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India Silicon Carbide (SiC) Market – Industry Trends, Share, Scope, Growth, and Forecast (2025–2035)

Introduction

The India silicon carbide (SiC) market encompasses SiC powders, wafers, substrates, discrete power devices (MOSFETs, diodes), and integrated modules used in electric vehicles (EVs), renewable energy systems, industrial drives, aerospace, and defense electronics. SiC is valued for its high thermal conductivity, wide bandgap, and ability to operate at high voltages and temperatures, making it a key enabler of efficient power conversion and miniaturized designs.

Market Overview

India’s SiC market is gaining momentum, driven by EV adoption, solar-plus-storage systems, industrial electrification, and national programs to build a domestic semiconductor ecosystem. Technical SiC (abrasives, refractories) remains relevant, but electronic-grade SiC is expanding rapidly. Recent policy measures (PLI schemes for semiconductors, EV subsidies, and Make in India initiatives) are encouraging local device assembly, wafer processing, and R&D partnerships.

Data Bridge Market Research estimates that the India SiC market could reach USD 275 million by 2030, growing at a CAGR of 12–14% between 2025 and 2035.

“Power devices” account for the most prominent product category due to surging EV traction inverters and solar inverters. The market report prepared by Data Bridge Market Research integrates deep expert insights, trade data, pricing assessments, and value-chain analysis.

• The India silicon carbide (SiC) market size was valued at USD 45.81 million in 2024 and is expected to reach USD 104.07 million by 2032, at a CAGR of 10.8% during the forecast period
• The market growth is largely fuelled by the increasing demand for energy-efficient power electronics, expansion of the electric vehicle (EV) sector, and the rising adoption of renewable energy technologies
• The ongoing advancements in semiconductor fabrication and the increasing presence of global and domestic players in India's power electronics market are further accelerating the adoption of SiC materials across automotive, aerospace, and industrial applications

Download Full Report Here: https://www.databridgemarketresearch.com/reports/india-silicon-carbide-market

India Silicon Carbide (SiC) Market Analysis

• Growing government support for electric mobility, including subsidies and incentives under schemes such as FAME II, is significantly contributing to the increased use of SiC components in automotive applications
• The industrial sector in India is witnessing a steady transition toward high-performance semiconductors, with SiC gaining traction in applications involving high voltage, high temperature, and high-frequency performance
• The black SiC segment held the largest market revenue share in 2024, driven by its widespread use in industrial applications such as grinding, cutting, and lapping due to its high hardness and cost-effectiveness. It is extensively utilized in abrasives, metallurgy, and refractory industries where performance under high-temperature conditions is critical. Its strong demand is further supported by steady consumption in infrastructure and steel manufacturing sectors

Key Market Drivers

• Expanding EV production, charging infrastructure, and battery ecosystems.

• Growth in renewable energy installations and grid-scale storage requiring high-efficiency power electronics.

• Government incentives for compound semiconductor fabs and design houses.

• Rising industrial automation and harsh-environment applications in oil & gas, rail, and aerospace.

• Demand for advanced abrasives, refractories, and ceramic components.

Market Restraints and Challenges

• High capital and technology requirements for wafer and epitaxy lines.

• Import dependence for ultra-pure SiC powders and equipment.

• Long qualification cycles for automotive and aerospace components.

• Price sensitivity for small industrial users vs. imported alternatives.

Opportunities

• Establishing SiC wafer fabrication and device packaging plants under PLI and state subsidies.

• Joint ventures with global leaders for technology transfer and supply-chain security.

• Development of SiC-based fast chargers for EV fleets.

• Advanced ceramics and defense applications leveraging SiC’s thermal shock resistance.

• Export of devices/modules to Asia-Pacific and Middle East markets.

Segmentation

By Product Type

• Technical SiC (abrasives, refractories)

• Semiconductor-grade wafers & substrates

• Epitaxial wafers

• SiC MOSFETs, Schottky diodes, modules

By Application

• EV traction inverters & onboard chargers

• Renewable energy inverters & storage converters

• Industrial motor drives & power supplies

• Aerospace & defense electronics

• Metallurgical & ceramic uses

By End User

• Automotive OEMs & tier suppliers

• Solar & storage solution providers

• Industrial automation & robotics firms

• Defense & aerospace agencies

• Abrasive and refractory manufacturers

By Distribution Channel

• Direct contracts with OEMs & utilities

• Authorized distributors for devices and wafers

• EPC & system integrators

• Specialty materials suppliers

Regional Insights (India)

• West & South (Maharashtra, Karnataka, Tamil Nadu): hubs for EV, electronics, and solar component manufacturing.

• North (Delhi NCR, Uttar Pradesh): growing R&D clusters and defense procurement.

• East (Odisha, Andhra Pradesh): emerging semiconductor fabs and metallurgical SiC usage.

Competitive Landscape

The market features a mix of:

• Global semiconductor and ceramic suppliers expanding Indian presence.

• Domestic device packagers and abrasive manufacturers.

• Start-ups targeting SiC-based power solutions.

Success depends on process reliability, device efficiency, price stability, and ability to support automotive-grade quality.

Pricing and Procurement Dynamics

Prices are influenced by global wafer supply, energy costs, and import duties. Strategic buyers adopt long-term supply contracts or co-development agreements to hedge volatility. Local production promises cost savings but needs scale and continuous investment.

Installation & Standards Considerations

EV and solar applications require adherence to AEC-Q101, JEDEC, and IEC performance standards. Reliable testing labs and quality certifications are crucial to qualify parts for mission-critical applications.

Future Outlook & Forecast (2025–2035)

India’s SiC market is poised for double-digit growth as EV, renewable energy, and semiconductor programs mature. Value will shift from abrasives to power electronics, while technology partnerships and domestic fabs unlock new supply-chain efficiencies.

Strategic Recommendations

• Invest in local wafer finishing and packaging lines to capture value.

• Build alliances with EV, solar, and industrial OEMs for joint design programs.

• Support workforce training in semiconductor fabrication and reliability testing.

• Leverage government incentives for clean energy and semiconductor manufacturing.

Risks and Challenges to Monitor

• Global wafer shortages and price spikes.

• Delays in fab commissioning or policy roll-outs.

• Quality lapses affecting automotive adoption.

• Competitive pressure from Si and GaN power electronics.

Conclusion

The India Silicon Carbide market offers significant potential aligned with electrification and clean-energy goals. Stakeholders who combine local manufacturing, robust quality systems, and customer-centric solutions can secure early-mover advantages and shape the region’s compound semiconductor value chain.

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