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8 hours ago
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Building Automation System Market worth $191.13 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 20, 2025 /PRNewswire/ -- The building automation system market was valued at USD 101.74 billion in 2025 and is projected to reach USD 191.13 billion by 2030, and it is expected to register a CAGR of 13.4% during the forecast period according to a new report by MarketsandMarkets™. The most significant factor driving the growth of the building automation system (BAS) market is the rising demand for energy-efficient solutions in commercial and residential buildings. BAS technologies help reduce energy consumption by intelligently controlling HVAC, lighting, and other critical systems. BAS also supports compliance with stringent green building codes and sustainability goals that governments and regulatory bodies set. Moreover, the growing adoption of IoT and smart sensors enables real-time monitoring and predictive maintenance, which enhances operational efficiency and reduces downtime. Download PDF Brochure: Browse in-depth TOC on "Building Automation System Market" 150 – Tables60 – Figures220 – Pages Building Automation System Market Report Scope: Report Coverage Details Market Revenue in 2025 $ 101.74 billion Estimated Value by 2030 $ 191.13 billion Growth Rate Poised to grow at a CAGR of 13.4% Market Size Available for 2021–2030 Forecast Period 2025–2030 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By connectivity, offering, application, and region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Lack of standardized communication protocols Key Market Opportunities Government-led initiatives to enhance energy efficiency and comply with green building standards Key Market Drivers Integration of IoT technologies and data analytics into building automation systems By facility management system type, the lighting controls segment is projected to grow at a higher CAGR during the forecast period. During the forecast period, the lighting controls segment is projected to grow at a higher CAGR of the building automation system market. The growing emphasis on energy efficiency and sustainability drives growth. As buildings account for a significant share of global energy consumption, there is a rising demand for smart lighting systems that reduce energy usage through automation, occupancy sensing, and daylight harvesting. In addition, the expanding commercial real estate sector and the wave of smart building projects fuel the deployment of advanced lighting control infrastructure. By Application, the commercial segment is likely to account for the largest market share during the forecast year. The commercial application segment is anticipated to secure the largest market share of the building automation system market during the forecast period. The growth of building automation systems (BAS) in the commercial sector is being driven by a convergence of technological, economic, and regulatory factors. A primary catalyst is the rising demand for energy efficiency, as commercial buildings account for a significant portion of global energy consumption. BAS enables intelligent control of HVAC and lighting systems, resulting in substantial cost savings. Increasing emphasis on sustainability and carbon emission reduction has led many companies to adopt green building certifications, often requiring advanced automation. Inquiry Before Buying: By Region, Asia Pacific is expected to hold the largest share of the building automation system market during the forecast period. Asia Pacific is expected to hold the largest share of the total building automation system industry in 2030. The growth is attributed to the region's rising awareness of environmental impact and carbon footprint, compelling developers to integrate automated systems for optimized energy consumption. Increasing investment from domestic and international players in infrastructure projects contributes to technological upgrades and market expansion. Moreover, declining sensor and controller costs are making BAS more accessible to mid-sized buildings. As digital transformation deepens across industries, the demand for intelligent, interconnected building solutions continues to rise, positioning Asia Pacific as one of the fastest-growing markets for building automation systems. Key Players The key companies in the building automation system companies include Johnson Controls (Ireland), Schneider Electric (France), Carrier (US), Siemens (Germany), Honeywell International Inc. (US), Robert Bosch GmbH (Germany), Legrand (France), Hubbell (US), ABB (Switzerland), and Trane Technologies plc (Ireland). Get 10% Free Customization on this Report: Browse Adjacent Market: