The global silicon carbide device market is growing rapidly, and domestic companies are facing good development opportunities

The global silicon carbide device market is growing rapidly due to the popularization of renewable energy such as automobile electrification and solar power generation. It is expected that the market size will increase by about 400% by 2035 compared with 2022. Domestic companies such as BYD Semiconductor and China Electronics Technology Group Corporation 55th Institute have also achieved good results in this field.