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Silicon Carbide Companies Expand Wafer Capacity and Vertical Integration as SiC Discrete Devices Reach USD 2.5 Billion

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ON ON Semiconductor Corporation is listed as a major player in the silicon carbide market, indicating its involvement in a growing industry. The article does not provide specific sentiment towards the company itself, but its inclusion suggests participation in market expansion. NXPI NXP Semiconductors N.V. is identified as a key player in the silicon carbide market. The article highlights the overall growth and opportunities within this sector, implying NXP's potential to benefit from these trends, though no specific sentiment is directed at the company. MU The article mentions 'memory making' as a hot market. While Micron is a major memory manufacturer, it is not explicitly mentioned in the article. Therefore, it cannot be included. GE General Electric Company (GE Aviation) is listed as a major player in the silicon carbide market. Its inclusion suggests involvement in applications benefiting from SiC technology, such as aerospace, but the article does not provide specific sentiment. WOLF Wolfspeed (formerly Cree, Inc.) is identified as a major player in the silicon carbide market. The article discusses the expansion of wafer capacity and vertical integration, areas where Wolfspeed is actively involved, suggesting potential for growth. LFUS Littelfuse, Inc. is mentioned as a major player in the silicon carbide market. The article's positive outlook on the SiC market suggests potential growth for Littelfuse, but no specific sentiment is provided for the company. POWI Power Integrations, Inc. is listed as a major player in the silicon carbide market. The article's discussion of market expansion and adoption of SiC technologies suggests potential opportunities for Power Integrations. MPWR The article discusses the growth of silicon carbide (SiC) discrete devices and their applications in electric vehicles and power electronics. While Monolithic Power Systems is a player in power management, it is not explicitly mentioned in the article, so it cannot be included. STM STMicroelectronics N.V. is identified as a major player in the silicon carbide market. The article highlights the strong demand for SiC discrete devices, which STMicroelectronics produces, suggesting potential for growth. IFNNY Infineon Technologies AG is listed as a major player in the silicon carbide market. The article's positive outlook on SiC adoption in EVs and power electronics suggests potential benefits for Infineon, but no specific sentiment is directed at the company. MRVL The article discusses the growth of silicon carbide (SiC) and its applications in data centers. Marvell Technology is involved in data center solutions, but it is not explicitly mentioned in the article, so it cannot be included. NVDA The article mentions AI data centers as a growth area for silicon carbide. NVIDIA is a key player in AI and data centers, but it is not explicitly mentioned in the article, so it cannot be included. AMD The article mentions AI data centers as a growth area for silicon carbide. AMD is a key player in AI and data centers, but it is not explicitly mentioned in the article, so it cannot be included. INTC The article mentions AI data centers as a growth area for silicon carbide. Intel is a key player in AI and data centers, but it is not explicitly mentioned in the article, so it cannot be included. AMAT The article discusses the expansion of wafer capacity and vertical integration in the silicon carbide market. Applied Materials is a major supplier of semiconductor manufacturing equipment, which is relevant to this expansion, but it is not explicitly mentioned. KLAC The article discusses the expansion of wafer capacity and vertical integration in the silicon carbide market. KLA Corporation provides process control and yield management solutions for semiconductor manufacturing, which is relevant, but it is not explicitly mentioned. LRCX The article discusses the expansion of wafer capacity and vertical integration in the silicon carbide market. Lam Research is a key supplier of wafer fabrication equipment, relevant to this expansion, but it is not explicitly mentioned. TER The article mentions SiC discrete devices and their demand. Teradyne provides testing