SiC-On-Insulator and Other Substrates Market by Substrate Type (Semi-insulating SiC Substrates, Conductive SiC Substrates), Wafer Size (100mm, 150mm and 200mm), Application (Power Devices, RF Devices) and Region - Global Forecast to 2029
The SiC-on-insulator and other substrates market is projected to reach USD 149 million by 2029 from USD 99 million in 2024, at a CAGR of 8.5% from 2024 to 2029. The major factors driving the market growth of the SiC-on-insulator and other substrates include the increasing deployment of SiC substrates in 5G technology and the accelerating adoption of SiC substrates in electric vehicles. Moreover, the growing implementation of SiC-on-insulator substrates in biomedical devices is expected to provide several growth opportunities for market players in the SiC-on-insulator and other substrates market.
Power devices are expected to account for the largest market share in the SiC-on-insulator and other substrates market during the forecast period.
The superior thermal conductivity of SiC, is more than three times better than Si, which allows the use of a small die for the same temperature rise. Therefore, the growing implementation of SiC-on-Insulator substrates in power devices is attributed to gaining higher power density, tolerance for harsh environments, reduced power losses, enhanced efficiency, and superior thermal conductivity. As a result, SiC-on-insulator is highly preferred for power device applications due to which power devices are expected to account for the largest market share in the SiC-on-insulator and other substrates.
Conductive SiC substrates are expected to account for the largest market size in the SiC-on-insulator and other substrates market during the forecast period.
In comparison to traditional silicon devices, power devices based on conductive SiC substrates offer several advantages such as faster switching speeds, higher voltages, lower parasitic resistances, compact sizes, and reduced cooling requirements. The capability of these devices to withstand high temperatures positions them as robust solutions for applications where traditional silicon counterparts may face limitations. Therefore, conductive SiC substrates are expected to account for the largest market size in the SiC-on-insulator and other substrates market.
Asia Pacific is expected to account for the highest CAGR during the forecast period.
The growing number of developments related to SiC-on-insulator and other substrates, surging demand for electric vehicles, the growing number of initiatives and schemes, the presence of key players and the availability of cost-efficiency resources fuel the market growth of SiC-on-insulator and other substrates. Therefore, the market growth of SiC-on-insulator and other substrates in Asia Pacific is expected to account for the highest CAGR during the forecast period.
The break-up of profile of primary participants in the SiC-on-insulator and other substrates market-
Research Coverage
The report segments the SiC-on-insulator and other substrates market and forecasts its size based on substrate type, application, and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall SiC-on-insulator and other substrates market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
Power devices are expected to account for the largest market share in the SiC-on-insulator and other substrates market during the forecast period.
The superior thermal conductivity of SiC, is more than three times better than Si, which allows the use of a small die for the same temperature rise. Therefore, the growing implementation of SiC-on-Insulator substrates in power devices is attributed to gaining higher power density, tolerance for harsh environments, reduced power losses, enhanced efficiency, and superior thermal conductivity. As a result, SiC-on-insulator is highly preferred for power device applications due to which power devices are expected to account for the largest market share in the SiC-on-insulator and other substrates.
Conductive SiC substrates are expected to account for the largest market size in the SiC-on-insulator and other substrates market during the forecast period.
In comparison to traditional silicon devices, power devices based on conductive SiC substrates offer several advantages such as faster switching speeds, higher voltages, lower parasitic resistances, compact sizes, and reduced cooling requirements. The capability of these devices to withstand high temperatures positions them as robust solutions for applications where traditional silicon counterparts may face limitations. Therefore, conductive SiC substrates are expected to account for the largest market size in the SiC-on-insulator and other substrates market.
Asia Pacific is expected to account for the highest CAGR during the forecast period.
The growing number of developments related to SiC-on-insulator and other substrates, surging demand for electric vehicles, the growing number of initiatives and schemes, the presence of key players and the availability of cost-efficiency resources fuel the market growth of SiC-on-insulator and other substrates. Therefore, the market growth of SiC-on-insulator and other substrates in Asia Pacific is expected to account for the highest CAGR during the forecast period.
