SiC-on-Insulator (SiCOI) Film Market by Substrate Material (Si, Polycrystalline SiC, Others), Wafer Size (100 mm, 150 mm, 200 mm), Technology Route (Smart Cut Technology, Grinding/Polishing/Bonding Technology) and Region - Global Forecast to 2029
The SiC-on-insulator (SiCOI) film market is projected to reach USD 1,134 million by 2029 from USD 37 million in 2024, at a CAGR of 98.1% from 2024 to 2029. The major factors driving the growth of SiC-on-insulator (SiCOI) film market are increasing demand for high-power electronics across various industries, the growing emphasis on energy efficiency and sustainability, and expanding telecommunication and data communication networks. Moreover, advancements in power electronics and the need for high-power substrates in quantum photonics and sensing technologies are expected to carve out new growth opportunities for market players.
“Polycrystalline SiC to register the highest CAGR during the forecast period.”
Polycrystalline SiC is expected to register highest CAGR of the SiC-on-Insulator (SiC) film market due the the increasing demand for efficient and high-performance power electronics, particularly in the rapidly expanding electric vehicle (EV) and renewable energy sectors. The superior properties of SiC, such as high breakdown voltage, thermal conductivity, and low power losses, make it an attractive material for power devices like MOSFETs and diodes used in EVs and renewable energy systems. Additionally, the adoption of SiC-based electronics in high-temperature and harsh environment applications across industries like aerospace, defense, and industrial sectors is driving the demand for high-quality poly-SiC substrates. Technological advancements, cost reductions, and the development of a robust supply chain and ecosystem are further fueling the growth of this market segment.
“150 mm films to register the second largest share during the forecast period.”
150 mm films are poised to secure the largest share of the SiC-on-Insulator (SiC) film market. These films, crucial for power electronics and high-frequency applications in sectors like electric vehicles and aerospace, are produced using both the Smart Cut technology, prominently by SOITEC, and the grinding/polishing/bonding technology. SOITEC, as a leading manufacturer, employs its proprietary Smart Cut process to create these 150 mm SiCOI films, catering to the surging demand. With such innovative manufacturing techniques, the SiC-on-Insulator (SiCOI) film market is expected to grow considerably, with investments ramping up in production and supply chain capabilities to fulfill the increasing industry needs.
“Asia Pacific region to register the highest CAGR during the forecast period.”
The Asia Pacific region is witnessing significant growth in the SiC-on-Insulator (SICOI) film market, driven by government investments in advanced semiconductors, the presence of leading SICOI manufacturers, and strong demand from electronics sectors. Governments are heavily investing in SiC and SICOI technologies, while key players like iSABers Materials and SIOXS CORPORATION are expanding production. Robust demand from automotive, consumer electronics, and renewable energy industries is further fueling the SICOI film market's expansion in the Asia Pacific.
The break-up of the profile of primary participants in the SiC-on-Insulator (SiCOI) film market
Research Coverage
The report segments the SiC-on-Insulator (SICOI) film market and forecasts its size by substrate material, wafer size, technology route 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 (SICOI) film 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:
“Polycrystalline SiC to register the highest CAGR during the forecast period.”
Polycrystalline SiC is expected to register highest CAGR of the SiC-on-Insulator (SiC) film market due the the increasing demand for efficient and high-performance power electronics, particularly in the rapidly expanding electric vehicle (EV) and renewable energy sectors. The superior properties of SiC, such as high breakdown voltage, thermal conductivity, and low power losses, make it an attractive material for power devices like MOSFETs and diodes used in EVs and renewable energy systems. Additionally, the adoption of SiC-based electronics in high-temperature and harsh environment applications across industries like aerospace, defense, and industrial sectors is driving the demand for high-quality poly-SiC substrates. Technological advancements, cost reductions, and the development of a robust supply chain and ecosystem are further fueling the growth of this market segment.
“150 mm films to register the second largest share during the forecast period.”
150 mm films are poised to secure the largest share of the SiC-on-Insulator (SiC) film market. These films, crucial for power electronics and high-frequency applications in sectors like electric vehicles and aerospace, are produced using both the Smart Cut technology, prominently by SOITEC, and the grinding/polishing/bonding technology. SOITEC, as a leading manufacturer, employs its proprietary Smart Cut process to create these 150 mm SiCOI films, catering to the surging demand. With such innovative manufacturing techniques, the SiC-on-Insulator (SiCOI) film market is expected to grow considerably, with investments ramping up in production and supply chain capabilities to fulfill the increasing industry needs.
“Asia Pacific region to register the highest CAGR during the forecast period.”
The Asia Pacific region is witnessing significant growth in the SiC-on-Insulator (SICOI) film market, driven by government investments in advanced semiconductors, the presence of leading SICOI manufacturers, and strong demand from electronics sectors. Governments are heavily investing in SiC and SICOI technologies, while key players like iSABers Materials and SIOXS CORPORATION are expanding production. Robust demand from automotive, consumer electronics, and renewable energy industries is further fueling the SICOI film market's expansion in the Asia Pacific.
