Silicon Carbide Market
Silicon Carbide Market - Global Industry Assessment & Forecast
#
Pages:
214
2024
Nov - 2024
VMR-3223
Segments Covered
By
Product Type Black Silicon Carbide, Green Silicon Carbide, Other
-
By
Device Type SiC Discrete Devices, SiC Power Modules, SiC Power Semiconductors, SiC Optoelectronic Devices
-
By
Application Power Electronics, Automotive, Renewable Energy, Industrial
-
By
End-Use Industry Automotive, Energy and Power, Electronics and Semiconductors, Aerospace and Defense, Other
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2024 |
| Forecast
Years:
|
2025 - 2034 |
 Historical
Years:
|
2019 - 2023 |
 Revenue
2024: |
USD 4.21 Billion |
 Revenue 2034:
|
USD 12.56 Billion |
 Revenue CAGR
(2025 - 2034): |
11.56% |
Fastest Growing Region (2025 -
2034)
|
Asia Pacific |
Largest Region (2024):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2019 to 2023 |
| 3. | Forecast Data | 2025 to 2034 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
Vantage Market
Research | 07-Nov-2024
FAQ
Frequently Asked Question
What is the global demand for Silicon Carbide in terms of revenue?
-
The global Silicon Carbide valued at USD 4.21 Billion in 2024 and is expected to reach USD 12.56 Billion in 2034 growing at a CAGR of 11.56%.
Which are the prominent players in the market?
-
The prominent players in the market are Wolfspeed, Inc. (formerly Cree), Infineon Technologies AG, STMicroelectronics, Onsemi, ROHM Co., Ltd., Renesas Electronics Corporation, Fuji Electric Co., Ltd., SK Siltron Co., Ltd., Entegris, Inc., Washington Mills, Saint-Gobain, CoorsTek, Carborundum Universal Limited, Grindwell Norton Ltd., Imerys..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 11.56% between 2025 and 2034.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Silicon Carbide include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Silicon Carbide in 2024.
