The rising penetration of consumer electronics and the growing number of the integrated circuit and chips manufacturers are fueling the market growth.
VANCOUVER, BC, CANADA, May 30, 2022 /EINPresswire.com/ — The global FinFET Technology market is anticipated to reach USD 58.48 Billion by 2027, according to a new report by Emergen Research. Due to the advantages of chipsets designed with FinFET technology, such as the ability to operate at lower voltages and faster processing speeds than non-FinFET chipsets, the FinFET technology market is expected to grow significantly. The use of these chips in wearable devices since many consumer electronics manufacturers are developing a wide variety of wearable devices to adhere to the varying needs of customers, has also made a positive impact on the market.
The Global FinFET Technology Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the FinFET Technology market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.
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Excellent characteristics of FinFET technology comprise higher technological flexibility than the planar distributed generator, suppressed short channel effect, improvement in driving current flow, and more portability is boosting the demand among manufacturers. Besides, the automotive sector is using these semiconductors and microprocessor chips in cars to provide better features to the consumers which will drive the FinFET technology market in the automotive industry in the forecasted period.
Compared to bulk CMOS and FinFETs, the cost of processed wafer and gate in SOIs is lower, and the considerations comprise processing and masking phases, devaluation of the instrument, and modulation yields. Besides, the difficulties in the design procedure are expected to hinder the FinFET technology market growth.
Some Key Highlights from the Report
The CPUs segment dominated the industry in 2019 as smartphone device processors have the same features as CPUs.During the forecast period, the market for GPUs is expected to grow at the fastest CAGR. Nowadays, the gaming console is using augmented reality and virtual reality technology, which is expected to drive this segment in the forecast timeframe.
The 10 nm technology is used widely in high-performance and low-power applications for its reliability. The 14 nm technology segment is expected to expand at a remarkable rate due to continuous technological advances owing to demand from the automotive and consumer electronics sectors. The 7nm system utilizes extensive ultraviolet lithography in the patterning of metal layers, which helps to reduce the layers of the mask to provide greater fidelity.
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Owing to the escalating demand for mobiles from users for advanced processors that boost day-to-day activity, consumer electronics is the top revenue-generating segment of all end-use sectors of FinFET technology. Due to the utilization of cloud storage and high-speed computing, the high-end network segment is anticipated to grow at a significant rate.
Due to the increasing demand for smartphones and other technologies, North America will dominate the FinFET technology market along with the adoption of artificial intelligence and machine learning, while Asia-Pacific is expected to rise over the forecast period as the technologically advanced smartphone uses increase. Besides, the growing adoption of IoT and artificial intelligence-enabled wearables and other consumer electronics in the Asia-Pacific region will augment the market growth in the future.
The leading players in the market include Samsung Electronics Corporation Ltd, MediaTek, Inc., Huawei Technologies Co. Ltd, NVIDIA Corporation, Apple Inc., Intel Corporation, ARM Limited, Taiwan Semiconductor Manufacturing Co. Ltd, Qualcomm Incorporated, Xilinx, Inc. and among others.
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Emergen Research has segmented the global FinFET Technology Market based on type, technology, end-use, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Technology Outlook (Revenue, USD Billion; 2017-2027)
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
Rest of Europe
Rest of APAC
Rest of LATAM
Rest of MEA
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Key Objectives of the Report:
Analysis and estimation of the FinFET Technology market size and share for the projected period of 2020-2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global FinFET Technology market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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