Silicon Carbide Market
Silicon Carbide Market - Global Industry Assessment & Forecast
#
Pages:
214
Base Year:
2024
Nov - 2024
Format:
Report Code:
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
Silicon Carbide Market Segment Analysis
- Silicon Carbide Product Type Outlook (Revenue, USD Million, 2018 - 2030)
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Silicon Carbide Device Type Outlook (Revenue, USD Million, 2018 - 2030)
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Silicon Carbide Application Outlook (Revenue, USD Million, 2018 - 2030)
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Silicon Carbide End-Use Industry Outlook (Revenue, USD Million, 2018 - 2030)
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
-
North America Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
-
North America Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
-
North America Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- U.S.
- U.S. Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- U.S. Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- U.S. Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- U.S. Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- U.S. Silicon Carbide Market, by Product Type
- Canada
- Canada Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Canada Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Canada Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Canada Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Canada Silicon Carbide Market, by Product Type
-
Mexico
- Mexico Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Mexico Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Mexico Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Mexico Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Mexico Silicon Carbide Market, by Product Type
-
North America Silicon Carbide Market, by Product Type
- Europe
-
Europe Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
-
Europe Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
-
Europe Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
-
Europe Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- U. K.
- U.K. Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- U.K. Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- U.K. Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- U.K. Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- U.K. Silicon Carbide Market, by Product Type
- France
- France Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- France Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- France Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- France Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- France Silicon Carbide Market, by Product Type
-
Germany
- Germany Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Germany Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Germany Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Germany Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Germany Silicon Carbide Market, by Product Type
-
Italy
- Italy Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Italy Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Italy Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Italy Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Italy Silicon Carbide Market, by Product Type
-
Spain
- Spain Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Spain Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Spain Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Spain Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Spain Silicon Carbide Market, by Product Type
-
Rest of Europe
- Rest of Europe Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Rest of Europe Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Rest of Europe Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Rest of Europe Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Rest of Europe Silicon Carbide Market, by Product Type
-
Europe Silicon Carbide Market, by Product Type
- Asia Pacific
-
Asia Pacific Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
-
Asia Pacific Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
-
Asia Pacific Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
-
Asia Pacific Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- China
- China Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- China Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- China Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- China Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- China Silicon Carbide Market, by Product Type
- Japan
- Japan Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Japan Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Japan Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Japan Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Japan Silicon Carbide Market, by Product Type
-
Germany
- Germany Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Germany Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Germany Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Germany Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Germany Silicon Carbide Market, by Product Type
-
India
- India Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- India Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- India Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- India Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- India Silicon Carbide Market, by Product Type
-
South Korea
- South Korea Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- South Korea Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- South Korea Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- South Korea Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- South Korea Silicon Carbide Market, by Product Type
-
South East Asia
- South East Asia Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- South East Asia Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- South East Asia Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- South East Asia Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- South East Asia Silicon Carbide Market, by Product Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Rest of Asia Pacific Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Rest of Asia Pacific Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Rest of Asia Pacific Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Rest of Asia Pacific Silicon Carbide Market, by Product Type
-
Asia Pacific Silicon Carbide Market, by Product Type
- Latin America
-
Latin America Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
-
Latin America Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
-
Latin America Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
-
Latin America Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Brazil
- Brazil Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Brazil Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Brazil Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Brazil Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Brazil Silicon Carbide Market, by Product Type
- Argentina
- Argentina Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Argentina Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Argentina Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Argentina Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Argentina Silicon Carbide Market, by Product Type
-
Rest of Latin America
- Rest of Latin America Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Rest of Latin America Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Rest of Latin America Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Rest of Latin America Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Rest of Latin America Silicon Carbide Market, by Product Type
-
Latin America Silicon Carbide Market, by Product Type
- Middle East & Africa
-
Middle East & Africa Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
-
Middle East & Africa Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
-
Middle East & Africa Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
-
Middle East & Africa Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- GCC Countries
- GCC Countries Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- GCC Countries Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- GCC Countries Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- GCC Countries Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- GCC Countries Silicon Carbide Market, by Product Type
- South Africa
- South Africa Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- South Africa Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- South Africa Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- South Africa Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- South Africa Silicon Carbide Market, by Product Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Silicon Carbide Market, by Product Type
- Black Silicon Carbide
- Green Silicon Carbide
- Other
- Rest of Middle East & Africa Silicon Carbide Market, by Device Type
- SiC Discrete Devices
- SiC Power Modules
- SiC Power Semiconductors
- SiC Optoelectronic Devices
- Rest of Middle East & Africa Silicon Carbide Market, by Application
- Power Electronics
- Automotive
- Renewable Energy
- Industrial
- Rest of Middle East & Africa Silicon Carbide Market, by End-Use Industry
- Automotive
- Energy and Power
- Electronics and Semiconductors
- Aerospace and Defense
- Other
- Rest of Middle East & Africa Silicon Carbide Market, by Product Type
-
Middle East & Africa Silicon Carbide Market, by Product Type
- North America
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.
