Silicon Carbide Wafer Market Share Driven by Semiconductor and Photovoltaic Demand | Valuates Reports

Silicon Carbide Wafer Market
Silicon Carbide Wafer is a silicon virtual wafer mainly used for experiments and testing, which is different from general product wafers. During each process, virtual silicon wafers were used to measure film thickness, pressure resistance, reflection index and the presence of pinballs. In addition, virtual wafers are used for pattern size measurement, defect inspection, etc. in lithography.
The global Silicon Carbide Wafer market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

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The Silicon Carbide Wafer market is gaining momentum as advancements in semiconductor manufacturing and photovoltaic technologies drive strong market growth. Rising demand for high-performance, durable wafers is fueling the market size expansion, particularly as manufacturers focus on yield optimization and defect control in wafer processing environments. Increasing utilization of silicon carbide (SiC) materials across power electronics and clean energy sectors continues to shape evolving market trends.

Among the different types, 150 mm and 200 mm wafers are witnessing growing preference due to their compatibility with high-volume semiconductor fabrication processes. These segments are gaining market share steadily as chipmakers expand 150 mm SiC lines and transition towards 200 mm wafers for improved throughput and cost efficiency. While 100 mm and 125 mm wafers still retain relevance in R&D and pilot lines, their growth is comparatively moderate, reflecting a shift toward larger-diameter formats. The "Others" segment, which includes custom or experimental sizes, is emerging gradually in niche applications.

By application, the semiconductor segment holds a dominant position in the market share owing to the increasing adoption of SiC devices in electric vehicles, industrial power modules, and next-generation communication systems. The market growth in this segment is underpinned by the industry's focus on higher thermal conductivity and energy efficiency. Meanwhile, the photovoltaic segment is experiencing significant traction, supported by innovations in solar cell manufacturing and wafer inspection processes. The "Others" category, including academic and materials research applications, contributes a smaller but steady portion to the overall market size.

With rapid developments in wide-bandgap materials and an accelerating shift toward silicon carbide technologies, the market forecast suggests a continued upward trajectory. The Silicon Carbide Wafer market is expected to evolve in alignment with precision manufacturing needs, clean energy adoption, and the global push for higher-efficiency power systems, strengthening its position across multiple value chains.

Segment by Type

• 100 mm
• 125 mm
• 150 mm
• 200 mm
• Others

Segment by Application

• Semiconductor
• Photovoltaic
• Others

By Company

Entegris, Ferrotec, Electronics & Materials Corp, Valley Design, Erodex, Yes Powertechnix, Tokai Carbon Korea, Nanografi Nano Technology, Homray Material Technology, Kallex, Xiamen Powerway Advanced Material, Si Wave Corp, China Electronics Technology Group, TanKeBlue Semiconductor, Atecom Technology

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