FinFET Technology Market Demand, Industry Trends, Key Players Analysis and Forecast Research
Market Research
Future published a research report on “FinFET Technology Market Research
Report- Forecast 2027” – Market Analysis, Scope, Stake, Progress, Trends and
Forecast to 2027.
Market Dynamics
Market Research Future (MRFR) anticipates considerable gains for the
FinFET technology market 2020, as it is set to expand at a tremendous rate of
40.3% between 2019 and 2025. The market can also project to touch a valuation
of USD 268.66 Million by 2025-end, says MRFR.
Main Drivers and
Top Barriers
The boom in the chips and integrated circuits manufacturing processes
has increased the uptake of the FinFET technology. The benefits offered by the
chipsets that are equipped with FinFET include the ability to function on lower
voltages and the quicker speed of operating compared to the non-FinFET
chipsets. These benefits are responsible for the strong market growth across
the globe.
The mounting demand for better quality chips that prevent ebb and flow
spillage can be one of the most significant growth boosters in the FinFET
Technology Market. The rising deployment of these chips in
wearables is due to the fact that a number of companies are focusing on using
the latest technologies to cater to the constantly evolving demand of the
buyers. The increasing use of the FinFET technology in devices such as cell
phones can also fuel the market development in the approaching period.
MRFR has offered the latest impact analysis on COVID-19, which reveals
that in a matter of few months, the pandemic has managed to drastically impact
the semiconductor industry. The study of the long-term impact of COVID-19 suggests
that the semiconductor industry can remain fortified as a number of companies
are working from home to ensure that their operations continue during the
lockdown period. Moreover, the digital platforms are constantly being used to
access the content, which can mean higher demand for smartphones, laptops, data
centers, and more. Although the short-term impact can cause slight
inconvenience, the FinFET technology market holds a lot of promise and can
emerge stronger in the coming years. In a nutshell, the heightened demand for
chips that use the FinFET technology within the semiconductor industry and the
increasing use of tablets and laptops during the lockdown period can give rise
to lucrative opportunities for the worldwide market.
Top Players
Top players highlighted in the report are Atomera, Inc. (US), Xilinx,
Inc. (US), United Microelectronics Corporation (Taiwan), Apple Inc. (US),
Qualcomm Technologies Inc. (US), Samsung Electronics Corporation Ltd (South
Korea), ARM Limited (UK), Huawei Technologies Co. Ltd (China), GLOBALFOUNDRIES
(US), Intel Corporation (US), NVIDIA Corporation (US), Advanced Micro Devices
(AMD) Inc. (US), Broadcom Inc. (US), Semiconductor Manufacturing International
Corp. (China), Taiwan Semiconductor Manufacturing Co. Ltd (Taiwan), MediaTek,
Incorporated (Taiwan), to name a few.
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Market
Segmentation
The FinFET technology industry has been considered for technology,
application and end user.
The key technologies covered in the market study include 3nm, 5nm,
7nm, 10nm, 14nm, 16nm, 20nm, and 22nm. The 10nm segment holds the value of USD
8,831.1; and can gain steadily during the assessment period.
The primary applications of the FinFET technology are Network
Processor, Central Processing Unit (CPU), Graphics Processing Unit (GPU),
Field-Programmable Gate Array (FPGA) and System-on-Chip(SoC). In 2018, the SoC
application was the leading segment, while the second lead was taken by the
network processor segment the same year. However, the best growth rate will be
achieved by the CPU segment over the next few years.
The main end-users in the global market are mobile, automotive, cloud
server/high-end networks, IoT/consumer electronics, and others. The
IoT/consumer electronics segment dominated the industry in the year 2018 and
MRFR expects it to record the highest growth rate in the preceding years. The
second-best segment in the market belonged to mobiles segment in 2018.
Regional Insight
North America, Asia Pacific or APAC, South America, the Middle East
and Africa or MEA and Europe are the primary markets for FinFET technology. Out
of these, MRFR recognized North America as the most profitable market in 2018
and it is presumed that the regional market can further expand at an
outstanding rate of 40.0% between 2019 and 2025.
The profound market growth in North America is the outcome of the
sizeable investments in the smartphones market by the large enterprises.
Further, joint ventures, collaborations, partnerships and contracts are some of
the most preferred strategies that bring the whole FinFET technology industry
together, leading to striking progress across the region.
Experts project that in the next several years, APAC can observe a
high uptake of the FinFET technology, given the surge in the manufacturing
activities in India and China, among others. The market will most likely
benefit from the prolific deployment of advanced smartphones as well as
automotive CPUs. India, Korea, China and Japan are touted to be the biggest
contributors towards revenue growth in the FinFET technology market.
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