The global SOI market size is estimated to be USD 1.4 billion in 2022 and is projected to reach 2.9 billion by 2027, at a CAGR of 15.0% during the forecast period. The rising demand for SOI wafers is attributed to the increased focus on e-learning to increase demand for smartphones, tablets, and laptops

Soitec (France), Shin-Etsu Chemical (Japan), GlobalWafers (Taiwan), SUMCO Corporation (Japan), Shanghai Simgui Technology (China), GlobalFoundries (US), STMicroelectronics (Switzerland), Tower Semiconductor (Israel), NXP Semiconductors (Netherlands), Murata Manufacturing (Japan), are some of the key players in the SOI market. To retain their presence in the SOI market, these players have adopted various growth strategies, such as product launches, expansions, partnerships, agreements, and contracts. Product launches has been the most dominating strategy adopted by the key players from 2018 to 2022 to help them strengthen their product portfolio and broaden their customer base.

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Soitec

Soitec is a leading company in the design and production of semiconductor materials for chips used in smartphones, tablets, computers, IT servers, data centers, and electronic components in cars, connected devices, and industrial & medical equipment. The product portfolio of Soitec includes silicon-on-insulator (SOI) wafers, piezoelectric-on-insulator (POI) substrates, and gallium nitride (GaN). SOI wafers are the flagship products of Soitec, and the company is the largest producer of these wafers worldwide. Products manufactured by Soitec are equipped with three technologies: smart cut, smart stacking, and epitaxy. The company commercialized the Smart Cut technique, which is now used to manufacture almost all SOI wafers worldwide. Further, the company serves three markets: mobile communications, automotive & industry, and smart devices.

Shin-Etsu Chemical Co., Ltd.

Shin-Etsu Chemical Co., Ltd. is a global leader in manufacturing polyvinyl chloride (PVC), semiconductor silicon, rare earth magnets, and photomask substrates. Its products are used in construction, home appliances, cosmetics, toiletries, personal computers, smartphones, and automobiles. The company provides semiconductor silicon wafers used as substrate materials in personal computers, smartphones, and televisions; automobiles; and compound semiconductor products used in outdoor displays, traffic lights, in-vehicle stop lamps, and sensor light sources.

GlobalWafers Co., Ltd.

GlobalWafers Co., Ltd. is a global leader in semiconductor technology. Initially, it was a business unit of Sino-American Silicon Products Inc. (SAS). It specializes in 3” to 12” silicon wafer fabrication and has a comprehensive production line that includes ingot growth, slicing, etching, diffusion, polishing, and epitaxy. Epi wafers, polished wafers, diffusion wafers, annealed wafers, SOI wafers, FZ wafers, and compound wafers are among its high-value offerings.

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