The break-up of profile of primary participants in the SiC-on-insulator and other substrates market-
- By Company Type: Tier 1 – 30%, Tier 2 – 50%, Tier 3 – 20%
- By Designation Type: C Level – 25%, Director Level – 35%, Others – 40%
- By Region Type: North America – 30%, Europe – 25%, Asia Pacific – 35%, Rest of the World (RoW) – 10%
Research Coverage
The report segments the SiC-on-insulator and other substrates market and forecasts its size based on substrate type, application, and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall SiC-on-insulator and other substrates market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (Increasing deployment of SiC substrates in 5G technology and accelerating adoption of SiC substrates in electric vehicles), restraints (High costs of SiC substrates), opportunities (Growing implementation of SiC-on-insulator substrates in biomedical devices and growing attention towards SiC-on-insulator substrates in photonics industry), and challenges (Process complexities related to SiC-on-insulator and other substrates) influencing the growth of the SiC-on-insulator and other substrates market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the SiC-on-insulator and other substrates market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the SiC-on-insulator and other substrates market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the SiC-on-insulator and other substrates market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like Wolfspeed, Inc. (US), SICC Co., Ltd. (China), SOITEC (France), Coherent Corp. (US), GlobalWafers Co. Ltd. (Taiwan).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 INCLUSIONS AND EXCLUSIONS
1.3.3.1 By company
1.3.3.2 By substrate type
1.3.3.3 By application
1.3.3.4 By region
1.3.4 YEARS CONSIDERED
1.3.5 CURRENCY CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
1.6 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY RESEARCH
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY RESEARCH
2.1.2.1 Primary interviews with experts
2.1.2.2 List of primary interview participants
2.1.2.3 Breakdown of primaries
2.1.2.4 Key data from primary sources
2.1.2.5 Key industry insights
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis (demand side)
FIGURE 3 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using top-down analysis (supply side)
FIGURE 4 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: TOP-DOWN APPROACH
2.3 FACTOR ANALYSIS
2.3.1 SUPPLY-SIDE ANALYSIS
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 1)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 2)
2.3.2 GROWTH FORECAST ASSUMPTIONS
TABLE 1 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET GROWTH ASSUMPTIONS
2.4 RECESSION IMPACT
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
TABLE 2 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: RESEARCH ASSUMPTIONS
2.7 RISK ASSESSMENT
TABLE 3 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 8 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET SIZE, 2020–2029
FIGURE 9 CONDUCTIVE SIC SUBSTRATES TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
FIGURE 10 POWER DEVICES APPLICATION TO DOMINATE SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET DURING FORECAST PERIOD
FIGURE 11 ASIA PACIFIC HELD LARGEST SHARE OF SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET IN 2023
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET
FIGURE 12 BURGEONING DEMAND FOR ELECTRIC VEHICLES TO FOSTER SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET GROWTH
4.2 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY APPLICATION
FIGURE 13 POWER DEVICES APPLICATION TO ACCOUNT FOR LARGEST SHARE OF SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET IN 2029
4.3 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY SUBSTRATE TYPE
FIGURE 14 CONDUCTIVE SIC SUBSTRATES TO HOLD LARGER MARKET SHARE IN 2029
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Mounting demand for power and thermal management devices
5.2.1.2 Increasing use of SiC substrates to boost performance efficiency of telecom devices
5.2.1.3 Rising preference for sustainable mobility solutions
FIGURE 16 SALES OF ELECTRIC VEHICLES IN US, 2019–2021
FIGURE 17 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: DRIVERS AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 High production costs
FIGURE 18 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: RESTRAINTS AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Demand for SiC substrates in photonics industry
5.2.3.2 Increasing R&D of SiC-on-insulator substrates for biomedical devices
FIGURE 19 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: OPPORTUNITIES AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Complex fabrication process and inadequate thermal conductivity
FIGURE 20 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: CHALLENGES AND THEIR IMPACT
