Global Wide Bandgap (WBG) Power Devices Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Wide Bandgap (WBG) Power Devices Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Wide Bandgap (WBG) Power Devices market size was valued at USD 1087.1 million in 2023 and is forecast to a readjusted size of USD 2529.7 million by 2030 with a CAGR of 12.8% during review period.

WBG Power Devices market, Wide-bandgap semiconductors (WBG or WBGS) are semiconductor materials which have a relatively large band gap compared to typical semiconductors.

We focus on the Silicon Carbide (SiC) and gallium nitride (GaN) WBG Power Devices in this report.

Currently, there are many producing companies in the world. The main market players are Infineon, Rohm, Mitsubishi, STMicro, Fuji, Toshiba, Microsemi, United Silicon Carbide Inc. , GeneSic , Efficient Power Conversion (EPC), GaN Systems and so on. Infineon is the largest production Cmpany for WBG Power Devices, with a production value market share nearly 49%.

Europe is the largest consumption place, with a consumption market share nearly 36%. Following Europe, Japan is the second largest consumption place with the consumption market share of 32%.

The Global Info Research report includes an overview of the development of the Wide Bandgap (WBG) Power Devices industry chain, the market status of Communication (GaN, SiC), Automotive (GaN, SiC), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Wide Bandgap (WBG) Power Devices.

Regionally, the report analyzes the Wide Bandgap (WBG) Power Devices markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Wide Bandgap (WBG) Power Devices market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Wide Bandgap (WBG) Power Devices market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Wide Bandgap (WBG) Power Devices industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., GaN, SiC).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Wide Bandgap (WBG) Power Devices market.

Regional Analysis: The report involves examining the Wide Bandgap (WBG) Power Devices market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Wide Bandgap (WBG) Power Devices market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Wide Bandgap (WBG) Power Devices:

Company Analysis: Report covers individual Wide Bandgap (WBG) Power Devices manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Wide Bandgap (WBG) Power Devices This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Communication, Automotive).

Technology Analysis: Report covers specific technologies relevant to Wide Bandgap (WBG) Power Devices. It assesses the current state, advancements, and potential future developments in Wide Bandgap (WBG) Power Devices areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Wide Bandgap (WBG) Power Devices market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Wide Bandgap (WBG) Power Devices market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
GaN
SiC

Market segment by Application
Communication
Automotive
Consumer Electronics
Defense/Aerospace
Healthcare
Industry, Power and Solar & Wind

Major players covered
ALPHA & OMEGA Semiconductor
Avogy
Broadcom Limited
Cambridge Electronics
Cree
Efficient Power Conversion (EPC)
EXAGAN
GaN Systems
IEPC
Infineon
NXP
Panasonic
POWDEC
Transphorm
VisIC
Fuji Electric
STM
ROHM

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Wide Bandgap (WBG) Power Devices product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Wide Bandgap (WBG) Power Devices, with price, sales, revenue and global market share of Wide Bandgap (WBG) Power Devices from 2019 to 2024.

Chapter 3, the Wide Bandgap (WBG) Power Devices competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Wide Bandgap (WBG) Power Devices breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Wide Bandgap (WBG) Power Devices market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Wide Bandgap (WBG) Power Devices.

Chapter 14 and 15, to describe Wide Bandgap (WBG) Power Devices sales channel, distributors, customers, research findings and conclusion.