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Silicon-on-Insulator (SOI) Market Trends

  • Report ID: GMI11817
  • Published Date: Oct 2024
  • Report Format: PDF

Silicon-on-Insulator Market Trends

5G technology is transforming telecommunications, with silicon-on-insulator (SOI) technology playing a key role. The demand for faster data, lower latency, and better network reliability has increased the use of SOI-based components in telecom applications. SOI enables efficient high-frequency radio frequency (RF) devices, ideal for 5G. Its low power consumption helps telecom operators cut costs while delivering high-speed connectivity. As 5G grows, new uses like smart cities, self-driving cars, and IoT need strong communication infrastructure. SOI's versatility suits various 5G applications, allowing seamless connectivity across platforms and devices. For instance, according to GSM Association report in July 2023, South Korea leads with 48% of mobile connections on 5G, totaling 31.3 million, and 88% of smartphones being 5G-capable. China follows closely with 41% of mobile connections on 5G, amounting to over 700 million. Japan shows rapid growth, with a 76% increase in 5G connections from Q2 2022 to Q2 2023, reaching 60.8 million connections and a 28.5% adoption rate.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market size for silicon-on-insulator 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, driven by the increasing demand for low-power, high-performance electronics.

The silicon-on-insulator industry from 300mm wafer segment dominated the SOI market with a market share of over 64% in 2023, as they meet high-volume production needs in advanced semiconductor applications.

North America held a share of over 28% in the global silicon-on-insulator industry in 2023, driven by rising demand for advanced semiconductors in consumer electronics, telecommunications, and automotive sectors.

Key players in the industry include Atomera, GlobalWafers, Honeywell International Inc., NXP Semiconductors, Okmetic, Qorvo, Seiren KST, Shanghai Simgui Technology, and Shin-Etsu Chemical.

Silicon-on-Insulator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 415
  • Countries covered: 22
  • Pages: 190
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