Silicon Carbide Market is a professional and in depth market report that focuses on primary and secondary drivers, market share, possible sales volume, leading segments and geographical analysis of Chemical and Materials industry. It shows that the rise in market value is generally attributed to the rising growth of the applicable industries and the subsequent rise in demand of applications. The Silicon Carbide Market analysis gives an examination of various segments that are relied upon to witness the quickest growth amid the approximate forecast frame. The competitive landscape section of the Silicon Carbide Market report brings into light a clear insight about the market share analysis of major industry players.
Global silicon carbide market (SiC) is to register a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to capability of SIC in Semiconductor to Perform at high voltage & power and high temperature.
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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 oxygen furnace. In contrast to silicomanganese or ferrosilicon, the low sulfur, aluminum and nitrogen content of the item which leads it to a cost-effective material. Silicon carbide has three times the band gap, three times the thermal conductivity, and ten times the critical strength of the electric field compared to silicon.
Global Silicon Carbide Market Segmentation:
Global Silicon Carbide Market (SiC) By Device (SIC Discrete Devices, SIC Bare Die), Wafer Size (2 Inch, 4 Inch, 6-Inch and Above)
Application (RF Device & Cellular Base Station, Power Grid Device, Flexible Ac Transmission Systems, High-Voltage, Direct Current, Power Supply and Inverter, Lighting Control, Industrial Motor Drive, Flame Detector, EV Motor Drive, EV Charging, Electronic Combat System, Wind Energy, Solar Energy, Others)
Vertical (Telecommunication, Energy & Power, Automotive, Renewable Power Generation, Defense, Power Electronics, Others)
Regions & Top Countries Data Covered in this Report are: Asia-Pacific (China, Southeast Asia, India, Japan, Korea, Western Asia), Europe (Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland), North America (United States, Canada, Mexico), Middle East & Africa (GCC, North Africa, South Africa) , South America (Brazil, Argentina, Columbia, Chile, Peru).
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Global silicon carbide market (SiC) is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of silicon carbide market (SiC) for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Top Players- Infineon Technologies AG, Cree, Inc., ROHM SEMICONDUCTOR, STMicroelectronics, TOSHIBA CORPORATION, GENERAL ELECTRIC, Saint-Gobain, Fuji Electric Co., Ltd., Renesas Electronics Corporation, Dow, GeneSiC Semiconductor Inc., Global Power Technologies Group, Microsemi, Central Semiconductor Corp., SANKEN ELECTRIC CO.,LTD., Bruckewell Technology Corp Taiwan, Ascatron AB, Littelfuse, Inc., Graphensic, Norstel AB, United Silicon Carbide Inc. , among others.
Key Developments in the Market
In May 2019, OpenGate Capital has completely acquired silicon carbon division from Saint-Gobain. This firm will be renamed as Fiven A/S. This purchase will help in company’s expansion and will increase revenue.
In January 2019, Cree, Inc. has partnered with STMicroelectronics and signed silicon carbide wafer supply agreement. This collaboration involves the supply of Cree’s epitaxial wafers and advanced 150mm silicon carbide bare to STMicroelectronics. This collaboration will help to grow SiC business.
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Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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