The Application Segment of the Silicon on Insulator Market Is Projected To Grow At the Highest CAGR during 2019-2024

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MarketsandMarkets Presents

The Application Segment of the Silicon on
Insulator Market Is Projected To Grow At the
Highest CAGR during 2019-2024 Silicon on
Insulator (SOI) Market by Wafer Size (200 mm and
Less Than 200 mm, 300 mm), Wafer Type (RF-SOI,
FD-SOI), Technology (Smart Cut, Layer Transfer),
Product (RF FEM, MEMS), Application (Consumer
Electronics, Automotive) - Global Forecast to
2024 https//www.marketsandmarkets.com/Market-Re
ports/global-silicon-on-insulator-market-158.html
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According to the new market research report on
the "Silicon on Insulator Market by Wafer Size
(200 mm and Less Than 200 mm, 300 mm), Wafer Type
(RF-SOI, FD-SOI), Technology (Smart Cut, Layer
Transfer), Product (RF FEM, MEMS), Application
(Consumer Electronics, Automotive) - Global
Forecast to 2024", published by
MarketsandMarkets,  the Silicon on Insulator
(SOI) market is projected to grow from USD 894
million in 2019 to USD 2,186 million by 2024, at
a CAGR of 19.6 from 2019 to 2024. Improved
performance offered and low operating voltage
required by SOI wafers, growing use of SOI wafers
in consumer electronics, and increasing
investments by wafer manufacturers and foundry
players in the SOI ecosystem are factors driving
the growth of the SOI market across the
globe. Browse 65 market data Tables and 50
Figures spread through 147 Pages and in-depth TOC
on "Silicon on Insulator (SOI) Market - Global
Forecast to 2024"
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The RF-SOI wafer type segment led the SOI market
in 2018 The RF-SOI wafer type segment accounted
for the largest share of the SOI market in 2018.
The growth of this segment can be attributed to
the wide acceptance of RF-SOI in advanced
Long-term Evolution (LTE) smartphones. Almost all
smartphones use RF-SOI wafers in their RF
Front-end Modules (FEMs) and antenna switches.
Leading players offering RF-SOI include Soitec
(France), Shin-Etsu Chemical (Japan),
GlobalWafers (Taiwan), and Simgui (China).
Moreover, foundry players are also launching new
wafers based on RF-SOI in the market. For
instance, in September 2018, GlobalFoundries (US)
started the production of its mobile-optimized
8SW 300 mm based on the RF-SOI technology
platform. 300 mm RF-SOI is used in FEM
applications, including 5G, IoT, and wireless
communication. Ask PDF Brochure https//www.mark
etsandmarkets.com/pdfdownloadNew.asp?id158 The
smart cut technology segment is estimated to
account for the largest share of the SOI market
in 2019 The smart cut technology segment is
expected to lead the SOI market during the
forecast period. Smart cut technology is a
proprietary technology of Soitec (France) and is
used for wafer bonding and layer splitting.
Soitec offers this technology to most of its
wafer manufacturing partners, including Shin-Etsu
Chemical (Japan) and Simgui (China). Smart cut
technology enables wafer manufacturers to
transfer a thin layer of crystalline material
from one substrate to another. Moreover, this
technology is more flexible as compared to other
technologies. It offers high uniformity and
excellent bonding interface in wafers and
controls their thickness variability.
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Europe is estimated to account for the largest
share of the SOI market in 2019 Europe is
expected to lead the SOI market in 2019. The
market in Europe is projected to experience
increased traction during the forecast period due
to the presence of several leading players such
as Soitec (France) and STMicroelectronics
(Switzerland) in this region. Moreover, it is
also a hub for automotive players. Ongoing
technological advancements in its automotive
sector are expected to increase the demand for
SOI wafer-based products in the region, thereby
fueling the growth of SOI market in
Europe. Request Sample Report Pages https//www.
marketsandmarkets.com/requestsampleNew.asp?id158
Soitec (France), Shin-Etsu Chemical (Japan),
GlobalWafers (Taiwan), SUMCO Corporation (Japan),
Simgui (China), GlobalFoundries (US), TowerJazz
(Israel), Sony (Japan), WaferPro (US),
STMicroelectronics N.V. (Switzerland), NXP
Semiconductor N.V. (Netherlands), Ineda Systems
(India), Evaderis (France), Murata Manufacturing
(Japan), Skyworks Solutions (US), Qorvo (US),
MagnaChip Semiconductor (South Korea), UMC
(Taiwan), TSMC (Taiwan), Qualcomm (US), Silicon
Valley Microelectronics (US), and EV Group (UK)
are some of the major companies operating in the
SOI market.
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