Global Compound Semiconductor Market Trends

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Global Compound Semiconductor Market Size, Share, and Trends Analysis Report Trends

  • Semiconductors and Electronics
  • Apr 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Surging Demand for Gallium Nitride (GaN) and Silicon Carbide (SiC) in Power Electronics”

  • Compound semiconductors such as gallium nitride (GaN) and silicon carbide (SiC) are increasingly being used in power electronics due to their superior efficiency and performance over traditional silicon, especially in high-voltage and high-frequency environments
  • The rising adoption of electric vehicles has significantly accelerated the demand for SiC and GaN components, as automakers seek solutions that reduce energy loss and improve overall system reliability
  • These materials are also facilitating the miniaturization of electronic devices by enabling compact, lightweight, and thermally stable designs, which are especially useful in consumer electronics and telecom hardware
  • Renewable energy sectors, including solar and wind, are incorporating compound semiconductors into power conversion systems to enhance grid efficiency and lower maintenance costs
  • For instance, Tesla integrated SiC-based inverters in its Model 3 to improve energy efficiency, reduce heat, and extend vehicle range