India Silicon Carbide (SiC) Semiconductor Devices Market Size, Share & Trends Analysis Report By Component, By Product,By Wafer Size, By End-User, And Segment Forecasts, 2025 – 2033
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India Silicon Carbide (SiC) Semiconductor Devices Market Insights
India’s SiC semiconductor devices market is emerging, driven by the country’s rapid industrialization and focus on energy efficiency. The key drivers include India’s ambitious renewable energy goals, including its plans to achieve 500 GW of renewable energy capacity by 2030. The adoption of electric vehicles (EVs) is also gaining traction, supported by government incentives and policies aimed at reducing emissions and dependence on fossil fuels.
Restraints in India include the high costs associated with SiC devices and the relatively limited domestic manufacturing capacity for SiC wafers. Furthermore, infrastructure challenges and slow adoption of advanced technologies in rural and underdeveloped areas can slow the penetration of SiC-based solutions.
Opportunities for SiC adoption in India are particularly strong in the renewable energy and electric vehicle sectors. With a growing demand for efficient power electronics in solar power inverters, wind turbine systems, and EV charging stations, SiC-based devices offer high-performance advantages. Additionally, India’s efforts to modernize its grid infrastructure present opportunities for SiC applications in power management systems.
Trends indicate that India is increasingly focusing on developing its semiconductor manufacturing capabilities, with several government initiatives supporting local production. Collaborations between international SiC manufacturers and Indian companies are also growing, leading to accelerated deployment of SiC technology in the country’s automotive and energy sectors.
TABLE - India 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 - India 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 - India 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 - India 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
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