Markets and Markets Research Pvt.  LtdMarkets and Markets Research Pvt.  Limited

Markets and Markets Research Pvt. Ltd

CHICAGO, July 02, 2024 (GLOBE NEWSWIRE) — Global Silicon-on-insulator (SOI) market The size is estimated at USD 1.4 billion in 2022 and is projected to reach 2.9 billion by 2027, at a CAGR of 15.0% during the forecast period. Increasing adoption of SOI wafer-based devices in automotive applications and growing demand for 5G in mobile communications play a key role in driving SOI market growth in the near future.

The growing use of FD-SOI in digital electronics creates opportunities for new IoT devices and applications as the technology ensures ultra-low power consumption, ultra-low current leakage, small and dense packaging, and cost efficiency of IoT devices. makes FD-SOI wafer-based devices have reverse-bias features, which help them operate at lower voltages without area or cost penalties.

Knowing about the hypotheses considered for the study.

Download the PDF brochure.

Major Silicone on insulator Companies include:

  • Soitec (France),

  • Shin-Atsu Chemical (Japan),

  • Global Wafers (Taiwan),

  • SUMCO Corporation (Japan),

  • Shanghai Simgoi Technology (China),

  • Global Foundry (USA),

  • ST Microelectronics (Switzerland),

  • Tower Semiconductor (Israel),

  • NXP Semiconductors (Netherlands),

  • Murata Manufacturing (Japan).

Silicon on Insulators Market Segmentation Analysis:

By wafer type, the FD-SOI of silicon on insulator market will grow with the highest CAGR over the forecast period.

The FD-SOI wafers segment of silicon on the insulator market is expected to record the highest CAGR during the forecast period. Market growth is driven by their advantages—high flexibility, easy implementation, low cost, low complexity, low leakage currents, and their ability to optimize power/performance trade-offs. Several FD-SOI wafer manufacturers are focusing on product launches and collaborations with other players in the silicon in insulator market to strengthen their product portfolio and meet the growing demand for FD-SOI wafers. For example, in August 2022, Google is expanding its open-source chip development efforts with Skywater Technology, an American foundry, to 90 nm FD-SOI technology.

By application, consumer electronics accounted for the largest size of the silicon in insulator market

SOI-based wafers are used in consumer electronics such as smartphones, tablets, wearables, laptops, cable modems, televisions and set-top boxes to reduce their size, reduce their power consumption, increase their operational speed. , and is done to extend their battery life. Among others. These wafers also offer better performance and are less dependent on device temperature. SOI-based microprocessors also require less space than traditional embedded memory. As a result, the demand for SOI in consumer electronics is increasing rapidly. In 2021, the consumer electronics segment holds the largest share of the silicon in insulator market.

By region, the silicon on insulator market in Asia Pacific is expected to grow with the fastest CAGR over the forecast period.

The silicon on insulator market in APAC is expected to record the highest CAGR during the forecast period. The growth of the market is due to the increasing demand for consumer electronics such as smartphones, tablets, laptops and smart wearables. Moreover, government investment and expansion of several semiconductor foundry players and wafer manufacturers are contributing to the market growth.

Silicon on Insulator Market Insights:

Silicon on Insulators Market by Size, Share

The global silicon-on-insulator (SOI) market size is forecast to reach USD 2.9 billion by 2027, from USD 1.4 billion in 2022. The key drivers for this growth include increasing demand for 5G mobile communication, energy efficiency and increasing need for high power. efficiency electronic devices, and the expansion of the automotive sector and investment in driverless technologies. In terms of wafer size, the market is dominated by 300mm wafers, while 200mm and smaller wafers also have a significant share. In terms of wafer type, the fully depleted silicon on insulator (FD-SOI) segment is expected to lead the market.

Silicon on Insulators Market by Industry Growth

Key drivers of this growth include increasing demand for 5G mobile communications, growing need for energy-efficient and high-performance electronic devices, and the expansion of the automotive sector and investment in driverless technologies such as Advanced Driver Assistance Systems (ADAS). . The market is expected to benefit from the transition to 5G, as SOI technology enables clear connections to wider locations and supports the high-speed, low-latency requirements of 5G networks. Additionally, increasing adoption of SOI-based devices in consumer electronics, such as smartphones, tablets, and laptops, is fueling market growth. The Asia Pacific region will lead the global SOI market, driven by rising investment and growing demand for consumer electronics and wireless communications.

CONTACT: 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. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. 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 work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected]
MarketsandMarkets Research PvtMarketsandMarkets Research Pvt

Source link