The SOI market is expected to be valued at USD 1,859.3 Million by 2022, growing at a CAGR of 29.1% between 2017 and 2022.
Seattle, WA -- (SBWIRE) -- 05/01/2017 -- Growth in the consumer electronics market, low wafer and gate cost, low operating voltage, and miniaturization of semiconductor devices are the key driving factors for the growth of the Silicon on Insulator (SOI) market.
Industry expert said, The SOI market is expected to be valued at USD 1,859.3 Million by 2022, growing at a CAGR of 29.1% between 2017 and 2022.
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Scope Of Analysis:
200 mm SOI wafers held the largest share of the SOI market in 2016. The market for these wafers is expected to grow at a high rate between 2017 and 2022. 200 mm wafers are mainly used for manufacturing RFSOI wafers, which are further used in smartphones for manufacturing antenna switches and other important components. Currently, virtually all the RF chips, including 2G, 3G, and 4G, are manufactured by using 200 mm SOI wafers.
RFSOI wafers accounted for the largest share of the SOI market in 2016. For data transmission over 2G, 3G, and 4G/LTE, mobile devices need a dedicated FEM. FEMs handle the transmission of signals between the transmitter and the antenna, and consist of multiple parts such as switches, power amplifiers, antenna tuning, power management units, and filters.
The computing and mobile segment accounted for the largest share of the overall SOI market in 2016. Power consumption is one of the burning issues faced by the computing and mobile segment.
APAC is expected to hold the largest share of the SOI market during the forecast period. The players in APAC are emphasizing on modernizing their plants and fab facilities with advanced technologies.
The countries such as China and Japan have the largest semiconductor manufacturing base, which is further helping the SOI market grow in this region. The increase in production facilities, rising demand for consumer electronics products, and continuous upgradation and improved efficiency of fab facilities are the key factors driving the growth of the SOI market in APAC.
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The key market players such as Soitec (France), Shin-Etsu (Japan), and GlobalWafers (Taiwan) are focusing on strategies such as new product launches, expansions, contracts, and collaborations to enhance their product offerings and expand their business.
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