South Korea Silicon Carbide Power Semiconductors Market to 2032
Overview
The South Korea Silicon Carbide Power Semiconductors Market is expected to reach a 568.60 USD Million by 2032 and is projected to grow at a CAGR of 34.94% from 2025 to 2032.
Revenue, 2024 (USD Million)
86.66
Forecast, 2032 (USD Million)
568.60
CAGR, 2024 - 2032
34.94%
Report Coverage
South Korea
South Korea Silicon Carbide Power Semiconductors Market 2018-2032 USD Million
South Korea Silicon Carbide Power Semiconductors Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 86.66 USD Million
- Projected Market Size (2032): 568.60 USD Million
- CAGR (2025-2032): 34.94%
Key Findings of South Korea Silicon Carbide Power Semiconductors Market
- The South Korea Silicon Carbide Power Semiconductors Market was valued at 86.66 USD Million in 2024.
- The South Korea Silicon Carbide Power Semiconductors Market is likely to grow at a CAGR of 34.94% 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 47.43 USD Million
- The fastest growing segment MOSFETS in Type Segment grew Fastest with a CAGR of 38.24% during the forecast period from 2024 to 2032.
South Korea Silicon Carbide Power Semiconductors Market Scope
South Korea 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
South Korea Silicon Carbide Power Semiconductors Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 86.66 USD Million |
| Market Value in 2032 | 568.60 USD Million |
| CAGR (2025-2032) | 34.94% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vertical,Application,Wafer Size,Voltage Range,Wafer,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 86.66 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 86.66 USD Million in 2024.
Segments and Scope
-
South Korea Silicon Carbide Power Semiconductors Market to 2032, By Vertical
- Automotive & Transportation is the largest segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 23.86 USD Million in the year 2024.
- Automotive & Transportation is the Fastest growing segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 37.93 % in forecast period 2025-2032.
-
South Korea Silicon Carbide Power Semiconductors Market to 2032, By Application
- Electric Vehicle (EV) is the largest segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 28.87 USD Million in the year 2024.
- Electric Vehicle (EV) is the Fastest growing segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 37.59 % in forecast period 2025-2032.
-
South Korea Silicon Carbide Power Semiconductors Market to 2032, By Wafer Size
- 2 inch, 3 inch and 4 inch is the largest segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 38.96 USD Million in the year 2024.
- 2 inch, 3 inch and 4 inch is the Fastest growing segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 35.83 % in forecast period 2025-2032.
-
South Korea Silicon Carbide Power Semiconductors Market to 2032, By Voltage Range
- 301 V to 900 V is the largest segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 38.15 USD Million in the year 2024.
- 301 V to 900 V is the Fastest growing segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 36.43 % in forecast period 2025-2032.
-
South Korea Silicon Carbide Power Semiconductors Market to 2032, By Wafer
- SiC Epitaxial Wafers is the largest segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 47.43 USD Million in the year 2024.
- SiC Epitaxial Wafers is the Fastest growing segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 35.08 % in forecast period 2025-2032.
-
South Korea Silicon Carbide Power Semiconductors Market to 2032, By Type
- MOSFETS is the largest segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a revenue of 23.65 USD Million in the year 2024.
- MOSFETS is the Fastest growing segment in South Korea Silicon Carbide Power Semiconductors Market to 2032 with a Growth rate of 38.24 % in forecast period 2025-2032.
South Korea Silicon Carbide Power Semiconductors Market Company Share Analysis
South Korea Silicon Carbide Power Semiconductors Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Silicon Carbide Power Semiconductors Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Vertical,Application,Wafer Size,Voltage Range,Wafer,Type.
South Korea Silicon Carbide Power Semiconductors Market was valued at USD 86.66(Revenue in USD Million) in 2022.
South Korea Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 34.94% during the forecast period of 2024 to 2032.
The SiC Epitaxial Wafers segment is expected to dominate the South Korea Silicon Carbide Power Semiconductors Market, holding a largest market share of 47.43 USD Million in 2024
South Korea Silicon Carbide Power Semiconductors Market Scope
South Korea 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 South Korea Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Vertical,Application,Wafer Size,Voltage Range,Wafer,Type.
South Korea Silicon Carbide Power Semiconductors Market was valued at USD 86.66(Revenue in USD Million) in 2022.
South Korea Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 34.94% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Silicon Carbide Power Semiconductors Market for final year is USD 568.60 (USD Million).
South Korea Silicon Carbide Power Semiconductors Market Company Profiling
Frequently Asked Questions
The South Korea Silicon Carbide Power Semiconductors Market is segmented based on Segmentation Vertical,Application,Wafer Size,Voltage Range,Wafer,Type.
South Korea Silicon Carbide Power Semiconductors Market was valued at USD 86.66(Revenue in USD Million) in 2022.
South Korea Silicon Carbide Power Semiconductors Market is projected to grow at a CAGR of 34.94% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Silicon Carbide Power Semiconductors Market for final year is USD 568.60 (USD Million).
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