Global Silicon Carbide Epitaxial Wafer Market Growth 2023-2029

Global Silicon Carbide Epitaxial Wafer Market Growth 2023-2029

Epitaxial Wafer is made by adding multi-micrometer thick single silicon carbide crystal layers on top of a polished wafer. Precise control of thickness, doping (carrier concentration) and defect density is required to enable high yielding power devices from a semiconductor fabrication facility. Silicon Carbide Epitaxial Wafer is a wafer of Silicon Carbide made by epitaxial growth (called epitaxy) for use in making semiconductor and photonic device.
LPI (LP Information)' newest research report, the “Silicon Carbide Epitaxial Wafer Industry Forecast” looks at past sales and reviews total world Silicon Carbide Epitaxial Wafer sales in 2022, providing a comprehensive analysis by region and market sector of projected Silicon Carbide Epitaxial Wafer sales for 2023 through 2029. With Silicon Carbide Epitaxial Wafer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silicon Carbide Epitaxial Wafer industry.
This Insight Report provides a comprehensive analysis of the global Silicon Carbide Epitaxial Wafer 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 Silicon Carbide Epitaxial Wafer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Silicon Carbide Epitaxial Wafer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silicon Carbide Epitaxial Wafer 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 Silicon Carbide Epitaxial Wafer.
The global Silicon Carbide Epitaxial Wafer market size is projected to grow from US$ 222.8 million in 2022 to US$ 1703.2 million in 2029; it is expected to grow at a CAGR of 1703.2 from 2023 to 2029.
The market for Silicon Carbide Epitaxial Wafer is concentrated with players such as Cree (Wolfspeed), II-VI Advanced Materials (Ascatron), Showa Denko K.K.(NSSMC), Epiworld intenational, SK Siltron(Dupont), TYSiC, STMicroelectronics (Norstel), ROHM (Sicrystal) and so on. Among them, the top 3 manufacturers which include Cree (Wolfspeed), II-VI Advanced Materials (Ascatron), Showa Denko K.K.(NSSMC) are the leader with about 71% revenue market share in 2019.
We divide Silicon Carbide Epitaxial Wafer into 100 mm, 150 mm and 200 mm, 150 mm account for more than 60% revenue share in 2019.
600-1200V SiC Devices remains the largest application field, followed by 1200-3300V SiC Devices and above 3300V SiC Devices.
North America is the largest production area, accounting for 53.38% of the total market share. The Asia-Pacific region is expected to grow faster in the future.
This report presents a comprehensive overview, market shares, and growth opportunities of Silicon Carbide Epitaxial Wafer market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
100mm
150mm
200mm
Segmentation by application
600-1200V SiC Devices
1200-3300V SiC Devices
Above 3300V SiC Devices
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 analyzing the company's coverage, product portfolio, its market penetration.
Cree (Wolfspeed)
II-VI Advanced Materials(Ascatron)
Showa Denko K.K.(NSSMC)
Epiworld intenational
SK Siltron(Dupont)
TYSiC
STMicroelectronics (Norstel)
ROHM (Sicrystal)

Key Questions Addressed in this Report
What is the 10-year outlook for the global Silicon Carbide Epitaxial Wafer market?
What factors are driving Silicon Carbide Epitaxial Wafer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Silicon Carbide Epitaxial Wafer market opportunities vary by end market size?
How does Silicon Carbide Epitaxial Wafer break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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