27 June 2019 – The Global Silicon on Insulator (SOI) Market is anticipated to witness an exponential growth in the forecast period. Silicon on insulator (SOI) technology implies a layered form of the substrate that has silicon-insulator-silicon as its layers as a substitute of conventional silicon substrates in the semiconductor industry, particularly microelectronics, to improve performance.
Factors such as surge in use of SOI wafers in advanced devices such as tablets, smartphones, wearables, and earphones/headphones. Furthermore, while manufacturing thin wafers, the use of SOI technology stops the wastage of silicon, which decreases the price of semiconductor devices. Hence, the real use of silicon during the manufacture of thin SOI wafers are likely to drive the silicon on insulator (SOI) market in the forthcoming period.
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Silicon on insulator (SOI) market could be explored by wafer size, wafer type, product type, application, technology, and geography. Market could be explored by wafer size as 300 mm and 200 mm. The “300-mm wafer” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come. The key factors that could be attributed to the growth of the market include Wafer and foundry companies are increasing their capacity for producing 300-mm wafers.
APAC is a leading region in the market. It is likely to maintain its dominance in the forecast period owing to factors, such as the presence of a huge number of consumer electronic corporations, smartphone manufacturers, and progressive ICT technology providers, and foundry and wafer players in APAC. APAC is followed by North American and the European region owing to the increasing demand for SOI is attributed to their application in digital cameras, mobile phones, notebooks, and other such electronic devices.
Leading players operating in the silicon on insulator (SOI) market include Freescale Semiconductor Inc., Applied Materials Inc., ARM Holdings PLC, Global Wafers Co., Ltd., GlobalFoundries, Murata Manufacturing, IBM Corporation, Sony Corporation, and NXP Semiconductors. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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