Global Silicon Carbide Market (2020 to 2026) - by Product and Region - ResearchAndMarkets.com

The "Silicon Carbide Market Research Report by Product, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Silicon Carbide Market size was estimated at USD 592.37 Million in 2020 and expected to reach USD 659.80 Million in 2021, at a Compound Annual Growth Rate (CAGR) 11.72% to reach USD 1,151.97 Million by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Silicon Carbide Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Silicon Carbide Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Silicon Carbide Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Silicon Carbide Market?

4. What is the competitive strategic window for opportunities in the Global Silicon Carbide Market?

5. What are the technology trends and regulatory frameworks in the Global Silicon Carbide Market?

6. What is the market share of the leading vendors in the Global Silicon Carbide Market?

7. What modes and strategic moves are considered suitable for entering the Global Silicon Carbide Market?

Market Dynamics

Drivers

• Increasing application from the power electronics and semiconductor industry globally
• Growing demand for small devices to enable size reduction
• Rising demand from the steel industry for various applications

Restraints

• Relatively high cost attributed to low manufacturing yield and volume

Opportunities

• Emerging demand for electric vehicle across the world
• Growing automotive sector worldwide

Challenges

• Availability of other substitutes such as gallium nitride

Companies Mentioned

• Agsco Corporation
• Carborundum Universal Limited
• Cree, Inc
• Entegris, Inc.
• Fuji Electric Co., Ltd.
• General Electric Company
• GeneSiC Semiconductor Inc.
• Grindwell Norton Ltd.
• II-VI Incorporated
• Infineon Technologies AG
• Microchip Technology Incorporated
• Powerex Inc.
• Renesas Electronics Corporation
• ROHM CO., LTD
• Saint-gobain Ceramics Materials Gmbh
• Semiconductor Components Industries, LLC
• SEMIKRON International GmbH
• Snam Abrasives Pvt. Ltd.
• STMicroelectronics N.V.
• The Dow Chemical Company
• Toshiba Corporation
• United Silicon Carbide, Inc.
• Versum Materials, Inc.
• Xiamen Powerway Advanced Material Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/9grhuh

View source version on businesswire.com: https://www.businesswire.com/news/home/20210723005235/en/