Dual-inline Silicon-carbide Power Module Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

Overview of the Dual-inline Silicon-carbide Power Module Market

The Dual-inline Silicon-carbide (SiC) Power Module market is poised for significant growth from 2025 to 2030, driven by the increasing demand for energy-efficient power electronics across various industries. Silicon-carbide power modules are gaining traction due to their superior thermal conductivity, high switching frequency, and reduced energy losses compared to traditional silicon-based modules. These advantages make them ideal for applications in automotive, electronics, aerospace, and other sectors.

Market Size and Growth Projections

The global Dual-inline SiC Power Module market was valued at approximately $1.2 billion in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 15%-20% from 2025 to 2030. By 2030, the market is expected to reach $2.5 billion. This growth is fueled by the increasing adoption of electric vehicles (EVs), renewable energy systems, and advancements in power electronics technology.

Market Share & Trends Analysis

By Product Type

• Low Voltage Modules: These modules, operating below 600V, are expected to hold a market share of 40%-45% in 2025. They are widely used in consumer electronics and automotive applications.
• Medium and High Voltage Modules: Modules operating above 600V are anticipated to capture 55%-60% of the market share by 2025. Their adoption is driven by industrial applications and renewable energy systems.

By Key Players

The market is highly competitive, with key players such as Mitsubishi Electric, STMicroelectronics, Onsemi, Infineon Technologies, ROHM Semiconductor, and Siemens dominating the landscape. These companies are investing heavily in R&D to enhance product performance and expand their market presence.

By Process

The manufacturing process of SiC power modules involves advanced techniques such as epitaxial growth and wafer bonding. These processes are critical for achieving high-quality SiC substrates, which are essential for the modules' performance. The adoption of these processes is expected to grow at a CAGR of 12%-15% during the forecast period.

By Application

• Automotive: The automotive sector is the largest application segment, accounting for 35%-40% of the market share in 2025. The shift towards electric vehicles (EVs) and hybrid electric vehicles (HEVs) is driving demand for SiC power modules.
• Electronics: This segment is expected to grow at a CAGR of 10%-12%, driven by the increasing use of SiC modules in power supplies and inverters.
• Aerospace: The aerospace sector is anticipated to witness a CAGR of 8%-10%, with SiC modules being used in aircraft power systems and satellite communications.
• Others: Applications in renewable energy, industrial machinery, and telecommunications are expected to contribute 15%-20% to the market share by 2025.

By End-Use

The end-use landscape is diverse, with significant contributions from the automotive, industrial, and consumer electronics sectors. The industrial sector is expected to grow at a CAGR of 10%-12%, driven by the need for efficient power management systems.

By Region

• North America: This region is expected to hold a market share of 25%-30% in 2025, driven by the presence of major automotive and electronics manufacturers.
• Europe: Europe is anticipated to account for 20%-25% of the market share, with growth driven by stringent energy efficiency regulations and the adoption of renewable energy systems.
• Asia-Pacific: The Asia-Pacific region is projected to dominate the market with a share of 35%-40%, fueled by rapid industrialization and the growing automotive sector in countries like China and India.
• Rest of the World: This region is expected to contribute 10%-15% to the market share, with growth driven by increasing investments in infrastructure and renewable energy projects.

Market News on Policy and Companies

Recent developments in the Dual-inline SiC Power Module market include:

• Policy Initiatives: Governments worldwide are implementing policies to promote the adoption of energy-efficient technologies. For instance, the European Union's Green Deal aims to achieve carbon neutrality by 2050, driving demand for SiC power modules in renewable energy systems.
• Company News: Key players are expanding their production capacities and forming strategic partnerships. For example, Infineon Technologies recently announced a $2 billion investment to expand its SiC production facilities, while STMicroelectronics partnered with a leading automotive manufacturer to develop next-generation SiC modules for EVs.

Segment Forecasts (2025 - 2030)

The Dual-inline SiC Power Module market is segmented based on product type, application, end-use, and region. Key forecasts include:

• Low Voltage Modules: Expected to grow at a CAGR of 12%-15%, driven by increasing demand in consumer electronics and automotive applications.
• Medium and High Voltage Modules: Projected to grow at a CAGR of 18%-20%, fueled by industrial and renewable energy applications.
• Automotive Applications: Anticipated to grow at a CAGR of 20%-22%, driven by the rapid adoption of EVs and HEVs.
• Asia-Pacific Region: Expected to grow at a CAGR of 18%-20%, driven by rapid industrialization and the growing automotive sector.

Conclusion

The Dual-inline Silicon-carbide Power Module market is set for robust growth from 2025 to 2030, driven by the increasing demand for energy-efficient power electronics across various industries. Key players are investing heavily in R&D and expanding their production capacities to meet the growing demand. With supportive government policies and technological advancements, the market is expected to reach $2.5 billion by 2030, offering significant opportunities for stakeholders across the value chain.