Press release
Powering Innovation: Market Strategies and Growth Potential in the Silicon On Insulator (SOI) Market
Silicon On Insulator (SOI) Market
The silicon on insulator (soi) market size is expected to see rapid growth in the next few years. It will grow to $3.11 billion in 2028 at a compound annual growth rate (CAGR) of 14.9%. The growth in the forecast period can be attributed to market expansion in asia-pacific region, growth in data centers, demand for higher performance devices, rise in augmented reality (ar) and virtual reality (vr), automotive electronics advancements.. Major trends in the forecast period include investments in r&d and innovation, green technology initiatives, quantum computing development, rise of wearable electronics, demand for energy-efficient devices..
Market Overview -
Silicon on insulator refers to a semiconductor device that includes layers of crystalline silicon separated from the bulk substrate by a layer of insulator. It is widely used in high-speed computer processing for greater performance and efficiency.
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Silicon On Insulators Market Thrives On Surging Demand For High-Speed Microprocessors
The increasing demand for high-speed microprocessors is driving the silicon on insulators market forward. A microprocessor refers to an integrated circuit that is the main unit of a computer that analyzes and completes data processing. Silicon on insulators is used in high-performance micro processing to maximize performance and efficiency. For instance, in 2022, according to a survey of 8,000 computer buyers conducted by 91mobiles, an India-based online mobile phone and computer marketplace, 72.6% of the respondents considered the processor and performance as the most important aspects while buying a computer. Additionally, in 2021, according to the Semiconductor Industry Association, a US-based trade association representing the semiconductor industry in the USA, the demand for semiconductor computer chips increased by 20% as compared to 2020, and the demand was expected to rise by 9% in 2022. As a result, the increasing demand for high-speed microprocessors for computers is driving the silicon-on-insulator market forward.
Competitive Landscape -
Major companies operating in the silicon on insulator (soi) market report are GlobalWafers Co. Ltd., GlobalFoundries Inc., Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., Shanghai Simgui Technology Co. Ltd., Shin-Etsu Chemical Co. Ltd., Silicon Valley Microelectronics Inc., Soitec S.A., STMicroelectronics N.V., SUMCO Corporation, IBM Corporation, Virginia Semiconductor Inc., Taiwan Semiconductor Manufacturing Company Limited, Qualcomm Technologies Inc., Qorvo Inc., Applied Materials Inc., ARM Holdings, ASML Holding N.V., Cree Inc., EV Group (EVG), Freescale Semiconductor Inc., Global Communication Semiconductors LLC, ON Semiconductor Corporation, Infineon Technologies AG, Intel Corporation, International Rectifier Corporation, Jazz Semiconductor Inc., Lattice Semiconductor Corporation, MagnaChip Semiconductor Corporation, Microsemi Corporation .
Technology Advancements In Silicon-On-Insulator Market
Technological advancements are a key trend gaining popularity in the silicon-on-insulator market. Major companies operating in the silicon-on-insulator market are introducing new products based on innovative technologies to sustain their position in the market. For instance, in May 2021, IBM, a US-based computer technology company, launched the world's first computer chip powered with 2-nanometer nanosheet technology. The new chip technology achieved 45% higher performance and 75% lower energy use as compared to the 7-nanometer node chips. These chips will also help reduce the carbon footprint of data centers. These cutting-edge 2 nm semiconductors can potentially quadruple cell phone battery life, dramatically speed up laptop operations, and let autonomous vehicles identify objects and react to them more quickly.
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Key Segments -
The silicon on insulator (soi) market covered in this report is segmented -
1) By Type: Fully Depleted Silicon On Insulator (Fd-SoI), Partially Depleted Silicon On Insulator (Pd- SoI), Power- SoI, Other Types
2) By Wafer Size: Less Than Or Equal To 200mm, 201mm And Above
3) By Technology: BESOI, SiMOX, Smart Cut, ELTRAN, SoS
4) By Application: Power Supplies, Consumer Electronics, Automotive, IT and Telecommunication, Aerospace and Defense, Industrial, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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