Market Overview:
The global silicon carbide (SiC) semiconductor devices 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 SiC semiconductor devices in various applications, such as automotive & aerospace and defense, energy (including EV car, solar and smart grid), industrial & communication, and others (including consumer electronics, medical, etc.). However, the high cost of SiC semiconductor devices may restrain the market growth.
 Semiconductor Devices Industry Outlook.svg)
Product Definition:
Silicon Carbide (SiC) is a semiconductor material that has unique electrical and thermal properties. SiC devices are used in a variety of applications, including power electronics, high-temperature sensors, and microwave amplifiers.
SIC Diode:
The Silicon Carbide (SiC) semiconductor devices market is expected to witness significant growth over the forecast period owing to its high switching frequency and low power consumption as compared to silicon. SiC transistors exhibit a current gain of 20-30% as compared to corresponding silicon technology which results in increased performance.
SIC Transistor:
The Silicon Carbide (SiC) semiconductor devices market is expected to witness significant growth over the forecast period owing to increasing demand for high-performance and power devices. The silicon carbide semiconductor industry has been witnessing a steady increase in production capacity and technology innovation, which is projected to drive the SiC semiconductor device market over the next few years.
Application Insights:
The automotive & aerospace application segment led the market and accounted for more than a 38% share of the global revenue in 2017. The product is widely used in aircraft windshields, fuselage, doors, and other parts due to its high strength-to-weight ratio. It is also used as an alternative material to aluminum alloys in the manufacturing of aircraft components owing to its superior mechanical properties over aluminum alloys. Silicon carbide semiconductor devices are expected to witness significant demand from various end-use industries including automotive & aerospace during the forecast period due largely to their increasing use as active matrix display panels for advanced driver assistance systems (ADAS), infotainment systems, headlamps with LED technology, and lighting applications across various vehicle segments such as luxury cars/bikes/trucks and commercial vehicles.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to rising demand for power electronics in countries such as China, India, and Japan. In addition, increasing use of solar energy coupled with growing need for EV car is also expected to drive SiC devices market growth in this region. Europe accounted for a significant share of global Silicon Carbide (SiC) Semiconductor Devices Market by Type (SIC Diode, SIC Transistor, Others (SiC Modules Thyristors)) owing to high demand from automotive industry particularly from Germany and U.K.
Growth Factors:
- Increasing demand for energy-efficient and high-performance semiconductor devices
- Rising demand from the automotive industry
- Growing popularity of SiC semiconductor devices in power electronics applications
- Proliferation of next-generation data centers and Internet of Things (IoT) networks
- Technological advancements in SiC semiconductor device manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Carbide (SiC) Semiconductor Devices Market Research Report
By Type
SIC Diode, SIC Transistor, Others (SiC Modules,Thyristors, etc.)
By Application
Automotive & Aerospace and Defense, Energy (including EV Car, solar and smart grid), Industrial & Communication, Others (including consumer electronics, medical, etc.)
By Companies
STMicroelectronics, Cree(Wolfspeed), ROHM, Infineon Technologies, Microsemi Corporation, Toshiba Corporation, ON Semiconductor, ...
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Silicon Carbide (SiC) Semiconductor Devices Market Report Segments:
The global Silicon Carbide (SiC) Semiconductor Devices market is segmented on the basis of:
Types
SIC Diode, SIC Transistor, Others (SiC Modules,Thyristors, etc.)
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
Automotive & Aerospace and Defense, Energy (including EV Car, solar and smart grid), Industrial & Communication, Others (including consumer electronics, medical, etc.)
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:
- STMicroelectronics
- Cree(Wolfspeed)
- ROHM
- Infineon Technologies
- Microsemi Corporation
- Toshiba Corporation
- ON Semiconductor
- ...
 Semiconductor Devices Market Overview.svg)
Highlights of The Silicon Carbide (SiC) Semiconductor 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 Diode
- SIC Transistor
- Others (SiC Modules,Thyristors, etc.)
- By Application:
- Automotive & Aerospace and Defense
- Energy (including EV Car, solar and smart grid)
- Industrial & Communication
- Others (including consumer electronics, medical, etc.)
- 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 Silicon Carbide (SiC) Semiconductor 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
 Semiconductor Devices Market Statistics.svg)
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?
Silicon Carbide (SiC) semiconductor devices are made from a material that is similar to silicon, but with some important differences. SiC has a higher thermal conductivity than silicon, meaning it can dissipate heat more effectively. This makes SiC an attractive choice for applications where high performance is required, such as in solar cells and microprocessors.
