The market share of Chinese silicon carbide enterprises is increasing rapidly

In recent years, the market share of Chinese silicon carbide enterprises has been increasing rapidly. According to statistics, there are currently more than 100 units engaged in the research and production of silicon carbide materials in China, with a planned production capacity of more than 9 million substrates per year. It is estimated that China's silicon carbide substrate production capacity will account for 42% of the global production capacity in 2023, and is expected to reach 50% by 2026. This growth is due to the simultaneous improvement of all links in the domestic silicon carbide industry chain, including epitaxy, wafers, devices, etc.