탄화규소 시장 예측 : 제품별, 디바이스 유형별, 그레이드별, 웨이퍼 사이즈별, 결정 구조별, 용도별, 최종 사용자별, 지역별 분석(-2030년)

According to Stratistics MRC, the Global Silicon Carbide Market is accounted for $1.74 billion in 2024 and is expected to reach $5.11 billion by 2030 growing at a CAGR of 19.7% during the forecast period. Silicon carbide (SiC) is a compound comprised of silicon and carbon atoms, characterized by its remarkable properties suitable for various industrial applications. It exists in several crystalline structures, with the most common being hexagonal. SiC exhibits exceptional hardness, making it ideal for abrasive materials in grinding, cutting, and polishing applications. Its high thermal conductivity and resistance to thermal shock make it valuable in refractory materials and high-temperature applications, such as furnace components and ceramic kiln furniture.

According to the World Semiconductor Trade Statistics (WSTS), the revenue of the global semiconductor market is expected to register USD 588.36 billion, 13.12% higher than USD 520.13 billion in 2023.

Market Dynamics:

Driver:

Increasing focus on energy efficiency and power density

As industries seek greener and more efficient solutions, SiC emerges as a promising alternative to traditional silicon-based semiconductors. SiC's superior properties, including higher thermal conductivity, lower power losses, and higher breakdown voltage, enable devices to operate at higher temperatures and voltages while maintaining efficiency. This translates into smaller, lighter, and more efficient electronic components across various applications, from electric vehicles to renewable energy systems.

Restraint:

High production costs

SiC, known for its exceptional properties like high thermal conductivity and durability, finds applications across various industries such as electronics, automotive, and energy. However, the complex manufacturing process involved in producing SiC materials, including high-temperature synthesis and stringent quality control measures, contributes to elevated production expenses. As a result, manufacturers face difficulties in achieving competitive pricing for SiC products, hindering market expansion and adoption.

Opportunity:

Advancements in manufacturing technologies

Advancements in manufacturing technologies are catalyzing significant enhancements in the Silicon Carbide (SiC) market. SiC, known for its exceptional thermal conductivity, high breakdown voltage, and low power losses, is a key material in semiconductor applications. The evolution of manufacturing techniques, such as advanced doping methods and crystal growth processes, has led to improved material quality, higher yield rates, and reduced costs in SiC production. Additionally, innovations in fabrication technologies enable the development of SiC-based devices with higher power density, increased efficiency, and enhanced reliability.

Threat:

Lack of standardization

The Silicon Carbide (SiC) market faces significant hurdles due to the lack of standardization. This absence impedes widespread adoption and efficient utilization of SiC-based technologies across various industries. Without standardized specifications for SiC materials, devices, and manufacturing processes, there's a lack of uniformity in product quality, performance, and compatibility. This variance complicates supply chains, increases production costs, and undermines confidence in the technology's reliability. However, without standardized testing methodologies, evaluating and comparing different SiC products becomes challenging for consumers and businesses alike.

Covid-19 Impact:

Initially, the disruption in the global supply chain led to shortages of raw materials and hindered manufacturing processes, causing production delays and escalating costs. Widespread lockdowns and economic uncertainties reduced demand from various end-user industries such as automotive, electronics, and energy, which are significant consumers of silicon carbide products. However, the pandemic also accelerated certain trends, such as the shift towards electric vehicles and renewable energy sources, driving up demand for silicon carbide in applications like power electronics and solar inverters.

The Black Silicon Carbide segment is expected to be the largest during the forecast period

Black Silicon Carbide segment is expected to be the largest during the forecast period due to its high purity and abrasive properties. Its superior hardness and thermal conductivity make it an ideal material for abrasive tools, refractory linings, and semiconductor manufacturing. Black silicon carbide offers enhanced durability and resistance to high temperatures, making it indispensable in demanding environments where traditional materials falter. Additionally, its growing usage in photovoltaic applications, particularly in solar panel production, is further propelling its market demand.

The Flame Detectors segment is expected to have the highest CAGR during the forecast period

Flame Detectors segment is expected to have the highest CAGR during the forecast period as these detectors utilize SiC's exceptional thermal conductivity and high-temperature stability to accurately sense flames and prevent potential hazards. SiC's superior electrical properties enable the development of highly sensitive and responsive flame detection systems. As industries increasingly prioritize safety and efficiency, the demand for reliable flame detection solutions continues to rise, propelling the growth of the Silicon Carbide Market.

Region with largest share:

Asia Pacific region commanded the largest share of the market over the extrapolated period as Silicon carbide (SiC) is increasingly favored in energy storage applications due to its high breakdown voltage and low power losses, making it ideal for high-power and high-temperature environments. As countries in Asia Pacific ramp up their efforts to integrate renewable energy sources and build more efficient grid infrastructure, the need for advanced energy storage solutions becomes paramount. SiC's ability to enhance the performance and efficiency of energy storage systems, such as lithium-ion batteries and power electronics, positions it as a key enabler in meeting these regional demands.

Region with highest CAGR:

Europe region is projected to hold profitable growth during the estimation period. As part of the European Union's commitment to sustainability and reducing greenhouse gas emissions, strict regulations have been imposed on industries, particularly in automotive and energy sectors, to transition towards cleaner technologies. European governments are incentivizing the adoption of SiC-based devices through grants, subsidies, and mandates, driving demand for SiC products. Additionally, regulations promoting electric vehicle adoption are accelerating the regional demand for SiC-based power electronics in automotive applications, further bolstering the market.

Key players in the market

Some of the key players in Silicon Carbide market include Monolith Semiconductor Inc, China Southern Advanced Ceramic Technology Co., Ltd, CeramTec GmbH, Momentive Performance Materials Inc, Pallidus, Inc, Dow Chemical Company, Nippon Steel Corporation, Saint-Gobain Ceramics, SICC Materials Co., Ltd, Global Power Technologies Group, TankeBlue Semiconductor Co., Ltd, Microchip Technology Inc, AGSCO Corporation, Renesas Electronics Corporation and Toshiba Corporation.

Key Developments:

In October 2023, Denso Corporation announced an investment of USD 500 million in Silicon Carbide LLC, Coherent Corp.'s silicon carbide (SiC) business, to ensure a long-term stable procurement of SiC wafers to enhance the competitiveness of its electrification components.

In May 2023, Saint-Gobain NORPRO, a business unit of Saint-Gobain Ceramics, announced the acquisition of 50.1% shares in SICAT GmbH & Co. KG, which manufactures beta silicon carbide and carbon catalyst supports. This acquisition was made to enable Saint-Gobain NORPRO to extend its carrier offerings within biofuel and clean energy spaces by adding beta SiC and Carbon products to its product portfolio.

In September 2022, SK Siltron, a global maker of semiconductor wafers, announced that it would invest USD 1.65 billion by 2026 and allocate USD 0.7 billion to build new wafer manufacturing in Gumi National Industrial Complex.

In March 2022, Microchip Technology, a leading provider of microcontroller, mixed-signal, analog, and Flash-IP solutions, announced the launch of 3.3 kV Silicon Carbide (SiC) power devices, which provide high efficiency and reliability and have the lowest resistance, helping customers to move to high-voltage SiC with speed and ease. These devices are small, light, provide more efficient power solutions, and help in electrified transportation, renewable energy, aerospace, and other industrial applications.

Products Covered:

• Black Silicon Carbide
• Green Silicon Carbide

Device Types Covered:

• SIC Discrete Device
• SIC Module
• SIC Bare Die

Grades Covered:

• Metallurgical Grade
• Refractory Grade

Wafer Sizes Covered:

• 2 Inch
• 4 Inch
• 6 Inch and Above

Crystal Structures Covered:

• Rhombohedral (15R-SiC)
• Wurtzite (4H-SiC)
• Wurtzite (6H-SiC)
• Zinc Blende (3C-SiC)

Applications Covered:

• Electronic Combat Systems
• Flame Detectors
• Industrial Motor Drives
• Lighting Control Systems
• Pyrometer
• Solar Power Systems
• Wind Turbine
• Other Applications

End Users Covered:

• Aerospace & Defense
• Chemical
• Automotive
• Energy & Power
• Healthcare
• Telecommunication
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Silicon Carbide Market, By Product

• 5.1 Introduction
• 5.2 Black Silicon Carbide
• 5.3 Green Silicon Carbide

6 Global Silicon Carbide Market, By Device Type

• 6.1 Introduction
• 6.2 SIC Discrete Device
• 6.3 SIC Module
• 6.4 SIC Bare Die

7 Global Silicon Carbide Market, By Grade

• 7.1 Introduction
• 7.2 Metallurgical Grade
• 7.3 Refractory Grade

8 Global Silicon Carbide Market, By Wafer Size

• 8.1 Introduction
• 8.2 2 Inch
• 8.3 4 Inch
• 8.4 6 Inch and Above

9 Global Silicon Carbide Market, By Crystal Structure

• 9.1 Introduction
• 9.2 Rhombohedral (15R-SiC)
• 9.3 Wurtzite (4H-SiC)
• 9.4 Wurtzite (6H-SiC)
• 9.5 Zinc Blende (3C-SiC)

10 Global Silicon Carbide Market, By Application

• 10.1 Introduction
• 10.2 Electronic Combat Systems
• 10.3 Flame Detectors
• 10.4 Industrial Motor Drives
• 10.5 Lighting Control Systems
• 10.6 Pyrometer
• 10.7 Solar Power Systems
• 10.8 Wind Turbine
• 10.9 Other Applications

11 Global Silicon Carbide Market, By End User

• 11.1 Introduction
• 11.2 Aerospace & Defense
• 11.3 Chemical
• 11.4 Automotive
• 11.5 Energy & Power
• 11.6 Healthcare
• 11.7 Telecommunication
• 11.8 Other End Users

12 Global Silicon Carbide Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Monolith Semiconductor Inc
• 14.2 China Southern Advanced Ceramic Technology Co., Ltd
• 14.3 CeramTec GmbH
• 14.4 Momentive Performance Materials Inc
• 14.5 Pallidus, Inc
• 14.6 Dow Chemical Company
• 14.7 Nippon Steel Corporation
• 14.8 Saint-Gobain Ceramics
• 14.9 SICC Materials Co., Ltd
• 14.10 Global Power Technologies Group
• 14.11 TankeBlue Semiconductor Co., Ltd
• 14.12 Microchip Technology Inc
• 14.13 AGSCO Corporation
• 14.14 Renesas Electronics Corporation
• 14.15 Toshiba Corporation