The break-up of the profile of primary participants in the SiC-on-Insulator (SiCOI) film 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 – 35%, Asia Pacific – 25%, Rest of the World – 10%
Research Coverage
The report segments the SiC-on-Insulator (SICOI) film market and forecasts its size by substrate material, wafer size, technology route 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 (SICOI) film 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 demand for high-power electronics across various industries, the growing emphasis on energy efficiency and sustainability, and expanding telecommunication and data communication networks), restraints (the complexity and cost associated with the manufacturing process and the limited maturity of SiCOI film technology), opportunities (advancements in power electronics and the need for high-power substrates in quantum photonics and sensing technologies), and challenges (scalability availability and competition from established technologies)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the SiC-on-Insulator (SICOI) film market
- Market Development: Comprehensive information about lucrative markets – the report analyses the SiC-on-Insulator (SICOI) film market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the SiC-on-Insulator (SICOI) film market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like SOITEC (France), SICOXS CORPORATION (Japan), NGK INSULATORS, LTD. (Japan), iSABers Materials (China), and MTI Corporation (US).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 SIC-ON-INSULATOR (SICOI) FILM MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 INCLUSIONS AND EXCLUSIONS
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 RESEARCH LIMITATIONS
1.7 STAKEHOLDERS
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
FIGURE 2 SIC-ON-INSULATOR (SICOI) FILM MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 List of key participants in primary interviews
2.1.2.3 Breakdown of primaries
2.1.2.4 Key industry insights
2.1.2.5 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 SIC-ON-INSULATOR (SICOI) FILM MARKET: RESEARCH APPROACH
2.2 MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 FACTOR ANALYSIS
2.3.1 SUPPLY-SIDE ANALYSIS
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 1)
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 2)
2.3.2 GROWTH FORECAST ASSUMPTIONS
TABLE 1 MARKET GROWTH ASSUMPTIONS
2.4 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON STUDIED MARKET
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
2.7 RISK ASSESSMENT
TABLE 2 RISK ASSESSMENT: SIC-ON-INSULATOR (SICOI) FILM MARKET
3 EXECUTIVE SUMMARY
FIGURE 9 SIC-ON-INSULATOR (SICOI) FILM MARKET: GLOBAL SNAPSHOT
FIGURE 10 POLYCRYSTALLINE SIC SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029
FIGURE 11 200 MM SILICON WAFERS SIZE SEGMENT TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
FIGURE 12 SMART CUT TECHNOLOGY TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO DOMINATE GLOBAL SIC-ON-INSULATOR (SICOI) FILM MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SIC-ON-INSULATOR (SICOI) FILM MARKET
FIGURE 14 GROWING ADOPTION OF ELECTRIC VEHICLES AND CLEAN ENERGY TO DRIVE MARKET
4.2 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL
FIGURE 15 POLYCRYSTALLINE SIC TO ACCOUNT FOR LARGEST MARKET IN 2029
4.3 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE
FIGURE 16 200 MM WAFERS TO LEAD MARKET FROM 2024 TO 2029
4.4 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE
FIGURE 17 SMART CUT TECHNOLOGY TO CLAIM LARGER MARKET SHARE FROM 2024 TO 2029
4.5 SIC-ON-INSULATOR (SICOI) FILM MARKET IN ASIA PACIFIC, BY COUNTRY
FIGURE 18 CHINA DOMINATED MARKET IN ASIA PACIFIC IN 2023
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 SIC-ON-INSULATOR (SICOI) FILM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increasing demand for high-power electronics due to growing adoption of EVs
FIGURE 20 SALES OF ELECTRIC VEHICLES IN US, 2019–2021
5.2.1.2 Growing focus on reducing greenhouse gas emissions and promoting clean energy sources
5.2.1.3 Expanding telecommunications and data communication networks
FIGURE 21 SIC-ON-INSULATOR (SICOI) FILM MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Complexities and high costs associated with fabrication process
5.2.2.2 Limited commercialization of SiCOI technology
FIGURE 22 SIC-ON-INSULATOR (SICOI) FILM MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Advancements in power electronics
5.2.3.2 Ongoing developments in quantum technologies
FIGURE 23 SIC-ON-INSULATOR (SICOI) FILM MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Lack of advancements in manufacturing processes and quality control measures
5.2.4.2 Presence of competitive substitute technologies
FIGURE 24 SIC-ON-INSULATOR (SICOI) FILM MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE TREND, BY WAFER SIZE
FIGURE 26 AVERAGE SELLING PRICE TREND OF SICOI FILMS, BY WAFER SIZE, 2020–2029
5.4.2 INDICATIVE PRICING ANALYSIS OF SICOI FILMS, BY REGION
TABLE 3 INDICATIVE PRICING OF SICOI FILMS, BY REGION, 2020–2023
FIGURE 27 INDICATIVE PRICE TREND OF 100 MM SICOI FILMS, BY REGION, 2020–2023
FIGURE 28 INDICATIVE PRICE TREND OF 150 MM SICOI FILMS, BY REGION, 2020–2023
FIGURE 29 INDICATIVE PRICE TREND OF 200 MM SICOI FILMS, BY REGION, 2020–2023
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 30 SIC-ON-INSULATOR (SICOI) FILM MARKET: SUPPLY CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
FIGURE 31 SIC-ON-INSULATOR (SICOI) FILM MARKET: ECOSYSTEM ANALYSIS
TABLE 4 ROLE OF PARTICIPANTS IN ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
FIGURE 32 INVESTMENT AND FUNDING SCENARIO
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGY
5.8.1.1 Wafer bonding
5.8.2 COMPLEMENTARY TECHNOLOGY
5.8.2.1 Silicon-on-Insulator
5.8.3 ADJACENT TECHNOLOGY
5.8.3.1 SiC
5.9 PATENT ANALYSIS
TABLE 5 PATENTS FILED DURING REVIEW PERIOD
FIGURE 33 PATENTS APPLIED AND GRANTED, 2014–2023
TABLE 6 LIST OF MAJOR PATENTS APPLIED/GRANTED, 2014–2023
5.10 TRADE ANALYSIS
5.10.1 EXPORT DATA
TABLE 7 EXPORT DATA FOR HS CODE 381800-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)
FIGURE 34 EXPORT DATA FOR HS CODE 381800-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023
5.10.2 IMPORT DATA
TABLE 8 IMPORT DATA FOR HS CODE 381800-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)
FIGURE 35 IMPORT DATA FOR HS CODE 381800-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023
5.11 KEY CONFERENCES AND EVENTS, 2024—2025
TABLE 9 SIC-ON-INSULATOR (SICOI) FILM MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025
5.12 CASE STUDY ANALYSIS
