Silicon carbide is a chemical compound which is made up of silicon and carbon. It helps to improve the efficiency of a semiconductor device also resists from radiation and provides high power efficiency. It is now being used in the semiconductor industry though in small quantities in comparison to silicon as the base material.

Ability of SiC in semiconductor to perform at high temperature and high voltage is the major driver which helps in surging the growth of silicon carbide market whereas its high cost act as a restraining factor for this market. Use of power semiconductor technology in renewable energy generation will add new opportunities for this market in the coming years.

The "Global Silicon Carbide Market Analysis to 2025" is a specialized and in-depth study of the silicon carbide industry with a focus on the global market trend. The report aims to provide an overview of global silicon carbide market with detailed market segmentation by product, device, wafer size, vertical and geography. The global silicon carbide market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global silicon carbide market based on product, device, wafer size, and vertical. It also provides market size and forecast till 2025 for overall silicon carbide market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.

Also, key silicon carbide market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Infineon Technologies AG, Cree Inc. (Wolfspeed), Rohm Semiconductor, Stmicroelectronics N.V., Fuji Electric Co., Ltd., On Semiconductor, General Electric, United Silicon Carbide, Inc., Genesic Semiconductor Inc., and Renesas Electronics Corporation among others.