Silicon Carbide Power Electronics: Market Shares, Market Forecasts, Market Analysis, 2022-2028
WinterGreen Research announces that it has a new study on Silicon Carbide Power Electronics: Market Shares, Market Forecasts, Market Analysis, 2022-2028. The 2022 study has 326 pages, 180 tables and figures. Silicon Carbide represents next generation automation of EVs and home and campus electricity storage, a market in line for significant growth. It is expected to grow at a compound annual growth rate (CAGR) of 147.8% from 2021 to 2028. Power Electronics — especially MOSFETs — must be able to handle extremely high voltages. Silicon carbide outperforms silicon: the thermal conductivity is superior. The thermal conductivity of silicon carbide is 1490 W/m-K compared to 150 W/m-K for silicon. Silicon carbide SiC power electronics markets are forecast to have a CAGR of 37.56 %. Market growth is the result of rapid adoption of EV electric vehicles in response to an effort to decrease carbon emission worldwide. The SiC is harder, more durable, and permits more efficient implementation of power electronics in a variety of EV applications. SiC is useful in the implementation of 5G communications systems. Next generation car companies will sell energy storage systems alongside vehicles. Rising demand for solid-state batteries among end-use sectors along with the rising research and development activities are focused on commercializing the battery via use of silicon carbide for power electronics in the EV. Lower costs for solid state batteries are expected to propel market growth. EVs represent a primary market for silicon carbide. The electrical solid state battery energy industry will reshape the future. The integrated business model of storage is becoming an application for energy consumption.
Amid a greater industry focus on battery technology, automakers with EVs in their lineups are scrambling to position themselves for the arrival of solid-state battery cells soon. As EV sales increase driven by tighter regulation of carbon emissions, solid-state battery makers become indispensable for the renewable energy industry. Solid-state battery products account for a small proportion in the market early on until mass production can be realized. Toyota has a timeline to achieve mass production of solid-state electric vehicle batteries by 2025. ProLogium said it aims to achieve mass produce solid-state batteries in 2022. Silicon anodes energy density is 10 times higher than graphite anodes used in commercial lithium-ion batteries. But silicon anodes negatively affect charging and discharging rates and degrade liquid electrolytes, shortening the battery lifespan. To solve the problem, researchers eliminated carbon and binders from the anode. The team removed the liquid electrolyte and used instead a sulfide-based solid electrolyte and micro-silicon. Silicon carbide facilitates energy conservation allows for longer range, lighter weight and faster charging - all of which foster lower long-term energy usage. Manufacturing the SiC crystals and wafers are for optoelectronic, microwave and power applications. The same properties that make SiC a good semiconductor material also make it difficult to work with. It is a very hard material. Its crystals have to be grown at very high temperatures of over 3,500 degrees Fahrenheit. Crystals have to be grown very carefully because SiC can crystallize in more than 100 different atomic arrangements, many of which render the end product useless. After crystals have been grown, the hardness of the material makes it difficult to cut into wafers and etch with circuits. Silicon Carbide is used in the powertrain of an electric vehicle, it delivers a 13:1 energy savings vs. the incremental energy invested, as compared to traditional silicon. These techniques bring the industry closer to realizing all-solid-state battery techniques, greatly diversifying the battery product lineup. Battery manufacturers and automakers around the globe strive to develop a next-generation electric vehicle battery, called an all-solid-state battery (ASSB), which enables longer mileage and a shorter charging time than current EV batteries due to its higher energy density. WinterGreen Research is an independent research organization funded by the sale of market research studies all over the world and by identifying next generation technology. It is next generation technology that drives market growth. The company has 35 distributors worldwide, including Global Information Info Shop, Market Research.com, Research and Markets.
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