FinFET Technology Market 2019 - 2024

Market Overview

The size of the FinFET Technology Market value is expected to be around USD 25.81 Billion by revenue, at the end of 2019. It is anticipated to grow at a CAGR of 40.4% to reach close to USD 196.85 Billion by the end of 2024 in the forecast period of 2019 - 2024.

Recent developments

A 5nm technology was developed by a Taiwan based company, Taiwan Semiconductor Manufacturing Co. Ltd., which was already in the design phase to fulfill the exponentially growing demand for computing power.

Market drivers and Restraints

The global FinFET technology market was majorly driven by the end-user market like smartphones and wearables. The rise in the demand for the miniaturized semiconductors and the increase in device performance in the end-user industries are the factors for the growth of the worldwide FinFET Technology Market. Moreover, the rising usage of smartphones and other smart devices across the globe is also fuelling the growth of this market.

An increase in the usage of smartphones & laptops, growing technology, and the advancements in the way of building them is creating opportunities in the global FinFET Technology Market. But the complexities involved in the designing of these FinFETs and self-heating issues when using them are the restraints that are challenging the growth of FinFET Technology business.

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Report Segmented as:

By technology segmentation

22nm
20nm
16nm
14nm
10nm
7nm
5nm
3nm

By product segmentation

CPU
SoC
FPGA
GPU
MCU
Network processor

By end-user segmentation

Smartphones
Computers & Tablets
Wearables
High-end networks
Automotive

Geographical Analysis

North America
Europe
Asia-Pacific
South America
Middle-East & Africa

In the regional analysis of the global FinFET Technology Market, North America is estimated to lead the industry because of the increasing flagship smartphone users and the advancements in AI (Artificial Intelligence), and machine learning. It is followed by Asia-Pacific and Europe, owing to the rapid urbanization and industrialization, mainly in countries like India, China, and Japan.

Key market players

Taiwan Semiconductor Manufacturing Co. Ltd.(Taiwan)
Intel Corporation(US)
Samsung Electronics Corporation Ltd.(South Korea)
GLOBAL FOUNDRIES (US)
Xilinx, Inc.(US)
Qualcomm Technologies Inc.(US)
ARM Limited(UK)
MediaTek, Incorporated(Taiwan)
Semiconductor Manufacturing International Corp.(China)
Atomera, Inc.(US)
Huawei Technologie Co. Ltd.(China)
Apple Inc.(US)
Broadcom Inc.(US)
NVIDIA Corp.(US)
United Microelectronics Corporation(Taiwan)
Advanced Micro Devices(AMD) Inc.(US)

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