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 21 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: SUPPLY CHAIN ANALYSIS
5.4 ECOSYSTEM/MARKET MAP
FIGURE 22 SIC-ON-INSULATOR AND OTHER SUBSTRATES ECOSYSTEM
TABLE 4 COMPANIES AND THEIR ROLES IN SIC-ON-INSULATOR AND OTHER SUBSTRATES ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.6 TECHNOLOGY ANALYSIS
5.6.1 ADVANCED SIC-ON-INSULATOR AND SIC-BASED PLATFORMS
5.6.2 AMORPHOUS SIC SUBSTRATES
5.7 PATENT ANALYSIS
TABLE 5 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: PATENTS FILED BETWEEN JANUARY AND DECEMBER, 2023
FIGURE 23 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: NUMBER OF PATENTS GRANTED, 2013–2023
FIGURE 24 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2013–2023
TABLE 6 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: TOP 20 PATENT OWNERS, 2013–2023
TABLE 7 KEY PATENTS RELATED TO SIC-ON-INSULATOR AND OTHER SUBSTRATES
5.8 PORTER’S FIVE FORCES ANALYSIS
FIGURE 25 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 26 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: IMPACT OF PORTER’S FIVE FORCES
TABLE 8 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWER OF SUPPLIERS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 STANDARDS AND REGULATORY LANDSCAPE
5.9.1 STANDARDS
5.9.2 REGULATIONS
5.9.2.1 Asia Pacific
5.9.2.2 North America
5.9.2.3 Europe
5.10 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 9 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
6 SIC-ON-INSULATOR AND OTHER SUBSTRATE MATERIALS
6.1 INTRODUCTION
6.2 SI
6.3 SIO2
6.4 OTHER MATERIALS
7 SIC-ON-INSULATOR AND OTHER SUBSTRATE WAFER SIZES
7.1 INTRODUCTION
7.2 100 MM
7.3 150 MM
7.4 200 MM
8 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY SUBSTRATE TYPE
8.1 INTRODUCTION
TABLE 10 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY SUBSTRATE TYPE, 2020–2023 (USD MILLION)
TABLE 11 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY SUBSTRATE TYPE, 2024–2029 (USD MILLION)
FIGURE 27 CONDUCTIVE SIC SUBSTRATES TO ACCOUNT FOR LARGER MARKET SHARE IN 2029
8.2 SEMI-INSULATING SIC SUBSTRATES
8.2.1 GROWING ADOPTION OF HIGH-PURITY SEMI-INSULATING SIC SUBSTRATES IN RF DEVICES TO DRIVE MARKET
8.3 CONDUCTIVE SIC SUBSTRATES
8.3.1 INCREASING DEVELOPMENT OF SIC POWER ELECTRONICS TO FUEL SEGMENTAL GROWTH
9 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY APPLICATION
9.1 INTRODUCTION
TABLE 12 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 13 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
FIGURE 28 POWER DEVICES APPLICATION TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
9.2 POWER DEVICES
9.2.1 USE OF CONDUCTIVE SIC-ON-INSULATOR SUBSTRATES IN ELECTRONIC DEVICES TO FOSTER SEGMENTAL GROWTH
9.3 RF DEVICES
9.3.1 WIDE BANDGAP AND LOW LEAKAGE CURRENT TO AUGMENT DEMAND
9.4 OTHER APPLICATIONS
10 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY REGION
10.1 INTRODUCTION
TABLE 14 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 15 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY REGION, 2024–2029 (USD MILLION)
FIGURE 29 ASIA PACIFIC TO DOMINATE SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET DURING FORECAST PERIOD
10.2 NORTH AMERICA
10.2.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA
10.2.2 US
10.2.3 CANADA
10.2.4 MEXICO
10.3 EUROPE
10.3.1 RECESSION IMPACT ON MARKET IN EUROPE
10.3.2 GERMANY
10.3.3 UK
10.3.4 FRANCE
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
10.4.2 CHINA
10.4.3 JAPAN
10.4.4 INDIA
10.4.5 SOUTH KOREA
10.4.6 REST OF ASIA PACIFIC
10.5 ROW
10.5.1 RECESSION IMPACT ON MARKET IN ROW
10.5.2 MIDDLE EAST & AFRICA
10.5.2.1 GCC
10.5.2.2 Rest of Middle East & Africa
10.5.3 SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023
TABLE 16 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023
FIGURE 30 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: ORGANIC AND INORGANIC STRATEGIES ADOPTED BY PLAYERS, 2019–2023
11.2.1 ORGANIC/INORGANIC GROWTH STRATEGIES
11.2.1.1 Product portfolio expansion
11.2.1.2 Geographic footprint expansion
11.2.1.3 Manufacturing footprint expansion
11.3 MARKET SHARE ANALYSIS, 2023
TABLE 17 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: DEGREE OF COMPETITION
11.4 COMPANY EVALUATION MATRIX, 2023
11.4.1 STARS
11.4.2 EMERGING LEADERS
11.4.3 PERVASIVE PLAYERS
11.4.4 PARTICIPANTS
FIGURE 31 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: COMPANY EVALUATION MATRIX, 2023
11.4.5 COMPANY FOOTPRINT
TABLE 18 COMPANY OVERALL FOOTPRINT (12 KEY COMPANIES)
TABLE 19 COMPANY SUBSTRATE TYPE FOOTPRINT (12 KEY COMPANIES)
TABLE 20 COMPANY APPLICATION FOOTPRINT (12 KEY COMPANIES)
TABLE 21 COMPANY REGION FOOTPRINT (12 KEY COMPANIES)
11.5 COMPETITIVE SCENARIOS AND TRENDS
11.5.1 PRODUCT LAUNCHES
TABLE 22 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: PRODUCT LAUNCHES, 2019–2023
11.5.2 DEALS
TABLE 23 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: DEALS, 2020–2023
11.5.3 OTHERS
TABLE 24 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: OTHERS, 2021–2023
