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SiC-on-Insulator (SiCOI) Film Market Share

Report ID: GMI9422
Published Date: May 2024
Report Format: PDF

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SiC-on-Insulator (SiCOI) Film Market Share

Soitec and Sicoxs Corporation held a significant share of over 20% in the SiCOI film market in 2023. Soitec, based in France, is a leader in semiconductor materials. It specializes in engineered substrates, offering innovative solutions for electronics and energy markets. In the SiCOI films market, the company provides advanced materials that enable high-performance power electronics and photonics applications, leveraging its expertise in semiconductor engineering to meet industry demands for efficiency and reliability.

Sicoxs Corporation, based in Japan, specializes in the development and production of SiCOI films. It offers advanced semiconductor materials for various applications, including power electronics, photonics, and renewable energy systems. The company focuses on leveraging SiCOI films properties, such as high thermal conductivity and low optical loss, to enhance the performance and efficiency of electronic devices.

SiC-on-Insulator (SiCOI) Film Market Companies

Major players operating in the SiCOI film industry are:

MTI Corporation
NGK Insulators, Ltd.
SICC Co., Ltd.
Sicoxs Corporation
Soitec
Sumitomo Electric Industries, Ltd.
Wolfspeed, Inc.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The SiC-on-Insulator (SiCOI) film market was valued at USD 25.3 million in 2023 and will grow at over 90% CAGR between 2024 and 2032, driven by the rising interest in energy-efficient devices.

The power electronics application segment in the sic-on-insulator (SiCOI) film market held a decent growth rate in 2023 and is expected to reach over USD 2.5 billion by 2032, owing to the high power density capabilities of SiCOI films.

North America SiCOI film market held a revenue share of over 40% in 2023 and will grow rapidly by 2032, owing to a strong emphasis on technological innovations and adoption, particularly in industries, such as automotive, aerospace where these films are used.

MTI Corporation, NGK Insulators, Ltd., SICC Co., Ltd., Sicoxs Corporation, Soitec, Sumitomo Electric Industries, Ltd., and Wolfspeed, Inc. among others.