Question 1

Which companies are leading the SiC-on-Insulator (SiCOI) film industry?

Accepted Answer

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

Question 2

How much is the sic-on-insulator film industry worth?

Accepted Answer

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.

Question 3

Why is the demand for SiCOI films increasing in power electronics application?

Accepted Answer

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.

Question 4

Why is sic-on-insulator (SiCOI) film industry growing in North America?

Accepted Answer

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.

SiC-on-Insulator (SiCOI) Film Market - By Substrate (Silicon (Si) Substrate, Silicon Carbide (SiC) Substrate, Sapphire Substrate), By Wafer Size, By Technology (Smart Cut Technology, Grinding/Polishing/Bonding Technology), By Application & Forecast, 2024 – 2032

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