5.12.1 STMICROELECTRONICS INTEGRATES SOITEC’S SMARTSIC TECHNOLOGY TO BOOST ELECTRIFICATION IN INDUSTRIAL AND AUTOMOTIVE SECTORS
5.13 TARIFFS, STANDARDS, AND REGULATORY LANDSCAPE
5.13.1 TARIFFS
TABLE 10 EXPORT MFN TARIFF LEVIED FOR HS CODE 381800-COMPLIANT PRODUCTS BY CHINA
5.13.2 STANDARDS
5.13.3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 PORTER’S FIVE FORCES ANALYSIS
FIGURE 36 SIC-ON-INSULATOR (SICOI) FILM MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 11 SIC-ON-INSULATOR (SICOI) FILM MARKET: PORTER’S FIVE FORCES ANALYSIS
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 THREAT OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SIC-0N-INSULATOR (SICOI) FILMS
TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SIC-ON-INSULATOR (SICOI) FILMS (%)
5.15.2 BUYING CRITERIA
FIGURE 38 KEY BUYING CRITERIA, BY APPLICATION
TABLE 13 KEY BUYING CRITERIA FOR SIC-ON-INSULATOR (SICOI) FILMS
6 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL
6.1 INTRODUCTION
TABLE 14 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2020–2023 (USD MILLION)
FIGURE 39 POLYCRYSTALLINE SIC SEGMENT TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD
TABLE 15 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2024–2029 (USD MILLION)
6.2 SI (SILICON)
6.2.1 WIDESPREAD AVAILABILITY AND COST EFFICIENCY TO BOOST DEMAND
6.3 POLYCRYSTALLINE SIC
6.3.1 GROWING DEMAND FOR HIGH-PERFORMING AND EFFICIENT POWER ELECTRONICS IN EVS TO FUEL MARKET GROWTH
TABLE 16 POLYCRYSTALLINE SIC: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2020–2023 (USD MILLION)
FIGURE 40 SMART CUT TECHNOLOGY SEGMENT TO CLAIM LARGER MARKET SHARE IN 2024
TABLE 17 POLYCRYSTALLINE SIC: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2024–2029 (USD MILLION)
6.4 OTHERS
7 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE
7.1 INTRODUCTION
TABLE 18 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2020–2023 (USD MILLION)
FIGURE 41 200 MM SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 19 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2024–2029 (USD MILLION)
TABLE 20 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2020–2023 (THOUSAND UNITS)
FIGURE 42 150 MM SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 21 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2024–2029 (THOUSAND UNITS)
7.2 100 MM
7.2.1 GROWING DEMAND FOR COST-EFFECTIVE SOLUTIONS FOR DEVELOPING NEW TECHNOLOGIES IN SIC DOMAIN TO FUEL MARKET GROWTH
7.3 150 MM
7.3.1 INCREASING ADOPTION OF SIC IN POWER ELECTRONICS TO DRIVE MARKET
TABLE 22 150 MM: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2020–2023 (USD MILLION)
FIGURE 43 SMART CUT TECHNOLOGY SEGMENT TO DOMINATE MARKET IN 2029
TABLE 23 150 MM: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2024–2029 (USD MILLION)
7.4 200 MM
7.4.1 GROWING DEMAND FOR SICOI-BASED DEVICES IN AUTOMOTIVE AND RENEWABLE ENERGY SECTORS TO DRIVE MARKET
TABLE 24 200 MM: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2020–2023 (USD MILLION)
FIGURE 44 SMART CUT TECHNOLOGY SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD
TABLE 25 200 MM: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2024–2029 (USD MILLION)
8 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE
8.1 INTRODUCTION
TABLE 26 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2020–2023 (USD MILLION)
FIGURE 45 SMART CUT TECHNOLOGY SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE FROM 2024 TO 2029
TABLE 27 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2024–2029 (USD MILLION)
8.2 SMART CUT TECHNOLOGY
8.2.1 ASSURANCE OF MINIMAL ENERGY CONSUMPTION WITH ENHANCED DEVICE PERFORMANCES TO FUEL MARKET GROWTH
TABLE 28 SMART CUT TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2020–2023 (USD MILLION)
TABLE 29 SMART CUT TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2024–2029 (USD MILLION)
TABLE 30 SMART CUT TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2020–2023 (USD MILLION)
FIGURE 46 150 MM SEGMENT TO DOMINATE MARKET FROM 2024 TO 2029
TABLE 31 SMART CUT TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2024–2029 (USD MILLION)
8.3 GRINDING/POLISHING/BONDING TECHNOLOGY
8.3.1 BETTER POWER HANDLING AND THERMAL PERFORMANCE OF FILMS TO FOSTER SEGMENTAL GROWTH
TABLE 32 GRINDING/POLISHING/BONDING TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2020–2023 (USD MILLION)
FIGURE 47 POLYCRYSTALLINE SIC SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 33 GRINDING/POLISHING/BONDING TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2024–2029 (USD MILLION)
TABLE 34 GRINDING/POLISHING/BONDING TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2020–2023 (USD MILLION)
TABLE 35 GRINDING/POLISHING/BONDING TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2024–2029 (USD MILLION)
9 DIFFERENT STRUCTURES IN SIC-ON-INSULATOR (SICOI) FILMS
9.1 INTRODUCTION
9.2 TWO-LAYER
9.3 THREE-LAYER
9.4 FOUR-LAYER
9.5 MULTI-LAYER
10 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 48 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 36 SIC-ON-INSULATOR FILM MARKET, BY REGION, 2020–2023 (USD THOUSAND)
TABLE 37 SIC-ON-INSULATOR FILM MARKET, BY REGION, 2024–2029 (USD THOUSAND)
10.2 NORTH AMERICA
FIGURE 49 NORTH AMERICA: SIC-ON-INSULATOR (SICOI) FILM MARKET SNAPSHOT
TABLE 38 NORTH AMERICA: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY COUNTRY, 2020–2023 (USD THOUSAND)
TABLE 39 NORTH AMERICA: SIC-ON-INSULATOR FILM MARKET, BY COUNTRY, 2024–2029 (USD THOUSAND)
10.2.1 RECESSION IMPACT ON SIC-ON-INSULATOR (SICOI) FILM MARKET IN NORTH AMERICA
10.2.2 US
10.2.2.1 Increasing number of renewable energy projects to fuel market growth
10.2.3 CANADA
10.2.3.1 Growing focus on clean technologies to accelerate demand
10.2.4 MEXICO
10.2.4.1 Expanding automotive industry and growing focus on manufacturing EVs to fuel market growth
10.3 EUROPE
FIGURE 50 EUROPE: SIC-ON-INSULATOR (SICOI) FILM MARKET SNAPSHOT
TABLE 40 EUROPE: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY COUNTRY, 2020–2023 (USD THOUSAND)
TABLE 41 EUROPE: SIC-ON-INSULATOR FILM MARKET, BY COUNTRY, 2024–2029 (USD THOUSAND)
10.3.1 RECESSION IMPACT ON SIC-ON-INSULATOR (SICOI) FILM MARKET IN EUROPE
10.3.2 GERMANY
10.3.2.1 Thriving automotive and renewable energy sectors to propel market
10.3.3 UK
10.3.3.1 Growing adoption of SiC-based power devices in EVs to drive market
10.3.4 FRANCE
10.3.4.1 Presence of established players in region to fuel market growth
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 51 ASIA PACIFIC: SIC-ON-INSULATOR (SICOI) FILM MARKET SNAPSHOT
TABLE 42 ASIA PACIFIC: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY COUNTRY, 2020–2023 (USD THOUSAND)
TABLE 43 ASIA PACIFIC: SIC-ON-INSULATOR FILM MARKET, BY COUNTRY, 2024–2029 (USD THOUSAND)
