Cree, Inc., STMicroelectronics and Infineon Technologies AG are Dominating the Global SiC Power Semiconductor Market in 2019

Global SiC Power Semiconductor Market is expected to grow with the CAGR of 19.3% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global SiC power semiconductor market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global SiC power semiconductor market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance, in December 2020, UnitedSiC launched new products in their SiC FETs with the feature of low RDS (ON). The product will offer RDS (ON) of less than 10 m ohm. Thus, offering high efficiency of 99% and the company seem to use this capability to increase their product portfolio and customer base.

Cree, Inc. is the dominating player in global SiC power semiconductor market. The other key players existing in the market includes Infineon Technologies AG, Microsemi, Mitsubishi Electric Corporation, Toshiba Corporation, Texas Instruments Incorporated, NXP Semiconductors, Semiconductor Components Industries, LLC, STMicroelectronics, Renesas Electronics Corporation, Fuji Electric Co., Ltd., ROHM CO., LTD., GE, Global Power Technologies Group, Littelfuse, Inc., UnitedSiC, SEMIKRON, Hitachi Power Semiconductor Device, GeneSiC Semiconductor Inc. and Xiamen Powerway Advanced Material Co., Ltd, among others.

Sic Power Semiconductor MarketCree, Inc.

Cree, Inc., headquartered in North Carolina, U.S. was established in 1987. The company focuses on providing wide band gap semiconductor for radio frequency (RF), power applications and LED products. Company operates in wolfspeed and LED products business segments out of which wolfspeed is the market focussed segment. Company provides power products, RF products, materials, LED components and LED chips out of which power products is the market focused product category.

  • In November 2019, Cree partnered with ABB Company to accelerate the supply of SiC. The strategic partnership was formed to provide smooth flow of SiC products supply to various industry verticals such as newly growing EV segment in automotive. This partnership increased the customer base of the company.

The company has wide global presence across the globe such as in Africa, Asia, Europe, North America, Oceanic, South America. In addition to it, the company also generates its revenue from the various subsidiary companies such as Wolfspeed (U.S.), Cree International GmbH (China), Cree Hong Kong Ltd (Hong Kong), Cree Fayetteville, Inc. (U.S.), CI Holdings, Limited (Malaysia).


STMicroelectronics is headquartered in Geneva, Switzerland and was founded in year 1987. STMicroelectronics is engaged in developing integrated device for smart driving, smart industry, smart home & city and smart things applications. Company operates in automotive and discrete group (ADG), microcontrollers and digital ICs group (MDG), analog, MEMS and sensors group (AMS) and others out of which automotive and discrete group (ADG) is the market focussed segment. The company offers wide range of product categories such as amplifiers and comparators, audio ICS, automotive ADAS devices, automotive analog and power, automotive infotainment and telematics, automotive logic ICS, automotive microcontrollers, clocks and timers, data converters, digital set-top box ICS, diodes and rectifiers, EMI filtering and signal conditioning, imaging and photonics solutions, interfaces and transceivers, memories, MEMS and sensors, microcontrollers & microprocessors, motor drivers, NFC, positioning, power management, power modules, power transistors, protection devices, radio frequency transistors, reset and supervisor ICS, secure MCUS, SiC devices, space products, switches and multiplexers, thyristors (SCR) and AC switches, touch and display controllers, wireless transceivers, MCUS and modules in which SiC devices is market focused category.

  • In March 2020, STMicroelectronics announced the acquisition of majority stake of Exogan. The company looks out to reach into Gallium Nitride technology after excelling in SiC. The acquisition will help the company to expand its product portfolio.

The company has presence in U.S., Europe, Middle East and Africa, Asia-Pacific with its various subsidiaries such as Draupner Graphics A/S (Denmark), Norstel AB (Sweden), STMicroelectronics (Malta) Ltd. (Switzerland), Genesis Microchip (Canada) and STMicroelectronics S.A.S. (Switzerland), among others.

Infineon Technologies AG

Infineon Technologies AG is headquartered in Neubiberg, Germany and was found in 2000. The company manufactures and markets semiconductors products to industrial, automotive, consumer, communications and security electronics sectors. Company operates in automotive, industrial power control, power management & multimarket, digital security solutions business segments out of which power management & multimarket is market focussed segment. The company has product categories which are power, ASIC, automotive system IC, ESD and surge protection, HiRel, 32-bit microcontroller (MCU), RF & wireless control, security & smart card solutions, sensor, transceivers, transistor & diode out of which power is market focused category.

  • In February 2020, Infineon Technologies AG launched new product CoolSiC MOSFET 650 V. The device would range from 27m-ohm to 107m-ohm. The device would enable the company to expand its product portfolio.

The company has wide global presence in Asia-Pacific, Europe, Latin America, Middle East & Africa, North America, South America, Greater China and Japan and generates revenue from subsidiaries such as Hitex GmbH (Germany), IFX LLC (US), Infineon Integrated Circuit (Beijing) Co., Ltd (China), Infineon Technologies (Kulim) Sdn. Bhd (Malaysia), Infineon Technologies Asia Pacific Pte Ltd (Singapore) and others.