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This article discusses the potential growth of the global silicon carbide market, driven by the modernization of power grids and the transition towards smart grid technologies. It also highlights the opportunities for SiC manufacturers to collaborate with utilities and grid operators, as well as the potential applications of SiC in aerospace, defense, oil and gas, and industrial sectors. Additionally, the demand for efficient and reliable motor drive systems in industrial automation, robotics, and electric propulsion systems is driving the adoption of SiC-based power modules. The integration of SiC technology with AI and machine learning algorithms also presents opportunities for further growth.
