Silicon on Insulator (SOI) Market by Wafer Size (200 MM, Less Than 200 MM, 300 MM); by Wafer Type (RF-SOI, FD-SOI, PD-SOI, Power-SOI, Emerging-SOI); by Technology (Smart Cut, Bonding SOI, Layer Transfer SOI); by Product (RF FEM Products, MEMS Devices, Power Products, Optical Communication, Image Sensing); by Application (Consumer Electronics, Automotive, Datacom & Telecom, Industrial, Military & Defense); and by Region (North America, Europe, Asia Pacific, Latin America, MEA) - Global Forecasts 2021 to 2027

The Global Silicon on Insulator (SOI) Market was valued at USD 1.2 Bn in 2020 and is expected to reach USD 3.4 Bn by 2027, with a growing CAGR of 16.2% during the forecast period.

Global Silicon on Insulator (SOI) Market Definition:

The Silicon on Insulator (SOI) is the technique of placing a thin layer of silicon at the top of the insulator forming silicon semiconductor devices. The SOI wafers enhance the performance of SOI-based gadgets in response to the low running voltage. The substrate form is a silicon wafer. It is used in the manufacturing of superior electronic devices. It is extensively applicable in the integrated circuit technology utilized in automotive, consumer electronics, and other industries.

Global Silicon on Insulator (SOI) Market Dynamics:

The increasing demand for high-speed microprocessors for computer, PlayStation, smartphones, digital cameras, televisions and others are anticipated to boost the growth of the Silicon on Insulator (SOI) market during the forecast period. For instance, according to bankmycell.com, in 2021, around 6.37 Bn of smartphone users across the globe, which accounts to 80.63% of the global population owning a smartphone. Moreover, the growing adoption of SOI technology in MEMS to achieve high performance with low power consumption is another important factor that propels the demand for the market. However, volatility in the price of the raw material price is one of the restraining factors that hamper the growth of the market during the forecast period. On the contrary, the rising adoption of SOI wafer-based devices in the automotive industry is expected to provide an attractive opportunity for the growth of the Silicon on Insulator (SOI) market.

The Global Silicon on Insulator (SOI) Market Segmentation:

By Wafer Size

• 200 MM
• Less Than 200 MM
• 300 MM

By Wafer Type

• RF-SOI
• FD-SOI
• PD-SOI
• Power-SOI
• Emerging-SOI

By Technology

• Smart Cut
• Bonding SOI
• Layer Transfer SOI

By Product

• RF FEM Products
• MEMS Devices
• Power Products
• Optical Communication
• Image Sensing

By Application

• Consumer Electronics
• Automotive
• Datacom & Telecom
• Industrial
• Military & Defense

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Silicon on Insulator (SOI) Market Company Profiles and Competitive Intelligence:

• GlobalFoundries
• EV Group (EVG)
• Magnachip
• GlobalWafers Co.
• NXP Semiconductors
• Murata Manufacturing Co., Ltd.
• Qualcomm Technologies, Inc.
• Qorvo, Inc
• STMicroelectronics
• SOITEC
• Shin-Etsu Chemical Co., Ltd.
• SUMCO CORPORATION
• Skyworks Solutions, Inc.
• Silicon Valley Microelectronics, Inc.
• Taiwan Semiconductor Manufacturing Company Limited

Based on wafer size, the 300 MM segment of Silicon on Insulator (SOI) market is expected to hold a significant market share during the forecast period owing to the increasing demand for the smartphones

Based on the wafer size, the Silicon on Insulator (SOI) industry has been segmented into 200 MM, less than 200 MM, and 300 MM. Moreover, the 300 MM segment of Silicon on Insulator (SOI) market is expected to hold a significant market share during the forecast period owing to the increasing demand for smartphones, automobiles, IoT devices and others. The 300 MM SOI are used in these applications. Moreover, the increasing demand for 300 MM wafers in emerging applications such as image sensors, and the requirement for high data transmission speed in data centres. Therefore, these applications are expected to boost segmental growth over the forecast period.

Based on the application, the automotive segment of Silicon on Insulator (SOI) market is expected to grow at the highest CAGR during the forecast period due to numerous applications in the automobiles

Based on the application, the Silicon on Insulator (SOI) industry is segmented into consumer electronics, automotive, datacom & telecom, industrial, military & defense. The automotive segment is expected to grow at the highest CAGR during the forecast period due to various applications in automobiles. Moreover, the initiatives are taken by the key players in the SOI ecosystem such as Soitec to deploy FD-SOI and power-SOI wafer-based chips in autonomous vehicles, infotainment systems, and Advanced Driver-Assistance Systems (ADAS). Furthermore, leading automotive manufacturers such as BMW, Ford, DaimlerChrysler, General Motors, and Volkswagen, etc., are leveraging the numerous advantages of SOI-based chips across multiple applications and automotive networking protocols.

