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Silicon Carbide (SiC) Power Devices-Global Market Insights and Sales Trends 2024
Synopsis
A power device is a semiconductor, which is used as a switch or a rectifier in the power electronic system. SiC is a compound semiconductor comprised of silicon and carbon and has 10 times the dielectric breakdown field strength, bandgap, and thermal conductivity than silicon. The special characteristics of SiC power devices include high-temperature operation stability, high thermal conductivity, high-energy bandgap, and faster switching time. These characteristics of SiC power devices are encouraging original equipment manufacturers (OEMs) to adopt these devices over traditional Si power devices.
The global Silicon Carbide (SiC) Power Devices market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Silicon Carbide (SiC) Power Devices in various end use industries. The expanding demands from the EV/HEVs, PV Inverters, UPS & PS and Other, are propelling Silicon Carbide (SiC) Power Devices market. Diodes, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Modules segment is estimated at % CAGR for the next seven-year period.
The UPS & PS application segment accounted for the largest silicon carbide power devices market share during 2017. The utilization of SiC power devices in UPS & PS applications will increase in the coming years and the segment will account for the major share of this market till 2023.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Silicon Carbide (SiC) Power Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Silicon Carbide (SiC) Power Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Silicon Carbide (SiC) Power Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Silicon Carbide (SiC) Power Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Silicon Carbide (SiC) Power Devices covered in this report include Infineon Technologies, Cree, Mitsubishi Electric, ON Semiconductor, ROHM Semiconductor, STMicroelectronics and Toshiba, etc.
The global Silicon Carbide (SiC) Power Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Infineon Technologies
Cree
Mitsubishi Electric
ON Semiconductor
ROHM Semiconductor
STMicroelectronics
Toshiba
Global Silicon Carbide (SiC) Power Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Silicon Carbide (SiC) Power Devices market, Segment by Type:
Diodes
Modules
Transistors
Other
Global Silicon Carbide (SiC) Power Devices market, by Application
EV/HEVs
PV Inverters
UPS & PS
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Silicon Carbide (SiC) Power Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Silicon Carbide (SiC) Power Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A power device is a semiconductor, which is used as a switch or a rectifier in the power electronic system. SiC is a compound semiconductor comprised of silicon and carbon and has 10 times the dielectric breakdown field strength, bandgap, and thermal conductivity than silicon. The special characteristics of SiC power devices include high-temperature operation stability, high thermal conductivity, high-energy bandgap, and faster switching time. These characteristics of SiC power devices are encouraging original equipment manufacturers (OEMs) to adopt these devices over traditional Si power devices.
The global Silicon Carbide (SiC) Power Devices market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Silicon Carbide (SiC) Power Devices in various end use industries. The expanding demands from the EV/HEVs, PV Inverters, UPS & PS and Other, are propelling Silicon Carbide (SiC) Power Devices market. Diodes, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Modules segment is estimated at % CAGR for the next seven-year period.
The UPS & PS application segment accounted for the largest silicon carbide power devices market share during 2017. The utilization of SiC power devices in UPS & PS applications will increase in the coming years and the segment will account for the major share of this market till 2023.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Silicon Carbide (SiC) Power Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Silicon Carbide (SiC) Power Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Silicon Carbide (SiC) Power Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Silicon Carbide (SiC) Power Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Silicon Carbide (SiC) Power Devices covered in this report include Infineon Technologies, Cree, Mitsubishi Electric, ON Semiconductor, ROHM Semiconductor, STMicroelectronics and Toshiba, etc.
