DELRAY BEACH, Fla., Sept. 30, 2024 /PRNewswire/ -- The global silicon on insulator market was valued at USD 1.29 billion in 2024 and is projected to reach USD 2.55 billion by 2029; it is expected to register a CAGR of 14.7% during the forecast period according to a new report by MarketsandMarkets™. The demand for silicon on insulators reduces the overall cost of semiconductor devices by minimizing silicon wastage during the manufacturing of thin SOI wafers. It also leads to improved performance, low operating voltage required by SOI wafers, and increased investments in the SOI ecosystem. SOI devices can operate at higher frequencies compared to traditional bulk silicon devices, leading to improved performance in applications like high-speed communications and computing.
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Browse in-depth TOC on "Silicon on Insulator Market"
154 – Tables
66 – Figures
217 – Pages
Silicon on Insulator Market Report Scope:
Report Coverage Details Market Revenue in 2024 $ 1.29 billion Estimated Value by 2029 $ 2.55 billion Growth Rate Poised to grow at a CAGR of 14.7% Market Size Available for 2020–2029 Forecast Period 2024–2029 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By wafer size, wafer type, technology, product, application, and region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Volatility and susceptibility of SOI-based wafers to damage caused by pressure or stress Key Market Opportunities Use of SOI technology in IoT devices Key Market Drivers Need for technological advancements in consumer electronics
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Key Players-
The key companies that offer silicon on insulator companies include SOITEC (France), Shin-Etsu Chemical Co., Ltd. (Japan), GlobalWafers (Taiwan), SUMCO Corporation (Japan), Shanghai Simgui Technology Co., Ltd. (China).
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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
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