SiC-On-Insulator (SiCOI) Film Market 2024 - By Demand, Leading Companies, Industry Insights, Future Opportunities And Forecast To 2033
The sic-on-insulator (sicoi) film
global market report 2024 from The Business Research Company provides
comprehensive market statistics, including global market size, regional shares,
competitor market share, detailed segments, trends, and opportunities. This
report offers an in-depth analysis of current and future industry scenarios,
delivering a complete perspective for thriving in the industrial automation
software market.
SiC-On-Insulator (SiCOI) Film
Market, 2024 report by The Business Research Company offers comprehensive
insights into the current state of the market and highlights future growth
opportunities.
Market Size -
The SiC-on-insulator (SiCOI) film
market size has grown exponentially in recent years. It will grow from $0.04
billion in 2023 to $0.06 billion in 2024 at a compound annual growth rate
(CAGR) of 48.8%. The growth in the
historic period can be attributed to increased demand for power electronics in
renewable energy applications, increased adoption of SICOI in high-frequency,
high-power electronic applications, rising adoption of electric vehicles,
government incentives and regulations, and the need for high-frequency and
high-power devices.
The SiC-on-insulator (SiCOI) film
market size is expected to see exponential growth in the next few years. It
will grow to $0.30 billion in 2028 at a compound annual growth rate (CAGR) of
49.0%. The growth in the forecast period
can be attributed to growing investment in 5G infrastructure, growing demand
for efficient power devices, the rollout of 5G networks and the development of
6G technologies, the rise of Industry 4.0 and the internet of things, and
growing adoption in the aerospace industry. Major trends in the forecast period
include advancements in fabrication techniques, integration with MEMS devices,
the development of RF and high-frequency devices, research in quantum computing
and photonics, and collaborations and partnerships.
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Scope Of SiC-On-Insulator
(SiCOI) Film Market
The Business Research Company's
reports encompass a wide range of information, including:
1. Market Size (Historic and
Forecast): Analysis of the market's historical performance and projections for
future growth.
2. Drivers: Examination of the key
factors propelling market growth.
3. Trends: Identification of
emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the
market into its primary segments and their respective performance.
5. Focus Regions and Geographies:
Insight into the most critical regions and geographical areas influencing the
market.
6. Macro Economic Factors:
Assessment of broader economic elements impacting the market.
SiC-On-Insulator (SiCOI) Film
Market Overview
Market Drivers -
The growing adoption of electric
vehicles is expected to propel the growth of the SiC-on-Insulator (SiCOI) film
market going forward. Electric vehicles (EVs) refer to automobiles powered by
electricity stored in batteries or fuel cells rather than traditional internal
combustion engines. EV adoption is rising due to increased environmental
awareness, advancements in battery technology, and supportive government
policies. SiC-on-Insulator (SiCOI) films are beneficial in electric vehicles
for enhancing power electronics efficiency and reliability, thus extending
battery life and improving overall vehicle performance. For instance, in
January 2022, according to the International Energy Agency, a France-based
autonomous intergovernmental organization, in 2020, sales of electric vehicles
surged to 3 million units, capturing 4.1% of total car sales. By 2021, electric
vehicle sales had more than doubled to 6.6 million units, constituting nearly
9% of the global car market and tripling their market share from just two years
prior. Therefore, the growing adoption of electric vehicles drives growth in
the SiC-on-Insulator (SiCOI) film market.
Market Trends -
Major companies operating in the
SiC-on-Insulator (SiCOI) film market are focusing on technological advancements
such as improving film quality, enhancing thermal conductivity, and developing
more efficient manufacturing processes to gain a competitive edge. Enhanced
high-temperature performance in SiCOI films allows for more efficient and
reliable operations in extreme conditions, making them ideal for applications
in the automotive and aerospace industries. For instance, in May 2022, Soitec
SA, a France-based semiconductor materials company, launched its first 200-mm
SmartSiC-engineered substrate. The 200-mm SmartSiC substrate represents
advanced technology utilizing Soitec's exclusive SmartCut process. This process
bonds a thin layer of high-quality SiC to a low-resistivity polySiC wafer. This
innovative approach allows for the manufacture of high-performance power
devices. These devices offer benefits such as increased yields, smaller die
sizes, and improved energy efficiency when compared to conventional bulk SiC
substrates.
The sic-on-insulator (SiCOI)
film market covered in this report is segmented –
1) By Substrate: Silicon
(Si) Substrate, Silicon Carbide (SiC) Substrate, Sapphire Substrate, Other
Substrates
2) By Technology Route:
Smart Cut Technology, Grinding Or Polishing Or Bonding Technology
3) By Wafer Size:
100 MM (4-Inch) Wafers, 150 MM (6-Inch) Wafers, 200 MM (8-Inch) Wafers, 300 MM
(12-Inch) Wafers
4) By Application: Power
Electronics, Aerospace and Defense, Automotive, Consumer Electronics, Others
Applications
Get an inside scoop of the
sic-on-insulator (sicoi) film market, Request now for Sample Report @
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Regional Insights -
North America was the largest
region in the SiC-on-insulator (SiCOI) film market in 2023. The regions covered
in the sic-on-insulator (SiCOI) film market report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies -
Major companies operating in the
sic-on-insulator (SiCOI) film market are <b>Hitachi Power Semiconductor
Device Ltd., Nippon Steel Corporation, Sumitomo Electric Industries Ltd.,
Mitsubishi Electric Corporation, Micron Technology, Toshiba Corporation, Texas
Instruments, STMicroelectronics, Murata Manufacturing, Analog Devices Inc.,
Renesas Electronics Corporation, Fuji Electric Co. Ltd., Coherent Corp., Rohm
Co. Ltd., ASM International, GlobalWafers, Disco Corporation, Soitec,
Wolfspeed, X-FAB Silicon Foundries, Cree Inc. , Transphorm, United Silicon
Carbide Inc., SK Siltron, SICC Materials Co. Ltd., SiCrystal AG</b>
Table of Contents
1. Executive Summary
2. SiC-On-Insulator (SiCOI) Film
Market Report Structure
3. SiC-On-Insulator (SiCOI) Film
Market Trends And Strategies
4. SiC-On-Insulator (SiCOI) Film
Market – Macro Economic Scenario
5. SiC-On-Insulator (SiCOI) Film
Market Size And Growth
…..
27. SiC-On-Insulator (SiCOI) Film
Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential
Analysis
30. Appendix
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