MARKET OVERVIEW
Thermal Process Equipment plays a core role in the processing of silicon carbide materials. They are particularly suitable for key heat treatment steps such as sintering, oxidation and annealing of silicon carbide. For example, a hightemperature vertical oxidation furnace can accurately generate a layer of oxide film on the surface of silicon carbide, which is crucial to improving the overall performance and reliability of silicon carbide devices.
MARKET SIZE & GROWTH
• The global SiC Thermal Process Equipment Market was valued at USD 208 million in 2023.
• It is projected to reach USD 655 million by 2030.
• The market is expected to grow at a CAGR of 19.9% during the forecast period.
