Sarasota, FL -- (SBWIRE) -- 01/25/2018 -- Zion Market Research has published a new report titled "Silicon-on-Insulator (SOI) Market by Wafer Type (RFSOI, FDSOI and Others), by Technology (BESOI, ELTRAN, SoS, SiMOX and Smart Cut) by Product (RF FE, MEMS, Power, Optical and Others) Market for Automotive, Computing and Mobile, Entertainment and Gaming, Photonics, Telecommunications and Others Application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022". According to the report, the global Silicon on Insulator Market accounted for around USD 427.90 Million in 2016 and is expected to reach approximately USD 1945.89 Million by 2022, growing at a CAGR of 28.7% between 2017 and 2022.

Global Silicon-on-Insulator (SOI) market is primarily driven by significant growth of consumer electronics market. In addition, low operating voltage and high performance paired with miniaturization of semiconductor devices are expected to support the growth of Silicon-on-Insulator (SOI) market in near future. Furthermore, increasing demand for gaming consoles and a microprocessor, and demand from emerging countries in Asia Pacific is predicted to favor the growth of the market in years to come. On a contrary, floating body effect is expected to limit Silicon-on-Insulator (SOI) market growth. Nonetheless, application of SOI in IoT may disclose new avenues for Silicon-on-Insulator (SOI) in the years to come.

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Based on wafer type, global Silicon-on-Insulator (SOI) market is bifurcated into RFSOI, FDSOI, and others. BESOI, ELTRAN, SoS, SiMOX and smart cut are the technology segment of the market. Product segment is categorized into RF FE, MEMS, power, optical and others. RF FE is expected to be one of the most opportunist segments for SOI market. Based on application SOI market is categorized into automotive, computing and mobile, entertainment and gaming, photonics, telecommunications and others. In 2016, computing and mobile held the largest market share in SOI market.

North America emerged as dominating regional markets for Silicon-on-Insulator (SOI) market in 2016. The growth of this region is mainly attributed to low operating voltage and high performance. U.S. held the largest share in North America as well as world marketplace for SOI market. U.S. and Western Europe will be opportunist region for Silicon-on-Insulator (SOI) market Asia Pacific is expected to grow with the highest CADR during the analysis period due to massive demand from emerging countries. Latin America is expected to witness substantial growth owing to the significant demand for mobile application.

Some of the prominent player's operative in the Silicon-on-Insulator (SOI) market are Towerjazz, NXP Semiconductors N.V., Globalwafers Co., Ltd., Stmicroelectronics N.V., Skyworks Solutions, Inc. , Globalfoundries , Murata Manufacturing Co., Ltd. , Qorvo, Inc. , Sony Corporation, Magnachip Semiconductor, United Microelectronics Corporation and Qualcomm Inc amongst others.

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