Semiconductor and Electronics Market Research Reports & Consulting Related Reports: Building Information Modeling Market by Offering (Software, Services), Deployment Type (On-Premises), Project lifecycle (Pre-construction), End User (AEC Professionals), Application (Planning & Modelling) and Region - Global Forecast to 2029 HVAC System Market Size, Share & Industry Trends Growth Analysis Report by Cooling (Unitary Air Conditioner, VRF), Heating (Heat Pump, Furnace), Ventilation (AHU, Air Filter), Service Type (Installation, Maintenance & Repair), Implementation Type (New Construction, Retrofit) - Global Forecast to 2029 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Web Site: Insight: Source: Logo: View original content: SOURCE MarketsandMarkets
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11 hours ago
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Electromechanical Actuators in Aircraft Market worth $804.3 million by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 20, 2025 /PRNewswire/ -- The electromechanical actuators in aircraft market is projected to reach USD 804.3 million by 2030, growing from USD 577.1 million in 2025 at a CAGR of 6.9% according to a new report by MarketsandMarkets™. The electromechanical actuators in aircraft market is witnessing strong momentum, fueled by rapid advancements in power electronics, smart sensors, and digital control systems. The growing focus on more electric aircraft (MEA) concepts, which aim to improve energy efficiency and reduce dependency on hydraulic and pneumatic systems, is accelerating the adoption of EMAs. The rising demand for lightweight, maintenance-friendly, and environmentally sustainable solutions encourages innovation in commercial and military aviation. At the same time, evolving defense modernization programs and next-generation aircraft platforms are opening up new opportunities for advanced actuation technologies. Aircraft manufacturers and system integrators increasingly invest in cutting-edge EMA solutions to meet performance, safety, and cost targets. With technology becoming more integrated and platforms more electric, the market is poised for long-term growth. It remains a critical enabler of the aviation industry's shift toward more innovative, cleaner, and reliable systems. Download PDF Brochure: Browse in-depth TOC on "Electromechanical Actuators in Aircraft Market" 200 – Tables80 – Figures230 – Pages Electromechanical Actuators in Aircraft Market Report Scope: Report Coverage Details Market Revenue in 2025 $ 577.1 million Estimated Value by 2030 $ 804.3 million Growth Rate Poised to grow at a CAGR of 6.9% Market Size Available for 2020–2030 Forecast Period 2025–2030 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By mechanism type, motor torque, application, platform, and region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Power supply and thermal management limitations Key Market Opportunities Advancements in autonomous flight Key Market Drivers Rising adoption of More Electric Aircraft architecture By platform, the narrow-body aircraft segment is projected to account for the largest share of the electromechanical actuators in aircraft market during the forecast period. The dominance of the narrow-body aircraft segment is underpinned by strong global demand for single-aisle jets, especially across commercial airline fleets. With increasing focus on fleet modernization, airlines are upgrading to newer models, such as the Airbus A320neo and Boeing 737 MAX, which integrate advanced electromechanical actuators (EMAs) for flight control surfaces, landing gear operations, and other critical functions. The adoption of EMAs in narrow-body aircraft is primarily driven by their lower weight, better energy efficiency, and reduced maintenance needs compared to traditional hydraulic systems. Given the high production volumes of narrow-body aircraft and their extensive use in short- and medium-haul routes worldwide, this aircraft continues to attract significant EMA integration. Moreover, the push toward more electric aircraft and increasing passenger traffic in emerging markets further reinforce the segment's leading market position. Narrow-body platforms are increasingly seen as the foundation for technological upgrades, which makes them central to the EMA market landscape. By application, the flight control surface segment is projected to account for the largest share during the forecast period. The flight control surface segment is projected to account for a significant market share, driven by the aviation industry's shift toward more electric aircraft and the growing need for precise, lightweight, and energy-efficient actuation systems. These actuators play a vital role in managing the aerodynamic behavior of an aircraft, enabling