Status : Published | Published On : Jun, 2024 | Report Code : VRSME9152 | Industry : Semiconductor & Electronics | Available Format : | Page : 205 |
The Global Silicon on Insulator Market is anticipated to grow from USD 1.9 billion in 2023 to USD 3.6 billion in 2030 at a CAGR of 16.3% during the forecast period from 2025 to 2030.
The silicon on insulator is the procedure in which thin layer of silicon is placed on the top of insulator that forms silicon semiconductor devices. The silicon on Insulator wafers increase the performance of silicon semiconductor devices in response to the low operating voltage. This silicon wafer is used to manufacture advanced electronic devices which is expansively applicable in the integrated circuit technology used in automotive, consumer electronics and other industries. Now-a-days smartphones are responsible for the majority of wireless sector growth due to emerging markets transition from lower to mid-tier segments that are supported by the rollout of 5G. Increasing demand for energy-efficient and high-performance electronic devices will fuel the growth of this market. Furthermore SOI technology used in electronic devices such as tablets, smartphones and laptops are in high demand across the world.
Market Segmentation
Insight by Wafer Type
According to wafer type, the global Silicon on Insulator Market is segregated into Fully Depleted Silicon on Insulator (FD-SOI), Partially Depleted Silicon on Insulator (PD-SOI), RF-SOI and Emerging-SOI. FD-SOI wafers category is anticipated to witness higher growth rate due to its benefits such as low cost, decreased complexity, high flexibility, simple implementation, lower leakage currents and the capacity to optimize power tradeoffs drives market growth.
Insight by Wafer Size
The global Silicon on Insulator Market is bifurcated based on wafer size, into 200mm and 300mm. 300mm Wafer Size segment is expected to witness fastest growth during the forecast period. To increase the production of 300 mm wafers due to radio frequency, the manufacturing industry is taking several steps. Many wafer players are also boosting their output to keep up with demand in numerous countries that are planning to expand their processes for the 300 mm wafers, that shall ultimately support the segment's growth throughout the forecast period.
Insight by Product
The global Silicon on Insulator Market is segmented based on product, into RF SOI, Optical Communication, RF FEM, Image Sensing, Memory Device, Power and MEMS. The MEMS devices segment is projected to have the greatest CAGR throughout the forecast period. MEMS (Micro- Electro-Mechanical Systems) devices, such as gyroscopes, accelerometers and pressure sensors are becoming increasingly integrated into various electronic systems and devices, such as tablets, smartphones and automotive systems. The growing demand for these devices is expected to drive the growth of the silicon on insulator market as MEMS devices rely on SOI wafers for their production. SOI wafers are used in MEMS devices to provide insulation and reduce parasitic capacitance, which improves the performance of these devices.
Insight by Application
The global Silicon on Insulator Market is segregated based on application into Automotive, Datacom and Telecom, Aerospace and Defense, Consumer Electronics, Entertainment and Gaming, Industrial, Photonics and Others. Consumer Electronics is expected to witness fastest growth over the forecast period due to the devices like smartphones, cable modems, tablets, wearables, laptops, televisions and set-top boxes use SOI-based wafers to decrease their size, cut their power consumption, increase their battery life and boost their operational speed. Additionally, these wafers have improved performance and are less temperature-sensitive.
Insight by Technology
The global Silicon on Insulator Market is segregated into Bonding, Silicon on Sapphire (SOS), Smart Cut, Epitaxial Layer Transfer (ELTRAN) and Separation by Implantation of Oxygen (SIMOX) based on technology. The bonding SOI segment dominated the silicon on insulator market as the main applications of bonding are usually in the areas of SOI devices and silicon-based actuators and sensors.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. 1.9 Billion |
Revenue Forecast in 2030 |
U.S.D. 3.6 Billion |
Growth Rate |
16.3% |
Segments Covered in the Report |
By Wafer Type, By Wafer Size, By Product, By Application, By Technology |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Asia-Pacific and Europe |
Industry Dynamics
Growth Drivers
Growth of the market is due to significant technological advancements in the market such as the large-scale integration of radio frequency silicon on insulator wafers into smartphones to receive an uninterrupted connection from various locations. Data communication services and telecom apps are functioning with a 5G mobile connection. Hence, the growing need for 5G mobile communication is another key driver of the silicon on insulator (SOI) market. Also data transmissions are now ten times faster than they were before the development of 5G technology. As a result of consumer electronics' positive user experience, reduced latency and great dependability, the manufacturing of silicon on insulator devices is increasing. The demand for the silicon on insulator increase in automotive application shall create immense opportunities for the growth of the market during the forecast period. The increasing investments by the major market players in automotive sector for the expansion of driverless automobile technologies such as Advanced Driver Assistance Systems (ADAS) also drives the growth of the market.
Restraints
The major factors that are the main restraints for the growth of the market are limited availability of remaining intellectual property ecosystems and floating body and self-heating effects in silicon on insulator devices. Lack of skilled workforce in SOI wafer manufacturing sector and effective maintenance of thickness uniformity and other parameters shall also limit the market growth.
Geographic Overview
Geographically, the Global Silicon on Insulator Market is classified into North America, Europe and Asia Pacific. Asia-Pacific dominates the silicon on insulator market in terms of revenue and market share. This is mainly due to increasing demand for consumer electronics and growing investments in this region. North America shall continue to project the highest growth rate during the forecast period of 2023-2030 because of the strong presence of major market players and the increase in the number of applications in notebooks, smartphones and digital cameras in this region.
Competitive Insights
STMicroelectronics N.V. is a multinational corporation and technology company of French-Italian origin. It is headquartered in Plan-les-Ouates, Switzerland. Company create and deliver the technology as microchips, which are embedded in the most advanced innovations. They are an essential part of products as diverse as electric cars and key fobs, smartphones and toothbrushes, giant factory machines and data centers, washing machines and hard disks.
United Microelectronics Corporation is a Taiwanese company based in Hsinchu, Taiwan. UMC is a leading global semiconductor foundry company. The company provides high quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry. UMC’s comprehensive IC processing technologies and manufacturing solutions include Logic or Mixed-Signal, embedded Non-Volatile-Memory, RFSOI, embedded High-Voltage, and BCD etc.
Key Players Covered in the Report
Key players of Silicon on Insulator Market are NXP Semiconductors, STMicroelectronics, Shin-Etsu Chemical Co., Ltd, Murata Manufacturing Co., Ltd., Silicon Valley Microelectronics, Inc., IBM, Skyworks Solutions, Inc., Virginia Semiconductor, Siltronic, United Microelectronics Corporation, Global Wafers Japan Co. Ltd., SUMCO CORPORATION, Tower Semiconductor
Recent Development by Key Players
STMicroelectronics has discovered the STeID Java Card™ smartcard platform that meets state-of-the-art requirements for electronic identity (eID) and eGovernment use cases. As eID documents using secure microcontrollers continue gaining importance in the fight against identity fraud, the STeID platform now accelerates the deployment of advanced solutions. Certified to common criteria EAL 6+, the platform comprises a secure operating system, STeID JC Open OS, and a portfolio of proprietary applets.
Izumo Murata Manufacturing Co., Ltd., a manufacturing subsidiary of Murata Manufacturing Co., Ltd., located in Izumo City, Shimane Prefecture, has constructed a new production building. This new construction of the new production building focus at establishing a system to respond to increased demand for multilayer ceramic capacitors over the medium and long term.
The global Silicon on Insulator Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025 –2030.
Segments Covered in the Report
Region Covered in the Report
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