISO lumens of brightness, optical lens shift, and intelligent setup.

BERLIN, Sept. 3, 2026 /PRNewswire/ — AWOL Vision, a global home entertainment brand delivering immersive audiovisual experiences through large-format displays, home cinema technology, and connected entertainment—makes its first appearance following a refreshed global brand identity unveiled in June 2026. Centered around its new vision, “Bring Wonder Home,” this milestone unites the AWOL Aetherion UST series and AWOL Valerion long-throw series under one cohesive AWOL Vision brand framework.

Nothing between you and the moment
At the heart of the LuxVision is 4K at 120 frames per second. It processes nearly one billion pixels per second to display fast-paced scenes with sharp, smooth, and rich detail. Gamers also benefit from an input lag of just 1 ms, ALLM, VRR, and Dolby Vision Gaming. Three HDMI 2.1 ports, a DisplayPort, and 4-channel HDMI Multiview allow you to connect multiple screens and sources simultaneously.

Maximum Flexibility and Design
A throw ratio of 0.18:1 transforms a surface into a cinema screen of up to 200 inches even at extremely short distances, while vertical optical lens shift enables precise image positioning at the touch of a button—while fully preserving true 4K detail sharpness. A motorized lens cover and a stray-light-free lens ensure a pure, precise, and distortion-free image. At the same time, customizable CMF options (color, material, finish) allow for elegant integration into any living space.

Brilliant Image Quality and Laser Technology
With 6,000 ISO lumens (RGB triple laser), the projector ensures vivid images even in bright daylight or during a movie night at home (110% Rec. 2020). Dynamic tone mapping, a 7-step iris, and support for Dolby Vision, IMAX Enhanced, Filmmaker Mode, and 3D guarantee a true cinematic experience. AWOL’s 2nd-generation Anti-RBE technology minimizes rainbow effects and visual fatigue.

True immersion removes every distraction. With LuxVision, there is Nothing Between You and the Moment.

Price and Availability

MSRP: $5,999 / €5,999 / £4,999
Launch Time: Around October
Booth: H22-113

Check out more photos of the AWOL LuxVision here.

About AWOL Vision

Founded in 2020, AWOL Vision is a home entertainment brand focused on delivering immersive audiovisual experiences through large-format display solutions, home theater technologies, and connected entertainment products. For more information, visit  www.awolvision.com.

PR contact: pr@awolvision.us 

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