FinFET Technology Market

FinFET Technology Market Size, Trends & Forecast (2021 - 2026)

The size of the FinFET Technology Market value is expected to be around USD 25.81 Billion by revenue, at the end of 2021. It is anticipated to grow at a CAGR of 40.4% to reach close to USD 196.85 Billion by the end of 2026 in the forecast period of 2021 - 2026.

FinFET Technology, abbreviated form of Fin Field Effect Transistor, is a technology which is built on 3D transistors for designing modern processors for smartphone, computers, TVs, tablets and other wearable devises. The name FinFET came from its design which is similar to the back fin of the fish. At the initial stages of this FinFETs existence, they were built on SOI(Silicon-on-Insulator) wafers. Technological improvements have made these FinFETs made on bulk silicon wafers and enabled to perform them in various parameters. These FinFETs' architecture includes two gates, which by the way, can be connected or unplugged.

The growth of the market is attributed to various factors like the rise in the demand for miniaturized semiconductors and increased device performance. Further the technological advancements of these FinFETs like building them bulk silicon wafers are improving their performance, thus, encouraging the electronics manufacturers to adopt them. Moreover, growth in the usage of smartphones, laptops, and other wearables is one of the core factors that is propelling the global FinFET technology market.

Market Growth Drivers

• The FinFET Technology market is a fast-growing market that is majorly driven by the demand from end-use industries like smartphones and wearables.
• The rising demand from the end-user industries for the miniaturized semiconductors and increased device performance is the key factor driving the global FinFET Technology Market. The fact that gate terminals in FinFET are operated and shorted separately helps improve the application processors’ performance by controlling the threshold voltage between the gates.
• Also, the growing demand for smartphones and wearables incorporated with FinFET technology, and high-performance chips are the major factors contributing to the growth of the market globally.

Major Challenges

However, contrasting to the commonly known positive factors, complexity in manufacturing and self-heating issues are some of the factors to hinder the growth of the global FinFET Technology Market.

Potential Opportunities

Although the market was already is very competitive, an increase in the usage of smartphones, lap-tops and growing technology is creating opportunities for the growth of this FinFET Technology Market. Additionally, developing the advancements in the way of building them can create an open-ing for the new players in this competitive market.

Industry Recent Developments

Taiwan Semiconductor Manufacturing Co Ltd, a Taiwan based company, has developed a 5nm technology that is already in the design phase. To fulfill the exponentially growing demand for computing power, the firm came up with the innovative idea of this technology.

This Research Report of FinFET Technology Market Includes the Segmentation of Market Size & Forecast until 2024.

FinFET Technology Market: By Technology

• 22nm
• 20nm
• 16nm
• 14nm
• 10nm
• 7nm
• 5nm
• 3nm

Based on the Technology Segment, Among the mentioned technologies, the 10mn segment is anticipated to be the segment to grow with a significant CAGR during the forecast period. The 10mn technology is of use in various server applications and smartphones, which incorporates high screen resolution and faster processors, as it improves the performance by 10-20%. The 7nm technology segment provides the most competitive logic density, due to which it is expected to register the highest CAGR over the foreseen period followed by 14nm section that is known for its ideal power efficiency and high-performance system.

FinFET Technology Market: By Product

• CPU
• SoC
• FPGA
• GPU
• MCU
• Network Processor

Based on the Product Segment, the GPU segment has accounted for the largest share in the global market. The evolving research resulting in the innovative use of technology is the main reason for the growth of this segment.

FinFET Technology Market: By End-User

• Smartphones
• Computers & Tablets
• Wearables
• High-End Networks
• Automotive

Based on the End-User Segment, among the mentioned end-users, Smartphones and Wearables are calculated to augment with the fastest growth rate in the forecast period. Technological advancements and the rising demand for innovative products are considered to be the reason for its rapid growth in the global FinFET Technology market. This segment is currently leading the market and is anticipated to continue during the forecast period.

FinFET Technology Market: By Region

The FinFET Technology Market Report includes the segmentation of Regions with their respective Countries.

• North America FinFET Technology Market includes U.S, Canada

• Europe FinFET Technology Market includes the UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe

• Asia Pacific FinFET Technology Market includes India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC

• Latin America FinFET Technology Market includes Brazil, Mexico, Argentina, Chile & Rest of LATAM

• Middle East & Africa FinFET Technology Market includes KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA

Based on the Region, The North American region is predicted to lead the global market both in terms of value and volume. This is due to the situation of growing smartphone owners, and the development of new technologies like machine learning and artificial intelligence which is, in turn, driving the demand for FinFET technology in different end-use applications.

Asia-Pacific is next in the lead for the global FinFET Technology market followed by Europe. The high potential in the Asia Pacific region for future opportunities caused due to fast industrialization and urbanization mainly in countries like India, Japan, and China is the primary reason for its booming market values in FinFET Technology.

Prominent Players Mentioned in the FinFET Technology Market as per the research report are:

1. Taiwan Semiconductor Manufacturing Co. Ltd (Taiwan)
2. Intel Corporation (US)
3. Samsung Electronics Corporation Ltd (South Korea)
4. GLOBALFOUNDRIES (US)
5. Xilinx, Inc. (US)
6. Qualcomm Technologies Inc. (US)
7. ARM Limited (UK)
8. MediaTek, Incorporated (Taiwan)
9. Semiconductor Manufacturing International Corp. (China)
10. Atomera, Inc. (US)
11. Huawei Technologies Co. Ltd (China)
12. Apple Inc. (US)
13. Broadcom Inc. (US)
14. NVIDIA Corporation (US)
15. United Microelectronics Corporation (Taiwan)
16. Advanced Micro Devices (AMD) Inc. (US)