accurate control of ailerons, elevators, rudders, and flaps. As aircraft designs evolve, the demand for advanced EMAs in primary and secondary flight control systems continues to grow, especially in next-generation commercial jets and military platforms. Reduced maintenance needs, enhanced reliability, and better integration with digital flight control architectures have driven the move from hydraulic systems toward electromechanical solutions. With growing emphasis on performance optimization, weight reduction, and environmental efficiency, EMAs for flight control surfaces have become critical to modern aircraft programs. Inquiry Before Buying: North America is projected to account for the largest share during the forecast period. North America remains at the forefront of the electromechanical actuators in aircraft industry, primarily due to its robust aerospace sector, rich engineering skills base, and drive towards more electric airplane designs. In recent years, there has been a well-documented shift from conventional hydraulic systems toward electromechanical systems, particularly for flight control and landing gear systems. This transformation is fueled by the need to shed weight, increase fuel economy, and make maintenance easier. Industry leaders such as Honeywell, Moog Inc., and Curtiss-Wright are at the forefront of this change, creating more sophisticated and reliable EMA technologies for commercial and defense applications. Regulatory incentives have also played a significant part. The FAA's emphasis on safety and electrification has driven broader usage of EMA systems throughout aging fleets and new airplanes. The region's robust supply base, large aircraft programs, and military modernization continue to drive demand for EMS. With increasing focus on testing, certification, and system integration, North America is emerging as a leading center for electromechanical actuator innovation and deployment. Honeywell International Inc. (US), Curtiss-Wright Corporation (US), Liebherr (Switzerland), and Ametek Inc. (US) are major players in the electromechanical actuators in aircraft companies. These companies have strong distribution networks across North America, Europe, Asia Pacific, the Middle East, and Rest of the World. Get 10% Free Customization on this Report: Browse Adjacent Market: Aerospace and Defence Market Research Reports &Consulting Related Reports: Military Vehicle Electrification Market by Platform (Combat Vehicles, Support Vehicles, Unmanned Armored Vehicles), System, Technology (Hybrid, Fully Electric), Mode of operation, Voltage Type and Region - Global Forecast to 2030 Military Vehicle Sustainment Market by Vehicle Type (Armored Vehicles, Military Trucks), Service (Maintenance, Repair, & Overhaul (MRO), Training & Support, Parts and Components Supply, Upgrades & Modernization), End User, and Region- Global Forecast to 2028 Turret System Market by Type (Manned, Unmanned), Component (Turret Drive, Turret Control System, Stabilization Unit), Platform (Land, Airborne, Naval), and Region – Global Forecast to 2027 Unmanned Ground Vehicles Market by Mobility (Wheeled, Tracked, Hybrid), Application (Military, Commercial, Law Enforcement, Federal Law Enforcement), Size (10-200lbs, 200-500lbs, Others), Mode of Operation, System, and Region-Global Forecast to 2027 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Web Site: Insight: Source: Logo: View original content: SOURCE MarketsandMarkets 登入存取你的投資組合
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a day ago
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Feed Phosphate Market worth $3.52 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 19, 2025 /PRNewswire/ -- The feed phosphate market is estimated at USD 2.79 billion in 2025 and is projected to reach USD 3.52 billion by 2030, at a CAGR of 6.0% from 2025 to 2030, according to a report published by MarketsandMarkets™. Feed phosphates contribute to the overall health and welfare of animals, including bone development, energy metabolism, and immunity. Consequently, livestock and poultry farmers should benefit from feed phosphates that enhance animal welfare, leading to increased usage of feed phosphates in the future. The feed phosphates market is experiencing growth due to various factors, such as the rising global demand for animal protein, the expansion of livestock production, improved feed efficiency, a focus on animal health, regulatory support, technological advancements, greater awareness of animal nutrition, the adoption of sustainable farming practices, and ongoing research and development efforts. As the world's population continues to grow, the demand for animal-based products is expected to rise further, driving the expansion of the feed phosphates market in the future. Browse