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Silicon Carbide Substrates-Global Market Insights and Sales Trends 2025
Synopsis
Silicon carbide substrates (wafers) are single-crystal wafers formed by cutting, grinding, polishing, cleaning, and other processes of silicon carbide crystals.
The global Silicon Carbide Substrates market size is expected to reach US$ 1705.2 million by 2029, growing at a CAGR of 16.7% from 2023 to 2029. The market is mainly driven by the significant applications of Silicon Carbide Substrates in various end use industries. The expanding demands from the Power Device, Electronics & Optoelectronics, Wireless Infrastructure and Others, are propelling Silicon Carbide Substrates market. 2 Inch, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 3 Inch segment is estimated at % CAGR for the next seven-year period.
Cree, II-VI Advanced Materials and ROHM are the top 3 manufacturers of silicon carbide (SiC) substrate globally and account for over 70% of total markets share. Geographically speaking, Asia Pacific is the largest producer of silicon carbide (SiC) substrate, holds a share over 40%, followed by North America and Europe. In terms of product, 6 inch is the largest segment, with a share over 60%. And in terms of application, the largest application is power devices, followed by RF devices.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Silicon Carbide Substrates, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Silicon Carbide Substrates market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Silicon Carbide Substrates market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Silicon Carbide Substrates sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Silicon Carbide Substrates covered in this report include Cree, DuPont (Dow Corning), SiCrystal, II-VI Advanced Materials, Nippon Steel & Sumitomo Metal, Showa Denko, Norstel, TankeBlue and SICC, etc.
The global Silicon Carbide Substrates market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cree
DuPont (Dow Corning)
SiCrystal
II-VI Advanced Materials
Nippon Steel & Sumitomo Metal
Showa Denko
Norstel
TankeBlue
SICC
Hebei Synlight Crystal
CETC
Global Silicon Carbide Substrates market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Silicon Carbide Substrates market, Segment by Type:
2 Inch
3 Inch
4 Inch
6 Inch
Others
Global Silicon Carbide Substrates market, by Application
Power Device
Electronics & Optoelectronics
Wireless Infrastructure
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Silicon Carbide Substrates manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Silicon Carbide Substrates in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Silicon carbide substrates (wafers) are single-crystal wafers formed by cutting, grinding, polishing, cleaning, and other processes of silicon carbide crystals.
The global Silicon Carbide Substrates market size is expected to reach US$ 1705.2 million by 2029, growing at a CAGR of 16.7% from 2023 to 2029. The market is mainly driven by the significant applications of Silicon Carbide Substrates in various end use industries. The expanding demands from the Power Device, Electronics & Optoelectronics, Wireless Infrastructure and Others, are propelling Silicon Carbide Substrates market. 2 Inch, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 3 Inch segment is estimated at % CAGR for the next seven-year period.
Cree, II-VI Advanced Materials and ROHM are the top 3 manufacturers of silicon carbide (SiC) substrate globally and account for over 70% of total markets share. Geographically speaking, Asia Pacific is the largest producer of silicon carbide (SiC) substrate, holds a share over 40%, followed by North America and Europe. In terms of product, 6 inch is the largest segment, with a share over 60%. And in terms of application, the largest application is power devices, followed by RF devices.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Silicon Carbide Substrates, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Silicon Carbide Substrates market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Silicon Carbide Substrates market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Silicon Carbide Substrates sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Silicon Carbide Substrates covered in this report include Cree, DuPont (Dow Corning), SiCrystal, II-VI Advanced Materials, Nippon Steel & Sumitomo Metal, Showa Denko, Norstel, TankeBlue and SICC, etc.
