Global Wide-Bandgap (WBG) Power Semiconductor Devices Market Growth 2023-2029

Global Wide-Bandgap (WBG) Power Semiconductor Devices Market Growth 2023-2029

Wide-bandgap semiconductors (WBG) are semiconductor materials which have a relatively large band gap compared to typical semiconductors.

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

This Insight Report provides a comprehensive analysis of the global Wide-Bandgap (WBG) Power Semiconductor 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 Wide-Bandgap (WBG) Power Semiconductor Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wide-Bandgap (WBG) Power Semiconductor Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wide-Bandgap (WBG) Power Semiconductor 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 Wide-Bandgap (WBG) Power Semiconductor Devices.

The global Wide-Bandgap (WBG) Power Semiconductor Devices market size is projected to grow from US$ 892.3 million in 2022 to US$ 2764.2 million in 2029; it is expected to grow at a CAGR of 2764.2 from 2023 to 2029.

Global key wide bandgap power (WBG) semiconductor devices manufacturers include Wolfspped (Cree), Infineon Technologies, ROHM Semiconductor etc.The top 5 companies hold a share about 67%.Asia Pacific is the largest market, with a share about 58%, followed by Europe and North America with the share about 20% and 18%.

This report presents a comprehensive overview, market shares, and growth opportunities of Wide-Bandgap (WBG) Power Semiconductor Devices market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Diamond Substrate
Silicon Carbide (SIC)
Zinc Oxide
Gallium Nitride (GAN)
Others

Segmentation by application
Renewable Energy
Automotive
Uninterruptible Power Supply
Industrial Motor Drives
Others

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.
Qorvo
STMicroelectronics
ROHM SEMICONDUCTOR
United Silicon Carbide
GaN Systems
Transphorm
Cree
Infineon Technologies
Ceramicforum
KEMET
Keysight Technologies
AKHAN Semiconductor
Alpha & Omega Semiconductor
Reedholm Systems

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wide-Bandgap (WBG) Power Semiconductor Devices market?

What factors are driving Wide-Bandgap (WBG) Power Semiconductor Devices market growth, globally and by region?

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

How do Wide-Bandgap (WBG) Power Semiconductor Devices market opportunities vary by end market size?

How does Wide-Bandgap (WBG) Power Semiconductor 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.