The global silicon carbide (SiC) semiconductor market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for SiC semiconductors in various applications such as automotive, aerospace and defense, computers, consumer electronics, industrial, healthcare and power sector. The increasing demand for SiC semiconductors in these applications is due to their high efficiency and reliability which makes them suitable for use in harsh environments.
The global silicon carbide (SiC) semiconductor market has been segmented on the basis of type into SIC power semiconductors and SIC power semiconductor devices; on the basis of application into automotive, aerospace and defense, computers, consumer electronics industrial healthcare and power sector; by region into North America Latin America Europe Asia Pacific Middle East & Africa; by country into US, China Japan South Korea Taiwan India Germany France Italy Spain U.K.; by end-user industry into automotive industry aerospace & defense industry computer industry consumer electronics industry industrial sector healthcare sector power sector solar energy system; by geography into North America Latin America Europe Asia Pacific Middle East & Africa.
Some Of The Growth Factors Of This Market:
- Silicon carbide semiconductors are used in power electronics, high-power RF devices, and microwave devices.
- The silicon carbide semiconductor market is driven by the increasing demand for power electronics and high-power RF devices in the automotive industry, which is expected to drive the growth of this market during the forecast period.
- The silicon carbide semiconductor market faces competition from other materials such as gallium nitride (GaN) and gallium arsenide (GaAs).
- Silicon carbide semiconductors are more expensive than GaN or GaAs due to their higher production cost.
Industry Growth Insights published a new data on “Silicon Carbide (SiC) Semiconductor Market”. The research report is titled “Silicon Carbide (SiC) Semiconductor Market research by Types (SIC Power Semiconductors, SIC Power Semiconductor Devices, SIC Power Diode Nodes), By Applications (Automotive, Aerospace and Defense, Computers, Consumer Electronics, Industrial, Healthcare, Power Sector, Solar), By Players/Companies Cree Incorporated, Fairchild Semiconductor International Inc, Genesic Semiconductor Inc, Infineon Technologies Ag, Microsemi Corporation, Norstel AB, Renesas Electronics Corporation, ROHM Co Ltd, STMicroelectronics N.V, Toshiba Corporation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Carbide (SiC) Semiconductor Market Research Report
By Type
SIC Power Semiconductors, SIC Power Semiconductor Devices, SIC Power Diode Nodes
By Application
Automotive, Aerospace and Defense, Computers, Consumer Electronics, Industrial, Healthcare, Power Sector, Solar
By Companies
Cree Incorporated, Fairchild Semiconductor International Inc, Genesic Semiconductor Inc, Infineon Technologies Ag, Microsemi Corporation, Norstel AB, Renesas Electronics Corporation, ROHM Co Ltd, STMicroelectronics N.V, Toshiba Corporation
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.
 Semiconductor Industry Outlook.svg)
Global Silicon Carbide (SiC) Semiconductor Market Report Segments:
The global Silicon Carbide (SiC) Semiconductor market is segmented on the basis of:
Types
SIC Power Semiconductors, SIC Power Semiconductor Devices, SIC Power Diode Nodes
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, Computers, Consumer Electronics, Industrial, Healthcare, Power Sector, Solar
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:
- Cree Incorporated
- Fairchild Semiconductor International Inc
- Genesic Semiconductor Inc
- Infineon Technologies Ag
- Microsemi Corporation
- Norstel AB
- Renesas Electronics Corporation
- ROHM Co Ltd
- STMicroelectronics N.V
- Toshiba Corporation
 Semiconductor Market Overview.svg)
Highlights of The Silicon Carbide (SiC) 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:
- SIC Power Semiconductors
- SIC Power Semiconductor Devices
- SIC Power Diode Nodes
- By Application:
- Automotive
- Aerospace and Defense
- Computers
- Consumer Electronics
- Industrial
- Healthcare
- Power Sector
- Solar
- 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 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 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 is a semiconductor material that has the ability to switch between two different states, or "electrons." This makes Silicon Carbide an excellent choice for creating electronic devices and circuits.
Some of the major companies in the silicon carbide (sic) semiconductor market are Cree Incorporated, Fairchild Semiconductor International Inc, Genesic Semiconductor Inc, Infineon Technologies Ag, Microsemi Corporation, Norstel AB, Renesas Electronics Corporation, ROHM Co Ltd, STMicroelectronics N.V, Toshiba Corporation.