The global Silicon Carbide Substrates market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cree
DuPont (Dow Corning)
SiCrystal
II-VI Advanced Materials
Nippon Steel & Sumitomo Metal
Showa Denko
Norstel
TankeBlue
SICC
Hebei Synlight Crystal
CETC
Global Silicon Carbide Substrates market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Silicon Carbide Substrates market, Segment by Type:
2 Inch
3 Inch
4 Inch
6 Inch
Others
Global Silicon Carbide Substrates market, by Application
Power Device
Electronics & Optoelectronics
Wireless Infrastructure
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Silicon Carbide Substrates manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Silicon Carbide Substrates in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Silicon Carbide Substrates Market Overview
1.1 Silicon Carbide Substrates Product Overview
1.2 Silicon Carbide Substrates Market Segment by Type
1.2.1 2 Inch
1.2.2 3 Inch
1.2.3 4 Inch
1.2.4 6 Inch
1.2.5 Others
1.3 Global Silicon Carbide Substrates Market Size by Type
1.3.1 Global Silicon Carbide Substrates Market Size Overview by Type (2018-2029)
1.3.2 Global Silicon Carbide Substrates Historic Market Size Review by Type (2018-2023)
1.3.3 Global Silicon Carbide Substrates Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Silicon Carbide Substrates Sales Breakdown by Type (2018-2023)
1.4.2 Europe Silicon Carbide Substrates Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Silicon Carbide Substrates Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Silicon Carbide Substrates Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Silicon Carbide Substrates Sales Breakdown by Type (2018-2023)
2 Global Silicon Carbide Substrates Market Competition by Company
2.1 Global Top Players by Silicon Carbide Substrates Sales (2018-2023)
2.2 Global Top Players by Silicon Carbide Substrates Revenue (2018-2023)
2.3 Global Top Players by Silicon Carbide Substrates Price (2018-2023)
2.4 Global Top Manufacturers Silicon Carbide Substrates Manufacturing Base Distribution, Sales Area, Product Type
2.5 Silicon Carbide Substrates Market Competitive Situation and Trends
2.5.1 Silicon Carbide Substrates Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Silicon Carbide Substrates Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Silicon Carbide Substrates as of 2022)
2.7 Date of Key Manufacturers Enter into Silicon Carbide Substrates Market
2.8 Key Manufacturers Silicon Carbide Substrates Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Silicon Carbide Substrates Status and Outlook by Region
3.1 Global Silicon Carbide Substrates Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Silicon Carbide Substrates Historic Market Size by Region
3.2.1 Global Silicon Carbide Substrates Sales in Volume by Region (2018-2023)
3.2.2 Global Silicon Carbide Substrates Sales in Value by Region (2018-2023)
3.2.3 Global Silicon Carbide Substrates Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Silicon Carbide Substrates Forecasted Market Size by Region
3.3.1 Global Silicon Carbide Substrates Sales in Volume by Region (2024-2029)
3.3.2 Global Silicon Carbide Substrates Sales in Value by Region (2024-2029)
3.3.3 Global Silicon Carbide Substrates Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Silicon Carbide Substrates by Application
4.1 Silicon Carbide Substrates Market Segment by Application
4.1.1 Power Device
4.1.2 Electronics & Optoelectronics
4.1.3 Wireless Infrastructure
4.1.4 Others
4.2 Global Silicon Carbide Substrates Market Size by Application
4.2.1 Global Silicon Carbide Substrates Market Size Overview by Application (2018-2029)
4.2.2 Global Silicon Carbide Substrates Historic Market Size Review by Application (2018-2023)
4.2.3 Global Silicon Carbide Substrates Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Silicon Carbide Substrates Sales Breakdown by Application (2018-2023)
4.3.2 Europe Silicon Carbide Substrates Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Silicon Carbide Substrates Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Silicon Carbide Substrates Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Silicon Carbide Substrates Sales Breakdown by Application (2018-2023)
5 North America Silicon Carbide Substrates by Country
5.1 North America Silicon Carbide Substrates Historic Market Size by Country
5.1.1 North America Silicon Carbide Substrates Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Silicon Carbide Substrates Sales in Volume by Country (2018-2023)
5.1.3 North America Silicon Carbide Substrates Sales in Value by Country (2018-2023)
5.2 North America Silicon Carbide Substrates Forecasted Market Size by Country
5.2.1 North America Silicon Carbide Substrates Sales in Volume by Country (2024-2029)
5.2.2 North America Silicon Carbide Substrates Sales in Value by Country (2024-2029)
6 Europe Silicon Carbide Substrates by Country
6.1 Europe Silicon Carbide Substrates Historic Market Size by Country
6.1.1 Europe Silicon Carbide Substrates Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Silicon Carbide Substrates Sales in Volume by Country (2018-2023)
6.1.3 Europe Silicon Carbide Substrates Sales in Value by Country (2018-2023)
6.2 Europe Silicon Carbide Substrates Forecasted Market Size by Country
6.2.1 Europe Silicon Carbide Substrates Sales in Volume by Country (2024-2029)
6.2.2 Europe Silicon Carbide Substrates Sales in Value by Country (2024-2029)
7 Asia-Pacific Silicon Carbide Substrates by Region
7.1 Asia-Pacific Silicon Carbide Substrates Historic Market Size by Region
