Press release
Fin Field-Effect Transistor (FinFET) Technology Market New Trends, Growth Opportunities, Top Players And Forecast To 2033
Fin Field-Effect Transistor (FinFET) Technology Market Share
As per the report, the field-effect transistor (FinFET) technology market size has grown exponentially in recent years. It will grow from $26.34 billion in 2023 to $31.89 billion in 2024 at a compound annual growth rate (CAGR) of 21.1%. The field-effect transistor (FinFET) technology market size is expected to see exponential growth in the next few years. It will grow to $69.25 billion in 2028 at a compound annual growth rate (CAGR) of 21.4%.
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Growing Mobile And Consumer Electronics Drive The Growth Of FinFET Technology Market
The growing mobile and consumer electronics are expected to propel the growth of the FinFET technology market going forward. Consumer electronics refers to any electronic product designed for daily, non-commercial, or professional use by consumers. A mobile device is an electronic device that can be easily carried by an individual and is designed to operate without a physical connection. The mobile and consumer electronics industry is constantly evolving and expanding due to increasing connectivity, evolving consumer preferences, and demand for portability and mobility. FinFET technology is pivotal in advancing the capabilities of mobile and consumer electronics, enabling the development of devices that are more powerful, efficient, compact, and feature-rich. For instance, in June 2024, according to data published by the Federal Reserve Economic Data, a US-based federal reserve system, the sales of electronics and appliance stores stood at $7,678 million in 2023, which was raised to $7,814 million in 2024. Furthermore, in February 2024, according to Uswitch Limited, a UK-based financial conduct authority, there were 71.8 million mobile connections in the UK as of 2022, up 3.8% (or around 2.6 million) from 2021. Therefore, growing mobile and consumer electronics are driving the growth of the FinFET technology market.
NXP and TSMC Collaborate on Industry's First Automotive Embedded MRAM in 16 nm FinFET Technology for Software-Defined Vehicles
Major companies operating in the fin field-effect transistor (FinFET) technology market are innovating next generation zonal processors, to strengthen their position in the market. The next generation of zonal processors represents an evolution in automotive processing technology designed to meet the increasing demands of modern vehicles. For instance, in May 2023, NXP Semiconductors, a Netherlands-based automotive processing company, collaborated with Taiwan Semiconductor Manufacturing Company Limited, a Taiwan-based manufacturer of semiconductors, and developed the industry's first automotive embedded MRAM (Magnetic Random Access Memory) in 16 nm FinFET technology. The 16nm FinFET process enhances performance and power efficiency, while the embedded MRAM technology offers faster write speeds, higher endurance, and better data retention compared to traditional memory types. This launch marks a significant advancement in automotive electronics, enabling more robust and efficient memory solutions for applications such as advanced driver-assistance systems (ADAS), autonomous driving, and in-vehicle infotainment systems, thereby supporting the development of smarter, safer, and more connected vehicles.
The fin field-effect transistor (FinFET) technology market covered in this report is segmented -
1) By Type: Shorted Gate (S.G.), Independent Gate (I.G.), Bulk FinFETS, Silicon On Insulator (SOI) FinFETS
2) By Technology: 3nm, 5nm, 7nm, 10nm, 14nm, 16nm, 20nm, 22nm
3) By Application: Central Processing Unit (CPU), System-On-Chip (SoC), Field-Programmable Gate Array (FPGA), Graphics Processing Unit (GPU), Network Processor
4) By End User: Mobile, Cloud Server Or High-End Networks, Internet Of Thing (IoT) Or Consumer Electronics, Automotive, Computer And Tablets, Wearable, Other End Users
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Major companies operating in the fin field-effect transistor (FinFET) technology market are Huawei Technologies Co. Ltd., Taiwan Semiconductor Manufacturing Company Limited, Intel Corporation, Qualcomm Technologies Inc., Broadcom Inc., Toshiba Corporation, Advanced Micro Devices Inc., Texas Instruments Incorporated, MediaTek Inc., Infineon Technologies AG, Analog Devices Inc., NXP Semiconductors NV, United Microelectronics Corporation, GlobalFoundries Inc., Semiconductor Manufacturing International Corporation, Keysight Technologies Inc., Renesas Electronics Corporation, Xilinx Inc., Samsung Electronics Co. Ltd., Arm Holdings plc, ANSYS Inc.
Contents of the report:
1. Executive Summary
2. Fin Field-Effect Transistor (FinFET) Technology Market Report Structure
3. Fin Field-Effect Transistor (FinFET) Technology Market Trends And Strategies
4. Fin Field-Effect Transistor (FinFET) Technology Market - Macro Economic Scenario
5. Fin Field-Effect Transistor (FinFET) Technology Market Size And Growth
…..
27. Fin Field-Effect Transistor (FinFET) Technology Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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