FinFET Technology Market Overview
[PDF] FinFET is a field-effect transistor (FET) with thin vertical fin and an amplifier and switch which provides various applications such as, laptops, computers, tablets, wearables, smartphones, automotive and high-end networks. FinFET also called as 3D for having third dimension.
Rising adoption of digital technology has become the major contribution in FinFET Technology Market growth. Use of smartphones, computers, laptops and miniature of semiconductor devices with increase in performance of devices has further, created lucrative opportunities for adoption of FinFET technology across the globe.
Attributes |
Details |
FinFET Technology Market Value (2024) |
US$ 55.5Bn |
FinFET Technology Market Projected Value (2034) |
US$ 104.7Bn |
FinFET Technology Market CAGR (2024 – 2034) |
7.20% |
FinFET Technology Market Drivers & Restraints
Growing adoption of FinFET technology in electronics industries
Growing adoption of FinFET technology in electronics industries has become a key factor in target market growth. Chipset designed with advanced FinFET technology has faster processing speed and has ability to operate at lower voltages which, in turn has given rise in demand for FinFET technology in consumer electronics. Development of wearable devices to meet the consumer demand and use of FinFET technology chips in wearable devices has made positive impact on target market growth.
For instance, in April 2019, Samsung Electronics completed its 5nm (nanometer) FinFET process technology development which provides, 25% increase in logic area efficiency with 20% of lower consumption, improvement in process to enable more innovative standard cell architecture.
Restrains:
Self-heating issues and design complexity has restrained FinFET Technology market growth. Further, as FinFETs are 3D they need high aspect ratio and body biasing technique is not applicable for FinFET which has hampered the FinFET Technology market growth.
Recent Development:
- In February 2023, TSMC launched TSMC University FinFET Program for developing future IC design talent for industrial sector with empowering academic innovation around the world. New launched program provides broad educational access for university students and academic researchers for processing design kit (PDK) of industrial FinFET technology at 16nm and to bring IC design learning experience to advanced FinFET level.
- In June 2022, Samsung Electronics started initial production of its 3-nanometer (nm) process node with applying GAA (Gate-All-Around) transistor architecture. Multi-Bridge-Channel FET (MBCFET), the company’s GAA technology help in improving power efficiency by reducing supply voltage level, defies performance limitations of FinFET and also enhance the performance by increasing capability of drive current.
- In April 2022, Infineon Technologies AG launched new CoolSiC technology “CoolSiC MOSFET 1200 V M1H” which offers high flexibility and ideal for solar energy systems, energy storage systems, fast EV charging and other industrial applications.
FinFET Technology Market Segmentations & Regional Insights
FinFET Technology Market is segmented based on Product, Technology, End-Users and Region.
Product Insight
On the basis of Product, FinFET Technology Market is segmented into CPU, MCU, GPU, FPGA, SoC, Network Processor. CPU (Central Processing Unit) product is expected to dominate the target market growth due to its fastest speed of handling various types of system operations such as I/O operations, random access memory, managing an operating systems and mid-range computational operations.
Technology Insights
On the basis of Technology, FinFET Technology Market is segmented into 20nm, 22nm, 7nm, 10nm, 14nm, 16nm. 7nm technology is expected to dominate the target market growth as it has become the fastest growing technology for manufacturing chips in various applications.
End-Users Insights
On the basis of End-Users, FinFET Technology Market is segmented into Computers & Tablets, Smartphones, Automotive, High End-Networks, Wearables. Smartphones is expected to dominate the target market growth due to high adoption of smartphone users across the globe. For instance, in March 2023, according to Statista, global number of smartphone users continuously increase between 2023 and 2028 with 910.3 million users.
Regional Insights:
On region the FinFET Technology Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period. Moreover, growing use of wearable devices and smartphones, technological advancement, is anticipated to increase demand for FinFET Technology in the region.
The Asia Pacific market is estimated to grow rapidly with rising demand for high-end smartphones and rising disposable income. Further, Samsung has become the first company in manufacturing chips by using FinFET technology at 14nm process.
Attribute |
Details |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Market Segmentation |
By Product - CPU, MCU, GPU, FPGA, SoC, Network Processor By Technology - 20nm, 22nm, 7nm, 10nm, 14nm, 16nm By End-Users - Computers & Tablets, Smartphones, Automotive, High End-Networks, Wearables |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the FinFET Technology Market report based on Product, Technology, End-Users and Region:
FinFET Technology Market, By Product:
- CPU (Central Processing Unit)
- MCU (Multipoint Control Unit)
- GPU (Graphics Processing Unit)
- FPGA (Field Programmable Gate Array)
- SoC (System-on-Chip)
- Network Processor
FinFET Technology Market, By Technology:
- 20nm
- 22nm
- 7nm
- 10nm
- 14nm
- 16nm
FinFET Technology Market, By End-Users:
- Computers & Tablets
- Smartphones
- Automotive
- High End-Networks
- Wearables
FinFET Technology Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
FinFET Technology Market Competitive Landscape & Key Players
The key players operating the FinFET Technology Market includes, IBM, Samsung, Intel, TSMC, GlobalFoundries, SAP, ANSYS Inc., Robert Bosch GmbH, Infenineon Technologies AG, TOSHIBA CORPORATION, and others.
FinFET Technology Market Company Profile
- IBM*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Samsung
- Intel
- TSMC
- GlobalFoundries
- SAP
- ANSYS Inc.
- Robert Bosch GmbH
- Infenineon Technologies AG
- TOSHIBA CORPORATION
“*” marked represents similar segmentation in other categories in the respective section
FinFET Technology Market Highlights
FAQs
The FinFET Technology Market is segmented into Product, Technology, End-Users and Region.
FinFET Technology Market is driven by factors like growing adoption of FinFET technology in electronics industries.
By region, the FinFET Technology Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the FinFET Technology Market includes, IBM, Samsung, Intel, TSMC, GlobalFoundries, SAP, ANSYS Inc., Robert Bosch GmbH, Infenineon Technologies AG, TOSHIBA CORPORATION, and others.
FinFET Technology Market accounted for US$ 55.5 billion in 2024 and is estimated to be US$ 104.7Â billion by 2034Â and is anticipated to register a CAGR of 7.20%.