Categories: Electronics And Semiconductor
The global Silicon-on-Insulator (SOI) market was valued at 771.9 Million USD in 2020 and will grow with a CAGR of 17.93% from 2020 to 2027
Silicon-On-Insulator (SOI) is a semiconductor fabrication technique developed by IBM that uses pure crystal silicon and silicon oxide for integrated circuits (ICs) and microchips. An SOI microchip processing speed is often 30% faster than today`s complementary metal-oxide semiconductor (CMOS)-based chips and power consumption is reduced 80%, which makes them ideal for mobile devices. SOI chips also reduce the soft error rate, which is data corruption caused by cosmic rays and natural radioactive background signals.SOI, as the name suggests, consists of a top thin layer of silicon and a bottom thick layer of silicon. An insulator material such as silicon dioxide (SiO2) is placed between these two layers. SOI offers high performance, low power consumption, and high speed compared to traditional silicon wafers. All these factors make it an ideal choice for portable applications such as mobile phones, portable digital assistants (PDAs), notebooks, digital cameras, and others. These wafers were developed in the 1960s for defense and military applications, and the commercialization of these wafers took place gradually The growth of this market is propelled by the growth in the consumer electronics market, low wafer and gate cost, low operating voltage, and miniaturization of semiconductor devices.
The latest report of the global Silicon-on-Insulator (SOI) industry is projected to exhibit a healthy market expansion during the forecast period of 2021 to 2028. The research report provides a thorough analysis of the market which helps entrepreneurs, stakeholders, and field, marketing people. The research report includes a coherent knowledge of prominent competency of the different activities affected due to the technology revolution. Additionally, the determination of different intangible components such as gross margin, profit demand and supply, customer expenditure, and distribution channel.
The global Silicon-on-Insulator (SOI) market is set to register a significant market expansion during the forecast period owing to the growing popularity in recent years. Prominently the report evaluates the market with advanced research methodologies. Moreover, the research specifies the market share occupied by the major players and offers a comprehensive examination of the increasing investment pocket in the global market. However, the stringent regulatory regulations and fluctuating raw material prices is expected to restrain the growth of the global Silicon-on-Insulator (SOI) market during the review period.
With the expanding number of COVID-19 diseases universally, limitations on various development on Silicon-on-Insulator (SOI) market are expanding. As the worldwide economy battles with the pandemic circumstance, its effect on the worldwide exchange and store network is becoming inferable from the quick debilitating of worldwide speculation streams. Severe regulation measures forced by administrations of different nations and preventive measures to control the impact of the incidence have prompted a critical limitation in transportation, driving a thump on impact internationally. This is encouraging an interest and supply hole, consequently bringing about diminished creation of stress help supplements. This pattern is required to keep inferable from the vulnerability in the worldwide Silicon-on-Insulator (SOI) market and measures to address the inventory/request lop-sidedness.
The global Silicon-on-Insulator (SOI) market has been divided into the collection of segments in terms of product type, application, and consumer preference.
The determination of the different segments is useful in getting clarity about the growth areas and viable opportunities in the Silicon-on-Insulator (SOI) market for the forecast period, 2021 to 2028. Based on Product type the global market has been classified into 300 mm SOI, Small Diameters.
In terms of the application segment, the global market has been categorized into Automobile and Smart Industry, Consumer Electronic.
Geographically, the report on the Silicon-on-Insulator (SOI) Market has been classified into Asia-Pacific, North America, Europe, and the rest of the world. Moreover, the increasing requirement for the development of modernization of Silicon-on-Insulator (SOI) implements is anticipated to create lucrative opportunities for the market during the review period.
The players accounted for a major company share in the global Silicon-on-Insulator (SOI) market owing to their huge production facilities, global revenue base, accessibility of raw materials (mineral reserves), and global distribution network. Furthermore, the adoption of various market plans of actions such as R&D, winning strategies, agreements, partnerships, joint ventures, and product launches is evaluated to benefit these players increase maximum revenue, and long-term advancement during the forecast period. The major players in the global Silicon-on-Insulator (SOI) market include Soitec SA, Shin-Etsu Chemical, SunEdison .
Historical Data:2017 - 2019
No of Pages:100