The size of the FinFET Technology Market value is expected to be around USD 25.81 Billion by revenue, at the end of 2019. It is anticipated to grow at a CAGR of 40.4% to reach close to USD 196.85 Billion by the end of 2024 in the forecast period of 2019 - 2024.
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
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.
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.
Market Size Available
2018 – 2024
2019 - 2024
By Technology, Product, End-user & Region
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled
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) & 6+ Companies
This Research Report of FinFET Technology Market Includes the Segmentation of Market Size & Forecast until 2024.
FinFET Technology Market: By Technology
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
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
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:
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.10 Y-o-Y Growth Analysis, By Product
5.1.11 Market Attractiveness Analysis, By Product
5.1.12 Market Share Analysis, By Product
5.2.7 Network Processor
5.2.8 Y-o-Y Growth Analysis, By Product
5.2.9 Market Attractiveness Analysis, By Product
5.2.10 Market Share Analysis, By Product
5.3.3 Computer & Tablets
5.3.5 High-End Networks
5.3.7 Y-o-Y Growth Analysis, By End User
5.3.8 Market Attractiveness Analysis, By End User
5.3.9 Market Share Analysis, By End User
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By Technology
184.108.40.206 By Product
220.127.116.11 By End-User
6.1.4 Market Attractiveness Analysis
18.104.22.168 By Geographical Area
22.214.171.124 By Technology
126.96.36.199 By Product
188.8.131.52 By End-User
6.1.5 Market Share Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Technology
18.104.22.168 By Product
22.214.171.124 By End-User
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Taiwan Semiconductor Manufacturing Co. Ltd.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Intel Corporation
8.3 Samsung Electronics Corporation Ltd.
8.6 Qualcomm Technologies
8.7 ARM Limited
8.10 Apple Inc.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, Collaborations, and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures