Global silicon carbide power semiconductors market is expected to reach USD 11,508,292.90 thousand by 2031 from USD 1,950,156.00 thousand in 2023, growing at a CAGR of 25.1% during the forecast period of 2024 to 2031.
Market Segmentation
Global Silicon Carbide Power Semiconductors Market, By Type (MOSFETS, Schottky Barrier Diodes (SBDs), Bipolar Junction Transistor (BJT), Hybrid Modules, SiC Bare Die, Pin Diode, Junction FET (JFET), and Others), Wafer Type (SiC Epitaxial Wafers and Blank SiC Wafers), Voltage Range (301 V to 900 V, 901 V to 1700 V, 1701 V & Above, and Less than 300 V), Wafer Size (2 Inch 3-Inch and 4-Inch, 6 Inch, 8 & 12 inch), Application (Electric Vehicle (EV), Inverters, Power Supplies, Photovoltaics, RF Devices, Industrial Motor Drives, and Others), Vertical (Automotive & Transportation, Data Centers, Industrial, Renewables/Grids, Consumer Electronics, Aerospace & Defense, Medical, and Others),Country (Germany, France, U.K., Italy, Turkey, Spain, Netherlands, Russia, Belgium, Switzerland, rest of Europe, U.S., Canada, Mexico, China, Japan, South Korea, India, Australia, Singapore, Malaysia, Thailand, Philippines, Indonesia, rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Israel, Egypt, rest of Middle East and Africa, Brazil, Argentina, and rest of South America) -Industry Trends and Forecast to 2031
Overview of Global Silicon Carbide Power Semiconductors Market Dynamics
- Driver
- Advancement of silicon carbide power semiconductors
- Restraint
- High cost associated with silicon carbide substrates
- Opportunity
- Strategic partnership and acquisition by silicon carbide manufacturers
Market Players
Some of the major players operating in global silicon carbide power semiconductors market are:
- Infineon Technologies AG
- STMicroelectronics
- WOLFSPEED, INC.
- Renesas Electronics Corporation
- Semiconductor Components Industries, LLC
- Mitsubishi Electric Corporation
- ROHM CO., LTD.
- Qorvo, Inc
- Nexperia
- TOSHIBA CORPORATION
- Allegro MicroSystems, Inc.
- GeneSiC Semiconductor Inc.
- Fuji Electric Co., Ltd
- Vishay Intertechnology, Inc.
- Hitachi Power Semiconductor Device, Ltd.
- Littelfuse, Inc.
- Texas Instruments Incorporated.
- Microchip Technology Inc.
- Semikron Danfoss
- WeEn Semiconductors
- Solitron Devices, Inc.
- SemiQ Inc.
- Xiamen Powerway Advanced Material
- MaxPower Semiconductor
TABLE OF CONTENTS
1 INTRODUCTION 59
- 1.1 OBJECTIVES OF THE STUDY 59
- 1.2 MARKET DEFINITION 59
- 1.3 OVERVIEW OF THE GLOBAL SILICON CARBIDE POWER SEMICONDUCTORS MARKET 59
- 1.4 CURRENCY AND PRICING 61
- 1.5 LIMITATIONS 62
- 1.6 MARKET COVERED 62
2 MARKET SEGMENTATION 69
- 2.1 MARKETS COVERED 69
- 2.2 YEARS CONSIDERED FOR THE STUDY 70
- 2.3 GEOGRAPHIC SCOPE 71
- 2.4 DBMR TRIPOD DATA VALIDATION MODEL 72
- 2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 75
- 2.6 DBMR MARKET POSITION GRID 76
- 2.7 MULTIVARIATE MODELLING 77
- 2.8 TYPE TIMELINE CURVE 78
- 2.9 SECONDARY SOURCES 79
- 2.10 ASSUMPTIONS 79
3 EXECUTIVE SUMMARY 80
4 PREMIUM INSIGHTS 85
- 4.1 PORTERS MODEL 86
- 4.2 VALUE CHAIN ANALYSIS 87
- 4.3 CASE STUDIES 90
- 4.4 COMPANY COMPARATIVE ANALYSIS 93
- 4.5 PRICING ANALYSIS 95
- 4.6 PATENT ANALYSIS 99
- 4.7 REGULATORY STANDARDS 101
- 4.8 TECHNOLOGICAL TRENDS 102
- 4.8.1 DEVICE PERFORMANCE 102
- 4.8.2 ELECTRIC VEHICLES (EVS) 102
- 4.8.3 DATA CENTERS AND TELECOMMUNICATIONS 102
- 4.8.4 RENEWABLE ENERGY SYSTEMS 102
5 MARKET OVERVIEW 103
- 5.1 DRIVERS 105
- 5.1.1 ADVANCEMENT OF SILICON CARBIDE POWER SEMICONDUCTORS 105
- 5.1.2 RISING USAGE OF ELECTRONIC VEHICLES 106
- 5.1.3 INCREASING USAGE OF PHOTOVOLTAIC TECHNOLOGIES 108
- 5.1.4 RISING DEPLOYMENT OF WBG POWER SEMICONDUCTORS IN DATA CENTERS 109
- 5.2 RESTRAINTS 110
- 5.2.1 HIGH COST ASSOCIATED WITH SILICON CARBIDE SUBSTRATES 110
- 5.2.2 HEATING ISSUES RELATED TO SILICON CARBIDE 111
- 5.3 OPPORTUNITIES 112
- 5.3.1 STRATEGIC PARTNERSHIP AND ACQUISITION BY SILICON CARBIDE MANUFACTURERS 112
- 5.3.2 IMPLEMENTATION OF SILICON CARBIDE TECHNOLOGY IN THE ENERGY SECTOR 113
- 5.3.3 STRONG INITIATIVES AND INVESTMENTS TAKEN BY THE GOVERNMENT/COMPANIES TO BOOST THE SEMICONDUCTOR MARKET 115
- 5.4 CHALLENGES 116
- 5.4.1 ISSUES RELATED WITH SILICON CARBIDE WAFER MANUFACTURING 116
- 5.4.2 SHORTAGE OF SILICON CARBIDE SEMICONDUCTORS DUE TO DISRUPTED SUPPLY CHAIN 117
6 GLOBAL SILICON CARBIDE POWER SEMICONDUCTORS MARKET, BY APPLICATION 118
- 6.1 OVERVIEW 119
- 6.2 ELECTRIC VEHICLE (EV) 120
- 6.2.1 MOSFETS 121
- 6.2.2 SCHOTTKY BARRIER DIODES (SBDS) 121
- 6.2.3 BIPOLAR JUNCTION TRANSISTOR (BJT) 121
- 6.2.4 HYBRID MODULES 121
- 6.2.5 SIC BARE DIE 121
- 6.2.6 PIN DIODE 122
- 6.2.7 JUNCTION FET 122
- 6.2.8 OTHERS 122
- 6.3 INVERTERS 122
- 6.3.1 MOSFETS 123
- 6.3.2 SCHOTTKY BARRIER DIODES (SBDS) 123
- 6.3.3 BIPOLAR JUNCTION TRANSISTOR (BJT) 123
- 6.3.4 HYBRID MODULES 123
- 6.3.5 SIC BARE DIE 123
- 6.3.6 PIN DIODE 124
- 6.3.7 JUNCTION FET 124
- 6.3.8 OTHERS 124
- 6.4 POWER SUPPLIES 124
- 6.4.1 MOSFETS 125
- 6.4.2 SCHOTTKY BARRIER DIODES (SBDS) 125
- 6.4.3 BIPOLAR JUNCTION TRANSISTOR (BJT) 125
- 6.4.4 HYBRID MODULES 125
- 6.4.5 SIC BARE DIE 125
- 6.4.6 PIN DIODE 126
- 6.4.7 JUNCTION FET 126
- 6.4.8 OTHERS 126
- 6.5 PHOTOVOLTAICS 126
- 6.5.1 MOSFETS 127
- 6.5.2 SCHOTTKY BARRIER DIODES (SBDS) 127
- 6.5.3 BIPOLAR JUNCTION TRANSISTOR (BJT) 127
- 6.5.4 HYBRID MODULES 127
- 6.5.5 SIC BARE DIE 127
- 6.5.6 PIN DIODE 128
- 6.5.7 JUNCTION FET 128
- 6.5.8 OTHERS 128
- 6.6 RF DEVICES 128
- 6.6.1 MOSFETS 129
- 6.6.2 SCHOTTKY BARRIER DIODES (SBDS) 129
- 6.6.3 BIPOLAR JUNCTION TRANSISTOR (BJT) 129
- 6.6.4 HYBRID MODULES 129
- 6.6.5 SIC BARE DIE 129
- 6.6.6 PIN DIODE 129
- 6.6.7 JUNCTION FET 130
- 6.6.8 OTHERS 130
- 6.7 INDUSTRIAL MOTOR DRIVES 130
- 6.7.1 MOSFETS 131
- 6.7.2 SCHOTTKY BARRIER DIODES (SBDS) 131
- 6.7.3 BIPOLAR JUNCTION TRANSISTOR (BJT) 131
- 6.7.4 HYBRID MODULES 131
- 6.7.5 SIC BARE DIE 131
- 6.7.6 PIN DIODE 132
- 6.7.7 JUNCTION FET 132
- 6.7.8 OTHERS 132
- 6.8 OTHERS 132
7 GLOBAL SILICON CARBIDE POWER SEMICONDUCTORS MARKET, BY TYPE 133
- 7.1 OVERVIEW 134
- 7.2 MOSFETS 135
- 7.3 SCHOTTKY BARRIER DIODES (SBDS) 136
- 7.4 BIPOLAR JUNCTION TRANSISTOR (BJT) 136
- 7.5 HYBRID MODULES 137
- 7.6 SIC BARE DIE 137
- 7.7 PIN DIODE 138
- 7.8 JUNCTION FET 138
- 7.9 OTHERS 139
8 GLOBAL SILICON CARBIDE POWER SEMICONDUCTORS MARKET, BY VOLTAGE RANGE 140
- 8.1 OVERVIEW 141
- 8.2 301 V TO 900 V 142
- 8.3 901 V TO 1700 V 143
- 8.4 1701 V & ABOVE 143
- 8.5 LESS THAN 300 V 144
9 GLOBAL SILICON CARBIDE POWER SEMICONDUCTORS MARKET, BY WAFER SIZE 145
- 9.1 OVERVIEW 146
- 9.2 2 INCH, 3 INCH AND 4 INCH 147
- 9.3 6 INCH 148
- 9.4 8 & 12 INCH 148
10 GLOBAL SILICON CARBIDE POWER SEMICONDUCTORS MARKET, BY WAFER TYPE 149
- 10.1 OVERVIEW 150
- 10.2 SIC EPITAXIAL WAFERS 151
- 10.3 BLANK SIC WAFERS 152
11 GLOBAL SILICON CARBIDE POWER SEMICONDUCTORS MARKET, BY VERTICAL 153
- 11.1 OVERVIEW 154
- 11.2 AUTOMOTIVE & TRANSPORTATION 155
- 11.2.1 EV POWERTRAIN 156
- 11.2.2 ON-BOARD CHARGER 156
- 11.2.3 FAST CHARGING 156
- 11.2.4 ON-BOARD DC/DC CONVERTER 156
- 11.2.5 OTHERS 156
- 11.3 DATA CENTERS 157
- 11.3.1 POWER SUPPLY UNIT 157
- 11.3.2 POWER-FACTOR CORRECTION (PFC) CIRCUITS 157
- 11.3.3 DC-DC CONVERSION 158
- 11.3.4 OTHERS 158
- 11.4 INDUSTRIAL 158
- 11.4.1 SEMICONDUCTOR CAPITAL EQUIPMENT 159
- 11.4.2 INDUCTION HEATING 159
- 11.4.3 WELDING/PLASMA CUTTING 159
- 11.4.4 UNINTERRUPTABLE POWER SUPPLY (UPS) 159
- 11.4.5 OTHERS 159
- 11.5 RENEWABLES/GRIDS 159
- 11.5.1 SOLAR INVERTERS 160
- 11.5.2 AUXILIARY POWER SUPPLY 160
- 11.5.3 ENERGY STORAGE SYSTEM 160
- 11.6 CONSUMER ELECTRONICS 160
- 11.7 AEROSPACE & DEFENSE 161
- 11.7.1 FLIGHT ACTUATORS 161
- 11.7.2 PROPULSION TYPE 161
- 11.7.3 E-FUSE TECHNOLOGY 162
- 11.7.4 POWER DISTRIBUTION 162
- 11.7.5 TRACTION DRIVE 162
- 11.8 MEDICAL 162
- 11.8.1 AC-DC CONVERSION 163
- 11.8.2 DC-DC CONVERSION 163
- 11.8.3 OTHERS 163
- 11.9 OTHERS 163
12 GLOBAL SILICON CARBIDE POWER SEMICONDUCTORS MARKET, BY REGION 164
- 12.1 OVERVIEW 165
- 12.2 NORTH AMERICA 168
- 12.2.1 U.S. 176
- 12.2.2 CANADA 183
- 12.2.3 MEXICO 190
- 12.3 ASIA-PACIFIC 197
- 12.3.1 CHINA 205
- 12.3.2 JAPAN 213
- 12.3.3 SOUTH KOREA 221
- 12.3.4 INDIA 229
- 12.3.5 TAIWAN 237
- 12.3.6 AUSTRALIA 245
- 12.3.7 MALAYSIA 253
- 12.3.8 SINGAPORE 261
- 12.3.9 VIETNAM 269
- 12.3.10 INDONESIA 277
- 12.3.11 THAILAND 285
- 12.3.12 NEW ZEALAND 293
- 12.3.13 PHILIPPINES 300
- 12.3.14 REST OF ASIA-PACIFIC 307
- 12.4 EUROPE 308
- 12.4.1 GERMANY 315
- 12.4.2 U.K. 322
- 12.4.3 FRANCE 329
- 12.4.4 ITALY 336
- 12.4.5 SPAIN 343
- 12.4.6 RUSSIA 350
- 12.4.7 SWITZERLAND 357
- 12.4.8 TURKEY 364
- 12.4.9 BELGIUM 371
- 12.4.10 NETHERLANDS 378
- 12.4.11 NORWAY 385
- 12.4.12 FINLAND 392
- 12.4.13 DENMARK 399
- 12.4.14 SWEDEN 406
- 12.4.15 POLAND 413
- 12.4.16 REST OF EUROPE 420
- 12.5 MIDDLE EAST AND AFRICA 421
- 12.5.1 SAUDI ARABIA 428
- 12.5.2 U.A.E. 435
- 12.5.3 SOUTH AFRICA 442
- 12.5.4 EGYPT 449
- 12.5.5 ISRAEL 456
- 12.5.6 QATAR 463
- 12.5.7 BAHRAIN 470
- 12.5.8 KUWAIT 477
- 12.5.9 OMAN 484
- 12.5.10 REST OF MIDDLE EAST & AFRICA 491
- 12.6 SOUTH AMERICA 492
- 12.6.1 BRAZIL 499
- 12.6.2 ARGENTINA 506
- 12.6.3 REST OF SOUTH AMERICA 513
13 GLOBAL SILICON CARBIDE POWER SEMICONDUCTORS MARKET: COMPANY LANDSCAPE 514
- 13.1 COMPANY SHARE ANALYSIS: GLOBAL 514
- 13.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 515
- 13.3 COMPANY SHARE ANALYSIS: EUROPE 516
- 13.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 517
14 SWOT ANALYSIS 518
15 COMPANY PROFILES 519
- 15.1 INFINEON TECHNOLOGIES AG 519
- 15.1.1 COMPANY SNAPSHOT 519
- 15.1.2 REVENUE ANALYSIS 520
- 15.1.3 COMPANY SHARE ANALYSIS 520
- 15.1.4 PRODUCT PORTFOLIO 521
- 15.1.5 RECENT DEVELOPMENTS 522
- 15.2 STMICROELECTRONICS 523
- 15.2.1 COMPANY SNAPSHOT 523
- 15.2.2 REVENUE ANALYSIS 523
- 15.2.3 COMPANY SHARE ANALYSIS 524
- 15.2.4 PRODUCT PORTFOLIO 524
- 15.2.5 RECENT DEVELOPMENTS 525
- 15.3 WOLFSPEED INC. 527
- 15.3.1 COMPANY SNAPSHOT 527
- 15.3.2 REVENUE ANALYSIS 527
- 15.3.3 COMPANY SHARE ANALYSIS 528
- 15.3.4 PRODUCT PORTFOLIO 528
- 15.3.5 RECENT DEVELOPMENTS 532
- 15.4 RENESAS ELECTRONICS CORPORATION 534
- 15.4.1 COMPANY SNAPSHOT 534
- 15.4.2 REVENUE ANALYSIS 534
- 15.4.3 PRODUCT PORTFOLIO 535
- 15.4.4 RECENT DEVELOPMENTS 536
- 15.5 SEMICONDUCTOR COMPONENTS INDUSTRIES LLC 537
- 15.5.1 COMPANY SNAPSHOT 537
- 15.5.2 REVENUE ANALYSIS 537
- 15.5.3 PRODUCT PORTFOLIO 538
- 15.5.4 RECENT DEVELOPMENTS 540
- 15.6 ALLEGRO MICROSYSTEMS, INC. 542
- 15.6.1 COMPANY SNAPSHOT 542
- 15.6.2 REVENUE ANALYSIS 542
- 15.6.3 PRODUCT PORTFOLIO 543
- 15.6.4 RECENT DEVELOPMENTS 543
- 15.7 FUJI ELECTRIC CO. LTD. 545
- 15.7.1 COMPANY SNAPSHOT 545
- 15.7.2 REVENUE ANALYSIS 545
- 15.7.3 PRODUCT PORTFOLIO 546
- 15.7.4 RECENT DEVELOPMENTS 547
- 15.8 GENESIC SEMICONDUCTOR INC. 548
- 15.8.1 COMPANY SNAPSHOT 548
- 15.8.2 REVENUE ANALYSIS 548
- 15.8.3 PRODUCT PORTFOLIO 549
- 15.8.4 RECENT DEVELOPMENTS 550
- 15.9 HITACHI POWER SEMICONDUCTOR DEVICE, LTD. 552
- 15.9.1 COMPANY SNAPSHOT 552
- 15.9.2 REVENUE ANALYSIS 552
- 15.9.3 PRODUCT PORTFOLIO 553
- 15.9.4 RECENT DEVELOPMENT 554
- 15.10 LITTLEFUSE, INC. 555
- 15.10.1 COMPANY SNAPSHOT 555
- 15.10.2 REVENUE ANALYSIS 555
- 15.10.3 PRODUCT PORTFOLIO 556