12 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
12.1 INTRODUCTION
12.2 KEY PLAYERS
12.2.1 WOLFSPEED, INC.
TABLE 25 WOLFSPEED, INC.: COMPANY OVERVIEW
FIGURE 32 WOLFSPEED, INC.: COMPANY SNAPSHOT
TABLE 26 WOLFSPEED, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 27 WOLFSPEED, INC.: DEALS
TABLE 28 WOLFSPEED, INC.: OTHERS
12.2.2 SICC CO., LTD.
TABLE 29 SICC CO., LTD.: COMPANY OVERVIEW
TABLE 30 SICC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 31 SICC CO., LTD.: DEALS
TABLE 32 SICC CO., LTD.: OTHERS
12.2.3 SOITEC
TABLE 33 SOITEC: COMPANY OVERVIEW
FIGURE 33 SOITEC: COMPANY SNAPSHOT
TABLE 34 SOITEC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 35 SOITEC: PRODUCT LAUNCHES
TABLE 36 SOITEC: DEALS
TABLE 37 SOITEC: OTHERS
12.2.4 COHERENT CORP.
TABLE 38 COHERENT CORP.: COMPANY OVERVIEW
FIGURE 34 COHERENT CORP.: COMPANY SNAPSHOT
TABLE 39 COHERENT CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 40 COHERENT CORP.: PRODUCT LAUNCHES
TABLE 41 COHERENT CORP.: DEALS
TABLE 42 COHERENT CORP.: OTHERS
12.2.5 GLOBALWAFERS
TABLE 43 GLOBALWAFERS: COMPANY OVERVIEW
FIGURE 35 GLOBALWAFERS: COMPANY SNAPSHOT
TABLE 44 GLOBALWAFERS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 45 GLOBALWAFERS: DEALS
12.2.6 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.
TABLE 46 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: COMPANY OVERVIEW
TABLE 47 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 48 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: PRODUCT LAUNCHES
12.2.7 CERAMICFORUM CO., LTD.
TABLE 49 CERAMICFORUM CO., LTD.: COMPANY OVERVIEW
TABLE 50 CERAMICFORUM CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2.8 HOMRAY MATERIAL TECHNOLOGY
TABLE 51 HOMRAY MATERIAL TECHNOLOGY: COMPANY OVERVIEW
TABLE 52 HOMRAY MATERIAL TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 53 HOMRAY MATERIAL TECHNOLOGY: PRODUCT LAUNCHES
12.2.9 SHANGHAI ZHONGYINGRONG INNOVATIVE MATERIAL TECHNOLOGY CO., LTD
TABLE 54 SHANGHAI ZHONGYINGRONG INNOVATIVE MATERIAL TECHNOLOGY CO., LTD: COMPANY OVERVIEW
TABLE 55 SHANGHAI ZHONGYINGRONG INNOVATIVE MATERIAL TECHNOLOGY CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2.10 PRECISION MICRO-OPTICS INC.
TABLE 56 PRECISION MICRO-OPTICS INC.: COMPANY OVERVIEW
TABLE 57 PRECISION MICRO-OPTICS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2.11 SICRYSTAL GMBH
TABLE 58 SICRYSTAL GMBH: COMPANY OVERVIEW
TABLE 59 SICRYSTAL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 60 SICRYSTAL GMBH: DEALS
12.2.12 SYNLIGHT
TABLE 61 SYNLIGHT: COMPANY OVERVIEW
TABLE 62 SYNLIGHT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2.13 TANKEBLUE CO,. LTD.
