Key Factors for Global Silicon Carbide Wafer Market to Show 10.4% Growth Rate to 2027

The global Silicon Carbide Wafer market was valued at US$ 293.5 million in 2020 and it is expected to reach US$ 609.9 million by the end of 2027, growing at a CAGR of 10.4% during 2021-2027.

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.

Among various applications, demand from Power Device accounts for the largest share. The field consumed 51% silicon carbide wafer.

Key players in the industry include Cree, Dow Corning(DuPont), SiCrystal and so on. North America, Europe, China Japan and Korea are the major consumers. The total 5 countries accounted for more than 98% consumption market share.

According to its size, silicon carbide wafer can be mainly divided into four types, 2 inch, 3 inch, 4 inch and 6 inch. 4 inch and 6 inch are the most commonly used ones for the time being and growth at fast speed in the forecasted years.

Global Silicon Carbide Wafer Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Silicon Carbide Wafer Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Cree, DuPont (Dow Corning), SiCrystal, II-VI Advanced Materials, Nippon Steel & Sumitomo Metal, Showa Denko, Norstel, TankeBlue, SICC, Hebei Synlight Crystal, CETC and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-silicon-carbide-wafer-market-research-report

Segment by Type

  • 2 Inch
  • 3 Inch
  • 4 Inch
  • 6 Inch
  • Others

Segment by Application

  • Power Device
  • Electronics & Optoelectronics
  • Wireless Infrastructure
  • Others

Table of Content:

1 Silicon Carbide Wafer Market Overview

2 Silicon Carbide Wafer Market Competition by Manufacturers

3 Silicon Carbide Wafer Retrospective Market Scenario by Region

4 Global Silicon Carbide Wafer Historic Market Analysis by Type

5 Global Silicon Carbide Wafer Historic Market Analysis by Application

6 Key Companies Profiled

7 Silicon Carbide Wafer Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Silicon Carbide Wafer Market Dynamics

10 Global Silicon Carbide Wafer Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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