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- PROSPECT -
The Chinese silicon carbide industry is a highly promising industry, involving diverse products, deep industrial chains, and a wide range of application fields, with good market development prospects. According to the analysis report on the operational status and development prospects of China's CVD silicon carbide industry from 2023 to 2029 released by Market Research Online, the total output value of China's silicon carbide industry reached 84.605 billion yuan in 2018, an increase of 7.2% compared to 2017. The development of China's silicon carbide industry is also supported by national industrial policies.
In recent years, the country has issued a large number of policies, such as the Made in China 2025 New Generation Artificial Intelligence Development Plan, which will bring good development opportunities to the silicon carbide industry. At the same time, with the continuous progress of technology, the technology of the silicon carbide industry is also constantly improving. The continuous development of new silicon carbide materials will also bring new opportunities and challenges to the development of the industry. In addition, the market of China's silicon carbide industry is constantly expanding, and its applications in new energy, automobiles, aerospace, new materials and other fields are becoming more and more widespread. It also provides a good development space for the industry. In the long run, with the continuous development of the Chinese economy, the Chinese silicon carbide industry will usher in a broader market. In the future, the market size of the Chinese silicon carbide industry will continue to grow and is expected to achieve a higher level of development.
1. The demand for silicon carbide in the market is strong, and the world is experiencing a wave of production expansion
2. The cost of silicon carbide devices has been reduced, and the prospects for industry application substitution are improving
3. Strict technical protection is implemented for wide bandgap semiconductors abroad, and independent and controllable measures are imperative
4. Active wide bandgap semiconductor industry policies
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