Chemical & Materials
Global Silicon Carbide Wafers Market to 2032
Revenue, 2024 (USD Million)
1.55
Forecast, 2032 (USD Million)
7.00
CAGR, 2024 - 2032
18.58%
Report Coverage
Global
Global Silicon Carbide Wafers Market 2018-2032 USD Million
Global Silicon Carbide Wafers Market, Overview (2024-2032)
Market Growth and Projections:
- Market Size (2024): 1.55 USD Million
- Projected Market Size (2032): 7.00 USD Million
- CAGR (2024-2032): 18.58%
Key Findings of Global Silicon Carbide Wafers Market
- The Global Silicon Carbide Wafers Market is likely to grow at a CAGR of 18.58% during the forecast period of 2024 to 2032.
- Global Silicon Carbide Wafers Marketsize was valued at 1.55 USD Million in 2024.
- In 2024, SiC Discrete Devices segment dominated the market with the largest market share.
- Power Grid Device in the product segment is expected to witness the fastest growth during the forecast period.
Global Silicon Carbide Wafers Market Scope
Global Silicon Carbide Wafers Market Segmentation & Scope
Application
- Others
- Flame Detector
- Wind Energy
- Solar Energy
- EV Motor Drive
- EV Charging
- Industrial Motor Drive
- Power Supply and Inverter
- Lighting Control
- Electronic Combat System
- High-Voltage, Direct Current
- Flexible AC Transmission Systems
- RF Device & Cellular Base Station
- Power Grid Device
Industry
- Others
- Defense
- Power Electronics
- Automotive
- Renewable Power Generation
- Energy & Power
- Telecommunication
Wafer Size
- 2-inch
- 6-inch and above
- 4-inch
Device
- SiC Bare Die
- SiC Discrete Devices
Global Silicon Carbide Wafers Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 1.55 USD Million |
| Market Value in 2032 | 7.00 USD Million |
| CAGR (2024-2032) | 18.58% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Industry,Wafer Size,Device |
| Largest Segment | SiC Discrete Devices |
| Fastest Growing Segment | Power Grid Device |
| Major Players | Coherent Corp., Others, WOLFSPEED, INC., SHOWA DENKO K.K., SiCrystal Gmbh, SICC Co., Ltd., Homray Material Technology |
Market Segmentation:
-
Product Segment:
- Largest Segment (2024): SiC Discrete Devices
- Fastest Growing Segment (2024-2032): Power Grid Device
Regional Insights:
-
Leading Market (2024-2032): Global
- Key Country: U.S., leading in terms of revenue and market share by 2032.
Global Silicon Carbide Wafers Market Company Share Analysis
| Name | Market Share | OwnnerShip | HQ | Website |
|---|---|---|---|---|
| Coherent Corp. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Others | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| WOLFSPEED | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| INC. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| SHOWA DENKO K.K. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| SiCrystal Gmbh | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| SICC Co. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Ltd. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Homray Material Technology | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
Global Silicon Carbide Wafers Market Geographical Sales Distribution, 2018-2032 USD Million
Global Silicon Carbide Wafers Market Company Profiling
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
Frequently Asked Questions
The Global Silicon Carbide Wafers Market is segmented based on Segmentation Application,Industry,Wafer Size,Device.
Global Silicon Carbide Wafers Market was valued at USD 1.55(Revenue in USD Million) in 2021.
Global Silicon Carbide Wafers Market is projected to grow at a CAGR of 18.58% during the forecast period of 2024 to 2032.
The estimated market value of the Global Silicon Carbide Wafers Market for final year is USD 7.00 (USD Million).
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