10.4.1 RECESSION IMPACT ON SIC-ON-INSULATOR (SICOI) FILM MARKET IN ASIA PACIFIC
10.4.2 CHINA
10.4.2.1 Government-led investments to develop SiC and SiCOI films to accelerate demand
10.4.3 JAPAN
10.4.3.1 Increasing investments and partnerships to boost SiC manufacturing to fuel market growth
10.4.4 TAIWAN
10.4.4.1 Growing investments in advanced chip packaging plants to fuel market growth
10.4.5 REST OF ASIA PACIFIC
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2023
TABLE 44 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2023
FIGURE 52 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2023
11.3 REVENUE ANALYSIS, 2021–2023
FIGURE 53 REVENUE ANALYSIS OF SOITEC, 2021–2023
11.4 MARKET SHARE ANALYSIS, 2023
TABLE 45 SIC-ON-INSULATOR (SICOI) FILM MARKET: DEGREE OF COMPETITION, 2023
FIGURE 54 SIC-ON-INSULATOR (SICOI) FILM MARKET: MARKET SHARE ANALYSIS, 2023
11.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 55 SIC-ON-INSULATOR FILM MARKET: COMPANY VALUATION
FIGURE 56 SIC-ON-INSULATOR FILM MARKET: FINANCIAL METRICS
11.6 BRAND/PRODUCT COMPARISON
FIGURE 57 BRAND/PRODUCT COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
FIGURE 58 SIC-ON-INSULATOR (SICOI) FILM MARKET: COMPANY EVALUATION MATRIX, 2023
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS
11.7.5.1 Overall company footprint
FIGURE 59 SIC-ON-INSULATOR (SICOI) FILM MARKET: COMPANY FOOTPRINT
11.7.5.2 Company footprint
TABLE 46 SIC-ON-INSULATOR (SICOI) FILM MARKET: COMPANY FOOTPRINT
11.7.5.3 Substrate material footprint
TABLE 47 SIC-ON-INSULATOR (SICOI) FILM MARKET: SUBSTRATE MATERIAL FOOTPRINT
11.7.5.4 Wafer size footprint
TABLE 48 SIC-ON-INSULATOR (SICOI) FILM MARKET: WAFER SIZE FOOTPRINT
11.7.5.5 Technology route footprint
TABLE 49 SIC-ON-INSULATOR (SICOI) FILM MARKET: TECHNOLOGY ROUTE FOOTPRINT
11.7.5.6 Region footprint
TABLE 50 SIC-ON-INSULATOR (SICOI) FILM MARKET: REGION FOOTPRINT
11.8 COMPETITIVE SCENARIOS AND TRENDS
11.8.1 PRODUCT LAUNCHES
TABLE 51 SIC-ON-INSULATOR (SICOI) FILM MARKET: PRODUCT LAUNCHES, JANUARY 2021–DECEMBER 2023
11.8.2 DEALS
TABLE 52 SIC-ON-INSULATOR (SICOI) FILM MARKET: DEALS, JANUARY 2021–DECEMBER 2023
11.8.3 EXPANSIONS
TABLE 53 SIC-ON-INSULATOR (SICOI) FILM MARKET: EXPANSIONS, JANUARY 2021—DECEMBER 2023
12 COMPANY PROFILES
(Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 INTRODUCTION
12.2 KEY PLAYERS (SIC-ON-INSULATOR (SICOI) FILM MANUFACTURERS)
12.2.1 SOITEC
TABLE 54 SOITEC: COMPANY OVERVIEW
FIGURE 60 SOITEC: COMPANY SNAPSHOT
TABLE 55 SOITEC: PRODUCTS/SOLUTIONS OFFERED
TABLE 56 SOITEC: PRODUCT LAUNCHES
TABLE 57 SOITEC: DEALS
TABLE 58 SOITEC: EXPANSIONS
12.2.2 SICOXS CORPORATION
TABLE 59 SICOXS CORPORATION: COMPANY OVERVIEW
TABLE 60 SICOXS CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 61 SICOXS CORPORATION: EXPANSIONS
12.2.3 BEIJING QINGHE JINGYUAN SEMICONDUCTOR TECHNOLOGY CO., LTD. (ISABERS MATERIALS)
TABLE 62 BEIJING QINGHE JINGYUAN SEMICONDUCTOR TECHNOLOGY CO., LTD. (ISABERS MATERIALS): COMPANY OVERVIEW
TABLE 63 BEIJING QINGHE JINGYUAN SEMICONDUCTOR TECHNOLOGY CO., LTD. (ISABERS MATERIALS): PRODUCTS/SOLUTIONS OFFERED
TABLE 64 BEIJING QINGHE JINGYUAN SEMICONDUCTOR TECHNOLOGY CO., LTD. (ISABERS MATERIALS): EXPANSIONS
12.2.4 MTI CORPORATION
TABLE 65 MTI CORPORATION: COMPANY OVERVIEW
TABLE 66 MTI CORPORATION: PRODUCTS/SOLUTIONS OFFERED
12.2.5 NGK INSULATORS, LTD.
TABLE 67 NGK INSULATORS, LTD.: COMPANY OVERVIEW
FIGURE 61 NGK INSULATORS, LTD.: COMPANY SNAPSHOT
TABLE 68 NGK INSULATORS, LTD.: PRODUCTS/SOLUTIONS OFFERED
12.3 OTHER PLAYERS (SIC FILM/SUBSTRATE MANUFACTURERS)
12.3.1 WOLFSPEED, INC.
TABLE 69 WOLFSPEED, INC.: COMPANY OVERVIEW
FIGURE 62 WOLFSPEED, INC.: COMPANY SNAPSHOT
TABLE 70 WOLFSPEED, INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 71 WOLFSPEED, INC.: DEALS
TABLE 72 WOLFSPEED, INC.: EXPANSIONS
12.3.2 SICC CO., LTD.
TABLE 73 SICC CO., LTD.: COMPANY OVERVIEW
TABLE 74 SICC CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 75 SICC CO., LTD.: DEALS
TABLE 76 SICC CO., LTD.: EXPANSIONS
TABLE 77 SICC CO., LTD.: OTHERS
12.3.3 COHERENT CORP.
TABLE 78 COHERENT CORP.: COMPANY OVERVIEW
FIGURE 63 COHERENT CORP.: COMPANY SNAPSHOT
TABLE 79 COHERENT CORP.: PRODUCTS/SOLUTIONS OFFERED
TABLE 80 COHERENT CORP.: PRODUCT LAUNCHES
TABLE 81 COHERENT CORP.: DEALS
12.3.4 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.
TABLE 82 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: COMPANY OVERVIEW
TABLE 83 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 84 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: PRODUCT LAUNCHES
12.3.5 PRECISION MICRO-OPTICS INC.
TABLE 85 PRECISION MICRO-OPTICS INC.: COMPANY OVERVIEW
TABLE 86 PRECISION MICRO-OPTICS INC.: PRODUCTS/SOLUTIONS OFFERED
12.3.6 RESONAC HOLDINGS CORPORATION
