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The global silicon on insulator market size is projected to grow from USD 1.0 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 15.7% from 2020 to 2025.Silicon on Insulator Market
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MarketsandMarkets Presents Attractive Opportunities in the Silicon on Insulator Market Silicon on Insulator (SOI) Market by Wafer Size (200 mm and less than 200 mm, 300 mm), Wafer Type (RF-SOI, FD-SOI), Technology (Smart Cut, Layer Transfer), Product (RF FEM, MEMS), Application (Consumer Electronics, Automotive) - Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/global-silicon-on-insulator-market-158.html
The global silicon on insulator market size is projected to grow from USD 1.0 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 15.7% from 2020 to 2025. Effective use of silicon during the manufacturing of thin SOI wafers and low operating voltage and high performance of SOI-based devices are some of the factors expected to contribute to the growth of the SOI market across the globe. The flourishing Integrated Circuit (IC) industry, expanding SOI ecosystem in Asia Pacific, and increasing use of SOI in IoT applications act as growth opportunities for the SOI market. However, the floating body and self-heating effects in SOI-based devices act as challenges for the manufacturers of SOI wafers. Browse 130 market data Tables and 66 Figures spread through 192 Pages and in-depth TOC on "Silicon on Insulator (SOI) Market - Global Forecast to 2025"
The Radio Frequency Front-end Module (RF FEM) segment accounted for the largest share of the SOI market in 2019 Based on the product, the RF FEM segment accounted for the largest share of the SOI market in 2019. The growth of this segment can be attributed to the increased demand for RF FEM in upcoming 5G technology as well as consumer electronic devices such as smartphones, laptops, and tablets. Currently, all smartphones use RF chips comprising RF-SOI wafers. In the SOI ecosystem, wafer manufacturers and foundry players are also taking initiatives for the development of RF FEM products using SOI technology. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=158 The automotive application segment of the SOI market is projected to grow at the highest CAGR during the forecast period The automotive application segment is projected to grow at the highest CAGR between 2020 and 2025. This growth can be attributed to the increasing investments being made by automotive giants and other business leaders for the development of Advanced Driver-assistance Systems (ADAS) and driverless cars. For instance, Audi (Germany) is making efforts to integrate FD-SOI with devices or sensors used in its autonomous cars. These cars require high-speed, low-power, and compact electronic devices for their operations. This, in turn, leads to the increased demand for SOI-based wafers.
The SOI market in APAC is projected to grow at the highest CAGR during the forecast period The SOI market in APAC is projected to grow at the highest CAGR from 2020 to 2025. Increased investments by wafer manufacturers and foundry players are influencing the growth of the SOI market in this region. For instance, in March 2018, Shin-Etsu Chemical Co., Ltd (Japan) carried out around USD 996 million facility investments for its silicone business. These investments are aimed at enabling the company to expand its business in APAC. Moreover, in June 2018, TowerJazz (Israel) announced the expansion of the RF-SOI 65 nm process in its 300 mm Uozu, Japan fab.
Key Market Players Soitec (France), Shin-Etsu Chemical Co., Ltd (Japan), GlobalWafers Co., Ltd. (Taiwan), SUMCO (Japan), Simgui (China), GlobalFoundries (US), STMicroelectronics N.V. (Switzerland), TowerJazz (Israel), NXP Semiconductors N.V. (Netherlands), Murata Manufacturing (Japan), Skyworks Solutions (US), Qorvo (US), Sony Corporation (Japan), MagnaChip Semiconductor (South Korea), United Microelectronics Corporation (Taiwan), Taiwan Semiconductor Manufacturing Company (Taiwan), Qualcomm Technologies, Inc. (US), Silicon Valley Microelectronics (SVM), Inc. (US), EV Group (US), Ultrasil LLC (US), Siltronix Silicon Technologies (France), and WaferPro (US) are leading companies operating in the SOI market. Request Free Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=158
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