Market Overview:
The global SiC & GaN 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 high-efficiency and high-power electronics devices, rising adoption of GaN and SiC power devices in automotive and transportation applications, and growing investments in research and development activities for advanced semiconductor materials. Based on type, the global SiC & GaN power devices market is segmented into GaN and SiC. TheGaNPower Devices segment is expected to grow at a higher CAGR than theSiCPower Devices segment during the forecast period. This can be attributed to the increasing demand for high-efficiency Gallium Nitride (GaN) based power semiconductors across various end-use industries. Based on application,the globalSiC&GanPower Devicesmarketis divided into consumer electronics, automotive & transportation, industrial use,and others segments.
Product Definition:
SiC & GaN Power Devices are a type of power device that can be used to switch or regulate the flow of electricity. They are important because they can help improve the efficiency and performance of electrical systems.
GaN:
GaN is a type of semiconductor material used in power devices such as power amplifiers, RF and microwave devices. It has higher electron mobility than silicon carbide or gallium nitride which makes it an ideal material for high-frequency applications.
GaN technology is expected to grow at a significant rate owing to the increasing demand for high-power amplifiers in data communications, wireless infrastructure and military & defense applications.
SiC:
Silicon Carbide is a semiconductor material with bandgap of 1.9 eV, which can be utilized as an alternative to silicon for making electronic devices and components. SiC is crystalline in nature and has more in common with diamond than other materials such as silicon or germanium; it possesses the highest thermal conductivity among all solids.
Application Insights:
The consumer electronics segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The product offers high thermal conductivity, low thermal resistance, high electrical conductivity and good mechanical strength which makes it suitable for use in various electronic products such as flat panel TVs, LED/LCD monitors, mobile phones etc. Furthermore, increasing demand from smartphones is projected to drive the industry growth over the coming years.
SiC & GaN power devices are widely used across automotive applications owing to their ability to provide higher efficiency than conventional technologies such as HVAC (heating ventilation air conditioning) or engine cooling systems. They are used in a variety of components including infotainment systems (heads-up display/ dashboard computer), lighting units (headlamps), heat exchangers and radiators among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for power devices from key application sectors including consumer electronics, automotive, and industrial. Furthermore, increasing government spending on infrastructure development activities coupled with growing demand for energy storage systems is likely to drive industry expansion over the coming years.
The European market accounted for a significant share of revenue in 2017 owing to high product adoption across major end-use industries such as aerospace & defense and medical equipment & supplies. In addition, technological advancements along with increased R&D initiatives are projected to fuel regional growth during the forecast period. North America also contributed significantly towards overall industry growth due to strong presence of key manufacturers operating within U.S.
Growth Factors:
- Increasing demand for high-efficiency and high-power electronics in automotive, industrial, and consumer applications
- Rising penetration of SiC & GaN power devices in data centers and telecom infrastructure
- Growing popularity of renewable energy sources such as solar and wind power
- Proliferation of next-generation 5G networks
- accelerating development of autonomous vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
SiC & GaN Power Devices Market Research Report
By Type
GaN, SiC
By Application
Consumer Electronics, Automotive & Transportation, Industrial Use, Others
By Companies
Infineon, Rohm, Mitsubishi, STMicro, Fuji, Toshiba, Microchip Technology, United Silicon Carbide Inc., GeneSic, Efficient Power Conversion (EPC), GaN Systems, VisIC Technologies LTD
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global SiC & GaN Power Devices Market Report Segments:
The global SiC & GaN Power Devices market is segmented on the basis of:
Types
GaN, SiC
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
Consumer Electronics, Automotive & Transportation, Industrial Use, 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:
- Infineon
- Rohm
- Mitsubishi
- STMicro
- Fuji
- Toshiba
- Microchip Technology
- United Silicon Carbide Inc.
- GeneSic
- Efficient Power Conversion (EPC)
- GaN Systems
- VisIC Technologies LTD
Highlights of The SiC & GaN 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:
- GaN
- SiC
- By Application:
- Consumer Electronics
- Automotive & Transportation
- Industrial Use
- 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 & GaN 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 and GaN power devices are semiconductor devices that use the principles of quantum wells and gallium nitride. These materials allow for efficient conversion of electrical energy into heat, which is then used to produce mechanical or electrical power. SiC and GaN power devices are often used in high-power applications, such as solar cells, lasers, and electric vehicles.
Some of the key players operating in the sic & gan power devices market are Infineon, Rohm, Mitsubishi, STMicro, Fuji, Toshiba, Microchip Technology, United Silicon Carbide Inc., GeneSic, Efficient Power Conversion (EPC), GaN Systems, VisIC Technologies LTD.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. SiC & GaN Power Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. SiC & GaN Power Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. SiC & GaN Power Devices Market - Supply Chain
4.5. Global SiC & GaN Power Devices Market Forecast
4.5.1. SiC & GaN Power Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. SiC & GaN Power Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. SiC & GaN Power Devices Market Absolute $ Opportunity
5. Global SiC & GaN Power Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. SiC & GaN Power Devices Market Size and Volume Forecast by Type
5.3.1. GaN
5.3.2. SiC
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global SiC & GaN Power Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. SiC & GaN Power Devices Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Automotive & Transportation
6.3.3. Industrial Use
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global SiC & GaN Power Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. SiC & GaN Power Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global SiC & GaN Power Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. SiC & GaN Power Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global SiC & GaN Power Devices Demand Share Forecast, 2019-2026
9. North America SiC & GaN Power Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America SiC & GaN Power Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America SiC & GaN Power Devices Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Automotive & Transportation
9.4.3. Industrial Use
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America SiC & GaN Power Devices Market Size and Volume Forecast by Type
9.7.1. GaN
9.7.2. SiC
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America SiC & GaN Power Devices Demand Share Forecast, 2019-2026
10. Latin America SiC & GaN Power Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America SiC & GaN Power Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America SiC & GaN Power Devices Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Automotive & Transportation
10.4.3. Industrial Use
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America SiC & GaN Power Devices Market Size and Volume Forecast by Type
10.7.1. GaN
10.7.2. SiC
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America SiC & GaN Power Devices Demand Share Forecast, 2019-2026
11. Europe SiC & GaN Power Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe SiC & GaN Power Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe SiC & GaN Power Devices Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Automotive & Transportation
11.4.3. Industrial Use
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe SiC & GaN Power Devices Market Size and Volume Forecast by Type
11.7.1. GaN
11.7.2. SiC
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-YGrowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe SiC & GaN Power Devices Demand Share, 2019-2026
12. Asia Pacific SiC & GaN Power Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific SiC & GaN Power Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific SiC & GaN Power Devices Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Automotive & Transportation
12.4.3. Industrial Use
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific SiC & GaN Power Devices Market Size and Volume Forecast by Type
12.7.1. GaN
12.7.2. SiC
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific SiC & GaN Power Devices Demand Share, 2019-2026
13. Middle East & Africa SiC & GaN Power Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa SiC & GaN Power Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa SiC & GaN Power Devices Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Automotive & Transportation
13.4.3. Industrial Use
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa SiC & GaN Power Devices Market Size and Volume Forecast by Type
13.7.1. GaN
13.7.2. SiC
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa SiC & GaN Power Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global SiC & GaN Power Devices Market: Market Share Analysis
14.2. SiC & GaN Power Devices Distributors and Customers
14.3. SiC & GaN Power Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Infineon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rohm
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsubishi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. STMicro
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fuji
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toshiba
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Microchip Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. United Silicon Carbide Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GeneSic
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Efficient Power Conversion (EPC)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GaN Systems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. VisIC Technologies LTD
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook