SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Silicon-on-Insulators - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 15; Released: April 2021
Executive Pool: 3902
Companies: 51 - Players covered include EV Group; Global Foundries; GlobalWafers; MagnaChip Semiconductor Ltd.; Murata Manufacturing Co., Ltd.; NXP Semiconductors NV; Qorvo, Inc.; Qualcomm Inc.; Shanghai Simgui Technology Co., Ltd.; Shin-Etsu Chemical Co., Ltd.; Silicon Valley Microelectronics, Inc.; Skyworks Solutions, Inc.; Soitec; Sony Corporation; STMicroelectronics NV; SUMCO Phoenix Corporation; Tower Semiconductor Ltd. (TowerJazz) and Others.
Coverage: All major geographies and key segments
Segments: Wafer Type (RF-SOI, PD-SOI, FD-SOI, Power-SOI, and Emerging-SOI); Application (Consumer Electronics, Automotive, Datacom & Telecom, Industrial, and Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Silicon-on-Insulators Market to Reach $2 Billion by 2026
Amid the COVID-19 crisis, the global market for Silicon-on-Insulators estimated at US$774.6 Million in the year 2020, is projected to reach a revised size of US$2 Billion by 2026, growing at a CAGR of 16.5% over the analysis period. RF-SOI, one of the segments analyzed in the report, is projected to record a 20.1% CAGR and reach US$912.1 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the PD-SOI segment is readjusted to a revised 16% CAGR for the next 7-year period.
The U.S. Market is Estimated at $251.4 Million in 2021, While China is Forecast to Reach $438.2 Million by 2026
The Silicon-on-Insulators market in the U.S. is estimated at US$251.4 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$438.2 Million by the year 2026 trailing a CAGR of 21.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.6% and 15.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14% CAGR.
FD-SOI Segment to Reach US$138.3 Million by the year 2026
In the global FD-SOI segment, USA, Canada, Japan, China and Europe will drive the 11.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$50.7 Million in the year 2020 will reach a projected size of US$110.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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SOURCE Global Industry Analysts, Inc.