|By Vaibhav Mondhe||
|January 10, 2014 03:43 PM EST||
Transparency Market Research has released a new market report titled "Silicon Carbide (Black SiC, Green SiC) Market for Automotive, Aerospace, Military, Electronics, Healthcare, Steel and Energy Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019". According to the report, silicon carbide demand was over USD 1.45 billion in 2012 and is expected to reach USD 3.82 billion by 2019, growing at a CAGR of 15.3% from 2013 to 2019. In terms of volume, silicon carbide consumption is expected to reach 2,377.1 kilo tons in 2019, growing at a CAGR of 14.5% from 2013 to 2019.
Browse the full report: http://www.transparencymarketresearch.com/silicon-carbide-market.html
Growing demand in the steel manufacturing and steel recycling industries and the dependence of electronics & semiconductors on silicon carbide are factors that are expected to drive SiC demand over the next five years. High level of precision involved in the manufacture of components and low tolerance specifications in their applications are expected to be key challenges for market participants in the coming years.
Black and green SiC were the dominant product segments, and accounted for over 90% of the overall market share in 2012. Black SiC is expected to continue holding its market position in the near future and is expected to grow at a CAGR of 15.4% between 2013 and 2019. Green SiC consumption is expected to reach 656.1 kilo tons by 2019. Coated, refractory and metallurgical SiC along with metallurgical briquettes and SiC micro grit accounted for a smaller part of the market with applications in high-performance applications.
Silicon carbide is primarily used in steel & energy, automotives, aerospace & aviation, military & defense, electronics & semiconductors and medical & healthcare end-user segments. Steel & energy showed the highest demand for silicon carbide in 2012 and accounted for more than 28% of the market. Electronics & semiconductors and automotives were the other major segments for the material and are also expected to show strong demand in the near future. Medical & healthcare is expected to show the most demand for silicon carbide during the forecast period and is expected to grow at a CAGR of 15.6% between 2013 and 2019.
Asia Pacific was the largest market for silicon carbide in 2012 and accounted for more than 50% of the global demand. Steel & energy, electronics & semiconductors and automotives were the major markets driving sales for silicon carbide in Asia Pacific, making it the largest market in terms of volume. Asia Pacific and RoW are expected to be strong future markets for silicon carbide owing to growing industrialization and infrastructure. SiC demand in North America and Europe is expected to reach 249.6 kilo tons and 375.6 kilo tons by 2019 respectively. ESK-SIC Gmbh, The Dow Chemical Company, Grindwell Norton Ltd. AGSCO Corporation, Entegris Inc., Norstel AB and Gaddis Engineered Materials along with others were key market participants in the SiC industry.
Silicon Carbide Market: End-user Analysis
- Steel & energy
- Aerospace & aviation
- Military & defense
- Electronics & semiconductors
- Medical & healthcare
- Others (Chemicals, fabrication etc.)
Silicon Carbide Market: Regional Analysis
- North America
- Asia Pacific
- Rest of the World (RoW)
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Jul. 30, 2016 09:45 PM EDT Reads: 1,315
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 30, 2016 09:45 PM EDT Reads: 1,492
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 30, 2016 09:30 PM EDT Reads: 1,525
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Jul. 30, 2016 07:30 PM EDT Reads: 1,761
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Jul. 30, 2016 07:30 PM EDT Reads: 1,317
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jul. 30, 2016 07:00 PM EDT Reads: 2,771
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Jul. 30, 2016 05:00 PM EDT Reads: 1,304
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 30, 2016 04:30 PM EDT Reads: 2,276
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
Jul. 30, 2016 04:30 PM EDT Reads: 580
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Jul. 30, 2016 04:30 PM EDT Reads: 1,122
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Jul. 30, 2016 04:15 PM EDT Reads: 640
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Jul. 30, 2016 02:30 PM EDT Reads: 1,070
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
Jul. 30, 2016 02:00 PM EDT Reads: 538
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Jul. 30, 2016 01:30 PM EDT Reads: 982
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
Jul. 30, 2016 01:00 PM EDT Reads: 1,863