Silicon Carbide Global Market Report 2024

Global Silicon Carbide Market Report 2024

Silicon Carbide Global Market Report 2024 – By Product (Black Silicon Carbide, Green Silicon Carbide), By Device Type (SiC Discrete Device, SiC Bare Die), By Application (Steel, Automotive, Aerospace, Military And Defense, Electrical And Electronics, Healthcare, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Silicon Carbide Global Market Report 2024
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Silicon Carbide Global Market Report 2024

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Silicon Carbide Global Market Report 2024

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Silicon Carbide Market Definition

The silicon carbide are hard and insoluble substances used as an abrasive and electrical resistor in high-temperature devices. Silicon carbide is a crystalline chemical compound of silicon and carbon produced synthetically in the form of SiC powder. It is suitable for high-power applications as it offers extreme chemical inertness, hardness, relatively low thermal expansion, high thermal conductivity, resistance to corrosion, and a high force-to-weight radius.

The main types of silicon carbide are black silicon carbide and green silicon carbide. Black silicon carbides are black, crisper, harder, and not as pure as green silicon carbides, which contain more than 95% SiC. It is more economic as well as easy to availability. The different types of devices include SiC discrete devices and SiC bare die and are used in various applications such as steel, automotive, aerospace, military and defense, electrical and electronics, healthcare, and others.

Silicon Carbide Market Segmentation

The silicon carbide market covered in this report is segmented –

1) By Product: Black Silicon Carbide, Green Silicon Carbide

2) By Device Type: SiC Discrete Device, SiC Bare Die

3) By Application: Steel, Automotive, Aerospace, Military And Defense, Electrical And Electronics, Healthcare, Other Applications

Global Silicon Carbide Market Size 2023 to 2028: Graph

Silicon Carbide Market Size 2024 And Growth Rate

The silicon carbide market size has grown rapidly in recent years. It will grow from $2.29 billion in 2023 to $2.7 billion in 2024 at a compound annual growth rate (CAGR) of 17.7%. The growth in the historic period can be attributed to growth in the electronics and semiconductor industry, high-temperature and high-power applications, silicon carbide's superior material properties, adoption in automotive power electronics, renewable energy conversion and storage, military and aerospace applications..

Silicon Carbide Market Growth Forecast

The silicon carbide market size is expected to see rapid growth in the next few years. It will grow to $5.05 billion in 2028 at a compound annual growth rate (CAGR) of 17.0%. The growth in the forecast period can be attributed to expansion of electric vehicle production, wide bandgap semiconductors for energy efficiency, 5g communication and rf devices, solar inverters and power management, quantum technologies and superconductors, sic power devices for industrial applications.. Major trends in the forecast period include sic-on-insulator (sicoi) technology for integrated circuits, sic substrates for high-power density applications, sic-based optical devices and sensors, sic composite materials for aerospace, sic-based quantum computing components, sic power modules for grid integration..

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Silicon Carbide Market Driver: Silicon Carbide Market Surges With Rising Electric Vehicle Demand

Emerging demand for electric vehicles is significantly driving the growth of the silicon carbide market. Electric vehicles (EVs) use rechargeable batteries that produce very little noise and no exhaust, making them environmentally friendly. SiC is a semiconductor material used in electric vehicles because it has a higher thermal conductivity, can handle high voltages up to 1200 volts, and increases efficiency while lowering the vehicle's weight and cost. For instance, in September 2022, according to the International Energy Agency, a France-based autonomous intergovernmental organization, sales of electric vehicles nearly doubled to 6.6 million in 2021 from 3 million in 2020, representing almost 9% of total sales, and increased by 4% points in 2021 as well, bringing the total number of electric vehicles on the road to 16.5 million. Therefore, the emerging demand for electric vehicles is projected to propel the growth of the silicon carbide market going forward.