- 15.10.4 RECENT DEVELOPMENTS 558
- 15.11 MAXPOWER SIC SEMICONDUCTOR CO., LTD 559
- 15.11.1 COMPANY SNAPSHOT 559
- 15.11.2 REVENUE ANALYSIS 559
- 15.11.3 PRODUCT PORTFOLIO 560
- 15.11.4 RECENT DEVELOPMENTS 560
- 15.12 MICROCHIP TECHNOLOGY INC. 561
- 15.12.1 COMPANY SNAPSHOT 561
- 15.12.2 REVENUE ANALYSIS 561
- 15.12.3 PRODUCT PORTFOLIO 562
- 15.12.4 RECENT DEVELOPMENTS 563
- 15.13 MITSUBISHI ELECTRIC CORPORATION 565
- 15.13.1 COMPANY SNAPSHOT 565
- 15.13.2 REVENUE ANALYSIS 565
- 15.13.3 PRODUCT PORTFOLIO 566
- 15.13.4 RECENT DEVELOPMENTS 567
- 15.14 NEXPERIA (A SUBSIDIARY OF NXP SEMICONDUCTORS) 570
- 15.14.1 COMPANY SNAPSHOT 570
- 15.14.2 REVENUE ANALYSIS 570
- 15.14.3 PRODUCT PORTFOLIO 571
- 15.14.4 RECENT DEVELOPMENTS 572
- 15.15 QORVO, INC 573
- 15.15.1 COMPANY SNAPSHOT 573
- 15.15.2 REVENUE ANALYSIS 573
- 15.15.3 PRODUCT PORTFOLIO 574
- 15.15.4 RECENT DEVELOPMENTS 575
- 15.16 ROHM CO., LTD. 577
- 15.16.1 COMPANY SNAPSHOT 577
- 15.16.2 REVENUE ANALYSIS 577
- 15.16.3 PRODUCT PORTFOLIO 578
- 15.16.4 RECENT DEVELOPMENTS 580
- 15.17 SEMIKRON DANFOSS 582
- 15.17.1 COMPANY SNAPSHOT 582
- 15.17.2 PRODUCT PORTFOLIO 582
- 15.17.3 RECENT DEVELOPMENTS 583
- 15.18 SEMIQ INC. 584
- 15.18.1 COMPANY SNAPSHOT 584
- 15.18.2 PRODUCT PORTFOLIO 584
- 15.18.3 RECENT DEVELOPMENT 587
- 15.19 SOLITRON DEVICES, INC. 588
- 15.19.1 COMPANY SNAPSHOT 588
- 15.19.2 REVENUE ANALYSIS 588
- 15.19.3 PRODUCT PORTFOLIO 589
- 15.19.4 RECENT DEVELOPMENTS 590
- 15.20 TEXAS INSTRUMENTS INCORPORATED 592
- 15.20.1 COMPANY SNAPSHOT 592
- 15.20.2 REVENUE ANALYSIS 592
- 15.20.3 PRODUCT PORTFOLIO 593
- 15.21 TOSHIBA ELECTRONIC DEVICES AND STORAGE CORPORATION 594
- 15.21.1 COMPANY SNAPSHOT 594
- 15.21.2 PRODUCTS PORTFOLIO 594
- 15.21.3 RECENT DEVELOPMENTS 595
- 15.22 VISHAY INTERTECHNOLOGY, INC. 596
- 15.22.1 COMPANY SNAPSHOT 596
- 15.22.2 REVENUE ANALYSIS 597
- 15.22.3 PRODUCT PORTFOLIO 597
- 15.22.4 RECENT DEVELOPMENTS 599
- 15.23 WEEN SEMICONDUCTORS 600
- 15.23.1 COMPANY SNAPSHOT 600
- 15.23.2 PRODUCT PORTFOLIO 600
- 15.23.3 RECENT DEVELOPMENTS 601
- 15.24 XIAMEN POWERWAY ADVANCED MATERIAL CO. LTD. 602
- 15.24.1 COMPANY SNAPSHOT 602
- 15.24.2 PRODUCT PORTFOLIO 602
- 15.24.3 RECENT DEVELOPMENT 604
16 QUESTIONNAIRE 605
17 RELATED REPORTS 609