SiC-on-Insulator (SiCOI) Film Market Size

SiC-on-Insulator (SiCOI) Film Market size was USD 47.9 million in 2024 and is estimated to reach USD 194.5 billion by the end of 2037, expanding at a CAGR of 89.5% during the forecast period, i.e., 2025-2037. In 2025, the industry size of SiC-on-insulator (SiCOI) film is evaluated at USD 90.7 million.

SiC-on-insulator (SiCOI) films exhibit vast applications in energy-efficient devices, gaming controls, quantum photonics, and optoelectronics. In the coming years, continuous technological advancements are estimated to expand the applications of SiCOI insulator films. These films play several roles in optoelectronic devices including, optoelectronic transistors such as passivation coating and permeation/encapsulation of layers. For instance, the global optoelectronic transistor market is projected to increase at a CAGR of 20.1% through 2036. Considering these statistics, the rise in the demand for optoelectronic transistors is set to have a direct influence on the sales of SiC-on-insulator films.

SiC-on-insulator films effectively incorporate photonic integrated circuits, which leads to the formation of a strong platform that is effectively compatible with complementary metal-oxide semiconductor (CMOS) processing, a fabrication process used to manufacture integrated circuits. Also, SiC-on-insulator films are known for their superior thermal conductivity and ability to operate on high voltages and temperatures, this makes it an ideal component for high-performance products such as power electronics used in printed circuit boards. Thus, the increasing use of CMOS in printed circuit board production is set to positively influence the sales of SiC-on-insulator films in the coming years.