Global Silicon Carbide Market size was valued at USD 4.8 Bn. in 2023 and the total Silicon Carbide revenue is expected to grow by 29.3% from 2024 to 2030, reaching nearly USD 29 Bn.Silicon Carbide Market Overview:
Silicon carbide (SiC) is a kind of compound that has silicon and carbon atoms. It is recognized for its excellent features, like good heat conductivity, strength as well as resistance to corrosion and wear. Silicon carbide shows better performance than usual materials which makes it useful in many industries. The silicon carbide market has shown great growth over the past few years, due to a rising desire for top-quality materials in many different sectors. In this market, some companies make and distribute silicon carbide in forms like grains, powders, or wafers. People want silicon carbide because it has special features which include excellent thermal conductivity along with strength and ability to resist tough settings – all these qualities make it very useful for many applications.To know about the Research Methodology :- Request Free Sample Report The silicon carbide market is led by the Asia Pacific region, which has many manufacturers and increasing demand from industries like automotive, electronics, and energy. Europe and North America also play significant roles in this market due to their advancements in power electronics as well as electric vehicles. The silicon carbide market remains one of the sectors that are expected to show continuous growth over the next few years. Increasing demand for energy-saving solutions, progress in power electronics, and more use of electric vehicles are expected to push market expansion. Also, continuous research and development efforts concentrating on improving the manufacturing method and material quality might offer fresh prospects for the market's growth.
Global Silicon Carbide Market Dynamics:
Drivers Demand for Energy Efficiency and Rising Adoption of Electric Vehicles (EVs) are the drivers of the Silicon Carbide Services Market SiC, which has high thermal conductivity and wide bandgap, is very good for things needing energy efficiency. The rising need for devices that save energy in different areas like cars, power electronics or renewable power sources drives the use of SiC-based solutions. As the world shifts towards electric mobility, it is expected to be more demand for SiC-based power electronics in vehicles. In the field of electrical vehicles (EVs), SiC is becoming more popular due to its ability for higher efficiency and power density. It also allows longer driving ranges as well as faster charging times compared to components made with traditional silicon-based technology. Advancements in Manufacturing Technologies, Government Regulations and Incentives drives the market SiC manufacturing technologies continue to improve, such as epitaxial growth, better substrate quality, and advancement in device packaging. These advancements help reduce costs while also improving the overall quality of products. As a result, SiC becomes more commercially feasible which leads to increased market size. Government actions like rules for saving energy or encouraging the use of renewable power and making transport more electric with regulations, grants, and extra benefits are important factors that support the growth of the SiC market. Policies from governments that back clean energy technologies make it appealing for different areas to use SiC-based solutions. Restraints High manufacturing Costs can hamper the growth of the Silicon Carbide Market The Silicon Carbide (SiC) market things need complex ways, requiring high temperatures and special tools. This makes the SiC materials more costly to produce than normal semiconductors made from silicon. The production capability for SiC materials and devices is still limited compared to silicon-based ones. SiC, known for its excellent features such as strong heat conductivity and stability in high temperatures, is becoming more popular in different sectors such as automobile or power electronics. However, the complex production methods needed to utilize these benefits require big investments and ongoing expenses. The special equipment needed for Silicon Carbide production contributes to the capital expenditure, making overall manufacturing costs even higher. Limited Production Capacity of Silicon Carbide is another restraint The struggle to fulfill the growing worldwide need for SiC materials and devices is also impacted by the limited production capability. As more industries understand the advantages of SiC compared with usual silicon-based semiconductors, the gap between demand and supply becomes clearer. This leads to a situation where the demand is increased, like when there are new technologies or changes towards energy-saving answers, and can cause less available supplies causing prices to go up more than normal. To deal with these challenges, need to focus on improving the production abilities. Work on making the manufacturing processes better and invest in research and development to find more effective and cheaper ways of SiC production. It is helpful to have joint actions among those involved in the industry, along with policymakers. This could lessen supply restrictions and create a stronger environment worldwide for materials made from SiC as well as devices made using them. Opportunities Rising Adoption in Renewable Energy and Emerging Opportunities in 5G Infrastructure are creating opportunities in the Market: Silicon Carbide (SiC) is very effective and dependable in renewable energy systems, especially for things like solar inverters and wind turbines. It's because of its high efficiency and reliability that it becomes