TABLE 63 TANKEBLUE CO,. LTD.: COMPANY OVERVIEW
TABLE 64 TANKEBLUE CO,. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 65 TANKEBLUE CO,. LTD.: DEALS
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 INCLUSIONS AND EXCLUSIONS
1.3.3.1 By company
1.3.3.2 By substrate type
1.3.3.3 By application
1.3.3.4 By region
1.3.4 YEARS CONSIDERED
1.3.5 CURRENCY CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
1.6 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY RESEARCH
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY RESEARCH
2.1.2.1 Primary interviews with experts
2.1.2.2 List of primary interview participants
2.1.2.3 Breakdown of primaries
2.1.2.4 Key data from primary sources
2.1.2.5 Key industry insights
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis (demand side)
FIGURE 3 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using top-down analysis (supply side)
FIGURE 4 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: TOP-DOWN APPROACH
2.3 FACTOR ANALYSIS
2.3.1 SUPPLY-SIDE ANALYSIS
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 1)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 2)
2.3.2 GROWTH FORECAST ASSUMPTIONS
TABLE 1 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET GROWTH ASSUMPTIONS
2.4 RECESSION IMPACT
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
TABLE 2 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: RESEARCH ASSUMPTIONS
2.7 RISK ASSESSMENT
TABLE 3 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 8 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET SIZE, 2020–2029
FIGURE 9 CONDUCTIVE SIC SUBSTRATES TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
FIGURE 10 POWER DEVICES APPLICATION TO DOMINATE SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET DURING FORECAST PERIOD
FIGURE 11 ASIA PACIFIC HELD LARGEST SHARE OF SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET IN 2023
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET
FIGURE 12 BURGEONING DEMAND FOR ELECTRIC VEHICLES TO FOSTER SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET GROWTH
4.2 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY APPLICATION
FIGURE 13 POWER DEVICES APPLICATION TO ACCOUNT FOR LARGEST SHARE OF SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET IN 2029
4.3 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY SUBSTRATE TYPE
FIGURE 14 CONDUCTIVE SIC SUBSTRATES TO HOLD LARGER MARKET SHARE IN 2029
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Mounting demand for power and thermal management devices
5.2.1.2 Increasing use of SiC substrates to boost performance efficiency of telecom devices
5.2.1.3 Rising preference for sustainable mobility solutions
FIGURE 16 SALES OF ELECTRIC VEHICLES IN US, 2019–2021
FIGURE 17 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: DRIVERS AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 High production costs
FIGURE 18 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: RESTRAINTS AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Demand for SiC substrates in photonics industry
5.2.3.2 Increasing R&D of SiC-on-insulator substrates for biomedical devices
FIGURE 19 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: OPPORTUNITIES AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Complex fabrication process and inadequate thermal conductivity
FIGURE 20 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: CHALLENGES AND THEIR IMPACT
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 21 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: SUPPLY CHAIN ANALYSIS
5.4 ECOSYSTEM/MARKET MAP
FIGURE 22 SIC-ON-INSULATOR AND OTHER SUBSTRATES ECOSYSTEM
TABLE 4 COMPANIES AND THEIR ROLES IN SIC-ON-INSULATOR AND OTHER SUBSTRATES ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.6 TECHNOLOGY ANALYSIS
5.6.1 ADVANCED SIC-ON-INSULATOR AND SIC-BASED PLATFORMS
5.6.2 AMORPHOUS SIC SUBSTRATES
5.7 PATENT ANALYSIS
TABLE 5 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: PATENTS FILED BETWEEN JANUARY AND DECEMBER, 2023
FIGURE 23 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: NUMBER OF PATENTS GRANTED, 2013–2023
