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Silicon on Insulator Market worth $2.55 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 30, 2024 /PRNewswire/ — The global silicon on insulator market was valued at USD 1.29 billion in 2024 and is projected to reach USD 2.55 billion by 2029; it is expected to register a CAGR of 14.7% during the forecast period according to a new report by MarketsandMarkets™. The demand for silicon on insulators reduces the overall cost of semiconductor devices by minimizing silicon wastage during the manufacturing of thin SOI wafers. It also leads to improved performance, low operating voltage required by SOI wafers, and increased investments in the SOI ecosystem. SOI devices can operate at higher frequencies compared to traditional bulk silicon devices, leading to improved performance in applications like high-speed communications and computing.

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Browse in-depth TOC on “Silicon on Insulator Market” 
154 – Tables
66 – Figures
217 – Pages

Silicon on Insulator Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 1.29 billion

Estimated Value by 2029

$ 2.55 billion

Growth Rate

Poised to grow at a CAGR of 14.7%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By wafer size, wafer type, technology, product, application, and region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Volatility and susceptibility of SOI-based wafers to damage caused by pressure or stress

Key Market Opportunities

Use of SOI technology in IoT devices

Key Market Drivers

Need for technological advancements in consumer electronics

By Wafer Type: FD – SOI segment to account for the largest market share in the forecasted year.

The FD-SOI segment accounted for the largest share of the silicon on insulator market in 2029. The growth of the segment is attributed as it enables low-power operation by minimizing leakage currents, making it highly suitable for energy-efficient applications. The FD-SOI technology can lower the operating voltage in SRAM cells by 100-150 mV, leading to a significant reduction in power consumption (up to 40%) compared to conventional CMOS technologies. The advantages of FD-SOI wafers include low power consumption, less energy consumption, faster operation, less parasitic capacitance, low variability, and reliability. They are more expensive than bulk CMOS wafers but offer improved performance and power efficiency. 300 mm FD-SOI wafers are an alternative to FinFET technology.

By Product: MEMS devices accounted for the largest market share in the forecasted year.

MEMS devices hold the largest share of the silicon on insulator market in 2029. SOI technology allows for the miniaturization of MEMS devices without compromising their functionality. This miniaturization is essential to meet space and power requirements, specifically in the consumer electronics industry, automotive, and medical devices industries. The low power consumption is mainly due to the thinner silicon layer used in SOI substrates, especially critical to battery-powered MEMS devices. Further, thick SOI-based MEMS are deployed in accelerometers, gyroscopes, RF, and optical MEMS devices. MEMS devices using SOI are more reliable and compact in size and can execute high-speed operations. The SOI technology is superior in thermal management this is because the insulating layer helps in the management of heat that is produced in the MEMS devices when in use.

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By Region: Asia Pacific region is accounted for the largest market share in the forecasted year.

The Asia Pacific region is accounted for the largest share of the silicon on insulator industry in 2029. This market has experienced sustainable growth from increased market demand and adoption of various consumer electronics goods including smart handheld devices including Smartphone’s, tablets, laptops, and smart wearable gadgets. The emergence of new generation networks, in particular, 5G/6G networks requires such devices that meet the following requirements: high speed and energy efficiency. Therefore, the SOI technology has better performance in RF communication compared to other circuits and consume less power making them ideal to be used in 5G networks. In addition, some of these market players have also been investing more in this area and expanding their semiconductor foundry as well as wafer manufacturing capacity in the same region, there is an increase in the Asia Pacific SOI market.

Key Players-

The key companies that offer silicon on insulator companies include SOITEC (France), Shin-Etsu Chemical Co., Ltd. (Japan), GlobalWafers (Taiwan), SUMCO Corporation (Japan), Shanghai Simgui Technology Co., Ltd.  (China).

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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PR Newswire AEO & GEO Brand Report Now Available in Canada

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Canada’s largest, most trusted press release distribution service builds on its legacy in the country by offering brand-level AI visibility intelligence to government, investor relations and corporate communications teams.

