
The global SiC Substrates market size was valued at US$ 555.1 million in 2023. With growing demand in downstream market, the SiC Substrates is forecast to a readjusted size of US$ 1792.1 million by 2030 with a CAGR of 18.2% during review period.
The research report highlights the growth potential of the global SiC Substrates market. SiC Substrates are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of SiC Substrates. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the SiC Substrates market.
Silicon carbide (SiC), also known as carborundum, is a compound of silicon and carbon with chemical formula SiC. Silicon carbide is a semiconductor, which can be doped n-type by nitrogen or phosphorus and p-type by beryllium, boron, aluminium, or gallium. Metallic conductivity has been achieved by heavy doping with boron, aluminium or nitrogen.
SiC Substrates is a semiconductor material with unique electrical properties and excellent thermal properties , compared to silicon wafer and gallium arsenide wafer , SiC is more suitable for high temperatureand high power device .SiC Substrates can be supplied in diameter 2 inch , both 4-H or 6-H polytype N-type , Nitrogent doped , and Si face polished. It can be used in GaN epitaxy device, Optoelectronic device, High frequency device, High power device, High temperature device, Light emitting diodes.
Alpha silicon carbide (α-SiC) is the most commonly encountered polymorph; it is formed at temperatures greater than 1700 °C and has a hexagonal crystal structure (similar to Wurtzite). The beta modification (β-SiC), with a zinc blende crystal structure (similar to diamond), is formed at temperatures below 1700 °C. Until recently, the beta form has had relatively few commercial uses, although there is now increasing interest in its use as a support for heterogeneous catalysts, owing to its higher surface area compared to the alpha form.
For now, the main application of silicon carbide substrate in LED solid-state lighting field and high-frequency devices
As the basic material of the third generation semiconductor industry, silicon carbide substrate has a high application prospect and industrial value, and has an important strategic position in the development of China's semiconductor industry. For a long time, the core technology and market of silicon carbide substrate are basically monopolized by developed countries in Europe and the United States, and the larger the product size, the higher the level of technical parameters, the more obvious its technical advantages. China's silicon carbide crystal research only started in the late 1990s, and failed to achieve industrialization due to technical bottlenecks and capacity limits in the early stage of development, which is far behind the international advanced level. Since the beginning of the 21st century, under the support and guidance of the national industrial policy, the development of China's silicon carbide wafer industry has been greatly accelerated. Excellent silicon carbide substrate manufacturing enterprises with independent intellectual property rights such as Tianke Heda and Shandong Tianyue have emerged successively. Domestic enterprises to technology-driven development, deep cultivation of silicon carbide wafer and crystal manufacturing, gradually master 2 inches to 6 inches of silicon carbide crystal and wafer manufacturing technology, break the domestic silicon carbide wafer manufacturing technology gap and gradually narrow the technology gap with the developed countries.
Global core SiC substrates players include Cree (Wolfspeed), II-VI Advanced Materials and ROHM etc. The top 5 companies hold a share about 56%. North America is the largest market, with a share about 34% in the world, followed by China and Europe with the same share about 26%. and 29%.The major players in China SiC Substrates market include Cree(Wolfspeed) , II‐VI Advanced Materials, TankeBlue Semiconductor, etc. The top 3 players hold about 80% of the whole market shares. East China and South China are main markets for SiC Substrates, which hold a share about 80%.
Key Features:
The report on SiC Substrates market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the SiC Substrates market. It may include historical data, market segmentation by Inch (e.g., 4 Inch, 6 Inch), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the SiC Substrates market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the SiC Substrates market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the SiC Substrates industry. This include advancements in SiC Substrates technology, SiC Substrates new entrants, SiC Substrates new investment, and other innovations that are shaping the future of SiC Substrates.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the SiC Substrates market. It includes factors influencing customer ' purchasing decisions, preferences for SiC Substrates product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the SiC Substrates market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting SiC Substrates market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the SiC Substrates market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the SiC Substrates industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the SiC Substrates market.
Market Segmentation:
SiC Substrates market is split by Inch and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Inch, and by Application in terms of volume and value.
