Silicon on Insulator (SOI) Market Report and Forecast 2025-2034

The global silicon on insulator (SOI) market size reached around USD 2.07 Billion in 2024. The market is projected to grow at a CAGR of 14.10% between 2025 and 2034 to reach nearly USD 7.74 Billion by 2034.

Automotive Segment Projected to Account for a Significant Market Share of the Global Silicon on Insulator Industry

Based on application, the automotive application segment of silicon on insulator industry is expected to account for a substantial market share in the forecast period. This growth can be attributed to the rising investments by the leading automotive manufacturers in the development of driverless automobile technologies such as the Advanced Driver Assistance Systems (ADAS). For instance, Audi, one of the leading automotive manufacturers based in Germany, is making efforts to integrate FD-SOI with sensors or devices used in its autonomous cars. In addition, these cars require low-power, high-speed, and compact electronic devices for their operations. This, in turn, is leading to an increased demand for SOI-based wafers. Such developments are anticipated to propel the market growth in the coming years.

The Asia-Pacific to Provide Significant Growth Opportunities to the Silicon on Insulator Industry

Geographically, the Asia-Pacific is predicted to hold a significant market share of the silicon on insulator industry. The market growth in the Asia-Pacific can be attributed to the rising demand for consumer electronics and the increased investments in the electronics industry by the leading market players. In addition, the increased investments in the development of integrated circuit (IC) technology are also expected to drive the market growth. Moreover, the heightened application of silicon on insulator in industrial operations and the rapid technological advancements are predicted to bolster the market growth. Furthermore, with collaborations and new product launches, the telecom segment is predicted to offer enhanced opportunities for the regional market expansion in the coming years.

Silicon on Insulator: Market Segmentation

Silicon on insulator (SOI) is a semiconductor component that consists of a thin layer of insulator inserted between the bulk substrate and single crystalline silicon. The SOI wafers increase the performance of SOI-based devices in response to the low operating voltage. SOI is widely applicable in the integrated circuit (IC) technology, which is further used in the production of consumer electronics, automotive parts, and others.

By wafer size, the industry can be bifurcated into:

• 200 mm
• 300 mm

Based on wafer type, the industry can be segmented into:

• RF-SOI
• FD-SOI
• PD-SOI
• Others

Based on technology, the industry can be segregated into:

• BESOI
• SiMOX
• Smart Cut
• ELTRAN
• SoS

Based on product, the industry can be distributed into:

• RF FEM
• MEMS
• Power
• Optical Communication
• Image Sensing

Based on application, the industry can be categorised into:

• Consumer Electronics
• Automotive
• Datacom and Telecom
• Industrial
• Photonics
• Others

The regional markets for the product include:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Growing Demand for Microprocessors and Gaming Consoles to Bolster the Growth of the Global Silicon on Insulator Industry

The increased consumer demand for microprocessors and gaming consoles is anticipated to drive the global market for silicon on insulator. In addition, the rising demand from the emerging economies in the Asia-Pacific and the developed countries in North America is anticipated to further catalyse the market growth in the forecast period. This growth can be attributed to the heightened deployment of silicon on insulator in mobile phones, cameras, tablets, and notebooks. These factors are estimated to positively impact the industry growth in the forecast period. However, the industry growth may get hampered due to factors such as fluctuating raw material prices and the high cost and long duration of the manufacturing process due to the intricate designing required for the product development.

Key Industry Players in the Global Silicon on Insulator (SOI) Market

The report gives a detailed analysis of the following key players in the global silicon on insulator (SOI) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Tower Semiconductor Ltd.
• Globalwafers Co., Ltd.
• MagnaChip Semiconductor Corporation
• NXP Semiconductors N.V.
• Shanghai Simgui Technology Co.,Ltd.
• Soitec
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.