![]() “SiC technologies are gaining the confidence of many customers and are penetrating various applications,” says Ezgi Dogmus PhD, team lead analyst Compound Semiconductor & Emerging Substrates at Yole. ![]() The silicon carbide (SiC) device market is estimated to be rising at a compound annual growth rate (CAGR) of 30%, from $225m in 2019 to more than $2.5bn in 2025, according to the report ‘Power SiC: Materials, Devices and Applications - 2020 edition’ by Yole Développement. 16 November 2020 Silicon carbide device market growing at 30% CAGR to over $2.5bn in 2025 ![]()
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