Segmentation by inch
4 Inch
6 Inch
8 Inch
Segmentation by application
Power component
RF device
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cree (Wolfspeed)
II-VI Advanced Materials
TankeBlue Semiconductor
SICC Materials
Beijing Cengol Semiconductor
Showa Denko (NSSMC)
Hebei Synlight Crystal
Norstel
ROHM
SK Siltron
Key Questions Addressed in this Report
What is the 10-year outlook for the global SiC Substrates market?
What factors are driving SiC Substrates market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do SiC Substrates market opportunities vary by end market size?
How does SiC Substrates break out inch, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global SiC Substrates Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for SiC Substrates by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for SiC Substrates by Country/Region, 2019, 2023 & 2030
2.2 SiC Substrates Segment by Inch
2.2.1 4 Inch
2.2.2 6 Inch
2.2.3 8 Inch
2.3 SiC Substrates Sales by Inch
2.3.1 Global SiC Substrates Sales Market Share by Inch (2019-2024)
2.3.2 Global SiC Substrates Revenue and Market Share by Inch (2019-2024)
2.3.3 Global SiC Substrates Sale Price by Inch (2019-2024)
2.4 SiC Substrates Segment by Application
2.4.1 Power component
2.4.2 RF device
2.4.3 Others
2.5 SiC Substrates Sales by Application
2.5.1 Global SiC Substrates Sale Market Share by Application (2019-2024)
2.5.2 Global SiC Substrates Revenue and Market Share by Application (2019-2024)
2.5.3 Global SiC Substrates Sale Price by Application (2019-2024)
3 Global SiC Substrates by Company
3.1 Global SiC Substrates Breakdown Data by Company
3.1.1 Global SiC Substrates Annual Sales by Company (2019-2024)
3.1.2 Global SiC Substrates Sales Market Share by Company (2019-2024)
3.2 Global SiC Substrates Annual Revenue by Company (2019-2024)
3.2.1 Global SiC Substrates Revenue by Company (2019-2024)
3.2.2 Global SiC Substrates Revenue Market Share by Company (2019-2024)
3.3 Global SiC Substrates Sale Price by Company
3.4 Key Manufacturers SiC Substrates Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers SiC Substrates Product Location Distribution
3.4.2 Players SiC Substrates Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for SiC Substrates by Geographic Region
4.1 World Historic SiC Substrates Market Size by Geographic Region (2019-2024)
4.1.1 Global SiC Substrates Annual Sales by Geographic Region (2019-2024)
4.1.2 Global SiC Substrates Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic SiC Substrates Market Size by Country/Region (2019-2024)
4.2.1 Global SiC Substrates Annual Sales by Country/Region (2019-2024)
4.2.2 Global SiC Substrates Annual Revenue by Country/Region (2019-2024)
4.3 Americas SiC Substrates Sales Growth
4.4 APAC SiC Substrates Sales Growth
4.5 Europe SiC Substrates Sales Growth
4.6 Middle East & Africa SiC Substrates Sales Growth
5 Americas
5.1 Americas SiC Substrates Sales by Country
5.1.1 Americas SiC Substrates Sales by Country (2019-2024)
5.1.2 Americas SiC Substrates Revenue by Country (2019-2024)
5.2 Americas SiC Substrates Sales by Inch
5.3 Americas SiC Substrates Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC SiC Substrates Sales by Region
6.1.1 APAC SiC Substrates Sales by Region (2019-2024)
6.1.2 APAC SiC Substrates Revenue by Region (2019-2024)
6.2 APAC SiC Substrates Sales by Inch
6.3 APAC SiC Substrates Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe SiC Substrates by Country
7.1.1 Europe SiC Substrates Sales by Country (2019-2024)
7.1.2 Europe SiC Substrates Revenue by Country (2019-2024)
7.2 Europe SiC Substrates Sales by Inch
7.3 Europe SiC Substrates Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa SiC Substrates by Country
8.1.1 Middle East & Africa SiC Substrates Sales by Country (2019-2024)
8.1.2 Middle East & Africa SiC Substrates Revenue by Country (2019-2024)
8.2 Middle East & Africa SiC Substrates Sales by Inch
