Global Silicon on Insulator (SOI) Market 2019-2023
About this market
Many semiconductor vendors do not own fabrication facilities. As a result, they outsource the expensive process of manufacturing semiconductors to foundries and dedicated wafer providers. This helps them to cut down on operational costs, capital investments, and the complexities associated with the manufacturing process. Technavio’s analysts have predicted that the global silicon on insulator (SOI) market will register a CAGR of almost 25% by 2023.
The need for low-power and semi-conductor solutions
There is an increase in the demand for chipsets in low-power computing applications. This is resulting in an increased adoption of SOI wafers for manufacturing chipset.
Challenges associated with sub-20 nm SOI design
Most of the foundry customers are scaling the below 28 nm SOI process node technology, which makes the fabrication process more difficult and expensive.
For the detailed list of factors that will drive and challenge the growth of the global silicon on insulator (SOI) market during 2019-2023, view our report.
The market appears to be fragmented with the presence of many companies. Factors such as the need for low-power and semi-conductor solutions and outsourcing of manufacturing processes, will provide considerable growth opportunities to silicon on insulator (SOI) market vendors. GlobalWafers, Shanghai Simgui Technology, Shin-Etsu Chemical, Soitec, and SUMCO are some of the major companies covered in this report.
Technavio Announces the Publication of its Research Report – Global Silicon on Insulator (SOI) Market 2019-2023
Technavio recognizes the following companies as the key players in the global silicon on insulator (SOI) market: GlobalWafers, Shanghai Simgui Technology, Shin-Etsu Chemical, Soitec, and SUMCO.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the outsourcing of manufacturing processes.”
According to the report, one driver influencing this market is the need for low-power and semi-conductor solutions.
Further, the report states that one challenge affecting this market is the challenges associated with sub-20 nm SOI design.
Shanghai Simgui Technology
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