Global Sic On Insulator Sicoi Film Market
Market Size in USD Million
CAGR :
% 
USD
38.00 Million
USD
9,222.38 Million
2024
2032
 Forecast Period |
2025 –2032 |
 Market Size (Base Year) |
USD 38.00 Million |
 Market Size (Forecast Year) |
USD 9,222.38 Million |
 CAGR |
% |
| Major Markets Players |
|
Global SiC-on-Insulator (SiCOI) Film Market Segmentation, By Substrate (Silicon (Si) Substrate, Silicon Carbide (SiC) Substrate, and Sapphire Substrate), Wafer Size (100 mm (4-inch) Wafers, 150 mm (6-inch) Wafers, 200 mm (8-inch) Wafers, and 300 mm (12-inch) Wafers), Technology (Smart Cut Technology, Grinding, Polishing, and Bonding Technology), Application (Power Electronics, Aerospace and Defense, Automotive, Consumer Electronics, and Others)- Industry Trends and Forecast to 2032
What is the Global SiC-on-Insulator (SiCOI) Film Market Size and Growth Rate?
- The global SiC-on-Insulator (SiCOI) Film market size was valued at USD 38 million in 2024 and is expected to reach USD 9222.38 million by 2032, at a CAGR of 84.08% during the forecast period
- Market growth is primarily driven by rapid technological advancements in smart devices, IoT applications, and connected electronics, which increasingly rely on high-performance SiC-on-Insulator films for power efficiency, thermal management, and miniaturization
- Moreover, rising adoption across industries such as automotive, aerospace, and consumer electronics for high-voltage, high-temperature, and high-frequency applications is significantly boosting the demand for SiC-on-Insulator films, establishing them as essential components in modern electronic systems
What are the Major Takeaways of SiC-on-Insulator (SiCOI) Film Market?
- SiC-on-Insulator films, offering superior thermal conductivity, electrical insulation, and high-frequency performance, are increasingly critical for advanced power electronics, automotive inverters, and RF applications, ensuring efficiency and reliability in modern devices
- The growing need for energy-efficient, compact, and high-performance solutions in sectors such as automotive, aerospace, and industrial electronics is driving SiC-on-Insulator film adoption, along with the push for electrification and renewable energy integration
- Asia-Pacific dominated the SiC-on-Insulator (SiCOI) Film market with the largest revenue share of 42.5% in 2024, driven by rising demand for power electronics, automotive inverters, and renewable energy applications
- North America SiC-on-Insulator (SiCOI) Film market is poised to grow at the fastest CAGR of 15.26% during 2025–2032, driven by increasing EV penetration, renewable energy projects, and industrial automation
- The Silicon Carbide (SiC) Substrate segment dominated the market with the largest revenue share of 52% in 2024, driven by its superior thermal conductivity, high breakdown voltage, and suitability for high-power and high-temperature applications
Report Scope and SiC-on-Insulator (SiCOI) Film Market Segmentation
|
Attributes |
SiC-on-Insulator (SiCOI) Film Key Market Insights |
|
Segments Covered |
|
|
Countries Covered |
North America
Europe
Asia-Pacific
Middle East and Africa
South America
|
|
Key Market Players |
|
|
Market Opportunities |
|
|
Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework. |
What is the Key Trend in the SiC-on-Insulator (SiCOI) Film Market?
Advanced Performance through Miniaturization and High-Temperature Operation
- A key trend in the global SiC-on-Insulator (SiCOI) Film market is the increasing adoption of ultra-thin SiCOI films that enable higher device performance and reliability in high-temperature and high-power applications. This trend is driving innovation in power electronics, aerospace, and automotive sectors.
- For instance, companies are developing SiCOI films with reduced defect density and improved thermal stability, allowing high-efficiency power devices to operate at elevated temperatures without performance degradation.
- Integration of SiCOI films with advanced semiconductor devices supports higher switching frequencies, lower energy losses, and enhanced power density, making them ideal for next-generation power electronics.
- The growing demand for compact, energy-efficient, and high-performance electronic systems is encouraging the adoption of SiCOI films in consumer electronics, industrial automation, and electric vehicles
- Research and development efforts are focusing on wafer-scale uniformity, compatibility with CMOS processing, and scalability, which are shaping the competitive landscape.
- Consequently, the trend toward miniaturized, high-temperature capable SiCOI films is redefining expectations for power density, energy efficiency, and reliability in multiple end-use industries
What are the Key Drivers of SiC-on-Insulator (SiCOI) Film Market?
- The rising adoption of electric vehicles, renewable energy systems, and industrial automation is a major driver of the SiCOI film market, as these sectors demand high-efficiency, high-temperature semiconductors
- For instance, in 2024, leading SiCOI manufacturers expanded production capacities to meet the increasing requirement for SiC-based power devices in EV inverters and solar inverters
- SiCOI films offer superior thermal conductivity, high breakdown voltage, and lower energy losses, making them essential for next-generation power electronics
- The trend toward energy-efficient and sustainable solutions is increasing reliance on SiCOI films for industrial, automotive, and aerospace applications
- Furthermore, technological progress in wafer manufacturing, thinning processes, and defect reduction enhances device performance and encourages wider adoption across multiple sectors
- Overall, the combination of technological advantages, industrial demand, and the drive for energy-efficient systems is accelerating market growth for SiC-on-Insulator films
Which Factor is Challenging the Growth of the SiC-on-Insulator (SiCOI) Film Market?
- High production costs and complex fabrication processes for SiCOI wafers remain the primary challenges limiting broader adoption. The intricate manufacturing steps, including epitaxial growth, smart-cut technology, and wafer bonding, contribute to elevated pricing
- For instance, SiCOI wafers with larger diameters or higher purity levels are substantially more expensive than traditional silicon substrates, which can deter cost-sensitive manufacturers
- The availability of alternative wide-bandgap materials, such as bulk SiC substrates, can also create competitive pressure, impacting adoption in cost-sensitive applications.
- In addition, technical challenges such as defect control, wafer uniformity, and integration with standard CMOS processes require advanced expertise and investment, limiting entry for smaller players
- While production efficiencies and scaling improvements are gradually reducing costs, the high initial investment and processing complexity can still impede adoption, especially in emerging markets
- Overcoming these challenges through process innovation, economies of scale, and targeted R&D initiatives will be critical for sustaining long-term growth in the SiC-on-Insulator (SiCOI) Film market
How is the SiC-on-Insulator (SiCOI) Film Market Segmented?
The market is segmented on the basis of substrate, wafer size, technology, and application.
• By Substrate
On the basis of substrate, the SiC-on-Insulator (SiCOI) Film market is segmented into Silicon (Si) Substrate, Silicon Carbide (SiC) Substrate, and Sapphire Substrate. The Silicon Carbide (SiC) Substrate segment dominated the market with the largest revenue share of 52% in 2024, driven by its superior thermal conductivity, high breakdown voltage, and suitability for high-power and high-temperature applications. SiC substrates enable devices to operate efficiently under extreme conditions, making them ideal for power electronics, automotive inverters, and aerospace components.
The Silicon (Si) Substrate segment is expected to witness the fastest CAGR of 28% from 2025 to 2032, owing to its cost-effectiveness and established manufacturing infrastructure. The versatility and lower production cost of Si wafers encourage their adoption in consumer electronics and moderate-power applications, allowing new entrants and OEMs to integrate SiC-on-Insulator films efficiently.
• By Wafer Size
On the basis of wafer size, the market is segmented into 100 mm (4-inch) Wafers, 150 mm (6-inch) Wafers, 200 mm (8-inch) Wafers, and 300 mm (12-inch) Wafers. The 150 mm (6-inch) wafer segment held the largest market revenue share of 48% in 2024 due to its balance of manufacturing cost, device yield, and process compatibility with existing semiconductor fabrication lines.
300 mm (12-inch) wafers are expected to witness the fastest CAGR of 31% from 2025 to 2032, driven by the industry’s push toward scaling production for high-performance applications, including EVs, renewable energy systems, and advanced aerospace devices. Larger wafer sizes improve production efficiency and reduce per-unit costs, making them increasingly attractive to manufacturers targeting high-volume, high-reliability markets.
• By Technology
On the basis of technology, the SiC-on-Insulator (SiCOI) Film market is segmented into Smart Cut Technology, Grinding, Polishing, and Bonding Technology. The Smart Cut Technology segment dominated the market with a revenue share of 55% in 2024, as it allows precise layer transfer, high wafer uniformity, and superior electrical properties, which are critical for high-performance power devices.
Grinding technology is expected to witness the fastest CAGR of 29% from 2025 to 2032, driven by its ability to produce thin, defect-free wafers suitable for power electronics and high-frequency applications. Manufacturers increasingly combine polishing and bonding techniques with Smart Cut processes to enhance device performance, reduce surface roughness, and improve yield, supporting market expansion across automotive, industrial, and consumer electronics sectors.
• By Application
On the basis of application, the SiC-on-Insulator (SiCOI) Film market is segmented into Power Electronics, Aerospace and Defense, Automotive, Consumer Electronics, and Others. The Power Electronics segment accounted for the largest market revenue share of 50% in 2024, fueled by the growing adoption of SiCOI films in high-efficiency inverters, converters, and industrial power modules.
The Automotive segment is expected to witness the fastest CAGR of 32% from 2025 to 2032, driven by increasing EV production, high-voltage onboard systems, and the demand for energy-efficient and compact power devices. SiC-on-Insulator films enable higher switching frequencies, reduced energy losses, and enhanced reliability, making them essential for automotive, aerospace, and renewable energy applications, thereby driving overall market growth.
Which Region Holds the Largest Share of the SiC-on-Insulator (SiCOI) Film Market?