FIGURE 24 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2013–2023
TABLE 6 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: TOP 20 PATENT OWNERS, 2013–2023
TABLE 7 KEY PATENTS RELATED TO SIC-ON-INSULATOR AND OTHER SUBSTRATES
5.8 PORTER’S FIVE FORCES ANALYSIS
FIGURE 25 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 26 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: IMPACT OF PORTER’S FIVE FORCES
TABLE 8 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWER OF SUPPLIERS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 STANDARDS AND REGULATORY LANDSCAPE
5.9.1 STANDARDS
5.9.2 REGULATIONS
5.9.2.1 Asia Pacific
5.9.2.2 North America
5.9.2.3 Europe
5.10 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 9 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
6 SIC-ON-INSULATOR AND OTHER SUBSTRATE MATERIALS
6.1 INTRODUCTION
6.2 SI
6.3 SIO2
6.4 OTHER MATERIALS
7 SIC-ON-INSULATOR AND OTHER SUBSTRATE WAFER SIZES
7.1 INTRODUCTION
7.2 100 MM
7.3 150 MM
7.4 200 MM
8 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY SUBSTRATE TYPE
8.1 INTRODUCTION
TABLE 10 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY SUBSTRATE TYPE, 2020–2023 (USD MILLION)
TABLE 11 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY SUBSTRATE TYPE, 2024–2029 (USD MILLION)
FIGURE 27 CONDUCTIVE SIC SUBSTRATES TO ACCOUNT FOR LARGER MARKET SHARE IN 2029
8.2 SEMI-INSULATING SIC SUBSTRATES
8.2.1 GROWING ADOPTION OF HIGH-PURITY SEMI-INSULATING SIC SUBSTRATES IN RF DEVICES TO DRIVE MARKET
8.3 CONDUCTIVE SIC SUBSTRATES
8.3.1 INCREASING DEVELOPMENT OF SIC POWER ELECTRONICS TO FUEL SEGMENTAL GROWTH
9 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY APPLICATION
9.1 INTRODUCTION
TABLE 12 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 13 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
FIGURE 28 POWER DEVICES APPLICATION TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
9.2 POWER DEVICES
9.2.1 USE OF CONDUCTIVE SIC-ON-INSULATOR SUBSTRATES IN ELECTRONIC DEVICES TO FOSTER SEGMENTAL GROWTH
9.3 RF DEVICES
9.3.1 WIDE BANDGAP AND LOW LEAKAGE CURRENT TO AUGMENT DEMAND
9.4 OTHER APPLICATIONS
10 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY REGION
10.1 INTRODUCTION
TABLE 14 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 15 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET, BY REGION, 2024–2029 (USD MILLION)
FIGURE 29 ASIA PACIFIC TO DOMINATE SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET DURING FORECAST PERIOD
10.2 NORTH AMERICA
10.2.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA
10.2.2 US
10.2.3 CANADA
10.2.4 MEXICO
10.3 EUROPE
10.3.1 RECESSION IMPACT ON MARKET IN EUROPE
10.3.2 GERMANY
10.3.3 UK
10.3.4 FRANCE
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
10.4.2 CHINA
10.4.3 JAPAN
10.4.4 INDIA
10.4.5 SOUTH KOREA
10.4.6 REST OF ASIA PACIFIC
10.5 ROW
10.5.1 RECESSION IMPACT ON MARKET IN ROW
10.5.2 MIDDLE EAST & AFRICA
10.5.2.1 GCC
10.5.2.2 Rest of Middle East & Africa
10.5.3 SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023
TABLE 16 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023
FIGURE 30 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: ORGANIC AND INORGANIC STRATEGIES ADOPTED BY PLAYERS, 2019–2023
11.2.1 ORGANIC/INORGANIC GROWTH STRATEGIES
11.2.1.1 Product portfolio expansion
11.2.1.2 Geographic footprint expansion
11.2.1.3 Manufacturing footprint expansion
11.3 MARKET SHARE ANALYSIS, 2023
TABLE 17 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: DEGREE OF COMPETITION
11.4 COMPANY EVALUATION MATRIX, 2023
11.4.1 STARS
11.4.2 EMERGING LEADERS
11.4.3 PERVASIVE PLAYERS
11.4.4 PARTICIPANTS
FIGURE 31 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: COMPANY EVALUATION MATRIX, 2023
11.4.5 COMPANY FOOTPRINT
TABLE 18 COMPANY OVERALL FOOTPRINT (12 KEY COMPANIES)
TABLE 19 COMPANY SUBSTRATE TYPE FOOTPRINT (12 KEY COMPANIES)
TABLE 20 COMPANY APPLICATION FOOTPRINT (12 KEY COMPANIES)
TABLE 21 COMPANY REGION FOOTPRINT (12 KEY COMPANIES)
11.5 COMPETITIVE SCENARIOS AND TRENDS
11.5.1 PRODUCT LAUNCHES
TABLE 22 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: PRODUCT LAUNCHES, 2019–2023
