Silicon Carbide (SiC) Market

Silicon Carbide (SiC) Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2030

Silicon Carbide (Sic) Market Valued At US $993.50 Billion Is To Reach A Value Of US $3441.12 Billion In 2030, Growing At A CAGR Of 16.80%

silicon carbide (SiC), is a silicon and carbon chemical combination. SiC is anticipated to have a significant revenue share since it has the ability to replace other silicon-based transistors and semiconductors. SiC’s ability to reduce semiconductor size and cut power system loss by half is one of the main elements fueling the market’s expansion.

Notwithstanding, SiC material is somewhat costly contrasted with different materials used to make semiconductors, costing somewhere in the range of $800 and $2,000 per ton. Subsequently, a critical obstruction to the market’s development is the exorbitant cost of these chips. Different deterrents to the development of the business incorporate material defects and bundling issues. The examination being finished to handle these troubles has moved gradually. To upgrade interests in SiC-based electronic products, significant firms are searching for joint efforts.


Segmental Analysis of Global Silicon (SiC) Market:
Based on Device Type:
• SIC Discrete Device
• SIC Diode
• SIC Bare Die
• SIC Module
SIC Discrete Device is further segmented into SIC Diode, SIC MOSFET and SIC Module. SIC Discrete Device is expected to dominate the market, during the analysis period.

Based on Wafer Size:
• 2 Inch
• 4 Inch
• 6 Inch and above
The 6 inches above segment is expected to dominate the market owing to its growing demand in the application segment of power supplies and inverters industry.

Based on Application:
• Power Grid Devices
• Flexible AC Transmission Systems (FACTs)
• High-Voltage, Direct Current Systems (HVCDs)
• Power Supplies and Inverters
• RF Devices & Cellular Base Stations
• Lighting Control Systems
• Industrial Motor Drives
• Flame Detectors
• EV Motor Drives
• EV Charging Stations
• Electronic Combat Systems
• Wind Turbine
• Solar Power Systems
• Astronomical
• Pyrometer
• Nuclear, and
• Atomic Sciences

Based on Vertical:
• Energy & Power
• Automotive
• Renewable Power Generation
• Defence
• Power Electronics
• Telecommunication

Key Players:
Infineon Technologies AG, CREE, INC., ROHM Co. Ltd., STMicroelectronics N.V., Fuji Electric Co. Ltd., ON Semiconductor, General Electric Company, Toshiba Corporation, Renesas Electronics Corporation and Microchip Technology Incorporated.

Regions Covered:
• North America- (US, Canada)
• Europe- (UK, Germany, France, Russia, Spain, Italy)
• Asia-pacific- (China, India, South Korea, Japan, Australia)
• South America (Mexico, Brazil, Argentina)
• Middle East and Africa (UAE, Saudi Arabia, South Africa)

Interested in purchasing this Report:-

Frequently Asked Questions (FAQ):

  1. Which are the major applications of silicon carbide? How huge is the opportunity for their growth in the next five years?
  2. Which are the major companies in the silicon carbide market? What are their major strategies to strengthen their market presence?
  3. Which region is expected to witness significant demand for silicon carbide market in the coming years?
  4. What are the drivers and opportunities for the silicon carbide market?

About We Market Research

WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

Contact Us:

We Market Research

Phone: +1(929)-450-2887



Leave a Reply

Your email address will not be published.

Diet Soft Drink Market Previous post Diet Soft Drink Market Research Study including Growth Factors, Types and Application to 2024
Biostimulants Market Next post Biostimulants Market Emerging Trend, Top Companies, Industry Demand and Regional Analysis