Some of the major companies in the silicon carbide (sic) semiconductor devices market are STMicroelectronics, Cree(Wolfspeed), ROHM, Infineon Technologies, Microsemi Corporation, Toshiba Corporation, ON Semiconductor.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silicon Carbide (SiC) Semiconductor 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. Silicon Carbide (SiC) Semiconductor Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silicon Carbide (SiC) Semiconductor Devices Market - Supply Chain
4.5. Global Silicon Carbide (SiC) Semiconductor Devices Market Forecast
4.5.1. Silicon Carbide (SiC) Semiconductor Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silicon Carbide (SiC) Semiconductor Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silicon Carbide (SiC) Semiconductor Devices Market Absolute $ Opportunity
5. Global Silicon Carbide (SiC) Semiconductor 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. Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Type
5.3.1. SIC Diode
5.3.2. SIC Transistor
5.3.3. Others (SiC Modules,Thyristors, etc.)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silicon Carbide (SiC) Semiconductor 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. Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Application
6.3.1. Automotive & Aerospace and Defense
6.3.2. Energy (including EV Car, solar and smart grid)
6.3.3. Industrial & Communication
6.3.4. Others (including consumer electronics, medical, etc.)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silicon Carbide (SiC) Semiconductor 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. Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor 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. Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor Devices Demand Share Forecast, 2019-2029
9. North America Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Application
9.4.1. Automotive & Aerospace and Defense
9.4.2. Energy (including EV Car, solar and smart grid)
9.4.3. Industrial & Communication
9.4.4. Others (including consumer electronics, medical, etc.)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Type
9.7.1. SIC Diode
9.7.2. SIC Transistor
9.7.3. Others (SiC Modules,Thyristors, etc.)
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 Silicon Carbide (SiC) Semiconductor Devices Demand Share Forecast, 2019-2029
10. Latin America Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Application
10.4.1. Automotive & Aerospace and Defense
10.4.2. Energy (including EV Car, solar and smart grid)
10.4.3. Industrial & Communication
10.4.4. Others (including consumer electronics, medical, etc.)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Type
10.7.1. SIC Diode
10.7.2. SIC Transistor
10.7.3. Others (SiC Modules,Thyristors, etc.)
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 Silicon Carbide (SiC) Semiconductor Devices Demand Share Forecast, 2019-2029
11. Europe Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Application
11.4.1. Automotive & Aerospace and Defense
11.4.2. Energy (including EV Car, solar and smart grid)
11.4.3. Industrial & Communication
11.4.4. Others (including consumer electronics, medical, etc.)
11.5. Basis Point Share (BPS) Analysis by Appliction
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Type
11.7.1. SIC Diode
11.7.2. SIC Transistor
11.7.3. Others (SiC Modules,Thyristors, etc.)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth 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 Silicon Carbide (SiC) Semiconductor Devices Demand Share, 2019-2029
12. Asia Pacific Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Application
12.4.1. Automotive & Aerospace and Defense
12.4.2. Energy (including EV Car, solar and smart grid)
12.4.3. Industrial & Communication
12.4.4. Others (including consumer electronics, medical, etc.)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Type
12.7.1. SIC Diode
12.7.2. SIC Transistor
12.7.3. Others (SiC Modules,Thyristors, etc.)
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 Silicon Carbide (SiC) Semiconductor Devices Demand Share, 2019-2029
13. Middle East & Africa Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor 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 Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Application
13.4.1. Automotive & Aerospace and Defense
13.4.2. Energy (including EV Car, solar and smart grid)
13.4.3. Industrial & Communication
13.4.4. Others (including consumer electronics, medical, etc.)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Silicon Carbide (SiC) Semiconductor Devices Market Size and Volume Forecast by Type
13.7.1. SIC Diode
13.7.2. SIC Transistor
13.7.3. Others (SiC Modules,Thyristors, etc.)
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 Silicon Carbide (SiC) Semiconductor Devices Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Silicon Carbide (SiC) Semiconductor Devices Market: Market Share Analysis
14.2. Silicon Carbide (SiC) Semiconductor Devices Distributors and Customers
14.3. Silicon Carbide (SiC) Semiconductor Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. STMicroelectronics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cree(Wolfspeed)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ROHM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Infineon Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Microsemi Corporation
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 Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ON Semiconductor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ...
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
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