The article cited AMA's Global Sillicon Carbide Market Study explored substantial growth with CAGR of 16.1%. According the report, Increasing Government, Private Organizations, Research Institutes, and Industry Players Investments to Increase SiC Production is one of the primary growth factors for the market. Growing Demand for SiC Devices in Power Electronics Industry is also expected to contribute significantly to the Sillicon Carbide market. Overall, Power Grid Devices applications of Sillicon Carbide, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as CREE Incorporated (United States), Fairchild Semiconductor International Inc. (United States), Genesic Semiconductor Inc.(United States), Infineon Technologies AG (Germany), Microsemi Corporation (United States), Norstel AB (Sweden), Renesas Electronics Corporation (Japan), ROHM Co. Ltd. (Japan), STMicroelectronics N.V (Switzerland) and Toshiba Corporation (Japan) may see astonishing sales in this Market and certainly improve revenue growth.

The Industry Vertical, such as Energy & Power, is boosting the Sillicon Carbide market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Device, such as SIC Discrete Device [SIC Diode, SIC MOSFET, SIC Module], is boosting the Sillicon Carbide market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Wafer Size, such as 2 Inch, is boosting the Sillicon Carbide market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Sillicon Carbide market identified that the demand is rising in many different parts of the world as "Rising Demand for Electric Vehicle (EV) Motors ". Furthermore, some recent industry insights like "In January 2019, Cree, Inc. has partnered with STMicroelectronics and signed a silicon carbide wafer supply agreement. This collaboration involves the supply of Cree’s epitaxial wafers and advanced 150mm silicon carbide bare to STMicroelectronics. This collaboration will help to grow the SiC business." is constantly making the industry dynamic. One of the challenges that industry facing is "SiC Power Devices Material Defects, Designing, and Packaging Issues"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Sillicon Carbide market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Sillicon Carbide market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Sillicon Carbide market tight?
• Which application/end-user category or Product Type [] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Sillicon Carbide market and other related sub-markets covered in the study.

o Key & emerging players in the Sillicon Carbide market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Sillicon Carbide market size is calculated using market estimation process, the Sillicon Carbide market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Sillicon Carbide market size has been validated using both top-down and bottom-up approaches.