The global Silicon Carbide (SiC) Power Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Infineon Technologies
Cree
Mitsubishi Electric
ON Semiconductor
ROHM Semiconductor
STMicroelectronics
Toshiba
Global Silicon Carbide (SiC) Power Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Silicon Carbide (SiC) Power Devices market, Segment by Type:
Diodes
Modules
Transistors
Other
Global Silicon Carbide (SiC) Power Devices market, by Application
EV/HEVs
PV Inverters
UPS & PS
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Silicon Carbide (SiC) Power Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Silicon Carbide (SiC) Power Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Silicon Carbide (SiC) Power Devices Market Overview
1.1 Silicon Carbide (SiC) Power Devices Product Overview
1.2 Silicon Carbide (SiC) Power Devices Market Segment by Type
1.2.1 Diodes
1.2.2 Modules
1.2.3 Transistors
1.2.4 Other
1.3 Global Silicon Carbide (SiC) Power Devices Market Size by Type
1.3.1 Global Silicon Carbide (SiC) Power Devices Market Size Overview by Type (2018-2029)
1.3.2 Global Silicon Carbide (SiC) Power Devices Historic Market Size Review by Type (2018-2023)
1.3.3 Global Silicon Carbide (SiC) Power Devices Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Silicon Carbide (SiC) Power Devices Sales Breakdown by Type (2018-2023)
1.4.2 Europe Silicon Carbide (SiC) Power Devices Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Silicon Carbide (SiC) Power Devices Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Silicon Carbide (SiC) Power Devices Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Silicon Carbide (SiC) Power Devices Sales Breakdown by Type (2018-2023)
2 Global Silicon Carbide (SiC) Power Devices Market Competition by Company
2.1 Global Top Players by Silicon Carbide (SiC) Power Devices Sales (2018-2023)
2.2 Global Top Players by Silicon Carbide (SiC) Power Devices Revenue (2018-2023)
2.3 Global Top Players by Silicon Carbide (SiC) Power Devices Price (2018-2023)
2.4 Global Top Manufacturers Silicon Carbide (SiC) Power Devices Manufacturing Base Distribution, Sales Area, Product Type
2.5 Silicon Carbide (SiC) Power Devices Market Competitive Situation and Trends
2.5.1 Silicon Carbide (SiC) Power Devices Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Silicon Carbide (SiC) Power Devices Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Silicon Carbide (SiC) Power Devices as of 2022)
2.7 Date of Key Manufacturers Enter into Silicon Carbide (SiC) Power Devices Market
2.8 Key Manufacturers Silicon Carbide (SiC) Power Devices Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Silicon Carbide (SiC) Power Devices Status and Outlook by Region
3.1 Global Silicon Carbide (SiC) Power Devices Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Silicon Carbide (SiC) Power Devices Historic Market Size by Region
3.2.1 Global Silicon Carbide (SiC) Power Devices Sales in Volume by Region (2018-2023)
3.2.2 Global Silicon Carbide (SiC) Power Devices Sales in Value by Region (2018-2023)
3.2.3 Global Silicon Carbide (SiC) Power Devices Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Silicon Carbide (SiC) Power Devices Forecasted Market Size by Region
3.3.1 Global Silicon Carbide (SiC) Power Devices Sales in Volume by Region (2024-2029)
3.3.2 Global Silicon Carbide (SiC) Power Devices Sales in Value by Region (2024-2029)
3.3.3 Global Silicon Carbide (SiC) Power Devices Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Silicon Carbide (SiC) Power Devices by Application
4.1 Silicon Carbide (SiC) Power Devices Market Segment by Application
4.1.1 EV/HEVs
4.1.2 PV Inverters
4.1.3 UPS & PS
4.1.4 Other
4.2 Global Silicon Carbide (SiC) Power Devices Market Size by Application
4.2.1 Global Silicon Carbide (SiC) Power Devices Market Size Overview by Application (2018-2029)
4.2.2 Global Silicon Carbide (SiC) Power Devices Historic Market Size Review by Application (2018-2023)
4.2.3 Global Silicon Carbide (SiC) Power Devices Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Silicon Carbide (SiC) Power Devices Sales Breakdown by Application (2018-2023)
4.3.2 Europe Silicon Carbide (SiC) Power Devices Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Silicon Carbide (SiC) Power Devices Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Silicon Carbide (SiC) Power Devices Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Silicon Carbide (SiC) Power Devices Sales Breakdown by Application (2018-2023)
5 North America Silicon Carbide (SiC) Power Devices by Country
5.1 North America Silicon Carbide (SiC) Power Devices Historic Market Size by Country
5.1.1 North America Silicon Carbide (SiC) Power Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Silicon Carbide (SiC) Power Devices Sales in Volume by Country (2018-2023)
5.1.3 North America Silicon Carbide (SiC) Power Devices Sales in Value by Country (2018-2023)
5.2 North America Silicon Carbide (SiC) Power Devices Forecasted Market Size by Country
5.2.1 North America Silicon Carbide (SiC) Power Devices Sales in Volume by Country (2024-2029)
5.2.2 North America Silicon Carbide (SiC) Power Devices Sales in Value by Country (2024-2029)
6 Europe Silicon Carbide (SiC) Power Devices by Country
6.1 Europe Silicon Carbide (SiC) Power Devices Historic Market Size by Country
6.1.1 Europe Silicon Carbide (SiC) Power Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Silicon Carbide (SiC) Power Devices Sales in Volume by Country (2018-2023)
