The global market for Silicon Carbide Wafer was estimated to be worth US$ 1372 million in 2024 and is forecast to a readjusted size of US$ 5470 million by 2031 with a CAGR of 21.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Silicon Carbide Wafer cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Silicon carbide is an inorganic substance with the chemical formula SiC. It is made of raw materials such as quartz sand, petroleum coke (or coal coke), and sawdust (salt is needed to produce green silicon carbide) through high-temperature smelting in a resistance furnace. Silicon carbide is a semiconductor that exists in nature in the form of the extremely rare mineral moissanite. Since 1893, it has been mass-produced as powder and crystals for use as abrasives, etc. Among non-oxide high-tech refractory raw materials such as C, N, and B, silicon carbide is the most widely used and economical one, which can be called diamond sand or refractory sand.
Wafer refers to the cutting, grinding, and polishing of crystals along a specific crystal direction to obtain a clean single wafer with specific crystal planes and appropriate electrical, optical, and mechanical properties for growing epitaxial layers. Silicon carbide wafer is the core material of the newly developed wide bandgap semiconductor. The devices made with it have the characteristics of high temperature resistance, high voltage resistance, high frequency, high power, and radiation resistance. It has the advantages of fast switching speed and high efficiency, which can greatly reduce product power consumption, improve energy conversion efficiency, and reduce product volume. According to different electrical properties, silicon carbide wafer can be divided into two categories: semi-insulating silicon carbide wafer and conductive silicon carbide wafer. These two types of wafer are clearly used to manufacture discrete devices such as power devices and radio frequency devices after epitaxial growth.
At present, 6-inch SiC wafer still occupy the mainstream market, but 8-inch wafer are gradually penetrating. Compared with 6-inch wafer, the cost of 8-inch SiC wafer can be reduced by about 35%, and more wafers can be cut out with less edge waste, which greatly improves the effective utilization of materials. Therefore, domestic and foreign manufacturers are accelerating research and development, expanding production, and entering the 8-inch silicon carbide market.
From the perspective of the global silicon carbide wafer material market, Wolfspeed, Coherent, Rohm, etc. still occupy a dominant position in the industry. However, in recent years, my country's silicon carbide material market has also been very hot. Wafer manufacturers such as CETC, TankeBlue, SICC, Hebei Synlight Crystal, and Sanan Optoelectronics have all achieved mass production. From the perspective of the terminal market, the demand for silicon carbide remains strong, whether in automobiles, photovoltaics, or industry. As the first car company in the industry to apply silicon carbide on a large scale, Tesla's Model 3 and Model Y models are selling well. In 2023, the penetration rate of silicon carbide in the field of pure electric passenger vehicles will be 25%, of which Model 3 and Model Y will contribute 60% to 70%. At the same time, driven by new car-making forces at home and abroad, the market structure of silicon carbide is gradually becoming diversified. In 2023, there will be a number of standard silicon carbide models in the price range of 200,000 to 250,000 yuan, such as Xiaopeng G6, Zeekr X, and Zhiji LS6. The high-performance strategy of new car companies is accelerating the market penetration of silicon carbide. In the future, all models with a price of more than 200,000 yuan may be equipped with silicon carbide devices as standard. Not only new energy vehicles, but also charging piles, photovoltaics, and industrial markets have great potential demand for silicon carbide. Wind, solar, storage, and industrial demand are also gradually increasing the application of silicon carbide devices and modules to cope with high-frequency, small-volume, and energy-saving scenarios, and the application scale is also considerable.
This report aims to provide a comprehensive presentation of the global market for Silicon Carbide Wafer, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Silicon Carbide Wafer by region & country, by Type, and by Application.
The Silicon Carbide Wafer market size, estimations, and forecasts are provided in terms of sales volume (K Pcs) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Silicon Carbide Wafer.
Market Segmentation
By Company
- Wolfspeed
- SK Siltron
- ROHM Group (SiCrystal)
- Coherent
- Senic
- STMicroelectronics
- TankeBlue
- SICC
- Hebei Synlight Crystal
- CETC
- San'an Optoelectronics
- Onsemi
Segment by Type
Segment by Application
- Power Device
- Electronics & Optoelectronics
- Wireless Infrastructure
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Silicon Carbide Wafer manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Silicon Carbide Wafer in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Silicon Carbide Wafer in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Silicon Carbide Wafer Product Introduction
- 1.2 Global Silicon Carbide Wafer Market Size Forecast
- 1.2.1 Global Silicon Carbide Wafer Sales Value (2020-2031)
- 1.2.2 Global Silicon Carbide Wafer Sales Volume (2020-2031)
- 1.2.3 Global Silicon Carbide Wafer Sales Price (2020-2031)
- 1.3 Silicon Carbide Wafer Market Trends & Drivers
- 1.3.1 Silicon Carbide Wafer Industry Trends
- 1.3.2 Silicon Carbide Wafer Market Drivers & Opportunity
- 1.3.3 Silicon Carbide Wafer Market Challenges
- 1.3.4 Silicon Carbide Wafer Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Silicon Carbide Wafer Players Revenue Ranking (2024)
- 2.2 Global Silicon Carbide Wafer Revenue by Company (2020-2025)
- 2.3 Global Silicon Carbide Wafer Players Sales Volume Ranking (2024)
- 2.4 Global Silicon Carbide Wafer Sales Volume by Company Players (2020-2025)
- 2.5 Global Silicon Carbide Wafer Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Silicon Carbide Wafer Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Silicon Carbide Wafer Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Silicon Carbide Wafer
- 2.9 Silicon Carbide Wafer Market Competitive Analysis
- 2.9.1 Silicon Carbide Wafer Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Silicon Carbide Wafer Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Silicon Carbide Wafer as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 4 Inch
- 3.1.2 6 Inch
- 3.1.3 8 Inch
- 3.2 Global Silicon Carbide Wafer Sales Value by Type
- 3.2.1 Global Silicon Carbide Wafer Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Silicon Carbide Wafer Sales Value, by Type (2020-2031)
- 3.2.3 Global Silicon Carbide Wafer Sales Value, by Type (%) (2020-2031)
- 3.3 Global Silicon Carbide Wafer Sales Volume by Type
- 3.3.1 Global Silicon Carbide Wafer Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Silicon Carbide Wafer Sales Volume, by Type (2020-2031)
- 3.3.3 Global Silicon Carbide Wafer Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Silicon Carbide Wafer Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction 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 Wafer Sales Value by Application
- 4.2.1 Global Silicon Carbide Wafer Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Silicon Carbide Wafer Sales Value, by Application (2020-2031)
- 4.2.3 Global Silicon Carbide Wafer Sales Value, by Application (%) (2020-2031)
- 4.3 Global Silicon Carbide Wafer Sales Volume by Application
- 4.3.1 Global Silicon Carbide Wafer Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Silicon Carbide Wafer Sales Volume, by Application (2020-2031)
- 4.3.3 Global Silicon Carbide Wafer Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Silicon Carbide Wafer Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Silicon Carbide Wafer Sales Value by Region
- 5.1.1 Global Silicon Carbide Wafer Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Silicon Carbide Wafer Sales Value by Region (2020-2025)
- 5.1.3 Global Silicon Carbide Wafer Sales Value by Region (2026-2031)
- 5.1.4 Global Silicon Carbide Wafer Sales Value by Region (%), (2020-2031)
- 5.2 Global Silicon Carbide Wafer Sales Volume by Region
- 5.2.1 Global Silicon Carbide Wafer Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Silicon Carbide Wafer Sales Volume by Region (2020-2025)
- 5.2.3 Global Silicon Carbide Wafer Sales Volume by Region (2026-2031)
- 5.2.4 Global Silicon Carbide Wafer Sales Volume by Region (%), (2020-2031)
- 5.3 Global Silicon Carbide Wafer Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Silicon Carbide Wafer Sales Value, 2020-2031
- 5.4.2 North America Silicon Carbide Wafer Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Silicon Carbide Wafer Sales Value, 2020-2031
- 5.5.2 Europe Silicon Carbide Wafer Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Silicon Carbide Wafer Sales Value, 2020-2031
- 5.6.2 Asia Pacific Silicon Carbide Wafer Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Silicon Carbide Wafer Sales Value, 2020-2031
- 5.7.2 South America Silicon Carbide Wafer Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Silicon Carbide Wafer Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Silicon Carbide Wafer Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Silicon Carbide Wafer Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Silicon Carbide Wafer Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Silicon Carbide Wafer Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Silicon Carbide Wafer Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Silicon Carbide Wafer Sales Value, 2020-2031
