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Silicon Carbide Wafer Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Silicon Carbide Wafer Market SizeThe global Silicon Carbide Wafer market was valued at US$ 750.5 million in 2023 and is anticipated to reach US$ 2352.6 million by 2030, witnessing a CAGR of 14.8% during the forecast period 2024-2030.
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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.
This report aims to provide a comprehensive presentation of the global market for Silicon Carbide 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 Wafer.
Report Scope
The Silicon Carbide Wafer market size, estimations, and forecasts are provided in terms of output/shipments (K Pcs) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Silicon Carbide Wafer market comprehensively. Regional market sizes, concerning products by Type, 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 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 Type, by Application, and by regions.
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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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