Europe Silicon Carbide Power Semiconductors Market to 2032
Overview
The Europe Silicon Carbide Power Semiconductors Market is expected to reach a 2,113.24 USD Million by 2032 and is projected to grow at a CAGR of 28.97% from 2025 to 2032.
Revenue, 2024 (USD Million)
426.81
Forecast, 2032 (USD Million)
2,113.24
CAGR, 2024 - 2032
28.97%
Report Coverage
Europe
Europe Silicon Carbide Power Semiconductors Market 2018-2032 USD Million
Europe Silicon Carbide Power Semiconductors Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 426.81 USD Million
- Projected Market Size (2032): 2,113.24 USD Million
- CAGR (2025-2032): 28.97%
Key Findings of Europe Silicon Carbide Power Semiconductors Market
- The Europe Silicon Carbide Power Semiconductors Market was valued at 426.81 USD Million in 2024.
- The Europe Silicon Carbide Power Semiconductors Market is likely to grow at a CAGR of 28.97% 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 240.04 USD Million
- The fastest growing segment Automotive & Transportation in Vertical Segment grew Fastest with a CAGR of 31.12% during the forecast period from 2024 to 2032.
Europe Silicon Carbide Power Semiconductors Market Scope
Europe 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
Europe Silicon Carbide Power Semiconductors Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 426.81 USD Million |
| Market Value in 2032 | 2,113.24 USD Million |
| CAGR (2025-2032) | 28.97% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Wafer Size,Voltage Range,Wafer,Type,Application,Vertical |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 426.81 USD Million in 2024
- Key Country: Germany, leading in terms of revenue with value of 85.64 USD Million in 2024.
Segments and Scope
-
Europe Silicon Carbide Power Semiconductors Market to 2032, By Wafer Size
- 2 inch, 3 inch and 4 inch is the largest segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 188.49 USD Million in the year 2024.
- 2 inch, 3 inch and 4 inch is the Fastest growing segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 30.05 % in forecast period 2025-2032.
-
Europe Silicon Carbide Power Semiconductors Market to 2032, By Voltage Range
- 301 V to 900 V is the largest segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 197.68 USD Million in the year 2024.
- 301 V to 900 V is the Fastest growing segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 29.82 % in forecast period 2025-2032.
-
Europe Silicon Carbide Power Semiconductors Market to 2032, By Wafer
- SiC Epitaxial Wafers is the largest segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 240.04 USD Million in the year 2024.
- SiC Epitaxial Wafers is the Fastest growing segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 29.59 % in forecast period 2025-2032.
-
Europe Silicon Carbide Power Semiconductors Market to 2032, By Type
- MOSFETS is the largest segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 127.41 USD Million in the year 2024.
- MOSFETS is the Fastest growing segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 30.67 % in forecast period 2025-2032.
-
Europe Silicon Carbide Power Semiconductors Market to 2032, By Application
- Electric Vehicle (EV) is the largest segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 151.59 USD Million in the year 2024.
- Electric Vehicle (EV) is the Fastest growing segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 30.77 % in forecast period 2025-2032.
-
Europe Silicon Carbide Power Semiconductors Market to 2032, By Vertical
- Automotive & Transportation is the largest segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 124.22 USD Million in the year 2024.
- Automotive & Transportation is the Fastest growing segment in Europe Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 31.12 % in forecast period 2025-2032.
Europe Silicon Carbide Power Semiconductors Market Company Share Analysis
Europe Silicon Carbide Power Semiconductors Market Geographical Sales Distribution, 2018-2032 USD Million
Europe Silicon Carbide Power Semiconductors Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Wafer Size,Voltage Range,Wafer,Type,Application,Vertical.
Europe Silicon Carbide Power Semiconductors Market was valued at USD 426.81(Revenue in USD Million) in 2022.
Europe Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 28.97% during the forecast period of 2024 to 2032.
The SiC Epitaxial Wafers segment is expected to dominate the Europe Silicon Carbide Power Semiconductors Market, holding a largest market share of 240.04 USD Million in 2024
Europe Silicon Carbide Power Semiconductors Market Scope
Europe 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 Europe Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Wafer Size,Voltage Range,Wafer,Type,Application,Vertical.
Europe Silicon Carbide Power Semiconductors Market was valued at USD 426.81(Revenue in USD Million) in 2022.
Europe Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 28.97% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Silicon Carbide Power Semiconductors Market for final year is USD 2,113.24 (USD Million).
Europe Silicon Carbide Power Semiconductors Market Company Profiling
Frequently Asked Questions
The Europe Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Wafer Size,Voltage Range,Wafer,Type,Application,Vertical.
Europe Silicon Carbide Power Semiconductors Market was valued at USD 426.81(Revenue in USD Million) in 2022.
Europe Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 28.97% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Silicon Carbide Power Semiconductors Market for final year is USD 2,113.24 (USD Million).
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