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(2) Rapid technological advancements are prompting increased integration of semiconductor materials, attributed to their ability to offer high abrasion resistance and good thermal conductivity ROCKVILLE, MD / ACCESSWIRE / February 15, 2021 / Award winning market research company Fact.MR s global silicon carbide market report forecasts a positive growth path for 2021, attributed to a post-pandemic recovery scenario, with the resumption of production cycles across such key industries as automotive and aerospace. As per Fact.MR s projections, the market will most likely experience a four-fold growth in the forthcoming assessment period. The market has made stupendous gains in the past, with growing applications across the power electronics domain. Since years, accelerating demand for good quality power in distribution systems along with large scale integration of renewable energy sources has augmented the need for new technologies, hence broadening the scope of power electronics. The

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