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The global silicon carbide (SiC) substrate market is expected to witness significant growth in the coming years, driven by the increasing demand for energy-efficient electronics and the expanding electric vehicle (EV) market. SiC substrates offer superior thermal conductivity and higher energy efficiency compared to traditional silicon, making them ideal for power electronics applications. The market is also fueled by the rising use of SiC in renewable energy systems and telecommunications. Key players are investing in research and development to enhance production capabilities. Market forecas
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