SILICON CARBIDE WAFERS Forecast to 2029 : Key Players, Size, Share,...

SILICON CARBIDE WAFERS Forecast to 2029 : Key Players, Size, Share, Growth, Trends and Opportunities

Posted 2023-10-13 05:24:40

Global Silicon Carbide Wafers Market report studies the global market key regions, market potential, opportunity and challenge, restraints and threats. In this report, the leading key players are strategically profiled and their growth strategies are also thoroughly analyzed. Businesses can successfully utilize the data, statistics, research, and insights about the ICT industry included in this report to make decisions about business strategies and to achieve maximum return on investment (ROI). Global Silicon Carbide Wafers Market analysis report deals with thorough SWOT analysis & investment analysis which forecasts imminent opportunities for the market players.

Global Silicon Carbide Wafers report analyzes competitive scenarios such as developments, agreements, new launching products, and market acquisitions. Actionable market insights are always very important if seeking to create sustainable and profitable business strategies. An ever-growing team of experts and professionals from diverse streams and verticals bring along crucial tried-and-tested skills, approaches, and techniques to conduct research and analysis, and deliver accurate and reliable forecasts on all global markets via this market report. To thrive in this competitive market place, Global Silicon Carbide Wafers Market research report plays a vital role which gives important and meaningful market insights for the business.

The global silicon carbide wafers market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 22.3% in the forecast period of 2022 to 2029 and is expected to reach USD 4,385,550.41 Thousand by 2029.

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Market Overview

silicon carbide wafers market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.

Some of the major players operating in the silicon carbide wafers market are

WOLFSPEED INC.
II-VI Incorporated
MTI Corporation
CETC Solar Energy Holdings Co., Ltd.
American Elements
STMicroelectronics
TankeBlue CO., LTD.
Synlight
SICC
PI-KEM Limited
Entegris
SHOWA DENKO K.K.
Atecom Technology Co., Ltd
Latent Technologies, ROHM CO., LTD.
Fuji Electric Co., Ltd., Mitsubishi Electric Corporation
Texas Instruments Incorporated
Infineon Technologies AG, SEMIKRON
SK siltron Co., Ltd. (A Subsidiary of SK HOLDINGS CO., LTD.)
Xiamen Powerway Advanced Material Co., Ltd.
Homeray Material Technology, Renesas Electronics Corporation
TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
WeEn Semiconductors
Microchip Technology Inc.
Robert Bosch GmbH

Global Silicon Carbide Wafers Market Scope and Market Size

The global silicon carbide wafers market is segmented on the basis of wafer size, device, application and industry. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of wafer size, the silicon carbide wafers market is segmented into 2 inch, 4 inch, and 6-inch and above. In 2022, 4 inch segment is expected to dominate the market as it is highly used for the fabrication of very high-voltage and high-power devices such as diodes, power transistors, and high power microwave devices. Moreover, silicon carbide is being widely used for high-power MMIC applications.
On the basis of device, the silicon carbide wafers market is segmented into SiC discrete devices and SiC bare die. In 2022, SiC discrete devices segment is expected to dominate the market as SiC-based power devices have faster-switching speed, higher voltages, lower parasitic resistances, smaller size, and less cooling is required due to high-temperature capability. Moreover, silicon carbide-based devices have been used for short-wavelength optoelectronic, high temperature, radiation resistant applications.
On the basis of application, the silicon carbide wafers market is segmented into power grid device, industrial motor drive, EV motor drive, RF device & cellular base station, solar energy, wind energy, flexible AC transmission systems, high-voltage, direct current, electronic combat system, lighting control, EV charging, power supply and inverter, flame detector, and others. In 2022, the power grid device segment is expected to dominate the market as power grids use smart grid technology, including control systems and automation that help new technologies work together, supporting a power grid that can respond digitally to quickly changing electricity demand.
On the basis of industry, the silicon carbide wafers market is segmented into telecommunication, energy & power, renewable power generation, automotive, power electronics, defense, and others. In 2022, the telecommunication segment is expected to dominate the market as the industry has become an indispensable infrastructure for entertainment, news, social connectivity, and e-commerce. Telecom networks have to be scalable enough to accommodate future growth. Growth implies more end devices running more applications that require greater bandwidth, predictable response times, and low latency which is being offered by SiC-based devices.

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Highlights of TOC :

Chapter 1: Market overview

Chapter 2: Global Silicon Carbide Wafers Market

Chapter 3: Regional analysis of the Global Silicon Carbide Wafers industry

Chapter 4: Global Silicon Carbide Wafers segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-silicon-carbide-wafers-market

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