a preferred choice in these systems. As the use of renewable energy grows around the world, there is likely an increase in demand for power electronics based on SiC. The recognition silicon carbide industry's capacity to improve energy conversion and system effectiveness is shown in this trend. The arrival of 5G networks is bringing a need for components that cope with high frequencies and power levels. Devices based on SiC show unique benefits in this area, like less power loss and more operating frequencies. As the deployment of 5G infrastructure is increasing everywhere, SiC technology is expected to play an important role in helping to advance it. The properties of SiC itself help in creating better, stronger parts that are very important for handling the growing requirements of 5G networks. SiC's success in renewable energy and 5G infrastructure shows that it has the right qualities for a variety of technology areas. Its ability to make energy conversion more efficient and help with high-frequency operations makes SiC an important part of pushing forward invention and stability in these growing fields. As industries keep focusing on performance, trustworthiness, and eco-friendliness, there is an increasing need for solutions based on SiC which strengthens its position as a crucial technology for future energy and communication needs.Global Silicon Carbide Market Segment Analysis
The global Silicon Carbide Market is segmented By Product Type, Streaming Devices, Monetization Model, and Service verticals. By Product Type: The silicon carbide (SiC) market is divided by product type into two main sections, Green SiC and Black SiC. Green SiC, which is made using petroleum coke and silica sand, has a very good hardness and abrasion resistance. This makes it useful for many things such as making abrasive tools, grinding wheels, or even being used as a refractory material. It's also important to note that Black SiC - made from petroleum coke and silica sand through the process of smelting - has qualities such as excellent thermal conductivity combined with low thermal expansion; these factors make it very beneficial in applications related to abrasives as well as those involving refractories and the metallurgical industry. From these parts, Green SiC takes up much of the market because it has many uses and is already being used in different industries. But Black SiC also has a chance to grow in the future because more people are starting to use it for abrasive and metallurgical purposes, as well as its use by the steel industry in making refractory linings and crucibles. Because of improvements made in manufacturing methods and increasing numbers of end-use sectors, it is predicted that the desire for Black SiC substantially rise over the forthcoming years.By Application: Market segmentation in the silicon carbide (SiC) market is done by application, which includes important sectors such as Power Electronics, Steel, Automotive, Aerospace, and Defense. The segment of power electronics is one of the most broadly utilized applications. Power devices made from SiC are becoming very popular because they offer better effectiveness, improved thermal control, and higher power density compared to old-fashioned semiconductor materials that use only silicon. The use of power electronics based on SiC is widespread in electric vehicles (EVs), renewable energy systems, industrial power supplies, and grid applications. The possibility for growth in this area is massive, as the world is moving towards sustainable transportation and using more renewable energy. It is expected to be a massive growth of the future market for power electronics based on SiC because of continuous progress in power electronics technology and the growing need for solutions that use less energy. The rise comes from different reasons like governments pushing electric cars and renewable energy, plus a desire for more power strength along with better performance across various industries.
Silicon Carbide Market Regional Insights:
Asia Pacific region dominated the Silicon Carbide Market in 2023, with the largest market share. The Asia-Pacific region is a significant player in the global SiC semiconductors industry, including these countries as main manufacturing centers for SiC wafers, devices and components. The swift growth of industries such as electric vehicles (EV), consumer electronics (CE), and telecommunications has also led to an increasing need for SiC-based semiconductor solutions within this region. China is the largest Silicon Carbide exporter whereas Japan and South Korea are becoming major powers in the worldwide semiconductor industry. The economic advancement of the region, in context with silicon carbide manufacturing capabilities, has progressed dynamically over the last decade. This has encouraged the establishment of downstream sectors which further elevates SiC penetration in this region. In Europe, countries such as Germany, Norway, and the United Kingdom, have an important presence in this industry. Norway is the largest exporter of the Silicon Carbide Market in the Europe region. The continent has seen growing investments in developing and producing SiC technology, pushed by efforts to boost energy efficiency and sustainability across different sectors. Alongside these movements, the automotive domain of Europe has shown strong acceptance of power electronics based on SiC for electric vehicles and hybrid vehicles.’The United States is the largest Silicon Carbide importer with above 19% followed by Germany with above 13%. Whereas Japan, South Korea, India, and Poland respectively have a share above 12%, 6.5%, 5%, and 4% in the Silicon Carbide Market.
