The silicon carbide (SiC) market, which was USD 1,035.65 million in 2022, would rocket up to USD 3,212.42 million by 2030 and is expected to undergo a CAGR of 15.20% during the forecast period of 2023 to 2030.
Silicon Carbide (SiC) Market Analysis and Size
Silicon Carbide (SiC) can work at high temperatures, high voltages, or both, and its small form factor, silicon carbide, is widely used in semiconductor manufacturing. Furthermore, global demand for smart consumer electronics is increasing exponentially, creating opportunities for expanding the silicon carbide market. These factors have further increased the overall growth of the market. With its wide band-gap properties, Silicon carbide is becoming a mainstream technology for efficient power electronics.
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Data Bridge Market Research analyses that the silicon carbide (SiC) market, which was USD 1,035.65 million in 2022, would rocket up to USD 3,212.42 million by 2030, and is expected to undergo a CAGR of 15.20% during the forecast period of 2023 to 2030.
Global Silicon Carbide (SiC) Market Scope
The silicon carbide (SiC) market is segmented based on product, device, wafer size, application, and vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Black Silicon Carbide
Green Silicon Carbide
Device
SIC Discrete Devices
SIC Bare Die
Wafer Size
2 Inch
4 Inch
6-Inch and above
Application
RF Device and Cellular Base Station
Power Grid Device
Flexible AC Transmission Systems
High-Voltage
Direct Current
Power Supply and Inverter
Lighting Control
Industrial Motor Drive
Flame Detector
EV Motor Drive
EV Charging
Electronic Combat System
Wind Energy
Solar Energy
Others
Vertical
Telecommunication
Energy and Power
Automotive
Renewable Power Generation
Defense
Power Electronics
Others
Silicon Carbide (SiC) Market Regional Analysis/Insights
The silicon carbide (SiC) market is analysed and market size insights and trends are provided by product, device, wafer size, application, and vertical, are referenced above.
The countries covered in the silicon carbide (SiC) market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America in South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and the rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific in Asia-Pacific, and U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and the rest of the Middle East and Africa.
Competitive Landscape and Silicon Carbide (SiC) Market Share Analysis
The silicon carbide (SiC) market competitive landscape provides details by competitors. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the market.
Some of the major players operating in the silicon carbide (SiC) market are:
Infineon Technologies AG (Germany)
Cree, Inc. (U.S.)
ROHM Co., Ltd. (Japan)
Microsemi (U.S.)
STMelectronics (Switzerland)
Fuji Electric Co., Ltd. (Japan)
Semiconductor Components Industries, LLC (U.S.)
General Electric (U.S.)
Toshiba Corporation (Japan)
Renesas Electronics Corporation (Japan)
Microchip Technology Inc.,(U.S.)
Grindwell Norton Limited (India)
Dow (U.S.)
CUMI (India)
Entegris (U.S.)
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Silicon Carbide (SiC) Market
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https://www.databridgemarketresearch.com/toc/?dbmr=global-silicon-carbid...
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