Global SiC Wafer Foundry Market Growth (Status and Outlook) 2024-2030

July 2024 | 73 pages | ID: G48B0B0C155DEN
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Abstracts

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The global SiC Wafer Foundry market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “SiC Wafer Foundry Industry Forecast” looks at past sales and reviews total world SiC Wafer Foundry sales in 2022, providing a comprehensive analysis by region and market sector of projected SiC Wafer Foundry sales for 2023 through 2029. With SiC Wafer Foundry sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SiC Wafer Foundry industry.

This Insight Report provides a comprehensive analysis of the global SiC Wafer Foundry landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on SiC Wafer Foundry portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global SiC Wafer Foundry market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SiC Wafer Foundry and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global SiC Wafer Foundry.

United States market for SiC Wafer Foundry is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for SiC Wafer Foundry is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for SiC Wafer Foundry is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key SiC Wafer Foundry players cover Episil, X-Fab, Clas-SiC Wafer Fab Ltd, UMC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of SiC Wafer Foundry market by product type, application, key players and key regions and countries.

Segmentation by Type:

• 4 Inch
• 6 Inch
• 8 Inch

Segmentation by Application:

• Power Devices
• Optoelectronic Devices
• Others

This report also splits the market by region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

Segmentation by Type:

• 4 Inch
• 6 Inch
• 8 Inch

Segmentation by Application:

• Power Devices
• Optoelectronic Devices
• Others

This report also splits the market by region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

• Episil
• X-Fab
• Clas-SiC Wafer Fab Ltd
• UMC

Contents

1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global SiC Wafer Foundry Market Size 2019-2030
  2.1.2 SiC Wafer Foundry Market Size CAGR by Region (2019 VS 2023 VS 2030)
  2.1.3 World Current & Future Analysis for SiC Wafer Foundry by Country/Region, 2019, 2023 & 2030
2.2 SiC Wafer Foundry Segment by Type
  2.2.1 4 Inch
  2.2.2 6 Inch
  2.2.3 8 Inch
2.3 SiC Wafer Foundry Market Size by Type
  2.3.1 SiC Wafer Foundry Market Size CAGR by Type (2019 VS 2023 VS 2030)
  2.3.2 Global SiC Wafer Foundry Market Size Market Share by Type (2019-2024)
2.4 SiC Wafer Foundry Segment by Application
  2.4.1 Power Devices
  2.4.2 Optoelectronic Devices
  2.4.3 Others
2.5 SiC Wafer Foundry Market Size by Application
  2.5.1 SiC Wafer Foundry Market Size CAGR by Application (2019 VS 2023 VS 2030)
  2.5.2 Global SiC Wafer Foundry Market Size Market Share by Application (2019-2024)

3 SIC WAFER FOUNDRY MARKET SIZE BY PLAYER

3.1 SiC Wafer Foundry Market Size Market Share by Player
  3.1.1 Global SiC Wafer Foundry Revenue by Player (2019-2024)
  3.1.2 Global SiC Wafer Foundry Revenue Market Share by Player (2019-2024)
3.2 Global SiC Wafer Foundry Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
  3.3.1 Competition Landscape Analysis
  3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion

4 SIC WAFER FOUNDRY BY REGION

4.1 SiC Wafer Foundry Market Size by Region (2019-2024)
4.2 Global SiC Wafer Foundry Annual Revenue by Country/Region (2019-2024)
4.3 Americas SiC Wafer Foundry Market Size Growth (2019-2024)
4.4 APAC SiC Wafer Foundry Market Size Growth (2019-2024)
4.5 Europe SiC Wafer Foundry Market Size Growth (2019-2024)
4.6 Middle East & Africa SiC Wafer Foundry Market Size Growth (2019-2024)

5 AMERICAS

5.1 Americas SiC Wafer Foundry Market Size by Country (2019-2024)
5.2 Americas SiC Wafer Foundry Market Size by Type (2019-2024)
5.3 Americas SiC Wafer Foundry Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC

6.1 APAC SiC Wafer Foundry Market Size by Region (2019-2024)
6.2 APAC SiC Wafer Foundry Market Size by Type (2019-2024)
6.3 APAC SiC Wafer Foundry Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia

7 EUROPE

7.1 Europe SiC Wafer Foundry Market Size by Country (2019-2024)
7.2 Europe SiC Wafer Foundry Market Size by Type (2019-2024)
7.3 Europe SiC Wafer Foundry Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa SiC Wafer Foundry by Region (2019-2024)
8.2 Middle East & Africa SiC Wafer Foundry Market Size by Type (2019-2024)
8.3 Middle East & Africa SiC Wafer Foundry Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends

10 GLOBAL SIC WAFER FOUNDRY MARKET FORECAST

10.1 Global SiC Wafer Foundry Forecast by Region (2025-2030)
  10.1.1 Global SiC Wafer Foundry Forecast by Region (2025-2030)
  10.1.2 Americas SiC Wafer Foundry Forecast
  10.1.3 APAC SiC Wafer Foundry Forecast
  10.1.4 Europe SiC Wafer Foundry Forecast
  10.1.5 Middle East & Africa SiC Wafer Foundry Forecast
10.2 Americas SiC Wafer Foundry Forecast by Country (2025-2030)
  10.2.1 United States Market SiC Wafer Foundry Forecast
  10.2.2 Canada Market SiC Wafer Foundry Forecast
  10.2.3 Mexico Market SiC Wafer Foundry Forecast
  10.2.4 Brazil Market SiC Wafer Foundry Forecast
10.3 APAC SiC Wafer Foundry Forecast by Region (2025-2030)
  10.3.1 China SiC Wafer Foundry Market Forecast
  10.3.2 Japan Market SiC Wafer Foundry Forecast
  10.3.3 Korea Market SiC Wafer Foundry Forecast
  10.3.4 Southeast Asia Market SiC Wafer Foundry Forecast
  10.3.5 India Market SiC Wafer Foundry Forecast
  10.3.6 Australia Market SiC Wafer Foundry Forecast
10.4 Europe SiC Wafer Foundry Forecast by Country (2025-2030)
  10.4.1 Germany Market SiC Wafer Foundry Forecast
  10.4.2 France Market SiC Wafer Foundry Forecast
  10.4.3 UK Market SiC Wafer Foundry Forecast
  10.4.4 Italy Market SiC Wafer Foundry Forecast
  10.4.5 Russia Market SiC Wafer Foundry Forecast
10.5 Middle East & Africa SiC Wafer Foundry Forecast by Region (2025-2030)
  10.5.1 Egypt Market SiC Wafer Foundry Forecast
  10.5.2 South Africa Market SiC Wafer Foundry Forecast
  10.5.3 Israel Market SiC Wafer Foundry Forecast
  10.5.4 Turkey Market SiC Wafer Foundry Forecast
10.6 Global SiC Wafer Foundry Forecast by Type (2025-2030)
10.7 Global SiC Wafer Foundry Forecast by Application (2025-2030)
  10.7.1 GCC Countries Market SiC Wafer Foundry Forecast

11 KEY PLAYERS ANALYSIS

11.1 Episil
  11.1.1 Episil Company Information
  11.1.2 Episil SiC Wafer Foundry Product Offered
  11.1.3 Episil SiC Wafer Foundry Revenue, Gross Margin and Market Share (2019-2024)
  11.1.4 Episil Main Business Overview
  11.1.5 Episil Latest Developments
11.2 X-Fab
  11.2.1 X-Fab Company Information
  11.2.2 X-Fab SiC Wafer Foundry Product Offered
  11.2.3 X-Fab SiC Wafer Foundry Revenue, Gross Margin and Market Share (2019-2024)
  11.2.4 X-Fab Main Business Overview
  11.2.5 X-Fab Latest Developments
11.3 Clas-SiC Wafer Fab Ltd
  11.3.1 Clas-SiC Wafer Fab Ltd Company Information
  11.3.2 Clas-SiC Wafer Fab Ltd SiC Wafer Foundry Product Offered
  11.3.3 Clas-SiC Wafer Fab Ltd SiC Wafer Foundry Revenue, Gross Margin and Market Share (2019-2024)
  11.3.4 Clas-SiC Wafer Fab Ltd Main Business Overview
  11.3.5 Clas-SiC Wafer Fab Ltd Latest Developments
11.4 UMC
  11.4.1 UMC Company Information
  11.4.2 UMC SiC Wafer Foundry Product Offered
  11.4.3 UMC SiC Wafer Foundry Revenue, Gross Margin and Market Share (2019-2024)
  11.4.4 UMC Main Business Overview
  11.4.5 UMC Latest Developments

12 RESEARCH FINDINGS AND CONCLUSION

List Of Tables

LIST OF TABLES

Table 1. SiC Wafer Foundry Market Size CAGR by Region (2019 VS 2023 VS 2030) & ($ millions)
Table 2. SiC Wafer Foundry Annual Sales CAGR by Country/Region (2019, 2023 & 2030) & ($ millions)
Table 3. Major Players of 4 Inch
Table 4. Major Players of 6 Inch
Table 5. Major Players of 8 Inch
Table 6. SiC Wafer Foundry Market Size CAGR by Type (2019 VS 2023 VS 2030) & ($ millions)
Table 7. Global SiC Wafer Foundry Market Size by Type (2019-2024) & ($ millions)
Table 8. Global SiC Wafer Foundry Market Size Market Share by Type (2019-2024)
Table 9. SiC Wafer Foundry Market Size CAGR by Application (2019 VS 2023 VS 2030) & ($ millions)
Table 10. Global SiC Wafer Foundry Market Size by Application (2019-2024) & ($ millions)
Table 11. Global SiC Wafer Foundry Market Size Market Share by Application (2019-2024)
Table 12. Global SiC Wafer Foundry Revenue by Player (2019-2024) & ($ millions)
Table 13. Global SiC Wafer Foundry Revenue Market Share by Player (2019-2024)
Table 14. SiC Wafer Foundry Key Players Head office and Products Offered
Table 15. SiC Wafer Foundry Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
Table 16. New Products and Potential Entrants
Table 17. Mergers & Acquisitions, Expansion
Table 18. Global SiC Wafer Foundry Market Size by Region (2019-2024) & ($ millions)
Table 19. Global SiC Wafer Foundry Market Size Market Share by Region (2019-2024)
Table 20. Global SiC Wafer Foundry Revenue by Country/Region (2019-2024) & ($ millions)
Table 21. Global SiC Wafer Foundry Revenue Market Share by Country/Region (2019-2024)
Table 22. Americas SiC Wafer Foundry Market Size by Country (2019-2024) & ($ millions)
Table 23. Americas SiC Wafer Foundry Market Size Market Share by Country (2019-2024)
Table 24. Americas SiC Wafer Foundry Market Size by Type (2019-2024) & ($ millions)
Table 25. Americas SiC Wafer Foundry Market Size Market Share by Type (2019-2024)
Table 26. Americas SiC Wafer Foundry Market Size by Application (2019-2024) & ($ millions)
Table 27. Americas SiC Wafer Foundry Market Size Market Share by Application (2019-2024)
Table 28. APAC SiC Wafer Foundry Market Size by Region (2019-2024) & ($ millions)
Table 29. APAC SiC Wafer Foundry Market Size Market Share by Region (2019-2024)
Table 30. APAC SiC Wafer Foundry Market Size by Type (2019-2024) & ($ millions)
Table 31. APAC SiC Wafer Foundry Market Size by Application (2019-2024) & ($ millions)
Table 32. Europe SiC Wafer Foundry Market Size by Country (2019-2024) & ($ millions)
Table 33. Europe SiC Wafer Foundry Market Size Market Share by Country (2019-2024)
Table 34. Europe SiC Wafer Foundry Market Size by Type (2019-2024) & ($ millions)
Table 35. Europe SiC Wafer Foundry Market Size by Application (2019-2024) & ($ millions)
Table 36. Middle East & Africa SiC Wafer Foundry Market Size by Region (2019-2024) & ($ millions)
Table 37. Middle East & Africa SiC Wafer Foundry Market Size by Type (2019-2024) & ($ millions)
Table 38. Middle East & Africa SiC Wafer Foundry Market Size by Application (2019-2024) & ($ millions)
Table 39. Key Market Drivers & Growth Opportunities of SiC Wafer Foundry
Table 40. Key Market Challenges & Risks of SiC Wafer Foundry
Table 41. Key Industry Trends of SiC Wafer Foundry
Table 42. Global SiC Wafer Foundry Market Size Forecast by Region (2025-2030) & ($ millions)
Table 43. Global SiC Wafer Foundry Market Size Market Share Forecast by Region (2025-2030)
Table 44. Global SiC Wafer Foundry Market Size Forecast by Type (2025-2030) & ($ millions)
Table 45. Global SiC Wafer Foundry Market Size Forecast by Application (2025-2030) & ($ millions)
Table 46. Episil Details, Company Type, SiC Wafer Foundry Area Served and Its Competitors
Table 47. Episil SiC Wafer Foundry Product Offered
Table 48. Episil SiC Wafer Foundry Revenue ($ million), Gross Margin and Market Share (2019-2024)
Table 49. Episil Main Business
Table 50. Episil Latest Developments
Table 51. X-Fab Details, Company Type, SiC Wafer Foundry Area Served and Its Competitors
Table 52. X-Fab SiC Wafer Foundry Product Offered
Table 53. X-Fab SiC Wafer Foundry Revenue ($ million), Gross Margin and Market Share (2019-2024)
Table 54. X-Fab Main Business
Table 55. X-Fab Latest Developments
Table 56. Clas-SiC Wafer Fab Ltd Details, Company Type, SiC Wafer Foundry Area Served and Its Competitors
Table 57. Clas-SiC Wafer Fab Ltd SiC Wafer Foundry Product Offered
Table 58. Clas-SiC Wafer Fab Ltd SiC Wafer Foundry Revenue ($ million), Gross Margin and Market Share (2019-2024)
Table 59. Clas-SiC Wafer Fab Ltd Main Business
Table 60. Clas-SiC Wafer Fab Ltd Latest Developments
Table 61. UMC Details, Company Type, SiC Wafer Foundry Area Served and Its Competitors
Table 62. UMC SiC Wafer Foundry Product Offered
Table 63. UMC SiC Wafer Foundry Revenue ($ million), Gross Margin and Market Share (2019-2024)
Table 64. UMC Main Business
Table 65. UMC Latest Developments

