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    US Silicon Carbide Market

    ID: MRFR/CnM/12661-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    US Silicon Carbide Market Research Report: By Product Type (Black Silicon Carbide, Green Silicon Carbide) and By Application (Steel & Energy, Automotive, Aerospace & Aviation, Military & Defense, Electronics & Semiconductors, Medical & Healthcare) - Forecast to 2035

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    US Silicon Carbide Market Research Report - Forecast by 2035 Infographic
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    Table of Contents

    US Silicon Carbide Market Summary

    The US Silicon Carbide market is projected to grow from 372.6 million USD in 2024 to 617.7 million USD by 2035.

    Key Market Trends & Highlights

    US Silicon Carbide Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate of 4.7 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 617.7 million USD, indicating robust growth potential.
    • In 2024, the market is valued at 372.6 million USD, reflecting a solid foundation for future expansion.
    • Growing adoption of advanced semiconductor technologies due to increasing demand for energy-efficient solutions is a major market driver.

    Market Size & Forecast

    2024 Market Size 372.6 (USD Million)
    2035 Market Size 617.7 (USD Million)
    CAGR (2025-2035) 4.7%

    Major Players

    Texas Instruments, Microchip Technology, Gallium Semiconductor, NXP Semiconductors, Wolfspeed, Cree, Qorvo, Analog Devices, STMicroelectronics, ON Semiconductor, SiCl4, American Semiconductor, Oxide Semiconductor, Infineon Technologies, Plexus Corp

    US Silicon Carbide Market Trends

    The US Silicon Carbide Market is witnessing significant growth driven primarily by the increasing demand for energy-efficient power devices and electric vehicles (EVs). Government initiatives aimed at reducing carbon emissions and promoting sustainable energy solutions have fueled interest in silicon carbide semiconductors, which are known for their efficiency and performance in high-voltage applications.

    US Silicon Carbide Market Drivers

    Market Segment Insights

    Silicon Carbide Market Product Type Insights

    The Product Type segment of the US Silicon Carbide Market encompasses various forms of silicon carbide, the most notable being Black Silicon Carbide and Green Silicon Carbide. Black Silicon Carbide is widely recognized for its hardness and is primarily utilized in applications such as abrasives, coatings, and electronic components, making it a vital material in industries ranging from manufacturing to aerospace.

    Due to its exceptional thermal conductivity, it plays an important role in power electronics, particularly in high-temperature and high-voltage devices, which are increasingly necessary as industries transition towards more energy-efficient technologies. On the other hand, Green Silicon Carbide is distinguished by its high purity and is often preferred for producing fine abrasives as well as advanced ceramics due to its remarkable wear resistance.

    Its importance in the production of cutting tools and other precision instruments highlights its role in enhancing operational efficiency across various sectors. The growing demand for electric vehicles and renewable energy technologies is further driving the adoption of these silicon carbide types, as their properties contribute to better performance and reliability in semiconductor applications.

    In the context of market growth, the segmentation of the US Silicon Carbide Market into these two types demonstrates the nuanced demands within specific manufacturing processes and technology needs. Overall, the presence of both Black and Green Silicon Carbide in various industries illustrates the material's versatility and significant contributions to advancements in the US market.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Silicon Carbide Market Application Insights

    The Application segment of the US Silicon Carbide Market is characterized by diverse industrial uses, contributing significantly to market growth. This material is crucial in the Steel and Energy sectors, providing enhanced efficiency and durability in high-temperature applications. The Automotive industry benefits from Silicon Carbide's ability to improve electric vehicle performance, aiding the shift towards sustainable transport solutions.

    In Aerospace and Aviation, Silicon Carbide is valued for its lightweight properties and thermal resistance, supporting advanced aerospace designs. The Military and Defense sector leverages Silicon Carbide for its capability to withstand harsh environments while maintaining performance. In Electronics and Semiconductors, the material is essential for its superior conductivity, enabling faster and more efficient devices.

    Meanwhile, the Medical and Healthcare sector utilizes Silicon Carbide in implantable devices that require biocompatibility and longevity. Each of these applications highlights the importance of Silicon Carbide in driving innovation across various industries, catering to the increasing demand for robust and high-performance materials in the US market.

    Get more detailed insights about US Silicon Carbide Market Research Report - Forecast by 2035

    Regional Insights

    Key Players and Competitive Insights

    The competitive insights of the US Silicon Carbide Market highlight the dynamic landscape characterized by technological advancements, strategic partnerships, and a variety of players focused on leveraging silicon carbide's unique properties. Silicon carbide is increasingly favored for its performance in high-temperature and high-voltage applications, which positions it favorably amidst the growing demand for energy-efficient devices, electric vehicles, and renewable energy systems.

