Market Overview:
The global hybrid SiC power module market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and high-performance electronics products. Additionally, the growing adoption of electric vehicles is also propelling the demand for hybrid SiC power modules. Based on type, the global hybrid SiC power module market can be segmented into 1200V, 1700V, 3300V, and other classes. The 1200V type segment is expected to account for a major share of the global market in 2018 owing to its high efficiency and performance. However, with technological advancements in this field, higher voltage types are expected to witness significant growth during the forecast period. Based on application, industrial equipment accounted for a majority share of the global hybrid SiC power module market in 2017. This can be attributed to increased demand from industries such as automotive and semiconductor manufacturing among others. However, with rising awareness about energy efficiency among consumers across different applications segments such as home appliances and consumer electronics products etc.
Product Definition:
A hybrid SiC power module is a semiconductor device that uses both silicon and silicon carbide to amplify or switch electric current. Silicon carbide has a higher operating temperature than traditional silicon, making it more efficient for power switching. Hybrid SiC power modules are used in applications where high efficiency and reliability are important, such as in data centers, telecommunications systems, and automotive electronics.
1200V:
1200V is the highest voltage that can be generated by a SiC power module. It is used in industrial applications such as arc furnaces, gas turbines, and others. The growth factor of 1200V is 1.12 (1120%).
1700V:
1700V is the highest voltage ever used in a SiC power module. It is also one of the most significant numbers in power generation and energy storage industry. 1700V represents twice the electric potential difference as compared to 900V, which means two times more electron volts available for chemical reactions. This higher voltage provides increased efficiency during chemical reactions and thus increases productivity by reducing waste products such as heat, noise, and X-rays.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The rising demand for electric and hybrid vehicles is expected to have a positive impact on the market growth over the forecast period. SiC modules are used as power electronic components in various automotive applications, such as HVAC, lighting systems, engine controllers and fuel cells. They provide efficient conversion of electrical energy into mechanical energy and heat which eliminates the need for additional heating or cooling equipment thereby reducing overall vehicle weight & size along with improving fuel efficiency & performance.
SiC modules are also used in military aircraft where they are employed as part of an integrated power package (IPP) that includes both electronic warfare equipment and weapons system controller/sensor electronics among other mission critical systems operating at high reliability demands under extreme environmental conditions such as temperature shock & vibration etc., making them reliable solutions ideal for defense applications worldwide.
Regional Analysis:
Asia Pacific regional market accounted for the largest share of more than 40% in 2017. The region is expected to witness significant growth over the forecast period owing to rising demand from various end-use industries, such as industrial, automotive and consumer appliances. Increasing government investments in infrastructure development are also anticipated to drive industry expansion over the coming years.
The European regional market accounted for a significant revenue share in 2017 owing to growing product demand from several major end-use sectors including electrical and electronics, oil & gas, wind energy and others. The presence of prominent players coupled with high R&D spending by them is also likely to contribute toward SiC power module growth across this region during the forecast period.
North America held a considerable revenue share in 2017 due its dominance in terms of automobile production along with other applications including medical equipment & devices manufacturing.
Growth Factors:
- Increasing demand for high-efficiency and low-emission power systems from the automotive and electronics industries
- Growing popularity of hybrid and electric vehicles
- Proliferation of data centers and the need for energy-efficient infrastructure
- Stringent government regulations on carbon emissions
- Advances in SiC technology that improve performance, reduce costs, and increase reliability
Scope Of The Report
Report Attributes
Report Details
Report Title
Hybrid SiC Power Module Market Research Report
By Type
1200V, 1700V, 3300V, Other Class
By Application
Industrial Equipment, Automotive, Home Appliances, Other Applications
By Companies
Fuji Electric, SEMIKRON, Cengol, Infineon Technologies, Semiconductor Components Industries, Mitsubishi Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Hybrid SiC Power Module Market Report Segments:
The global Hybrid SiC Power Module market is segmented on the basis of:
Types
1200V, 1700V, 3300V, Other Class
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Equipment, Automotive, Home Appliances, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fuji Electric
- SEMIKRON
- Cengol
- Infineon Technologies
- Semiconductor Components Industries
- Mitsubishi Electric
Highlights of The Hybrid SiC Power Module Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1200V
- 1700V
- 3300V
- Other Class
- By Application:
- Industrial Equipment
- Automotive
- Home Appliances
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hybrid SiC Power Module Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hybrid SiC power module is a type of energy storage device that uses both solid-state and conventional technologies. The solid-state components are used to store the energy, while the conventional components provide the ability to convert electrical energy into mechanical or thermal output. This allows hybrid SiC power modules to be more versatile and efficient than traditional devices, which can only store or generate electricity using one technology.
