Global SiC Power Semiconductor Market is Expected to Grow at 19.3% in the Forecast Period of 2020 to 2027

Global SiC Power Semiconductor Market is forecasted to grow at 19.3% with factors such as increasing inclination towards photography.

SiC power semiconductor market has shown an exceptional penetration in countries such as in China, U.S. and Japan. Growing demand of efficient semiconductor components is increasing the penetration in developed countries. In developing countries, rising buying capacity is creating opportunity for the global SiC power semiconductor market.

SiC power semiconductor Market Scenario

According to Data Bridge Market Research the market for SiC power semiconductor in Asia-Pacific region has the highest market share followed by North America and Europe. Market leader is Cree, Inc. which accounts an estimated market share of approximately 15% to 25% in the Asia-Pacific. The companies have gained outstanding sales through their industrial product which includes SiC MOSFETs, SiC Schottky Diodes and SiC Power Modules.

Trends Impacting the Market

Now the question is which other regions Cree, Inc., STMicroelectronics and Infineon Technologies AG. are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific SiC power semiconductor market and the market leaders are targeting Japan and India to be their next revenue pockets for 2020.

The SiC power semiconductor market is becoming more competitive every year with companies such as Cree, Inc., STMicroelectronics and Infineon Technologies AG as they are the market leaders for SiC power semiconductor. The data bridge market research new reports highlight the major growth factors and opportunities in the SiC power semiconductor market.

For more analysis on the SiC power semiconductor market request for a briefing with our analysts

SiC power semiconductor Market Development

  • In May 2019, Cree, Inc. announced to invest USD 1 billion SiC material production. The investment would increase the SiC wafer and material production by 30 folds. The strategic investment to increase the production would increase the customer base of the company.

Scope of the SiC power semiconductor Market

Global SiC power semiconductor market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East and Africa.

  • All country based analysis of SiC power semiconductor market is further analyzed based on further segmentation. On the basis of type, global SiC power semiconductor market is segmented into MOSFETS, hybrid modules, schottky barrier diodes (SBDS), sic bare die, pin diode, junction FET (JFET), bipolar junction transistor (BJT) and others. On the basis of voltage range, global SiC power semiconductor market is segmented into less than 300V, 301-900V, 901-1700V, 1701V and above. On the basis of application, the market is segmented into power supplies, electric vehicles (EV), EV charging infrastructure, industrial motor drives, inverters, RF devices and others. On the basis of wafer size, the market is segmented into 2 inch, 4 inch, 6 inch and above. On the basis of wafer type, the market is segmented blank SiC wafers and SiC epitaxial wafers. On the basis of vertical, the market is segmented industrial, commercial, automotive, consumer electronics, utilities & energy, aerospace & defense, medical, it and telecommunications, others.

To know more about the study

Key Pointers Covered in SiC power semiconductor Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • Cree, Inc.
  • Infineon Technologies AG
  • Microsemi, Mitsubishi Electric Corporation
  • Toshiba Corporation, Texas Instruments Incorporated
  • NXP Semiconductors
  • Semiconductor Components Industries, LLC
  • STMicroelectronics
  • Renesas Electronics Corporation
  • Fuji Electric Co., Ltd.
  • ROHM CO., LTD.
  • GE
  • Global Power Technologies Group
  • Littelfuse, Inc.
  • UnitedSiC, SEMIKRON
  • Hitachi Power Semiconductor Device
  • GeneSiC Semiconductor Inc.
  • Xiamen Powerway Advanced Material Co., Ltd

Above are the key players covered in the report, to know about more and exhaustive list of SiC power semiconductor companies, contact us

Research Methodology: Global SiC power semiconductor Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Product Managers, Semiconductor component Manufacturers, Power electronics Manufacturers
  • Supply Side: Service Providers, Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Related Reports

Browse in Semiconductors and Electronics Category Related Reports@