Global SOI market worth $1.3 billion by 2015

DALLAS, USA: The Global Silicon-on-Insulator (SOI) Market report sizes and analyzes the global markets for SOI wafers types and applications over the period 2010-2015. The report studies the major market drivers, restraints, and opportunities for the global SOI market.

The global SOI wafer market is estimated to be $1.3 billion by 2015, growing at a CAGR of 15.3 percent from 2010 to 2015. The market is primarily driven by applications such as MEMS and microprocessors used in computers and video games.

Increased investments into new manufacturing plants are also fuelling market growth, along with R&D initiatives by manufacturers, universities, and individual users. Market players are focusing on new product launches, product upgrades, and service development to enhance their commercial portfolios. Strategic collaborations among companies are also increasing in order to develop new technologies and enhance customer base.