One of the most popular semiconductor materials is silicon. Usually, it is easy to transform into a pure single crystal. Silicon is stable at high temperatures, unlike certain other semiconductor materials. Probably the most important aspect that has contributed to silicon's success as a semiconductor material is its excellent chemical and electrical properties due to the thermal development of SiO2.Instead of conventional silicon in semiconductor manufacturing activity, silicon-on-insulator technology specifies the use of a stacked silicon-insulator-silicon substrate. The technology is compatible with the fabrication process now utilized in the sector without retooling or additional equipment in the existing facility. Silicon on Insulator technology has many advantages, including excellent performance, power savings, decreased leakage, no latch-up, compatibility, and ease of scalability.

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Market Dynamics

The drivers propelling the growth of the SOI market are the increased demand for 5G in mobile communications and the expanding use of AI and ML in consumer electronics. The effects of self-heating, floating bodies, and decreased breakdown voltage in SOI wafer-based devices are anticipated to harm market growth.The growing adoption of FD-SOI in IoT devices and ML applications As FD-SOI technology ensures ultra-low power consumption, ultra-low current leakage, tiny and dense packaging, and IoT devices' cost-efficiency, there is more potential for novel IoT devices and applications. Reverse bias properties of FD-SOI wafer-based devices allow them to operate at low voltages without suffering from space or financial constraints. Therefore, the most efficient method applied to IoT devices is FD-SOI. The silicon on the insulator market is anticipated to expand as FD-SOI-based IoT solutions are increasingly deployed in automotive and network infrastructure applications.

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Segment Analysis

During the projection period, the silicon in the insulator market for automotive applications is anticipated to develop at the greatest CAGR. The adoption of FD-SOI and power-SOI wafer-based chips in autonomous vehicles, infotainment systems and advanced driver-assistance systems is credited with driving the expansion of the automotive application by top SOI ecosystem participants like Soitec (ADAS).

Competitive Landscape

Major global silicon on-insulator market companies include GlobalWafers Co., Ltd., Globalfoundries Inc., Sumco Corporation, Murata Manufacturing, NXP Semiconductors N.V., Shanghai Simgui Technology Co., Ltd., Shin-Etsu Chemical Co., Ltd., Soitec S.A., STMicroelectronics N.V. and Tower Semiconductor Ltd.

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