Silicon on Insulator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global silicon on insulator market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 14.4% during 2023-2028.
Silicon on insulator (SOI) refers to a microchip or semiconductor device manufacturing technique, wherein engineers place thin films of single-crystalline silicon on top of an insulator for streamlining the fabrication of integrated circuits (IC). It aids in reducing junction capacitance, resulting in higher speed, eliminating charge leakage, and optimizing the performance of SOI-based devices, while ensuring minimal power consumption. On account of these properties, they are extensively used for producing various consumer electronics, microprocessors, radio frequency (RF) signal processors, biotechnological chips, and microelectromechanical systems (MEMS). At present, it is commercially available in fully and partially depleted silicon on insulator types.
Silicon on Insulator Market Trends:
One of the major factors driving the SOI market is the significant expansion in the electronics sector, along with the increasing demand for high-performance microelectronic and consumer electronic devices, including smartphones, notebooks, digital cameras, and desktops. In line with this, the incorporation of fully depleted silicon on insulators (FD-SOI) in various automobile solutions, such as advanced driver assistance systems (ADAS) and semi-autonomous driving systems, due to their thermos-mechanical robustness, operational safety, low-power consumption, and long-term reliability properties are acting as other major growth-inducing factors. Additionally, significant technological advancements, such as the large-scale integration of radio frequency silicon on insulator (RF-SOI) wafers into smartphones to hold cellular signals and receive an uninterrupted connection from multiple locations, are contributing to the market growth. Moreover, the rising need for low-power and affordable semiconductors and integrated circuits (IC) has facilitated the widespread adoption of SOI amongst the integrated device manufacturer (IDM) community, which is further propelling the market growth. Other factors, such as continuous investments in research and development (R&D) activities and frequent mergers and acquisitions (M&A) amongst key players to progress integrated circuit (IC) technology, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global silicon on insulator market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on wafer size, wafer type, technology, product and application.
Breakup by Wafer Size:
300 mm
200 mm
Breakup by Wafer Type:
FD-SOI
RF-SOI
PD-SOI
Others
Breakup by Technology:
Smart Cut
BESOI
SiMOX
ELTRAN
SoS
Breakup by Product:
RF FEM Products
MEMS Devices
Power Products
Optical Communication
Image Sensing
Breakup by Application:
Consumer Electronics
Automotive
Datacom and Telecom
Industrial
Photonics
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being GlobalWafers Co. Ltd. (Sino-American Silicon Products Inc.), GlobalFoundries Inc., Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., Shanghai Simgui Technology Co. Ltd., Shin-Etsu Chemical Co. Ltd., Silicon Valley Microelectronics Inc., Soitec, STMicroelectronics, SUMCO Corporation, Tower Semiconductor Ltd. and United Microelectronics Corporation.
Key Questions Answered in This Report
1. What was the size of the global silicon on insulator market in 2022?
2. What is the expected growth rate of the global silicon on insulator market during 2023-2028?
3. What has been the impact of COVID-19 on the global silicon on insulator market?
4. What are the key factors driving the global silicon on insulator market?
5. What is the breakup of the global silicon on insulator market based on the wafer size?
6. What is the breakup of the global silicon on insulator market based on the wafer type?
7. What is the breakup of the global silicon on insulator market based on technology?
8. What is the breakup of the global silicon on insulator market based on the product?
9. What is the breakup of the global silicon on insulator market based on the application?
10. What are the key regions in the global silicon on insulator market?
11. Who are the key players/companies in the global silicon on insulator market?
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook