1. STMicroelectronics maintained its position as the top supplier of SiC devices with a 32.6% market share in 2023. 2. The SiC market, heavily influenced by EV sales, is expected to slow down significantly in 2024. 3. Major players like ST, onsemi, Infineon, Wolfspeed, and ROHM are expanding their SiC production capacities and strategic partnerships to enhance market competitiveness.