Some of the major players in the hybrid sic power module market are Fuji Electric, SEMIKRON, Cengol, Infineon Technologies, Semiconductor Components Industries, Mitsubishi Electric.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hybrid SiC Power Module Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hybrid SiC Power Module Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hybrid SiC Power Module Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hybrid SiC Power Module Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hybrid SiC Power Module Market Size & Forecast, 2018-2028
4.5.1 Hybrid SiC Power Module Market Size and Y-o-Y Growth
4.5.2 Hybrid SiC Power Module Market Absolute $ Opportunity
Chapter 5 Global Hybrid SiC Power Module Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hybrid SiC Power Module Market Size Forecast by Type
5.2.1 1200V
5.2.2 1700V
5.2.3 3300V
5.2.4 Other Class
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hybrid SiC Power Module Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hybrid SiC Power Module Market Size Forecast by Applications
6.2.1 Industrial Equipment
6.2.2 Automotive
6.2.3 Home Appliances
6.2.4 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hybrid SiC Power Module Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hybrid SiC Power Module Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hybrid SiC Power Module Analysis and Forecast
9.1 Introduction
9.2 North America Hybrid SiC Power Module Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hybrid SiC Power Module Market Size Forecast by Type
9.6.1 1200V
9.6.2 1700V
9.6.3 3300V
9.6.4 Other Class
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hybrid SiC Power Module Market Size Forecast by Applications
9.10.1 Industrial Equipment
9.10.2 Automotive
9.10.3 Home Appliances
9.10.4 Other Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hybrid SiC Power Module Analysis and Forecast
10.1 Introduction
10.2 Europe Hybrid SiC Power Module Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hybrid SiC Power Module Market Size Forecast by Type
10.6.1 1200V
10.6.2 1700V
10.6.3 3300V
10.6.4 Other Class
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hybrid SiC Power Module Market Size Forecast by Applications
10.10.1 Industrial Equipment
10.10.2 Automotive
10.10.3 Home Appliances
10.10.4 Other Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hybrid SiC Power Module Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hybrid SiC Power Module Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hybrid SiC Power Module Market Size Forecast by Type
11.6.1 1200V
11.6.2 1700V
11.6.3 3300V
11.6.4 Other Class
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hybrid SiC Power Module Market Size Forecast by Applications
11.10.1 Industrial Equipment
11.10.2 Automotive
11.10.3 Home Appliances
11.10.4 Other Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hybrid SiC Power Module Analysis and Forecast
12.1 Introduction
12.2 Latin America Hybrid SiC Power Module Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hybrid SiC Power Module Market Size Forecast by Type
12.6.1 1200V
12.6.2 1700V
12.6.3 3300V
12.6.4 Other Class
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hybrid SiC Power Module Market Size Forecast by Applications
12.10.1 Industrial Equipment
12.10.2 Automotive
12.10.3 Home Appliances
12.10.4 Other Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hybrid SiC Power Module Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hybrid SiC Power Module Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hybrid SiC Power Module Market Size Forecast by Type
13.6.1 1200V
13.6.2 1700V
13.6.3 3300V
13.6.4 Other Class
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hybrid SiC Power Module Market Size Forecast by Applications
13.10.1 Industrial Equipment
13.10.2 Automotive
13.10.3 Home Appliances
13.10.4 Other Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hybrid SiC Power Module Market: Competitive Dashboard
14.2 Global Hybrid SiC Power Module Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fuji Electric
14.3.2 SEMIKRON
14.3.3 Cengol
14.3.4 Infineon Technologies
14.3.5 Semiconductor Components Industries
14.3.6 Mitsubishi Electric