List Of Figures

LIST OF FIGURES

Figure 1. SiC Wafer Foundry Report Years Considered
Figure 2. Research Objectives
Figure 3. Research Methodology
Figure 4. Research Process and Data Source
Figure 5. Global SiC Wafer Foundry Market Size Growth Rate 2019-2030 ($ millions)
Figure 6. SiC Wafer Foundry Sales by Geographic Region (2019, 2023 & 2030) & ($ millions)
Figure 7. SiC Wafer Foundry Sales Market Share by Country/Region (2023)
Figure 8. SiC Wafer Foundry Sales Market Share by Country/Region (2019, 2023 & 2030)
Figure 9. Global SiC Wafer Foundry Market Size Market Share by Type in 2023
Figure 10. SiC Wafer Foundry in Power Devices
Figure 11. Global SiC Wafer Foundry Market: Power Devices (2019-2024) & ($ millions)
Figure 12. SiC Wafer Foundry in Optoelectronic Devices
Figure 13. Global SiC Wafer Foundry Market: Optoelectronic Devices (2019-2024) & ($ millions)
Figure 14. SiC Wafer Foundry in Others
Figure 15. Global SiC Wafer Foundry Market: Others (2019-2024) & ($ millions)
Figure 16. Global SiC Wafer Foundry Market Size Market Share by Application in 2023
Figure 17. Global SiC Wafer Foundry Revenue Market Share by Player in 2023
Figure 18. Global SiC Wafer Foundry Market Size Market Share by Region (2019-2024)
Figure 19. Americas SiC Wafer Foundry Market Size 2019-2024 ($ millions)
Figure 20. APAC SiC Wafer Foundry Market Size 2019-2024 ($ millions)
Figure 21. Europe SiC Wafer Foundry Market Size 2019-2024 ($ millions)
Figure 22. Middle East & Africa SiC Wafer Foundry Market Size 2019-2024 ($ millions)
Figure 23. Americas SiC Wafer Foundry Value Market Share by Country in 2023
Figure 24. United States SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 25. Canada SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 26. Mexico SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 27. Brazil SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 28. APAC SiC Wafer Foundry Market Size Market Share by Region in 2023
Figure 29. APAC SiC Wafer Foundry Market Size Market Share by Type (2019-2024)
Figure 30. APAC SiC Wafer Foundry Market Size Market Share by Application (2019-2024)
Figure 31. China SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 32. Japan SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 33. South Korea SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 34. Southeast Asia SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 35. India SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 36. Australia SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 37. Europe SiC Wafer Foundry Market Size Market Share by Country in 2023
Figure 38. Europe SiC Wafer Foundry Market Size Market Share by Type (2019-2024)
Figure 39. Europe SiC Wafer Foundry Market Size Market Share by Application (2019-2024)
Figure 40. Germany SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 41. France SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 42. UK SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 43. Italy SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 44. Russia SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 45. Middle East & Africa SiC Wafer Foundry Market Size Market Share by Region (2019-2024)
Figure 46. Middle East & Africa SiC Wafer Foundry Market Size Market Share by Type (2019-2024)
Figure 47. Middle East & Africa SiC Wafer Foundry Market Size Market Share by Application (2019-2024)
Figure 48. Egypt SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 49. South Africa SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 50. Israel SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 51. Turkey SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 52. GCC Countries SiC Wafer Foundry Market Size Growth 2019-2024 ($ millions)
Figure 53. Americas SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 54. APAC SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 55. Europe SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 56. Middle East & Africa SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 57. United States SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 58. Canada SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 59. Mexico SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 60. Brazil SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 61. China SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 62. Japan SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 63. Korea SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 64. Southeast Asia SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 65. India SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 66. Australia SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 67. Germany SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 68. France SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 69. UK SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 70. Italy SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 71. Russia SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 72. Egypt SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 73. South Africa SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 74. Israel SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 75. Turkey SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 76. GCC Countries SiC Wafer Foundry Market Size 2025-2030 ($ millions)
Figure 77. Global SiC Wafer Foundry Market Size Market Share Forecast by Type (2025-2030)
Figure 78. Global SiC Wafer Foundry Market Size Market Share Forecast by Application (2025-2030)