Silicon Carbide Market Driver: Silicon Carbide Market Growth Fueled By Rising Consumer Electronics Demand

The increasing demand for consumer electronics is expected to propel the growth of the silicon carbide market going forward. Consumer electronics refers to electronic devices and gadgets designed for personal use, such as smartphones, laptops, televisions, and home appliances. Silicon carbide is employed in consumer electronics for its high-temperature resistance and efficient power management, enhancing device performance and durability. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic equipment production in Japan reached $52,36,535 million ( ¥771,457 million). In addition, consumer electronics production reached $2,178,430 million (¥32,099 million) in May 2023, compared to $1,714,724 million (¥25,268 million) in May 2022. Therefore, increasing demand for consumer electronics is driving the growth of the silicon carbide market.

Global Silicon Carbide Market Major Players

Major companies operating in the silicon carbide market include Infineon Technologies AG, Cree Inc., ROHM Co. Ltd., ESK-SIC GmbH, ESD-SIC BV, Grindwell Norton Limited, Entegris Inc., Saint-Gobain Ceramic Materials GmbH, AGSCO Corporation, Carborundum Universal Limited, Dow Inc., Fuji Electric Co. Ltd., General Electric Company, Microchip Technology Incorporated, Snam Abrasives Pvt. Ltd., STMicroelectronics N.V., Mitsubishi Chemical Corporation, Arkema S.A., Addivant USA LLC, Akdeniz Chemson Polymer Additives A.S., Evonik Industries AG, Kaneka Americas Holding Inc., Plastics Color Corporation, Shandong Ruifeng Chemical Co. Ltd., Bridgestone Corporation, Washington Mills Electro Minerals Corporation, LG Innotek Co. Ltd., Pallidus Inc., Cree Inc., Elsid S.A., Asron AB, CoorsTek Inc.

Global Silicon Carbide Market Trend: Strategic Partnerships To Gain A Competitive Edge

Strategic partnerships and collaboration are shaping the silicon carbide market. Key players operating in the silicon carbide market are focusing on partnerships and collaborations to improve efficiency and cost savings, expand value propositions, and extend their growth in new areas to be a leader in the industry. For instance, in November 2021, Qorvo, a US-based semiconductor company, acquired UnitedSiC, a US-based manufacturer of silicon carbide power semiconductors. The deal broadens Qorvo's presence into fast-growing areas such as circuit protection, electric vehicles (EVs), renewables, industrial power, and data centre power.

Global Silicon Carbide Market Trend: Increasing Focus On Introducing Advanced Silicon Carbide Transistors To Gain A Competitive Edge

Major companies operating in the silicon carbide market are focused on developing advanced silicon carbide transistors to gain a competitive edge in the market. Advanced silicon carbide transistors enhance power electronics for efficient energy conversion in electric vehicles and renewable energy systems. For instance, in August 2022, Toshiba Electronics Europe GmbH, a Germany-based provider of electronic components, launched its third generation of silicon carbide (SiC) MOSFETs, which includes both 650V and 1200V voltage products. These MOSFETs have been specifically engineered for demanding high-power industrial purposes, including industrial power supplies, solar inverters, and UPS systems. These innovative components come with enhancements in terms of reliability, exceptional performance in high-temperature settings, rapid switching capabilities, and low on-resistance characteristics when compared to traditional silicon power semiconductors.

Silicon Carbide Market Merger And Acquisition: On Semiconductor Acquired Gt Advanced Technologies Inc.

In August 2021, ON Semiconductor, a US-based semiconductor manufacturing company, acquired GT Advanced Technologies Inc. for $415 million. The acquisition is intended to strengthen Semi's presence in the sustainable ecosystem, including power switching devices for boosting system performance in electric vehicles (EVs), EV charging, and energy infrastructure, as well as fulfil significantly increasing consumer demand for SiC-based solutions. GT Advanced Technologies Inc. is a US-based company engaged in the manufacturing of silicon carbide and sapphire crystal materials.