8.3 Middle East & Africa SiC Substrates Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of SiC Substrates
10.3 Manufacturing Process Analysis of SiC Substrates
10.4 Industry Chain Structure of SiC Substrates
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 SiC Substrates Distributors
11.3 SiC Substrates Customer
12 World Forecast Review for SiC Substrates by Geographic Region
12.1 Global SiC Substrates Market Size Forecast by Region
12.1.1 Global SiC Substrates Forecast by Region (2025-2030)
12.1.2 Global SiC Substrates Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global SiC Substrates Forecast by Inch
12.7 Global SiC Substrates Forecast by Application
13 Key Players Analysis
13.1 Cree (Wolfspeed)
13.1.1 Cree (Wolfspeed) Company Information
13.1.2 Cree (Wolfspeed) SiC Substrates Product Portfolios and Specifications
13.1.3 Cree (Wolfspeed) SiC Substrates Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Cree (Wolfspeed) Main Business Overview
13.1.5 Cree (Wolfspeed) Latest Developments
13.2 II-VI Advanced Materials
13.2.1 II-VI Advanced Materials Company Information
13.2.2 II-VI Advanced Materials SiC Substrates Product Portfolios and Specifications
13.2.3 II-VI Advanced Materials SiC Substrates Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 II-VI Advanced Materials Main Business Overview
13.2.5 II-VI Advanced Materials Latest Developments
13.3 TankeBlue Semiconductor
13.3.1 TankeBlue Semiconductor Company Information
13.3.2 TankeBlue Semiconductor SiC Substrates Product Portfolios and Specifications
13.3.3 TankeBlue Semiconductor SiC Substrates Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 TankeBlue Semiconductor Main Business Overview
13.3.5 TankeBlue Semiconductor Latest Developments
13.4 SICC Materials
13.4.1 SICC Materials Company Information
13.4.2 SICC Materials SiC Substrates Product Portfolios and Specifications
13.4.3 SICC Materials SiC Substrates Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 SICC Materials Main Business Overview
13.4.5 SICC Materials Latest Developments
13.5 Beijing Cengol Semiconductor
13.5.1 Beijing Cengol Semiconductor Company Information
13.5.2 Beijing Cengol Semiconductor SiC Substrates Product Portfolios and Specifications
13.5.3 Beijing Cengol Semiconductor SiC Substrates Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Beijing Cengol Semiconductor Main Business Overview
13.5.5 Beijing Cengol Semiconductor Latest Developments
13.6 Showa Denko (NSSMC)
13.6.1 Showa Denko (NSSMC) Company Information
13.6.2 Showa Denko (NSSMC) SiC Substrates Product Portfolios and Specifications
13.6.3 Showa Denko (NSSMC) SiC Substrates Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Showa Denko (NSSMC) Main Business Overview
13.6.5 Showa Denko (NSSMC) Latest Developments
13.7 Hebei Synlight Crystal
13.7.1 Hebei Synlight Crystal Company Information
13.7.2 Hebei Synlight Crystal SiC Substrates Product Portfolios and Specifications
13.7.3 Hebei Synlight Crystal SiC Substrates Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Hebei Synlight Crystal Main Business Overview
13.7.5 Hebei Synlight Crystal Latest Developments
13.8 Norstel
13.8.1 Norstel Company Information
13.8.2 Norstel SiC Substrates Product Portfolios and Specifications
13.8.3 Norstel SiC Substrates Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Norstel Main Business Overview
13.8.5 Norstel Latest Developments
13.9 ROHM
13.9.1 ROHM Company Information
13.9.2 ROHM SiC Substrates Product Portfolios and Specifications
13.9.3 ROHM SiC Substrates Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 ROHM Main Business Overview
13.9.5 ROHM Latest Developments
13.10 SK Siltron
13.10.1 SK Siltron Company Information
13.10.2 SK Siltron SiC Substrates Product Portfolios and Specifications
13.10.3 SK Siltron SiC Substrates Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 SK Siltron Main Business Overview
13.10.5 SK Siltron Latest Developments
14 Research Findings and Conclusion
*If Applicable.
