Research Summary
Third-generation semiconductors refer to materials that have significantly better electronic properties compared to first-generation (silicon) and second-generation (gallium arsenide) semiconductors. These materials, such as silicon carbide (SiC) and gallium nitride (GaN), are characterized by their wide bandgap, high electron mobility, and high thermal conductivity. These properties make third-generation semiconductors highly suitable for high-power, high-frequency, and high-temperature applications, including power electronics, radio frequency (RF) amplifiers, and advanced optoelectronic devices. Their use is critical in developing more efficient and compact power converters, electric vehicles, renewable energy systems, and next-generation communication technologies, offering improved performance, reduced energy loss, and enhanced durability.
According to DIResearch's in-depth investigation and research, the global Third-Generation Semiconductor market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Third-Generation Semiconductor include STMicroelectronics, Infineon (GaN Systems), Wolfspeed, Rohm, onsemi, BYD Semiconductor, Microchip (Microsemi), Mitsubishi Electric (Vincotech), Semikron Danfoss, Fuji Electric, Navitas (GeneSiC), Toshiba, Qorvo (UnitedSiC), Sumitomo Electric Device Innovations (SEDI), NXP Semiconductors, Efficient Power Conversion Corporation (EPC), GE Aerospace, Bosch, Littelfuse (IXYS), IQE, Soitec (EpiGaN), Transphorm Inc., NTT Advanced Technology (NTT-AT), DOWA Electronics Materials, San'an Optoelectronics, CETC 55, WeEn Semiconductors, BASiC Semiconductor, Innoscience, Episil-Precision Inc, SemiQ, Diodes Incorporated, SanRex, Alpha & Omega Semiconductor, Bosch, MACOM, Power Integrations, Inc., RFHIC Corporation, NexGen Power Systems, Altum RF, Renesas Electronics, Fujitsu etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Third-Generation Semiconductor. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Third-Generation Semiconductor market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Third-Generation Semiconductor market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Third-Generation Semiconductor industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Third-Generation Semiconductor Include:
STMicroelectronics
Infineon (GaN Systems)
Wolfspeed
Rohm
onsemi
BYD Semiconductor
Microchip (Microsemi)
Mitsubishi Electric (Vincotech)
Semikron Danfoss
Fuji Electric
Navitas (GeneSiC)
Toshiba
Qorvo (UnitedSiC)
Sumitomo Electric Device Innovations (SEDI)
NXP Semiconductors
Efficient Power Conversion Corporation (EPC)
GE Aerospace
Bosch
Littelfuse (IXYS)
IQE
Soitec (EpiGaN)
Transphorm Inc.
NTT Advanced Technology (NTT-AT)
DOWA Electronics Materials
San'an Optoelectronics
CETC 55
WeEn Semiconductors
BASiC Semiconductor
Innoscience
Episil-Precision Inc
SemiQ
Diodes Incorporated
SanRex
Alpha & Omega Semiconductor
Bosch
MACOM
Power Integrations, Inc.
RFHIC Corporation
NexGen Power Systems
Altum RF
Renesas Electronics
Fujitsu
Third-Generation Semiconductor Product Segment Include:
SiC Semiconductor
GaN Semiconductor
Third-Generation Semiconductor Product Application Include:
Automotive & EV/HEV
EV Charging
UPS, Data Center & Server
PV, Energy Storage, Wind Power
Telecom Infrastructure
Defense & Aerospace
Rail Transport
Consumer
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Third-Generation Semiconductor Industry PESTEL Analysis
Chapter 3: Global Third-Generation Semiconductor Industry Porter’s Five Forces Analysis
Chapter 4: Global Third-Generation Semiconductor Major Regional Market Size and Forecast Analysis
Chapter 5: Global Third-Generation Semiconductor Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Passenger Third-Generation Semiconductor Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Third-Generation Semiconductor Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Third-Generation Semiconductor Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Third-Generation Semiconductor Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Third-Generation Semiconductor Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Third-Generation Semiconductor Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Third-Generation Semiconductor Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook