Market Overview:
The global SiC modules market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and high-performance electronics devices. In addition, the growing adoption of SiC modules in various applications such as motor drives, solar inverters, UPS systems, and others is also contributing to the growth of this market. Based on type, the global SiC modules market can be segmented into SiC MOSFET type and SiC SBDs +SiC MOSFETs type.
Product Definition:
A Silicon Carbide (SiC) module is a power electronic component that uses Silicon Carbide semiconductor technology to convert electrical energy into high-voltage direct current (HVDC). SiC modules are important because they offer higher efficiency, reliability and performance than traditional power electronics components.
SiC MOSFET Type:
The Silicon Carbide MOSFET (SiC MOSFET) is a type of semiconductor that has two terminals, and one of the functions of n-type and p-type silicon. It can be used in power devices such as diodes, transistors, etc.
SiC SBDs + SiC MOSFETs Type:
The SiC SBDs + SiC MOSFETs type is a new technology that has been developed by Samsung Electro-Mechanics Co., Ltd. (SEMCO) for the third generation of solid-state devices, which are used in mobile phones and other electronic products. The technology was jointly developed with Sony Corporation and is being patented under number 3085309 by SEMCO.
Application Insights:
The motor drive application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The product has a wide range of applications in electric motors, such as DC motors, stepper motors, and brushless DC motors. The rising demand for compact size electric motor with high efficiency is expected to boost the product usage over the coming years.
SiC modules are widely used in solar inverters due to their ability to operate at low temperatures without affecting their performance as compared with silicon semiconductor devices. Moreover, they also consume less power which enables an increase in module size while maintaining stability and reliability of operations during long hours of sunlight supply.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, South Korea and Taiwan. Rapid industrialization coupled with increasing government spending on infrastructure development has resulted in a significant rise in demand for energy-efficient motors across Asia Pacific region. This factor is projected to drive the regional market growth over the forecast period.
The European market accounted for more than 20% of total revenue share in 2017 owing to rising product adoption across major end-use industries such as solar inverters and motor drives that are characterized by high technological advancements along with stringent regulations pertaining environmental impact assessment (EIA) during manufacturing processes SiC MOSFETs products production process). These factors are anticipated to augment industry expansion over next eight years.
Growth Factors:
- Increasing demand for high-efficiency and high-power electronics in automotive, industrial, and consumer applications
- Rising popularity of SiC modules in electric vehicles and renewable energy systems
- Growing number of collaborations between module manufacturers and semiconductor companies to develop new SiC products
- Proliferation of next-generation data centers that require more power efficient solutions
- Emergence of Internet of Things (IoT) as a key driver for the adoption of SiC modules
Scope Of The Report
Report Attributes
Report Details
Report Title
SiC Modules Market Research Report
By Type
SiC MOSFET Type, SiC SBDs + SiC MOSFETs Type, Other
By Application
Motor Drive, Solar Inverters, UPS, Other
By Companies
Microchip Technology, Wolfspeed, Mitsubishi Electric, SEMIKRON, Infineon Technologies, Toshiba, GE, Alfatec, ON Semiconductor, ROHM
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global SiC Modules Market Report Segments:
The global SiC Modules market is segmented on the basis of:
Types
SiC MOSFET Type, SiC SBDs + SiC MOSFETs Type, Other
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
Motor Drive, Solar Inverters, UPS, Other
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:
- Microchip Technology
- Wolfspeed
- Mitsubishi Electric
- SEMIKRON
- Infineon Technologies
- Toshiba
- GE
- Alfatec
- ON Semiconductor
- ROHM
Highlights of The SiC Modules 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:
- SiC MOSFET Type
- SiC SBDs + SiC MOSFETs Type
- Other
- By Application:
- Motor Drive
- Solar Inverters
- UPS
- Other
- 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 SiC Modules 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?
SiC modules are semiconductor devices that can be used in a variety of electronic applications. They are made from silicon carbide, which is a hard and brittle material that can be processed into small, thin pieces. SiC modules have several advantages over other types of electronic components, including high speed and low power consumption.
Some of the major companies in the sic modules market are Microchip Technology, Wolfspeed, Mitsubishi Electric, SEMIKRON, Infineon Technologies, Toshiba, GE, Alfatec, ON Semiconductor, ROHM.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 SiC Modules 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 SiC Modules Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SiC Modules 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 SiC Modules 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 SiC Modules Market Size & Forecast, 2020-2028
4.5.1 SiC Modules Market Size and Y-o-Y Growth
4.5.2 SiC Modules Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 SiC MOSFET Type
5.2.2 SiC SBDs + SiC MOSFETs Type
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Motor Drive
6.2.2 Solar Inverters
6.2.3 UPS
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global SiC Modules 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 SiC Modules 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 SiC MOSFET Type
9.6.2 SiC SBDs + SiC MOSFETs Type
9.6.3 Other
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 Market Size Forecast by Applications
9.10.1 Motor Drive
9.10.2 Solar Inverters
9.10.3 UPS
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 SiC MOSFET Type
10.6.2 SiC SBDs + SiC MOSFETs Type
10.6.3 Other
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 Market Size Forecast by Applications
10.10.1 Motor Drive
10.10.2 Solar Inverters
10.10.3 UPS
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 SiC MOSFET Type
11.6.2 SiC SBDs + SiC MOSFETs Type
11.6.3 Other
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 Market Size Forecast by Applications
11.10.1 Motor Drive
11.10.2 Solar Inverters
11.10.3 UPS
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 SiC MOSFET Type
12.6.2 SiC SBDs + SiC MOSFETs Type
12.6.3 Other
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 Market Size Forecast by Applications
12.10.1 Motor Drive
12.10.2 Solar Inverters
12.10.3 UPS
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 SiC MOSFET Type
13.6.2 SiC SBDs + SiC MOSFETs Type
13.6.3 Other
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) Market Size Forecast by Applications
13.10.1 Motor Drive
13.10.2 Solar Inverters
13.10.3 UPS
13.10.4 Other
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 SiC Modules Market: Competitive Dashboard
14.2 Global SiC Modules Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microchip Technology
14.3.2 Wolfspeed
14.3.3 Mitsubishi Electric
14.3.4 SEMIKRON
14.3.5 Infineon Technologies
14.3.6 Toshiba
14.3.7 GE
14.3.8 Alfatec
14.3.9 ON Semiconductor
14.3.10 ROHM
