North America Silicon Carbide Power Semiconductors Market to 2032
Overview
The North America Silicon Carbide Power Semiconductors Market is expected to reach a 6,126.78 USD Million by 2032 and is projected to grow at a CAGR of 34.09% from 2025 to 2032.
Revenue, 2024 (USD Million)
974.76
Forecast, 2032 (USD Million)
6,126.78
CAGR, 2024 - 2032
34.09%
Report Coverage
North America
North America Silicon Carbide Power Semiconductors Market 2018-2032 USD Million
North America Silicon Carbide Power Semiconductors Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 974.76 USD Million
- Projected Market Size (2032): 6,126.78 USD Million
- CAGR (2025-2032): 34.09%
Key Findings of North America Silicon Carbide Power Semiconductors Market
- The North America Silicon Carbide Power Semiconductors Market was valued at 974.76 USD Million in 2024.
- The North America Silicon Carbide Power Semiconductors Market is likely to grow at a CAGR of 34.09% 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 531.97 USD Million
- The fastest growing segment Automotive & Transportation in Vertical Segment grew Fastest with a CAGR of 36.61% during the forecast period from 2024 to 2032.
North America Silicon Carbide Power Semiconductors Market Scope
North America Silicon Carbide Power Semiconductors Market Segmentation & Scope
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
Wafer Size
- 8 & 12 inch
- 6 inch
- 2 inch, 3 inch and 4 inch
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)
North America Silicon Carbide Power Semiconductors Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 974.76 USD Million |
| Market Value in 2032 | 6,126.78 USD Million |
| CAGR (2025-2032) | 34.09% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Voltage Range,Wafer,Type,Wafer Size,Vertical,Application |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 974.76 USD Million in 2024
- Key Country: U.S., leading in terms of revenue with value of 904.31 USD Million in 2024.
Segments and Scope
-
North America Silicon Carbide Power Semiconductors Market to 2032, By Voltage Range
- 301 V to 900 V is the largest segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 429.02 USD Million in the year 2024.
- 301 V to 900 V is the Fastest growing segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 35.32 % in forecast period 2025-2032.
-
North America Silicon Carbide Power Semiconductors Market to 2032, By Wafer
- SiC Epitaxial Wafers is the largest segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 531.97 USD Million in the year 2024.
- SiC Epitaxial Wafers is the Fastest growing segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 34.78 % in forecast period 2025-2032.
-
North America Silicon Carbide Power Semiconductors Market to 2032, By Type
- MOSFETS is the largest segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 267.53 USD Million in the year 2024.
- MOSFETS is the Fastest growing segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 36.32 % in forecast period 2025-2032.
-
North America Silicon Carbide Power Semiconductors Market to 2032, By Wafer Size
- 2 inch, 3 inch and 4 inch is the largest segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 423.72 USD Million in the year 2024.
- 2 inch, 3 inch and 4 inch is the Fastest growing segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 35.23 % in forecast period 2025-2032.
-
North America Silicon Carbide Power Semiconductors Market to 2032, By Vertical
- Automotive & Transportation is the largest segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 269.01 USD Million in the year 2024.
- Automotive & Transportation is the Fastest growing segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 36.61 % in forecast period 2025-2032.
-
North America Silicon Carbide Power Semiconductors Market to 2032, By Application
- Electric Vehicle (EV) is the largest segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 318.57 USD Million in the year 2024.
- Electric Vehicle (EV) is the Fastest growing segment in North America Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 36.29 % in forecast period 2025-2032.
North America Silicon Carbide Power Semiconductors Market Company Share Analysis
North America Silicon Carbide Power Semiconductors Market Geographical Sales Distribution, 2018-2032 USD Million
North America Silicon Carbide Power Semiconductors Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Voltage Range,Wafer,Type,Wafer Size,Vertical,Application.
North America Silicon Carbide Power Semiconductors Market was valued at USD 974.76(Revenue in USD Million) in 2022.
North America Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 34.09% during the forecast period of 2024 to 2032.
The SiC Epitaxial Wafers segment is expected to dominate the North America Silicon Carbide Power Semiconductors Market, holding a largest market share of 531.97 USD Million in 2024
North America Silicon Carbide Power Semiconductors Market Scope
North America Silicon Carbide Power Semiconductors Market Segmentation & Scope
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
Wafer Size
- 8 & 12 inch
- 6 inch
- 2 inch, 3 inch and 4 inch
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)
Frequently Asked Questions
The North America Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Voltage Range,Wafer,Type,Wafer Size,Vertical,Application.
North America Silicon Carbide Power Semiconductors Market was valued at USD 974.76(Revenue in USD Million) in 2022.
North America Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 34.09% during the forecast period of 2024 to 2032.
The estimated market value of the North America Silicon Carbide Power Semiconductors Market for final year is USD 6,126.78 (USD Million).
North America Silicon Carbide Power Semiconductors Market Company Profiling
Frequently Asked Questions
The North America Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Voltage Range,Wafer,Type,Wafer Size,Vertical,Application.
North America Silicon Carbide Power Semiconductors Market was valued at USD 974.76(Revenue in USD Million) in 2022.
North America Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 34.09% during the forecast period of 2024 to 2032.
The estimated market value of the North America Silicon Carbide Power Semiconductors Market for final year is USD 6,126.78 (USD Million).
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