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Monday, May 1, 2023

SiC discrete devices is expected to remain the largest segment in the global silicon carbide market

An exciting new study from the team of Lucintel found that silicon carbide market is expected to reach $3 billion by 2028 with a CAGR of 17.8. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/silicon-carbide-market.aspx.

The silicon carbide market is segmented based on SiC based devices, application, wafer size, and end use, and region. In this market, SiC discrete devices is expected to remain the largest SiC based devices, and automotive segment is expected to remain the largest end use. Players can benefit from the available opportunities like high rate of development in countries, such as Japan and South Korea, and increasing adoption of new technologies of electric vehicles in developing economies.

Introduction of smartcut SiC technology, growing emergence of larger sized SiC wafers, and growing emergence of polished silicon carbide (SiC) wafer manufacturing are emerging trends having impact on dynamics of the industry.

Infineon Technologies, Wolfspeed, Inc., StMicroelectronics N.V, ON Semiconductors, Renesas Electric Corporation, Fiven A/S, ROHM Co., Ltd., Coorstek, Morgan Advanced Materials, Entegris are some of the major players profiled in this 235 page report.

Request Sample Pages by clicking on https://www.lucintel.com/silicon-carbide-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the silicon carbide market by SiC based device (SiC discrete devices, SiC modules, and SiC bare die), application (RF device and cellular base stations, power grid devices, silicon carbide AC transmission systems (FACTS),etc.), end use (automotive, energy, industrial transportation, telecom and infrastructure, consumer, and others), and region?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the silicon carbide market?

Q.4 What are some changing demands of customers in the silicon carbide market?

Q.5 What are the new developments in the silicon carbide market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this silicon carbide area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this silicon carbide market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: 
roy.almaguer@lucintel.com
Tel. 972.636.5056

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