Based on region, the Asia Pacific region is expected to grow at the highest CAGR during the forecast period

The Asia Pacific region is expected to grow at the highest CAGR during the forecast period owing to the growing demand for consumer electronics such as smartphones, tablets, laptops, and smart wearables. For instance, according to the report by GSMA published in 2021, the Asia Pacific region is accounted for 2Bn smartphone connection and is projected to reach 2.5Bn by 2025. Moreover, the favourable government initiative to support the growth of the consumer electronics and automotive industry is one of the prominent factors that lead the growth of the market in the region. For instance, in May 2021, Indian Union Cabinet approved a proposal to implement the PLI scheme ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ to achieve a manufacturing capacity of 50 GWh of ACC and 5 GWh of ‘Niche’ ACC, with an outlay of USD 2.38 Bn. Thus, proliferating the Silicon on Insulator (SOI) market growth in the region.          

The report also provides an in-depth analysis of Silicon on Insulator (SOI) markets dynamics such as drivers, restraints, opportunities, and challenges:

Drivers

• The rapid development of 5G technology
• The increasing adoption of Artificial Intelligence (AI) and Machine Learning (ML) in consumer electronics
• The SOI wafers provide superior performance and require minimum voltage for their operation
• Increasing penetration of e-learning platforms that boosts the demand for smartphones, laptops and tablets

Restraints

• Reduced breakdown voltage, floating body, and self-heating effects in soi wafer-based devices

Opportunities

• Surging adoption of FD-SOI in IoT devices and ML applications
• Growing adoption of SOI wafer-based devices in automotive

Challenges

• Process control in SOI wafers and circuit design complexity

COVID-19 Impact on the Silicon on Insulator (SOI) Market Analysis:

The COVID-19 pandemic impacted various industries such as manufacturing, retail, and others owing to the strict lockdown imposed by the government to curb the spread of the virus. The supply chain of products and services was disrupted owing to the production halt from the different industries. Similarly, the Silicon on Insulator (SOI) industry was negatively impacted by the pandemic, resulting in the decline in the shipment of SOI. The demand for SOI is dependent on the end-use industries such as consumer electronics, automotive, telecom, industrial and others. For instance, according to the International Organization of Motor Vehicle Manufacturers, the global auto production in 2020 was severely hit by the COVID-19 pandemic with a 16% decline in global auto production. Thus, these facts supported the decline in the Silicon on Insulator (SOI) market growth. However, the situation gets normal due to the opening of the economy, and it will back on track in the coming years.

*Note: A detailed analysis is specific to the Silicon on Insulator (SOI) market will be provided in the report

The report also provides an in-depth analysis of key trends in the Silicon on Insulator (SOI) market:

• The increasing demand for 5G in mobile communication is the major trend that drives the market growth.
• The growing application of Silicon on Insulator (SOI) in the Internet of Things (IoT) devices propel the market growth.

The report also provides an in-depth analysis of recent news developments and investments:

• In June 2021, GlobalWafers Co., Ltd. (GWC) signed an agreement with GLOBALFOUNDRIES, to add a 300 mm silicon-on-insulator (SOI) wafer, production, and increase the current 200 mm SOI wafer production at GWC's MEMC facility. This agreement expands GF's silicon wafer delivery from the United States.
• In March 2021, NXP Semiconductors N.V. (Switzerland) launched i.MX 8ULP, i.MX 8ULP-CS (cloud secured), and next-era i.MX 9 series of high-performance smart applications processors. The growth consists of innovations with EdgeLock secure enclave to enhance edge security and energy flex architecture to enhance energy efficiency.

The unique insights provided by this report also include the following:

• In-depth Value Chain Analysis
• Opportunity Mapping
• Sector Snapshot
• Key Players Positioning Matrix
• Regulatory Scenario
• Strategies Adopted-benchmarking Heat Map
• Market Trends
• Covid-19 Impact Analysis
• Product Comparison
• Pre & Post COVID-19 Impact on the Silicon on Insulator (SOI) Market
• Competitive Landscape

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