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SiC Wafer Reclaim Services Market Trends

Report ID: GMI5315
Published Date: Aug 2022
Report Format: PDF

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SiC Wafer Reclaim Services Market Trends

The growing need for silicon wafers from the consumer electronics sector is creating new business prospects for companies that provide SiC wafer reclaim services. In the expanding semiconductor industry, SiC wafers are increasingly used in electrical devices that operate at high voltages and high temperatures or both – like 5G communication systems and power electronics for electric vehicles (EVs). It is extensively used in light-emitting diodes (LEDs) and detectors in electronics. Mass wafer production is one of the main factors contributing to an increase in SiC yield loss. Reclaim service providers have been encouraged to develop innovative technologies and re-manufacture SiC wafers to fulfill rising consumer demands.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of SiC wafer reclaim services valued over USD 650 million in 2021 and will expand at a CAGR of more than 9% during 2022-2030.

The above 10 inches SiC wafer reclaim services industry is expected to attain 10% gains through 2030, driven by the increasing use of electronic components in consumer electronics, 5G technology, industrial automation, and automotive systems.

The power devices application industry may cross USD 700 million by 2030 owing to the rising SiC wafer integration in these components.

Due to the rising use of technology and electronic products in rapidly urbanizing economies such as China, India, and Japan, the Asia Pacific region registered a massive share of about 60% in 2021.