TABLE 87 RESONAC HOLDINGS CORPORATION: COMPANY OVERVIEW
FIGURE 64 RESONAC HOLDINGS CORPORATION: COMPANY SNAPSHOT
TABLE 88 RESONAC HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 89 RESONAC HOLDING CORPORATION: PRODUCT LAUNCHES
TABLE 90 RESONAC HOLDINGS CORPORATION: DEALS
TABLE 91 RESONAC HOLDINGS CORPORATION: OTHERS
12.3.7 SUMITOMO ELECTRIC INDUSTRIES, LTD.
TABLE 92 SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY OVERVIEW
FIGURE 65 SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY SNAPSHOT
TABLE 93 SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 94 SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRODUCT LAUNCHES
12.3.8 SK SILTRON CO., LTD.
TABLE 95 SK SILTRON CO., LTD.: COMPANY OVERVIEW
TABLE 96 SK SILTRON CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
12.3.9 TYSIC
TABLE 97 TYSIC: COMPANY OVERVIEW
TABLE 98 TYSIC: PRODUCTS/SOLUTIONS OFFERED
12.3.10 SICRYSTAL GMBH
TABLE 99 SICRYSTAL GMBH: COMPANY OVERVIEW
TABLE 100 SICRYSTAL GMBH: PRODUCTS/SOLUTIONS OFFERED
TABLE 101 SICRYSTAL GMBH: DEALS
*Details on Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and 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 (SICOI) FILM MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 INCLUSIONS AND EXCLUSIONS
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 RESEARCH LIMITATIONS
1.7 STAKEHOLDERS
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
FIGURE 2 SIC-ON-INSULATOR (SICOI) FILM MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 List of key participants in primary interviews
2.1.2.3 Breakdown of primaries
2.1.2.4 Key industry insights
2.1.2.5 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 SIC-ON-INSULATOR (SICOI) FILM MARKET: RESEARCH APPROACH
2.2 MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 FACTOR ANALYSIS
2.3.1 SUPPLY-SIDE ANALYSIS
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 1)
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 2)
2.3.2 GROWTH FORECAST ASSUMPTIONS
TABLE 1 MARKET GROWTH ASSUMPTIONS
2.4 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON STUDIED MARKET
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
2.7 RISK ASSESSMENT
TABLE 2 RISK ASSESSMENT: SIC-ON-INSULATOR (SICOI) FILM MARKET
3 EXECUTIVE SUMMARY
FIGURE 9 SIC-ON-INSULATOR (SICOI) FILM MARKET: GLOBAL SNAPSHOT
FIGURE 10 POLYCRYSTALLINE SIC SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029
FIGURE 11 200 MM SILICON WAFERS SIZE SEGMENT TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
FIGURE 12 SMART CUT TECHNOLOGY TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO DOMINATE GLOBAL SIC-ON-INSULATOR (SICOI) FILM MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SIC-ON-INSULATOR (SICOI) FILM MARKET
FIGURE 14 GROWING ADOPTION OF ELECTRIC VEHICLES AND CLEAN ENERGY TO DRIVE MARKET
4.2 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL
FIGURE 15 POLYCRYSTALLINE SIC TO ACCOUNT FOR LARGEST MARKET IN 2029
4.3 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE
FIGURE 16 200 MM WAFERS TO LEAD MARKET FROM 2024 TO 2029
4.4 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE
FIGURE 17 SMART CUT TECHNOLOGY TO CLAIM LARGER MARKET SHARE FROM 2024 TO 2029
4.5 SIC-ON-INSULATOR (SICOI) FILM MARKET IN ASIA PACIFIC, BY COUNTRY
FIGURE 18 CHINA DOMINATED MARKET IN ASIA PACIFIC IN 2023
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 SIC-ON-INSULATOR (SICOI) FILM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increasing demand for high-power electronics due to growing adoption of EVs
FIGURE 20 SALES OF ELECTRIC VEHICLES IN US, 2019–2021
5.2.1.2 Growing focus on reducing greenhouse gas emissions and promoting clean energy sources
5.2.1.3 Expanding telecommunications and data communication networks
FIGURE 21 SIC-ON-INSULATOR (SICOI) FILM MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Complexities and high costs associated with fabrication process
5.2.2.2 Limited commercialization of SiCOI technology
FIGURE 22 SIC-ON-INSULATOR (SICOI) FILM MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Advancements in power electronics
5.2.3.2 Ongoing developments in quantum technologies
FIGURE 23 SIC-ON-INSULATOR (SICOI) FILM MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Lack of advancements in manufacturing processes and quality control measures
5.2.4.2 Presence of competitive substitute technologies
FIGURE 24 SIC-ON-INSULATOR (SICOI) FILM MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE TREND, BY WAFER SIZE
FIGURE 26 AVERAGE SELLING PRICE TREND OF SICOI FILMS, BY WAFER SIZE, 2020–2029
5.4.2 INDICATIVE PRICING ANALYSIS OF SICOI FILMS, BY REGION
TABLE 3 INDICATIVE PRICING OF SICOI FILMS, BY REGION, 2020–2023
FIGURE 27 INDICATIVE PRICE TREND OF 100 MM SICOI FILMS, BY REGION, 2020–2023
