Silicon on Insulator (SOI) Market worth $2.9 billion by 2027 - Exclusive Report by MarketsandMarkets™

2022-12-04 04:37:42 By : Mr. alex shui

CHICAGO , Dec. 2, 2022 /PRNewswire/ -- The global SOI market size is estimated to be USD 1.4 billion in 2022 and is projected to reach 2.9 billion by 2027, at a CAGR of 15.0% during the forecast period according to a new report by MarketsandMarkets™. The growing adoption of SOI wafer-based devices in automotive applications and rising demand for 5G in mobile communications play a key role in driving the growth of SOI market in near future.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=158 STM32G070CBT6

Silicon on Insulator (SOI) Market worth $2.9 billion by 2027 - Exclusive Report by MarketsandMarkets™

Browse in-depth TOC on "Silicon on Insulator (SOI) Market" 187 – Tables 74 – Figures 226 – Pages

Rising demand for wafers with larger diameters to drive 300 mm segment

The introduction of 300 mm SOI wafers has changed the SOI landscape. 200 mm wafers are already used in smartphones, while the increased adoption of 300 mm SOI wafers is also being observed worldwide. The 300 mm segment is expected to hold a larger share of the SOI market and record a higher CAGR. Further, increasing investment of the companies for the production capacity for 300 mm SOI wafers has also bolstered the growth of the market.

Automotive segment projected to grow at the highest CAGR

The SOI market for automotive applications is projected to grow at the highest CAGR during the forecast period. Market growth is attributed to initiatives by leading players in the SOI ecosystem, such as Soitec, to deploy FD-SOI and power-SOI wafer-based chips in autonomous vehicles, infotainment systems, and advanced driver-assistance systems (ADAS). Leading automotive manufacturers have also shown interest in using SOI-based chips in multiple applications and automotive networking protocols.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=158

Europe accounted for the largest share of the SOI market

Europe held the largest share of the SOI market in 2021. The continuously growing semiconductor industry in Europe is one of the prime factors for the growth of SOI. As stated by the World Economic Forum (September 2022 ), Europe's digital revolution is linked to the revival of the semiconductor sector, post its downfall during the pandemic. The European Union aims to expand its share of the global semiconductor sector from 9% to 30% by 2030. Evolving policy in the European Union and the US is encouraging. Furthermore, Europe's strong academic infrastructure implies that it is ideally positioned to power its digital breakthroughs with home-grown microchips.

Soitec (France ), Shin-Etsu Chemical (Japan ), GlobalWafers (Taiwan ), SUMCO Corporation (Japan ), Shanghai Simgui Technology (China ), GlobalFoundries (US), STMicroelectronics (Switzerland ), Tower Semiconductor (Israel ), NXP Semiconductors (Netherlands ), Murata Manufacturing (Japan ), are some of the key players in the SOI market.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=158

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Silicon Photonics Market by Product (Transceivers, Switches), Application (Data Center & High-performance Computing, Telecommunication), Waveguide, Component, and Geography (2021-2027)

Silicon Carbide Market by Device (SiC Discrete, SiC Bare Die, and SiC Module), Wafer Size, Application, Vertical (Power Electronics, Automotive, Telecommunications, and Energy & Power), and Geography (2021-2026)

System in Package Market by Packaging Technology (2D IC, 2.5D IC, 3D IC), Package Type (BGA, SOP), Packaging Method (Flip Chip, Wire Bond), Device (RF Front-End, RF Amplifier), Application (Consumer Electronics, Communications) - Global Forecast to 2023

Compound Semiconductor Market by Type (GaN, GaAs, SiC, InP), Product (LED, Optoelectronics, RF Devices, Power Electronics), Application (Telecommunication, General Lighting, Automotive, Consumer Devices, Power Supply) & Region - Global Forecast to 2027

Optical Interconnect Market by Product Category (Cable Assemblies, Connectors, Optical Transceivers), Interconnect Level, Fiber Mode, Data Rate, Distance, Application (Data Communication, Telecommunication), Region - Global Forecast to 2025

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Web Site: https://www.marketsandmarkets.com/ Research Insight: https://www.marketsandmarkets.com/ResearchInsight/global-silicon-on-insulator-market.asp Content Source: https://www.marketsandmarkets.com/PressReleases/soi-market.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

Silicon on Insulator (SOI) Market worth $2.9 billion by 2027 - Exclusive Report by MarketsandMarkets™

PIC32MX795F512L-80I/PF View original content:https://www.prnewswire.com/news-releases/silicon-on-insulator-soi-market-worth-2-9-billion-by-2027---exclusive-report-by-marketsandmarkets-301692351.html