Silicon-on-Insulator (SOI) Market - Forecasts from 2020 to 2025

Silicon-on-Insulator (SOI) Market - Forecasts from 2020 to 2025

The global silicon on insulator (SOI) market was valued at US$962.476 million in 2019 and is expected to grow at a CAGR of 16.47% over the forecast period to reach US$2,402.061 million in 2025. The major factors driving the global silicon on insulator market growth include rising incorporation of 5G technology majorly in the developing economies of the globe. The growing internet penetration has been a major factor for the budding investments in the 5G technology which is anticipated to further augment the demand for new interface and component technologies, thereby positively impacting the demand for silicon on insulator (SOI). The burgeoning adoption of SOI wafers across the consumer electronics industry is also projected to be one of the important factors driving the market growth, as the adoption of smart appliances and connected appliances along with the investments in home automation, especially in the developed economies, is further widening up the opportunities for the market growth in the near future.


However, the availability of substitute technology is anticipated to hamper the market growth in the coming years. Furthermore, the recent advent of the novel coronavirus globally is also anticipated to be a major factor, specifically, in 2020 as various government measures has led to a temporary halt in the manufacturing activities of the various end-user industries such as automotive and consumer electronics.


Rising Incorporation of 5G technology is anticipated to be the prime driver for market growth.


The growing internet penetration coupled with rapid advancements in wireless technology is expected to propel the market growth during the coming years. The growing number of internet users globally is further leading to budding investments by the service providers for the development of faster and advanced services in order to meet the requirement of the users by providing better services and gain an advantage over other providers. For instance, in 2010 there were only 28.73% people across the globe were using the internet, and this number increased to 48.56% by 2017 (Source: The World Bank Group). A rising trend is expected to continue during the coming years, which will further snowball the demand for fast and high-speed internet. Budding investments for the deployment of 5G technology is further expected to drive the growth of the market during the next six years. Moreover, 5G is expected to operate on much higher frequencies which is further anticipated to the adoption of new interface and component technologies.


Also, numerous policies framed by the government of various countries for the production of numerous components for electronics and 5G components manufacturing is also driving the global silicon on insulator market growth throughout the forecast period. For instance, in March 2019, the French Government signed a strategic committee contract for the electronics industries sector and launched The Nano 2022 Industrial Development Programme. This is an initiative taken to boost the investment in the R&D and production of new generation electronic components, and 5G communications among others, and an investment of €5 billion is projected during the next 4 years.


Simultaneously, the participation of key market players in the form of R&D investments, product launches further shows the potential for the market to grow in the coming years. For example, in September 2017, GlobalFoundries announced its first RF SOI solution manufactured in 300mm wafers for its applications in 4G LTE and 5G applications, and the company also announced on February 2019 that this technology platform has delivered more than billion dollars of client design win revenue since the launch of this technology, which also shows the potential for the market to grow during the coming years.


RF-SOI market is projected to grow rapidly


By product, the silicon on insulator market is segmented as RF-SOI, PD-SOI, FD-SOI, power SOI, and others. The market for the RF-SOI is expected to surge over the forecast period owing to the increasing demand from the consumer electronics sector and the networking applications to enhance the capabilities of technologies such as mmWave and 5G among others.



The growing usage of silicon wafers in PD-SOI (Partially depleted) to support the fabrication and development of microprocessors, due to the rising usage in different electronics and semiconductor applications.


In addition, the FD-SOI segment is expected to hold a significant share over the forecast period owing to the burgeoning demand of advanced and enhanced devices from various end-user industries for catering to the various ultra-low-power applications such as FDSOI MOSFETS and multi-gate MOSFETS to aid in the development of electronics industry


Asia Pacific is estimated to hold a significant share in the market


By geography, the silicon on insulator market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Asia Pacific is estimated to hold a significant share of in 2019 and is anticipated to grow at a rapid pace as a result of rising investment in smartphone and telecommunication manufacturing in the region. Simultaneously, the growing focus by the government of the United States to promote domestic manufacturing is anticipated to push the market growth in the country while the European market is projected to grow at a steady pace during the forecast period.



The RF-SOI market in Asia Pacific is projected to grow at a rapid rate as major smartphone manufacturing starts incorporating 5G technology. In fact, Toshiba Electronic Device & Storage Corporation launched “TaRF11” in February 2020 – its latest generation of RF-SOI that has been specifically optimized for RF switches and low noise amplifiers in 5G mobile devices.