FIGURE 28 INDICATIVE PRICE TREND OF 150 MM SICOI FILMS, BY REGION, 2020–2023
FIGURE 29 INDICATIVE PRICE TREND OF 200 MM SICOI FILMS, BY REGION, 2020–2023
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 30 SIC-ON-INSULATOR (SICOI) FILM MARKET: SUPPLY CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
FIGURE 31 SIC-ON-INSULATOR (SICOI) FILM MARKET: ECOSYSTEM ANALYSIS
TABLE 4 ROLE OF PARTICIPANTS IN ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
FIGURE 32 INVESTMENT AND FUNDING SCENARIO
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGY
5.8.1.1 Wafer bonding
5.8.2 COMPLEMENTARY TECHNOLOGY
5.8.2.1 Silicon-on-Insulator
5.8.3 ADJACENT TECHNOLOGY
5.8.3.1 SiC
5.9 PATENT ANALYSIS
TABLE 5 PATENTS FILED DURING REVIEW PERIOD
FIGURE 33 PATENTS APPLIED AND GRANTED, 2014–2023
TABLE 6 LIST OF MAJOR PATENTS APPLIED/GRANTED, 2014–2023
5.10 TRADE ANALYSIS
5.10.1 EXPORT DATA
TABLE 7 EXPORT DATA FOR HS CODE 381800-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)
FIGURE 34 EXPORT DATA FOR HS CODE 381800-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023
5.10.2 IMPORT DATA
TABLE 8 IMPORT DATA FOR HS CODE 381800-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)
FIGURE 35 IMPORT DATA FOR HS CODE 381800-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023
5.11 KEY CONFERENCES AND EVENTS, 2024—2025
TABLE 9 SIC-ON-INSULATOR (SICOI) FILM MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025
5.12 CASE STUDY ANALYSIS
5.12.1 STMICROELECTRONICS INTEGRATES SOITEC’S SMARTSIC TECHNOLOGY TO BOOST ELECTRIFICATION IN INDUSTRIAL AND AUTOMOTIVE SECTORS
5.13 TARIFFS, STANDARDS, AND REGULATORY LANDSCAPE
5.13.1 TARIFFS
TABLE 10 EXPORT MFN TARIFF LEVIED FOR HS CODE 381800-COMPLIANT PRODUCTS BY CHINA
5.13.2 STANDARDS
5.13.3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 PORTER’S FIVE FORCES ANALYSIS
FIGURE 36 SIC-ON-INSULATOR (SICOI) FILM MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 11 SIC-ON-INSULATOR (SICOI) FILM MARKET: PORTER’S FIVE FORCES ANALYSIS
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 THREAT OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SIC-0N-INSULATOR (SICOI) FILMS
TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SIC-ON-INSULATOR (SICOI) FILMS (%)
5.15.2 BUYING CRITERIA
FIGURE 38 KEY BUYING CRITERIA, BY APPLICATION
TABLE 13 KEY BUYING CRITERIA FOR SIC-ON-INSULATOR (SICOI) FILMS
6 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL
6.1 INTRODUCTION
TABLE 14 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2020–2023 (USD MILLION)
FIGURE 39 POLYCRYSTALLINE SIC SEGMENT TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD
TABLE 15 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2024–2029 (USD MILLION)
6.2 SI (SILICON)
6.2.1 WIDESPREAD AVAILABILITY AND COST EFFICIENCY TO BOOST DEMAND
6.3 POLYCRYSTALLINE SIC
6.3.1 GROWING DEMAND FOR HIGH-PERFORMING AND EFFICIENT POWER ELECTRONICS IN EVS TO FUEL MARKET GROWTH
TABLE 16 POLYCRYSTALLINE SIC: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2020–2023 (USD MILLION)
FIGURE 40 SMART CUT TECHNOLOGY SEGMENT TO CLAIM LARGER MARKET SHARE IN 2024
TABLE 17 POLYCRYSTALLINE SIC: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2024–2029 (USD MILLION)
6.4 OTHERS
7 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE
7.1 INTRODUCTION
TABLE 18 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2020–2023 (USD MILLION)
FIGURE 41 200 MM SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 19 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2024–2029 (USD MILLION)
TABLE 20 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2020–2023 (THOUSAND UNITS)
FIGURE 42 150 MM SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 21 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2024–2029 (THOUSAND UNITS)
7.2 100 MM
7.2.1 GROWING DEMAND FOR COST-EFFECTIVE SOLUTIONS FOR DEVELOPING NEW TECHNOLOGIES IN SIC DOMAIN TO FUEL MARKET GROWTH
7.3 150 MM
7.3.1 INCREASING ADOPTION OF SIC IN POWER ELECTRONICS TO DRIVE MARKET
TABLE 22 150 MM: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2020–2023 (USD MILLION)
FIGURE 43 SMART CUT TECHNOLOGY SEGMENT TO DOMINATE MARKET IN 2029
TABLE 23 150 MM: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2024–2029 (USD MILLION)
7.4 200 MM
7.4.1 GROWING DEMAND FOR SICOI-BASED DEVICES IN AUTOMOTIVE AND RENEWABLE ENERGY SECTORS TO DRIVE MARKET
TABLE 24 200 MM: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2020–2023 (USD MILLION)
FIGURE 44 SMART CUT TECHNOLOGY SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD
TABLE 25 200 MM: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2024–2029 (USD MILLION)
8 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE
8.1 INTRODUCTION
