San Francisco, California, Feb 20, 2018: A new market report by TMR Research states that the global market for silicon on insulator has been observing a noticeable rise in its valuation and is expected to continue witnessing high growth over the next few years. The research study, titled “Silicon on Insulator Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” offers an unbiased and detailed assessment of this market on the basis of its past and current performance. The drivers, prominent trends, obstructions, opportunities, challenges, and the growth potential in this market have also been examined while carrying out this research.
According to the research report, the need for the reduction in power consumption in a wide range of mobile and portable devices has driven the demand for silicon on insulator devices in consumer electronics, leading to remarkable growth in the global silicon on insulator market. The increasing demand for CMOS IC scaling, low cost of wafers, and the augmenting trend of the miniaturization of semiconductor devices are also supporting this market significantly. Over the coming years, the increasing interest of the leading players, such as IBM and Intel Corp. in the commercialization of silicon on insulator technology is likely to support this market considerably, opening up attractive avenues for growth, report the research study.
The worldwide market for silicon on insulator is spread across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these, Europe and North America have surfaced as the prominent regional markets for silicon on insulator technology. The surge in these regional markets is primarily driven by the augmenting application of silicon on insulator technology in a wide array of mobile devices and other consumer electronic products and the increasing usage of semiconductors in gaming consoles. Both the regional markets are projected to remain dominant throughout the period of the forecast.
Among other regional markets for silicon on insulator, Asia Pacific is projected to offer most promising growth opportunities to market players over the next few years. The rising demand for the silicon on insulator technology in this region can be attributed to the continuous advancements in miniaturization of electronic devices, specifically in emerging economies, and the proliferating demand for advanced microprocessing technologies in PCs and laptops, notes the research report.
The report also offers a competitive analysis of the worldwide market for silicon on insulator in order to understand the hierarchy prevalent among the players operating in this market. At the forefront of the global market are GlobalWafers Co. Ltd., Shin-Etsu Chemical Co. Ltd., Soitec, Ultrasil Corp., Wafer World Inc., IBM, and Intel Corp., reports the market study.
The main objective of this study is to deliver a clear picture of the worldwide silicon on insulator market to participants, consultants, and other stakeholders assisting them in creating appropriate strategies to attain a competitive edge over their peers. The research report concludes with an exhaustive data regarding the business operations and financial structures of the prominent players in this market, presenting an overview of the competition within its business landscape.
Get Sample Copy of this Report