A fin field-effect transistor (FinFET) is referred to as a multigate device which is built on a substrate where the gate is placed in multiple sides of the channel and wrapped around the channel. This forms a double gate structure. A FinFET device has a significantly faster switching time and high current density as compared to conventional CMOS technology. The global FinFET technology market is expected to garner a revenue valuation of USD 268.66 million by 2025, from USD 25.79 million at the beginning of the forecast period. The latest MRFR analysis has also suggested that the global FinFET technology market is likely to register a whopping 40% CAGR over the assessment period.
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The global FinFET technology market is segmented on the basis of technology, application, end-user, and region. Based on technology, the global FinFET technology market is segmented into 3nm, 5nm, 7nm, 10nm, 14nm, 16nm, 20nm, and 22nm. The 10nm segment was valued at USD 8,831.1 million and is anticipated to upscale at a steady CAGR over the forecast period. The 16nm technology is known to improve transistor performance and also aids in the augmentation of memory and power management. 22nm technology, as compared to 28 nm, provides 10% area reduction and over 30% power reduction for applications such as set-top boxes, image processing, smartphones, digital TVs, and may other consumer products.
Based on application, the global FinFET technology market is segmented into System-on-Chip (SoC), Central Processing Unit (CPU), Graphics Processing Unit (GPU), Field-Programmable Gate Array (FPGA), and Network Processor. Among these, SoC segment held the largest share in the global FinFET technology market at the beginning of the forecast period. The network processor segment accounted for the second-largest share of the global FinFET technology market. Alternatively, the CPU segment is likely to witness a significant CAGR over the forecast period. The FPGA segment has a wide scope of application in electronic circuits. GPUs require substantial power efficiency for an augmentation of performance in object recognition, deep learning, artificial intelligence, virtual reality/augmented reaklity, and simulations.
Based on end-user, the global FinFET technology market is segmented into IoT/consumer electronics, cloud server/high-end networks, automotive, and mobile. The IoT/consumer electronics segment is dominating the global FinFET technology market in the base year and is anticipated to register the highest CAGR over the forecast period. The mobile segment held the second largest share of the global FinFET technology market in 2018.
The global FinFET technology market is studied for the regional segments of North America, South America, Asia Pacific, Europe, and the Middle East & Africa. North America is anticipated to dominate the global FinFET technology market over the assessment period. This can be owed to the elevating adoption of smartphones and emergence of state-of-the-art technologies such as artificial intelligence, machine learning and the Internet of Things (IoT). These factors are fostering higher demand for FinFET technology in different end-use industries. Further, mobile manufacturers like Samsung and Apple are integration FinFET technology in memory units and CPU processors in their smartphones to support different 5G applications.
Some of the noteworthy players prevalent in the global FinFET technology market include Taiwan Semiconductor Manufacturing Co. Ltd (Taiwan), Intel Corporation (US), Samsung Electronics Corporation Ltd (South Korea), GLOBALFOUNDRIES (US), Xilinx, Inc. (US), Qualcomm Technologies Inc. (US), ARM Limited (UK), MediaTek, Incorporated (Taiwan), Semiconductor Manufacturing International Corp. (China), Atomera, Inc. (US), Huawei Technologies Co. Ltd (China), Apple Inc. (US), Broadcom Inc. (US), NVIDIA Corporation (US), United Microelectronics Corporation (Taiwan), and Advanced Micro Devices (AMD) Inc. (US).
April 2019: Taiwan Semiconductor Manufacturing Co. Ltd. recently developed the 5-nanometer technology which offers advanced logic process. Such logic process aids in addressing the significant rise in the demand for computing power using AI and 5G.
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List of Tables
FIGURE 1 MARKET SYNOPSIS
FIGURE 2 GLOBAL FINFET TECHNOLOGY MARKET, CAGR %
FIGURE 3 (2019–2025), BY REGION
FIGURE 4 GLOBAL FINFET TECHNOLOGY MARKET: MARKET STRUCTURE
FIGURE 5 RESEARCH PROCESS OF MRFR
FIGURE 6 TOP DOWN & BOTTOM UP APPROACH
FIGURE 7 MARKET DYNAMICS ANALYSIS OF THE GLOBAL FINFET TECHNOLOGY MARKET
FIGURE 8 SUPPLY CHAIN: FINFET TECHNOLOGY MARKET
FIGURE 9 PORTER’S FIVE FORCES ANALYSIS OF THE FINFET TECHNOLOGY MARKET
FIGURE 10 GLOBAL FINFET TECHNOLOGY MARKET, BY TECHNOLOGY, 2018 VS 2025 (USD MILLION)
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