Home > Semiconductors & Electronics > Semiconductor > Semiconductor Material > Silicon-on-Insulator (SOI) Market
The global silicon-on-insulator market was valued at USD 1.3 billion in 2023 and is estimated to grow at a CAGR of over 15.3% from 2024 to 2032. The silicon-on-insulator (SOI) industry is driven by the increasing demand for low-power, high-performance electronics and the growing adoption of SOI technology in the automotive sector.
Consumer electronics like smartphones, wearables, and tablets need faster speeds and better power efficiency. This has led to the rise of SOI technology, particularly Fully Depleted SOI (FD-SOI), which reduces power use while maintaining high performance. In the automotive industry, the shift towards electric vehicles (EVs) and self-driving technologies has increased the need for reliable, heat-resistant, and energy-efficient semiconductors. SOI is widely used in Advanced Driver Assistance Systems (ADAS) and EV power management, further driving market growth. A GlobalFoundries study shows that SOI-based chips can use up to 30% less power than conventional bulk silicon chips. This makes them ideal for power-sensitive applications like ADAS and infotainment systems in vehicles.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Silicon-on-Insulator Market Size in 2023: | USD 1.3 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 15.3% |
2024 – 2032 Value Projection: | USD 4.85 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 280 |
Tables, Charts & Figures: | 415 |
Segments covered: | Wafer Type, Wafer Size, Technology, Application, End Use Industry |
Growth Drivers: |
|
Pitfalls & Challenges: |
|