Competitive Landscape: The competition situation for the silicon carbide (SiC) market shows a mix of old and fresh participants. This variety is caused by the growing possibilities in this market. Among these, Wolfspeed stands out as a well-known company that has its main office located within the United States itself while newcomers, Rohm Semiconductors, etc are leading silicon carbide manufacturers who offer many types of SiC-based products such as power semiconductors and materials. Additionally, the industry is seeing fresh participants as the silicon carbide market expands. One such example is seen with UnitedSiC, an American company that has gained recognition for its SiC power semiconductors. Concentrating on producing SiC FETs and diodes that show excellent performance makes them attractive to important sectors such as renewable energy, power supplies, and electric vehicles. UnitedSiC is making its market presence stronger and increasing the range of products it offers through forming new partnerships and collaborations. The silicon carbide industry has also seen notable activities related to mergers and acquisitions.
Top Importers of the Silicon Carbide Market (in USD Million) United States 255 Germany 180 Japan 163 South Korea 80 India 69 Poland 56 1. In January 2024, Infineon Technologies AG. announced expanding the wafer supply agreement, which is valued at USD 20 billion, with Wolfspeed, Inc. The plan is for Infineon to provide SiC 150 mm wafers to Wolfspeed for making SiC devices.
2. In December 2023, STMicroelectronics N.V., announced the agreement they signed with Li Auto. This is a China-based company that manufactures smart premium electric vehicles. As per this agreement, STMicroelectronics will provide SiC MOSFET devices to support and strengthen Li Auto's plans concerning high-voltage battery electric vehicles (BEVs) for different market divisions.
3. In July 2023, Wolfspeed, Inc. announced the agreement with Renesas Electronics Corporation for wafer supply, worth USD 2 billion, with, a supplier of advanced semiconductor solutions.
4. In March 2022, Microchip Technology, announced the launch of 3.3 kV Silicon Carbide (SiC) power devices, which provide high efficiency and reliability and have the lowest resistance, helping customers to move to high-voltage SiC with speed and ease.
The objective of the report is to present a comprehensive analysis of the global Silicon Carbide Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which gives a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Silicon Carbide Market dynamic, and structure by analyzing the market segments and projecting the Global Silicon Carbide Market size. Clear representation of competitive analysis of key players By Price Range, price, financial position, product portfolio, growth strategies, and regional presence in the Global Silicon Carbide Market make the report an investor’s guide.Silicon Carbide Market Scope: Inquire before buying
Global Silicon Carbide Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 4.8 Bn. Forecast Period 2024 to 2030 CAGR: 29.3% Market Size in 2030: US $ 29 Bn. Segments Covered: by Product Type Black Silicon Carbide Green Silicon Carbide Others by Application Steel Automotive Aerospace Military & Defense Electrical & Electronics Healthcare Others Silicon Carbide Market by Region
North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC) South America (Brazil, Argentina Rest of South America) Silicon Carbide Market Key Players for North America 1. Wolfspeed - [United States] 2. ON Semiconductor Corporation - [United States] 3. United Silicon Carbide Inc. - [United States] 4. GeneSiC Semiconductor Inc. - [United States] 5. Alpha and Omega Semiconductor - [United States] 6. Littelfuse Inc. - [United States] 7. Microsemi Corporation (Microchip Technology) - [United States] 8. Powerex Inc. - [United States] 9. General Electric Company - [United States] 10. AGSCO Corporation - [United States] Silicon Carbide Market Key Players for Europe 1. Infineon Technologies AG - [Germany] 2. STMicroelectronics N.V. - [Switzerland] 3. Ascatron AB - [Sweden] 4. Danfoss Group - [Denmark] 5. ESD-SIC BV - [Netherlands] Silicon Carbide Market Key Players for Asia Pacific 1. ROHM Co. Ltd. - [Japan] 2. Toshiba Corporation - [Japan] 3. Mitsubishi Electric Corporation - [Japan] 4. WeEn Semiconductors - [China] 5. Sumitomo Electric Industries Ltd. - [Japan] Frequently Asked Questions: 1] What segments are covered in the Silicon Carbide Market report? Ans. The segments covered in the Silicon Carbide Market report are based on Product Type, and Application. 2] Which region is expected to hold the highest share in the global Silicon Carbide Market? Ans. Asia Pacific is expected to hold the highest share of the global Silicon Carbide Market. 3] What is the market size of the global Silicon Carbide Market by 2030? Ans. The market size of the global Silicon Carbide Market by 2030 is US $ 29 Bn. 4] Who are the top key players in the global Silicon Carbide Market? Ans. Wolfspeed, ROHM Co. Ltd., Toshiba Corporation, Mitsubishi Electric Corporation, Infineon Technologies AG, STMicroelectronics N.V., etc are the top key players in the global Silicon Carbide Market. 5] What was the market size of the global Silicon Carbide Market in 2023? Ans. The market size of the global Silicon Carbide Market in 2023 was US $ 4.8 Bn.
