 Global Silicon Carbide Wafer Market Growth 2019-2024
      Global Silicon Carbide Wafer Market Growth 2019-2024SiC single crystal 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.
The global production of the silicon carbide wafer increased from 310 K Pcs in 2013 to 453 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 90% consumption market share in 2017. Among various applications, demand from powder device accounts for the largest share. In 2017, the filed consumed 39.34% silicon carbide wafer.
According to this study, over the next five years the Silicon Carbide Wafer market will register a 10.5% CAGR in terms of revenue, the global market size will reach US$ 430 million by 2024, from US$ 240 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Silicon Carbide Wafer business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Silicon Carbide Wafer market by product type, application, key manufacturers and key regions and countries.
This study considers the Silicon Carbide Wafer value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    2 Inch
    3 Inch
    4 Inch
    6 Inch
    Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Power Device
    Electronics & Optoelectronics
    Wireless Infrastructure
    Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    Cree
    Dow Corning
    SiCrystal
    II-VI Advanced Materials
    Nippon Steel & Sumitomo Metal
    Norstel
    Aymont Technology
    TankeBlue
    SICC
    Hebei Synlight Crystal
    CETC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Silicon Carbide Wafer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Silicon Carbide Wafer market by identifying its various subsegments.
    Focuses on the key global Silicon Carbide Wafer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Silicon Carbide Wafer with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Silicon Carbide Wafer submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
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