MEA Silicon Carbide Power Semiconductors Market - Industry Trends and Forecast to 2034
Middle East silicon carbide power semiconductors market is expected to reach USD 326,562.91 thousand by 2031 from USD 84,831.79 thousand in 2023, growing at a CAGR of 18.6% during the forecast period of 2024 to 2031.
Market SegmentationMiddle East and Africa Silicon Carbide Power Semiconductors Market, By Type (MOSFETS, Schottky Barrier Diodes (SBDs), Bipolar Junction Transistor (BJT), Hybrid Modules, SiC Bare Die, Pin Diode, Junction FET (JFET), and Others), Wafer Type (SiC Epitaxial Wafers and Blank SiC Wafers), Voltage Range (301 V to 900 V, 901 V to 1700 V, 1701 V & Above, and Less than 300 V), Wafer Size (2 Inch 3-Inch and 4-Inch, 6 Inch, 8 & 12 inch), Application (Electric Vehicle (EV), Inverters, Power Supplies, Photovoltaics, RF Devices, Industrial Motor Drives, and Others), Vertical (Automotive & Transportation, Data Centers, Industrial, Renewables/Grids, Consumer Electronics, Aerospace & Defense, Medical, and Others), Country (Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Qatar, Bahrain, Kuwait, Oman, Rest of Middle East and Africa) - Industry Trends and Forecast to 2031
Overview of Middle East and Africa Silicon Carbide Power Semiconductors Market Dynamics
Driver• Advancement of silicon carbide power semiconductors
Restraint• High cost associated with silicon carbide substrates
Opportunity• Strategic partnership and acquisition by silicon carbide manufacturers
Market PlayersSome of the major players operating in Middle East and Africa silicon carbide power semiconductors market are:
• Infineon Technologies AG
• STMicroelectronics
• WOLFSPEED, INC.
• Renesas Electronics Corporation
• Semiconductor Components Industries, LLC
• Mitsubishi Electric Corporation
• ROHM CO., LTD.
• Qorvo, Inc
• Nexperia
• TOSHIBA CORPORATION
• Allegro MicroSystems, Inc.
• GeneSiC Semiconductor Inc.
• Fuji Electric Co., Ltd
• Vishay Intertechnology, Inc.
• Hitachi Power Semiconductor Device, Ltd.
• Littelfuse, Inc.
• Texas Instruments Incorporated.
• Microchip Technology Inc.
• Semikron Danfoss
• WeEn Semiconductors
• Solitron Devices, Inc.
• SemiQ Inc.
• Xiamen Powerway Advanced Material
• MaxPower Semiconductor