Silicon-on-Insulator (SOI) Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 – 2032
The Global Silicon-On-Insulator (SOI) Market was valued at USD 1.3 billion in 2023 and is projected to grow at a CAGR of 15.3% from 2024 to 2032. This growth is fueled by increasing demand for low-power, high-performance electronics and the rising adoption of SOI technology across various industries, particularly automotive. The need for faster, more power-efficient devices such as smartphones, wearables, and tablets has led to a greater focus on SOI technology. Fully Depleted SOI (FD-SOI) has gained popularity for its ability to reduce power consumption while maintaining optimal performance, making it a key technology in consumer electronics. Meanwhile, the automotive sector is rapidly adopting SOI technology, driven by the shift towards electric vehicles (EVs) and autonomous driving systems.
SOI’s reliability, heat resistance, and energy efficiency make it ideal for use in advanced driver assistance systems (ADAS) and EV power management. A key advantage of SOI-based chips is their ability to reduce power consumption by up to 30% compared to conventional silicon chips. This power efficiency is critical for applications requiring high performance with minimal energy use, such as ADAS and vehicle infotainment systems. The SOI market is segmented by technology into smart cut, bonding SOI, and layer transfer SOI.
The smart cut segment is expected to grow at a CAGR of over 16%, reaching a value of over USD 3 billion by 2032. Smart cut technology enables the production of ultra-thin SOI wafers, offering scalability and consistent quality, which makes it well-suited for FD-SOI applications in low-power devices. By wafer size, the SOI market is divided into 200mm and 300mm categories. The 300mm wafer segment dominated the market in 2023, with a market share exceeding 64%. Larger wafers like 300mm offer the advantage of supporting high-volume production, making them highly efficient for advanced semiconductor applications.
This shift to 300mm wafers is driven by their ability to deliver better yield rates and lower production costs, making them a cost-effective solution for industries such as consumer electronics, telecommunications, and automotive. North America accounted for over 28% of the global SOI market share in 2023, with the U.S. experiencing rapid growth. This growth is driven by the demand for advanced semiconductors in the electronics, telecommunications, and automotive sectors. The U.S. has also emerged as a leader in SOI adoption due to substantial investments in R&D and the fast-paced adoption of technologies like 5G and IoT.
The increasing focus on electric and autonomous vehicles further supports the growth of SOI in power management systems.
SOI’s reliability, heat resistance, and energy efficiency make it ideal for use in advanced driver assistance systems (ADAS) and EV power management. A key advantage of SOI-based chips is their ability to reduce power consumption by up to 30% compared to conventional silicon chips. This power efficiency is critical for applications requiring high performance with minimal energy use, such as ADAS and vehicle infotainment systems. The SOI market is segmented by technology into smart cut, bonding SOI, and layer transfer SOI.
The smart cut segment is expected to grow at a CAGR of over 16%, reaching a value of over USD 3 billion by 2032. Smart cut technology enables the production of ultra-thin SOI wafers, offering scalability and consistent quality, which makes it well-suited for FD-SOI applications in low-power devices. By wafer size, the SOI market is divided into 200mm and 300mm categories. The 300mm wafer segment dominated the market in 2023, with a market share exceeding 64%. Larger wafers like 300mm offer the advantage of supporting high-volume production, making them highly efficient for advanced semiconductor applications.
This shift to 300mm wafers is driven by their ability to deliver better yield rates and lower production costs, making them a cost-effective solution for industries such as consumer electronics, telecommunications, and automotive. North America accounted for over 28% of the global SOI market share in 2023, with the U.S. experiencing rapid growth. This growth is driven by the demand for advanced semiconductors in the electronics, telecommunications, and automotive sectors. The U.S. has also emerged as a leader in SOI adoption due to substantial investments in R&D and the fast-paced adoption of technologies like 5G and IoT.
The increasing focus on electric and autonomous vehicles further supports the growth of SOI in power management systems.
