Market Overview:
The global SiC power devices 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-power electronics devices. In addition, the growing adoption of SiC power devices in motor drivers, power supplies, photovoltaics, and other applications is also contributing to the growth of this market. Based on type, the global SiC power devices market can be segmented into SiC power device modules and SiC power device diodes.
Product Definition:
SiC power devices are silicon carbide (SiC) based semiconductor switches that are used to control the flow of electrical current in electronic circuits. SiC power devices offer a number of advantages over traditional silicon-based power devices, including higher operating temperatures, faster switching speeds, and greater efficiency. As a result, SiC power devices are becoming increasingly popular in a variety of applications, including data centers, electric vehicles, and renewable energy systems.
SiC Power Device Module:
The Silicon Carbide Power Device (SiC PDM) is a new technology that has been developed to overcome the limitations of traditional power devices. The SiC PDM module provides higher efficiency, lower heat loss and greater output than other modules used in SiC Power Devices. It also offers features such as low-noise operation, high operating speed and enhanced current drive capability which are not available with conventional modules used in SiC Power Devices.
SiC Power Device Diodes:
The Silicon Carbide Power Devices market is expected to grow at a significant rate owing to the increasing demand for power devices across various application areas. The silicon carbide power device diodes are one of the key components in this market as they play an important role in providing protection and enhancing the performance of semiconductor devices by regulating current flow through them.
In case of any fault, these diodes act as a short-circuit.
Application Insights:
The motor drivers segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The growing demand for electric vehicles is expected to drive the demand for motor driver ICs with higher efficiency, which in turn will fuel market growth. In addition, increasing investments by companies such as Siemens are expected to boost industry expansion over the coming years.
SiC power devices have high thermal resistance properties which make them suitable across a wide range of temperature conditions without affecting their performance or life expectancy. This factor has led them being used across applications such as solar panels and heat pumps where high durability and stability are required from power components but low operating temperatures are tolerated from these components due to limitations imposed by materials used in their fabrication process (e.g., silicon carbide).
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, such as China, India, and South Korea. Rapid industrialization coupled with government initiatives aimed at promoting domestic manufacturing capabilities has resulted in high demand for power devices in this region.
The European market accounted for a significant share of revenue owing to early adoption of advanced technologies across various applications including automotive, electronics & telecommunication sectors. However, strict environmental regulations regarding carbon emission are anticipated to hamper industry growth over the next eight years.
Latin America is projected to exhibit lucrative growth rate during the same period owing her abundant natural resources that include crude oil.
Growth Factors:
- Increasing demand for high-efficiency and low-emission power systems in automotive and industrial applications
- Rising penetration of SiC power devices in renewable energy systems
- Growing popularity of SiC MOSFETs in data centers and telecom networks
- Proliferation of smart grid infrastructure worldwide
- accelerating adoption of electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
SiC Power Devices Market Research Report
By Type
SiC Power Device Module, SiC Power Device Diodes
By Application
Motor Drivers, Power Supplies, Photovoltaics, Others
By Companies
ROHM Semiconductor, Infineon, Mitsubishi Electric Corp, STMicroelectronics N.V., Toshiba Corp, Fuji Electric Co Ltd, Infineon Technologies, ON Semiconductor Corp
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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global SiC Power Devices Market Report Segments:
The global SiC Power Devices market is segmented on the basis of:
Types
SiC Power Device Module, SiC Power Device Diodes
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 Drivers, Power Supplies, Photovoltaics, Others
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:
- ROHM Semiconductor
- Infineon
- Mitsubishi Electric Corp
- STMicroelectronics N.V.
- Toshiba Corp
- Fuji Electric Co Ltd
- Infineon Technologies
- ON Semiconductor Corp
Highlights of The SiC Power Devices 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 Power Device Module
- SiC Power Device Diodes
- By Application:
- Motor Drivers
- Power Supplies
- Photovoltaics
- Others
- 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 Power Devices 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 Power Devices is a company that manufactures power management solutions for mobile devices. SiC Power Devices' products include chargers, battery packs, and solar panels.
Some of the key players operating in the sic power devices market are ROHM Semiconductor, Infineon, Mitsubishi Electric Corp, STMicroelectronics N.V., Toshiba Corp, Fuji Electric Co Ltd, Infineon Technologies, ON Semiconductor Corp.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 SiC Power Devices 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 Power Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SiC Power Devices 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 Power Devices 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 Power Devices Market Size & Forecast, 2018-2028
4.5.1 SiC Power Devices Market Size and Y-o-Y Growth
4.5.2 SiC Power Devices Market Absolute $ Opportunity
Chapter 5 Global SiC Power Devices 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 SiC Power Devices Market Size Forecast by Type
5.2.1 SiC Power Device Module
5.2.2 SiC Power Device Diodes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global SiC Power Devices 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 SiC Power Devices Market Size Forecast by Applications
6.2.1 Motor Drivers
6.2.2 Power Supplies
6.2.3 Photovoltaics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global SiC Power Devices 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 Power Devices 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 SiC Power Devices Analysis and Forecast
9.1 Introduction
9.2 North America SiC Power Devices 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 SiC Power Devices Market Size Forecast by Type
9.6.1 SiC Power Device Module
9.6.2 SiC Power Device Diodes
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 SiC Power Devices Market Size Forecast by Applications
9.10.1 Motor Drivers
9.10.2 Power Supplies
9.10.3 Photovoltaics
9.10.4 Others
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 SiC Power Devices Analysis and Forecast
10.1 Introduction
10.2 Europe SiC Power Devices 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 SiC Power Devices Market Size Forecast by Type
10.6.1 SiC Power Device Module
10.6.2 SiC Power Device Diodes
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 SiC Power Devices Market Size Forecast by Applications
10.10.1 Motor Drivers
10.10.2 Power Supplies
10.10.3 Photovoltaics
10.10.4 Others
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 SiC Power Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific SiC Power Devices 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 SiC Power Devices Market Size Forecast by Type
11.6.1 SiC Power Device Module
11.6.2 SiC Power Device Diodes
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 SiC Power Devices Market Size Forecast by Applications
11.10.1 Motor Drivers
11.10.2 Power Supplies
11.10.3 Photovoltaics
11.10.4 Others
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 SiC Power Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America SiC Power Devices 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 SiC Power Devices Market Size Forecast by Type
12.6.1 SiC Power Device Module
12.6.2 SiC Power Device Diodes
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 SiC Power Devices Market Size Forecast by Applications
12.10.1 Motor Drivers
12.10.2 Power Supplies
12.10.3 Photovoltaics
12.10.4 Others
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) SiC Power Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) SiC Power Devices 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) SiC Power Devices Market Size Forecast by Type
13.6.1 SiC Power Device Module
13.6.2 SiC Power Device Diodes
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) SiC Power Devices Market Size Forecast by Applications
13.10.1 Motor Drivers
13.10.2 Power Supplies
13.10.3 Photovoltaics
13.10.4 Others
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 Power Devices Market: Competitive Dashboard
14.2 Global SiC Power Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ROHM Semiconductor
14.3.2 Infineon
14.3.3 Mitsubishi Electric Corp
14.3.4 STMicroelectronics N.V.
14.3.5 Toshiba Corp
14.3.6 Fuji Electric Co Ltd
14.3.7 Infineon Technologies
14.3.8 ON Semiconductor Corp