TABLE 26 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2020–2023 (USD MILLION)
FIGURE 45 SMART CUT TECHNOLOGY SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE FROM 2024 TO 2029
TABLE 27 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY TECHNOLOGY ROUTE, 2024–2029 (USD MILLION)
8.2 SMART CUT TECHNOLOGY
8.2.1 ASSURANCE OF MINIMAL ENERGY CONSUMPTION WITH ENHANCED DEVICE PERFORMANCES TO FUEL MARKET GROWTH
TABLE 28 SMART CUT TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2020–2023 (USD MILLION)
TABLE 29 SMART CUT TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2024–2029 (USD MILLION)
TABLE 30 SMART CUT TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2020–2023 (USD MILLION)
FIGURE 46 150 MM SEGMENT TO DOMINATE MARKET FROM 2024 TO 2029
TABLE 31 SMART CUT TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2024–2029 (USD MILLION)
8.3 GRINDING/POLISHING/BONDING TECHNOLOGY
8.3.1 BETTER POWER HANDLING AND THERMAL PERFORMANCE OF FILMS TO FOSTER SEGMENTAL GROWTH
TABLE 32 GRINDING/POLISHING/BONDING TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2020–2023 (USD MILLION)
FIGURE 47 POLYCRYSTALLINE SIC SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 33 GRINDING/POLISHING/BONDING TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY SUBSTRATE MATERIAL, 2024–2029 (USD MILLION)
TABLE 34 GRINDING/POLISHING/BONDING TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2020–2023 (USD MILLION)
TABLE 35 GRINDING/POLISHING/BONDING TECHNOLOGY: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY WAFER SIZE, 2024–2029 (USD MILLION)
9 DIFFERENT STRUCTURES IN SIC-ON-INSULATOR (SICOI) FILMS
9.1 INTRODUCTION
9.2 TWO-LAYER
9.3 THREE-LAYER
9.4 FOUR-LAYER
9.5 MULTI-LAYER
10 SIC-ON-INSULATOR (SICOI) FILM MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 48 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 36 SIC-ON-INSULATOR FILM MARKET, BY REGION, 2020–2023 (USD THOUSAND)
TABLE 37 SIC-ON-INSULATOR FILM MARKET, BY REGION, 2024–2029 (USD THOUSAND)
10.2 NORTH AMERICA
FIGURE 49 NORTH AMERICA: SIC-ON-INSULATOR (SICOI) FILM MARKET SNAPSHOT
TABLE 38 NORTH AMERICA: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY COUNTRY, 2020–2023 (USD THOUSAND)
TABLE 39 NORTH AMERICA: SIC-ON-INSULATOR FILM MARKET, BY COUNTRY, 2024–2029 (USD THOUSAND)
10.2.1 RECESSION IMPACT ON SIC-ON-INSULATOR (SICOI) FILM MARKET IN NORTH AMERICA
10.2.2 US
10.2.2.1 Increasing number of renewable energy projects to fuel market growth
10.2.3 CANADA
10.2.3.1 Growing focus on clean technologies to accelerate demand
10.2.4 MEXICO
10.2.4.1 Expanding automotive industry and growing focus on manufacturing EVs to fuel market growth
10.3 EUROPE
FIGURE 50 EUROPE: SIC-ON-INSULATOR (SICOI) FILM MARKET SNAPSHOT
TABLE 40 EUROPE: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY COUNTRY, 2020–2023 (USD THOUSAND)
TABLE 41 EUROPE: SIC-ON-INSULATOR FILM MARKET, BY COUNTRY, 2024–2029 (USD THOUSAND)
10.3.1 RECESSION IMPACT ON SIC-ON-INSULATOR (SICOI) FILM MARKET IN EUROPE
10.3.2 GERMANY
10.3.2.1 Thriving automotive and renewable energy sectors to propel market
10.3.3 UK
10.3.3.1 Growing adoption of SiC-based power devices in EVs to drive market
10.3.4 FRANCE
10.3.4.1 Presence of established players in region to fuel market growth
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 51 ASIA PACIFIC: SIC-ON-INSULATOR (SICOI) FILM MARKET SNAPSHOT
TABLE 42 ASIA PACIFIC: SIC-ON-INSULATOR (SICOI) FILM MARKET, BY COUNTRY, 2020–2023 (USD THOUSAND)
TABLE 43 ASIA PACIFIC: SIC-ON-INSULATOR FILM MARKET, BY COUNTRY, 2024–2029 (USD THOUSAND)
10.4.1 RECESSION IMPACT ON SIC-ON-INSULATOR (SICOI) FILM MARKET IN ASIA PACIFIC
10.4.2 CHINA
10.4.2.1 Government-led investments to develop SiC and SiCOI films to accelerate demand
10.4.3 JAPAN
10.4.3.1 Increasing investments and partnerships to boost SiC manufacturing to fuel market growth
10.4.4 TAIWAN
10.4.4.1 Growing investments in advanced chip packaging plants to fuel market growth
10.4.5 REST OF ASIA PACIFIC
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2023
TABLE 44 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2023
FIGURE 52 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2023
11.3 REVENUE ANALYSIS, 2021–2023
FIGURE 53 REVENUE ANALYSIS OF SOITEC, 2021–2023
11.4 MARKET SHARE ANALYSIS, 2023
TABLE 45 SIC-ON-INSULATOR (SICOI) FILM MARKET: DEGREE OF COMPETITION, 2023
FIGURE 54 SIC-ON-INSULATOR (SICOI) FILM MARKET: MARKET SHARE ANALYSIS, 2023
11.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 55 SIC-ON-INSULATOR FILM MARKET: COMPANY VALUATION
FIGURE 56 SIC-ON-INSULATOR FILM MARKET: FINANCIAL METRICS
11.6 BRAND/PRODUCT COMPARISON
FIGURE 57 BRAND/PRODUCT COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