solutions for semiconductors, which would be relevant to SiC devices, but the company is not explicitly mentioned. ADI The article discusses the increasing integration of energy-efficient semiconductor materials. Analog Devices is a prominent semiconductor company, but it is not explicitly mentioned in the article. QCOM The article mentions the growth of electric vehicles and charging infrastructure, areas where Qualcomm has interests. However, Qualcomm is not explicitly mentioned in the article, so it cannot be included. TSLA The article highlights the accelerating shift toward electric vehicles and the increasing use of silicon carbide components in EVs. Tesla is a major EV manufacturer, but it is not explicitly mentioned in the article, so it cannot be included. RIVN The article discusses the accelerating shift toward electric vehicles and the increasing use of silicon carbide components in EVs. Rivian is an EV manufacturer, but it is not explicitly mentioned in the article, so it cannot be included. NIO The article discusses the accelerating shift toward electric vehicles and the increasing use of silicon carbide components in EVs. NIO is an EV manufacturer, but it is not explicitly mentioned in the article, so it cannot be included. LCID The article discusses the accelerating shift toward electric vehicles and the increasing use of silicon carbide components in EVs. Lucid Group is an EV manufacturer, but it is not explicitly mentioned in the article, so it cannot be included. F The article discusses the accelerating shift toward electric vehicles and the increasing use of silicon carbide components in EVs. Ford is an automotive manufacturer transitioning to EVs, but it is not explicitly mentioned in the article, so it cannot be included. GM The article discusses the accelerating shift toward electric vehicles and the increasing use of silicon carbide components in EVs. General Motors is an automotive manufacturer transitioning to EVs, but it is not explicitly mentioned in the article, so it cannot be included. STLA The article discusses the accelerating shift toward electric vehicles and the increasing use of silicon carbide components in EVs. Stellantis is an automotive manufacturer transitioning to EVs, but it is not explicitly mentioned in the article, so it cannot be included. CHPT The article mentions the large-scale deployment of fast-charging infrastructure as a growth driver for silicon carbide. ChargePoint is a major player in EV charging infrastructure, but it is not explicitly mentioned in the article, so it cannot be included. EVGO The article mentions the large-scale deployment of fast-charging infrastructure as a growth driver for silicon carbide. EVgo is a major player in EV charging infrastructure, but it is not explicitly mentioned in the article, so it cannot be included. BLNK The article mentions the large-scale deployment of fast-charging infrastructure as a growth driver for silicon carbide. Blink Charging is a player in EV charging infrastructure, but it is not explicitly mentioned in the article, so it cannot be included. ENPH The article mentions rising investments in solar energy projects as a driver for silicon carbide demand. Enphase Energy is a leading solar inverter company, but it is not explicitly mentioned in the article, so it cannot be included. SEDG The article mentions rising investments in solar energy projects as a driver for silicon carbide demand. SolarEdge is a leading solar inverter company, but it is not explicitly mentioned in the article, so it cannot be included. PLUG The article discusses the growth of energy-efficient semiconductor materials and electrification. Plug Power is involved in hydrogen fuel cells and renewable energy, but it is not explicitly mentioned in the article, so it cannot be included. FCEL The article discusses the growth of energy-efficient semiconductor materials and electrification. FuelCell Energy is involved in fuel cells and renewable energy, but it is not explicitly mentioned in the article, so it cannot be included. BE The article discusses the growth of energy-efficient semiconductor materials and electrification. Bloom Energy is involved in fuel cells and renewable energy, but it is not explicitly mentioned in the article, so it cannot be included. CRSR The article mentions industrial automation as an expanding use case for silicon carbide. Corsair Gaming is not