Research Nester’s recent market research analysis on “Silicon on Insulator Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global silicon on insulator market in terms of market segmentation by wafer size, wafer type, technology, product, application, and by region.
Growing Adoption of 5G in Mobile Communication to Promote Global Market Share of Silicon on Insulator
SOI technology can be used to provide the fast and energy-efficient processors needed for 5G technology. The best option is SOI wafers because of their unique electrical and thermal characteristics, which make them ideal for high-performance, power-efficient systems like 5G base stations, mobile devices, and data centers. More than 58% of all smartphone sales are projected to be made by 5G-capable devices in 2023. Thus, the market growth is being driven by the increasing usage of 5G.
The United States had the most cities with 5G network access as of April 2023 with 503 cities, more than any other nation.
Some of the major growth factors and challenges that are associated with the growth of the global silicon on insulator market are:
Growth Drivers:
· Surging Adoption of IoT Devices
· Growing Demand for Electric Products
Challenges:
In order to construct the methods necessary for next-generation SOI technology and reduce the process' systematic mistakes, the complicated semiconductor manufacturing process creates challenges. Another problem with SOI has been circuit design, which calls for new technical approaches. This element could slow the market's expansion.
Also, factors such as self-heating effects in SOI wafer-based devices and lack of skilled labor force may hamper the market growth.
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By wafer type, the global silicon on insulator market is segmented into RF-SOI, FD-SOI, and PD-SOI. In 2021, the FD-SOI category has a share of 39.5% and is anticipated to grow significantly. The market is growing as a result of characteristics including high flexibility, straightforward implementation, low cost, decreased complexity, lower leak currents, and the ability to optimize power/performance trade-offs. A number of FD-SOI wafer producers are focusing on product launches and alliances with other businesses in the silicon-on-insulator sector in order to diversify their product portfolios and meet the growing demand for FD-SOI wafers. Beginning in August 2022, Google and Skywater Technology, a US foundry, will expand their open-source chip development efforts to a 90 nm FD-SOI technology.
By region, the Asia Pacific silicon on insulator market will hold the greatest share of 41.7%. One area of the SOI industry that is predicted to grow in the Asia Pacific region is the telecom sector. In 2021, there were 2,755 million mobile connection subscribers in Asia-Pacific, an 11% rise from the previous year. These elements are fueling market expansion in the area.
This report also provides the existing competitive scenario of some of the key players of the global silicon on insulator market which includes company profiling of NXP Semiconductors N.V., STMicroelectronics, Soitec, Caporus Technologies, Toshiba Materials Co., Ltd., TDK Corporation, Toshiba Electronic Devices & Storage Corporation, NTT Corporation, KYODO INTERNATIONAL INC and others.
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