11.5.2 DEALS
TABLE 23 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: DEALS, 2020–2023
11.5.3 OTHERS
TABLE 24 SIC-ON-INSULATOR AND OTHER SUBSTRATES MARKET: OTHERS, 2021–2023
12 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
12.1 INTRODUCTION
12.2 KEY PLAYERS
12.2.1 WOLFSPEED, INC.
TABLE 25 WOLFSPEED, INC.: COMPANY OVERVIEW
FIGURE 32 WOLFSPEED, INC.: COMPANY SNAPSHOT
TABLE 26 WOLFSPEED, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 27 WOLFSPEED, INC.: DEALS
TABLE 28 WOLFSPEED, INC.: OTHERS
12.2.2 SICC CO., LTD.
TABLE 29 SICC CO., LTD.: COMPANY OVERVIEW
TABLE 30 SICC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 31 SICC CO., LTD.: DEALS
TABLE 32 SICC CO., LTD.: OTHERS
12.2.3 SOITEC
TABLE 33 SOITEC: COMPANY OVERVIEW
FIGURE 33 SOITEC: COMPANY SNAPSHOT
TABLE 34 SOITEC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 35 SOITEC: PRODUCT LAUNCHES
TABLE 36 SOITEC: DEALS
TABLE 37 SOITEC: OTHERS
12.2.4 COHERENT CORP.
TABLE 38 COHERENT CORP.: COMPANY OVERVIEW
FIGURE 34 COHERENT CORP.: COMPANY SNAPSHOT
TABLE 39 COHERENT CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 40 COHERENT CORP.: PRODUCT LAUNCHES
TABLE 41 COHERENT CORP.: DEALS
TABLE 42 COHERENT CORP.: OTHERS
12.2.5 GLOBALWAFERS
TABLE 43 GLOBALWAFERS: COMPANY OVERVIEW
FIGURE 35 GLOBALWAFERS: COMPANY SNAPSHOT
TABLE 44 GLOBALWAFERS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 45 GLOBALWAFERS: DEALS
12.2.6 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.
TABLE 46 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: COMPANY OVERVIEW
TABLE 47 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 48 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: PRODUCT LAUNCHES
12.2.7 CERAMICFORUM CO., LTD.
TABLE 49 CERAMICFORUM CO., LTD.: COMPANY OVERVIEW
TABLE 50 CERAMICFORUM CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2.8 HOMRAY MATERIAL TECHNOLOGY
TABLE 51 HOMRAY MATERIAL TECHNOLOGY: COMPANY OVERVIEW
TABLE 52 HOMRAY MATERIAL TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 53 HOMRAY MATERIAL TECHNOLOGY: PRODUCT LAUNCHES
12.2.9 SHANGHAI ZHONGYINGRONG INNOVATIVE MATERIAL TECHNOLOGY CO., LTD
TABLE 54 SHANGHAI ZHONGYINGRONG INNOVATIVE MATERIAL TECHNOLOGY CO., LTD: COMPANY OVERVIEW
TABLE 55 SHANGHAI ZHONGYINGRONG INNOVATIVE MATERIAL TECHNOLOGY CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2.10 PRECISION MICRO-OPTICS INC.
TABLE 56 PRECISION MICRO-OPTICS INC.: COMPANY OVERVIEW
TABLE 57 PRECISION MICRO-OPTICS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2.11 SICRYSTAL GMBH
TABLE 58 SICRYSTAL GMBH: COMPANY OVERVIEW
TABLE 59 SICRYSTAL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 60 SICRYSTAL GMBH: DEALS
12.2.12 SYNLIGHT
TABLE 61 SYNLIGHT: COMPANY OVERVIEW
TABLE 62 SYNLIGHT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2.13 TANKEBLUE CO,. LTD.
TABLE 63 TANKEBLUE CO,. LTD.: COMPANY OVERVIEW
TABLE 64 TANKEBLUE CO,. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 65 TANKEBLUE CO,. LTD.: DEALS
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