directly involved in industrial automation, and it is not explicitly mentioned in the article, so it cannot be included. SMCI The article mentions AI data centers as a growth area for silicon carbide. Super Micro Computer is a provider of server solutions for data centers, but it is not explicitly mentioned in the article, so it cannot be included. ACGL The article discusses the silicon carbide market and its growth drivers. Arch Capital Group is an insurance company and is not mentioned in the article, so it cannot be included. MCHP The article discusses the growth of silicon carbide (SiC) discrete devices and their applications in various industries. Microchip Technology is a semiconductor manufacturer, but it is not explicitly mentioned in the article, so it cannot be included. AEHR The article discusses the growth of silicon carbide (SiC) discrete devices and their demand. Aehr Test Systems provides test solutions for semiconductors, which would be relevant to SiC devices, but the company is not explicitly mentioned. AXTI The article discusses the silicon carbide market and its growth drivers, including semiconductor materials. AXT, Inc. supplies compound semiconductor substrates, which is related, but it is not explicitly mentioned in the article, so it cannot be included. MRNA The article discusses the silicon carbide market and its growth drivers. Moderna is a biotechnology company and is not mentioned in the article, so it cannot be included. BNTX The article discusses the silicon carbide market and its growth drivers. BioNTech SE is a biotechnology company and is not mentioned in the article, so it cannot be included. PFE The article discusses the silicon carbide market and its growth drivers. Pfizer Inc. is a pharmaceutical company and is not mentioned in the article, so it cannot be included. JNJ The article discusses the silicon carbide market and its growth drivers. Johnson & Johnson is a healthcare company and is not mentioned in the article, so it cannot be included. GILD The article discusses the silicon carbide market and its growth drivers. Gilead Sciences is a biotechnology company and is not mentioned in the article, so it cannot be included. BMY The article discusses the silicon carbide market and its growth drivers. Bristol Myers Squibb is a pharmaceutical company and is not mentioned in the article, so it cannot be included. AMGN The article discusses the silicon carbide market and its growth drivers. Amgen Inc. is a biotechnology company and is not mentioned in the article, so it cannot be included. REGN The article discusses the silicon carbide market and its growth drivers. Regeneron Pharmaceuticals is a biotechnology company and is not mentioned in the article, so it cannot be included. BIIB The article discusses the silicon carbide market and its growth drivers. Biogen Inc. is a biotechnology company and is not mentioned in the article, so it cannot be included. VRTX The article discusses the silicon carbide market and its growth drivers. Vertex Pharmaceuticals is a biotechnology company and is not mentioned in the article, so it cannot be included. GPRO The article discusses the silicon carbide market and its growth drivers. GoPro is a consumer electronics company and is not mentioned in the article, so it cannot be included. GOOG The article mentions AI data centers as a growth area for silicon carbide. Alphabet Inc. (Google) is a major player in AI and data centers, but it is not explicitly mentioned in the article, so it cannot be included. MSFT The article mentions AI data centers as a growth area for silicon carbide. Microsoft is a major player in AI and data centers, but it is not explicitly mentioned in the article, so it cannot be included. AMZN The article mentions AI data centers as a growth area for silicon carbide. Amazon.com (AWS) is a major player in AI and data centers, but it is not explicitly mentioned in the article, so it cannot be included. IBM The article mentions AI data centers and industrial automation as growth areas for silicon carbide. IBM is involved in these sectors, but it is not explicitly mentioned in the article, so it cannot be included. TXN The article discusses the growth of silicon carbide (SiC) discrete devices and their applications in various industries. Texas Instruments is a major semiconductor company, but it is not explicitly mentioned in the article, so it cannot be included.

