Registering a CAGR of 7.8% over the forecast period of 2022-2027, the global Silicon Carbide Wafer Market will reach the market value of US$ 4253.1 million in the year 2027 from US$ 3350.7 million in the year 2020.
The report Silicon Carbide Wafer Market Analysis and forecast 2027 maintains enhanced dynamics and is outshone by a top player across the globe. The research report provides Silicon Carbide Wafer Market examination and information consistent to market segments such as layouts, product type, application, and end-use industry. Experts use the most recent Silicon Carbide Wafer Market research methods and tools to assemble widespread and precise marketing research reports. A detailed outline about Silicon Carbide Wafer market size and share were combined in this report which gives a complete analysis of different verticals of businesses.A full plan about Silicon Carbide Wafer market size and share were combined in this report which gives a complete analysis of different verticals of businesses. The Silicon Carbide Wafer Market report provides actual guidelines and plans for industry players to obtain a position at the top in the Silicon Carbide Wafer Market. Also, this report is stress universal and leading key players profiles and serves the ultimate guide to discovering opportunities in the Silicon Carbide Wafer Market industry internationally.
Top Key players in the Silicon Carbide Wafer Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes Cree, DowDuPont, SiCrystal, II-VI Advanced Materials, Nippon Steel & Sumitomo Metal, Norstel, Aymont Technology, TankeBlue, SICC, Hebei Synlight Crystal, CETC, Xiamen Powerway Advanced Material Co, American Elements, General Electric,AGSCO Corporation, Carborundum Universal Limited, Washington Mills, Coorstek, Entegris, Inc., ESD-SIC b.v., Snam Abrasives Pvt. Ltd., Gaddis Engineered Materials, Grindwell Norton Ltd., SK Siltron Co., Ltd. and others.
October 5, 2021: Cree Lighting has announced an all-new canopy lighting solution, the CPY500™ Series. With a modern, innovative design, this fixture provides fuel islands and commercial canopies with category-leading levels of curb appeal, visual comfort, energy efficiency and customer attraction. Research shows that more than 50% of drivers rank lighting.
May 5th, 2022: GE Renewable Energy has announced a minority investment in COBOD International, the company providing the 3D printer used at the Bergen research facility. Officials from both companies said the investment will build on an existing relationship with COBOD International, a leading player in 3D construction printing solutions, first undertaken in 2019
May 4, 2022: II‐VI Incorporated (Nasdaq: IIVI), the world’s largest ion implant foundry with disk refurbishing services, has announced that it will extend its ion implanter disk refurbishing services to Asia, with a multimillion-dollar expansion in Hsinchu City, Taiwan, which is expected to come online in July 2022.
The silicon carbide automotive market is expected to grow at a 38% CAGR to exceed $1.5billion in 2025. Along with EV applications, SiC is of great interest to the charging infrastructure market, which is growing significantly. Indeed, high-power chargers can benefit from SiC’s higher efficiency and higher frequency by offering more compact solutions than silicon-based insulated-gate bipolar transistors (IGBTs). This market is growing at a 90% CAGR from just $5m in 2019 to $225million in 2025.
Silicon Carbide Wafer Market is segmented based on the type, applications, companies and regions.
By Type
By End User’s
The market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Report Attributes | Report Details |
Forecast Period 2020 to 2027 CAGR | CAGR of 7.8% during the review period (2020 to 2027). |
By Type |
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By Application |
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By Companies | Cree, DowDuPont, SiCrystal, II-VI Advanced Materials, Nippon Steel & Sumitomo Metal, Norstel, Aymont Technology, TankeBlue, SICC |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 118 |
Customization Available | Yes, the report can be customized as per your needs |
What will the Silicon Carbide Wafer Market growth rate?
The Global Silicon Carbide Wafer market will register a 9.8% CAGR
Who are the prominent players in the Carbon nanotubes market?
Cree, DowDuPont, SiCrystal, II-VI Advanced Materials, Nippon Steel & Sumitomo Metal, Norstel, Aymont Technology, TankeBlue, SICC
Which region held the largest share in the medical flexible packaging market?
United States, Europe, China, Japan, Southeast Asia, India and Rest of World
What are the significant types of Silicon Carbide Wafer Market?
2 Inch SiC Wafer (4H-SiC & 6H-SiC) ,3 Inch SiC Wafer (4H-SiC & 6H-SiC), 4 Inch SiC Wafer (4H-SiC & 6H-SiC), 6 Inch SiC Wafer (4H-SiC & 6H-SiC)
What are the major end-use applications of Silicon Carbide Wafer Market?
Power Device, Electronics & Optoelectronics, Wireless Infrastructure, Hybrid Electric Vehicles, LED Lighting, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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