6.1.3 Europe Silicon Carbide (SiC) Power Devices Sales in Value by Country (2018-2023)
6.2 Europe Silicon Carbide (SiC) Power Devices Forecasted Market Size by Country
6.2.1 Europe Silicon Carbide (SiC) Power Devices Sales in Volume by Country (2024-2029)
6.2.2 Europe Silicon Carbide (SiC) Power Devices Sales in Value by Country (2024-2029)
7 Asia-Pacific Silicon Carbide (SiC) Power Devices by Region
7.1 Asia-Pacific Silicon Carbide (SiC) Power Devices Historic Market Size by Region
7.1.1 Asia-Pacific Silicon Carbide (SiC) Power Devices Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Silicon Carbide (SiC) Power Devices Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Silicon Carbide (SiC) Power Devices Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Silicon Carbide (SiC) Power Devices Forecasted Market Size by Region
7.2.1 Asia-Pacific Silicon Carbide (SiC) Power Devices Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Silicon Carbide (SiC) Power Devices Sales in Value by Region (2024-2029)
8 Latin America Silicon Carbide (SiC) Power Devices by Country
8.1 Latin America Silicon Carbide (SiC) Power Devices Historic Market Size by Country
8.1.1 Latin America Silicon Carbide (SiC) Power Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Silicon Carbide (SiC) Power Devices Sales in Volume by Country (2018-2023)
8.1.3 Latin America Silicon Carbide (SiC) Power Devices Sales in Value by Country (2018-2023)
8.2 Latin America Silicon Carbide (SiC) Power Devices Forecasted Market Size by Country
8.2.1 Latin America Silicon Carbide (SiC) Power Devices Sales in Volume by Country (2024-2029)
8.2.2 Latin America Silicon Carbide (SiC) Power Devices Sales in Value by Country (2024-2029)
9 Middle East and Africa Silicon Carbide (SiC) Power Devices by Country
9.1 Middle East and Africa Silicon Carbide (SiC) Power Devices Historic Market Size by Country
9.1.1 Middle East and Africa Silicon Carbide (SiC) Power Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Silicon Carbide (SiC) Power Devices Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Silicon Carbide (SiC) Power Devices Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Silicon Carbide (SiC) Power Devices Forecasted Market Size by Country
9.2.1 Middle East and Africa Silicon Carbide (SiC) Power Devices Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Silicon Carbide (SiC) Power Devices Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Infineon Technologies
10.1.1 Infineon Technologies Company Information
10.1.2 Infineon Technologies Introduction and Business Overview
10.1.3 Infineon Technologies Silicon Carbide (SiC) Power Devices Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Infineon Technologies Silicon Carbide (SiC) Power Devices Products Offered
10.1.5 Infineon Technologies Recent Development
10.2 Cree
10.2.1 Cree Company Information
10.2.2 Cree Introduction and Business Overview
10.2.3 Cree Silicon Carbide (SiC) Power Devices Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Cree Silicon Carbide (SiC) Power Devices Products Offered
10.2.5 Cree Recent Development
10.3 Mitsubishi Electric
10.3.1 Mitsubishi Electric Company Information
10.3.2 Mitsubishi Electric Introduction and Business Overview
10.3.3 Mitsubishi Electric Silicon Carbide (SiC) Power Devices Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Mitsubishi Electric Silicon Carbide (SiC) Power Devices Products Offered
10.3.5 Mitsubishi Electric Recent Development
10.4 ON Semiconductor
10.4.1 ON Semiconductor Company Information
10.4.2 ON Semiconductor Introduction and Business Overview
10.4.3 ON Semiconductor Silicon Carbide (SiC) Power Devices Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ON Semiconductor Silicon Carbide (SiC) Power Devices Products Offered
10.4.5 ON Semiconductor Recent Development
10.5 ROHM Semiconductor
10.5.1 ROHM Semiconductor Company Information
10.5.2 ROHM Semiconductor Introduction and Business Overview
10.5.3 ROHM Semiconductor Silicon Carbide (SiC) Power Devices Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ROHM Semiconductor Silicon Carbide (SiC) Power Devices Products Offered
10.5.5 ROHM Semiconductor Recent Development
10.6 STMicroelectronics
10.6.1 STMicroelectronics Company Information
10.6.2 STMicroelectronics Introduction and Business Overview
10.6.3 STMicroelectronics Silicon Carbide (SiC) Power Devices Sales, Revenue and Gross Margin (2018-2023)
10.6.4 STMicroelectronics Silicon Carbide (SiC) Power Devices Products Offered
10.6.5 STMicroelectronics Recent Development
10.7 Toshiba
10.7.1 Toshiba Company Information
10.7.2 Toshiba Introduction and Business Overview
10.7.3 Toshiba Silicon Carbide (SiC) Power Devices Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Toshiba Silicon Carbide (SiC) Power Devices Products Offered
10.7.5 Toshiba Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Silicon Carbide (SiC) Power Devices Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Silicon Carbide (SiC) Power Devices Industrial Chain Analysis
11.4 Silicon Carbide (SiC) Power Devices Market Dynamics
11.4.1 Silicon Carbide (SiC) Power Devices Industry Trends
11.4.2 Silicon Carbide (SiC) Power Devices Market Drivers
11.4.3 Silicon Carbide (SiC) Power Devices Market Challenges
11.4.4 Silicon Carbide (SiC) Power Devices Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Silicon Carbide (SiC) Power Devices Distributors
12.3 Silicon Carbide (SiC) Power Devices Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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