MARKET AND OVERVIEW
A Third-Generation Semiconductor Wafer Foundry is a specialized manufacturing facility that produces wafers made from advanced semiconductor materials such as silicon carbide (SiC) and gallium nitride (GaN). These materials offer superior thermal conductivity, higher efficiency, and greater power handling capabilities compared to traditional silicon-based semiconductors. Third-generation semiconductor foundries are critical for industries like electric vehicles (EVs), 5G communications, aerospace, and renewable energy, where high-performance power electronics and highfrequency devices are essential.
MARKET SIZE AND GROWTH
The global Third Generation Semiconductor Wafer
Foundry Market size was estimated at USD 246 million in 2023 and is projected to reach USD 923.43 million by 2030, exhibiting a CAGR of 20.80% during the forecast period.
North America Third Generation Semiconductor Wafer
Foundry market size was USD 64.10 million in 2023, at a CAGR of 17.83% during the forecast period of 2025 through 2030.