The silicon carbide (sic) semiconductor market is expected to register a CAGR of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silicon Carbide (SiC) Semiconductor 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 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 Market - Supply Chain
4.5. Global Silicon Carbide (SiC) Semiconductor Market Forecast
4.5.1. Silicon Carbide (SiC) Semiconductor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silicon Carbide (SiC) Semiconductor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silicon Carbide (SiC) Semiconductor Market Absolute $ Opportunity
5. Global Silicon Carbide (SiC) Semiconductor 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 Market Size and Volume Forecast by Type
5.3.1. SIC Power Semiconductors
5.3.2. SIC Power Semiconductor Devices
5.3.3. SIC Power Diode Nodes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silicon Carbide (SiC) Semiconductor 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 Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace and Defense
6.3.3. Computers
6.3.4. Consumer Electronics
6.3.5. Industrial
6.3.6. Healthcare
6.3.7. Power Sector
6.3.8. Solar
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silicon Carbide (SiC) Semiconductor 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 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 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 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 Demand Share Forecast, 2019-2029
9. North America Silicon Carbide (SiC) Semiconductor 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 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 Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace and Defense
9.4.3. Computers
9.4.4. Consumer Electronics
9.4.5. Industrial
9.4.6. Healthcare
9.4.7. Power Sector
9.4.8. Solar
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 Market Size and Volume Forecast by Type
9.7.1. SIC Power Semiconductors
9.7.2. SIC Power Semiconductor Devices
9.7.3. SIC Power Diode Nodes
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 Demand Share Forecast, 2019-2029
10. Latin America Silicon Carbide (SiC) Semiconductor 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 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 Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace and Defense
10.4.3. Computers
10.4.4. Consumer Electronics
10.4.5. Industrial
10.4.6. Healthcare
10.4.7. Power Sector
10.4.8. Solar
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 Market Size and Volume Forecast by Type
10.7.1. SIC Power Semiconductors
10.7.2. SIC Power Semiconductor Devices
10.7.3. SIC Power Diode Nodes
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 Demand Share Forecast, 2019-2029
11. Europe Silicon Carbide (SiC) Semiconductor 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 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 Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace and Defense
11.4.3. Computers
11.4.4. Consumer Electronics
11.4.5. Industrial
11.4.6. Healthcare
11.4.7. Power Sector
11.4.8. Solar
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silicon Carbide (SiC) Semiconductor arket Size and Volume Forecast by Type
11.7.1. SIC Power Semiconductors
11.7.2. SIC Power Semiconductor Devices
11.7.3. SIC Power Diode Nodes
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 Demand Share, 2019-2029
12. Asia Pacific Silicon Carbide (SiC) Semiconductor 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 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 Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace and Defense
12.4.3. Computers
12.4.4. Consumer Electronics
12.4.5. Industrial
12.4.6. Healthcare
12.4.7. Power Sector
12.4.8. Solar
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 Market Size and Volume Forecast by Type
12.7.1. SIC Power Semiconductors
12.7.2. SIC Power Semiconductor Devices
12.7.3. SIC Power Diode Nodes
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 Demand Share, 2019-2029
13. Middle East & Africa Silicon Carbide (SiC) Semiconductor 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 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 Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace and Defense
13.4.3. Computers
13.4.4. Consumer Electronics
13.4.5. Industrial
13.4.6. Healthcare
13.4.7. Power Sector
13.4.8. Solar
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 Market Size and Volume Forecast by Type
13.7.1. SIC Power Semiconductors
13.7.2. SIC Power Semiconductor Devices
13.7.3. SIC Power Diode Nodes
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 Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Silicon Carbide (SiC) Semiconductor Market: Market Share Analysis
14.2. Silicon Carbide (SiC) Semiconductor Distributors and Customers
14.3. Silicon Carbide (SiC) Semiconductor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cree Incorporated
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fairchild Semiconductor International Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Genesic Semiconductor Inc
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 Ag
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. Norstel AB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Renesas Electronics Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ROHM Co Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. STMicroelectronics N.V
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Toshiba Corporation
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. C