Segmentation:



By Wafer Size


Less than 200mm

200mm

300mm


By Technology


Smart Cut

Bonding

Layer Transfer


By Product


RF-SOI

PD-SOI

FD-SOI

Power-SOI

Others


By End-User Industry


Consumer Electronics

Automotive

Telecommunication

Military and Defense

Others


By Geography


North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

UK

Spain

Others

Middle East and Africa

Israel

Saudi Arabia

Others

Asia Pacific

Japan

China

India

South Korea

Others


1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Market Opportunities
4.4. Porters Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of New Entrants
4.4.4. Threat of New Substitutes
4.4.5. Competitive Rivalry in the Industry
4.5. Industry Value Chain Analysis
5. SILICON ON INSULATOR MARKET ANALYSIS, BY WAFER SIZE
5.1. Introduction
5.2. Less than 200 mm
5.3. 200 mm
5.4. 300 mm
6. SILICON ON INSULATOR MARKET ANALYSIS, BY TECHNOLOGY
6.1. Introduction
6.2. Smart Cut
6.3. Bonding
6.4. Layer Transfer
7. SILICON ON INSULATOR MARKET ANALYSIS, BY PRODUCT
7.1. Introduction
7.2. RF-SOI
7.3. PD-SOI
7.4. FD-SOI
7.5. Power-SOI
7.6. Others
8. SILICON ON INSULATOR MARKET ANALYSIS, BY END-USER INDUSTRY
8.1. Introduction
8.2. Consumer Electronics
8.3. Automotive
8.4. Telecommunication
8.5. Military and Defense
8.6. Others
9. SILICON ON INSULATOR MARKET ANALYSIS, BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. North America Silicon on Insulator Market, By Wafer Size
9.2.2. North America Silicon on Insulator Market, By Technology
9.2.3. North America Silicon on Insulator Market, By Product
9.2.4. North America Silicon on Insulator Market, By End-User Industry
9.2.5. By Country
9.2.5.1. United States
9.2.5.2. Canada
9.2.5.3. Mexico
9.3. South America
9.3.1. South America Silicon on Insulator Market, By Wafer Size
9.3.2. South America Silicon on insulator Market, By Technology
9.3.3. South America Silicon on Insulator Market, By Product
9.3.4. South America Silicon on Insulator Market, By End-User Industry
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.2. Argentina
9.3.5.3. Others
9.4. Europe
9.4.1. Europe Silicon on Insulator Market, By Wafer Size
9.4.2. Europe Silicon on Insulator Market, By Technology
9.4.3. Europe Silicon on Insulator Market, By Product
9.4.4. Europe Silicon on Insulator Market, By End-User Industry
9.4.5. By Country
9.4.5.1. Germany
9.4.5.2. France
9.4.5.3. United Kingdom
9.4.5.4. Spain
9.4.5.5. Others
9.5. Middle East and Africa
9.5.1. Middle East and Africa Silicon on insulator Market, By Wafer Size
9.5.2. Middle East and Africa Silicon on Insulator Market, By Technology
9.5.3. Middle East and Africa Silicon on Insulator Market, By Product
9.5.4. Middle East and Africa Silicon on Insulator Market, By End-User Industry
9.5.5. By Country
9.5.5.1. Israel
9.5.5.2. Saudi Arabia
9.5.5.3. Others
9.6. Asia Pacific
9.6.1. Asia Pacific Silicon on Insulator Market, By Wafer Size
9.6.2. Asia Pacific Silicon on Insulator Market, By Technology
9.6.3. Asia Pacific Silicon on Insulator Market, By Product
9.6.4. Asia Pacific Silicon on Insulator Market, By End-User Industry
9.6.5. By Country
9.6.5.1. Japan
9.6.5.2. China
9.6.5.3. India
9.6.5.4. South Korea
9.6.5.5. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. COMPANY PROFILES
11.1. SOITEC
11.2. GlobalWafers Co., Ltd.
11.3. Sumco Corporation
11.4. GlobalFoundries
11.5. STMicroelectronics
11.6. NXP Semiconductor
11.7. Shin- Etsu Chemical Co., Ltd.
11.8. Qorvo, Inc.
11.9. Shanghai Simgui Technology Co., Ltd.

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