Global Silicon Carbide Semiconductor Material Market Growth 2025-2031

The global Silicon Carbide Semiconductor Material market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

According to our Semiconductor Research Center, in 2022, the global SiC wafer was valued at US$ 750 million, will grow rapidly in next six years, driven by the strong demand from electric vehicle (EV). Currently the 6 inch SiC substrates are dominating this market, and in next six years, more players will put into production the 8 inch SiC wafers. Currently the key players of SiC are mainly located headquartered United States, Europe, Japan and China, especially in China, more companies are entering the SiC market. It is predicted that, Chinese companies will play key roles in the SiC market in next ten years.

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

This Insight Report provides a comprehensive analysis of the global Silicon Carbide Semiconductor Material 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 Semiconductor Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Silicon Carbide Semiconductor Material market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silicon Carbide Semiconductor Material 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 Semiconductor Material.

This report presents a comprehensive overview, market shares, and growth opportunities of Silicon Carbide Semiconductor Material market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
2H-SIC Semiconductors
3C-SIC Semiconductors
4H-SIC Semiconductors
6H-SIC Semiconductors
Others

Segmentation by Application:
Automotive
Electronic and Electrical
Medical Equipment
Other

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.
Allegro Microsystems
Infineon Technologies AG
ROHM Semiconductor
STMicroelectronics
On Semiconductors
Wolfspeed
Sgl Carbon
GeneSiC
KYOCERA Fineceramics Precision GmbH
Toshiba
Fairchild Semiconductor
Ceramic forum
STMicroelectronics
Power Integrations

Key Questions Addressed in this Report

What is the 10-year outlook for the global Silicon Carbide Semiconductor Material market?

What factors are driving Silicon Carbide Semiconductor Material market growth, globally and by region?

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

How do Silicon Carbide Semiconductor Material market opportunities vary by end market size?

How does Silicon Carbide Semiconductor Material break out by Type, by Application?

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