Global Semi-Insulating Silicon Carbide Wafer Market Size Study & Forecast, by Type (4 Inch SiC Wafer, 6 Inch SiC Wafer), by Application (Power Device, Electronics & Optoelectronics, Wireless Infrastructure, Others), and Regional Analysis, 2023-2030

Description

List of Tables

Global Semi-Insulating Silicon Carbide Wafer Market is valued at approximately USD 438.05 million in 2022 and is anticipated to grow with a healthy growth rate of more than 19.1% over the forecast period 2023-2030. A Semi-insulating Silicon Carbide (SiC) wafer is a type of substrate utilized in the production of high-power and high-frequency electronic devices. SiC wafer is a semiconductor material formed with a combination of silicon and carbon. Semi-insulating SiC wafers have a resistance that ranges between a conductor and an insulator, in contrast to ordinary silicon wafers, which are conductive. They are mostly used in power devices, electronics & optoelectronics, wireless infrastructure, and others. The Semi-Insulating Silicon Carbide Wafer Market is expanding because of factors such as the surging demand for power electronic devices, rising focus on energy efficiency and the transition to clean energy solutions, and significant investments from both public and private sectors in SiC manufacturing capabilities.

In addition, the semi-insulating silicon carbide wafer market is expected to rise due to the rising use of SiC wafer in 5G communication networks and electric cars to supply high power, high voltage, and high-frequency devices. The India Brand Equity Foundation (IBEF) reported that approximately 10% of global car sales were electric in the year 2021, which shows a four-fold increase from the market share in 2019. With this, there are over 16.5 million electric vehicles on the road worldwide, which is three times more than there were in 2018. Accordingly, the growing initiatives for promoting the adoption of electric cars, coupled with the increasing benefits of using semi-insulating silicon carbide wafers in electric vehicles are positively influencing the market growth across the globe. Moreover, the increasing number of government initiatives to promote the adoption of advanced technologies and energy-efficient solutions., as well as the extensive research and development activities present various lucrative opportunities over the forecast years. However, the availability of substitutes and the complex manufacturing process are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Semi-Insulating Silicon Carbide Wafer Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to due to the immense economic growth of nations such as China and India. The adoption of high-tech power devices and high-end gadgets with reduced costs for electronics has increased the consumption of electronic products throughout the region. Major telecom firms in the nations are constructing a network of 5G infrastructure, which is promoting the expansion of the SiC wafer market. The demand for Semi-Insulating Silicon Carbide Wafer has also surged as the country's auto electrification rate rises. Whereas, North America is expected to grow at the highest CAGR over the forecasting years. The substantial presence of well-known companies such as Wolf speed Inc., II-VI Incorporated, and others is promoting regional market growth. Also, the demand for SiC wafers has also been fueled by the increased use of power electronics and the shift to renewable energy sources. The growth of the automotive sector in North American nations such as the US and Canada is also boosting demand and aiding in the expansion of the market for semi-insulating silicon carbide wafers market during the estimated period.

Major market players included in this report are:

Wolfspeed, Inc. (U.S.)
II-VI Incorporated (U.S.)
STMicroelectronics (Switzerland)
ROHM CO., LTD (Japan)
SHOWA DENKO K.K. (Japan)
SICC Co., Ltd. (China)
SK siltron Co. Ltd. (South Korea)
TankeBlue CO., LTD. (China)
CETC Solar Energy Holdings Co., Ltd. (China)
Synlight (China)

Recent Developments in the Market:

In May 2022, Rhombus Energy Solutions- an EV charging and power conversion technology company declared that Wolfspeed is supplying SiC technology to enhance the power density, and efficiency, along with promoting faster charging times of their products.
In March 2022, Showa Denko announced that the company starts the mass production of a 6-inch diameter silicon carbide single-crystal wafer. The objective of this initiative is to enhance the downsizing and energy efficiency of a power module.
In August 2020, Coherent Corp. announced the acquisition of Ascatron- a pioneer in silicon carbide epitaxial wafer technology, to its vertically integrated Silicon Carbide power electronics technology platform.

