The global solid state cooling market, valued at USD 780.0 million in 2023, is poised for substantial growth, projected to reach USD 1.7 billion by the end of 2034, expanding at a compound annual growth rate (CAGR) of 7.3% between 2024 and 2034. This expansion is driven by the increasing demand for energy-efficient semiconductor refrigeration solut
SOI Technology Powering the Next Wave of Semiconductor Innovation
The global Silicon on Insulator (SOI) market, valued at USD 1.7 billion in 2023, is projected to expand to USD 6.5 billion by the end of 2034, registering a robust compound annual growth rate (CAGR) of 12.8% over the forecast period (2024–2034). SOI technology built on a layered silicon-insulator-silicon substrate offers key advantages, including