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Silicon Carbide Wafer Market Is Expected to Reach 540 Million US$ by the End of 2025

Silicon Carbide Wafer Market New Research Report Announced with business priorities in order to assist companies to realign their business strategies.

Posted: Tuesday, April 23, 2019 at 3:28 PM CDT

Los Angeles, CA -- (SBWire) -- 04/23/2019 --SiC single crystal wafers have excellent heat resistance and voltage resistance compared to silicon wafers that are widely used for semiconductors. SiC single crystal wafers can remarkably reduce energy loss during electric power control, significantly contributing to the reduction of energy use and environmental stress. They are highly expected as substrate materials for the next-generation power semiconductor devices.

The global production of the silicon carbide wafer increased from 310 K Pcs in 2013 to 453 K Pcs in 2017, backed with the increasing demand of downstream industry. Key players in the industry include Cree, Dow Corning, SiCrystal and so on. USA, Europe and Japan are the major consumers. The total three regions accounted for more than 90% consumption market share in 2017. Among various applications, demand from powder device accounts for the largest share. In 2017, the filed consumed 39.34% silicon carbide wafer.

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The global Silicon Carbide Wafer market is valued at 240 million US$ in 2018 is expected to reach 540 million US$ by the end of 2025, growing at a CAGR of 10.8% during 2019-2025.

This report focuses on Silicon Carbide Wafer volume and value at global level, regional level and company level. From a global perspective, this report represents overall Silicon Carbide Wafer market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Cree

Dow Corning

SiCrystal

II-VI Advanced Materials

Nippon Steel & Sumitomo Metal

Norstel

Aymont Technology

TankeBlue

SICC

Hebei Synlight Crystal

CETC

Segment by Regions

North America

Europe

China

Japan

Segment by Type

2 Inch

3 Inch

4 Inch

6 Inch

Other

Segment by Application

Power Device

Electronics & Optoelectronics

Wireless Infrastructure

Other

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