FIGURE 58 SIC-ON-INSULATOR (SICOI) FILM MARKET: COMPANY EVALUATION MATRIX, 2023
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS
11.7.5.1 Overall company footprint
FIGURE 59 SIC-ON-INSULATOR (SICOI) FILM MARKET: COMPANY FOOTPRINT
11.7.5.2 Company footprint
TABLE 46 SIC-ON-INSULATOR (SICOI) FILM MARKET: COMPANY FOOTPRINT
11.7.5.3 Substrate material footprint
TABLE 47 SIC-ON-INSULATOR (SICOI) FILM MARKET: SUBSTRATE MATERIAL FOOTPRINT
11.7.5.4 Wafer size footprint
TABLE 48 SIC-ON-INSULATOR (SICOI) FILM MARKET: WAFER SIZE FOOTPRINT
11.7.5.5 Technology route footprint
TABLE 49 SIC-ON-INSULATOR (SICOI) FILM MARKET: TECHNOLOGY ROUTE FOOTPRINT
11.7.5.6 Region footprint
TABLE 50 SIC-ON-INSULATOR (SICOI) FILM MARKET: REGION FOOTPRINT
11.8 COMPETITIVE SCENARIOS AND TRENDS
11.8.1 PRODUCT LAUNCHES
TABLE 51 SIC-ON-INSULATOR (SICOI) FILM MARKET: PRODUCT LAUNCHES, JANUARY 2021–DECEMBER 2023
11.8.2 DEALS
TABLE 52 SIC-ON-INSULATOR (SICOI) FILM MARKET: DEALS, JANUARY 2021–DECEMBER 2023
11.8.3 EXPANSIONS
TABLE 53 SIC-ON-INSULATOR (SICOI) FILM MARKET: EXPANSIONS, JANUARY 2021—DECEMBER 2023
12 COMPANY PROFILES
(Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 INTRODUCTION
12.2 KEY PLAYERS (SIC-ON-INSULATOR (SICOI) FILM MANUFACTURERS)
12.2.1 SOITEC
TABLE 54 SOITEC: COMPANY OVERVIEW
FIGURE 60 SOITEC: COMPANY SNAPSHOT
TABLE 55 SOITEC: PRODUCTS/SOLUTIONS OFFERED
TABLE 56 SOITEC: PRODUCT LAUNCHES
TABLE 57 SOITEC: DEALS
TABLE 58 SOITEC: EXPANSIONS
12.2.2 SICOXS CORPORATION
TABLE 59 SICOXS CORPORATION: COMPANY OVERVIEW
TABLE 60 SICOXS CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 61 SICOXS CORPORATION: EXPANSIONS
12.2.3 BEIJING QINGHE JINGYUAN SEMICONDUCTOR TECHNOLOGY CO., LTD. (ISABERS MATERIALS)
TABLE 62 BEIJING QINGHE JINGYUAN SEMICONDUCTOR TECHNOLOGY CO., LTD. (ISABERS MATERIALS): COMPANY OVERVIEW
TABLE 63 BEIJING QINGHE JINGYUAN SEMICONDUCTOR TECHNOLOGY CO., LTD. (ISABERS MATERIALS): PRODUCTS/SOLUTIONS OFFERED
TABLE 64 BEIJING QINGHE JINGYUAN SEMICONDUCTOR TECHNOLOGY CO., LTD. (ISABERS MATERIALS): EXPANSIONS
12.2.4 MTI CORPORATION
TABLE 65 MTI CORPORATION: COMPANY OVERVIEW
TABLE 66 MTI CORPORATION: PRODUCTS/SOLUTIONS OFFERED
12.2.5 NGK INSULATORS, LTD.
TABLE 67 NGK INSULATORS, LTD.: COMPANY OVERVIEW
FIGURE 61 NGK INSULATORS, LTD.: COMPANY SNAPSHOT
TABLE 68 NGK INSULATORS, LTD.: PRODUCTS/SOLUTIONS OFFERED
12.3 OTHER PLAYERS (SIC FILM/SUBSTRATE MANUFACTURERS)
12.3.1 WOLFSPEED, INC.
TABLE 69 WOLFSPEED, INC.: COMPANY OVERVIEW
FIGURE 62 WOLFSPEED, INC.: COMPANY SNAPSHOT
TABLE 70 WOLFSPEED, INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 71 WOLFSPEED, INC.: DEALS
TABLE 72 WOLFSPEED, INC.: EXPANSIONS
12.3.2 SICC CO., LTD.
TABLE 73 SICC CO., LTD.: COMPANY OVERVIEW
TABLE 74 SICC CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 75 SICC CO., LTD.: DEALS
TABLE 76 SICC CO., LTD.: EXPANSIONS
TABLE 77 SICC CO., LTD.: OTHERS
12.3.3 COHERENT CORP.
TABLE 78 COHERENT CORP.: COMPANY OVERVIEW
FIGURE 63 COHERENT CORP.: COMPANY SNAPSHOT
TABLE 79 COHERENT CORP.: PRODUCTS/SOLUTIONS OFFERED
TABLE 80 COHERENT CORP.: PRODUCT LAUNCHES
TABLE 81 COHERENT CORP.: DEALS
12.3.4 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.
TABLE 82 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: COMPANY OVERVIEW
TABLE 83 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 84 XIAMEN POWERWAY ADVANCED MATERIAL CO., LTD.: PRODUCT LAUNCHES
12.3.5 PRECISION MICRO-OPTICS INC.
TABLE 85 PRECISION MICRO-OPTICS INC.: COMPANY OVERVIEW
TABLE 86 PRECISION MICRO-OPTICS INC.: PRODUCTS/SOLUTIONS OFFERED
12.3.6 RESONAC HOLDINGS CORPORATION
TABLE 87 RESONAC HOLDINGS CORPORATION: COMPANY OVERVIEW
FIGURE 64 RESONAC HOLDINGS CORPORATION: COMPANY SNAPSHOT
TABLE 88 RESONAC HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 89 RESONAC HOLDING CORPORATION: PRODUCT LAUNCHES
TABLE 90 RESONAC HOLDINGS CORPORATION: DEALS
TABLE 91 RESONAC HOLDINGS CORPORATION: OTHERS
12.3.7 SUMITOMO ELECTRIC INDUSTRIES, LTD.
TABLE 92 SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY OVERVIEW
FIGURE 65 SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY SNAPSHOT
TABLE 93 SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 94 SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRODUCT LAUNCHES
12.3.8 SK SILTRON CO., LTD.
TABLE 95 SK SILTRON CO., LTD.: COMPANY OVERVIEW
TABLE 96 SK SILTRON CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
12.3.9 TYSIC
TABLE 97 TYSIC: COMPANY OVERVIEW
TABLE 98 TYSIC: PRODUCTS/SOLUTIONS OFFERED
12.3.10 SICRYSTAL GMBH
TABLE 99 SICRYSTAL GMBH: COMPANY OVERVIEW
TABLE 100 SICRYSTAL GMBH: PRODUCTS/SOLUTIONS OFFERED
TABLE 101 SICRYSTAL GMBH: DEALS
*Details on Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and 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
