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Stock impact report

Global SiC-on-Insulator and Other Substrates Market Set for Robust Growth by 2029, Driven by Technological Advancements and Rising Demand [Yahoo! Finance]

Wolfspeed, Inc. (WOLF) 
Company Research Source: Yahoo! Finance
Substrates Market by Substrate Type (Semi-insulating SiC Substrates, Conductive SiC Substrates), Wafer Size (100mm, 150mm and 200mm), Application (Power Devices, RF Devices) and Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The SiC-on-insulator and other substrates market is expected to witness significant growth, with projections indicating a leap from USD 99 million in 2024 to USD 149 million by 2029. This reflects a compound annual growth rate (CAGR) of 8.5% over the forecast period. Key factors propelling this expansion include elevated deployment in 5G technology and increased utilization within electric vehicle production. Additionally, opportunities emerging from biomedical device integration further underscore the market's growth trajectory. Within the SiC-on-insulator and other substrates market, power devices are anticipated to seize the predominant share during the forecast period. The inherent thermal properties of SiC substrate Show less Read more
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