Silicon Carbide Companies Expand Wafer Capacity and Vertical Integration as SiC Discrete Devices Reach USD 2.5 Billion Dublin, Aug. 12, 2026 (GLOBE NEWSWIRE) -- The "Silicon Carbide Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2026-2035" has been added to ResearchAndMarkets.com's offering.

The global silicon carbide market was valued at USD 5.6 billion in 2025 and is estimated to grow at a CAGR of 34.8% to reach USD 109.7 billion by 2035.

This growth is driven by the accelerating shift toward electric vehicles, the large-scale deployment of fast-charging infrastructure, and the increasing integration of energy-efficient semiconductor materials in automotive and grid systems. Governments across major economies are actively supporting domestic semiconductor production, further strengthening supply-side capabilities. Rising investments in solar and wind energy projects, coupled with grid modernization programs, are also amplifying demand for silicon carbide-based power devices. The material's superior thermal conductivity, higher switching efficiency, and reduced energy losses compared with traditional silicon solutions are enabling its rapid adoption across high-voltage and high-frequency applications. Expanding use cases in aerospace systems, data centers, and industrial automation are further reinforcing long-term demand visibility. As industries transition toward electrification and decarbonization, silicon carbide is becoming a foundational technology in next-generation power electronics architectures.

Market momentum is strongly supported by the electric vehicle ecosystem, where silicon carbide components are increasingly deployed in traction inverters, onboard chargers, and charging infrastructure. The expansion of global EV charging networks is further strengthening adoption, as silicon carbide devices enable higher switching speeds, improved energy efficiency, and reduced power dissipation compared with conventional silicon-based alternatives. These performance benefits contribute directly to improved vehicle range and faster charging cycles. Ongoing transportation electrification initiatives, along with rising investments in smart grids, energy storage systems, and renewable energy integration, continue to expand the scope of applications. Industrial sectors are also adopting silicon carbide solutions to enhance operational efficiency in high-power environments, while semiconductor manufacturers are scaling production capacity to meet accelerating global demand.

The black silicon carbide segment held a 42.5% share in 2025, supported by strong demand across abrasives, metallurgy, refractories, and industrial power applications. Its dominance is attributed to its high hardness, strong wear resistance, excellent thermal conductivity, and cost efficiency, making it suitable for grinding, cutting, surface finishing, and high-temperature industrial operations. Its lower production cost compared with alternative grades further strengthens adoption across steel manufacturing, industrial processing, and heavy-duty applications.

The SiC discrete devices segment accounted for USD 2.5 billion in 2025, owing to strong demand for MOSFETs and Schottky diodes across electric vehicles, renewable energy systems, industrial motor drives, and advanced power supplies. These discrete solutions are widely preferred for their high efficiency, low switching losses, and superior performance under high-temperature conditions, making them essential for next-generation power electronics systems.

The North American silicon carbide market held a 29% share in 2025, driven by strong electric vehicle manufacturing capabilities, advanced semiconductor innovation ecosystems, and rising policy support for domestic chip production. The region continues to benefit from large-scale investments in clean energy infrastructure and electrified transportation systems, reinforcing long-term demand for silicon carbide technologies.

Major players operating in the global silicon carbide market include ROHM Co., Ltd., Infineon Technologies AG, Mitsubishi Electric Corporation, ON Semiconductor Corporation, STMicroelectronics N.V., Toshiba Corporation, Danfoss A/S, Fuji Electric Co., Ltd., Littelfuse, Inc., Power Integrations, Inc., Renesas Electronics Corporation, NXP Semiconductors N.V., GeneSiC Semiconductor Inc., Wolfspeed (formerly Cree, Inc.), II-VI Incorporated, Hitachi Power Semiconductor Device, Ltd., United Silicon Carbide, Inc. (USCi), Global Power Technologies Group, Central Semiconductor Corp., Taiyo Yuden Co., Ltd., General Electric Company (GE Aviation), and Microsemi Corporation. Companies operating in the silicon carbide market are focusing on the vertical integration of wafer production and device manufacturing to improve supply chain control and reduce cost pressures. Many players are expanding fabrication capacity and investing in advanced SiC wafer technologies to meet rising automotive and industrial demand. Strategic partnerships with electric vehicle manufacturers and renewable energy companies are strengthening long-term supply agreements.

