SiC CMP Equipment Market, Global Outlook and Forecast 2025-2032

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SiC CMP Equipment Market, Global Outlook and Forecast 2025-2032

The global SiC CMP Equipment Market was valued at 166 million in 2023 and is projected to reach US$ 559 million by 2030, at a CAGR of 21.2% during the forecast period.

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SiC CMP Equipment Market Overview

SiC CMP equipment plays a vital role in the polishing process of silicon carbide wafers. With the help of CMP (chemical mechanical polishing) process, the equipment can effectively remove scratches on the surface of silicon carbide wafers, achieve extremely high surface finish, and ensure that the final surface reaches ultra-smooth, flawless and damage-free high quality standards. This processing step is crucial to the subsequent semiconductor manufacturing process because it directly affects the performance and yield level of the final chip.

We have surveyed the SiC CMP Equipment manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks

• Global SiC CMP Equipment market revenue, 2019-2024, 2025-2030, ($ millions)

• Global SiC CMP Equipment market sales, 2019-2024, 2025-2030, (Units)

• Global top five SiC CMP Equipment companies in 2023 (%)

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SiC CMP Equipment Key Market Trends  :

• Rising Demand for Power Electronics:

The increasing adoption of SiC power devices in EVs, renewable energy, and industrial applications is boosting the demand for high-precision CMP equipment.

• Shift Toward 200 mm SiC Wafers:

The market is witnessing a shift from 150 mm to 200 mm wafers to improve yield and production efficiency, driving new equipment demand.

• Technology Integration in CMP Tools:

CMP equipment is becoming more advanced with features like AI-based monitoring, better polishing uniformity, and enhanced process control.

• Asia-Pacific Leading in Production Expansion:

Countries like China, Japan, and South Korea are rapidly expanding SiC wafer production capacities, creating growth opportunities for CMP equipment manufacturers.

• Strategic Collaborations and Investments:

Key players are partnering with semiconductor foundries and investing in R&D to enhance their product portfolio and meet specific polishing needs.

Total Market by Segment:

Global SiC CMP Equipment market, by Type, 2019-2024, 2025-2030 ($ millions) & (Units)

Global SiC CMP Equipment market segment percentages, by Type, 2023 (%)

• 150 mm SiC Wafer

• 200 mm SiC Wafer

• Others

Global SiC CMP Equipment market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Units)

Global SiC CMP Equipment market segment percentages, by Application, 2023 (%)

• SiC Power Device

• Others

Market Drivers

• Surge in EV and Power Device Adoption:

The rise of electric vehicles and high-performance power electronics is fueling demand for SiC wafers, which in turn increases the need for CMP equipment.

• Growth in Semiconductor Manufacturing:

The global push toward advanced semiconductor nodes using SiC technology is accelerating CMP equipment installations worldwide.

• Increased Use of SiC in Industrial Applications:

SiC is being increasingly used in power grids, solar inverters, and rail systems, necessitating precise wafer processing with CMP tools.

FAQs

Q1. What are the key driving factors and opportunities in the SiC CMP Equipment market?

A: Rising demand for SiC-based power devices in electric vehicles, renewable energy, and industrial sectors, along with the transition to 200 mm wafers, are major growth drivers and opportunities.

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Q2. Which region is projected to have the largest market share?

A: Asia-Pacific, especially China, Japan, and South Korea, is expected to dominate the market due to significant investments in semiconductor manufacturing.

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Q3. Who are the top players in the global SiC CMP Equipment market?

A: Key players include AMAT, EBARA, Axus Technology, ACCRETECH, Beijing Semicore, and Hwatsing Technology.

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Q4. What are the latest technological advancements in the industry?

A: Advancements include AI-integrated CMP systems, enhanced polishing uniformity, and precision control for 200 mm SiC wafers.

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Q5. What is the current size of the global SiC CMP Equipment market?

A: The market was valued at USD 166 million in 2023 and is projected to reach USD 559 million by 2030, growing at a CAGR of 21.2%.

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About Semiconductor Insight:

Established in 2016, Semiconductor Insight specializes in providing comprehensive semiconductor industry research and analysis to support businesses in making well-informed decisions within this dynamic and fast-paced sector. From the beginning, we have been committed to delivering in-depth semiconductor market research, identifying key trends, opportunities, and challenges shaping the global semiconductor industry.

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