Dallas, TX -- (ReleaseWire) -- 07/08/2014 -- The global SOI wafer market is estimated to be $1.3 billion by 2015, growing at a CAGR of 15.3% from 2010 to 2015. The market is primarily driven by applications such as MEMS and microprocessors used in computers and video games. Increased investments into new manufacturing plants are also fuelling market growth, along with R&D initiatives by manufacturers, universities, and individual users. Market players are focusing on new product launches, product upgrades, and service development to enhance their commercial portfolios. Strategic collaborations among companies are also increasing in order to develop new technologies and enhance customer base.
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SOI wafers are gaining high popularity in the semiconductor industry due to their benefits of low power consumption and junction capacitance. SOI wafers hold the potential to replace bulk silicon wafers in semiconductor applications. The market for SOI devices and components is thus expected to show double-digit growth in the next five years. Existing studies and third-party market reports do not provide a comprehensive understanding of the SOI market and there is a lack of focus on its various applications. In contrast, this report sizes and analyzes the global SOI market by applications and by geography, which no other third©\party report has done so far. The report also identifies and analyzes the market trends and growth opportunities for industry stakeholders.
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Developments in semiconductor devices have necessitated greater performance from silicon-substrate semiconductors. This has led to development of Silicon-on-Insulator (SOI) technology, which improves semiconductor performance by reducing capacitance between different layers. While the SOI market is expected to show double- digit growth in the next five years due to the increasing demand for semiconductors, there is still considerable scope for development as SOI is still new compared to silicon substrate semiconductor technology.
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