TORONTO, Oct. 19, 2026 /PRNewswire/ — AI-powered search and generative answer engines are rapidly reshaping how audiences discover and evaluate brands. As a result, communicators are increasingly seeking data-driven insights into their organization’s presence within this evolving landscape. Today, PR Newswire announces that its AEO & GEO Brand Report is now available to customers in Canada to help them take their brand’s AI visibility to the next level.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/pr_newswire/9424851-en-pr-newswire-launches-aeo-geo-report-ai-brand-visibility-in-canada 

The report, available in the PR Newswire Amplify™ platform, provides measurable insights into how AI models reference and position brands, helping customers across Canada understand their AI footprint and actively shape it through the world’s most trusted distribution network and powerful Multichannel Amplification™ solutions.

Strategic AI Search Insights for Communications Professionals

Powered by Trajaan, a Cision company, the report captures three distinct categories of data to provide a brand-level view of AI visibility:

Mentions: Measure your brand’s presence in AI-generated answers with a breakdown of share of voice, total mentions, ranking position and trend tracking over time.

Sources: Identify the webpages and domains that are being referenced in AI responses about your brand to better understand the sources shaping the narrative.

Answers: See real responses showing exactly how large language models (LLMs) are answering questions about your organization.

“The rapidly-evolving AI search landscape is changing how communicators are thinking about visibility. We’re proud to build on decades of experience working with Canadian PR, marketing and investor relations teams by extending the availability of the AEO & GEO Brand Report. These powerful brand-level insights will help our customers in the country effectively navigate this new era,” said PR Newswire President Matt Brown. “Combining the report insights with our trusted, Multichannel Amplification™ tools offers communications teams an industry-leading solution for reaching global audiences where they are and increasing visibility for their most important stories.”

Turning AI Insights into Smarter Content Strategy

Launching the new report natively within Amplify, the award-winning platform that recently celebrated its one-year anniversary, allows Canadian communications, marketing and IR professionals to move instantly from identifying an AI visibility gap to closing it via targeted multichannel content and distribution.

By leveraging PR Newswire’s purpose-built platform alongside Trajaan’s proprietary search intelligence data, PR and marketing teams can turn market insights and online search signals into actionable next steps. The report helps teams strengthen content planning and strategy, and optimize messaging for answer engines and generative engines across multiple content types. Then, through PR Newswire’s multichannel distribution solutions, communicators can reinforce their brand’s credibility signals with the world’s largest, most credible distribution network.

The wider availability of the report is the latest example of how PR Newswire is constantly innovating to help communicators around the world stay ahead of the curve in a fast-moving AI search landscape and reach target audiences wherever they are with on-brand content that resonates.

To learn more about the new capability and other features available in the Amplify Report module, visit https://www.newswire.ca/amplify-report-module/.

About PR Newswire

PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 500,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our innovative AI-powered PR Newswire Amplify™ platform, award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive Multichannel Amplification™ catalogue of solutions to solve the modern-day challenges PR and communications teams face. For more than 70 years, PR Newswire has been the preferred destination worldwide for brands to share their most important news stories.

About Cision

Cision is the global leader in consumer and media intelligence, engagement, and communication solutions. We equip PR and corporate communications, marketing, and social media professionals with the tools they need to excel in today’s data-driven world. Our deep expertise, exclusive data partnerships, and award-winning products, including CisionOne, Brandwatch, PR Newswire, and Trajaan, enable over 75,000 companies and organisations, including 84% of the Fortune 500, to see and be seen, understand and be understood by the audiences that matter most to them.

 

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Swift Current Energy Appoints Scott Koziar as Chief Development Officer

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Industry veteran brings more than two decades of power sector experience as Swift Current scales development to meet rising U.S. electricity demand

HOUSTON and BOSTON, Oct. 19, 2026 /PRNewswire/ — Swift Current Energy (Swift Current) today announced that Scott Koziar has joined the company as Chief Development Officer and a member of its executive management team. Koziar will lead Swift Current’s development organization and advance its portfolio of utility-scale solar, wind and energy storage projects as data centers, advanced manufacturing and other large loads drive the need for new power generation across the United States.

