Silicon-on-Insulator market expected to reach $4.85 billion by 2032 due to demand for efficient electronics.

From GlobeNewswire: 2024-11-26 04:00:00

The Silicon-on-Insulator market is set to reach USD 4.85 billion by 2032, driven by demand for efficient electronics. SOI technology, especially FD-SOI, reduces power consumption by up to 30%, ideal for ADAS and EVs. North America, led by the U.S., accounts for 28% of the market share, with a focus on advanced semiconductors and 5G/IoT technologies.

Smart cut technology in SOI is expected to reach over USD 3 billion by 2032, growing at a CAGR of over 16%. The market is segmented by wafer size, with 300mm wafers dominating at 64% due to high-volume production efficiency. The shift to larger wafers is driven by better yield rates and lower production costs, making them ideal for various industries.

Key players in the Silicon-on-Insulator market include Atomera, NXP Semiconductors, and STMicroelectronics. The market research report covers various segments such as wafer type, size, technology, application, and end-use industry. Global Market Insights Inc. provides detailed industry coverage, forecasts, and strategic insights for key sectors like consumer electronics, automotive, and telecommunications.



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