Regional Outlook For The Global Silicon Carbide Market

Asia-Pacific was the largest region in the silicon carbide market in 2023. The regions covered in the silicon carbide market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the silicon carbide market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The silicon carbide market consists of sales of silicon carbide in different forms, including nitride-bonded silicon carbide, sintered silicon carbide, and reaction-bonded silicon carbide. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The silicon carbide market research report is one of a series of new reports from The Business Research Company that provides silicon carbide market statistics, including silicon carbide industry global market size, regional shares, competitors with a silicon carbide market share, detailed silicon carbide market segments, market trends and opportunities, and any further data you may need to thrive in the silicon carbide industry. This silicon carbide market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Silicon Carbide Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$2.7 billion
Revenue Forecast In 2033	$5.05 billion
Growth Rate	CAGR of 17% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Product: Black Silicon Carbide, Green Silicon Carbide 2) By Device Type: SiC Discrete Device, SiC Bare Die 3) By Application: Steel, Automotive, Aerospace, Military And Defense, Electrical And Electronics, Healthcare, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Infineon Technologies AG; Cree Inc.; ROHM Co. Ltd.; ESK-SIC GmbH; ESD-SIC BV; Grindwell Norton Limited; Entegris Inc.; Saint-Gobain Ceramic Materials GmbH; AGSCO Corporation; Carborundum Universal Limited; Dow Inc.; Fuji Electric Co. Ltd.; General Electric Company; Microchip Technology Incorporated; Snam Abrasives Pvt. Ltd.; STMicroelectronics N.V.; Mitsubishi Chemical Corporation; Arkema S.A.; Addivant USA LLC; Akdeniz Chemson Polymer Additives A.S.; Evonik Industries AG; Kaneka Americas Holding Inc.; Plastics Color Corporation; Shandong Ruifeng Chemical Co. Ltd.; Bridgestone Corporation; Washington Mills Electro Minerals Corporation; LG Innotek Co. Ltd.; Pallidus Inc.; Cree Inc.; Elsid S.A.; Asron AB; CoorsTek Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Silicon Carbide Market Characteristics

3. Silicon Carbide Market Trends And Strategies

4. Silicon Carbide Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Silicon Carbide Market Size and Growth

5.1. Global Silicon Carbide Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Silicon Carbide Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Silicon Carbide Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Silicon Carbide Market Segmentation

6.1. Global Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Black Silicon Carbide

Green Silicon Carbide

6.2. Global Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

SiC Discrete Device

SiC Bare Die

6.3. Global Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Steel

Automotive

Aerospace

Military And Defense

Electrical And Electronics

Healthcare

Other Applications

7. Silicon Carbide Market Regional And Country Analysis

7.1. Global Silicon Carbide Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Silicon Carbide Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Silicon Carbide Market

8.1. Asia-Pacific Silicon Carbide Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Silicon Carbide Market

9.1. China Silicon Carbide Market Overview

9.2. China Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Silicon Carbide Market

10.1. India Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Silicon Carbide Market

11.1. Japan Silicon Carbide Market Overview

11.2. Japan Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Silicon Carbide Market

12.1. Australia Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Silicon Carbide Market

13.1. Indonesia Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Silicon Carbide Market

14.1. South Korea Silicon Carbide Market Overview

14.2. South Korea Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Silicon Carbide Market

15.1. Western Europe Silicon Carbide Market Overview

15.2. Western Europe Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Silicon Carbide Market

16.1. UK Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Silicon Carbide Market

17.1. Germany Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Silicon Carbide Market

18.5. France Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Silicon Carbide Market

19.9. Italy Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Silicon Carbide Market

20.13. Spain Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Silicon Carbide Market

21.1. Eastern Europe Silicon Carbide Market Overview

21.2. Eastern Europe Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Silicon Carbide Market

22.1. Russia Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Silicon Carbide Market

23.1. North America Silicon Carbide Market Overview

23.2. North America Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Silicon Carbide Market

24.1. USA Silicon Carbide Market Overview

24.2. USA Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Silicon Carbide Market

25.1. Canada Silicon Carbide Market Overview

25.2. Canada Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Silicon Carbide Market

26.1. South America Silicon Carbide Market Overview

26.2. South America Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Silicon Carbide Market

27.1. Brazil Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Silicon Carbide Market

28.1. Middle East Silicon Carbide Market Overview

28.2. Middle East Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Silicon Carbide Market

29.1. Africa Silicon Carbide Market Overview

29.2. Africa Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Silicon Carbide Market Competitive Landscape And Company Profiles