Global Semi-Insulating Silicon Carbide Wafer Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

4 Inch SiC Wafer
6 Inch SiC Wafer

By Application:

Power Device
Electronics & Optoelectronics
Wireless Infrastructure
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Semi-Insulating Silicon Carbide Wafer Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Semi-Insulating Silicon Carbide Wafer Market, by Type, 2020-2030 (USD Million)
- 1.2.3. Semi-Insulating Silicon Carbide Wafer Market, by Application, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Semi-Insulating Silicon Carbide Wafer Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Semi-Insulating Silicon Carbide Wafer Market Dynamics

3.1. Semi-Insulating Silicon Carbide Wafer Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Surging demand for power electronic devices
  - 3.1.1.2. Rising use of SiC wafer in 5G communication networks and electric cars
- 3.1.2. Market Challenges
  - 3.1.2.1. Complex manufacturing process
  - 3.1.2.2. Availability of substitutes
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing number of government initiatives
  - 3.1.3.2. Extensive research and development activities

Chapter 4. Global Semi-Insulating Silicon Carbide Wafer Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Semi-Insulating Silicon Carbide Wafer Market, by Type

5.1. Market Snapshot
5.2. Global Semi-Insulating Silicon Carbide Wafer Market by Type, Performance - Potential Analysis
5.3. Global Semi-Insulating Silicon Carbide Wafer Market Estimates & Forecasts by Type 2020-2030 (USD Million)
5.4. Semi-Insulating Silicon Carbide Wafer Market, Sub Segment Analysis
- 5.4.1. 4 Inch SiC Wafer
- 5.4.2. 6 Inch SiC Wafer

Chapter 6. Global Semi-Insulating Silicon Carbide Wafer Market, by Application

6.1. Market Snapshot
6.2. Global Semi-Insulating Silicon Carbide Wafer Market by Application, Performance - Potential Analysis
6.3. Global Semi-Insulating Silicon Carbide Wafer Market Estimates & Forecasts by Application 2020-2030 (USD Million)
6.4. Semi-Insulating Silicon Carbide Wafer Market, Sub Segment Analysis
- 6.4.1. Power Device
- 6.4.2. Electronics & Optoelectronics
- 6.4.3. Wireless Infrastructure
- 6.4.4. Others

Chapter 7. Global Semi-Insulating Silicon Carbide Wafer Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Semi-Insulating Silicon Carbide Wafer Market, Regional Market Snapshot
7.4. North America Semi-Insulating Silicon Carbide Wafer Market
- 7.4.1. U.S. Semi-Insulating Silicon Carbide Wafer Market
  - 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Semi-Insulating Silicon Carbide Wafer Market
7.5. Europe Semi-Insulating Silicon Carbide Wafer Market Snapshot
- 7.5.1. U.K. Semi-Insulating Silicon Carbide Wafer Market
- 7.5.2. Germany Semi-Insulating Silicon Carbide Wafer Market
- 7.5.3. France Semi-Insulating Silicon Carbide Wafer Market
- 7.5.4. Spain Semi-Insulating Silicon Carbide Wafer Market
- 7.5.5. Italy Semi-Insulating Silicon Carbide Wafer Market
- 7.5.6. Rest of Europe Semi-Insulating Silicon Carbide Wafer Market
7.6. Asia-Pacific Semi-Insulating Silicon Carbide Wafer Market Snapshot
- 7.6.1. China Semi-Insulating Silicon Carbide Wafer Market
- 7.6.2. India Semi-Insulating Silicon Carbide Wafer Market
- 7.6.3. Japan Semi-Insulating Silicon Carbide Wafer Market
- 7.6.4. Australia Semi-Insulating Silicon Carbide Wafer Market
- 7.6.5. South Korea Semi-Insulating Silicon Carbide Wafer Market
- 7.6.6. Rest of Asia Pacific Semi-Insulating Silicon Carbide Wafer Market
7.7. Latin America Semi-Insulating Silicon Carbide Wafer Market Snapshot
- 7.7.1. Brazil Semi-Insulating Silicon Carbide Wafer Market
- 7.7.2. Mexico Semi-Insulating Silicon Carbide Wafer Market
7.8. Middle East & Africa Semi-Insulating Silicon Carbide Wafer Market
- 7.8.1. Saudi Arabia Semi-Insulating Silicon Carbide Wafer Market
- 7.8.2. South Africa Semi-Insulating Silicon Carbide Wafer Market
- 7.8.3. Rest of Middle East & Africa Semi-Insulating Silicon Carbide Wafer Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Wolfspeed, Inc. (U.S.)
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. II-VI Incorporated (U.S.)
- 8.3.3. STMicroelectronics (Switzerland)
- 8.3.4. ROHM CO., LTD (Japan)
- 8.3.5. SHOWA DENKO K.K. (Japan)
- 8.3.6. SICC Co., Ltd. (China)
- 8.3.7. SK siltron Co. Ltd. (South Korea)
- 8.3.8. TankeBlue CO., LTD. (China)
- 8.3.9. CETC Solar Energy Holdings Co., Ltd. (China)
- 8.3.10. Synlight (China)

