Canada Silicon Carbide Power Semiconductors Market to 2032
Overview
The Canada Silicon Carbide Power Semiconductors Market is expected to reach a 330.89 USD Million by 2032 and is projected to grow at a CAGR of 33.23% from 2025 to 2032.
Revenue, 2024 (USD Million)
54.80
Forecast, 2032 (USD Million)
330.89
CAGR, 2024 - 2032
33.23%
Report Coverage
Canada
Canada Silicon Carbide Power Semiconductors Market 2018-2032 USD Million
Canada Silicon Carbide Power Semiconductors Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 54.80 USD Million
- Projected Market Size (2032): 330.89 USD Million
- CAGR (2025-2032): 33.23%
Key Findings of Canada Silicon Carbide Power Semiconductors Market
- The Canada Silicon Carbide Power Semiconductors Market was valued at 54.80 USD Million in 2024.
- The Canada Silicon Carbide Power Semiconductors Market is likely to grow at a CAGR of 33.23% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment SiC Epitaxial Wafers in Wafer Segment accounted for the largest share of the market with a revenue of 30.00 USD Million
- The fastest growing segment MOSFETS in Type Segment grew Fastest with a CAGR of 36.35% during the forecast period from 2024 to 2032.
Canada Silicon Carbide Power Semiconductors Market Scope
Canada Silicon Carbide Power Semiconductors Market Segmentation & Scope
Wafer Size
- 8 & 12 inch
- 6 inch
- 2 inch, 3 inch and 4 inch
Voltage Range
- Less than 300 V
- 1701 V & Above
- 901 V to 1700 V
- 301 V to 900 V
Wafer
- Blank SiC Wafers
- SiC Epitaxial Wafers
Type
- Others
- Junction FET
- Pin Diode
- SiC Bare Die
- Hybrid Modules
- Bipolar Junction Transistor (BJT)
- Schottky Barrier Diodes (SBDs)
- MOSFETS
Application
- Others
- Industrial Motor Drives
- RF Devices
- Photovoltaics
- Power Supplies
- Inverters
- Electric Vehicle (EV)
Vertical
- Others
- Medical
- Aerospace & Defense
- Consumer Electronics
- Renewables/Grids
- Industrial
- Data Centers
- Automotive & Transportation
Canada Silicon Carbide Power Semiconductors Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 54.80 USD Million |
| Market Value in 2032 | 330.89 USD Million |
| CAGR (2025-2032) | 33.23% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Wafer Size,Voltage Range,Wafer,Type,Application,Vertical |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 54.80 USD Million in 2024
- Key Country: Canada, leading in terms of revenue with value of 54.80 USD Million in 2024.
Segments and Scope
-
Canada Silicon Carbide Power Semiconductors Market to 2032, By Wafer Size
- 2 inch, 3 inch and 4 inch is the largest segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 23.94 USD Million in the year 2024.
- 2 inch, 3 inch and 4 inch is the Fastest growing segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 33.95 % in forecast period 2025-2032.
-
Canada Silicon Carbide Power Semiconductors Market to 2032, By Voltage Range
- 301 V to 900 V is the largest segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 24.27 USD Million in the year 2024.
- 301 V to 900 V is the Fastest growing segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 33.91 % in forecast period 2025-2032.
-
Canada Silicon Carbide Power Semiconductors Market to 2032, By Wafer
- SiC Epitaxial Wafers is the largest segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 30.00 USD Million in the year 2024.
- SiC Epitaxial Wafers is the Fastest growing segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 33.78 % in forecast period 2025-2032.
-
Canada Silicon Carbide Power Semiconductors Market to 2032, By Type
- MOSFETS is the largest segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 14.73 USD Million in the year 2024.
- MOSFETS is the Fastest growing segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 36.35 % in forecast period 2025-2032.
-
Canada Silicon Carbide Power Semiconductors Market to 2032, By Application
- Electric Vehicle (EV) is the largest segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 18.46 USD Million in the year 2024.
- Electric Vehicle (EV) is the Fastest growing segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 35.66 % in forecast period 2025-2032.
-
Canada Silicon Carbide Power Semiconductors Market to 2032, By Vertical
- Automotive & Transportation is the largest segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 15.72 USD Million in the year 2024.
- Automotive & Transportation is the Fastest growing segment in Canada Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 35.70 % in forecast period 2025-2032.
Canada Silicon Carbide Power Semiconductors Market Company Share Analysis
Canada Silicon Carbide Power Semiconductors Market Geographical Sales Distribution, 2018-2032 USD Million
Canada Silicon Carbide Power Semiconductors Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Wafer Size,Voltage Range,Wafer,Type,Application,Vertical.
Canada Silicon Carbide Power Semiconductors Market was valued at USD 54.80(Revenue in USD Million) in 2022.
Canada Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 33.23% during the forecast period of 2024 to 2032.
The SiC Epitaxial Wafers segment is expected to dominate the Canada Silicon Carbide Power Semiconductors Market, holding a largest market share of 30.00 USD Million in 2024
Canada Silicon Carbide Power Semiconductors Market Scope
Canada Silicon Carbide Power Semiconductors Market Segmentation & Scope
Wafer Size
- 8 & 12 inch
- 6 inch
- 2 inch, 3 inch and 4 inch
Voltage Range
- Less than 300 V
- 1701 V & Above
- 901 V to 1700 V
- 301 V to 900 V
Wafer
- Blank SiC Wafers
- SiC Epitaxial Wafers
Type
- Others
- Junction FET
- Pin Diode
- SiC Bare Die
- Hybrid Modules
- Bipolar Junction Transistor (BJT)
- Schottky Barrier Diodes (SBDs)
- MOSFETS
Application
- Others
- Industrial Motor Drives
- RF Devices
- Photovoltaics
- Power Supplies
- Inverters
- Electric Vehicle (EV)
Vertical
- Others
- Medical
- Aerospace & Defense
- Consumer Electronics
- Renewables/Grids
- Industrial
- Data Centers
- Automotive & Transportation
Frequently Asked Questions
The Canada Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Wafer Size,Voltage Range,Wafer,Type,Application,Vertical.
Canada Silicon Carbide Power Semiconductors Market was valued at USD 54.80(Revenue in USD Million) in 2022.
Canada Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 33.23% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Silicon Carbide Power Semiconductors Market for final year is USD 330.89 (USD Million).
Canada Silicon Carbide Power Semiconductors Market Company Profiling
Frequently Asked Questions
The Canada Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Wafer Size,Voltage Range,Wafer,Type,Application,Vertical.
Canada Silicon Carbide Power Semiconductors Market was valued at USD 54.80(Revenue in USD Million) in 2022.
Canada Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 33.23% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Silicon Carbide Power Semiconductors Market for final year is USD 330.89 (USD Million).
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