Silicon Carbide Wafer Market Size to Reach USD 14.65 Billion in 2032
04 Jul, 2025
KOLKATA, India – July 3, 2025 – PRLog— Rapid procurement of SiC wafers in the fabrication of semiconductors for artificial intelligence (AI) data centers is expected to drive significant demand for the SiC wafers market. Power semiconductors and integrated circuits based on silicon carbide (SiC) are significantly more energy efficient than traditional silicon power devices.
SiC wafers provide substantial benefits over typical silicon wafers. The rapid use of 200mm wafers over 150mm wafers to enhance device yield per wafer and lower cost per amp is emerging as a significant technical trend in the silicon carbide wafer industry.
However, increasing geopolitical tensions regarding the supply chain of critical materials are expected to limit the revenue growth of the market. Silicon carbide (SiC) wafer production is significantly dependent on a cross-border supply chain including raw materials, equipment, and parts.
Segment market overview and growth Insights:
The 6-inch SiC wafer (150 mm) segment accounts for the highest revenue share in 2024. Competitors are receiving major orders for 6-inch SiC wafers (150 mm) to fulfill rising demand from developing applications such as electric vehicles, energy storage systems, and renewable energy.
Regional market overview and growth insights:
North America registered a significant market share in the Silicon Carbide Wafer Market. The growing demand for electric vehicles (EVs) and artificial intelligence (AI) data centers is significantly contributing to revenue growth in this region. The US DOC is offering a tax credit facility to encourage the growth of SiC production in the United States.
Competitive Landscape and Key Competitors:
The list of major players included in the Silicon Carbide Wafer Market report is:
- Wolfspeed, Inc.
- Pallidus, Inc.
- Elkem ASA
- ASM International N.V.
- SK siltron Co.,Ltd.
- SiCrystal GmbH
- Semicorex Advanced Material Technology Co.,Ltd.
- Others
Major strategic developments by leading competitors
On 2nd July 2025, Infineon Technologies AG is strengthening its role as a leading Integrated Device Manufacturer (IDM) in the GaN space. The company announced that its scalable production of GaN devices on 300mm wafers is progressing as planned.
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