Carborundum, often known as silicon carbide (SiC), is a silicon and carbon chemical combination. SiC is anticipated to have a significant revenue share since it has the ability to replace other silicon-based transistors and semiconductors. The ability of SiC to reduce semiconductor size and cut power system loss by 50% is one of the main drivers fueling the growth of the SiC market.
Silicon carbide (SiC) Market valued at US $993.50 Billion is to reach a value of US $3441.12 Billion in 2030, growing at a CAGR of 16.80%
In contrast to other materials used to make semiconductors, SiC material is expensive per tonne. As a result, one of the main factors limiting the market's growth is the high price of these semiconductors. Among the other obstacles to market expansion are problems with the packaging and the quality of the materials. The research being done to tackle these difficulties has moved slowly. But major businesses are looking for partnerships to boost investments in SiC-based electronic goods.
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Segmental Analysis of Global Silicon (SiC) Market:
Based on Device Type:
- SIC Discrete Device
- SIC Diode
- SIC MOSFET
- SIC Bare Die
- SIC Module
Based on Wafer Size:
- 2 Inch
- 4 Inch
- 6 Inch and above
Based on Application:
- Power Grid Devices
- Flexible AC Transmission Systems (FACTs)
- High-Voltage, Direct Current Systems (HVCDs)
- Power Supplies and Inverters
- RF Devices & Cellular Base Stations
- Lighting Control Systems
- Industrial Motor Drives
- Flame Detectors
- EV Motor Drives
- EV Charging Stations
- Electronic Combat Systems
- Wind Turbine
- Solar Power Systems
- Astronomical
- Pyrometer
- Nuclear, and
- Atomic Sciences
Based on Vertical:
- Energy & Power
- Automotive
- Renewable Power Generation
- Defence
- Power Electronics
- Telecommunication
Competitive Landscape:
Infineon Technologies AG, CREE, INC., ROHM Co. Ltd., STMicroelectronics N.V., Fuji Electric Co. Ltd., ON Semiconductor, General Electric Company, Toshiba Corporation, Renesas Electronics Corporation and Microchip Technology Incorporated.
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