in-depth TOC on "Feed Phosphate Market"150– Tables60– Figures250– Pages Download PDF Brochure: By form, the powdered form segment holds the highest CAGR during the forecast period. The powdered form of feed phosphate offers an excellent opportunity in the manufacturing of animal feed, standing out due to its ease of handling, rapid blending, and even distribution in a feed mixture. The feed phosphate is primarily phosphorus, an essential nutrient for muscle development, growth, reproduction, and overall health (bone health) and is usually sourced from dicalcium phosphate (DCP) or monocalcium phosphate (MCP). The specific formulation ensures good solubility in water or feed by incorporating dairy feed products. It dissolves easily in water or mixtures, facilitating an even distribution of phosphorus within the feed. Phosphate also contains the highest concentration of phosphorus in feed formulations, representing an inexpensive source of phosphorus to meet livestock and poultry nutrition targets throughout all life stages. By livestock, the swine segment holds the third-largest share in the feed phosphate market. According to the International Magazine for Animal Feed & Additives Industry, global pig feed production is projected to decline by 0.6% in 2024, totaling 369.293 million mt. Production growth in the European, Latin American, and North American pork segments was offset by decreases in Africa and the Middle East, Asia-Pacific, and Oceania. The overall trends were partly influenced by the ability of producers in these regions to recover from previous outbreaks of African swine fever (ASF), the potential for export demand that allows Europe and Latin America to recover their lost production, and the decisions of producers in each region to maintain a recovery focus. For the pig feed segment to grow on a global basis, disease control and the stability of feed prices will affect both the porcine industry and the pig feed segment, potentially presenting significant opportunities for growth in 2024. Request Sample Pages: Based on region, North America holds the highest CAGR during the forecast period. The feed phosphate market in North America is steadily gaining traction due to the strong cultural ties of livestock and poultry, as well as the established industries in the region. The increased demand for quality protein sources through meat, dairy, and poultry products has led to a need for balanced nutrients in animal feed. Feed phosphates play an essential role in ensuring bone development, improving feed efficiency, and maintaining livestock health, making them a crucial ingredient in livestock formulations. Factors that may drive market growth in the region include the increased reliance on intensive livestock production, advancements in feed technology, and a growing awareness of animal nutritional management with sustainably sourced feed ingredients. The impact of climate change has prompted regulations that promote the efficient use of phosphorus as a nutrient to help maintain biodiversity. Nevertheless, feed producers will continue to respond to demands from producers for only the highest-grade phosphates through feed formulations that are both bioavailable and sustainably sourced. The report profiles key players including Mosaic (US), Nutrien (Canada), OCP (Morocco), Yara (Norway), EuroChem Group (Switzerland), PhosAgro Group (Russia), Phosphea (France), Fosfitalia Group (Italy), J.R. Simplot Company (US), Rotem Kimyevi Maddeler San. Tic. A.S. (Turkey), Lomon Corporation (China), Sinochem Yunlong Co., Ltd. (China), Malaysian Phosphate Additives Sdn. Bhd. (MPA) (Malaysia), Guizhou Chanhen Chemical Corporation (China), and Yunnan Yuntianhua Co., Ltd. (China). Get 10% Free Customization on this Report: Browse Adjacent Reports @ Agriculture Industry Market Research Reports & Consulting Related Reports: Feed Additives Market by Livestock, Type (Amino Acids, Probiotics, Vitamins, Acidifiers, Enzymes, Flavors & Sweeteners, Mycotoxin Detoxifiers, Minerals, and Antioxidants), Livestock, Form, Source, Function, and Region - Global Forecast to 2029 Feed Binders Market by Type (Lignosulfonates, Plant Gums & Starches, Gelatin & Other Hydrocolloids, Clay, Molasses, and Others), Livestock (Poultry, Cattle, Swine, Aquatic Animals, Dogs & Cats, and Others), Region - Global Forecast to 2025 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets Inc.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Insight: Our Website: Source: Logo: View original content: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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2 days ago
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China Semiconductor Market for Automotive worth $419.15 billion in 2024
