SiC Wafer for Electric Vehicle Market Size, Global Industry Trend Analysis and Forecast 2025-2031

On 2025-2-20 Global Info Research released【Global SiC Wafer for Electric Vehicle Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031】. This report includes an overview of the development of the SiC Wafer for Electric Vehicle industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of SiC Wafer for Electric Vehicle.

According to our (Global Info Research) latest study, the global SiC Wafer for Electric Vehicle market size was valued at US$ 114 million in 2024 and is forecast to a readjusted size of USD 188 million by 2031 with a CAGR of 7.5% during review period.

Wafer is the abbreviation of semiconductor crystal circular chip, the most common is silicon wafer, and there are gallium nitride wafer, silicon carbide wafer, etc; Generally, the output of wafers is mostly monocrystalline silicon wafers.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

This report is a detailed and comprehensive analysis for global SiC Wafer for Electric Vehicle market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

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Market segment by Type: 4 Inch、6 Inch、8 Inch

Market segment by Application:BEV、HEV

Major players covered: Wolfspeed、SK Siltron、SiCrystal、II-VI Advanced Materials、Showa Denko、STMicroelectronics (Norstel AB)、TankeBlue Semiconductor、SICC、Hebei Synlight Semiconductor、CETC、Hypersics Semiconductor、Sanan IC

Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe SiC Wafer for Electric Vehicle product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of SiC Wafer for Electric Vehicle, with price, sales, revenue and global market share of SiC Wafer for Electric Vehicle from 2020 to 2025.

Chapter 3, the SiC Wafer for Electric Vehicle competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the SiC Wafer for Electric Vehicle breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2020 to 2024.and SiC Wafer for Electric Vehicle market forecast, by regions, type and application, with sales and revenue, from 2025 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of SiC Wafer for Electric Vehicle.

Chapter 14 and 15, to describe SiC Wafer for Electric Vehicle sales channel, distributors, customers, research findings and conclusion.

Data Sources:

Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.

Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.

Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;

Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.

From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.

Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.

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Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

This release was published on openPR.