IMARC Group has recently released a new research study titled “United States Silicon Carbide Market Report by Product (Black Silicon Carbide, Green Silicon Carbide, and Others), Application (Steel, Automotive, Aerospace, Military and Defense, Electrical and Electronics, Healthcare, and Others), and Region 2026-2034”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

United States Silicon Carbide Market Overview

The United States Silicon Carbide Market size was USD 1.7 Billion in 2025. It is expected to reach USD 5.0 Billion by 2034, growing at a CAGR of 11.89% during the forecast period 2026-2034. This growth is driven by increasing electric vehicle sales, the adoption of SiC-based power semiconductors in electronics, and stringent environmental regulations aimed at reducing emissions.

Study Assumption Years

• Base Year: 2025
• Historical Year/Period: 2020-2025
• Forecast Year/Period: 2026-2034

United States Silicon Carbide Market Key Takeaways

• Current Market Size (2025): USD 1.7 Billion
• CAGR (2026-2034): 11.89%
• Forecast Period: 2026-2034
• The increasing sales of electric vehicles (EVs) in the United States to reduce carbon emissions is a primary growth driver.
• Silicon carbide offers higher efficiency and reduced heat generation compared to traditional silicon components.
• Expansion of renewable energy sources like solar and wind power contributes to market growth.
• Implementation of stringent environmental regulations encourages the adoption of energy-efficient technologies.
• Government incentives and funding for clean energy and SiC projects boost investments.

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United States Silicon Carbide Market Growth Factors

The increasing sales of electric vehicles (EVs) in the United States represent a significant driver for the silicon carbide market. As EV adoption rises to reduce carbon emissions, SiC components offer advantages such as higher efficiency, increased power density, and reduced heat generation compared to traditional silicon-based components. These benefits make SiC highly desirable in electric vehicle power electronics, enhancing their overall performance and energy efficiency.

The expansion of renewable energy sources, particularly solar and wind power, substantially supports market growth. SiC technology helps improve the efficiency and performance of power inverters used in solar panels and wind turbines. This enables better power conversion and management, which is critical for the reliability and scalability of renewable energy infrastructure. The escalating demand for power electronics in various industries also promotes wider adoption of SiC-based components, due to their higher switching frequencies and reduced power losses.

Stringent environmental regulations and emissions reduction targets also strongly influence market expansion. Industries are incentivized to adopt energy-efficient and eco-friendly technologies, with SiC being a preferred material due to its superior thermal and electrical properties. Additionally, U.S. governing bodies provide funding, research grants, and tax incentives specifically for clean energy investments and SiC development. These government initiatives, coupled with ongoing research and development by universities and private companies, foster innovation and accelerate market growth.

United States Silicon Carbide Market Segmentation

Product Insights:

• Black Silicon Carbide: A type of silicon carbide used for abrasive and refractory applications due to its hardness and thermal properties.
• Green Silicon Carbide: A variant typically used in grinding and cutting applications, valued for its abrasive quality.
• Others: Other forms and grades of silicon carbide serving diverse industrial needs.

Application Insights:

• Steel: Usage in steel production processes, including abrasives for grinding and cutting.
• Automotive: Components like power semiconductors and wear-resistant parts benefiting from SiC properties.
• Aerospace: Applications in aircraft components requiring high-temperature resistance.
• Military and Defense: Utilization in defense systems and equipment leveraging SiC's durability.
• Electrical and Electronics: High-power electronics such as inverters and voltage regulators incorporating SiC.
• Healthcare: Specialized applications potentially involving SiC materials.
• Others: Additional miscellaneous uses across various sectors.

Regional Insights

The report covers all major U.S. regional markets: Northeast, Midwest, South, and West. Specific market share statistics or growth rates by region are not provided in the source. The regional segmentation analysis offers a comprehensive view of the silicon carbide market's distribution within these key U.S. areas.

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Competitive Landscape:

The market research report offers an in-depth analysis of the competitive landscape, covering market structure, key player positioning, top winning strategies, a competitive dashboard, and a company evaluation quadrant. Additionally, detailed profiles of all major companies are included.

Key Highlights of the Report

1. Market Performance (2020-2025)
2. Market Outlook (2026-2034)
3. COVID-19 Impact on the Market
4. Porter’s Five Forces Analysis
5. Strategic Recommendations
6. Historical, Current and Future Market Trends
7. Market Drivers and Success Factors
8. SWOT Analysis
9. Structure of the Market
10. Value Chain Analysis
11. Comprehensive Mapping of the Competitive Landscape

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers create lasting impact. The firm offers comprehensive services for market entry and market expansion.

IMARC’s services include thorough market assessments, feasibility studies, company formation assistance, factory setup support, regulatory approvals and license navigation, branding, marketing and sales strategies, competitive landscape and benchmark analysis, pricing and cost studies, and sourcing studies.

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