Pune, India, 18 March 2021 (GLOBE NEWSWIRE) – Market analysis
FinFet technology market is expected to grow at 40.3% stellar CAGR over the forecast period (2019-2025), reveals the current report for Market Research (MRFR). FinFet technology, or Fin Field Effect Transistor, just added, is a technology built on 3D transistors to design state-of-the-art processors for tablets, TVs, computers, and smartphones, and other affordable devices. The FinFet name comes from its fish-like rear end design.
Bolster market’s growing growth characteristics
According to the MRFR report, there are several factors driving the growth of the FinFet market. Some of these include the growing need for high-performance chipsets, the integration of technology with affordable devices and smartphones, the growing IC industry, advances in technology FinFet, an increase in device performance, an increase in consumer electronics and smartphone market, high performance with low conventional leaks than the major technology, and a growing need for miniaturized semiconductors. Additional factors driving market growth include greater machine performance, and technological advances.
On the flip side, the self-heating issues, and complexity in the design process may limit the growth of the global FinFet technology market over the expected period.
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COVID-19 analysis
A number of companies have resisted the COVID-19 crisis, with FinFet technology market being the exception. This pandemic has led to temporary locks and social pace shifts, which have led to economic slowdown, turmoil in demand and supply chain, and closure of plants and manufacturing industries. All of these have impacted the growth of the FinFet technology market.
Market view
Future Market Research report offers an inclusive analysis of FinFet technology market based on end-user, application, and technology.
With technology, FinFet technology market is segmented into 22nm, 20nm, 16nm, 14nm, 10nm, 7nm, 5nm, and 3nm. Of these, the 10nm segment will lead the market over the expected period.
By application, the FinFet technology market is divided into a network processor, a field programmed gateway (FPGA) series, a chip system (SoC), a graphics processing unit (GPU), and a central processing unit (CPU). Of these, the SoC application segment will control the market over the expected period.
With end-user, FinFet technology marketplace is segmented automated, IoT / consumer electronics, cloud-server / high-end, mobile networks, and others. Of these, the IoT / consumer electronics sector will be at the forefront of the market over the expected period.
Browse the In-depth Market Research Report (235 pages) on the FinFet Technology Industry:
https://www.marketresearchfuture.com/reports/finfet-technology-market-6724
Regional Analysis
North America to Finway Sway Technology Market
In terms of regions, the global FinFet technology market is comprised of Europe, Asia Pacific (APAC), North America and the rest of the world (RoW). Of these, North America will move the market over the expected period. Increased ownership of smartphones, emerging technologies such as artificial intelligence (AI) and machine learning (ML), growing applications of FinFet technology in various end-use industries, and the use of FinFet in CPU processors and units memory in smartphones by major mobile manufacturers to support a number of mobile and 5G applications are contributing to the growth of global FinFet technology market in the sector. In addition, an evolutionary approach to the benefits of using newer technologies, smartphone owners, and the development of novel technologies include artificial intelligence (AI) & machine learning (ML) in various end-use applications also contributes to the growth of the market.
APAC to have healthy growth in FinFet technology market
The FinFet technology market in Europe is expected to be the second largest segment over the forecast period, followed by the APAC segment which is expected to experience healthy growth over the forecast period. expectation. Rapid urbanization and industrialization in countries such as China, Japan, and India, an increase in manufacturing activity in China and India, and the prolific use of advanced smartphones and automated CPUs are contributing to growth FinFet global technology market in APAC sector.
The FinFet technology market in RoW is expected to grow well over the expected period.
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Competitive Landscape
The obvious players described in the FinFet technology market report include
- Advanced Micro Devices (AMD) Inc. (US)
- NVIDIA Corporation (US)
- Broadcom Inc. (US)
- Apple Inc. (US)
- United Microelectronics Corporation (Taiwan)
- Huawei Technologies Co. Ltd (China)
- Semiconductor Manufacturing International Corp. (China)
- Atomera, Inc. (US)
- MediaTek, Corporra (Taiwan)
- ARM Limited (UK)
- Xilinx, Inc. (US)
- GLOBALFOUNDRIES (US)
- Samsung Electronics Corporation Ltd (South Korea)
- Intel Corporation (US)
- Qualcomm Technologies Inc. (US)
- Taiwan Semiconductor Manufacturing Co. Ltd (Taiwan)
FinFet’s global technology market is highly dispersed and competitive with a number of international and domestic market players in attendance. These players have introduced a number of strategies to stay at the forefront and also to meet the needs of growing customers, such as contracts, collaborations, joint ventures, and partnerships, and others. In addition, they also invest in research and development activities to strengthen their records and create market share.
Business updates
- July 2020- GlobalFoundries has announced their Finnet 12nm technology ready for production. The technology according to the company is optimized for AI accelerator applications and will be ideal for full-power, high-performance SoC applications.
- April 2019- Taiwan Semiconductor Manufacturing Co. Ltd has developed 5nm technology that is ready for design. It offers advanced logic to meet the growing need for 5G and AI-driven computing power.
- April 2019- Samsung Electronics Co. Ltd has completed the development of FinFet 5 nanometer process technology based on advanced EUV (ultraviolet) nodes. It delivers up to 25% additional efficiency in the logical sector, 10% higher output, and 20% lower power consumption over other FinFet process technology.
- February 2019- Intel Corporation has launched 22 nanometer based MRAM for internet of things devices. This MRAM tool is all set for large scale production and is likely to be very beneficial for internet of things applications.
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