Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Research Report 2024(Status and Outlook)

Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Research Report 2024(Status and Outlook)



Report Overview:

The power semiconductor is the core of electronic device electrical energy conversion and circuit control. In essence, it uses the unidirectional conductivity of the semiconductor to realize the function of power switch and power conversion. Whether it is hydropower, nuclear power, thermal power or wind power, or even the chemical energy provided by various batteries, most of them cannot be directly used. More than 75% of the electrical energy applications require power conversion by power semiconductor devices before they can be used by equipment.

The Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size was estimated at USD 1410.84 million in 2023 and is projected to reach USD 8732.00 million by 2029, exhibiting a CAGR of 35.50% during the forecast period.

This report provides a deep insight into the global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market in any manner.

Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Infineon

CREE (Wolfspeed)

Roma Semiconductor Group

STMicroelectronics

ON Semiconductor

Mitsubishi Electric

Fuji Electric

Littelfuse

Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd.

Shenzhen Basic Semiconductor Co., Ltd.

Market Segmentation (by Type)

Silicon Carbide Power Semiconductor

Gallium Nitride Power Semiconductor

Market Segmentation (by Application)

Consumer Electronics

New Energy Grid Connection

Rail

Industrial Motor

Ups Power Supply

New Energy Vehicles

Other

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market
  • Overview of the regional outlook of the Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
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Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors
1.2 Key Market Segments
1.2.1 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Segment by Type
1.2.2 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Overview
2.1 Global Market Overview
2.1.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Competitive Landscape
3.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales by Manufacturers (2019-2024)
3.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue Market Share by Manufacturers (2019-2024)
3.3 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales Sites, Area Served, Product Type
3.6 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Competitive Situation and Trends
3.6.1 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Concentration Rate
3.6.2 Global 5 and 10 Largest Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Industry Chain Analysis
4.1 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales Market Share by Type (2019-2024)
6.3 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size Market Share by Type (2019-2024)
6.4 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Price by Type (2019-2024)
7 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Sales by Application (2019-2024)
7.3 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size (M USD) by Application (2019-2024)
7.4 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales Growth Rate by Application (2019-2024)
8 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Segmentation by Region
8.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales by Region
8.1.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales by Region
8.1.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales Market Share by Region
8.2 North America
8.2.1 North America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Infineon
9.1.1 Infineon Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Basic Information
9.1.2 Infineon Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Overview
9.1.3 Infineon Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Market Performance
9.1.4 Infineon Business Overview
9.1.5 Infineon Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors SWOT Analysis
9.1.6 Infineon Recent Developments
9.2 CREE (Wolfspeed)
9.2.1 CREE (Wolfspeed) Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Basic Information
9.2.2 CREE (Wolfspeed) Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Overview
9.2.3 CREE (Wolfspeed) Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Market Performance
9.2.4 CREE (Wolfspeed) Business Overview
9.2.5 CREE (Wolfspeed) Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors SWOT Analysis
9.2.6 CREE (Wolfspeed) Recent Developments
9.3 Roma Semiconductor Group
9.3.1 Roma Semiconductor Group Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Basic Information
9.3.2 Roma Semiconductor Group Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Overview
9.3.3 Roma Semiconductor Group Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Market Performance
9.3.4 Roma Semiconductor Group Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors SWOT Analysis
9.3.5 Roma Semiconductor Group Business Overview
9.3.6 Roma Semiconductor Group Recent Developments
9.4 STMicroelectronics
9.4.1 STMicroelectronics Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Basic Information
9.4.2 STMicroelectronics Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Overview
9.4.3 STMicroelectronics Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Market Performance
9.4.4 STMicroelectronics Business Overview
9.4.5 STMicroelectronics Recent Developments
9.5 ON Semiconductor
9.5.1 ON Semiconductor Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Basic Information
9.5.2 ON Semiconductor Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Overview
9.5.3 ON Semiconductor Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Market Performance
9.5.4 ON Semiconductor Business Overview
9.5.5 ON Semiconductor Recent Developments
9.6 Mitsubishi Electric
9.6.1 Mitsubishi Electric Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Basic Information
9.6.2 Mitsubishi Electric Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Overview
9.6.3 Mitsubishi Electric Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Market Performance
9.6.4 Mitsubishi Electric Business Overview
9.6.5 Mitsubishi Electric Recent Developments
9.7 Fuji Electric
9.7.1 Fuji Electric Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Basic Information
9.7.2 Fuji Electric Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Overview
9.7.3 Fuji Electric Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Market Performance
9.7.4 Fuji Electric Business Overview
9.7.5 Fuji Electric Recent Developments
9.8 Littelfuse
9.8.1 Littelfuse Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Basic Information
9.8.2 Littelfuse Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Overview
9.8.3 Littelfuse Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Market Performance
9.8.4 Littelfuse Business Overview
9.8.5 Littelfuse Recent Developments
9.9 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd.
9.9.1 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd. Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Basic Information
9.9.2 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd. Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Overview
9.9.3 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd. Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Market Performance
9.9.4 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd. Business Overview
9.9.5 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd. Recent Developments
9.10 Shenzhen Basic Semiconductor Co., Ltd.
9.10.1 Shenzhen Basic Semiconductor Co., Ltd. Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Basic Information
9.10.2 Shenzhen Basic Semiconductor Co., Ltd. Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Overview
9.10.3 Shenzhen Basic Semiconductor Co., Ltd. Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product Market Performance
9.10.4 Shenzhen Basic Semiconductor Co., Ltd. Business Overview
9.10.5 Shenzhen Basic Semiconductor Co., Ltd. Recent Developments
10 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Forecast by Region
10.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size Forecast
10.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size Forecast by Country
10.2.3 Asia Pacific Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size Forecast by Region
10.2.4 South America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors by Type (2025-2030)
11.1.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors by Type (2025-2030)
11.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Forecast by Application (2025-2030)
11.2.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Sales (K Units) Forecast by Application
11.2.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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