세계의 SiC 기판 : 시장 점유율과 순위, 전체 판매량 및 수요 예측(2025-2031년)

The global market for SiC Substrates was estimated to be worth US$ 1015 million in 2024 and is forecast to a readjusted size of US$ 2666 million by 2031 with a CAGR of 14.6% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on SiC Substrates cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Silicon carbide (SiC) substrates are the core foundation of third-generation semiconductor materials, grown from silicon carbide single crystals. They feature a wide bandgap (3.26 eV), high critical breakdown field strength (3 MV/cm), and high thermal conductivity (4.9 W/cm*K), making them suitable for high-temperature, high-frequency, and high-power applications. Their primary function is to serve as the physical substrate for SiC power devices (such as MOSFETs and diodes), with functional layers formed through epitaxial growth.

The boom in new energy vehicles: The widespread adoption of 800V high-voltage platforms is driving the penetration rate of silicon carbide main drive inverters from 15% in 2023 to 45% in 2026, with models such as the Xpeng G6 and Zeekr X already featuring them as standard equipment.

Photovoltaic energy storage revolution: Huawei's 200kW string inverter adopts a fully silicon carbide solution, achieving an efficiency of 99.1%, an improvement of 0.8 percentage points over silicon-based IGBTs; CATL's energy storage system incorporates silicon carbide DC/DC converters, reducing volume by 40%.

Strong Policy Support: China offers a 30% procurement subsidy for domestically produced equipment such as crystal growth furnaces and ion implanters; the U.S. CHIPS Act provides funding support for silicon carbide projects (though there is uncertainty regarding the policy beyond 2025).

Technical breakthrough directions

Size upgrade: The cost per wafer for 8-inch substrates is 35% lower than for 6-inch substrates. Companies like Wolfspeed and TianYue Advanced have achieved mass production, but the global average yield rate remains below 50%. Breakthroughs are needed in crystal growth efficiency (reducing the PVT method cycle from 100 hours to 70 hours) and microchannel density (<0.5 cm-2).

Material Innovation:

Liquid Phase Epitaxy (LPE): Tianyue Advanced has increased growth speed by 3 times using LPE, with yield rates approaching international standards.

Heterogeneous Integration: Coherent has developed SiC/GaN heterogeneous integration technology, achieving efficiency breakthroughs exceeding 90% in 5G base stations.

As the "foundational material" of the energy revolution, SiC substrates are transitioning from the technology validation phase to a period of scaled-up production. Despite challenges such as equipment dependency and yield bottlenecks, 8-inch mass production, material innovation, and policy support will drive rapid industry growth. Over the next five years, Chinese manufacturers are expected to leverage cost advantages and capacity expansion to gradually break the monopoly held by Western countries and become a core force in the global SiC supply chain.

This report aims to provide a comprehensive presentation of the global market for SiC Substrates, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of SiC Substrates by region & country, by Inch, and by Application.

The SiC Substrates market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SiC Substrates.

Market Segmentation

By Company

• Cree (Wolfspeed)
• II-VI Advanced Materials
• TankeBlue Semiconductor
• SICC Materials
• JSG
• Semisic
• Hebei Synlight Crystal
• Norstel
• ROHM
• SK Siltron

Segment by Inch

• 4 Inch
• 6 Inch
• 8 Inch

Segment by Application

• Power component
• RF device
• Others

By Region

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia-Pacific
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Netherlands
  • Nordic Countries
  • Rest of Europe
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of SiC Substrates manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Inch, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of SiC Substrates in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of SiC Substrates in country level. It provides sigmate data by Inch, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

• 1.1 SiC Substrates Product Introduction
• 1.2 Global SiC Substrates Market Size Forecast
  • 1.2.1 Global SiC Substrates Sales Value (2020-2031)
  • 1.2.2 Global SiC Substrates Sales Volume (2020-2031)
  • 1.2.3 Global SiC Substrates Sales Price (2020-2031)
• 1.3 SiC Substrates Market Trends & Drivers
  • 1.3.1 SiC Substrates Industry Trends
  • 1.3.2 SiC Substrates Market Drivers & Opportunity
  • 1.3.3 SiC Substrates Market Challenges
  • 1.3.4 SiC Substrates Market Restraints
• 1.4 Assumptions and Limitations
• 1.5 Study Objectives
• 1.6 Years Considered

