| Product Code: ETC4704102 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Denmark silicon carbide import shipments in 2024 continued to be dominated by top exporting countries such as Norway (excluding Svalbard and Jan Mayen), Germany, Sweden, Belgium, and Czechia. The market remained highly concentrated, with a very high Herfindahl-Hirschman Index (HHI) indicating limited competition. The compound annual growth rate (CAGR) from 2020 to 2024 was negative at -7.34%, reflecting a challenging market environment. Furthermore, the growth rate from 2023 to 2024 experienced a significant decline of -24.38%, highlighting a potential slowdown in demand or supply dynamics within the industry.
Denmark's Silicon carbide market is anticipated to experience a negative growth rate of -0.00% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Denmark Silicon carbide Market Overview |
3.1 Denmark Country Macro Economic Indicators |
3.2 Denmark Silicon carbide Market Revenues & Volume, 2021 & 2031F |
3.3 Denmark Silicon carbide Market - Industry Life Cycle |
3.4 Denmark Silicon carbide Market - Porter's Five Forces |
3.5 Denmark Silicon carbide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Denmark Silicon carbide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Denmark Silicon carbide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for silicon carbide in the automotive industry for electric vehicles due to its properties such as high thermal conductivity and resistance to high temperatures. |
4.2.2 Growing adoption of silicon carbide in the renewable energy sector for power electronics applications, such as inverters for solar panels and wind turbines. |
4.2.3 Government initiatives and regulations promoting energy efficiency and reducing carbon emissions, driving the demand for silicon carbide in various industries. |
4.3 Market Restraints |
4.3.1 High production costs associated with silicon carbide manufacturing processes, limiting its widespread adoption. |
4.3.2 Lack of skilled workforce and technical expertise in handling silicon carbide materials, hindering market growth. |
4.3.3 Intense competition from other semiconductor materials like gallium nitride (GaN) posing a challenge to the silicon carbide market. |
5 Denmark Silicon carbide Market Trends |
6 Denmark Silicon carbide Market Segmentations |
6.1 Denmark Silicon carbide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Denmark Silicon carbide Market Revenues & Volume, By Black Silicon Carbide, 2021-2031F |
6.1.3 Denmark Silicon carbide Market Revenues & Volume, By Green Silicon Carbide, 2021-2031F |
6.2 Denmark Silicon carbide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Denmark Silicon carbide Market Revenues & Volume, By Steel, 2021-2031F |
6.2.3 Denmark Silicon carbide Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Denmark Silicon carbide Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.5 Denmark Silicon carbide Market Revenues & Volume, By Military & Defense, 2021-2031F |
6.2.6 Denmark Silicon carbide Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.7 Denmark Silicon carbide Market Revenues & Volume, By Healthcare, 2021-2031F |
7 Denmark Silicon carbide Market Import-Export Trade Statistics |
7.1 Denmark Silicon carbide Market Export to Major Countries |
7.2 Denmark Silicon carbide Market Imports from Major Countries |
8 Denmark Silicon carbide Market Key Performance Indicators |
8.1 Average selling price (ASP) of silicon carbide products. |
8.2 Rate of adoption of silicon carbide in key industries such as automotive and renewable energy. |
8.3 Number of research and development (RD) collaborations for improving silicon carbide properties and manufacturing processes. |
8.4 Percentage of silicon carbide products meeting industry quality standards. |
8.5 Energy efficiency improvements achieved through the use of silicon carbide in various applications. |
9 Denmark Silicon carbide Market - Opportunity Assessment |
9.1 Denmark Silicon carbide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Denmark Silicon carbide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Denmark Silicon carbide Market - Competitive Landscape |
10.1 Denmark Silicon carbide Market Revenue Share, By Companies, 2024 |
10.2 Denmark Silicon carbide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |