Global Silicon on Insulator (SOI) Market Report and Forecast 2021-2026

Governments, on the other hand, are encouraging e-learning in order to prevent students from dropping out of school. For example, the Indian government is collaborating with providers of different channels such as television, radio, apps, and the Internet to ensure that academic information is delivered to students in order to prevent academic year loss. As a result, demand for better data centers, smartphones, televisions, tablets, and laptops is increasing. These devices depend on SOI wafers such as RF-SOI and FD-SOI to work. As a result, during the COVID-19 pandemic, an increase in demand for these devices is propelling the Silicon on Insulator (SOI) market forward. Growing demand for gaming consoles and microprocessors, as well as the demand from emerging Asia Pacific countries and established countries in North America and Europe, are driving the SOI market. The use of SOI in cell phones, digital cameras, notebooks, and other electronic devices is driving up demand for them. Factors such as the time-consuming manufacturing process, raw material price volatility, and the high cost of raw materials, in addition to the intricate design required in product development, are all stifling the market’s growth.