DELRAY BEACH, Fla., June 19, 2025 /PRNewswire/ -- The China Semiconductor Market for Automotive reached USD 419.15 billion in 2024, from USD 280.81 billion in 2020, with a CAGR of 8.9%, according to a new report by MarketsandMarkets. China's semiconductor market for the automotive sector is rapidly expanding, driven by the country's status as the world's largest electric vehicle (EV) market and strong government support for new energy vehicles. Automakers are intensely focused on advancing electric mobility and integrating innovative features such as advanced driver assistance systems (ADAS), AI-powered infotainment, and over-the-air (OTA) software updates. The development of next-generation electrical and electronic (E&E) system architectures, including centralized domain controllers and software-defined vehicle platforms, is accelerating. These advancements enable the production of more intelligent, connected, and upgradable vehicles. As a result, the semiconductor content per vehicle is increasing, fueling robust demand for automotive chips, especially power semiconductors, AI processors, and high-speed connectivity solutions. This trend positions China to lead in automotive innovation and reduce its reliance on foreign technology. Download an Illustrative overview: Browse in-depth TOC on "China Semiconductor Market for Automotive"54 - Tables 30 - Figures101 - Pages Microcontrollers hold the highest share of China's automotive semiconductor market. Microcontrollers (MCUs) dominate the automotive semiconductor market due to a strong manufacturing ecosystem, the quick adoption of smart devices, and government initiatives aimed at semiconductor self-sufficiency, such as the 'Made in China 2025' policy and the National Integrated Circuit Industry Investment Fund, which has allocated over USD 29 billion for domestic chip development. In automotive applications, MCUs play a crucial role in real-time control, monitoring, and processing for systems such as engine management, battery management, ADAS, infotainment, and safety features. This integration enhances vehicle performance, safety, and user experience. Moreover, Chinese manufacturers are working to stabilize their production of automotive-grade chips at the 14 nm process node and are investing in 7 nm capabilities. For instance, SMIC began mass production of 14 nm chips in late 2019. By March 2022, the company reported impressive yield rates of 90–95% for its 14 nm chips, which are regarded as industry-leading and suitable for critical automotive and industrial applications where reliability is essential. In 2024, the surge in EV sales in China exceeded 11 million, significantly increasing the demand for high-performance MCUs. Key players in domestic manufacturing, namely Midea Group (which expanded into MCU production for home appliances in January 2023), GigaDevice, and AutoChips, are leading this sector. Future investments will focus on research and development for next-generation automotive MCUs, enhancing energy efficiency, and building supply chain resilience. Additionally, significant government and industry funding is being directed toward semiconductor hubs in Eastern China, such as Shanghai and Suzhou. Power semiconductors exhibit the fastest growth in China's automotive semiconductor market. Power semiconductors are the fastest-growing segment of China's automotive sector, driven primarily by the country's rapid electrification and the increased adoption of EVs. These vehicles require significantly more power semiconductors than traditional ICE vehicles for essential functions such as inverters, onboard chargers, and DC-DC converters. Silicon carbide (SiC) devices are widely used in various components of electric vehicles, including main drive inverters, onboard chargers (OBCs), DC-DC converters, and high-power charging equipment. The composition of SiC devices is as follows: substrates account for approximately 45%, epitaxial wafers make up about 25%, and modules represent around 20%. Notably, SiC modules are being integrated into 800V architectures, which are becoming increasingly popular in new electric vehicles in China. Meanwhile, gallium nitride (GaN) devices are recognized for their low switching energy, which is more than 50% lower than SiC devices; however, GaN requires thicker epitaxial layers. Chinese automakers are also introducing innovative features such as ultra-fast charging, ADAS, vehicle-to-grid (V2G) capabilities, and more sophisticated infotainment systems. These advancements significantly heighten the demand for robust and efficient power semiconductor solutions. Looking ahead, the roadmap for Chinese automakers includes further electrification, the development of autonomous driving technologies, and the integration of SiC/GaN-based power modules to enhance efficiency and reduce vehicle