Silicon Carbide Wafer Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Silicon Carbide Wafer Market Size
According to new survey, global Silicon Carbide Wafer market is projected to reach US$ 2352.6 million in 2029, increasing from US$ 750.5 million in 2022, with the CAGR of 14.8% during the period of 2023 to 2029.

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Silicon Carbide Wafer Market
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.
Global key players of silicon carbide wafer include Wolfspeed, Coherent, ROHM Group (SiCrystal), TankeBlue and SICC. The top five players hold a share about 80%. North America is the largest market, has a share about 42%. In terms of product, 6 Inch is the largest segment, with a share over 65%. And in terms of application, the largest application is Power Device, followed by Electronics & Optoelectronics and Wireless Infrastructure.

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Segment by Type
• 4 Inch
• 6 Inch
• 8 Inch

Segment by Application
• Power Device
• Electronics & Optoelectronics
• Wireless Infrastructure
• Others

By Company
Wolfspeed, SK Siltron, ROHM Group (SiCrystal), Coherent, Resonac, STMicroelectronics, TankeBlue, SICC, Hebei Synlight Crystal, CETC, San'an Optoelectronics

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