Canada’s SiC semiconductor market is still emerging but holds promise due to its clean energy focus and growing EV ecosystem. While the country lacks large-scale domestic production of SiC devices, it benefits from strong research capabilities and supportive government policies, acting as a driver for long-term growth.
Canada's focus on electrifying its transportation networks and mining sectors—both demanding robust power electronics—enhances the market appeal of SiC devices. Research institutions and startups are increasingly collaborating to explore SiC applications in renewables and high-voltage transmission.
Yet, restraints include a lack of local manufacturing capacity and a relatively small domestic market, which makes it dependent on foreign imports and susceptible to global supply chain issues. Additionally, limited awareness and technical expertise may slow immediate adoption.
Despite these challenges, opportunities lie in cross-border collaborations with the US, particularly for building a North American semiconductor supply chain. Canada's rich reserves of rare earth elements can also support upstream integration in the future.
A growing trend is the application of SiC in electric rail and marine systems, as Canada emphasizes decarbonization across transportation. Government grants and cleantech accelerators are playing a key role in incubating next-gen SiC startups, hinting at a stronger presence in the global market over the next decade.
TABLE - Canada Silicon Carbide (SiC) Semiconductor Devices Market Size & Forecast By Component 2021-2033
Component | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Schottky Diodes | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
FET/MOSFET Transistors | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Integrated Circuits | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Rectifiers/Diodes | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Power Modules | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Others | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Canada Silicon Carbide (SiC) Semiconductor Devices Market Size & Forecast By Product 2021-2033
Product | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Optoelectronic Devices | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Power Semiconductors | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Frequency Devices | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Canada Silicon Carbide (SiC) Semiconductor Devices Market Size & Forecast By Wafer Size 2021-2033
Wafer Size | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 inch to 4 inches | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
6 inches | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
8 inches | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
10 inches & above | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Canada Silicon Carbide (SiC) Semiconductor Devices Market Size & Forecast By End-User 2021-2033
End-User | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Automotive | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Electric Vehicles | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
IC Automobiles | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Consumer Electronics | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Aerospace & Defense | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Medical Devices | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Data & Communication Devices | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Energy & Power | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
EV Infrastructure | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Power Distribution & Utilities | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Others | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis