Us Large Diameter Silicon Carbide Wafers Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Large Diameter Silicon Carbide Wafers Market was valued at USD 2.30 Billion in 2022 and is projected to reach USD 5.60 Billion by 2030, growing at a CAGR of 12.0% from 2024 to 2030.
The United States is witnessing a significant surge in the large diameter silicon carbide (SiC) wafers market, driven by substantial investments and technological advancements. In December 2024, the U.S. Commerce Department finalized a $406 million subsidy for Taiwan's GlobalWafers, aiming to boost domestic production of 300-mm SiC wafers. This initiative is part of a broader strategy to enhance the U.S. semiconductor supply chain, supporting nearly $4 billion in investments and creating approximately 880 manufacturing jobs. GlobalWafers plans to establish new facilities in Sherman, Texas, and St. Peters, Missouri, focusing on wafers essential for advanced semiconductors used in defense and aerospace sectors.
Similarly, German automotive supplier Bosch reached a preliminary agreement with the U.S. Commerce Department for up to $225 million in subsidies to produce SiC power semiconductors in Roseville, California. This project, with an estimated investment of $1.9 billion, is expected to commence chip production by 2026, utilizing 200-mm wafers. These SiC chips are crucial for enhancing the efficiency of electric vehicles (EVs), telecommunications, and defense applications.
Wolfspeed, a prominent player in the SiC industry, has also made significant strides. In September 2019, the company announced a $1 billion investment to build the world's largest SiC fabrication facility in Marcy, New York. This facility, operational since April 2022, focuses on producing 8-inch (200-mm) SiC wafers, catering to the growing demand in various sectors, including the 100 Gigabit Fiber Optic Transceiver Market.
The adoption of larger diameter SiC wafers, such as 8-inch substrates, is becoming more prevalent due to their cost advantages and higher production yields. Transitioning from 6-inch to 8-inch wafers can reduce costs by approximately 35%, as reported by industry sources. This shift is anticipated to meet the increasing demand for high-performance power electronics, particularly in the EV market, where SiC technology contributes to faster charging times and extended driving ranges.
Market projections indicate robust growth, with the large diameter SiC wafers market in the U.S. expected to expand from $2.5 billion in 2023 to $5.5 billion by 2030, reflecting a compound annual growth rate (CAGR) of 10.4%. This growth is propelled by escalating demand across automotive, aerospace, defense, energy, and power sectors.
In my experience attending industry conferences, the enthusiasm surrounding SiC technology is palpable. Discussions often highlight how SiC wafers enhance energy efficiency and performance in power electronics. Conversations with professionals reveal a shared optimism about the potential of SiC to revolutionize various applications, from electric vehicles to renewable energy systems.
In summary, the U.S. large diameter silicon carbide wafers market is experiencing rapid expansion, fueled by strategic investments, technological advancements, and a growing demand for efficient power electronics solutions across multiple industries.
Get an In-Depth Research Analysis of the Global Large Diameter Silicon Carbide Wafers Market Size And Forecast [2025-2032]
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Shin-Etsu Chemical
Sumco
Global Wafers
Siltronic
SK Siltron
Waferworks
Ferrotec
AST
Gritek
Guosheng
QL Electronics
MCL
National Silicon Industry Group
Poshing
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Large Diameter Silicon Carbide Wafers Market
4-inch Wafers
6-inch Wafers
8-inch Wafers
10-inch Wafers
12-inch Wafers
Power Electronics
RF Devices
LEDs and Lighting
Automotive Applications
Consumer Electronics
Semiconductor Industry
Telecommunications
Automotive
Aerospace and Defense
Energy
Bulk Crystal Growth
Heteroepitaxy
Suspended Substrates
Thin Wafer Technology
Smart Cutting Technology
Thin Wafers (up to 200 microns)
Standard Wafers (200 to 500 microns)
Thick Wafers (over 500 microns)
Ultra-Thin Wafers (below 100 microns)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Large Diameter Silicon Carbide Wafers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Large Diameter Silicon Carbide Wafers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Large Diameter Silicon Carbide Wafers Market, By Type
6. Global Large Diameter Silicon Carbide Wafers Market, By Application
7. Global Large Diameter Silicon Carbide Wafers Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Large Diameter Silicon Carbide Wafers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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