OVERVIEW
The global market size of silicon carbide is expected to hit USD 1,850.1 million by 2025, rising at a CAGR of 19.35% during the peirod forecast. The key factors that drive this market’s growth are the growing demand for SiC devices in the power electronics industry and smaller devices that are enabled by the use of SiC-based devices.
![Silicon Carbide Market By Device (Sic Discrete Device And Bare Die), Wafer Size (4 Inch, 6 Inch And Above, And 2 Inch), Application (Power Supplies And Inverters And Industrial Motor Drives), Vertical, And Region - 2024 To 2029 1 Silicon carbide market by device (sic discrete device and bare die), wafer size (4 inch, 6 inch and above, and 2 inch), application (power supplies and inverters and industrial motor drives), vertical, and region - 2024 to 2029 1](https://globalmarketstudies.com/wp-content/uploads/2020/03/2025-Graph.png)
![Silicon Carbide Market By Device (Sic Discrete Device And Bare Die), Wafer Size (4 Inch, 6 Inch And Above, And 2 Inch), Application (Power Supplies And Inverters And Industrial Motor Drives), Vertical, And Region - 2024 To 2029 2 Silicon carbide market by device (sic discrete device and bare die), wafer size (4 inch, 6 inch and above, and 2 inch), application (power supplies and inverters and industrial motor drives), vertical, and region - 2024 to 2029 2](https://globalmarketstudies.com/wp-content/uploads/2020/02/Market-research-report.png)
![Silicon Carbide Market By Device (Sic Discrete Device And Bare Die), Wafer Size (4 Inch, 6 Inch And Above, And 2 Inch), Application (Power Supplies And Inverters And Industrial Motor Drives), Vertical, And Region - 2024 To 2029 3 Silicon carbide market by device (sic discrete device and bare die), wafer size (4 inch, 6 inch and above, and 2 inch), application (power supplies and inverters and industrial motor drives), vertical, and region - 2024 to 2029 3](https://globalmarketstudies.com/wp-content/uploads/2019/05/Actuators-Market-research-report-by-Type-3.png)
![Silicon Carbide Market By Device (Sic Discrete Device And Bare Die), Wafer Size (4 Inch, 6 Inch And Above, And 2 Inch), Application (Power Supplies And Inverters And Industrial Motor Drives), Vertical, And Region - 2024 To 2029 4 Silicon carbide market by device (sic discrete device and bare die), wafer size (4 inch, 6 inch and above, and 2 inch), application (power supplies and inverters and industrial motor drives), vertical, and region - 2024 to 2029 4](https://globalmarketstudies.com/wp-content/uploads/2019/05/Actuators-Market-research-report-by-Type-4.png)
![Silicon Carbide Market By Device (Sic Discrete Device And Bare Die), Wafer Size (4 Inch, 6 Inch And Above, And 2 Inch), Application (Power Supplies And Inverters And Industrial Motor Drives), Vertical, And Region - 2024 To 2029 5 Silicon carbide market by device (sic discrete device and bare die), wafer size (4 inch, 6 inch and above, and 2 inch), application (power supplies and inverters and industrial motor drives), vertical, and region - 2024 to 2029 5](https://globalmarketstudies.com/wp-content/uploads/2019/05/Actuators-Market-research-report-by-Type-5.png)
![Silicon Carbide Market By Device (Sic Discrete Device And Bare Die), Wafer Size (4 Inch, 6 Inch And Above, And 2 Inch), Application (Power Supplies And Inverters And Industrial Motor Drives), Vertical, And Region - 2024 To 2029 6 Silicon carbide market by device (sic discrete device and bare die), wafer size (4 inch, 6 inch and above, and 2 inch), application (power supplies and inverters and industrial motor drives), vertical, and region - 2024 to 2029 6](https://globalmarketstudies.com/wp-content/uploads/2019/05/Actuators-Market-research-report-by-Type-6.png)
![Silicon Carbide Market By Device (Sic Discrete Device And Bare Die), Wafer Size (4 Inch, 6 Inch And Above, And 2 Inch), Application (Power Supplies And Inverters And Industrial Motor Drives), Vertical, And Region - 2024 To 2029 7 Silicon carbide market by device (sic discrete device and bare die), wafer size (4 inch, 6 inch and above, and 2 inch), application (power supplies and inverters and industrial motor drives), vertical, and region - 2024 to 2029 7](https://globalmarketstudies.com/wp-content/uploads/2019/05/Actuators-Market-research-report-by-Type-7.png)
![Silicon Carbide Market By Device (Sic Discrete Device And Bare Die), Wafer Size (4 Inch, 6 Inch And Above, And 2 Inch), Application (Power Supplies And Inverters And Industrial Motor Drives), Vertical, And Region - 2024 To 2029 8 Silicon carbide market by device (sic discrete device and bare die), wafer size (4 inch, 6 inch and above, and 2 inch), application (power supplies and inverters and industrial motor drives), vertical, and region - 2024 to 2029 8](https://globalmarketstudies.com/wp-content/uploads/2019/05/Actuators-Market-research-report-by-Type-8-1-300x252.png)
TABLE OF CONTENT
1 Global Silicon Carbide Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Global Silicon Carbide Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography
4 Global Silicon Carbide Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis
5 Global Silicon Carbide Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies
6 Global Silicon Carbide Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7 Global Silicon Carbide Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)
8 Global Silicon Carbide Market – By Device (Market Size – & million/billion)
8.1 SIC Discrete Device
8.2 SIC Bare Die
9 Global Silicon Carbide Market – By Wafer Size
9.1 2 Inch
9.2 4 Inch
9.3 6 Inch and Above
10 Global Silicon Carbide Market – By Application
10.1 Power Grid Devices
10.2 Flexible AC Transmission Systems (FACTs)
10.3 RF Devices & Cellular Base Stations
10.4 Lighting Control Systems
10.5 High-Voltage, Direct Current Systems (HVCDs)
10.6 Power Supplies and Inverters
10.7 Industrial Motor Drives
10.8 Flame Detectors
10.9 EV Motor Drives
10.10 Others
11 Global Silicon Carbide Market – By Vertical
11.1 Energy & Power
11.2 Defense
11.3 Power Electronics
11.4 Automotive
11.5 Renewable Power Generation
11.6 Telecommunication
11.7 Others
12 Global Silicon Carbide Market – By Geography (Market Size – & million/billion)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 U.K
12.3.2 Germany
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Rest of the World
12.5.1 South America
12.5.2 Middle East
12.5.3 Africa
13 Global Silicon Carbide Market – Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships
14 Global Silicon Carbide Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 STMicroelectronics N.V.
14.3 Fuji Electric Co., Ltd.
14.4 Infineon Technologies AG
14.5 CREE, Inc.
14.6 Toshiba Corporation
14.7 Renesas Electronics Corporation
14.8 Microchip Technology Incorporated
14.9 ROHM Co., Ltd.
14.10 ON Semiconductor
14.11 General Electric Company
14.12 Company 11 & more
15 Global Silicon Carbide Market – Appendix
15.1 Sources
15.2 Abbreviations