    The market is driven by the need for advanced materials that can withstand extreme environmental conditions, and as a result, competition is intensifying among leading firms and new entrants aiming to capture market share. The US Silicon Carbide Market is witnessing innovation through research and development efforts, which are vital for enhancing product offerings and performance.

    Texas Instruments has established a strong foothold in the US Silicon Carbide Market, leveraging its expertise in analog and embedded processing technology to deliver high-performance solutions tailored to a range of applications. Texas Instruments emphasizes the development of robust silicon carbide semiconductor products that meet the increasing demands for energy efficiency and thermal management in the automotive and industrial sectors.

    The company’s strengths include a rich portfolio of analog devices and power management solutions that integrate seamlessly with silicon carbide technology. Their extensive market presence is bolstered by a focus on customer-centric solutions and dedication to advancing semiconductor performance while maintaining reliability and cost-effectiveness.

    Microchip Technology plays a significant role in the US Silicon Carbide Market, particularly through its diverse array of products and services that include microcontrollers, analog, and mixed-signal semiconductors. Microchip Technology's strategic emphasis on expanding its silicon carbide product line enhances its competitive edge, especially catering to sectors such as automotive, aerospace, and renewable energy.

    The company has made notable strides through investments and acquisitions that broaden its technological capabilities and market reach, allowing for the efficient delivery of advanced solutions to its customers. Microchip Technology's commitment to innovation is reflected in its ongoing development of high-performance silicon carbide devices tailored for demanding applications, further solidified by its strong market presence and partnerships aimed at driving growth within the US market.

    Key Companies in the US Silicon Carbide Market market include

    Industry Developments

    Recent developments in the US Silicon Carbide Market indicate significant advancements and market activities among major companies. For instance, in September 2023, Infineon Technologies announced the expansion of its Silicon Carbide production capabilities to meet rising demand, driven largely by electric vehicle and renewable energy sectors. Similarly, in July 2023, Wolfspeed revealed plans to invest in a new manufacturing facility focused on Silicon Carbide technology, which is crucial for multiple applications, including power electronics and 5G technology.

    Microchip Technology also reported a growth of 25% in their revenue derived from Silicon Carbide products in Q2 2023, reflecting increased adoption across various industries. In terms of mergers and acquisitions, Texas Instruments announced the acquisition of a smaller semiconductor company in August 2023 to enhance its capabilities in the Silicon Carbide space, further strengthening its position in the market.

    Furthermore, the total market valuation for Silicon Carbide-based products in the US has been on an upward trajectory, with projections showing substantial growth fueled by increased investments in electric mobility and energy-efficient technologies, significantly impacting the competitive landscape in recent years.

    Market Segmentation

    Silicon Carbide Market Application Outlook

    • Steel & Energy
    • Automotive
    • Aerospace & Aviation
    • Military & Defense
    • Electronics & Semiconductors
    • Medical & Healthcare

    Silicon Carbide Market Product Type Outlook

    • Black Silicon Carbide
    • Green Silicon Carbide

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 356.4 (USD Million)
    Market Size 2024 372.6 (USD Million)
    Market Size 2035 617.71 (USD Million)
    Compound Annual Growth Rate (CAGR) 4.703% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Texas Instruments, Microchip Technology, Gallium Semiconductor, NXP Semiconductors, Wolfspeed, Cree, Qorvo, Analog Devices, STMicroelectronics, ON Semiconductor, SiCl4, American Semiconductor, Oxide Semiconductor, Infineon Technologies, Plexus Corp
    Segments Covered Product Type, Application
    Key Market Opportunities Growing electric vehicle demand, High-efficiency power electronics, Renewable energy integration, Advanced semiconductor applications, Defense and aerospace procurement
    Key Market Dynamics Growing demand for electric vehicles, increasing government initiatives, expanding renewable energy sector, advancements in semiconductor technology, and price volatility of raw materials.
    Countries Covered US

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What is the expected market size of the US Silicon Carbide Market in 2024?

    The US Silicon Carbide Market is expected to be valued at 372.6 million USD in 2024.

    What is the projected market size for the US Silicon Carbide Market by 2035?

    By 2035, the US Silicon Carbide Market is anticipated to reach a value of 617.71 million USD.

