Delray Beach, FL, Aug. 21, 2025 (GLOBE NEWSWIRE) — The report “SiC-On-Insulator and Other Substrates Market by Substrate Type (Semi-insulating SiC Substrates, Conductive SiC Substrates), Wafer Size (100mm, 150mm and 200mm), Application (Power Devices, RF Devices) and Region – Global Forecast to 2029″ The SiC-On-Insulator and Other Substrates Industry is expected to reach USD 149 million by 2029 from USD 99 million in 2024, at a CAGR of 8.5% during the 2024–2029 period.
The major factors driving the market growth of the SiC-on-insulator and other substrates market include the growing demand for 5G technology and the increasing popularity of electric vehicles. Additionally, the surging attention towards the implementation of SiC-on-insulator substrates in the photonics industry is expected to create growth opportunities for the SiC-on-insulator and other substrates market.
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=238315891
Major Key Players in the SiC-On-Insulator Industry:
- Wolfspeed, Inc. (US),
- SICC Co., Ltd. (China),
- SOITEC (France),
- Coherent Corp. (US),
- GlobalWafers Co., Ltd. (Taiwan),
- Ceramicforum Co., Ltd. (Tokyo),
- Xiamen Powerway Advanced Material Co., Ltd. (China),
- Homray Material Technology (China)
SiC-On-Insulator and Other Substrates Market Segmentation Analysis:
Conductive SiC Substrates are expected to account for the highest CAGR of the SiC-on-insulator and other substrates industry during the forecast period.
Integrated conductive SiC substrates in power devices have the capability to withstand high temperatures positioning them as robust solutions for applications where traditional silicon counterparts may face limitations. Due to their versatile nature, it is used in a wide range of technological advancements, which makes them indispensable in the evolution of electronic devices and systems. Therefore, the …