According to the UnivDatos, the rising demand for electric vehicles (EVs), advancements in power electronics, miniaturization, and high-performance needs drive the Silicon Carbide (SiC) wafer market. As per their “Silicon Carbide (SiC) Wafer Market” report, the global market was valued at USD 1156.66 million in 2024, growing at a CAGR of about 17.03% during the forecast period from 2025 - 2033 to reach USD million by 2033.

The Silicon Carbide (SiC) Wafer is witnessing remarkable growth due to the rising demand for electric vehicles (EVs), advancements in power electronics, miniaturization, and high-performance needs. Below are some of the key companies leading the charge in the manufacturing, processing, and supply of Silicon Carbide (SiC) Wafer products and services.            

Wolfspeed, Inc.

Wolfspeed, Inc., a semiconductor company, focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, the rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications.

Coherent Corp.

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for use in the industrial, communications, electronics, and instrumentation markets worldwide. The Networking segment offers telecommunication products for fiber-optic transmission; datacom transceivers, including pluggable transceivers for ethernet and fiber channel applications; and advanced optics, such as fiber and precision optics used in projection displays, crystal materials and components for optical communications, filters and assemblies for life sciences, sensors, instrumentation, and semiconductor equipment, as well as ultraviolet (UV), visible, and near-infrared spectroscopy optics for industrial lasers.

STMicroelectronics NV

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Analog products, MEMS and Sensors Group (AM&S); Power and Discrete products (P&D); Microcontrollers (MCU); and Digital ICs and RF Products (D&RF) segments. The company also provides silicon MOSFETs, SiC MOSFETs, IGBTs, thyristors, rectifiers, and power modules, and bipolar transistors; microcontrollers, NFC solutions, memories, and automotive MCUs; and radio frequency (RF) communications and ASICs, driver assistance systems, and RF and infotainment products.

Access sample report (including graphs, charts, and figures) - https://univdatos.com/reports/silicon-carbide-wafer-market?popup=report-enquiry

Resonac Holdings Corporation

Resonac Holdings Corporation operates as a chemical company in Japan, China, the rest of Asia, and internationally. It operates through Semiconductor and Electronic Materials, Mobility, Innovation Enabling Materials, and Chemicals segments. The company offers gases and solvents, abatement systems and surface treatments, CMP slurries, and anti-charging materials; semiconductor-related materials, display and sensor-related materials, and films; base and photosensitive materials for PWBs; hard disks, SiCs, and optical semiconductors for use as electronic device components; and molded plastics/sheet-formed, powder metal, and aluminum products for automotives.

SK Siltron Co., Ltd.

SK Siltron Co., Ltd. manufactures and sells wafers for semiconductors in South Korea and internationally. It provides polished wafers that are used to make semiconductor devices, such as DRAM, flash memory, and LCD drivers; epitaxial wafers for making microprocessors, image sensors, and power devices; and sapphire wafers for LED. The company was formerly known as LG Siltron and changed its name to SK Siltron Co., Ltd. in August 2017.

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