Silicon Carbide Market Size, Share, and Trends 2024 to 2034

Silicon Carbide Market (By Product: Black Silicon Carbide, Green Silicon Carbide; By Application: Steel, Automotive, Aerospace, Military & Defense, Electrical & Electronics, Healthcare, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2034

  • Last Updated : July 2024
  • Report Code : 4059
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Silicon Carbide Market 

5.1. COVID-19 Landscape: Silicon Carbide Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Silicon Carbide Market, By Product

8.1. Silicon Carbide Market Revenue and Volume, by Product, 2024-2034

8.1.1. Black Silicon Carbide

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Green Silicon Carbide

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Silicon Carbide Market, By Application

9.1. Silicon Carbide Market Revenue and Volume, by Application, 2024-2034

9.1.1. Steel

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Automotive

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Aerospace

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

9.1.4. Military & Defense

9.1.4.1. Market Revenue and Volume Forecast (2021-2034)

9.1.5. Electrical & Electronics

9.1.5.1. Market Revenue and Volume Forecast (2021-2034)

9.1.6. Healthcare

9.1.6.1. Market Revenue and Volume Forecast (2021-2034)

9.1.7. Others

9.1.7.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Silicon Carbide Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.1.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.1.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.1.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.2.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.2.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.2.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.2.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.2.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.3.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.3.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.3.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.3.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.4.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.4.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.4.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.4.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.5.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

10.5.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

Chapter 11. Company Profiles

11.1. Cree, Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. STMicroelectronics N.V.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. ON Semiconductor Corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Infineon Technologies AG

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. ROHM Co., Ltd.

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Toshiba Corporation

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Renesas Electronics Corporation

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. United Silicon Carbide, Inc.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Monolithic Power Systems, Inc.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Fuji Electric Co., Ltd.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global silicon carbide market size is expected to increase USD 12.39 billion by 2034 from USD 3.72 billion in 2023.

The global silicon carbide market will register growth rate of 11.53% between 2024 and 2034.

The major players operating in the silicon carbide market are Cree, Inc., STMicroelectronics N.V., ON Semiconductor Corporation, Infineon Technologies AG, ROHM Co., Ltd., Toshiba Corporation, Renesas Electronics Corporation, United Silicon Carbide, Inc., Monolithic Power Systems, Inc., Fuji Electric Co., Ltd., Littelfuse, Inc., Microsemi Corporation (Microchip Technology Inc.), General Electric Company, Fairchild Semiconductor International, Inc., Northrop Grumman Corporation, and Others.

The driving factors of the silicon carbide market are the growing demand for electric vehicles, rapid expansion of renewable energy sources, and increasing adoption of industrial automation and robotics.

Asia Pacific region will lead the global silicon carbide market during the forecast period 2024 to 2034.

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