Silicon carbide (SiC) is a hard chemical combination made up of silicon and carbon. It is also known

Poojasalve13 Apr, 2022Other

Silicon Carbide (SIC), often known as carborundum, is a chemical substance. It is essentially a silica and carbon combination. It has the ability to handle high-power switching applications. In terms of revenue, the worldwide silicon carbide market is expected to exceed US$ 11,965.9 million by the end of 2027, rising at a CAGR of 15.3 percent over the forecast period (2020 to 2027). The silicon carbide market is expanding due to rising demand for semiconductor devices. The voltage-dependent resistance feature of silicon carbide is crucial in semiconductors. The market is predicted to increase due to rising demand for semiconductor devices that may be used in motor drives, high-temperature sensors, and electro-mechanical computing systems. As a result, rising demand for semiconductor devices is likely to drive silicon carbide market growth.