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Semi-Insulating Silicon Carbide Wafer Market, report scope
TABLE 2. Global Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by Type 2020-2030 (USD Million)
TABLE 4. Global Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 5. Global Semi-Insulating Silicon Carbide Wafer Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 6. Global Semi-Insulating Silicon Carbide Wafer Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Semi-Insulating Silicon Carbide Wafer Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Semi-Insulating Silicon Carbide Wafer Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Semi-Insulating Silicon Carbide Wafer Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Semi-Insulating Silicon Carbide Wafer Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Semi-Insulating Silicon Carbide Wafer Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Semi-Insulating Silicon Carbide Wafer Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Semi-Insulating Silicon Carbide Wafer Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Semi-Insulating Silicon Carbide Wafer Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. U.S. Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 17. U.S. Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. Canada Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 19. Canada Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. Canada Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. UK Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 22. UK Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. UK Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. Germany Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 25. Germany Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. Germany Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. France Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 28. France Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. France Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. Italy Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 31. Italy Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. Italy Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Spain Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 34. Spain Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Spain Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. RoE Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 37. RoE Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. RoE Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. China Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 40. China Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. China Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. India Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 43. India Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. India Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. Japan Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 46. Japan Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. Japan Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. South Korea Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 49. South Korea Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. South Korea Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. Australia Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 52. Australia Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. Australia Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. RoAPAC Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 55. RoAPAC Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. RoAPAC Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. Brazil Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 58. Brazil Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. Brazil Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Mexico Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 61. Mexico Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Mexico Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. RoLA Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 64. RoLA Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. RoLA Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. Saudi Arabia Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 67. South Africa Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. RoMEA Semi-Insulating Silicon Carbide Wafer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Semi-Insulating Silicon Carbide Wafer Market
TABLE 70. List of primary sources, used in the study of global Semi-Insulating Silicon Carbide Wafer Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Semi-Insulating Silicon Carbide Wafer Market, research methodology
FIG 2. Global Semi-Insulating Silicon Carbide Wafer Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Semi-Insulating Silicon Carbide Wafer Market, key trends 2022
FIG 5. Global Semi-Insulating Silicon Carbide Wafer Market, growth prospects 2023-2030
FIG 6. Global Semi-Insulating Silicon Carbide Wafer Market, porters 5 force model
FIG 7. Global Semi-Insulating Silicon Carbide Wafer Market, pest analysis
FIG 8. Global Semi-Insulating Silicon Carbide Wafer Market, value chain analysis
FIG 9. Global Semi-Insulating Silicon Carbide Wafer Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Semi-Insulating Silicon Carbide Wafer Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Semi-Insulating Silicon Carbide Wafer Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Semi-Insulating Silicon Carbide Wafer Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Semi-Insulating Silicon Carbide Wafer Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Semi-Insulating Silicon Carbide Wafer Market, regional snapshot 2020 & 2030
FIG 15. North America Semi-Insulating Silicon Carbide Wafer Market 2020 & 2030 (USD Million)
FIG 16. Europe Semi-Insulating Silicon Carbide Wafer Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Semi-Insulating Silicon Carbide Wafer Market 2020 & 2030 (USD Million)
FIG 18. Latin America Semi-Insulating Silicon Carbide Wafer Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Semi-Insulating Silicon Carbide Wafer Market 2020 & 2030 (USD Million)