Global Silicon Carbide (SiC) Substrate Market Growth 2023-2029

Global Silicon Carbide (SiC) Substrate Market Growth 2023-2029

Silicon carbide substrates (wafers) are single-crystal wafers formed by cutting, grinding, polishing, cleaning, and other processes of silicon carbide crystals.

LPI (LP Information)' newest research report, the “Silicon Carbide (SiC) Substrate Industry Forecast” looks at past sales and reviews total world Silicon Carbide (SiC) Substrate sales in 2022, providing a comprehensive analysis by region and market sector of projected Silicon Carbide (SiC) Substrate sales for 2023 through 2029. With Silicon Carbide (SiC) Substrate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silicon Carbide (SiC) Substrate industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silicon Carbide (SiC) Substrate 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 (SiC) Substrate.

The global Silicon Carbide (SiC) Substrate market size is projected to grow from US$ 553.9 million in 2022 to US$ 1568.1 million in 2029; it is expected to grow at a CAGR of 1568.1 from 2023 to 2029.

Cree, II-VI Advanced Materials and ROHM are the top 3 manufacturers of silicon carbide (SiC) substrate globally and account for over 70% of total markets share. Geographically speaking, Asia Pacific is the largest producer of silicon carbide (SiC) substrate, holds a share over 40%, followed by North America and Europe. In terms of product, 6 inch is the largest segment, with a share over 60%. And in terms of application, the largest application is power devices, followed by RF devices.

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

Market Segmentation:

Segmentation by type
4 Inch
6 Inch
8 Inch

Segmentation by application
Power Device
RF Devices
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 analyzing the company's coverage, product portfolio, its market penetration.
Cree (Wolfspeed)
II-VI Advanced Materials
ROHM
Norstel
SICC Materials
Showa Denko
TankeBlue Semiconductor
SK Siltron
Synlight
CENGOL

Key Questions Addressed in this Report

What is the 10-year outlook for the global Silicon Carbide (SiC) Substrate market?

What factors are driving Silicon Carbide (SiC) Substrate market growth, globally and by region?

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

How do Silicon Carbide (SiC) Substrate market opportunities vary by end market size?

How does Silicon Carbide (SiC) Substrate 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.