Press release
SiC-On-Insulator and Other Substrates Market Predicted to Grow Expeditiously: to Surpass $ 190.94 Million by 2032
๐๐ข๐-๐๐ง-๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐จ๐ซ ๐๐ง๐ ๐๐ญ๐ก๐๐ซ ๐๐ฎ๐๐ฌ๐ญ๐ซ๐๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:SiC-on-Insulator (SiC-oI) and other substrates refer to semiconductor materials used in the fabrication of electronic devices. Silicon carbide (SiC) is a wide-bandgap semiconductor with superior thermal and electrical properties, making it suitable for high-power and high-temperature applications. SiC-on-Insulator technology involves the integration of silicon carbide layers onto insulating substrates, enhancing the performance of electronic devices.
The global SiC-on-insulator and other substrates market size is expected to reach USD 190.94 Million by 2032, according to a new study by Polaris Market Research. The report "SiC-On-Insulator and Other Substrates Market Share, Size, Trends, Industry Analysis Report, By Substrate Type (Semi-insulating SiC Substrates, Conductive SiC Substrates); By Application; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global SiC-on-insulator and other substrate market is projected to grow significantly due to silicon carbide's superior properties, such as chemical inertness, high thermal conductivity, and high-temperature resistance, making it a perfect material for use in high-power electronic components, resulting in increased acceptance in power electronics and RF power amplifiers. Advances in CMOS technology have allowed the creation of low-cost and efficient SiC-on-insulator materials, broadening their application possibilities.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.polarismarketresearch.com/industry-analysis/sic-on-insulator-and-other-substrates-market/request-for-sample
The increasing need for energy-efficient technologies fuels market growth, as SiC-on-insulator and other substrates assist in lowering energy consumption by preventing power losses in electronic components. However, the high cost of manufacturing SiC-on-insulator and other substrates poses a significant challenge to market growth. The high cost of raw materials, combined with complex manufacturing processes, raises the total cost of these materials, hindering their widespread use.
The market's expansion is due to an increasing need for efficient power electronics products that can operate effectively at extreme temperatures and frequencies. SiC-on-insulator and other substrates have more thermal insulation, lower thermal dissipation, and greater breakdown voltage, making them ideal for use in high-power electronic devices like renewable energy systems, electric vehicles, and advanced industrial applications. The manufacturers are committed to developing and manufacturing high-quality, dependable, and efficient products that fulfill the increasing demand for power electronics and RF applications.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ข๐ ๐ก-๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ:
The growing demand for high-performance electronics, especially in applications like power electronics, electric vehicles, and renewable energy systems, has been a significant driver for SiC-on-Insulator and other substrate technologies. The superior properties of SiC, including high thermal conductivity and wide bandgap, make it attractive for applications requiring efficient and high-power electronic components.
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฐ๐๐ซ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ:
SiC-based substrates are increasingly adopted in power electronics applications, such as inverters and converters. The ability of SiC to handle higher voltages and temperatures compared to traditional silicon-based semiconductors contributes to its use in power conversion systems. This is particularly relevant in industries like electric vehicles and renewable energy, where efficiency and reliability are crucial.
๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐๐ฆ๐ข๐๐จ๐ง๐๐ฎ๐๐ญ๐จ๐ซ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐๐ก๐ง๐ข๐ช๐ฎ๐๐ฌ:
Continuous advancements in semiconductor manufacturing techniques, including SiC-on-Insulator technology, have played a role in the growth of the market. Innovations in deposition processes, epitaxial growth, and substrate engineering contribute to the development of high-quality SiC-based substrates, expanding their applications in various industries.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3280/2
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ:
๐๐จ๐ฐ๐๐ซ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ ๐๐ง๐ ๐๐๐ฏ๐ข๐๐๐ฌ:
SiC-on-Insulator and other SiC-based substrates find extensive applications in power electronics and devices. This includes power converters, inverters, and other components used in electric vehicles, renewable energy systems, and industrial power systems. The high thermal conductivity and breakdown voltage of SiC make it well-suited for these applications.
๐๐๐๐ข๐จ ๐ ๐ซ๐๐ช๐ฎ๐๐ง๐๐ฒ (๐๐ ) ๐๐๐ฏ๐ข๐๐๐ฌ:
SiC substrates are utilized in the manufacturing of high-frequency and RF devices. The wide bandgap of SiC allows for efficient operation at higher frequencies, making it suitable for applications in telecommunications, satellite communications, and radar systems.
๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐ ๐๐๐๐๐ง๐ฌ๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ:
SiC-based substrates are employed in aerospace and defense electronics due to their ability to withstand high temperatures and harsh environmental conditions. Applications include power modules, sensors, and communication systems in aerospace and defense platforms.
๐๐ข๐-๐๐ง-๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐จ๐ซ ๐๐ง๐ ๐๐ญ๐ก๐๐ซ ๐๐ฎ๐๐ฌ๐ญ๐ซ๐๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
The market for Conductive SiC Substrates is anticipated to witness substantial growth during the forecast period, owing to the surging demand for high-power electronic devices. These devices require advanced power devices that can efficiently handle high voltages and currents, thereby driving the demand for SiC substrates with superior conductive properties.
In 2023, the SiC-on-insulator and other substrates market was dominated by the power devices segment. This was primarily due to the rising demand for high-power electronic devices, including renewable energy systems, electric vehicles, and industrial motor drives.
The global market for SiC-on-insulator and other substrates has seen the Asia Pacific region take the lead due to the presence of leading semiconductor manufacturers in countries such as Taiwan, South Korea, Japan, and China. These manufacturers have been instrumental in driving the market forward by adopting advanced fabrication technologies and investing in research and development activities.
The global key market players include Ceramicforum Co. Ltd., Coherent Corporation, GlobalWafers Co. Ltd., Homray Material Technology, Precision Micro-optics Inc., SICC Co. Ltd., SOITEC, Hebei Synlight Semiconductor Co., Ltd., TankeBlue Co. Ltd., Wolfspeed Inc., Xiamen Powerway Advanced Material Co. Ltd., Hitachi Energy., etc.
๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐ญ๐ก๐ ๐๐ข๐-๐จ๐ง-๐ข๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐จ๐ซ ๐๐ง๐ ๐จ๐ญ๐ก๐๐ซ ๐ฌ๐ฎ๐๐ฌ๐ญ๐ซ๐๐ญ๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ฌ๐ฎ๐๐ฌ๐ญ๐ซ๐๐ญ๐ ๐ญ๐ฒ๐ฉ๐, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, ๐๐ง๐ ๐ซ๐๐ ๐ข๐จ๐ง:
๐๐ข๐-๐๐ง-๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐จ๐ซ ๐๐ง๐ ๐๐ญ๐ก๐๐ซ ๐๐ฎ๐๐ฌ๐ญ๐ซ๐๐ญ๐๐ฌ, ๐๐ฎ๐๐ฌ๐ญ๐ซ๐๐ญ๐ ๐๐ฒ๐ฉ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
Semi-insulating SiC Substrates
Conductive SiC Substrates
๐๐ข๐-๐๐ง-๐๐ง๐ฌ๐ฎ๐ฅ๐๐ญ๐จ๐ซ ๐๐ง๐ ๐๐ญ๐ก๐๐ซ ๐๐ฎ๐๐ฌ๐ญ๐ซ๐๐ญ๐๐ฌ, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
Power Devices
RF Devices
Micro Electro Mechanical Systems
Photonic Devices
Others
๐๐จ๐ง๐ญ๐๐๐ญ ๐ฎ๐ฌ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ฅ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ง๐ ๐๐ซ๐ข๐๐ข๐ง๐ @ https://www.polarismarketresearch.com/industry-analysis/sic-on-insulator-and-other-substrates-market/request-for-discount-pricing
๐๐ก๐ ๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐จ๐ฏ๐๐ซ๐ฌ ๐ ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ฒ ๐๐๐ ๐ข๐จ๐ง๐ฌ:
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and the rest of South America)
The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐:
๐๐จ๐ง๐ง๐๐๐ญ๐๐ ๐๐จ๐ซ๐ค๐๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.linkedin.com/pulse/connected-worker-market-transforming-industries-through-mohit-harne-n2aqf
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ ๐๐จ๐ญ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.linkedin.com/pulse/electric-ac-motors-market-powering-progress-sustainable-dbhjf
๐๐ข๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.linkedin.com/pulse/vibration-monitoring-market-enhancing-reliability-mp0gf
๐๐ข๐ ๐ก-๐๐ง๐ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.linkedin.com/pulse/high-end-lighting-market-illuminating-luxury-cutting-edge-m605f
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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