Comprehensive Market Analysis and Forecast

. Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape

. Competitive landscape with Porter's Five Forces and PESTEL analysis

. Market size, segmentation, and regional forecasts

. In-depth company profiles, business strategies, financial insights, and SWOT analysis

Key Attributes:

Key Topics Covered:

Chapter 1 Methodology and Scope

1.1 Market scope and definition

1.2 Research design

1.2.1 Research approach

1.2.2 Data collection methods

1.3 Data mining sources

1.3.1 Global

1.3.2 Regional/Country

1.4 Base estimates and calculations

1.4.1 Base year calculation

1.4.2 Key trends for market estimation

1.5 Primary research and validation

1.5.1 Primary sources

1.6 Forecast model

1.7 Research assumptions and limitations

Chapter 2 Executive Summary

2.1 Industry 360 synopsis, 2022-2035

2.2 Key market trends

2.2.1 Product type trends

2.2.2 Device type trends

2.2.3 Wafer size trends

2.2.4 Application trend

2.2.5 Production method trend

2.2.6 End-use industry trends

2.2.7 Regional trends

2.3 TAM Analysis, 2026-2035

2.4 CXO perspectives: Strategic imperatives

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis

3.1.1 Supplier Landscape

3.1.2 Profit Margin

3.1.3 Cost structure

3.1.4 Value addition at each stage

3.1.5 Factor affecting the value chain

3.1.6 Disruptions

3.2 Industry impact forces

3.2.1 Growth drivers

3.2.1.1 Rising adoption of electric vehicles (EVs)

3.2.1.2 Expansion of renewable energy infrastructure

3.2.1.3 Growing fast-charging network deployment

3.2.1.4 Government support for semiconductor manufacturing

3.2.1.5 Increasing demand for energy-efficient industrial power systems

3.2.2 Industry pitfalls and challenges

3.2.2.1 High manufacturing and wafer production costs

3.2.2.2 Supply chain constraints and limited substrate availability

3.2.3 Market opportunities

3.2.3.1 Expansion of 800V electric vehicle architectures

3.2.3.2 Increasing deployment in AI data centers and industrial electrification

3.3 Growth potential analysis

3.4 Regulatory landscape

3.4.1 North America

3.4.2 Europe

3.4.3 Asia-Pacific

3.4.4 Latin America

3.4.5 Middle East & Africa

3.5 Porter's analysis

3.6 PESTEL analysis

3.7 Technology and Innovation landscape

3.7.1 Current technological trends

3.7.2 Emerging technologies

3.8 Price trends

3.8.1 by region

3.8.2 by product

3.9 Pricing Strategies

3.10 Emerging Business Models

3.11 Compliance Requirements

3.12 Patent and IP analysis

Chapter 4 Competitive Landscape, 2025

4.1 Introduction

4.2 Company market share analysis

4.2.1 by region

4.2.1.1 North America

4.2.1.2 Europe

4.2.1.3 Asia-Pacific

4.2.1.4 Latin America

4.2.1.5 Middle East & Africa

4.2.2 Market concentration analysis

4.3 Competitive benchmarking of key players

4.3.1 Financial performance comparison

4.3.1.1 Revenue

4.3.1.2 Profit margin

4.3.1.3 R&D

4.3.2 Product portfolio comparison

4.3.2.1 Product range breadth

4.3.2.2 Technology

4.3.2.3 Innovation

4.3.3 Geographic presence comparison

4.3.3.1 Global footprint analysis

4.3.3.2 Service network coverage

4.3.3.3 Market penetration by region

4.3.4 Competitive positioning matrix

4.3.4.1 Leaders

4.3.4.2 Challengers

4.3.4.3 Followers

4.3.4.4 Niche players

4.3.5 Strategic outlook matrix

4.4 Key developments

4.4.1 Mergers and acquisitions

4.4.2 Partnerships and collaborations

4.4.3 Technological advancements

4.4.4 Expansion and investment strategies

4.4.5 Digital transformation initiatives

4.5 Emerging/ startup competitors landscape

Chapter 5 Market Estimates and Forecast, by Product Type, 2022-2035 (USD Million)

5.1 Key trends

5.2 Black silicon carbide

5.3 Green silicon carbide

5.4 Others

Chapter 6 Market Estimates and Forecast, by Device Type, 2022-2035 (USD Million)

