Silicon Carbide Market is expected to grow at a CAGR of 17% by 2026 – An exclusive market research report by Lucintel

Silicon Carbide Market is expected to grow at a CAGR of 17% by 2026 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Silicon Carbide Market
Trends, opportunities and forecast in silicon carbide market to 2024 by SiC based device (SIC discrete devices, SiC MOSFET, SiC diode, SIC module, and SiC bare die), wafer size ( 2 Inch, 4 Inch, and 6-Inch & above), application (RF device and cellular base station, power grid device, flexible AC transmission systems (FACTS), high-voltage, direct current (HVDC), power supply and inverter, lighting control, industrial motor drive, flame detector, EV motor drive, EV charging, electronic combat

Lucintel’s latest market report analyzed that silicon carbide provides attractive opportunities in the telecommunications, energy and power, automotive, renewable power generation, defense, and power electronics industries. The silicon carbide market is expected to grow with a CAGR of 17%. In this market, SiC discrete device is the largest segment by SiC based device, whereas RF device and cellular base station are largest by application.  

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Based on SiC based device, the silicon carbide market is segmented into SiC discrete devices, SiC MOSFET, SiC diode, SiC module, and SiC bare die. The SiC discrete devices segment accounted for the largest share of the market in 2020.

Browse in-depth TOC on “Silicon Carbide Market”

XX – Tables

XX – Figures

150 – Pages

The silicon carbide market is marked by the presence of several big and small players. Some of the prominent players offering silicon carbide include Technologies, Cree (Wolfspeed), RoHM Semiconductor, STmicroelectronics, ON Semiconductor, Toshiba, General Electric, Saint-Gobain Silicon Carbide, Fuji Electric, Ltd., Renesas Electronics, and others.  


This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

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