MARKET OVERVIEW
The manufacturing process of silicon carbide (SiC) materials usually starts with the preparation of ingots. After this step, the ingots will be precisely sliced, carefully ground and polished, and finally transformed into highquality silicon carbide substrates.
These substrates, as key basic materials, are further formed on their surfaces through epitaxial growth technology to form a uniform and high-quality silicon carbide epitaxial wafer.
MARKET SIZE & GROWTH
• The global SiC Deposition Equipment Market was valued at USD 184 million in 2023.
• It is projected to reach USD 292 million by 2030.
• The market is expected to grow at a CAGR of 6.8% during the forecast period.