6.1 Key trends

6.2 SiC Discrete Devices

6.2.1 Diodes

6.2.2 MOSFETs

6.2.3 BJTs (Bipolar Junction Transistors)

6.2.4 JFETs (Junction Field Effect Transistors)

6.2.5 Thyristors

6.3 SiC modules

6.4 Other SiC devices

Chapter 7 Market Estimates and Forecast, by Wafer size, 2022-2035 (USD Million)

7.1 Key trends

7.2 2-Inch

7.3 4-Inch

7.4 6-Inch

7.5 8-Inch

Chapter 8 Market Estimates and Forecast, by Application, 2022-2035 (USD Million)

8.1 Key trends

8.2 Power electronics

8.2.1 Power supply and inverter

8.2.2 Wireless charging

8.2.3 Power grid devices

8.2.4 Industrial motor drives

8.2.5 Electric vehicle charging infrastructure

8.2.6 Renewable energy systems

8.3 RF & microwave communications

8.3.1 5G base station power amplifiers

8.3.2 Radar & defense RF systems

8.4 Optical Devices

8.4.1 Led lighting

8.4.2 Photonics

8.4.3 Laser applications

8.4.4 UV detectors

8.5 Sensing

8.5.1 Pressure sensors

8.5.2 Temperature sensors

8.5.3 Gas sensors

8.5.4 Radiation detectors

8.6 Others

Chapter 9 Market Estimates and Forecast, by Production Method, 2022-2035 (USD Million)

9.1 Key trends

9.2 Bulk SiC material production

9.3 SiC crystal & substrate production

9.4 SiC epitaxial layer production

9.5 Others

Chapter 10 Market Estimates and Forecast, by End Use Industry, 2022-2035 (USD Million)

10.1 Key trends

10.2 Automotive

10.3 Aerospace & defense

10.4 Telecommunications

10.5 Renewable energy & power grid

10.6 Healthcare

10.7 Electronics & semiconductors

10.8 Industrial manufacturing

10.9 Oil & gas

10.10 Mining

10.11 Chemical processing

10.12 Government & defense research & development

Chapter 11 Market Estimates and Forecast, by Region, 2022-2035 (USD Million)

11.1 Key trends

11.2 North America

11.2.1 U.S.

11.2.2 Canada

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Spain

11.3.5 Italy

11.4 Asia-Pacific

11.4.1 China

11.4.2 India

11.4.3 Japan

11.4.4 Australia

11.4.5 South Korea

11.5 Latin America

11.5.1 Brazil

11.5.2 Mexico

11.6 Middle East and Africa

11.6.1 South Africa

11.6.2 Saudi Arabia

11.6.3 UAE

Chapter 12 Company Profiles

12.1 Global Key Players

12.1.1 Cree, Inc.

12.1.2 Infineon Technologies

12.1.3 STMicroelectronics

12.1.4 ON Semiconductor Corporation

12.2 Regional key players

12.2.1 North America

12.2.1.1 Central Semiconductor Corp.

12.2.1.2 General Electric Company

12.2.1.3 II-VI Incorporated

12.2.1.4 Littelfuse, Inc.

12.2.1.5 Microsemi Corporation

12.2.1.6 Power Integrations, Inc.

12.2.2 Asia-Pacific

12.2.2.1 Fuji Electric Co., Ltd.

12.2.2.2 Hitachi Power Semiconductor

12.2.2.3 Mitsubishi Electric Corporation

12.2.2.4 Renesas Electronics Corporation

12.2.2.5 ROHM Co., Ltd.

12.2.2.6 Taiyo Yuden Co., Ltd.

12.2.2.7 Toshiba Corporation

12.2.3 Europe

12.2.3.1 Danfoss A/S

12.2.3.2 NXP Semiconductors

12.3 Niche Players/Disruptors

12.3.1 GeneSiC Semiconductor Inc.

12.3.2 Global Power Technologies Group

12.3.3 United Silicon Carbide, Inc. (USCi)

For more information about this report visit https://www.researchandmarkets.com/r/rsj7cl

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