The global Silicon-on-Insulator (SOI) market was $1439.9 Million in 2020 and is set to hit $63.9 Million by 2028, growing at a CAGR of 10.8%
The global Silicon-On-Insulator (SOI) market accounted for USD 1439.9 Million in 2020 and is expected to reach USD 3463.9 Million by 2028, growing at a CAGR of 10.8% from 2021 to 2028.
Miniaturization of semiconductor equipment coupled with low operating voltage and high performance is expected to promote the growth of Silicon-On-Insulator (SOI) market in near future. Apart from this, massive demand from gaming consoles & microprocessors and widespread application in consumer electronics will further proliferate silicon on insulator market size. Low access to the intellectual property ecosystem, however, is anticipated to result in a decline/ decimation of silicon on insulator market revenue in the years to come. Nonetheless, the prolific use of silicon on an insulator in the IoT sector along with its growing popularity in APAC is projected to lure more investments across silicon on the insulator market, thereby normalizing the impact of hindrances on the Silicon-On-Insulator (SOI) market.
The lockdowns imposed by various countries to contain the spread of Covid-19 has impacted the global operations. The COVID-19 pandemic has impacted the sales of Silicon-On-Insulator (SOI) wafers globally. However, it has created drivers, opportunities, as well as challenges for the players present in the ecosystem. For instance, companies offering SOI-based solutions such as autonomous and electric vehicles have been impacted the most due to COVID-19, as the sale was declined amid the pandemic. Various scenarios have been analyzed based on inputs from various secondary sources and the current data available about the situation.
Effective use of silicon during the manufacturing of thin SOI wafers and low operating voltage and high performance of SOI-based devices are several factors expected to contribute to the expansion of the Silicon-On-Insulator (SOI) market across the world. The flourishing microcircuit (IC) industry, expanding SOI ecosystem in the Asia Pacific, and increasing use of SOI in IoT applications act as growth opportunities for the Silicon-On-Insulator (SOI) market Furthermore, emerging economies are projected to create profitable growth avenues for the Silicon on Insulator market as compared to developed nations with advanced infrastructural facilities.
Based on wafer type, the global Silicon-on-Insulator (SOI) market is bifurcated into RFSOI, FDSOI, and others. BESOI, ELTRAN, SoS, SiMOX, and smart cut are the technology segment of the market. The product segment is categorized into RF FE, MEMS, power, optical, and others.
Based on application Silicon-On-Insulator (SOI) market is categorized into automotive, computing and mobile, entertainment and gaming, photonics, telecommunications, and others. The regional segmentation comprises the current and estimates demand for Europe, Asia Pacific, North America, Latin America, and Middle East & Africa.
Regionally, North America has been leading the worldwide silicon on insulator market and is anticipated to continue on the dominant position in the years to come, states the Silicon-On-Insulator (SOI) market study. Increasing demand for computing, gaming consoles, microprocessors, and mobile applications is the main factor behind the dominance of the North America Silicon-On-Insulator (SOI) market. The high number of market players being headquartered in North America is another significant factor that is supporting this regional Silicon-On-Insulator (SOI) market.
Key players included in the report are Globalwafers Co., Stmicroelectronics N.V., Skyworks Solutions, Inc., Globalfoundries , Murata Manufacturing Co., Ltd., Qorvo, Inc., Sony Corporation, Magnachip Semiconductor, Towerjazz, NXP Semiconductors N.V., and United Microelectronics Corporation amongst others.
By Wafer Type
By Technology
By Application
By Product
By Region
FrequentlyAsked Questions
The global Silicon-On-Insulator (SOI) market was valued at USD 1439.9 Million in 2020.
The global Silicon-On-Insulator (SOI) market is expected to reach USD 3463.9 Million by 2028, growing at a CAGR of 10.8% between 2021 to 2028.
Rising demand across numerous applications is anticipated to be a key driving factor for the growth of Silicon-On-Insulator (SOI) market over the forecast period. Growing demand for high performance and low power among microelectronics devices is projected to drive industry growth significantly.
North America has been leading the worldwide Silicon-On-Insulator (SOI) market and is anticipated to continue in the dominant position in the years to come.
Key players included in the report are Globalwafers Co., Stmicroelectronics N.V., Skyworks Solutions, Inc., Globalfoundries, Murata Manufacturing Co., Ltd., Qorvo, Inc., Sony Corporation, Magnachip Semiconductor, Towerjazz, NXP Semiconductors N.V., and United Microelectronics Corporation amongst others.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed