Press release
Growing Mobile And Consumer Electronics Drive The Growth Of FinFET Technology Market Driver: A Major Catalyst in the Evolution of the Fin Field-Effect Transistor (FinFET) Technology Market in 2025
Fin Field-Effect Transistor (FinFET) Technology Market Share
The growing mobile and consumer electronics market is expected to drive the growth of the FinFET technology market. Mobile devices and consumer electronics, which are designed for daily use by consumers, are evolving due to increasing connectivity, consumer preferences, and demand for portability. FinFET technology plays a vital role in enhancing the performance, efficiency, and compactness of mobile and consumer devices. For instance, in June 2024, the Federal Reserve Economic Data reported that electronics store sales increased from $7,678 million in 2023 to $7,814 million in 2024. Additionally, mobile connections in the UK reached 71.8 million in 2022, a 3.8% increase from 2021. This growing demand for mobile and consumer electronics is driving the FinFET technology market.
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How will the growth rate of the fin field-effect transistor (finfet) technology market shape industry trends by 2034?
The fin field-effect transistor (FinFET) technology market has witnessed substantial growth in recent years. It will expand from $31.89 billion in 2024 to $38.8 billion in 2025, with a CAGR of 21.7%. This surge is driven by the growing presence of 5G networks and IoT devices, increasing demand for wearable devices, the wider adoption of 5G technology, advancements in high-performance computing, and rising demand for sophisticated medical imaging equipment.
The FinFET technology market is expected to grow exponentially, reaching $84 billion by 2029 at a CAGR of 21.3%. This is driven by the growing demand for AI and machine learning, high-performance chips, automotive electronics, R&D, and smartphones. Trends include advancements in technology, AI and ML integration, design automation, mixed-signal integration, and quantum computing.
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What trends are poised to drive the future success of the fin field-effect transistor (finfet) technology market?
Companies in the FinFET technology market are advancing next-generation zonal processors to strengthen their market position. These processors cater to the growing demands of modern vehicles. For instance, in May 2023, NXP Semiconductors, a Netherlands-based automotive processing company, and Taiwan Semiconductor Manufacturing Company Limited developed the first automotive embedded MRAM (Magnetic Random Access Memory) using 16nm FinFET technology. This advancement boosts performance and power efficiency, supporting applications such as advanced driver-assistance systems (ADAS), autonomous driving, and infotainment systems in vehicles.
Which primary segments of the fin field-effect transistor (finfet) technology market are driving growth and industry transformations?
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
Subsegments:
1) By Shorted Gate (S.G.): Single-gate FinFETs, Multiple-gate FinFETs (with shorted gates)
2) By Independent Gate (I.G.): Dual-gate FinFETs, Triple-gate FinFETs, Multi-gate FinFETs (with independent gates)
3) By Bulk FinFETs: Bulk Silicon FinFETs, Bulk CMOS FinFETs
4) By Silicon On Insulator (SOI) FinFETs: SOI-based FinFETs for low power applications, SOI FinFETs for high-performance applications
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Which geographical regions are pioneering growth in the fin field-effect transistor (finfet) technology market?
Asia-Pacific was the largest region in the fin field-effect transistor (FinFET) technology market in 2024. The regions covered in the fin field-effect transistor (FinFET) technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the fin field-effect transistor (finfet) technology market landscape?
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.
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What Is Covered In The Fin Field-Effect Transistor (FinFET) Technology Global Market Report?
•Market Size Forecast: Examine the fin field-effect transistor (finfet) technology market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the fin field-effect transistor (finfet) technology market for a structured understanding.
•Key Players Overview: Analyze major players in the fin field-effect transistor (finfet) technology market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fin field-effect transistor (finfet) technology market.
•Segment Contributions: Evaluate how different segments drive overall growth in the fin field-effect transistor (finfet) technology market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fin field-effect transistor (finfet) technology market.
•Industry Challenges: Identify potential risks and obstacles affecting the fin field-effect transistor (finfet) technology market.
•Competitive Landscape: Review strategic developments in the fin field-effect transistor (finfet) technology market, including expansions, agreements, and new product launches.
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