    What is the expected CAGR for the US Silicon Carbide Market from 2025 to 2035?

    The expected CAGR for the US Silicon Carbide Market from 2025 to 2035 is 4.703 percent.

    What are the projected values for Black Silicon Carbide in 2024 and 2035?

    Black Silicon Carbide is valued at 200.0 million USD in 2024 and is expected to grow to 330.0 million USD by 2035.

    What will be the market value for Green Silicon Carbide in 2024 compared to 2035?

    Green Silicon Carbide is projected to be valued at 172.6 million USD in 2024 and is expected to reach 287.71 million USD by 2035.

    Who are the major players in the US Silicon Carbide Market?

    Key players in the market include NXP Semiconductors, Texas Instruments, Infineon Technologies, and Cree, among others.

    What are the applications driving the growth of the US Silicon Carbide Market?

    The growth is driven by applications in power electronics, automotive industries, and telecommunications.

    What trends are anticipated to influence the US Silicon Carbide Market from 2025 to 2035?

    Emerging trends include advancements in semiconductor technology and increasing demand for electric vehicles.

    How will regional demand affect the US Silicon Carbide Market in the coming years?

    Regional demand is expected to rise significantly due to advancements in renewable energy and electric vehicle markets.

    What challenges might the US Silicon Carbide Market face in the near future?

    Challenges may include competition from alternative materials and fluctuating raw material prices.

    What is the current market size of the US Silicon Carbide Market in 2024?

    The US Silicon Carbide Market is expected to be valued at 372.6 million USD in 2024.

    What will be the projected market value of the US Silicon Carbide Market by 2035?

    By 2035, the US Silicon Carbide Market is expected to reach a total value of 617.71 million USD.

    What is the market value for Black Silicon Carbide in 2024?

    The market value for Black Silicon Carbide is anticipated to be 186.3 million USD in 2024.

    What is the projected market value for Green Silicon Carbide by 2035?

    The market value for Green Silicon Carbide is projected to reach 302.71 million USD by 2035.

    Who are the key players in the US Silicon Carbide Market?

    Major players in the US Silicon Carbide Market include Texas Instruments, Microchip Technology, and Wolfspeed, among others.

    What are the primary applications driving the US Silicon Carbide Market?

    Key applications driving the market include semiconductor devices, power electronics, and high temperature applications.

    How is the market for Silicon Carbide expected to grow regionally?

    The US Silicon Carbide Market is expected to grow steadily across various regions owing to increasing demand for energy-efficient devices.

    What are some emerging trends in the US Silicon Carbide Market?

    Emerging trends include the advancement of electric vehicles and renewable energy technologies that drive the demand for Silicon Carbide.

    What challenges does the US Silicon Carbide Market face?