- Asia-Pacific dominated the SiC-on-Insulator (SiCOI) Film market with the largest revenue share of 42.5% in 2024, driven by rising demand for power electronics, automotive inverters, and renewable energy applications
- Consumers and manufacturers in the region highly value the superior performance, high thermal conductivity, and energy efficiency offered by SiC-on-Insulator (SiCOI) Films
- This widespread adoption is further supported by rapid industrialization, government initiatives promoting EVs and smart grids, and strong R&D capabilities in semiconductor manufacturing, establishing SiC-on-Insulator (SiCOI) Films as the preferred choice across automotive, aerospace, and electronics applications
China SiC-on-Insulator (SiCOI) Film Market Insight
The China SiC-on-Insulator (SiCOI) Film market captured the largest revenue share of 45% in Asia-Pacific in 2024, attributed to rapid urbanization, rising EV production, and expansion of renewable energy infrastructure. Strong domestic manufacturing capabilities, coupled with government incentives for green technology adoption, have accelerated the integration of SiC-on-Insulator Films in high-performance devices. The growing industrial and consumer electronics sectors are further contributing to robust market growth.
Japan SiC-on-Insulator (SiCOI) Film Market Insight
The Japan market is gaining momentum due to a strong high-tech culture, demand for energy-efficient electronics, and rapid adoption of automotive and aerospace innovations. Manufacturers in Japan emphasize precision and reliability in SiC-on-Insulator Films, driving adoption across EVs, robotics, and consumer electronics. Aging population trends also favor solutions that enhance energy efficiency and device longevity, fostering further market expansion.
North America SiC-on-Insulator (SiCOI) Film Market Insight
North America SiC-on-Insulator (SiCOI) Film market is poised to grow at the fastest CAGR of 15.26% during 2025–2032, driven by increasing EV penetration, renewable energy projects, and industrial automation. U.S. manufacturers and technology firms are investing heavily in SiC-based power electronics for smart grids, electric vehicles, and industrial applications. Rising awareness of energy efficiency and high-performance devices further supports adoption across residential, commercial, and industrial sectors.
U.S. SiC-on-Insulator (SiCOI) Film Market Insight
The U.S. market captured the largest share within North America in 2024, fueled by advancements in semiconductor fabrication, robust automotive EV production, and growing industrial automation. Government incentives for clean energy, combined with strong demand for high-efficiency electronics, are driving investments in SiC-on-Insulator Films. Manufacturers and OEMs are increasingly deploying SiC solutions in power modules, inverters, and energy storage systems, solidifying the U.S. as a high-growth hub.
Europe SiC-on-Insulator (SiCOI) Film Market Insight
Europe market is projected to expand at a notable CAGR, driven by stringent energy efficiency regulations, the adoption of EVs, and increasing renewable energy infrastructure. Countries such as Germany and France are investing in industrial automation and high-performance electronics, boosting demand for SiC-on-Insulator Films. European manufacturers are focusing on sustainable and energy-efficient solutions, which further supports market growth in aerospace, automotive, and power electronics applications.
Germany SiC-on-Insulator (SiCOI) Film Market Insight
Germany’s market growth is fueled by strong industrial automation, advanced EV adoption, and emphasis on energy efficiency. Manufacturers prioritize high-quality SiC-on-Insulator Films for automotive, industrial, and aerospace applications. Integration with advanced semiconductor technologies and local R&D initiatives is also accelerating adoption.
U.K. SiC-on-Insulator (SiCOI) Film Market Insight
The U.K. market is expected to grow steadily, driven by industrial electronics, renewable energy projects, and automotive innovation. Manufacturers focus on deploying SiC-on-Insulator Films in power modules and electronic devices for improved energy efficiency. The country’s supportive semiconductor policies and R&D investments further stimulate adoption.
Which are the Top Companies in SiC-on-Insulator (SiCOI) Film Market?
The SiC-on-Insulator (SiCOI) Film industry is primarily led by well-established companies, including:
- MTI Corporation (U.S.)
- NGK Insulators, Ltd. (Japan)
- SICC Co., Ltd. (China)
- Sicoxs Corporation (Japan)
- Soitec (France)
- Sumitomo Electric Industries, Ltd. (Japan)
- Wolfspeed, Inc. (U.S.)
What are the Recent Developments in Global SiC-on-Insulator (SiCOI) Film Market?
- In September 2023, SOITEC expanded its SiC product portfolio with the launch of its first 200 mm SmartSiC-engineered substrate, developed using SOITEC's patented SmartSiC technology, enhancing the performance of power electronics devices and improving energy efficiency in electric vehicles, marking a significant step in the adoption of advanced SiC solutions
- In December 2022, SOITEC partnered with STMicroelectronics, a leading global semiconductor company, to integrate its SmartSiC technology into ST's 200 mm substrate manufacturing, boosting device and module performance, thereby strengthening the market position of both companies in the SiC semiconductor sector
- In May 2022, Soitec released its first 200 mm silicon carbide SmartSiC wafer, expanding its SiC product portfolio beyond the 150 mm range, which provided greater flexibility for power electronics applications and further reinforced the company’s technological leadership
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Global Sic On Insulator Sicoi Film Market, Supply Chain Analysis and Ecosystem Framework
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Sic On Insulator Sicoi Film Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Sic On Insulator Sicoi Film Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
