The Global Sillicon Carbide Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2027). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
Major Players are:
CREE Incorporated, Fairchild Semiconductor International Inc., Genesic Semiconductor Inc. ,Infineon Technologies AG, Microsemi Corporation, Norstel AB, Renesas Electronics Corporation, ROHM Co. ., STMicroelectronics N.V, Toshiba Corporation
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The growing steel industry is anticipated to drive the growth as the silicon carbide (SiC) is used as a deoxidizing agent in the steel industry and is a major raw material in refractories production. Silicon carbide acts as a steel production deoxidizing agent. To generate huge amounts of hot steel together with steel scrap, it is primarily dissolved in an oxygen furnace. Various factors such as the surge in demand for motor drives, compact system size, and the increase in utility of silicon carbide in the cellular base station and radiofrequency devices are some factors, which is driving the growth of the silicon carbide market during the forecast period.
Recent Developments in Global Sillicon Carbide Market:
In January 2019, Cree, Inc. has partnered with STMicroelectronics and signed a silicon carbide wafer supply agreement. This collaboration involves the supply of Creeâ€™s epitaxial wafers and advanced 150mm silicon carbide bare to STMicroelectronics. This collaboration will help to grow the SiC business.
The Global Sillicon Carbide Market segments and Market Data Break Down are illuminated below:
Study by Application (Power Grid Devices, Flexible AC Transmission Systems (FACTs), High-Voltage, Direct Current Systems (HVCDs), Power Supplies and Inverters, RF Devices & Cellular Base Stations, Lighting Control Systems, Industrial Motor Drives, Flame Detectors, EV Motor Drives, EV Charging Stations, Electronic Combat Systems, Wind Turbine, Solar Power Systems, Others), Industry Vertical (Energy & Power, Automotive, Renewable Power Generation, Defense, Power Electronics, Telecommunication, Others), Device (SIC Discrete Device (SIC Diode, SIC MOSFET, SIC Module), SIC Bare Die), Wafer Size (2 Inch, 4 Inch, 6 Inch and Above)
Increasing Government, Private Organizations, Research Institutes, and Industry Players Investments to Increase SiC Production
Growing Demand for SiC Devices in Power Electronics Industry
SiC-Based Devices Facilitate Size-Reduction
Years considered for this report:
- Historical Years: 2015-2019
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2020-2027
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Current Scenario Analysis for Decision Framework
Key Strategic Developments in Sillicon Carbide Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.
Key Market Features in Global Sillicon Carbide Market
The report highlights Sillicon Carbide market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Sillicon Carbide market share and annualized growth rate (Y-o-Y) and Periodic CAGR.
Important Facts about Global Sillicon Carbide Market Report:
- Market share valuations of the segments on country and global level
- Share analysis of the major market players
- Opportunities for new market entrants
- Market forecast for a minimum of six years for all the segments, sub-segments in various countries and regions
- Market Trends (drivers, restraints, opportunities, threats, challenges, investment opportunities, and approvals)
- Strategic endorsements in key business segments on the basis of market valuations
- Competitive scenario mapping the key development patterns.
- Company profiling with comprehensive strategies, financial details, and recent progressions.
- Supply chain trends representing the latest technological advancements.
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Extract from Table of Content:
Chapter 01 – Executive Summary
1.1 Snapshot of the key findings and key statistics.
1.2 Market value (US$ million).
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
3.1 Strategies adopted by key market participants and factors that have turned into success.
3.2 Additional viewpoint on global average pricing analysis benchmark, and consumer’s sentiments’ analysis.
Chapter 04 – Covid-19 Crisis Analysis on Global Sillicon Carbide Market
Chapter 05 – Global Sillicon Carbide Market – Pricing Analysis
Chapter 06 – Global Sillicon Carbide Market Background
6.1 Macroeconomic factors affecting the Global Sillicon Carbide market
6.2 Explore supply chain and value chain analysis.
6.3 In-depth information about the market dynamics and their consequences.
Chapter 07 — Global Sillicon Carbide Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in Global Sillicon Carbide Market
Chapter 09 – Global Sillicon Carbide Market Structure Analysis
Chapter 10 – Global Sillicon Carbide Market Competitive Analysis
10.1 Market Concentration Rate
10.2 Competition Scenario: BCG Matrix [Relative Market Share v/s Revenue Growth Rate]
10.3 Heat Map Analysis
10.4 Comparative Market Share Analysis by Players (2018-2019) Rank, [% Market Share, Market Revenue]
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology
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