Report Content
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Industry synopsis, 2021-2032
CHAPTER 3 INDUSTRY INSIGHTS
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing demand for low-power, high-performance devices
3.6.1.2 Growing adoption in automotive industry
3.6.1.3 Expansion of 5G and telecommunications infrastructure
3.6.1.4 Advances in data centers and cloud computing
3.6.2 Industry pitfalls & challenges
3.6.2.1 High production costs
3.6.2.2 Limited material availability
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 PESTEL analysis
CHAPTER 4 COMPETITIVE LANDSCAPE, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
CHAPTER 5 MARKET ESTIMATES & FORECAST, BY WAFER TYPE, 2021-2032 (USD BILLION)
5.1 Key trends
5.2 RF SOI
5.3 FD SOI (fully depleted SOI)
5.4 PD SOI (partially depleted SOI)
5.5 Power SOI
5.6 Others
CHAPTER 6 MARKET ESTIMATES & FORECAST, BY WAFER SIZE, 2021-2032 (USD BILLION)
6.1 Key trends
6.2 200mm
6.3 300mm
CHAPTER 7 MARKET ESTIMATES & FORECAST, BY TECHNOLOGY, 2021-2032 (USD BILLION)
7.1 Key trends
7.2 Smart cut
7.3 Bonding SOI
7.4 Layer transfer SOI
CHAPTER 8 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2032 (USD BILLION)
8.1 Key trends
8.2 RF FEM products
8.3 MEMS devices
8.4 Power products
8.5 Optical communication
8.6 Image sensing
8.7 Others
CHAPTER 9 MARKET ESTIMATES & FORECAST, BY END USE INDUSTRY, 2021-2032 (USD BILLION)
9.1 Key trends
9.2 Consumer electronics
9.3 Automotive
9.4 Datacom & telecom
9.5 Industrial
9.6 Aerospace & defence
9.7 Others
CHAPTER 10 MARKET ESTIMATES & FORECAST, BY REGION, 2021-2032 (USD BILLION)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.6 MEA
10.6.1 South Africa
10.6.2 Saudi Arabia
10.6.3 UAE
CHAPTER 11 COMPANY PROFILES
11.1 GlobalWafers
11.2 Honeywell International Inc.
11.3 NXP Semiconductors
11.4 Okmetic
11.5 Qorvo
11.6 Seiren KST
11.7 Shanghai Simgui Technology
11.8 Shin-Etsu Chemical
11.9 Silicon Valley Microelectronics
11.10 Skyworks Solutions
11.11 Soitec
11.12 STMicroelectronics
11.13 Sumco
11.14 Taiwan Semiconductor Manufacturing
11.15 Tower Semiconductor
11.16 Ultrasil
11.17 Vanguard International Semiconductor
11.18 WaferPro
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Industry synopsis, 2021-2032
CHAPTER 3 INDUSTRY INSIGHTS
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing demand for low-power, high-performance devices
3.6.1.2 Growing adoption in automotive industry
3.6.1.3 Expansion of 5G and telecommunications infrastructure
3.6.1.4 Advances in data centers and cloud computing
3.6.2 Industry pitfalls & challenges
3.6.2.1 High production costs
3.6.2.2 Limited material availability
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 PESTEL analysis
CHAPTER 4 COMPETITIVE LANDSCAPE, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
CHAPTER 5 MARKET ESTIMATES & FORECAST, BY WAFER TYPE, 2021-2032 (USD BILLION)
5.1 Key trends
5.2 RF SOI
5.3 FD SOI (fully depleted SOI)
5.4 PD SOI (partially depleted SOI)
5.5 Power SOI
5.6 Others
CHAPTER 6 MARKET ESTIMATES & FORECAST, BY WAFER SIZE, 2021-2032 (USD BILLION)
6.1 Key trends
6.2 200mm
6.3 300mm
CHAPTER 7 MARKET ESTIMATES & FORECAST, BY TECHNOLOGY, 2021-2032 (USD BILLION)
7.1 Key trends
7.2 Smart cut
7.3 Bonding SOI
7.4 Layer transfer SOI
CHAPTER 8 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2032 (USD BILLION)
8.1 Key trends
8.2 RF FEM products
8.3 MEMS devices
8.4 Power products
8.5 Optical communication
8.6 Image sensing
8.7 Others
CHAPTER 9 MARKET ESTIMATES & FORECAST, BY END USE INDUSTRY, 2021-2032 (USD BILLION)
9.1 Key trends
9.2 Consumer electronics
9.3 Automotive
9.4 Datacom & telecom
9.5 Industrial
9.6 Aerospace & defence
9.7 Others
CHAPTER 10 MARKET ESTIMATES & FORECAST, BY REGION, 2021-2032 (USD BILLION)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.6 MEA
10.6.1 South Africa
10.6.2 Saudi Arabia
10.6.3 UAE
CHAPTER 11 COMPANY PROFILES
11.1 GlobalWafers
11.2 Honeywell International Inc.
11.3 NXP Semiconductors
11.4 Okmetic
11.5 Qorvo
11.6 Seiren KST
11.7 Shanghai Simgui Technology
11.8 Shin-Etsu Chemical
11.9 Silicon Valley Microelectronics
11.10 Skyworks Solutions
11.11 Soitec
11.12 STMicroelectronics
11.13 Sumco
11.14 Taiwan Semiconductor Manufacturing
11.15 Tower Semiconductor
11.16 Ultrasil
11.17 Vanguard International Semiconductor
11.18 WaferPro
