Silicon On Insulator Market [2023-2031] Share, Size, Growth, Key Vendors, Trends, Analysis, Segmentation

The global silicon on insulator market size was US$ 1108.1 million in 2021. The global silicon on insulator market is forecast to grow to US$ 5,931.2 million by 2030 by registering a compound annual growth rate (CAGR) of 18.5% during the forecast period from 2022 to 2030.

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A single layer of crystalline silicon is used to create a silicon-on-insulator (SOI), which is sandwiched between a thin insulator layer and the bulk substrate. They are frequently utilized in advanced complementary metal-oxide semiconductors and micro-electromechanical systems (MEMS).

Factors Influencing the Market
Numerous sectors can benefit from silicon on insulator's manufacturing solutions, which lower power and heat output while boosting a device's speed and performance. The wide applications of silicon on an insulator in consumer electronics, automotive, industrial, etc., are forecast to drive the growth of silicon in insulator market during the study period.
Due to their association with a high-resistivity base substrate, FD-SOI can combine low loss, low crosstalk, and high linearity components with high switching frequency capabilities. The combination of mmWave transceivers, high-performance digital blocks, and front-end module components, including switches, power amplifiers, and low-noise amplifiers, enables unique RF system-on-chip (SoC) devices for the next generation of wireless communication. Thus, such advancements are expected to benefit the market during the study period.
On the flip side, the high cost of the SOI wafers may limit the market growth during the study period.

COVID-19 Impact Analysis
The whole semiconductor industry has been affected by the COVID-19 pandemic. Due to the sudden drastic effect of the disease, the global economy witnessed significant loss. Manufacturing companies also registered losses as most of the electronic parts are sourced from China. These raw materials include PCBs, LED chips and wafers, ICs, etc. Thus, the global silicon on the insulator market recorded a sharp decline in terms of revenue.

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Regional Analysis
The Asia-Pacific silicon on insulator market is forecast to record significant growth due to growing government support in the form of policies like 'Made in China 2025' and 'Made in India.' Further, other strategic moves by companies to build high-end precision manufacturing capabilities will also contribute to the growth of the silicon on insulator market during the forecast period.
North America will record potential growth due to the growing contribution of the United States. Growing innovations in the automotive sector of the region will open doors of opportunities for silicon on insulator market during the forecast period.

Competitors in the Market
• NXP Semiconductor
• Shin-Etsu Chemical Co., Ltd
• Soitec
• Global Wafers Co., Ltd.
• Tower Semiconductor Ltd.
• Magnachip Semiconductor Corporation
• Murata Manufacturing Company, Ltd.
• Shanghai Simgui Technology Co., Ltd.
• STMicroelectronics N.V.
• Sumco Corporation
• Other Prominent Players

The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.

As of the end of 2022, the Silicon On Insulator industry experienced notable growth in its workforce. Starting in January, employment within the Silicon On Insulator sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Silicon On Insulator output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector's production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.

Forecasts indicate that the global Silicon On Insulator output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Silicon On Insulator market, remains both its largest producer and consumer. Remarkably, China's market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation's GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Silicon On Insulator market.

Market Segmentation
The global silicon on insulator market segmentation focuses on Wafer Size, Wafer Type, Technology, Product, Application, and Region.
By Wafer Size Outlook
• 200 MM
• 300 MM

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By Wafer Type Outlook
• RF-SOI
• FD-SOI
• PD-SOI
• Power-SOI
• Emerging-SOI
By Technology Outlook
• Smart Cut
• Bonding SOI
• Layer Transfer SOI
By Product Outlook
• RF FEM Products
• MEMS Devices
• Power Products
• Optical Communication
• Image Sensing
By Application Outlook
• Consumer Electronics
• Automotive
• Datacom & Telecom
• Industrial
• Military, Defense, and Aerospace
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America

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Table of Contents:

Chapter 1: Introduction to the Global Silicon On Insulator Industry

Chapter 3: Dynamics of the Market

Chapter 4: Profiles of Leading Companies

Chapter 5: Competition in the Global Silicon On Insulator Market among Players

Chapter 6: Market Size across Global Regions

Chapter 7: Application Segments in the Global Market

Chapter 8: Segment Analysis of the Global Silicon On Insulator Industry

Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers

Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders

Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors

Chapter 12: Evaluation of Market Impact Factors

Chapter 13: Forecasted Global Silicon On Insulator Market Size (2023-2031)

Why is our study consequential?

Our study holds paramount importance for various reasons, a few of which include:

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• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.

• Analyzing market trends to aid businesses in devising adaptive strategies.

• Guiding businesses in the optimal placement of their products.

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