SiC Wafer Reclaim Market Analysis

  • Report ID: 5510
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

SiC Wafer Reclaim Market Analysis

Diameter (Below 5 Inches, 5-10 Inches, Above 10 Inches)

In SiC wafer reclaim market, 10 inches segment is estimated to hold more than 50% revenue share by 2037. Manufacturers of electronic goods are more likely to incline towards adapting above 10-inch SiC wafers due to the benefits including high performance, energy efficiency, and low-cost integration.

Also, the larger wafers provide more surface area; manufacturers can fit more surface area for the fabrication of chips. Therefore, the growing demand for electronic goods and semiconductors will propel the growth of the above 10 inches segment in the coming years. In 2022, the consumer electronics industry brought in a total of USD 987 billion. Also, Apple, Samsung, Huawei, and Sony are just a few of the well-known and established corporations that control the consumer electronics sector.

Application (Optoelectronics, Power Devices, High Temperature Devices, High Frequency Devices)

By 2037, power devices segment is expected to hold more than 43% SiC wafer reclaim market share. The segment is growing because power devices play a crucial role in various industries such as automotive, renewable energy, and consumer electronics.

For instance, the supply of renewable energy from the sun, wind, hydropower, geothermal, and ocean increased by over 8% in 2022. Also, the rising demand for power devices in applications that operate on a wide range of frequencies and power levels has led to market expansion. The market caters to the recycling and refurbishment of used silicon wafers, making them suitable for reuse in the manufacturing process. This is important because power devices often require specific wafer specifications and characteristics to meet their performance requirements.

Our in-depth analysis of the global SiC wafer reclaim market includes the following segments:

            Diameter

  • Below 5 Inches
  • 5-10 Inches
  • Above 10 Inches

            Application

  • Optoelectronics
  • Power Devices
  • High Temperature Devices
  • High Frequency Devices
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Author Credits:  Abhishek Verma


  • Report ID: 5510
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of SiC wafer reclaim is evaluated at USD 1.6 billion.

The SiC wafer reclaim market size was over USD 1.42 billion in 2024 and is projected to reach USD 9.35 billion by 2037, witnessing around 15.6% CAGR during the forecast period i.e., between 2025-2037. Growing use in electronic vehicles (EVs), increasing use of semiconductor in the production of solar energy, and rising government initiatives to increase semiconductor manufacturing will boost the market growth.

Asia Pacific industry is anticipated to hold largest revenue share of 37% by 2037, as a result of the burgeoning population in the region.

The major players in the market are Wolfspeed Inc., Semiconductor Components Industries, LLC, Infineon Technologies AG, AIXTRON SE, Okmetic, Showa Denko K.K., Sumitomo Electric Industries, Ltd., Mitsubishi Electric Corporation, Renesas Electronics Corporation, Fujitsu Semiconductor Ltd. and others.
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