1. Silicon Carbide Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Silicon Carbide Market: Dynamics 2.1. Silicon Carbide Market Trends by Region 2.1.1. North America Silicon Carbide Market Trends 2.1.2. Europe Silicon Carbide Market Trends 2.1.3. Asia Pacific Silicon Carbide Market Trends 2.1.4. Middle East and Africa Silicon Carbide Market Trends 2.1.5. South America Silicon Carbide Market Trends 2.2. Silicon Carbide Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Silicon Carbide Market Drivers 2.2.1.2. North America Silicon Carbide Market Restraints 2.2.1.3. North America Silicon Carbide Market Opportunities 2.2.1.4. North America Silicon Carbide Market Challenges 2.2.2. Europe 2.2.2.1. Europe Silicon Carbide Market Drivers 2.2.2.2. Europe Silicon Carbide Market Restraints 2.2.2.3. Europe Silicon Carbide Market Opportunities 2.2.2.4. Europe Silicon Carbide Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Silicon Carbide Market Drivers 2.2.3.2. Asia Pacific Silicon Carbide Market Restraints 2.2.3.3. Asia Pacific Silicon Carbide Market Opportunities 2.2.3.4. Asia Pacific Silicon Carbide Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Silicon Carbide Market Drivers 2.2.4.2. Middle East and Africa Silicon Carbide Market Restraints 2.2.4.3. Middle East and Africa Silicon Carbide Market Opportunities 2.2.4.4. Middle East and Africa Silicon Carbide Market Challenges 2.2.5. South America 2.2.5.1. South America Silicon Carbide Market Drivers 2.2.5.2. South America Silicon Carbide Market Restraints 2.2.5.3. South America Silicon Carbide Market Opportunities 2.2.5.4. South America Silicon Carbide Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Silicon Carbide Industry 2.8. Analysis of Government Schemes and Initiatives For Silicon Carbide Industry 2.9. Silicon Carbide Market Trade Analysis 2.10. The Global Pandemic Impact on Silicon Carbide Market 3. Silicon Carbide Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 3.1.1. Black Silicon Carbide 3.1.2. Green Silicon Carbide 3.1.3. Others 3.2. Silicon Carbide Market Size and Forecast, by Application (2023-2030) 3.2.1. Steel 3.2.2. Automotive 3.2.3. Aerospace 3.2.4. Military & Defense 3.2.5. Electrical & Electronics 3.2.6. Healthcare 3.2.7. Others 3.3. Silicon Carbide Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Silicon Carbide Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 4.1.1. Black Silicon Carbide 4.1.2. Green Silicon Carbide 4.1.3. Others 4.2. North America Silicon Carbide Market Size and Forecast, by Application (2023-2030) 4.2.1. Steel 4.2.2. Automotive 4.2.3. Aerospace 4.2.4. Military & Defense 4.2.5. Electrical & Electronics 4.2.6. Healthcare 4.2.7. Others 4.3. North America Silicon Carbide Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 4.3.1.1.1. Black Silicon Carbide 4.3.1.1.2. Green Silicon Carbide 4.3.1.1.3. Others 4.3.1.2. United States Silicon Carbide Market Size and Forecast, by Application (2023-2030) 4.3.1.2.1. Steel 4.3.1.2.2. Automotive 4.3.1.2.3. Aerospace 4.3.1.2.4. Military & Defense 4.3.1.2.5. Electrical & Electronics 4.3.1.2.6. Healthcare 4.3.1.2.7. Others 4.3.2. Canada 4.3.2.1. Canada Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 4.3.2.1.1. Black Silicon Carbide 4.3.2.1.2. Green Silicon Carbide 4.3.2.1.3. Others 4.3.2.2. Canada Silicon Carbide Market Size and Forecast, by Application (2023-2030) 4.3.2.2.1. Steel 4.3.2.2.2. Automotive 4.3.2.2.3. Aerospace 4.3.2.2.4. Military & Defense 4.3.2.2.5. Electrical & Electronics 4.3.2.2.6. Healthcare 4.3.2.2.7. Others 4.3.3. Mexico 4.3.3.1. Mexico Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 4.3.3.1.1. Black Silicon Carbide 4.3.3.1.2. Green Silicon Carbide 4.3.3.1.3. Others 4.3.3.2. Mexico Silicon Carbide Market Size and Forecast, by Application (2023-2030) 4.3.3.2.1. Steel 4.3.3.2.2. Automotive 4.3.3.2.3. Aerospace 4.3.3.2.4. Military & Defense 4.3.3.2.5. Electrical & Electronics 4.3.3.2.6. Healthcare 4.3.3.2.7. Others 5. Europe Silicon Carbide Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 5.2. Europe Silicon Carbide Market Size and Forecast, by Application (2023-2030) 5.3. Europe Silicon Carbide Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 5.3.1.2. United Kingdom Silicon Carbide Market Size and Forecast, by Application (2023-2030) 5.3.2. France 5.3.2.1. France Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 5.3.2.2. France Silicon Carbide Market Size and Forecast, by Application (2023-2030) 5.3.3. Germany 5.3.3.1. Germany Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 5.3.3.2. Germany Silicon Carbide Market Size and