Short-term slowdown, long-term SiC
Despite a temporary slowdown in BEV shipments, the SiC market remains on a long-term growth trajectory. At Yole Group, analysts expect the power SiC market to exceed $10 billion by 2029, driven by a strong rebound anticipated in 2026. Indeed, the CAGR between 2024 and 2023 should be close to 20%. Poshun Chiu, Senior Technology