The FinFET
Technology Market is expected to grow from USD 4.91 Billion in 2015 to USD
35.12 Billion by 2022, at a CAGR of 26.2% between 2016 and 2022. Although the
FinFET technology market is currently dominated with laptops and tablets end
user segment, the smartphones and wearables segments are expected to gain
traction and grow at the highest rate during the forecast period. This report
forecasts the market size and future growth potential of FinFET technology
market across different segments such as technology, product, end user, and
region. The base year considered for the study is 2015, and the market size
forecast is provided for the period between 2016 and 2022.
The key
players in the FinFET technology market include Intel (U.S.), TSMC, Ltd.
(Taiwan), Samsung (South Korea), and GlobalFoundries (U.S.), among others.
These players have adopted various strategies such as partnerships, agreements,
contracts, mergers & acquisitions, and new product developments to achieve
growth in the global FinFET technology market.
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Computers
and smartphones were early adopters of FinFET technology and are driving the
market, currently. Application processors in smartphones have the same
functionalities as that of CPUs. Samsung (South Korea) led the market for
application processors in 2015 by introducing its Exynos Octa 7 chips
manufactured using the 14nm FinFET technology. By 2016, the next chip in the
Exynos series (Exynos Octa 8) is expected to power the smartphones with more
functionalities and improved performance.
North America held the
largest share of the FinFET market in 2015. Certain end use segment such as
wearable technologies and smartphones in this region have shown a positive
outlook for the growth of the FinFET technology market. This is a result of the
necessity to adhere to the stringent corporate compliance and regulation
requirements for these sectors, in which applications of FinFET technology
account for a major share of the North American market.
The FinFET technology market
in APAC region is estimated to grow rapidly between 2016 and 2022. The growth
in the demand for high-end smartphones in this region has driven the FinFET
technology market. Samsung (South Korea) is the first company to manufacture
chips using the technology at 14nm process. Exynos Octa 7 is manufactured using
the 14nm process which is used in Samsung Galaxy S6 and S6 edge phones. Also,
the presence of two key players – TSMC, Ltd. (Taiwan) and Samsung (South Korea)
is responsible for the popularity of FinFET technology in this region. TSMC
(Taiwan) and Samsung (South Korea) manufactured the A9 processor for Apple
(U.S.) using FinFET technology.
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