Silicon on Insulator Market worth USD 5,946.2 million by 2030

The Market Statsville Group (MSG) publishes the new report on the "Silicon on Insulator Market by Wafer Size Outlook (200 MM and 300 MM), by Wafer Type (RF-SOI, FD-SOI, PD-SOI, Power-SOI, and Emerging-SOI), by Technology (Smart Cut, Bonding SOI, and Layer Transfer SOI), by Product (RF FEM Products, MEMS Devices, Power Products, Optical Communication, and Image Sensing), by Application (Consumer Electronics, Automotive, Datacom & Telecom, Industrial, and Military, Defense, and Aerospace), by Region – Global Share and Forecast to 2030".

The global silicon on insulator market size is projected to grow at a CAGR of 20.5% to reach USD 5,946.2 million by 2030 from USD 1110.1 million in 2021. SOI technology offers significant advantages in the design, fabrication, and performance of semiconductor devices. Due to a rapidly expanding demand for silicon-on-insulator (SOI) wafers, companies are investing heavily in SOI wafer production facilities. In 2019, Okmetic, one of the leading suppliers of SOI wafers for MEMS manufacturing, invested over 10 million euros in its Vantaa plant as part of its growth and investment program. The silicon wafer manufacturer is mainly targeting to double the company's SOI production capacity as the demand for SOI wafers is expected to continue strong. With the aid of the investment program, Okmetic strives to ensure sufficient capacity for the next few years to support its customers’ business. In such a similar instance, GLOBALFOUNDRIES and Chengdu partner to expand the FD-SOI ecosystem in China. The company is also investing more than $100M to establish a center of excellence for FDX™ FD-SOI design. The is expected to attract leading semiconductor companies to China, making it a center of excellence for designing next-generation chips in mobile, automotive, Internet-of-Things (IoT), and other high-growth markets.

Global Silicon on Insulator Market Segmentation

The overall silicon on insulator market has been segmented into the wafer size, wafer type, technology, product, application, and region.

• By Wafer Size (200 MM and 300 MM)
• By Wafer Type (RF-SOI, FD-SOI, PD-SOI, Power-SOI, and Emerging-SOI)
• By Technology (Smart Cut, Bonding SOI, and Layer Transfer SOI)
• By Product (RF FEM Products, MEMS Devices, Power Products, Optical Communication, and Image Sensing)
• By Application (Consumer Electronics, Automotive, Datacom & Telecom, Industrial, and Military, Defense, and Aerospace)
• By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa)

RF-SOI, by wafer type, holds the largest market share in 2021

The silicon on insulator market by wafer type is categorized into RF-SOI, FD-SOI, power-SOI, PD-SOI, and emerging-SOI. The RF-SOI segment among the wafer type generated the highest revenue in the global silicon on insulator market. The segment had over 32.0% of the market share in 2021. ST Microelectronics introduced the very first RF-SOI technology called H9SOI back in 2008. RF-SOI is the RF version of silicon-on-insulator (SOI) technology. It is a specialized process used to make select RF chips, such as switch devices and antenna tuners, for smartphones and other products. The demand for RF components in modern telecommunication devices is the major factor driving the RF-SOI segment in the global silicon on insulator market. The RF front-end modules are majorly used in cell phones. According to the latest data from GSMA Intelligence, there are around 5.19 billion unique cell phone users in the world as of January 2020. The number of unique cell users around the world grew by 124 million in the past 12 months. Furthermore, the number of frequency bands in wireless networks has increased in the past few years. The currently available LTE network works on 44 different frequency bands depending upon the country.

Moreover, the development of 5G technology is anticipated to add more frequency bands for use. In order to deal with the complexity of these bands as well as other issues, OEMs are adding more RF components into their devices. This increasing complexity of the telecommunication frequency bands is projected to boost the demand for the RF-SOI in the global silicon on the insulator market.

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Asia Pacific accounts for the largest market share in silicon on insulator market in 2021

Based on the regions, the global silicon on insulator market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, Asia Pacific had the largest market share of 45.1% in the global silicon on insulator market. The semiconductor industry in China has shown an upward trend for the last ten years. Moreover, as silicon wafers are widely used to making smartphones, the introduction of 5G technology is anticipated to boost the sales of 5G smartphones. For instance, the Fangshan government and China Mobile, the country’s largest mobile operator, has already outfitted a 10Km road with 5G towers.

The countries in the region such as China and India have been witnessing rapid urbanization, which, in turn, is spurring the usage of silicon on insulator. In addition, currently, people are inclined to buy luxury products, which further provides huge scope for the silicon on insulator market during the forecast period.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the silicon on insulator market. It also consists of the profiles of leading companies such as NXP Semiconductor, Soitec, Global Wafers Co., Ltd., Shin-Etsu Chemical Co., Ltd, Magnachip Semiconductor Corporation, Tower Semiconductor Ltd., Shanghai Simgui Technology Co., Ltd., STMicroelectronics N.V., Murata Manufacturing Company, Ltd., and Sumco Corporation.

Browse complete report: https://www.marketstatsville.com/silicon-on-insulator-market

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