SiC-on-Insulator (SiCOI) Film Market Report 2026

The sic-on-insulator (sicoi) film market size has grown exponentially in recent years. It will grow from $0.09 billion in 2025 to $0.13 billion in 2026 at a compound annual growth rate (CAGR) of 48.3%. The growth in the historic period can be attributed to growth of power semiconductor devices, early adoption of silicon carbide materials, increasing demand for high-temperature electronics, advancements in wide bandgap semiconductors, rising industrial automation needs.

The sic-on-insulator (sicoi) film market size is expected to see exponential growth in the next few years. It will grow to $0.55 billion in 2030 at a compound annual growth rate (CAGR) of 42.6%. The growth in the forecast period can be attributed to expansion of electric vehicle power systems, growing investments in energy-efficient electronics, rising demand for high-frequency RF devices, increased focus on thermal management solutions, scaling of next-generation semiconductor manufacturing. Major trends in the forecast period include rising adoption of sic-on-insulator films in high-power devices, increasing use of sicoi technology for high-temperature applications, growing demand for high-frequency semiconductor substrates, advancements in wafer bonding and smart cut technologies, expansion of sic-based materials in power electronics.

The increasing adoption of electric vehicles (EVs) is expected to drive the growth of the SiC-on-Insulator (SiCOI) film market in the coming years. EVs are vehicles powered by electricity stored in batteries or fuel cells, in contrast to traditional internal combustion engines. The rise in EV adoption is attributed to growing environmental awareness, advancements in battery technology, and supportive government policies. SiCOI films play a crucial role in electric vehicles by improving the efficiency and reliability of power electronics, which helps extend battery life and enhance overall vehicle performance. For example, the International Energy Agency's (IEA) Global Electric Vehicle (EV) Outlook 2023, published in April 2023, projects that the global number of EVs will grow from approximately 30 million in 2022 to around 240 million by 2030, reflecting an average annual growth rate of about 30%. Additionally, EV sales are expected to exceed 20 million vehicles in 2025 and more than 40 million in 2030, representing over 20% and 30% of total vehicle sales, respectively.

Major companies in the SiC-on-insulator (SiCOI) film market are prioritizing the development of advanced substrates that improve thermal conductivity, enhance film quality, and streamline manufacturing processes. SiCOI films are specialized semiconductor substrates designed to support high-temperature and high-power performance, making them ideal for applications in the automotive, aerospace, and renewable energy industries. For example, in September 2023, Soitec SA, a France-based semiconductor materials company, opened a new production facility for its SmartSiC substrates. The facility employs Soitec’s patented SmartCut technology, which allows each SiC substrate to be reused up to ten times while reducing CO₂ emissions during wafer production by 70%. Engineered to support high-performance power devices with improved yields, smaller die sizes, and greater energy efficiency, this advancement underscores the market’s focus on sustainable, efficient, and high-quality SiCOI film manufacturing.

In May 2024, Soitec SA partnered with Tokai Carbon Co. Ltd. to develop polycrystalline silicon carbide (polySiC) substrates for Soitec's SmartSiCTM-engineered wafers. This strategic partnership focuses on the co-development and supply of polySiC substrates designed for Soitec's SmartSiC wafers. Tokai Carbon Co. Ltd. is a Japan-based manufacturer of carbon and graphite products.

Major companies operating in the sic-on-insulator (sicoi) film market are Hitachi Power Semiconductor Device Ltd., Nippon Steel Corporation, Sumitomo Electric Industries Ltd., Mitsubishi Electric Corporation, Micron Technology, Toshiba Corporation, Texas Instruments, STMicroelectronics, Murata Manufacturing, Analog Devices Inc., Renesas Electronics Corporation, Fuji Electric Co. Ltd., Coherent Corp., Rohm Co. Ltd., ASM International, GlobalWafers, Disco Corporation, Soitec, Wolfspeed, X-FAB Silicon Foundries, Cree Inc., Transphorm, United Silicon Carbide Inc., SK Siltron, SICC Materials Co. Ltd., SiCrystal AG.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the silicon carbide-on-insulator film market by increasing costs for imported SiC substrates, precision manufacturing equipment, and advanced wafer processing technologies. These effects are most pronounced in power electronics and automotive segments, particularly in Asia-Pacific and Europe where SiC manufacturing is concentrated. Higher tariffs have led to pricing pressures and longer lead times for device manufacturers. However, tariffs have also encouraged domestic production, regional capacity expansion, and investments in localized SiCOI fabrication, strengthening long-term supply chain resilience.

The sic-on-insulator (SICOI) film market research report is one of a series of new reports that provides sic-on-insulator (SICOI) film market statistics, including sic-on-insulator (SICOI) film industry global market size, regional shares, competitors with a sic-on-insulator (SICOI) film market share, detailed sic-on-insulator (SICOI) film market segments, market trends and opportunities, and any further data you may need to thrive in the sic-on-insulator (SICOI) film industry. This sic-on-insulator (SICOI) film market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Silicon carbide (SiC)-on-insulator film involves depositing a thin layer of silicon carbide (SiC) onto an insulating substrate, typically silicon dioxide (SiO2). This structure combines SiC's high thermal conductivity and electronic properties with the electrical isolation benefits of the insulator, making it advantageous for applications requiring high power, high temperature, and high frequency. SiCOI technology aims to improve device performance while reducing power consumption and heat dissipation.

The main substrate types for SiC-on-insulator (SiCOI) films include silicon (Si), silicon carbide (SiC), sapphire, and others. A silicon (Si) substrate is a polished wafer of silicon used as the base material for semiconductor device fabrication. The technology involves methods such as smart cut technology, grinding, polishing, or bonding, and the wafer sizes range from 100 mm (4-inch) to 300 mm (12-inch). SiCOI finds applications in power electronics, aerospace, defense, automotive, consumer electronics, and other industries.North America was the largest region in the SiC-on-insulator (SiCOI) film market in 2025. The regions covered in the sic-on-insulator (sicoi) film market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the sic-on-insulator (sicoi) film market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The SiC-on-insulator (SiCOI) film market consists of sales of SiCOI wafers, substrates, and related materials used in the production of high-performance electronic devices, including power transistors, radio frequency devices, sensors, and integrated circuits. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.