- 6.3.2 United States Silicon Carbide Wafer Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Silicon Carbide Wafer Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Silicon Carbide Wafer Sales Value, 2020-2031
- 6.4.2 Europe Silicon Carbide Wafer Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Silicon Carbide Wafer Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Silicon Carbide Wafer Sales Value, 2020-2031
- 6.5.2 China Silicon Carbide Wafer Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Silicon Carbide Wafer Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Silicon Carbide Wafer Sales Value, 2020-2031
- 6.6.2 Japan Silicon Carbide Wafer Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Silicon Carbide Wafer Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Silicon Carbide Wafer Sales Value, 2020-2031
- 6.7.2 South Korea Silicon Carbide Wafer Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Silicon Carbide Wafer Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Silicon Carbide Wafer Sales Value, 2020-2031
- 6.8.2 Southeast Asia Silicon Carbide Wafer Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Silicon Carbide Wafer Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Silicon Carbide Wafer Sales Value, 2020-2031
- 6.9.2 India Silicon Carbide Wafer Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Silicon Carbide Wafer Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Wolfspeed
- 7.1.1 Wolfspeed Company Information
- 7.1.2 Wolfspeed Introduction and Business Overview
- 7.1.3 Wolfspeed Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Wolfspeed Silicon Carbide Wafer Product Offerings
- 7.1.5 Wolfspeed Recent Development
- 7.2 SK Siltron
- 7.2.1 SK Siltron Company Information
- 7.2.2 SK Siltron Introduction and Business Overview
- 7.2.3 SK Siltron Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 SK Siltron Silicon Carbide Wafer Product Offerings
- 7.2.5 SK Siltron Recent Development
- 7.3 ROHM Group (SiCrystal)
- 7.3.1 ROHM Group (SiCrystal) Company Information
- 7.3.2 ROHM Group (SiCrystal) Introduction and Business Overview
- 7.3.3 ROHM Group (SiCrystal) Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 ROHM Group (SiCrystal) Silicon Carbide Wafer Product Offerings
- 7.3.5 ROHM Group (SiCrystal) Recent Development
- 7.4 Coherent
- 7.4.1 Coherent Company Information
- 7.4.2 Coherent Introduction and Business Overview
- 7.4.3 Coherent Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Coherent Silicon Carbide Wafer Product Offerings
- 7.4.5 Coherent Recent Development
- 7.5 Senic
- 7.5.1 Senic Company Information
- 7.5.2 Senic Introduction and Business Overview
- 7.5.3 Senic Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Senic Silicon Carbide Wafer Product Offerings
- 7.5.5 Senic Recent Development
- 7.6 STMicroelectronics
- 7.6.1 STMicroelectronics Company Information
- 7.6.2 STMicroelectronics Introduction and Business Overview
- 7.6.3 STMicroelectronics Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 STMicroelectronics Silicon Carbide Wafer Product Offerings
- 7.6.5 STMicroelectronics Recent Development
- 7.7 TankeBlue
- 7.7.1 TankeBlue Company Information
- 7.7.2 TankeBlue Introduction and Business Overview
- 7.7.3 TankeBlue Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 TankeBlue Silicon Carbide Wafer Product Offerings
- 7.7.5 TankeBlue Recent Development
- 7.8 SICC
- 7.8.1 SICC Company Information
- 7.8.2 SICC Introduction and Business Overview
- 7.8.3 SICC Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 SICC Silicon Carbide Wafer Product Offerings
- 7.8.5 SICC Recent Development
- 7.9 Hebei Synlight Crystal
- 7.9.1 Hebei Synlight Crystal Company Information
- 7.9.2 Hebei Synlight Crystal Introduction and Business Overview
- 7.9.3 Hebei Synlight Crystal Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Hebei Synlight Crystal Silicon Carbide Wafer Product Offerings
- 7.9.5 Hebei Synlight Crystal Recent Development
- 7.10 CETC
- 7.10.1 CETC Company Information
- 7.10.2 CETC Introduction and Business Overview
- 7.10.3 CETC Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 CETC Silicon Carbide Wafer Product Offerings
- 7.10.5 CETC Recent Development
- 7.11 San'an Optoelectronics
- 7.11.1 San'an Optoelectronics Company Information
- 7.11.2 San'an Optoelectronics Introduction and Business Overview
- 7.11.3 San'an Optoelectronics Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 San'an Optoelectronics Silicon Carbide Wafer Product Offerings
- 7.11.5 San'an Optoelectronics Recent Development
- 7.12 Onsemi
- 7.12.1 Onsemi Company Information
- 7.12.2 Onsemi Introduction and Business Overview
- 7.12.3 Onsemi Silicon Carbide Wafer Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Onsemi Silicon Carbide Wafer Product Offerings
- 7.12.5 Onsemi Recent Development
8 Industry Chain Analysis
- 8.1 Silicon Carbide Wafer Industrial Chain
- 8.2 Silicon Carbide Wafer Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Silicon Carbide Wafer Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Silicon Carbide Wafer Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer