Global SIC Single Crystal Substrates Market Growth 2025-2031

The global SIC Single Crystal Substrates market size is predicted to grow from US$ 1038 million in 2025 to US$ 2416 million in 2031; it is expected to grow at a CAGR of 15.1% from 2025 to 2031.

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 SIC Single Crystal Substrates include Wolfspeed, Coherent, SICC, TankeBlue Semiconductor, ROHM Group (SiCrystal), etc. The top five players hold a share about 85%. North America is the largest market, and has a share about 42%, followed by Asia-Pacific and Europe with share 35% and 22%, separately. In terms of product type, 4 Inch is the largest segment, occupied for a share of 51%. In terms of application, Power Device has a share about 70 percent.

LP Information, Inc. (LPI) ' newest research report, the “SIC Single Crystal Substrates Industry Forecast” looks at past sales and reviews total world SIC Single Crystal Substrates sales in 2024, providing a comprehensive analysis by region and market sector of projected SIC Single Crystal Substrates sales for 2025 through 2031. With SIC Single Crystal Substrates sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SIC Single Crystal Substrates industry.

This Insight Report provides a comprehensive analysis of the global SIC Single Crystal Substrates landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on SIC Single Crystal Substrates portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global SIC Single Crystal Substrates market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SIC Single Crystal Substrates and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global SIC Single Crystal Substrates.

This report presents a comprehensive overview, market shares, and growth opportunities of SIC Single Crystal Substrates market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

4 Inch

6 Inch

8 Inch

Segmentation by Application:

Power Device

Electronics & Optoelectronics

Wireless Infrastructure

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Wolfspeed

Coherent

ROHM Group (SiCrystal)

TankeBlue Semiconductor

SICC

Resonac

SK Siltron

STMicroelectronics

Hebei Synlight Crystal

CETC

San'an Optoelectronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global SIC Single Crystal Substrates market?

What factors are driving SIC Single Crystal Substrates market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do SIC Single Crystal Substrates market opportunities vary by end market size?

How does SIC Single Crystal Substrates break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.