weight. As a result, power semiconductors are becoming the fastest-growing segment in China's automotive sector. Hong Kong is the largest importer of integrated electrical circuits from China. China exports integrated circuits (ICs) to Hong Kong primarily due to its status as a global trade hub and logistics gateway. In Hong Kong, these ICs are often re-exported to other markets or utilized in local electronics assembly and manufacturing. China's proximity to Hong Kong, along with an established supply chain and robust semiconductor production capacity, positions it as the leading supplier of these components. Several factors drive these exports, including China's rapidly growing domestic IC manufacturing, government support for semiconductor self-sufficiency, and strong global demand for electronics. This demand is especially pronounced in sectors like automotive, consumer electronics, and smart devices, with Hong Kong facilitating worldwide distribution. The high volume of exports from China to Hong Kong is also supported by Hong Kong's trade-friendly environment, low tariffs, and efficient customs procedures. Moreover, its role as a financial and logistics center helps connect Chinese manufacturers with international buyers. The applications for these ICs are diverse, encompassing automotive electronics, consumer electronics, IoT devices, and industrial automation. Both domestic and international automakers rely on these ICs for next-generation vehicles, including electric and connected cars. Due to its limited semiconductor manufacturing capacity, Hong Kong depends on China for these integrated circuits, relying on China's advanced and cost-effective production to meet local and global demand. In fiscal year 2024, China exported 89.39 million integrated circuits to Hong Kong, underscoring Hong Kong's critical role in the global semiconductor trade. Supporting this trade are several key factors: China's aggressive investment in semiconductor research and development, the Belt and Road Initiative's impact on trade infrastructure, and Hong Kong's integration into the Greater Bay Area's high-tech ecosystem. Collectively, these factors ensure a steady flow of ICs and bolster Hong Kong's status as a leading global electronics trade center. Key Market China Semiconductor Industry for Automotive: Prominent players in the China semiconductor market for automotive companies include SMIC (SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION), GigaDevice Semiconductor Inc., Novosense Microelectronics, Silan Microelectronics, and HiSilicon. Get 10% Free Customization on this Report: This report provides insights on: Analysis of critical drivers (increased domestic investments in semiconductors), restraints (shortage of manufacturing facilities for 12 mm machines), opportunities (substantial investments by <12-inch wafer manufacturers), and challenges (technological gap) influencing the growth of the China semiconductor market for automotive Product Development/Innovation: Detailed insights into upcoming technologies and new products launched in the China semiconductor market for automotive Market Development: Comprehensive market information – the report analyses the authentication and brand protection market across Chinese countries Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the China semiconductor market for automotive Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, such as SMIC, GigaDevice Semiconductor Inc., Novosense Microelectronics, Silan Microelectronics, and HiSilicon Related Reports: Automotive Engineering Services Market Automotive Power Electronics Market Automotive Fuse Market Get access to the latest updates on China Semiconductor Industry for Automotive Growth About MarketsandMarkets™: MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
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2 days ago
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Feed Phosphate Market worth $3.52 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 19, 2025 /PRNewswire/ -- The feed phosphate market is estimated at USD 2.79 billion in 2025 and is projected to reach USD 3.52 billion by 2030, at a CAGR of 6.0% from 2025 to 2030, according to a report published by MarketsandMarkets™. Feed phosphates contribute to the overall health and welfare of animals, including bone development, energy metabolism, and immunity. Consequently, livestock and poultry farmers should benefit from feed phosphates that enhance animal welfare, leading to increased usage of feed phosphates in the future. The feed phosphates market is experiencing growth due to various factors, such as the rising global demand for animal protein, the expansion of livestock production, improved feed efficiency, a focus on animal health, regulatory