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.