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Silicon Carbide Market

Publisher Grand View Research
Published Jan 02, 2026
Length 100 Pages
SKU # GV20873335

Description

Silicon Carbide Market Summary

The global silicon carbide market size was estimated at USD 4.59 billion in 2025 and is projected to reach USD 9.56 billion by 2033, growing at a CAGR of 7.7% from 2026 to 2033. The increased use of the product to manufacture refractory materials for the steel industry is projected to aid the market growth during the forecast period.

Silicon carbide is used as a raw material for refractory on account of its high-temperature resistance. The refractory products are widely used in the linings of kilns, furnaces, and reactors across various industries, including cast iron, steel, aluminum, and metal. The production growth in the aforementioned ferrous and non-ferrous industries is expected to drive the market for refractory materials. The silicon carbide (SiC) industry is experiencing significant growth, driven by its superior properties such as high thermal conductivity, voltage resistance, and efficiency in power electronics. These attributes make SiC an ideal material for applications in electric vehicles (EVs), renewable energy systems, and high-performance industrial equipment. The global shift towards electrification and decarbonization, supported by government initiatives like the U.S. Department of Energy's USD 544 million loan to expand SiC wafer production in Michigan and the European Union's approval of Italian state aid for a USD 5.4 billion STMicroelectronics SiC chip plant in Sicily, underscore the strategic importance of SiC in achieving energy efficiency and sustainability goals.

Despite its advantages, the market faces challenges that could impede its growth. The high cost of SiC devices, attributed to complex manufacturing processes and the need for specialized equipment, remains a significant barrier. Besides, the brittleness of SiC materials complicates fabrication, requiring advanced techniques and skilled labor. Supply chain constraints, including limited availability of high-quality SiC substrates and geopolitical factors affecting raw material sourcing, further exacerbate these issues. Addressing these challenges is crucial for the widespread adoption of SiC technologies across various industries.

Global Silicon Carbide Market Report Segmentation

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global silicon carbide market report on the basis of product, application, and region.
  • Product Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
  • Black
  • Green
  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
  • Steel
  • Automotive
  • Aerospace & aviation
  • Military & Defense
  • Electronics
  • Healthcare
  • Others
  • Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Latin America
  • Middle East & Africa
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

