According to a recent analysis by Emergent Research, the global market for FinFET technology is expected to reach USD 58.48 billion by 2027. The market for FinFET technology is anticipated to expand rapidly because of the benefits of chipsets made with FinFET technology, such as their capacity to run at lower voltages and quicker processing speeds than non-FinFET chipsets. The usage of these processors in wearable technology, which is being developed by several consumer electronics manufacturers to meet a variety of client needs, has also had a favorable effect on the market.
The market is expanding due to the increasing use of consumer electronics and the rise in the number of companies producing integrated circuits and chips.
The primary step in the research approach used to assess and predict the FinFET technology market is collecting secondary research data on key vendor revenues. The segmentation of the market also takes into account vendor offerings. The income of major players was used as the starting point for the bottom-up process to determine the entire size of the worldwide market. The market was first divided into several divisions and subsegments, which were then confirmed by primary research by conducting in-depth interviews with important figures like CEOs, VPs, directors, and executives
The demand among manufacturers is increasing as a result of the excellent properties of FinFET technology, which include greater technological flexibility than the planar distributed generator, reduced short channel effect, improvement in driving current flow, and more portability. Additionally, the automotive industry uses these semiconductors and microprocessor chips in cars to give consumers greater features, which will propel the market for FinFET technology in the automotive industry during the anticipated time.
The cost of the processed wafer and gate in SOIs is less expensive than that of bulk CMOS and FinFETs, and factors to be taken into account include the masking and processing phases, instrument depreciation, and modulation yields. Additionally, it is anticipated that the challenges in the design process will impede the expansion of the FinFET technology market.
Some of the Report’s Important Highlights
Due to the similarities between smartphone device processors and CPU features, the CPUs segment dominated the business in 2019. The market for GPUs is anticipated to expand at the quickest CAGR during the timeframe of the projection. The use of augmented reality and virtual reality technologies in today’s gaming consoles is anticipated to boost this market during the period of the projection.
Due to its dependability, 10 nm technology is frequently employed in high-performance and low-power applications. Due to ongoing technological advancements brought on by demand from the automotive and consumer electronics industries, the 14 nm technology market is anticipated to grow at an impressive rate. The 7nm technique heavily relies on ultraviolet lithography to shape metal layers, which helps to thin out the mask’s layers and improve fidelity.
Consumer electronics is the largest revenue-generating end-use area of FinFET technology due to the growing demand for mobiles from users who want better processors to speed up daily activity. The use of cloud storage and high-speed computing will likely lead to significant growth in the high-end network market.
North America will dominate the FinFET technology market along with the adoption of artificial intelligence and machine learning as a result of the rising demand for smartphones and other technologies, while Asia-Pacific is anticipated to grow throughout the forecast period as a result of the rising demand for technologically advanced smartphones. Additionally, the market growth in the future will be aided by the Asia-Pacific region’s expanding use of consumer devices that are IoT and artificial intelligence-enabled.
The leading players in the market include Samsung Electronics Corporation Ltd, MediaTek, Inc., Huawei Technologies Co. Ltd, NVIDIA Corporation, Apple Inc., Intel Corporation, ARM Limited, Taiwan Semiconductor Manufacturing Co. Ltd, Qualcomm Incorporated, Xilinx, Inc. and among others.
Emergen Research has segmented the global FinFET Technology Market based on type, technology, end-user, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
- Network Processor
Technology Outlook (Revenue, USD Billion; 2017-2027)
End-Use Outlook (Revenue, USD Billion; 2017-2027)
- Consumer Electronics
- High-End Networks
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- the U.S.
- the UK
- Rest of Europe
- the Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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