Silicon carbide Market Analysis, Size, Share, Growth,
Trends and Forecast To 2025
Silicon carbide wafers have excellent heat resistance and voltage resistance which make it
widely used for semiconductors. These Silicon Carbide wafers can remarkably reduce energy
loss during electric power control, significantly contributing to the reduction of energy use
and environmental stress.
Need of improved energy- efficiency power devices, LED lighting, and telecommunications will boost
the global silicon carbide market in upcoming year. Moreover, Silicon carbide wafer characteristics
in electrical devices such as polishing materials include a petroleum base to help the long-lasting
lubricant break down into small pieces with sharp edges will play a major in growth of silicon carbide
wafer market. Further, government initiatives for renewables power light and awareness among
people for more using of LED lights and solar lights and electrification in rural areas will increase
Silicon Carbide wafer market. According to BlueWeave Consulting, The global Silicon Carbide Wafer
market is expected to grow with a significant rate during the forecast period 2018-2025 owing to
increasing demand of low power consumption devices.
Global Silicon Carbide Wafer Market Competitive Landscape
Companies such as Cree, Dow Corning, SiCrystal GmbH, II-VI Advanced Materials, Nippon Steel &
Sumitomo Metal, Norstel, Aymont Technology, TankeBlue, SICC, Hebei Synlight Crystal, CETC are
the key players in manufacturing silicon carbide wafer. In terms of product offerings, Cree and Dow
Corning are the major players in the market.
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carbide-wafer-market-1969#ReportSample/
4 inch product type of Silicon Carbide Wafer market is projected to be the leading segment of
the overall market during the forecast period
On the basis of product type, the Silicon Carbide Wafer Market has been segmented into 2 Inch, 4
Inch 6 Inch and others. 4 Inch wafer dominates the global Silicon Carbide Wafer owing to the
increment in demand of LED chips and other renewables power devices. 6 Inch wafer will be the
fastest growing product type in silicon wafer market owing to government initiatives for renewables
power light and awareness among people about the benefits of uses of LED lights. 6 inch Silicon
Carbide wafer market will also shoot up due to increase its uses in Solar lights panels.
Wireless Infrastructure is projected to leading industry for utilizing applications of the Silicon
Carbide (SIC) wafer during forecast period
On the basis of application, the global silicon carbide market has been segmental into Power Device,
Electronics & Optoelectronics, and wireless Infrastructure. By application type, wireless
Infrastructure will lead the market in perspectives of features of silicon carbide wafer like High band
gap means to control high temperature power, significantly high thermal conductivity which make
telecom towers to run without any transmission fault. Electronics & Optoelectronics industry will grow
due to huge demand from across globe for LED lights, increment in demand of solar devices.
Moreover, demand of electronics accessories, smartphones etc. all electronics devices will play
major role in growth of SIC wafer market. Power devices market will drive by electrification and
improvement in power infrastructure across the globe.
North America accounts for lion share of the global Silicon Carbide Wafer market during the
anticipated period.
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