Silicon-On-Insulator (SOI) Market Size, Share, Trends and Forecast, 2028

Silicon-on-Insulator (SOI) Market Overview                                         

The global Silicon-On-Insulator (SOI) market accounted for USD 1439.9 Million in 2020 and is expected to reach USD 3463.9 Million by 2028, growing at a CAGR of 10.8% from 2021 to 2028.      

Miniaturization of semiconductor equipment coupled with low operating voltage and high performance is expected to promote the growth of Silicon-On-Insulator (SOI) market in near future. Apart from this, massive demand from gaming consoles & microprocessors and widespread application in consumer electronics will further proliferate silicon on insulator market size. Low access to the intellectual property ecosystem, however, is anticipated to result in a decline/ decimation of silicon on insulator market revenue in the years to come. Nonetheless, the prolific use of silicon on an insulator in the IoT sector along with its growing popularity in APAC is projected to lure more investments across silicon on the insulator market, thereby normalizing the impact of hindrances on the Silicon-On-Insulator (SOI) market.

Global Silicon-on-Insulator (SOI) market is primarily driven by significant growth of consumer electronics market. In addition, low operating voltage and high performance paired with miniaturization of semiconductor devices are expected to support the growth of Silicon-on-Insulator (SOI) market in near future. Furthermore, increasing demand for gaming consoles and a microprocessor, and demand from emerging countries in Asia Pacific is predicted to favor the growth of the market in years to come. On a contrary, floating body effect is expected to limit Silicon-on-Insulator (SOI) market growth.  Nonetheless, application of SOI in IoT may disclose new avenues for Silicon-on-Insulator (SOI) in the years to come.

Based on wafer type, global Silicon-on-Insulator (SOI) market is bifurcated into RFSOI, FDSOI, and others. BESOI, ELTRAN, SoS, SiMOX and smart cut are the technology segment of the market. Product segment is categorized into RF FE, MEMS, power, optical and others. RF FE is expected to be one of the most opportunist segments for SOI market. Based on application SOI market is categorized into automotive, computing and mobile, entertainment and gaming, photonics, telecommunications and others. In 2016, computing and mobile held the largest market share in SOI market.

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COVID-19 Impact Analysis:

The lockdowns imposed by various countries to contain the spread of Covid-19 has impacted the global operations. The COVID-19 pandemic has impacted the sales of Silicon-On-Insulator (SOI) wafers globally. However, it has created drivers, opportunities, as well as challenges for the players present in the ecosystem. For instance, companies offering SOI-based solutions such as autonomous and electric vehicles have been impacted the most due to COVID-19, as the sale was declined amid the pandemic. Various scenarios have been analyzed based on inputs from various secondary sources and the current data available about the situation.

Growth Factors

Effective use of silicon during the manufacturing of thin SOI wafers and low operating voltage and high performance of SOI-based devices are several factors expected to contribute to the expansion of the Silicon-On-Insulator (SOI) market across the world. The flourishing microcircuit (IC) industry, expanding SOI ecosystem in the Asia Pacific, and increasing use of SOI in IoT applications act as growth opportunities for the Silicon-On-Insulator (SOI) market Furthermore, emerging economies are projected to create profitable growth avenues for the Silicon on Insulator market as compared to developed nations with advanced infrastructural facilities.

Report Scope:

Segment Analysis Preview

Based on wafer type, the global Silicon-on-Insulator (SOI) market is bifurcated into RFSOI, FDSOI, and others. BESOI, ELTRAN, SoS, SiMOX, and smart cut are the technology segment of the market. The product segment is categorized into RF FE, MEMS, power, optical, and others.

Based on application Silicon-On-Insulator (SOI) market is categorized into automotive, computing and mobile, entertainment and gaming, photonics, telecommunications, and others. The regional segmentation comprises the current and estimates demand for Europe, Asia Pacific, North America, Latin America, and Middle East & Africa.

North America emerged as dominating regional markets for Silicon-on-Insulator (SOI) market in 2016. The growth of this region is mainly attributed to low operating voltage and high performance. U.S. held the largest share in North America as well as world marketplace for Silicon-on-Insulator (SOI) market. U.S. and Western Europe will be opportunist region for Silicon-on-Insulator (SOI) market Asia Pacific is expected to grow with the highest CADR during the analysis period due to massive demand from emerging countries. Latin America is expected to witness substantial growth owing to the significant demand for mobile application.

Regional Segment Analysis Preview

Regionally, North America has been leading the worldwide silicon on insulator market and is anticipated to continue on the dominant position in the years to come, states the Silicon-On-Insulator (SOI) market study. Increasing demand for computing, gaming consoles, microprocessors, and mobile applications is the main factor behind the dominance of the North America Silicon-On-Insulator (SOI) market. The high number of market players being headquartered in North America is another significant factor that is supporting this regional Silicon-On-Insulator (SOI) market.

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Key Market Players & Competitive Landscape

Key players included in the report are:

•  Globalwafers Co.
• Stmicroelectronics N.V.
• Skyworks Solutions, Inc.
• Globalfoundries 
• Murata Manufacturing Co., Ltd.
• Qorvo, Inc.
• Sony Corporation
• Magnachip Semiconductor
• Towerjazz
• NXP Semiconductors N.V.
• United Microelectronics Corporation amongst others.

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The global Silicon-On-Insulator (SOI) market is segmented as follows:   

By Wafer Type

• FDSOI
• RFSOI
• Others

By Technology

• BESOI
• SiMOX
• Smart Cut
• ELTRAN
• SoS

By Application

• Automotive
• Entertainment and Gaming
• Photonics
• Telecommunications
• Computing and Mobile
• Other Applications

By Product

• RF FE
• Power
• Optical
• MEMS
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa