Mexico Silicon Carbide Power Semiconductors Market to 2032
Overview
The Mexico Silicon Carbide Power Semiconductors Market is expected to reach a 91.50 USD Million by 2032 and is projected to grow at a CAGR of 32.54% from 2025 to 2032.
Revenue, 2024 (USD Million)
15.65
Forecast, 2032 (USD Million)
91.50
CAGR, 2024 - 2032
32.54%
Report Coverage
Mexico
Mexico Silicon Carbide Power Semiconductors Market 2018-2032 USD Million
Mexico Silicon Carbide Power Semiconductors Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 15.65 USD Million
- Projected Market Size (2032): 91.50 USD Million
- CAGR (2025-2032): 32.54%
Key Findings of Mexico Silicon Carbide Power Semiconductors Market
- The Mexico Silicon Carbide Power Semiconductors Market was valued at 15.65 USD Million in 2024.
- The Mexico Silicon Carbide Power Semiconductors Market is likely to grow at a CAGR of 32.54% 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 8.59 USD Million
- The fastest growing segment MOSFETS in Type Segment grew Fastest with a CAGR of 35.79% during the forecast period from 2024 to 2032.
Mexico Silicon Carbide Power Semiconductors Market Scope
Mexico Silicon Carbide Power Semiconductors Market Segmentation & Scope
Vertical
- Others
- Medical
- Aerospace & Defense
- Consumer Electronics
- Renewables/Grids
- Industrial
- Data Centers
- Automotive & Transportation
Application
- Others
- Industrial Motor Drives
- RF Devices
- Photovoltaics
- Power Supplies
- Inverters
- Electric Vehicle (EV)
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
Mexico Silicon Carbide Power Semiconductors Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 15.65 USD Million |
| Market Value in 2032 | 91.50 USD Million |
| CAGR (2025-2032) | 32.54% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vertical,Application,Wafer Size,Voltage Range,Wafer,Type |
Regional Insights:
-
Leading Market (2024-2032): Mexico, leading in terms of revenue 15.65 USD Million in 2024
- Key Country: Mexico, leading in terms of revenue with value of 15.65 USD Million in 2024.
Segments and Scope
-
Mexico Silicon Carbide Power Semiconductors Market to 2032, By Vertical
- Automotive & Transportation is the largest segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 4.13 USD Million in the year 2024.
- Automotive & Transportation is the Fastest growing segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 35.16 % in forecast period 2025-2032.
-
Mexico Silicon Carbide Power Semiconductors Market to 2032, By Application
- Electric Vehicle (EV) is the largest segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 5.20 USD Million in the year 2024.
- Electric Vehicle (EV) is the Fastest growing segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 34.64 % in forecast period 2025-2032.
-
Mexico Silicon Carbide Power Semiconductors Market to 2032, By Wafer Size
- 2 inch, 3 inch and 4 inch is the largest segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 6.91 USD Million in the year 2024.
- 2 inch, 3 inch and 4 inch is the Fastest growing segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 33.65 % in forecast period 2025-2032.
-
Mexico Silicon Carbide Power Semiconductors Market to 2032, By Voltage Range
- 301 V to 900 V is the largest segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 6.87 USD Million in the year 2024.
- 301 V to 900 V is the Fastest growing segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 33.56 % in forecast period 2025-2032.
-
Mexico Silicon Carbide Power Semiconductors Market to 2032, By Wafer
- SiC Epitaxial Wafers is the largest segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 8.59 USD Million in the year 2024.
- SiC Epitaxial Wafers is the Fastest growing segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 33.22 % in forecast period 2025-2032.
-
Mexico Silicon Carbide Power Semiconductors Market to 2032, By Type
- MOSFETS is the largest segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 4.27 USD Million in the year 2024.
- MOSFETS is the Fastest growing segment in Mexico Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 35.79 % in forecast period 2025-2032.
Mexico Silicon Carbide Power Semiconductors Market Company Share Analysis
Mexico Silicon Carbide Power Semiconductors Market Geographical Sales Distribution, 2018-2032 USD Million
Mexico Silicon Carbide Power Semiconductors Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Mexico Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Vertical,Application,Wafer Size,Voltage Range,Wafer,Type.
Mexico Silicon Carbide Power Semiconductors Market was valued at USD 15.65(Revenue in USD Million) in 2022.
Mexico Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 32.54% during the forecast period of 2024 to 2032.
The SiC Epitaxial Wafers segment is expected to dominate the Mexico Silicon Carbide Power Semiconductors Market, holding a largest market share of 8.59 USD Million in 2024
Mexico Silicon Carbide Power Semiconductors Market Scope
Mexico Silicon Carbide Power Semiconductors Market Segmentation & Scope
Vertical
- Others
- Medical
- Aerospace & Defense
- Consumer Electronics
- Renewables/Grids
- Industrial
- Data Centers
- Automotive & Transportation
Application
- Others
- Industrial Motor Drives
- RF Devices
- Photovoltaics
- Power Supplies
- Inverters
- Electric Vehicle (EV)
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
Frequently Asked Questions
The Mexico Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Vertical,Application,Wafer Size,Voltage Range,Wafer,Type.
Mexico Silicon Carbide Power Semiconductors Market was valued at USD 15.65(Revenue in USD Million) in 2022.
Mexico Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 32.54% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Silicon Carbide Power Semiconductors Market for final year is USD 91.50 (USD Million).
Mexico Silicon Carbide Power Semiconductors Market Company Profiling
Frequently Asked Questions
The Mexico Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Vertical,Application,Wafer Size,Voltage Range,Wafer,Type.
Mexico Silicon Carbide Power Semiconductors Market was valued at USD 15.65(Revenue in USD Million) in 2022.
Mexico Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 32.54% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Silicon Carbide Power Semiconductors Market for final year is USD 91.50 (USD Million).
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