Silicon on insulator (SOI) technology is recognized as a procedure where a thin layer of silicon is placed on top of an insulator, resulting in improved performance of silicon semiconductor devices at low operating voltages. SOI wafers find extensive application in the manufacturing of advanced electronic devices and are particularly relevant in integrated circuit technology across consumer electronics, automotive, and various other industries. The growing demand for high-performance electronic devices is expected to drive the market for SOI wafers in the coming years.
According to Data Bridge Market Research, the Silicon On Insulator Market accounted for USD 1.45 billion in 2022 and is expected to reach USD 4.50 billion by 2030, registering a CAGR of 15.20% during the forecast period of 2023 to 2030.
“Growing demand of 5G in mobile communications”
The increasing demand for improved mobile data, driven by the rise of 5G mobile communication, is a major driver for the silicon on insulator (SOI) market. With the introduction of 5G technology, data transmissions are significantly faster, leading to a boom in the telecommunications sector. Smartphones, which heavily rely on SOI-based devices, are at the forefront of this growth. The low latency, enhanced user experience, and high reliability offered by SOI devices are fueling their production and contributing to the expansion of the SOI market.
What restraints the growth of silicon on insulator market?
“Lacking the availability of intellectual property ecosystems”
The limited availability of remaining intellectual property ecosystems poses a significant constraint on the growth of the silicon on insulator (SOI) market. As the demand for SOI technology increases, the pool of available intellectual property (IP) for SOI becomes limited. This scarcity of IP ecosystems restricts the development and innovation in the SOI market, hindering the expansion of product offerings and potential advancements in the industry. It becomes crucial for companies to navigate and leverage the available IP resources effectively to overcome this restrain and drive market growth.
Segmentation: Silicon On Insulator Market
The silicon on insulator market is segmented on the basis of wafer type, wafer size, product, technology and application.
- On the basis of wafer type, the silicon on insulator market is segmented into fully depleted silicon on insulator (fd-soi), rf-soi, emerging-soi, partially depleted silicon on insulator (pd-soi).
- On the basis of wafer size, the Silicon on Insulator Market is segmented into 200mm, 300mm.
- On the basis of product, the silicon on insulator market is segmented into optical communication, rf fem, image sensing, memory device, rf soi, power, mems.
- On the basis of technology, the Silicon on Insulator Market is segmented into bonding, smart cut, epitaxial layer transfer (eltran), separation by implantation of oxygen (simox), silicon on sapphire (sos).
- On the basis of application, the silicon on insulator market is segmented into automotive, aerospace and defense, consumer electronics, entertainment and gaming, datacom and telecom, industrial, photonics and others.
Regional Insights: Asia-Pacific Dominates the Silicon On Insulator Market
Asia-Pacific leads the silicon on insulator market with a strong hold on revenue and market share. The region's success is driven by the rising demand for consumer electronics, along with substantial investments made in this sector. This growth is propelled by the increasing adoption of smartphones, digital cameras, and notebooks, which contribute to the expanding market size in Asia-Pacific.
North America is poised to exhibit the highest growth rate during the forecast period of 2023-2030. This projection is primarily attributed to the region's notable presence of major market players and the increasing number of applications for silicon on insulator technology in smartphones, digital cameras, and notebooks. The advanced technological infrastructure and significant investments in research and development further contribute to North America's growth prospects in the market..
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Recent Developments in Silicon On Insulator Market
- In 2021, Tower Semiconductor Ltd partnered with Cadence Design Systems, Inc. to introduce the silicon-validated SP4T RF-SOI switch reference design flow. This collaboration leverages RF Solution and Cadence Virtuoso Design Platform to expedite design closure for advanced wireline infrastructure, 5G wireless, and automotive IC product development. The reference design flow provides an efficient pathway for designers to bring innovative solutions to market.
- Similarly, in 2021, Global Wafers Co., Ltd. (GWC) entered into a contract with GLOBALFOUNDRIES to expand and manufacture 300 mm silicon-on-insulator (SOI) wafers at GWC's MEMC facility. This agreement allows for the scaling up of existing 200 mm SOI wafer production, meeting the increasing demand for SOI wafers. The contract strengthens GF's supply of silicon wafers in the U.S., supporting the growth of semiconductor manufacturing capabilities.
The Prominent Key Players Operating in the Silicon On Insulator Market Include:
- NXP Semiconductors (Netherlands)
- STMicroelectronics (Switzerland)
- Murata Manufacturing Co., Ltd. (Japan)
- Shin-Etsu Chemical Co., Ltd (Japan)
- IBM (U.S.)
- Skyworks Solutions, Inc. (U.S.)
- Silicon Valley Microelectronics, Inc. (U.S.)
- United Microelectronics Corporation (Taiwan)
- Global Wafers Japan Co. Ltd. (Japan)
- Virginia Semiconductor (U.S.)
- Siltronic (Germany)
- SUMCO CORPORATION (Japan)
- Tower Semiconductor (Israel)
Above are the key players covered in the report, to know about more and exhaustive list of Silicon on Insulator Market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Silicon On Insulator Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
