Silicon Wafer, Global Key Players Rank and Market Share, Top 18 Companies Hold 99% (2022) | |
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. According to the new market research report “Global Silicon Carbide Wafer Market Report 2023-2029”, published by QYResearch, the global Silicon Carbide Wafer market size is projected to reach USD 2.35 billion by 2029, at a CAGR of 14.8% during the forecast period. Market Drivers: D1: The major driver for silicon carbide power devices is recognition that compound semis present a compelling value proposition for battery-electric vehicles D2: Demand from GaN-Silicon Carbide Based 5G Systems Restraints: 1. As the core link of the silicon carbide industry chain, silicon carbide substrates are difficult to manufacture, and production capacity expansion requires a large amount of funds and corresponding technical support. 2. As the one of the largest downstream application field of silicon carbide power devices, if the demand for new energy vehicle is not as expected, it will have a greater impact on the demand for silicon carbide devices. 3. Technology Trend: Silicon carbide devices have very high technological requirements. Among them, the high-stability crystal growth process technology is its core, which was originally only mastered by a few developed countries such as the United States, and only a few companies in the world can commercialize mass production. Trends: 1.8-inch substrates will become mainstream products in the future. Among the cost ratios of silicon carbide devices: substrates, epitaxy, and devices accounted for 46%, 23%, and 20%, respectively. The substrate is the core of silicon carbide cost reduction and the highest technical barrier. It is the core key to SiC cost reduction and large-scale industrialization in the future. 2. Increasing use of SiC devices in power supply Electronics is the main application area.The main driver of this market growth is due to the increasing use of SiC devices in power supply and inverter applications. QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future. | |
Target Nation: All Nations Target City : All Cities Last Update : 21 March 2024 3:22 AM Number of Views: 71 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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