Global Semiconductor Silicon Carbide (SiC) Power Devices Market Growth 2023-2029

Global Semiconductor Silicon Carbide (SiC) Power Devices Market Growth 2023-2029

Silicon Carbide (SiC) devices have emerged as the most viable candidate for next-generation, low-loss semiconductors due to its low ON resistance and superior high-temperature, high-frequency, and high-voltage performance when compared to silicon.

LPI (LP Information)' newest research report, the “Semiconductor Silicon Carbide (SiC) Power Devices Industry Forecast” looks at past sales and reviews total world Semiconductor Silicon Carbide (SiC) Power Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Semiconductor Silicon Carbide (SiC) Power Devices sales for 2023 through 2029. With Semiconductor Silicon Carbide (SiC) Power Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Semiconductor Silicon Carbide (SiC) Power Devices industry.

This Insight Report provides a comprehensive analysis of the global Semiconductor Silicon Carbide (SiC) Power Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Semiconductor Silicon Carbide (SiC) Power Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Semiconductor Silicon Carbide (SiC) Power Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Semiconductor Silicon Carbide (SiC) Power Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Semiconductor Silicon Carbide (SiC) Power Devices.

The global Semiconductor Silicon Carbide (SiC) Power Devices market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Semiconductor Silicon Carbide (SiC) Power Devices is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Semiconductor Silicon Carbide (SiC) Power Devices is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Semiconductor Silicon Carbide (SiC) Power Devices is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Semiconductor Silicon Carbide (SiC) Power Devices players cover Cree (Wolfspeed), II-VI Advanced Materials, ROHM (Sicrystal), Norstel, SICC Co., Ltd., Showa Denko, TankeBlue Semiconductor, SK Siltron and Synlight, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Semiconductor Silicon Carbide (SiC) Power Devices market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Diodes
Modules
Transistors
Other

Segmentation by application
EV and HEVs
PV Inverters
UPS
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cree (Wolfspeed)
II-VI Advanced Materials
ROHM (Sicrystal)
Norstel
SICC Co., Ltd.
Showa Denko
TankeBlue Semiconductor
SK Siltron
Synlight
CENGOL
Epiworld intenational
TYSiC
Mitsubishi Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Semiconductor Silicon Carbide (SiC) Power Devices market?

What factors are driving Semiconductor Silicon Carbide (SiC) Power Devices market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Semiconductor Silicon Carbide (SiC) Power Devices market opportunities vary by end market size?

How does Semiconductor Silicon Carbide (SiC) Power Devices break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.