Silicon Carbide (SiC) Wafer market was valued at US$ 596.8 million in 2022 and is anticipated to reach US$ 1202.7 million by 2029, witnessing a CAGR of 11.2% - Valuates Reports

Silicon Carbide (SiC) Wafer market was valued at US$ 596.8 million in 2022 and is anticipated to reach US$ 1202.7 million by 2029, witnessing a CAGR of 11.2% during the forecast period 2023-2029.

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SiC single crystal wafers have excellent heat resistance and voltage resistance compared to silicon wafers that are widely used for semiconductors. SiC single crystal wafers can remarkably reduce energy loss during electric power control, significantly contributing to the reduction of energy use and environmental stress. They are highly expected as substrate materials for the next-generation.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core silicon carbide (SiC) wafer manufacturers include Wolfspeed, SK Siltron and SiCrystal etc. The top 3 companies hold a share about 75%. North America is the largest market, with a share about 45%, followed by Europe and Asia Pacific with the share about 27% and 26%.In terms of product, 4 inch is the largest segment, with a share over 65%. And in terms of application, the largest application is power evice, followed by wireless infrastructure.

This report aims to provide a comprehensive presentation of the global market for Silicon Carbide (SiC) Wafer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Silicon Carbide (SiC) Wafer.
The Silicon Carbide (SiC) Wafer market size, estimations, and forecasts are provided in terms of output/shipments (K Pcs) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Silicon Carbide (SiC) Wafer market comprehensively. Regional market sizes, concerning products by size, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Silicon Carbide (SiC) Wafer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by size, by application, and by regions.

Segment by Size
4 Inch
6 Inch
8 Inch

Segment by Application
Power Device
Electronics & Optoelectronics
Wireless Infrastructure
Others

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