Global Silicon Carbide Wafer Sales is 425 K Pcs In 2017
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Silicon carbide wafers have excellent heat resistance and voltage resistance compared to silicon wafers that are widely used for semiconductors. SiC single crystal wafers can remarkably reduce energy loss during electric power control, significantly contributing to the reduction of energy use and environmental stress. They are highly expected as substrate materials for the next-generation power semiconductor devices.
Among various applications, demand from Wireless Infrastructure accounts for the largest share. In 2017, the filed consumed 30.66% silicon carbide wafer. While the Power Device industry achieves fast growth and will become the largest consumer of silicon carbide wafer in the coming years.
The global sales of the silicon carbide wafer increased from 284 K Pcs in 2013 to 425 K Pcs in 2017, backed with the increasing demand of downstream industry. Key players in the industry include Cree, Dow Corning, SiCrystal and so on. USA, Europe and Japan are the major consumers. The total three regions accounted for more than 87% consumption market share in 2017.
According to its size, silicon carbide wafer can be mainly divided into four types, 2 inch, 3 inch, 4 inch and 6 inch. 4 inch is the most commonly used one for the time being.
With rapid development of downstream industry, such as power device, wireless infrastructure etc., insiders think the silicon carbide wafer market will experience fast growth in the coming years. It is estimated that the global silicon carbide wafer market will be worthy of 483.30 million USD in the year of 2024, with the CAGR of 10.71% during the period of 2017 to 2024.