The Silicon Carbide Semiconductor Device Global Market Report 2023, provides comprehensive information on the silicon carbide semiconductor device market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Silicon Carbide Semiconductor Device Market’s Growth:
As per The Business Research Company’s Silicon Carbide Semiconductor Device Global Market Report 2023, the market size is expected to grow from $1.27 billion in 2022 to $1.59 billion in 2023 at a compound annual growth rate (CAGR) of 25.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global silicon carbide semiconductor device market size is expected to reach $3.69 billion in 2027 at a CAGR of 23.4%.
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Technological advancements have emerged as the key trend gaining popularity in the silicon carbide semiconductor device market. Major companies operating in the silicon carbide semiconductor device market are developing technological advancements to strengthen their position in the market. For instance, in September 2022, AIXTRON, a Germany-based that produces silicon carbide semiconductor devices, launched the next generation G10-SiC 200 mm system for silicon carbide epitaxy with wafer technology. The new G10-SiC 200 mm system offers a versatile dual wafer size configuration of 9×150 and 6×200 mm. This feature supports a wide range of device structures, including single- and double-drift layer structures that adhere to strict 150-mm uniformity requirements of sigma values less than 2% for doping and thickness.
The silicon carbide semiconductor device market is segmented:
1) By Type: SIC Diode, SIC Transistor, Other Types
2) By Wafer Size: 1 Inch To 4 Inches, 6 Inches, 8 Inches, 10 Inches And Above
3) By End-User: Automotive, Consumer Electronics, Aerospace And Defense, Medical Devices, Data And Communication Devices, Energy And Power, Other End-Users
Asia-Pacific was the largest region in the silicon carbide semiconductor device market in 2022.
The table of contents in TBRC’s silicon carbide semiconductor device market report includes:
1. Executive Summary
2. Silicon Carbide Semiconductor Device Market Characteristics
3. Silicon Carbide Semiconductor Device Market Trends And Strategies
4. Silicon Carbide Semiconductor Device Market – Macro Economic Scenario
5. Silicon Carbide Semiconductor Device Market Size And Growth
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26. Africa Silicon Carbide Semiconductor Device Market
27. Silicon Carbide Semiconductor Device Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Silicon Carbide Semiconductor Device Market
29. Silicon Carbide Semiconductor Device Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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