North America 4 Inches Semi-Insulating Silicon Carbide Wafer Market Size was valued at USD 0.05466 Billion in 2022. The 4 Inches Semi-Insulating Silicon Carbide Wafer market industry is projected to grow USD 0.17435 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 12.30% during the forecast period (2024 - 2032). High demand of power electronics devices in a variety of applications, including industrial, automotive, and consumer electronics is the main market drivers anticipated to propel the 4 Inches Semi-Insulating Silicon Carbide Wafer market in the North America.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
For use in the automobile industry, special qualities such as high heat conductivity are required. Furthermore, 4 inches semi-insulating silicon carbide wafer is a strong and long-lasting material that can tolerate harsh environments and high temperatures in automotive applications. For example, in March 2022, Resonac introduced 6-inch diameter SiC wafers for use in SiC-based power semiconductors. Semi-insulating 4 inches semi-insulating silicon carbide wafers have great heat resistance and can be used in electric vehicles, railcars, and industrial equipment. As a result, the demand for semi-insulating SiC wafers in the automotive industry is propelling the market forward.
In addition, SiC wafers are increasingly used in 5G communication networks and electric vehicles to offer high power, high voltage, and high-frequency devices. Expanding attempts to promote the adoption of electric vehicles, together with the growing benefits of employing semi-insulating silicon carbide wafers in electric vehicles, are favorably influencing market growth. Furthermore, the growing number of government programmers to promote the adoption of modern technologies and energy-efficient solutions anticipated to fuel the market expansion during the forecast period. Intensive research and development activities are propelling the market growth.
The North America 4 Inches Semi-Insulating Silicon Carbide Wafer market segmentation, based on type includes Resistivity≥ 1×10⁶Ω•cm and Resistivity≥ 1×10¹¹Ω•cm. The resistivity≥ 1×10⁶Ω•cm segment dominated the market mostly. Silicon carbide wafer with resistivity of Resistivity≥ 1×10⁶Ω•cm has a larger breakdown voltage allowing for the creation of higher voltage power devices. It has higher thermal conductivity resulting in better thermal management and lower power losses. Furthermore, it can function at higher temperatures resulting in higher reliability and longer device lifetimes. Silicon carbide wafers on and off significantly faster than silicon, resulting in higher power density and efficiency in power electronics applications. All these factors anticipated to drive the market growth in the coming years.
The North America 4 Inches Semi-Insulating Silicon Carbide Wafer market segmentation, based on application includes Power Device and Electronics. The electronics segment expected to register the fastest growth. Demand for silicon carbide wafers has increased due to their application in electric vehicles and fifth-generation telecoms equipment. To meet this increased demand, businesses are investing heavily in the creation of cutting-edge manufacturing facilities. For example, Wolfspeed, a wideband semiconductor company, has announced plans to invest USD 1 billion in a SiC production manufacturing factory, which will increase its wafer fabrication capacity by up to 30 times. Furthermore, due to its polytypic crystal structure and extremely high thermodynamic properties, the production of SiC is expected to be a complex and costly process. Leading companies are investing heavily in research & development in order to introduce novel products.
Electric car usage is pushing up demand for power electronics. Semi-insulating SiC wafers are utilised in electric car power modules to improve vehicle efficiency and range. Semi-insulating SiC wafers are becoming more inexpensive and easier to fabricate as 4 inches semi-insulating silicon carbide wafer technology advances. This is propelling the use of these wafers in a wide range of electrical and power applications. The government is funding in the development of 4 inches semi-insulating silicon carbide wafer technology to help industries such as automotive and renewable energy grow. The adoption of semi-insulating 4 inches semi-insulating silicon carbide wafer wafers boosting the market expansion. In a range of industries, the use of 4 inches semi-insulating silicon carbide wafer wafers can assist reduce greenhouse gas emissions and boost energy efficiency.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the 4 Inches Semi-Insulating Silicon Carbide Wafer market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, 4 Inches Semi-Insulating Silicon Carbide Wafer industry must offer cost-effective items.
Major players in the 4 Inches Semi-Insulating Silicon Carbide Wafer market are attempting to increase market demand by investing in research and development operations includes Wolfspeed; SK Siltron; Showa Denko; Norstel; SiCrystal; TankeBlue; SICC; II-VI Advanced Materials; Hebei Synlight Crystal.
SK Siltron
Showa Denko
Norstel
SiCrystal
TankeBlue
SICC
II-VI Advanced Materials
Hebei Synlight Crystal
January 2023: Onsemi launched their new 1700 V EliteSiC industrial silicon carbide (SiC) solutions for high-voltage, high-frequency, and high-temperature devices in a variety of industrial applications.
Resistivity≥ 1×10⁶Ω·cm
Resistivity≥ 1×10¹¹Ω·cm
Power Device
Electronics
North America
US
Canada
Mexico
Rest of North America
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 0.05466 Billion |
| Market Size 2032 | USD 0.17435 Billion |
| Compound Annual Growth Rate (CAGR) | 12.30% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application, and Region |
| Countries Covered | US, Canada, Mexico, Rest of North America |
| Key Companies Profiled | Wolfspeed; SK Siltron; Showa Denko; Norstel; SiCrystal; TankeBlue; SICC; II-VI Advanced Materials; Hebei Synlight Crystal. |
| Key Market Opportunities | Because of its advantages over traditional silicon-based devices, silicon carbide wafer are becoming more popular. Increasing investments in silicon carbide wafer for research and development. |
| Key Market Dynamics | Increasing developments in manufacturing techniques such as epitaxial growth and wafer polishing. Rising development in enhanced silicon carbide wafer. |
North America 4 Inches Semi-Insulating Silicon Carbide Wafer Market Highlights:
Frequently Asked Questions (FAQ) :
North America 4 Inches Semi-Insulating Silicon Carbide Wafer Market Size is expected to reach USD 0.17435 Billion by 2032.
The market is projected to grow at a CAGR of 12.30% during the forecast period, 2024-2032.
The key players in the market are Wolfspeed; SK Siltron; Showa Denko; Norstel; SiCrystal; TankeBlue; SICC; II-VI Advanced Materials; Hebei Synlight Crystal.
The Resistivity≥ 1×10⁶Ω•cmcategory dominated the market in 2022.
The electronics category had the largest share in the market.
Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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