100 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.2.1. Information Procurement
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. Country Based Segment Share Calculation
1.8. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. On-Device AI Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. On-Device AI Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic and Social landscape
3.3.2.3. Technological landscape
3.4. Pain Point Analysis
Chapter 4. On-Device AI market: Component Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. On-Device AI market: Component Movement Analysis, 2025 & 2033 (USD Million)
4.3. Hardware
4.3.1. Hardware Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.4. Software
4.4.1. Software Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 5. On-Device AI market: Deployment Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. On-Device AI market: Deployment Movement Analysis, 2025 & 2033 (USD Million)
5.3. Cloud
5.3.1. Cloud On-Device AI market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.4. On-premise
5.4.1. On-premise On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 6. On-Device AI market: Technology Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. On-Device AI market: Technology Movement Analysis, 2025 & 2033 (USD Million)
6.3. Machine Learning
6.3.1. Machine Learning On-Device AI market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.4. Natural Language Processing
6.4.1. Natural Language Processing On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.5. Computer Vision
6.5.1. Computer Vision On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.6. Speech Recognition
6.6.1. Speed Recognition On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 7. On-Device AI market: Device Estimates & Trend Analysis
7.1. Segment Dashboard
7.2. On-Device AI market: Deployment Movement Analysis, 2025 & 2033 (USD Million)
7.3. Smartphones & Tablets
7.3.1. Smartphones & Tablets On-Device AI market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
7.4. Wearables
7.4.1. Wearables On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
7.5. Smart Home Devices
7.5.1. Smart Home Devices On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
7.6. Automotive
7.6.1. Automotive On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
7.7. Others
7.7.1. Others On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 8. On-Device AI market: Vertical Estimates & Trend Analysis
8.1. Segment Dashboard
8.2. On-Device AI market: End Use Movement Analysis, 2025 & 2033 (USD Million)
8.3. Healthcare
8.3.1. Healthcare On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
8.4. Consumer Electronics
8.4.1. Consumer Electronics On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
8.5. Retail
8.5.1. Retail On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
8.6. Automotive
8.6.1. Automotive On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
8.7. Manufacturing
8.7.1. Manufacturing On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
8.8. Security & Surveillance
8.8.1. Security & Surveillance On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
8.9. Others
8.9.1. Others On-Device AI market: Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 9. On-Device AI market: Regional Estimates & Trend Analysis
9.1. On-Device AI market Share, By Region, 2025 & 2033, USD Million
9.2. North America
9.2.1. North America On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.2.2. U.S.
9.2.2.1. U.S. On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.2.3. Canada
9.2.3.1. Canada On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.2.4. Mexico
9.2.4.1. Mexico On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.3. Europe
9.3.1. Europe On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.3.2. UK
9.3.2.1. UK On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.3.3. Germany
9.3.3.1. Germany On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.3.4. France
9.3.4.1. France On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.4. Asia Pacific
9.4.1. Asia Pacific On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.4.2. China
9.4.2.1. China On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.4.3. Japan
9.4.3.1. Japan On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.4.4. India
9.4.4.1. India On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.4.5. South Korea
9.4.5.1. South Korea On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.4.6. Australia
9.4.6.1. Australia On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.5. Latin America
9.5.1. Latin America On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.5.2. Brazil
9.5.2.1. Brazil On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.6. Middle East and Africa
9.6.1. Middle East and Africa On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.6.2. South Africa
9.6.2.1. South Africa On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.6.3. UAE
9.6.3.1. UAE On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
9.6.4. KSA
9.6.4.1. KSA On-Device AI market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
Chapter 10. Competitive Landscape
10.1. Company Categorization
10.2. Company Market Positioning
10.3. Participant’s Overview
10.4. Financial Performance
10.5. Product Benchmarking
10.6. Company Heat Map Analysis
10.7. Strategy Mapping
10.8. Company Profiles/Listing
10.8.1. Apple Inc.
10.8.1.1. Participant’s Overview
10.8.1.2. Financial Performance
10.8.1.3. Product Benchmarking
10.8.1.4. Recent Developments
10.8.2. Baidu, Inc.
10.8.2.1. Participant’s Overview
10.8.2.2. Financial Performance
10.8.2.3. Product Benchmarking
10.8.2.4. Recent Developments
10.8.3. Amazon.com Inc.
10.8.3.1. Participant’s Overview
10.8.3.2. Financial Performance
10.8.3.3. Product Benchmarking
10.8.3.4. Recent Developments
10.8.4. Google LLC
10.8.4.1. Participant’s Overview
10.8.4.2. Financial Performance
10.8.4.3. Product Benchmarking
10.8.4.4. Recent Developments
10.8.5. Microsoft
10.8.5.1. Participant’s Overview
10.8.5.2. Financial Performance
10.8.5.3. Product Benchmarking
10.8.5.4. Recent Developments
10.8.6. Intel Corporation
10.8.6.1. Participant’s Overview
10.8.6.2. Financial Performance
10.8.6.3. Product Benchmarking
10.8.6.4. Recent Developments
10.8.7. NVIDIA Corporation
10.8.7.1. Participant’s Overview
10.8.7.2. Financial Performance
10.8.7.3. Product Benchmarking
10.8.7.4. Recent Developments
10.8.8. Qualcomm Technologies, Inc.
10.8.8.1. Participant’s Overview
10.8.8.2. Financial Performance
10.8.8.3. Product Benchmarking
10.8.8.4. Recent Developments
10.8.9. Huawei Technologies Co., Ltd.
10.8.9.1. Participant’s Overview
10.8.9.2. Financial Performance
10.8.9.3. Product Benchmarking
10.8.9.4. Recent Developments
10.8.10. Arm Limited
10.8.10.1. Participant’s Overview
10.8.10.2. Financial Performance
10.8.10.3. Product Benchmarking
10.8.10.4. Recent Developments

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