Koziar brings more than 20 years of experience in the power sector, most recently serving as Chief Development Officer at Apex Clean Energy, where he oversaw a 63 GW pipeline of utility-scale wind, solar and battery storage projects. During his tenure, Apex commercialized 12 GW of projects now in construction or operation.

“Development is at the heart of what we do at Swift Current, and Scott is a proven leader who knows how to build teams and move complex projects from concept to operation,” said Michael Arndt, Chief Executive Officer of Swift Current Energy. “That experience is especially valuable today. The power market is changing quickly, demand is accelerating, and customers need solutions at a scale we haven’t seen in decades. Scott’s leadership will help us move faster and capitalize on the opportunities we see across our portfolio.”

“I’m thrilled to be joining Swift Current and grateful for the opportunity to work alongside such an experienced team,” said Koziar. “What attracted me to the company was its relationship driven culture and its track record of taking on ambitious, complex projects. With electricity demand reshaping the opportunity for new energy development across the country, I’m excited to build on that track record and help move the next generation of projects forward.”

Rick Miller, who has served as Interim Chief Development Officer since August, will continue with Swift Current as Senior Vice President of Development and work closely with Koziar to advance the company’s development portfolio.

For Koziar’s full biography and more information about Swift Current’s leadership team, visit the company’s Team page.

About Swift Current Energy

Swift Current Energy is trailblazing a path for clean energy now. Founded in 2016, the company develops, commercializes, owns, and operates highly competitive, utility-scale solar, wind, and energy storage projects across North America. The company has commercialized 5 gigawatts (GW) of clean energy projects, owns and operates more than 1 GW, and has more than 10 GW in development. Swift Current Energy is majority-owned by funds managed by IFM Investors and Lookout Ridge Energy Partners.

For more information, please visit swiftcurrentenergy.com.

Media Contact

Ellie Malone
Ellie@InnovantPR.com

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2026 Belt and Road Journalists Forum opens in Nanjing, driving global media consensus

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NANJING, China, Oct. 19, 2026 /PRNewswire/ — A report from JiangsuNow.

The 2026 Belt and Road Journalists Forum convened on Oct. 17 in Nanjing, capital of Jiangsu province, highlighting the pivotal role of journalists and media leaders worldwide in furthering Belt and Road cooperation and advancing global governance.

Under the theme “Convergence and Connectivity•Innovation and Progress•Media Transformation amid Global Changes,” the event brought together nearly 100 journalists and representatives of journalists’ organizations from over 50 countries and regions for in-depth exchanges.

A series of practical mechanisms and dialogue platforms aimed at expanding international media exchanges were launched or upgraded during the forum.

At the main forum, the third batch of “International Home of Journalists” partnership certificates were presented to journalists’ organizations from 10 countries, including Chile, Cabo Verde, Mongolia, and Zambia. Meanwhile, the Global South Journalists Workshop Program was launched.

The Belt & Road Journalists’ Station in Jiangsu was also inaugurated at the Xinhua Daily Media Group in Nanjing. The Belt & Road Journalists’ Station aims to provide foreign journalists with integrated services such as news coordination, information consulting, and cultural exchange. Building on previous stations established in China’s Chongqing and Jiangxi province, the new station will further bolster the service network, offering an efficient platform for overseas media to better understand and report on China.

Prior to the main forum, participants joined the “Global South Journalists Explore China” field trips from Oct 13 to 15. International foreign media representatives visited Nanjing, Suzhou, Changzhou, Nantong, and Lianyungang to gain firsthand experience of Chinese modernization. In parallel, a series of Dialogue between Mayor/Secretary and Overseas Media activities were held across the cities, offering the global community a window into China’s development through Jiangsu while highlighting the enduring spirit of the Belt and Road Initiative.

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SOURCE JiangsuNow

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