The global 8-Inch Silicon Carbide Substrates market size is predicted to grow from US$ 36.2 million in 2025 to US$ 2118 million in 2031; it is expected to grow at a CAGR of 97.0% from 2025 to 2031.

Silicon carbide is an inorganic substance with the chemical formula SiC. It is made of raw materials such as quartz sand, petroleum coke (or coal coke), and sawdust (salt is needed to produce green silicon carbide) through high-temperature smelting in a resistance furnace. Silicon carbide is a semiconductor that exists in nature in the form of the extremely rare mineral moissanite. Since 1893, it has been mass-produced as powder and crystals for use as abrasives, etc. Among non-oxide high-tech refractory raw materials such as C, N, and B, silicon carbide is the most widely used and economical one, which can be called diamond sand or refractory sand.

Wafer refers to the cutting, grinding, and polishing of crystals along a specific crystal direction to obtain a clean single wafer with specific crystal planes and appropriate electrical, optical, and mechanical properties for growing epitaxial layers. Silicon carbide wafer is the core material of the newly developed wide bandgap semiconductor. The devices made with it have the characteristics of high temperature resistance, high voltage resistance, high frequency, high power, and radiation resistance. It has the advantages of fast switching speed and high efficiency, which can greatly reduce product power consumption, improve energy conversion efficiency, and reduce product volume. According to different electrical properties, silicon carbide wafer can be divided into two categories: semi-insulating silicon carbide wafer and conductive silicon carbide wafer. These two types of wafer are clearly used to manufacture discrete devices such as power devices and radio frequency devices after epitaxial growth.

At present, 6-inch SiC wafer still occupy the mainstream market, but 8-inch wafer are gradually penetrating. Compared with 6-inch wafer, the cost of 8-inch SiC wafer can be reduced by about 35%, and more wafers can be cut out with less edge waste, which greatly improves the effective utilization of materials. Therefore, domestic and foreign manufacturers are accelerating research and development, expanding production, and entering the 8-inch silicon carbide market.

From the perspective of the global silicon carbide wafer material market, Wolfspeed, Coherent, Rohm, etc. still occupy a dominant position in the industry. However, in recent years, my country's silicon carbide material market has also been very hot. Wafer manufacturers such as CETC, TankeBlue, SICC, Hebei Synlight Crystal, and Sanan Optoelectronics have all achieved mass production. From the perspective of the terminal market, the demand for silicon carbide remains strong, whether in automobiles, photovoltaics, or industry. As the first car company in the industry to apply silicon carbide on a large scale, Tesla's Model 3 and Model Y models are selling well. In 2023, the penetration rate of silicon carbide in the field of pure electric passenger vehicles will be 25%, of which Model 3 and Model Y will contribute 60% to 70%. At the same time, driven by new car-making forces at home and abroad, the market structure of silicon carbide is gradually becoming diversified. In 2023, there will be a number of standard silicon carbide models in the price range of 200,000 to 250,000 yuan, such as Xiaopeng G6, Zeekr X, and Zhiji LS6. The high-performance strategy of new car companies is accelerating the market penetration of silicon carbide. In the future, all models with a price of more than 200,000 yuan may be equipped with silicon carbide devices as standard. Not only new energy vehicles, but also charging piles, photovoltaics, and industrial markets have great potential demand for silicon carbide. Wind, solar, storage, and industrial demand are also gradually increasing the application of silicon carbide devices and modules to cope with high-frequency, small-volume, and energy-saving scenarios, and the application scale is also considerable.

Infinity Market Research newest research report, the ?8-Inch Silicon Carbide Substrates Industry Forecast? looks at past sales and reviews total world 8-Inch Silicon Carbide Substrates sales in 2024, providing a comprehensive analysis by region and market sector of projected 8-Inch Silicon Carbide Substrates sales for 2025 through 2031. With 8-Inch Silicon Carbide Substrates sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 8-Inch Silicon Carbide Substrates industry.

This Insight Report provides a comprehensive analysis of the global 8-Inch Silicon Carbide Substrates landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 8-Inch Silicon Carbide Substrates portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global 8-Inch Silicon Carbide Substrates market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 8-Inch Silicon Carbide Substrates and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 8-Inch Silicon Carbide Substrates.

This report presents a comprehensive overview, market shares, and growth opportunities of 8-Inch Silicon Carbide Substrates market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Conductive Type
    Semi-insulating Type

Segmentation by Application:

    Power Device
    RF Devices
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

    Wolfspeed
    Coherent
    ROHM Group (SiCrystal)
    STMicroelectronics
    SK Siltron
    CETC
    Resonac
    TankeBlue
    SICC
    Hebei Synlight Crystal
    San'an Optoelectronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global 8-Inch Silicon Carbide Substrates market?
What factors are driving 8-Inch Silicon Carbide Substrates market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 8-Inch Silicon Carbide Substrates market opportunities vary by end market size?
How does 8-Inch Silicon Carbide Substrates break out by Type, by Application?