30.1. Silicon Carbide Market Competitive Landscape

30.2. Silicon Carbide Market Company Profiles

30.2.1. Infineon Technologies AG

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Cree Inc.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. ROHM Co. Ltd.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. ESK-SIC GmbH

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. ESD-SIC BV

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Silicon Carbide Market Competitive Benchmarking

32. Global Silicon Carbide Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Silicon Carbide Market

34. Silicon Carbide Market Future Outlook and Potential Analysis

34.1 Silicon Carbide Market In 2028 - Countries Offering Most New Opportunities

34.2 Silicon Carbide Market In 2028 - Segments Offering Most New Opportunities

34.3 Silicon Carbide Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Silicon Carbide Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Silicon Carbide Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Infineon Technologies AG Financial Performance

Table 75: Cree Inc. Financial Performance

Table 76: ROHM Co. Ltd. Financial Performance

Table 77: ESK-SIC GmbH Financial Performance

Table 78: ESD-SIC BV Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Silicon Carbide Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Silicon Carbide Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Silicon Carbide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Silicon Carbide Market, Segmentation By Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Silicon Carbide Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Infineon Technologies AG Financial Performance

Figure 75: Cree Inc. Financial Performance

Figure 76: ROHM Co. Ltd. Financial Performance

Figure 77: ESK-SIC GmbH Financial Performance

Figure 78: ESD-SIC BV Financial Performance

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Frequently Asked Questions

What is the definition of the silicon carbide market?

How will the silicon carbide market drivers and restraints affect the silicon carbide market dynamics? What forces will shape the silicon carbide industry going forward?

The silicon carbide market major growth driver - Silicon Carbide Market Surges With Rising Electric Vehicle Demand. For further insights on the silicon carbide market, request a sample here

What is the forecast market size or the forecast market value of the silicon carbide market?

The silicon carbide market size has grown rapidly in recent years. It will grow from $2.29 billion in 2023 to $2.7 billion in 2024 at a compound annual growth rate (CAGR) of 17.7%. The growth in the historic period can be attributed to growth in the electronics and semiconductor industry, high-temperature and high-power applications, silicon carbide's superior material properties, adoption in automotive power electronics, renewable energy conversion and storage, military and aerospace applications.. The silicon carbide market size is expected to see rapid growth in the next few years. It will grow to $5.05 billion in 2028 at a compound annual growth rate (CAGR) of 17.0%. The growth in the forecast period can be attributed to expansion of electric vehicle production, wide bandgap semiconductors for energy efficiency, 5g communication and rf devices, solar inverters and power management, quantum technologies and superconductors, sic power devices for industrial applications.. Major trends in the forecast period include sic-on-insulator (sicoi) technology for integrated circuits, sic substrates for high-power density applications, sic-based optical devices and sensors, sic composite materials for aerospace, sic-based quantum computing components, sic power modules for grid integration.. For further insights on the silicon carbide market, request a sample here

How is the silicon carbide market segmented?

The silicon carbide market is segmented
1) By Product: Black Silicon Carbide, Green Silicon Carbide
2) By Device Type: SiC Discrete Device, SiC Bare Die
3) By Application: Steel, Automotive, Aerospace, Military And Defense, Electrical And Electronics, Healthcare, Other ApplicationsFor further insights on the silicon carbide market, request a sample here

Which region has the largest share of the silicon carbide market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the silicon carbide market in 2023. The regions covered in the silicon carbide market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the silicon carbide market, request a sample here.

Who are the major players in the silicon carbide market?

What are the key trends in the silicon carbide market?

Major trend in the silicon carbide market - Strategic Partnerships To Gain A Competitive Edge. For further insights on the silicon carbide market, request a sample here.

What are the major opportunities in the silicon carbide market? What are the strategies for the silicon carbide market?

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How does the silicon carbide market relate to the overall economy and other similar markets?

For detailed insights on silicon carbide market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the silicon carbide industry?

For detailed insights on the mergers and acquisitions in the silicon carbide industry, request a sample here.

What are the key dynamics influencing the silicon carbide market growth? SWOT analysis of the silicon carbide market.

For detailed insights on the key dynamics influencing the silicon carbide market growth and SWOT analysis of the silicon carbide industry, request a sample here.