    Challenges include supply chain disruptions and the need for high manufacturing costs associated with Silicon Carbide production.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. US
    59. Silicon Carbide Market, BY Product Type (USD Million)
    60. Black
    61. Silicon Carbide
    62. Green Silicon Carbide
    63. US
    64. Silicon Carbide Market, BY Application (USD Million)
    65. Steel
    66. & Energy
    67. Automotive
    68. Aerospace
    69. & Aviation
    70. Military & Defense
    71. Electronics
    72. & Semiconductors
    73. Medical & Healthcare
    74. Competitive Landscape
    75. Overview
    76. Competitive
    77. Analysis
    78. Market share Analysis
    79. Major
    80. Growth Strategy in the Silicon Carbide Market
    81. Competitive
    82. Benchmarking
    83. Leading Players in Terms of Number of Developments
    84. in the Silicon Carbide Market
    85. Key developments and growth
    86. strategies
    87. New Product Launch/Service Deployment
    88. Merger
    89. & Acquisitions
    90. Joint Ventures
    91. Major
    92. Players Financial Matrix
    93. Sales and Operating Income
    94. Major
    95. Players R&D Expenditure. 2023
    96. Company
    97. Profiles
    98. Texas Instruments
    99. Financial
    100. Overview
    101. Products Offered
    102. Key
    103. Developments
    104. SWOT Analysis
    105. Key
    106. Strategies
    107. Microchip Technology
    108. Financial
    109. Overview
    110. Products Offered
    111. Key
    112. Developments
    113. SWOT Analysis
    114. Key
    115. Strategies
    116. Gallium Semiconductor
    117. Financial
    118. Overview
    119. Products Offered
    120. Key
    121. Developments
    122. SWOT Analysis
    123. Key
    124. Strategies
    125. NXP Semiconductors
    126. Financial
    127. Overview
    128. Products Offered
    129. Key
    130. Developments
    131. SWOT Analysis
    132. Key
    133. Strategies
    134. Wolfspeed
    135. Financial
    136. Overview
    137. Products Offered
    138. Key
    139. Developments
    140. SWOT Analysis
    141. Key
    142. Strategies
    143. Cree
    144. Financial
    145. Overview
    146. Products Offered
    147. Key
    148. Developments
    149. SWOT Analysis
    150. Key
    151. Strategies
    152. Qorvo
    153. Financial
    154. Overview
    155. Products Offered
    156. Key
    157. Developments
    158. SWOT Analysis
    159. Key
    160. Strategies
    161. Analog Devices
    162. Financial
    163. Overview
    164. Products Offered
    165. Key
    166. Developments
    167. SWOT Analysis
    168. Key
    169. Strategies
    170. STMicroelectronics
    171. Financial
    172. Overview
    173. Products Offered
    174. Key
    175. Developments
    176. SWOT Analysis
    177. Key
    178. Strategies
    179. ON Semiconductor
    180. Financial
    181. Overview
    182. Products Offered
    183. Key
    184. Developments
    185. SWOT Analysis
    186. Key
    187. Strategies
    188. SiCl4
    189. Financial
    190. Overview
    191. Products Offered
    192. Key
    193. Developments
    194. SWOT Analysis
    195. Key
    196. Strategies
    197. American Semiconductor
    198. Financial
    199. Overview
    200. Products Offered
    201. Key
    202. Developments
    203. SWOT Analysis
    204. Key
    205. Strategies
    206. Oxide Semiconductor
    207. Financial
    208. Overview
    209. Products Offered
    210. Key
    211. Developments
    212. SWOT Analysis
    213. Key
    214. Strategies
    215. Infineon Technologies
    216. Financial
    217. Overview
    218. Products Offered
    219. Key
    220. Developments
    221. SWOT Analysis
    222. Key
    223. Strategies
    224. Plexus Corp
    225. Financial
    226. Overview
    227. Products Offered
    228. Key
    229. Developments
    230. SWOT Analysis
    231. Key
    232. Strategies
    233. References
    234. Related
    235. Reports
    236. LIST
    237. OF ASSUMPTIONS
    238. US Silicon Carbide Market SIZE ESTIMATES
    239. & FORECAST, BY PRODUCT TYPE, 2019-2035 (USD Billions)
    240. US
    241. Silicon Carbide Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035
    242. (USD Billions)
    243. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    244. ACQUISITION/PARTNERSHIP
    245. LIST
    246. Of figures
    247. MARKET SYNOPSIS
    248. US
    249. SILICON CARBIDE MARKET ANALYSIS BY PRODUCT TYPE
    250. US SILICON
    251. CARBIDE MARKET ANALYSIS BY APPLICATION
    252. KEY BUYING CRITERIA
    253. OF SILICON CARBIDE MARKET
    254. RESEARCH PROCESS OF MRFR
    255. DRO
    256. ANALYSIS OF SILICON CARBIDE MARKET
    257. DRIVERS IMPACT ANALYSIS:
    258. SILICON CARBIDE MARKET
    259. RESTRAINTS IMPACT ANALYSIS: SILICON
    260. CARBIDE MARKET
    261. SUPPLY / VALUE CHAIN: SILICON CARBIDE
    262. MARKET
    263. SILICON CARBIDE MARKET, BY PRODUCT TYPE, 2025
    264. (% SHARE)
    265. SILICON CARBIDE MARKET, BY PRODUCT TYPE, 2019
    266. TO 2035 (USD Billions)
    267. SILICON CARBIDE MARKET, BY APPLICATION,
    268. (% SHARE)
    269. SILICON CARBIDE MARKET, BY APPLICATION,
    270. TO 2035 (USD Billions)
    271. BENCHMARKING OF MAJOR COMPETITORS

    US Silicon Carbide Market Segmentation

     

     

     

    • Silicon Carbide Market By Product Type (USD Million, 2019-2035)

      • Black Silicon Carbide
      • Green Silicon Carbide

     

    • Silicon Carbide Market By Application (USD Million, 2019-2035)

      • Steel & Energy
      • Automotive
      • Aerospace & Aviation
      • Military & Defense
      • Electronics & Semiconductors
      • Medical & Healthcare

     

     

     

     

     

     

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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    Case Study

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