Silicon on Insulator (SOI) Market by Wafer Size (200 mm and less than 200 mm, 300 mm), Wafer Type (RF-SOI, FD-SOI, Power-SOI, Emerging-SOI), Technology (Smart Cut), Product (MEMS Devices, RF FEM Products), Application and Region - Global Forecast to 2027

Silicon on Insulator (SOI) Market by Wafer Size (200 mm and less than 200 mm, 300 mm), Wafer Type (RF-SOI, FD-SOI, Power-SOI, Emerging-SOI), Technology (Smart Cut), Product (MEMS Devices, RF FEM Products), Application and Region - Global Forecast to 2027

The global SOI market size is estimated to be 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. The market has a promising growth potential due to several factors, such as silicon wastage prevention in thin-wafer manufacturing and establishment of facilities to enhance SOI production.

Silicon-on-insulator (SOI) is a fabrication technique for manufacturing SOI wafers, where semiconductor silicon is layered on top of an insulator, silicon dioxide. This technology uses silicon-insulator-silicon substrates in place of conventional silicon substrates to manufacture semiconductor wafers. Since the top semiconductor layer can be very thin, it becomes possible to implement doped diffusion regions that extend to the insulator underneath. SOI technology improves the performance of semiconductor devices owing to high processing speed, reduced junction capacitance, and low power consumption, ensuring minimal current leakage and high compatibility with conventional silicon processing.

“RF FEM: The largest product segment of the SOI market.”

In 2021, the RF FEM products segment held the largest share of the SOI market. The growth of the RF FEM products segment can be attributed to the rising demand for front-end modules in 5G technology and consumer electronic devices. A GSM Association report (The Mobile Economy) stated that 5G connection adoption had reached 8% of the total mobile connections in 2021. It is expected to reach ~25% by 2025, indicating strong growth potential.

“Smart cut technology: The largest segment of the SOI market, by technology“

In 2021, the smart cut technology segment held the largest share of the SOI market. The segment is also expected to record the highest CAGR during the forecast period. the rising demand for smart cut technology in manufacturing SOI wafers of/less than 200 mm and 300 mm is also driving the growth of this segment. Smart cut technology enables on-wafer thickness uniformity of ± 1 nm with overall distribution on all wafers. The technology is protected by more than 3,000 Soitec-owned or controlled patents.

The SOI market is dominated by a few globally established players such as Soitec (France), Shin-Etsu Chemical (Japan), GlobalWafers (Taiwan), SUMCO Corporation (Japan), Shanghai Simgui Technology (China), GlobalFoundries (US), STMicroelectronics (Switzerland), Tower Semiconductor (Israel), NXP Semiconductors (Netherlands), and Murata Manufacturing (Japan)

The study includes an in-depth competitive analysis of these key players in the SOI market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the SOI market and forecasts its size, by volume and value, based on region (Asia Pacific, Europe, and North America), wafer size (200 mm, less than 200 mm, and 300 mm), wafer type (Radiofrequency (RF-SOI), fully depleted (FD-SOI), partially depleted (PD-SOI), power-SOI, and emerging-SOI), technology (Smart cut, bonding SOI, and layer transfer SOI), product (RF FEM products, MEMS devices, power products, optical communication, and image sensing), application (Consumer electronics, automotive, datacom & telecom, military, defense, aerospace, and industrial applications).

The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the SOI market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Key Benefits of Buying the Report:

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the SOI market and provides them information on key market drivers, restraints, challenges, and opportunities.