support, technological advancements, greater awareness of animal nutrition, the adoption of sustainable farming practices, and ongoing research and development efforts. As the world's population continues to grow, the demand for animal-based products is expected to rise further, driving the expansion of the feed phosphates market in the future. Browse in-depth TOC on "Feed Phosphate Market"150– Tables60– Figures250– Pages Download PDF Brochure: By form, the powdered form segment holds the highest CAGR during the forecast period. The powdered form of feed phosphate offers an excellent opportunity in the manufacturing of animal feed, standing out due to its ease of handling, rapid blending, and even distribution in a feed mixture. The feed phosphate is primarily phosphorus, an essential nutrient for muscle development, growth, reproduction, and overall health (bone health) and is usually sourced from dicalcium phosphate (DCP) or monocalcium phosphate (MCP). The specific formulation ensures good solubility in water or feed by incorporating dairy feed products. It dissolves easily in water or mixtures, facilitating an even distribution of phosphorus within the feed. Phosphate also contains the highest concentration of phosphorus in feed formulations, representing an inexpensive source of phosphorus to meet livestock and poultry nutrition targets throughout all life stages. By livestock, the swine segment holds the third-largest share in the feed phosphate market. According to the International Magazine for Animal Feed & Additives Industry, global pig feed production is projected to decline by 0.6% in 2024, totaling 369.293 million mt. Production growth in the European, Latin American, and North American pork segments was offset by decreases in Africa and the Middle East, Asia-Pacific, and Oceania. The overall trends were partly influenced by the ability of producers in these regions to recover from previous outbreaks of African swine fever (ASF), the potential for export demand that allows Europe and Latin America to recover their lost production, and the decisions of producers in each region to maintain a recovery focus. For the pig feed segment to grow on a global basis, disease control and the stability of feed prices will affect both the porcine industry and the pig feed segment, potentially presenting significant opportunities for growth in 2024. Request Sample Pages: Based on region, North America holds the highest CAGR during the forecast period. The feed phosphate market in North America is steadily gaining traction due to the strong cultural ties of livestock and poultry, as well as the established industries in the region. The increased demand for quality protein sources through meat, dairy, and poultry products has led to a need for balanced nutrients in animal feed. Feed phosphates play an essential role in ensuring bone development, improving feed efficiency, and maintaining livestock health, making them a crucial ingredient in livestock formulations. Factors that may drive market growth in the region include the increased reliance on intensive livestock production, advancements in feed technology, and a growing awareness of animal nutritional management with sustainably sourced feed ingredients. The impact of climate change has prompted regulations that promote the efficient use of phosphorus as a nutrient to help maintain biodiversity. Nevertheless, feed producers will continue to respond to demands from producers for only the highest-grade phosphates through feed formulations that are both bioavailable and sustainably sourced. The report profiles key players including Mosaic (US), Nutrien (Canada), OCP (Morocco), Yara (Norway), EuroChem Group (Switzerland), PhosAgro Group (Russia), Phosphea (France), Fosfitalia Group (Italy), J.R. Simplot Company (US), Rotem Kimyevi Maddeler San. Tic. A.S. (Turkey), Lomon Corporation (China), Sinochem Yunlong Co., Ltd. (China), Malaysian Phosphate Additives Sdn. Bhd. (MPA) (Malaysia), Guizhou Chanhen Chemical Corporation (China), and Yunnan Yuntianhua Co., Ltd. (China). Get 10% Free Customization on this Report: Browse Adjacent Reports @ Agriculture Industry Market Research Reports & Consulting Related Reports: Feed Additives Market by Livestock, Type (Amino Acids, Probiotics, Vitamins, Acidifiers, Enzymes, Flavors & Sweeteners, Mycotoxin Detoxifiers, Minerals, and Antioxidants), Livestock, Form, Source, Function, and Region - Global Forecast to 2029 Feed Binders Market by Type (Lignosulfonates, Plant Gums & Starches, Gelatin & Other Hydrocolloids, Clay, Molasses, and Others), Livestock (Poultry, Cattle, Swine, Aquatic Animals, Dogs & Cats, and Others), Region - Global Forecast to 2025 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. 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