Asia-Pacific SiC Power Semiconductor Market to 2032

Overview

The Asia-Pacific SiC Power Semiconductor Market is expected to reach a 2.44 USD Million by 2032 and is projected to grow at a CAGR of 27.57% from 2025 to 2032.

Revenue, 2024 (USD Million)
0.54
Forecast, 2032 (USD Million)
2.44
CAGR, 2024 - 2032
27.57%
Report Coverage
Asia-Pacific

Asia-Pacific SiC Power Semiconductor Market 2018-2032 USD Million

Asia-Pacific SiC Power Semiconductor Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 0.54 USD Million
  • Projected Market Size (2032): 2.44 USD Million
  • CAGR (2025-2032): 27.57%

Key Findings of Asia-Pacific SiC Power Semiconductor Market

  • The Asia-Pacific SiC Power Semiconductor Market was valued at 0.54 USD Million in 2024.
  • The Asia-Pacific SiC Power Semiconductor Market is likely to grow at a CAGR of 27.57% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Sic Epitaxial Wafers in Wafer Type Segment accounted for the largest share of the market with a revenue of 0.37 USD Million
  • The fastest growing segment MOSFETs in Type Segment grew Fastest with a CAGR of 29.58% during the forecast period from 2024 to 2032.

Asia-Pacific SiC Power Semiconductor Market Scope

Asia-Pacific SiC Power Semiconductor Market Segmentation & Scope
Voltage Range
  • Less than 300V
  • 1701V and above
  • 301-900V
  • 901-1700V
Application
  • RF Devices
  • Others
  • Inverters
  • Electric Vehicles (EV)
  • Industrial Motor Drives
  • Power Supplies
Wafer Size
  • 2 Inch
  • 4 Inch
  • 6 Inch and above
Wafer Type
  • Blank Sic Wafers
  • Sic Epitaxial Wafers
Type
  • Others
  • Junction FET (JFET)
  • PiN Diode
  • Sic Bare Die
  • Schottky Barrier Diodes (SBDs)
  • Bipolar Junction Transistor (BJT)
  • Hybrid Modules
  • MOSFETs
Vertical
  • Medical
  • Others
  • Aerospace & Defense
  • IT and Telecommunications
  • Commercial
  • Consumer Electronics
  • Utilities & Energy
  • Automotive
  • Industrial

Asia-Pacific SiC Power Semiconductor Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Million
Market Value in 2024 0.54 USD Million
Market Value in 2032 2.44 USD Million
CAGR (2025-2032) 27.57%
Historic Data 2016-2023
Market Segments Covered Voltage Range,Application,Wafer Size,Wafer Type,Type,Vertical

Regional Insights:

  • Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 0.54 USD Million in 2024
    • Key Country: China, leading in terms of revenue with value of 0.12 USD Million in 2024.

Segments and Scope

  • Asia-Pacific SiC Power Semiconductor Market to 2032, By Voltage Range
    • 901-1700V is the largest segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a revenue of 0.30 USD Million in the year 2024.
    • 901-1700V is the Fastest growing segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a Growth rate of 28.27 % in forecast period 2025-2032.
  • Asia-Pacific SiC Power Semiconductor Market to 2032, By Application
    • Power Supplies is the largest segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a revenue of 0.15 USD Million in the year 2024.
    • Power Supplies is the Fastest growing segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a Growth rate of 29.09 % in forecast period 2025-2032.
  • Asia-Pacific SiC Power Semiconductor Market to 2032, By Wafer Size
    • 6 Inch and above is the largest segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a revenue of 0.27 USD Million in the year 2024.
    • 6 Inch and above is the Fastest growing segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a Growth rate of 28.36 % in forecast period 2025-2032.
  • Asia-Pacific SiC Power Semiconductor Market to 2032, By Wafer Type
    • Sic Epitaxial Wafers is the largest segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a revenue of 0.37 USD Million in the year 2024.
    • Sic Epitaxial Wafers is the Fastest growing segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a Growth rate of 27.93 % in forecast period 2025-2032.
  • Asia-Pacific SiC Power Semiconductor Market to 2032, By Type
    • MOSFETs is the largest segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a revenue of 0.19 USD Million in the year 2024.
    • MOSFETs is the Fastest growing segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a Growth rate of 29.58 % in forecast period 2025-2032.
  • Asia-Pacific SiC Power Semiconductor Market to 2032, By Vertical
    • Industrial is the largest segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a revenue of 0.12 USD Million in the year 2024.
    • Automotive is the Fastest growing segment in Asia-Pacific SiC Power Semiconductor Market to 2032 with a Growth rate of 28.55 % in forecast period 2025-2032.

Asia-Pacific SiC Power Semiconductor Market Company Share Analysis

 
Company Name Company Share Analysis
Mitsubishi Electric Corporation
TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
Renesas Electronics Corporation
STMicroelectronics
Allegro MicroSystems, Inc.
Asia-Pacific SiC Power Semiconductor Market Company Share Analysis

Asia-Pacific SiC Power Semiconductor Market Geographical Sales Distribution, 2018-2032 USD Million

Asia-Pacific SiC Power Semiconductor Market Geographical Sales Distribution, 2018-2032 USD Million

Asia-Pacific SiC Power Semiconductor Market Company Profiling

Asia-Pacific SiC Power Semiconductor Market Company Profiling
Frequently Asked Questions
The Asia-Pacific SiC Power Semiconductor Market is segmented based on Segmentation Voltage Range,Application,Wafer Size,Wafer Type,Type,Vertical.
Asia-Pacific SiC Power Semiconductor Market was valued at USD 0.54(Revenue in USD Million) in 2022.
Asia-Pacific SiC Power Semiconductor Market is projected to grow at a CAGR of 27.57% during the forecast period of 2024 to 2032.
The Sic Epitaxial Wafers segment is expected to dominate the Asia-Pacific SiC Power Semiconductor Market, holding a largest market share of 0.37 USD Million in 2024

Asia-Pacific SiC Power Semiconductor Market Scope

Asia-Pacific SiC Power Semiconductor Market Segmentation & Scope
Voltage Range
  • Less than 300V
  • 1701V and above
  • 301-900V
  • 901-1700V
Application
  • RF Devices
  • Others
  • Inverters
  • Electric Vehicles (EV)
  • Industrial Motor Drives
  • Power Supplies
Wafer Size
  • 2 Inch
  • 4 Inch
  • 6 Inch and above
Wafer Type
  • Blank Sic Wafers
  • Sic Epitaxial Wafers
Type
  • Others
  • Junction FET (JFET)
  • PiN Diode
  • Sic Bare Die
  • Schottky Barrier Diodes (SBDs)
  • Bipolar Junction Transistor (BJT)
  • Hybrid Modules
  • MOSFETs
Vertical
  • Medical
  • Others
  • Aerospace & Defense
  • IT and Telecommunications
  • Commercial
  • Consumer Electronics
  • Utilities & Energy
  • Automotive
  • Industrial
Frequently Asked Questions
The Asia-Pacific SiC Power Semiconductor Market is segmented based on Segmentation Voltage Range,Application,Wafer Size,Wafer Type,Type,Vertical.
Asia-Pacific SiC Power Semiconductor Market was valued at USD 0.54(Revenue in USD Million) in 2022.
Asia-Pacific SiC Power Semiconductor Market is projected to grow at a CAGR of 27.57% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific SiC Power Semiconductor Market for final year is USD 2.44 (USD Million).

Asia-Pacific SiC Power Semiconductor Market Company Profiling

Asia-Pacific SiC Power Semiconductor Market Company Profiling
Frequently Asked Questions
The Asia-Pacific SiC Power Semiconductor Market is segmented based on Segmentation Voltage Range,Application,Wafer Size,Wafer Type,Type,Vertical.
Asia-Pacific SiC Power Semiconductor Market was valued at USD 0.54(Revenue in USD Million) in 2022.
Asia-Pacific SiC Power Semiconductor Market is projected to grow at a CAGR of 27.57% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific SiC Power Semiconductor Market for final year is USD 2.44 (USD Million).

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