7.1.1 Asia-Pacific Silicon Carbide Substrates Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Silicon Carbide Substrates Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Silicon Carbide Substrates Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Silicon Carbide Substrates Forecasted Market Size by Region
7.2.1 Asia-Pacific Silicon Carbide Substrates Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Silicon Carbide Substrates Sales in Value by Region (2024-2029)
8 Latin America Silicon Carbide Substrates by Country
8.1 Latin America Silicon Carbide Substrates Historic Market Size by Country
8.1.1 Latin America Silicon Carbide Substrates Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Silicon Carbide Substrates Sales in Volume by Country (2018-2023)
8.1.3 Latin America Silicon Carbide Substrates Sales in Value by Country (2018-2023)
8.2 Latin America Silicon Carbide Substrates Forecasted Market Size by Country
8.2.1 Latin America Silicon Carbide Substrates Sales in Volume by Country (2024-2029)
8.2.2 Latin America Silicon Carbide Substrates Sales in Value by Country (2024-2029)
9 Middle East and Africa Silicon Carbide Substrates by Country
9.1 Middle East and Africa Silicon Carbide Substrates Historic Market Size by Country
9.1.1 Middle East and Africa Silicon Carbide Substrates Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Silicon Carbide Substrates Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Silicon Carbide Substrates Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Silicon Carbide Substrates Forecasted Market Size by Country
9.2.1 Middle East and Africa Silicon Carbide Substrates Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Silicon Carbide Substrates Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cree
10.1.1 Cree Company Information
10.1.2 Cree Introduction and Business Overview
10.1.3 Cree Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cree Silicon Carbide Substrates Products Offered
10.1.5 Cree Recent Development
10.2 DuPont (Dow Corning)
10.2.1 DuPont (Dow Corning) Company Information
10.2.2 DuPont (Dow Corning) Introduction and Business Overview
10.2.3 DuPont (Dow Corning) Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.2.4 DuPont (Dow Corning) Silicon Carbide Substrates Products Offered
10.2.5 DuPont (Dow Corning) Recent Development
10.3 SiCrystal
10.3.1 SiCrystal Company Information
10.3.2 SiCrystal Introduction and Business Overview
10.3.3 SiCrystal Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.3.4 SiCrystal Silicon Carbide Substrates Products Offered
10.3.5 SiCrystal Recent Development
10.4 II-VI Advanced Materials
10.4.1 II-VI Advanced Materials Company Information
10.4.2 II-VI Advanced Materials Introduction and Business Overview
10.4.3 II-VI Advanced Materials Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.4.4 II-VI Advanced Materials Silicon Carbide Substrates Products Offered
10.4.5 II-VI Advanced Materials Recent Development
10.5 Nippon Steel & Sumitomo Metal
10.5.1 Nippon Steel & Sumitomo Metal Company Information
10.5.2 Nippon Steel & Sumitomo Metal Introduction and Business Overview
10.5.3 Nippon Steel & Sumitomo Metal Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Nippon Steel & Sumitomo Metal Silicon Carbide Substrates Products Offered
10.5.5 Nippon Steel & Sumitomo Metal Recent Development
10.6 Showa Denko
10.6.1 Showa Denko Company Information
10.6.2 Showa Denko Introduction and Business Overview
10.6.3 Showa Denko Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Showa Denko Silicon Carbide Substrates Products Offered
10.6.5 Showa Denko Recent Development
10.7 Norstel
10.7.1 Norstel Company Information
10.7.2 Norstel Introduction and Business Overview
10.7.3 Norstel Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Norstel Silicon Carbide Substrates Products Offered
10.7.5 Norstel Recent Development
10.8 TankeBlue
10.8.1 TankeBlue Company Information
10.8.2 TankeBlue Introduction and Business Overview
10.8.3 TankeBlue Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.8.4 TankeBlue Silicon Carbide Substrates Products Offered
10.8.5 TankeBlue Recent Development
10.9 SICC
10.9.1 SICC Company Information
10.9.2 SICC Introduction and Business Overview
10.9.3 SICC Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.9.4 SICC Silicon Carbide Substrates Products Offered
10.9.5 SICC Recent Development
10.10 Hebei Synlight Crystal
10.10.1 Hebei Synlight Crystal Company Information
10.10.2 Hebei Synlight Crystal Introduction and Business Overview
10.10.3 Hebei Synlight Crystal Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hebei Synlight Crystal Silicon Carbide Substrates Products Offered
10.10.5 Hebei Synlight Crystal Recent Development
10.11 CETC
10.11.1 CETC Company Information
10.11.2 CETC Introduction and Business Overview
10.11.3 CETC Silicon Carbide Substrates Sales, Revenue and Gross Margin (2018-2023)
10.11.4 CETC Silicon Carbide Substrates Products Offered
10.11.5 CETC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Silicon Carbide Substrates Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Silicon Carbide Substrates Industrial Chain Analysis
11.4 Silicon Carbide Substrates Market Dynamics
11.4.1 Silicon Carbide Substrates Industry Trends
11.4.2 Silicon Carbide Substrates Market Drivers
11.4.3 Silicon Carbide Substrates Market Challenges
11.4.4 Silicon Carbide Substrates Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Silicon Carbide Substrates Distributors
12.3 Silicon Carbide Substrates Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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