Overview and Scope
Fin field-effect transistor (FinFET) technology refers to a semiconductor manufacturing process that uses a three-dimensional (3D) transistor structure to improve the performance and power efficiency of integrated circuits (ICs). This technology is particularly useful for applications where high performance and low power consumption are critical, such as smartphones and wearables.
Sizing and Forecast
The field-effect transistor (FinFET) technology market size has grown exponentially in recent years. It will grow from $26.34 billion in 2023 to $31.89 billion in 2024 at a compound annual growth rate (CAGR) of 21.1%. The growth in the historic period can be attributed to increasing 5G networks and Internet of Things (IoT) devices, increasing demand for wearable devices, growth in adoption of 5G technology, rise in implementation of high-performance computing, and the surge in demand for advanced medical imaging devices.
The field-effect transistor (FinFET) technology market size is expected to see exponential growth in the next few years. It will grow to $69.25 billion in 2028 at a compound annual growth rate (CAGR) of 21.4%. The growth in the forecast period can be attributed to rising AI and machine learning, rising demand for high-performance chips, growing demand in automotive electronics, growing research and development, and increasing demand for smartphones. Major trends in the forecast period include technology advancements, AI and machine learning integration, design automation tools, mixed-signal integration, and quantum computing.
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Segmentation & Regional Insights
The fin field-effect transistor (FinFET) technology market covered in this report is segmented –
1) By Type: Shorted Gate (S.G.), Independent Gate (I.G.), Bulk FinFETS, Silicon On Insulator (SOI) FinFETS
2) By Technology: 3nm, 5nm, 7nm, 10nm, 14nm, 16nm, 20nm, 22nm
3) By Application: Central Processing Unit (CPU), System-On-Chip (SoC), Field-Programmable Gate Array (FPGA), Graphics Processing Unit (GPU), Network Processor
4) By End User: Mobile, Cloud Server Or High-End Networks, Internet Of Thing (IoT) Or Consumer Electronics, Automotive, Computer And Tablets, Wearable, Other End Users
Asia-Pacific was the largest region in the fin field-effect transistor (FinFET) technology market in 2023. The regions covered in the fin field-effect transistor (FinFET) technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing mobile and consumer electronics are expected to propel the growth of the FinFET technology market going forward. Consumer electronics refers to any electronic product designed for daily, non-commercial, or professional use by consumers. A mobile device is an electronic device that can be easily carried by an individual and is designed to operate without a physical connection. The mobile and consumer electronics industry is constantly evolving and expanding due to increasing connectivity, evolving consumer preferences, and demand for portability and mobility. FinFET technology is pivotal in advancing the capabilities of mobile and consumer electronics, enabling the development of devices that are more powerful, efficient, compact, and feature-rich. For instance, in June 2024, according to data published by the Federal Reserve Economic Data, a US-based federal reserve system, the sales of electronics and appliance stores stood at $7,678 million in 2023, which was raised to $7,814 million in 2024. Furthermore, in February 2024, according to Uswitch Limited, a UK-based financial conduct authority, there were 71.8 million mobile connections in the UK as of 2022, up 3.8% (or around 2.6 million) from 2021. Therefore, growing mobile and consumer electronics are driving the growth of the FinFET technology market.
Key Industry Players
Major companies operating in the fin field-effect transistor (FinFET) technology market are Huawei Technologies Co. Ltd., Taiwan Semiconductor Manufacturing Company Limited, Intel Corporation, Qualcomm Technologies Inc., Broadcom Inc., Toshiba Corporation, Advanced Micro Devices Inc., Texas Instruments Incorporated, MediaTek Inc., Infineon Technologies AG, Analog Devices Inc., NXP Semiconductors NV, United Microelectronics Corporation, GlobalFoundries Inc., Semiconductor Manufacturing International Corporation, Keysight Technologies Inc., Renesas Electronics Corporation, Xilinx Inc., Samsung Electronics Co. Ltd., Arm Holdings plc, ANSYS Inc.
The fin field-effect transistor (finfet) technology market report table of contents includes:
1. Executive Summary
2. Fin Field-Effect Transistor (FinFET) Technology Market Characteristics
3. Fin Field-Effect Transistor (FinFET) Technology Market Trends And Strategies
4. Fin Field-Effect Transistor (FinFET) Technology Market – Macro Economic Scenario
5. Global Fin Field-Effect Transistor (FinFET) Technology Market Size and Growth
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32. Global Fin Field-Effect Transistor (FinFET) Technology Market Competitive Benchmarking
33. Global Fin Field-Effect Transistor (FinFET) Technology Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Fin Field-Effect Transistor (FinFET) Technology Market
35. Fin Field-Effect Transistor (FinFET) Technology Market Future Outlook and Potential Analysis
36. Appendix
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