Forecast, by Application (2023-2030) 5.3.4. Italy 5.3.4.1. Italy Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 5.3.4.2. Italy Silicon Carbide Market Size and Forecast, by Application (2023-2030) 5.3.5. Spain 5.3.5.1. Spain Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 5.3.5.2. Spain Silicon Carbide Market Size and Forecast, by Application (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 5.3.6.2. Sweden Silicon Carbide Market Size and Forecast, by Application (2023-2030) 5.3.7. Austria 5.3.7.1. Austria Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 5.3.7.2. Austria Silicon Carbide Market Size and Forecast, by Application (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 5.3.8.2. Rest of Europe Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific Silicon Carbide Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.2. Asia Pacific Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific Silicon Carbide Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.3.1.2. China Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.3.2.2. S Korea Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6.3.3. Japan 6.3.3.1. Japan Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.3.3.2. Japan Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6.3.4. India 6.3.4.1. India Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.3.4.2. India Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6.3.5. Australia 6.3.5.1. Australia Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.3.5.2. Australia Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.3.6.2. Indonesia Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.3.7.2. Malaysia Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.3.8.2. Vietnam Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.3.9.2. Taiwan Silicon Carbide Market Size and Forecast, by Application (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 6.3.10.2. Rest of Asia Pacific Silicon Carbide Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa Silicon Carbide Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 7.2. Middle East and Africa Silicon Carbide Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa Silicon Carbide Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 7.3.1.2. South Africa Silicon Carbide Market Size and Forecast, by Application (2023-2030) 7.3.2. GCC 7.3.2.1. GCC Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 7.3.2.2. GCC Silicon Carbide Market Size and Forecast, by Application (2023-2030) 7.3.3. Nigeria 7.3.3.1. Nigeria Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 7.3.3.2. Nigeria Silicon Carbide Market Size and Forecast, by Application (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 7.3.4.2. Rest of ME&A Silicon Carbide Market Size and Forecast, by Application (2023-2030) 8. South America Silicon Carbide Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 8.2. South America Silicon Carbide Market Size and Forecast, by Application (2023-2030) 8.3. South America Silicon Carbide Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 8.3.1.2. Brazil Silicon Carbide Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 8.3.2.2. Argentina Silicon Carbide Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Silicon Carbide Market Size and Forecast, by Product Type (2023-2030) 8.3.3.2. Rest Of South America Silicon Carbide Market Size and Forecast, by Application (2023-2030) 9. Global Silicon Carbide Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Silicon Carbide Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Wolfspeed - [United States] 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. ON Semiconductor Corporation - [United States] 10.3. United Silicon Carbide Inc. - [United States] 10.4. GeneSiC Semiconductor Inc. - [United States] 10.5. Alpha and Omega Semiconductor - [United States] 10.6. Littelfuse Inc. - [United States] 10.7. Microsemi Corporation (Microchip Technology) - [United States] 10.8. Powerex Inc. - [United States] 10.9. General Electric Company - [United States] 10.10. AGSCO Corporation - [United States] 10.11. Infineon Technologies AG - [Germany] 10.12. STMicroelectronics N.V. - [Switzerland] 10.13. Ascatron AB - [Sweden] 10.14. Danfoss Group - [Denmark] 10.15. ESD-SIC BV - [Netherlands] 10.16. ROHM Co. Ltd. - [Japan] 10.17. Toshiba Corporation - [Japan] 10.18. Mitsubishi Electric Corporation - [Japan] 10.19. WeEn Semiconductors - [China] 10.20. Sumitomo Electric Industries Ltd. - [Japan] 11. Key Findings 12. Industry Recommendations 13. Silicon Carbide Market: Research Methodology 14. Terms and Glossary
