Silicon carbide is also known as carborundum. It is a semiconductor produced synthetically produced as a crystalline compound of silicon and carbon. Earlier, silicon carbide is used as an important material for sandpapers, grinding wheels and cutting tools. Recently, silicon carbide has found application in refractory linings and heating elements for industrial furnaces. It is used in electronic devices that operate at high temperatures or high voltages.MARKET DYNAMICS
The silicon carbide market is growing at a substantial rate owing to factors such as Reduced size of semiconductors and their increasing incorporation in a wide range of applications. Moreover, technological development coupled with rising demand for motor drives and compact system size further propel the growth of the silicon carbide market. However, higher prices of silicon carbide due to low manufacturing volume and low manufacturing yield may restrict the growth of the market over the forecast period. MARKET SCOPE
The "Global Silicon Carbide Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the silicon carbide market with detailed market segmentation by product, end-user industry and geography. The global silicon carbide market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading silicon carbide market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
The global silicon carbide market is segmented on the basis of product and end-user industry. On the basis of product, the silicon carbide market is segmented into black silicon carbide, green silicon carbide and others. The silicon carbide market on the basis of the end-user industry is classified into steel & energy, automotive, aerospace & aviation, military & defense, electronics & semiconductors, medical & healthcare and others.REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global silicon carbide market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The silicon carbide market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the silicon carbide market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the silicon carbide market in these regions.
The reports cover key developments in the silicon carbide market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from silicon carbide market are anticipated to lucrative growth opportunities in the future with the rising demand for Silicon carbide in the global market. Below mentioned is the list of few companies engaged in the Silicon carbide market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the silicon carbide market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
- AGSCO Corp
- Carborundum Universal Ltd,
- Entegris, Inc
- ESD SIC bv
- General Electric Company
- GeneSiC Semiconductor Inc.
- Infineon Technologies AG
- Renesas Electronics Corporation
- Rohm Semiconductor
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