Market Overview:
The global WBG semiconductor 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 WBG semiconductors in various applications, such as electrical, automotive, industrial, military and others. In addition, the growing demand for energy-efficient and high-performance devices is also contributing to the growth of this market. Some of the major players operating in this market are Cree Inc., Infineon Technologies AG., Texas Instruments Incorporated and United Microelectronics Corporation (UMC), among others.
Product Definition:
WBG Semiconductor is a semiconductor that has a wide bandgap. This type of semiconductor has a higher breakdown voltage and can operate at higher temperatures than traditional silicon-based semiconductors. WBG Semiconductors are used in applications such as LED lights, lasers, and power electronics.
Silicon Carbide (SiC):
Silicon carbide (SiC) is a compound of silicon and carbon. It has the formula SiC, which stands for Silicon Carbide. It's a solid material made up of pure silicon crystals that are almost entirely made up of side chains.
Gallium Nitride (GaN):
GaN is a crystalline form of nitrogen gas that exhibits an electrical conductivity greater than or equal to 100 times higher than the conventional gaseous nitrogen. It has a wide range of applications in semiconductors, optoelectronics, and telecommunication devices. The high thermal stability exhibited by GaN makes it suitable for use as an active material in power devices such as electric batteries and fuel cells.
Application Insights:
The automotive segment accounted for the largest share in 2015 and is projected to witness significant growth over the forecast period. The growing demand for electric and hybrid vehicles is expected to drive the product demand in this application segment. Furthermore, increasing government initiatives regarding reduction of vehicular emissions coupled with rising consumer preference for fuel efficient vehicles will further propel market growth over the next eight years.
The electrical application segment was valued at USD 1,000 million in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2030 owing to increasing use of semiconductors across various applications such as power distribution systems, transformers & switchgears, lighting products & HVAC (heating ventilation & cooling), communication devices among others.
Regional Analysis:
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to the presence of a large number of semiconductor manufacturers in China and Taiwan. The region accounted for over 45% revenue share in 2016 and is expected to grow at a CAGR exceeding 10% from 2017 to 2030. This can be attributed primarily to growing demand for power electronics, solar cells, LEDs, consumer electronics products along with rapid industrialization across emerging economies such as India and South Korea.
The market in Europe was valued at USD X billion in 2016 and is projected to grow significantly over the forecast period owing its high manufacturing base of automotive components (engine & transmission), medical devices & sensors, lighting solutions among others which are majorly driven by rising product demand across several end-use industries such as transportation & logistics (shipping/warehousing), energy&power distribution network etc.
Growth Factors:
- Increasing demand for semiconductor products in automotive and industrial applications
- Growing demand for semiconductor products in the consumer electronics sector
- Proliferation of new and innovative semiconductor technologies
- Rising number of fabless companies and IDMs
- Emergence of China as a leading player in the global semiconductor market
Scope Of The Report
Report Attributes
Report Details
Report Title
WBG Semiconductor Market Research Report
By Type
Silicon Carbide (SiC), Gallium Nitride (GaN), Aluminum Nitride (AIN), Gallium Oxide, Others
By Application
Electrical, Automotive, Industrial, Military, Others
By Companies
Mersen, GaN Systems, ROHM Semiconductor, ON Semiconductor, STMicroelectronics, Infineon Technologies, Renesas Electronics Corporation, NXP Semiconductors, Fujitsu, 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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global WBG Semiconductor Market Report Segments:
The global WBG Semiconductor market is segmented on the basis of:
Types
Silicon Carbide (SiC), Gallium Nitride (GaN), Aluminum Nitride (AIN), Gallium Oxide, Others
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
Electrical, Automotive, Industrial, Military, 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:
- Mersen
- GaN Systems
- ROHM Semiconductor
- ON Semiconductor
- STMicroelectronics
- Infineon Technologies
- Renesas Electronics Corporation
- NXP Semiconductors
- Fujitsu
- Mitsubishi Electric
Highlights of The WBG Semiconductor 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:
- Silicon Carbide (SiC)
- Gallium Nitride (GaN)
- Aluminum Nitride (AIN)
- Gallium Oxide
- Others
- By Application:
- Electrical
- Automotive
- Industrial
- Military
- 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 WBG Semiconductor 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?
WBG Semiconductor is a fabless semiconductor company that designs, manufactures and markets high-performance analog and mixed-signal integrated circuits. The company's products are used in a variety of applications such as communications, industrial control, automotive electronics and consumer electronics.
Some of the key players operating in the wbg semiconductor market are Mersen, GaN Systems, ROHM Semiconductor, ON Semiconductor, STMicroelectronics, Infineon Technologies, Renesas Electronics Corporation, NXP Semiconductors, Fujitsu, Mitsubishi Electric.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 WBG Semiconductor 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 WBG Semiconductor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 WBG Semiconductor 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 WBG Semiconductor 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 WBG Semiconductor Market Size & Forecast, 2020-2028
4.5.1 WBG Semiconductor Market Size and Y-o-Y Growth
4.5.2 WBG Semiconductor 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 Silicon Carbide (SiC)
5.2.2 Gallium Nitride (GaN)
5.2.3 Aluminum Nitride (AIN)
5.2.4 Gallium Oxide
5.2.5 Others
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 Electrical
6.2.2 Automotive
6.2.3 Industrial
6.2.4 Military
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global WBG Semiconductor 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 WBG Semiconductor 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 Silicon Carbide (SiC)
9.6.2 Gallium Nitride (GaN)
9.6.3 Aluminum Nitride (AIN)
9.6.4 Gallium Oxide
9.6.5 Others
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 Electrical
9.10.2 Automotive
9.10.3 Industrial
9.10.4 Military
9.10.5 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 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 Silicon Carbide (SiC)
10.6.2 Gallium Nitride (GaN)
10.6.3 Aluminum Nitride (AIN)
10.6.4 Gallium Oxide
10.6.5 Others
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 Electrical
10.10.2 Automotive
10.10.3 Industrial
10.10.4 Military
10.10.5 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 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 Silicon Carbide (SiC)
11.6.2 Gallium Nitride (GaN)
11.6.3 Aluminum Nitride (AIN)
11.6.4 Gallium Oxide
11.6.5 Others
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 Electrical
11.10.2 Automotive
11.10.3 Industrial
11.10.4 Military
11.10.5 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 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 Silicon Carbide (SiC)
12.6.2 Gallium Nitride (GaN)
12.6.3 Aluminum Nitride (AIN)
12.6.4 Gallium Oxide
12.6.5 Others
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 Electrical
12.10.2 Automotive
12.10.3 Industrial
12.10.4 Military
12.10.5 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) 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 Silicon Carbide (SiC)
13.6.2 Gallium Nitride (GaN)
13.6.3 Aluminum Nitride (AIN)
13.6.4 Gallium Oxide
13.6.5 Others
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 Electrical
13.10.2 Automotive
13.10.3 Industrial
13.10.4 Military
13.10.5 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 WBG Semiconductor Market: Competitive Dashboard
14.2 Global WBG Semiconductor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mersen
14.3.2 GaN Systems
14.3.3 ROHM Semiconductor
14.3.4 ON Semiconductor
14.3.5 STMicroelectronics
14.3.6 Infineon Technologies
14.3.7 Renesas Electronics Corporation
14.3.8 NXP Semiconductors
14.3.9 Fujitsu
14.3.10 Mitsubishi Electric