2 Competitive Analysis by Company

• 2.1 Global SiC Substrates Players Revenue Ranking (2024)
• 2.2 Global SiC Substrates Revenue by Company (2020-2025)
• 2.3 Global SiC Substrates Players Sales Volume Ranking (2024)
• 2.4 Global SiC Substrates Sales Volume by Company Players (2020-2025)
• 2.5 Global SiC Substrates Average Price by Company (2020-2025)
• 2.6 Key Manufacturers SiC Substrates Manufacturing Base and Headquarters
• 2.7 Key Manufacturers SiC Substrates Product Offered
• 2.8 Key Manufacturers Time to Begin Mass Production of SiC Substrates
• 2.9 SiC Substrates Market Competitive Analysis
  • 2.9.1 SiC Substrates Market Concentration Rate (2020-2025)
  • 2.9.2 Global 5 and 10 Largest Manufacturers by SiC Substrates Revenue in 2024
  • 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in SiC Substrates as of 2024)
• 2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Inch

• 3.1 Introduction by Inch
  • 3.1.1 4 Inch
  • 3.1.2 6 Inch
  • 3.1.3 8 Inch
• 3.2 Global SiC Substrates Sales Value by Inch
  • 3.2.1 Global SiC Substrates Sales Value by Inch (2020 VS 2024 VS 2031)
  • 3.2.2 Global SiC Substrates Sales Value, by Inch (2020-2031)
  • 3.2.3 Global SiC Substrates Sales Value, by Inch (%) (2020-2031)
• 3.3 Global SiC Substrates Sales Volume by Inch
  • 3.3.1 Global SiC Substrates Sales Volume by Inch (2020 VS 2024 VS 2031)
  • 3.3.2 Global SiC Substrates Sales Volume, by Inch (2020-2031)
  • 3.3.3 Global SiC Substrates Sales Volume, by Inch (%) (2020-2031)
• 3.4 Global SiC Substrates Average Price by Inch (2020-2031)

4 Segmentation by Application

• 4.1 Introduction by Application
  • 4.1.1 Power component
  • 4.1.2 RF device
  • 4.1.3 Others
• 4.2 Global SiC Substrates Sales Value by Application
  • 4.2.1 Global SiC Substrates Sales Value by Application (2020 VS 2024 VS 2031)
  • 4.2.2 Global SiC Substrates Sales Value, by Application (2020-2031)
  • 4.2.3 Global SiC Substrates Sales Value, by Application (%) (2020-2031)
• 4.3 Global SiC Substrates Sales Volume by Application
  • 4.3.1 Global SiC Substrates Sales Volume by Application (2020 VS 2024 VS 2031)
  • 4.3.2 Global SiC Substrates Sales Volume, by Application (2020-2031)
  • 4.3.3 Global SiC Substrates Sales Volume, by Application (%) (2020-2031)
• 4.4 Global SiC Substrates Average Price by Application (2020-2031)

5 Segmentation by Region

• 5.1 Global SiC Substrates Sales Value by Region
  • 5.1.1 Global SiC Substrates Sales Value by Region: 2020 VS 2024 VS 2031
  • 5.1.2 Global SiC Substrates Sales Value by Region (2020-2025)
  • 5.1.3 Global SiC Substrates Sales Value by Region (2026-2031)
  • 5.1.4 Global SiC Substrates Sales Value by Region (%), (2020-2031)
• 5.2 Global SiC Substrates Sales Volume by Region
  • 5.2.1 Global SiC Substrates Sales Volume by Region: 2020 VS 2024 VS 2031
  • 5.2.2 Global SiC Substrates Sales Volume by Region (2020-2025)
  • 5.2.3 Global SiC Substrates Sales Volume by Region (2026-2031)
  • 5.2.4 Global SiC Substrates Sales Volume by Region (%), (2020-2031)
• 5.3 Global SiC Substrates Average Price by Region (2020-2031)
• 5.4 North America
  • 5.4.1 North America SiC Substrates Sales Value, 2020-2031
  • 5.4.2 North America SiC Substrates Sales Value by Country (%), 2024 VS 2031
• 5.5 Europe
  • 5.5.1 Europe SiC Substrates Sales Value, 2020-2031
  • 5.5.2 Europe SiC Substrates Sales Value by Country (%), 2024 VS 2031
• 5.6 Asia Pacific
  • 5.6.1 Asia Pacific SiC Substrates Sales Value, 2020-2031
  • 5.6.2 Asia Pacific SiC Substrates Sales Value by Region (%), 2024 VS 2031
• 5.7 South America
  • 5.7.1 South America SiC Substrates Sales Value, 2020-2031
  • 5.7.2 South America SiC Substrates Sales Value by Country (%), 2024 VS 2031
• 5.8 Middle East & Africa
  • 5.8.1 Middle East & Africa SiC Substrates Sales Value, 2020-2031
  • 5.8.2 Middle East & Africa SiC Substrates Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

• 6.1 Key Countries/Regions SiC Substrates Sales Value Growth Trends, 2020 VS 2024 VS 2031
• 6.2 Key Countries/Regions SiC Substrates Sales Value and Sales Volume
  • 6.2.1 Key Countries/Regions SiC Substrates Sales Value, 2020-2031
  • 6.2.2 Key Countries/Regions SiC Substrates Sales Volume, 2020-2031
• 6.3 United States
  • 6.3.1 United States SiC Substrates Sales Value, 2020-2031
  • 6.3.2 United States SiC Substrates Sales Value by Inch (%), 2024 VS 2031
  • 6.3.3 United States SiC Substrates Sales Value by Application, 2024 VS 2031
• 6.4 Europe
  • 6.4.1 Europe SiC Substrates Sales Value, 2020-2031
  • 6.4.2 Europe SiC Substrates Sales Value by Inch (%), 2024 VS 2031
  • 6.4.3 Europe SiC Substrates Sales Value by Application, 2024 VS 2031
• 6.5 China
  • 6.5.1 China SiC Substrates Sales Value, 2020-2031
  • 6.5.2 China SiC Substrates Sales Value by Inch (%), 2024 VS 2031
  • 6.5.3 China SiC Substrates Sales Value by Application, 2024 VS 2031
• 6.6 Japan
  • 6.6.1 Japan SiC Substrates Sales Value, 2020-2031
  • 6.6.2 Japan SiC Substrates Sales Value by Inch (%), 2024 VS 2031
  • 6.6.3 Japan SiC Substrates Sales Value by Application, 2024 VS 2031
• 6.7 South Korea
  • 6.7.1 South Korea SiC Substrates Sales Value, 2020-2031
  • 6.7.2 South Korea SiC Substrates Sales Value by Inch (%), 2024 VS 2031
  • 6.7.3 South Korea SiC Substrates Sales Value by Application, 2024 VS 2031
• 6.8 Southeast Asia
  • 6.8.1 Southeast Asia SiC Substrates Sales Value, 2020-2031
  • 6.8.2 Southeast Asia SiC Substrates Sales Value by Inch (%), 2024 VS 2031
  • 6.8.3 Southeast Asia SiC Substrates Sales Value by Application, 2024 VS 2031
• 6.9 India
  • 6.9.1 India SiC Substrates Sales Value, 2020-2031
  • 6.9.2 India SiC Substrates Sales Value by Inch (%), 2024 VS 2031
  • 6.9.3 India SiC Substrates Sales Value by Application, 2024 VS 2031

7 Company Profiles

• 7.1 Cree (Wolfspeed)
  • 7.1.1 Cree (Wolfspeed) Company Information
  • 7.1.2 Cree (Wolfspeed) Introduction and Business Overview
  • 7.1.3 Cree (Wolfspeed) SiC Substrates Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.1.4 Cree (Wolfspeed) SiC Substrates Product Offerings
  • 7.1.5 Cree (Wolfspeed) Recent Development
• 7.2 II-VI Advanced Materials
  • 7.2.1 II-VI Advanced Materials Company Information
  • 7.2.2 II-VI Advanced Materials Introduction and Business Overview
  • 7.2.3 II-VI Advanced Materials SiC Substrates Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.2.4 II-VI Advanced Materials SiC Substrates Product Offerings
  • 7.2.5 II-VI Advanced Materials Recent Development
• 7.3 TankeBlue Semiconductor
  • 7.3.1 TankeBlue Semiconductor Company Information
  • 7.3.2 TankeBlue Semiconductor Introduction and Business Overview
  • 7.3.3 TankeBlue Semiconductor SiC Substrates Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.3.4 TankeBlue Semiconductor SiC Substrates Product Offerings
  • 7.3.5 TankeBlue Semiconductor Recent Development
• 7.4 SICC Materials
  • 7.4.1 SICC Materials Company Information
  • 7.4.2 SICC Materials Introduction and Business Overview
  • 7.4.3 SICC Materials SiC Substrates Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.4.4 SICC Materials SiC Substrates Product Offerings
  • 7.4.5 SICC Materials Recent Development
• 7.5 JSG
  • 7.5.1 JSG Company Information
  • 7.5.2 JSG Introduction and Business Overview
  • 7.5.3 JSG SiC Substrates Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.5.4 JSG SiC Substrates Product Offerings
  • 7.5.5 JSG Recent Development
• 7.6 Semisic
  • 7.6.1 Semisic Company Information
  • 7.6.2 Semisic Introduction and Business Overview
  • 7.6.3 Semisic SiC Substrates Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.6.4 Semisic SiC Substrates Product Offerings
  • 7.6.5 Semisic Recent Development
• 7.7 Hebei Synlight Crystal
  • 7.7.1 Hebei Synlight Crystal Company Information
  • 7.7.2 Hebei Synlight Crystal Introduction and Business Overview
  • 7.7.3 Hebei Synlight Crystal SiC Substrates Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.7.4 Hebei Synlight Crystal SiC Substrates Product Offerings
  • 7.7.5 Hebei Synlight Crystal Recent Development
• 7.8 Norstel
  • 7.8.1 Norstel Company Information
  • 7.8.2 Norstel Introduction and Business Overview
  • 7.8.3 Norstel SiC Substrates Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.8.4 Norstel SiC Substrates Product Offerings
  • 7.8.5 Norstel Recent Development
• 7.9 ROHM
  • 7.9.1 ROHM Company Information
  • 7.9.2 ROHM Introduction and Business Overview
  • 7.9.3 ROHM SiC Substrates Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.9.4 ROHM SiC Substrates Product Offerings
  • 7.9.5 ROHM Recent Development
• 7.10 SK Siltron
  • 7.10.1 SK Siltron Company Information
  • 7.10.2 SK Siltron Introduction and Business Overview
  • 7.10.3 SK Siltron SiC Substrates Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.10.4 SK Siltron SiC Substrates Product Offerings
  • 7.10.5 SK Siltron Recent Development

8 Industry Chain Analysis

• 8.1 SiC Substrates Industrial Chain
• 8.2 SiC Substrates Upstream Analysis
  • 8.2.1 Key Raw Materials
  • 8.2.2 Raw Materials Key Suppliers
  • 8.2.3 Manufacturing Cost Structure
• 8.3 Midstream Analysis
• 8.4 Downstream Analysis (Customers Analysis)
• 8.5 Sales Model and Sales Channels
  • 8.5.1 SiC Substrates Sales Model
  • 8.5.2 Sales Channel
  • 8.5.3 SiC Substrates Distributors

9 Research Findings and Conclusion

10 Appendix

• 10.1 Research Methodology
  • 10.1.1 Methodology/Research Approach
    • 10.1.1.1 Research Programs/Design
    • 10.1.1.2 Market Size Estimation
    • 10.1.1.3 Market Breakdown and Data Triangulation
  • 10.1.2 Data Source
    • 10.1.2.1 Secondary Sources
    • 10.1.2.2 Primary Sources
• 10.2 Author Details
• 10.3 Disclaimer