According to our (Global Info Research) latest study, the global SiC Wafer Ingot market size was valued at US$ 631 million in 2025 and is forecast to a readjusted size of US$ 1979 million by 2032 with a CAGR of 17.7% during review period.
A SiC wafer ingot is a cylindrical single crystal of silicon carbide grown on a seed crystal using high-temperature crystal-growth methods, most commonly Physical Vapor Transport (PVT). In this process, high-purity SiC powder sublimes and re-crystallizes on the seed, forming a 4H-SiC or 6H-SiC single crystal several inches in diameter.
Upstream of the SiC wafer ingot are high purity SiC source powders, often with controlled particle-size distributions to stabilize sublimation and crystal growth, combined with dopant sources. Downstream, the SiC wafer ingot is shaped and sliced into wafers, which are polished into SiC substrates that serve as the starting material for power and RF semiconductor devices.
In 2024, global sales of SiC wafer ingot reached approximately 98 K pieces, with an average global market price of around US$ 6,228/piece. Production capacity varies significantly among manufacturers, with gross profit margins ranging from approximately 20% to 50%.
This report is a detailed and comprehensive analysis for global SiC Wafer Ingot market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global SiC Wafer Ingot market size and forecasts, in consumption value ($ Million), sales quantity (Pieces), and average selling prices (US$/Piece), 2021-2032
Global SiC Wafer Ingot market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Pieces), and average selling prices (US$/Piece), 2021-2032
Global SiC Wafer Ingot market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Pieces), and average selling prices (US$/Piece), 2021-2032
Global SiC Wafer Ingot market shares of main players, shipments in revenue ($ Million), sales quantity (Pieces), and ASP (US$/Piece), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for SiC Wafer Ingot
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global SiC Wafer Ingot market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wolfspeed, Coherent, SiCrystal, SK Siltron, Resonac, STMicroelectronics, onsemi, Mitsubishi Electric, Atecom Technology, Shanxi Semisic Crystal, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
SiC Wafer Ingot market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
4-inch
6-inch
8-inch
Market segment by Conductivity
Conductive Type
Semi-Insulating Type
Market segment by Crystal Structure
4H-SiC
6H-SiC
3C-SiC
Market segment by Application
Automotive Power Electronics
Renewable Energy
Industrial Motor Drives
Communication Electronics
Aerospace
Other
Major players covered
Wolfspeed
Coherent
SiCrystal
SK Siltron
Resonac
STMicroelectronics
onsemi
Mitsubishi Electric
Atecom Technology
Shanxi Semisic Crystal
TankeBlue
SICC
Hebei Synlight Semiconductor
Ningbo Alpha Semiconductor
Hypersics
Sanan Optoelectronics
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe SiC Wafer Ingot product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of SiC Wafer Ingot, with price, sales quantity, revenue, and global market share of SiC Wafer Ingot from 2021 to 2026.
Chapter 3, the SiC Wafer Ingot competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the SiC Wafer Ingot breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and SiC Wafer Ingot market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of SiC Wafer Ingot.
Chapter 14 and 15, to describe SiC Wafer Ingot sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on SiC Wafer Ingot. Industry analysis & Market Report on SiC Wafer Ingot is a syndicated market report, published as Global SiC Wafer Ingot Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of SiC Wafer Ingot market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.