Market Overview:
The global wide band gap 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 wide band gap semiconductors in various applications, such as aerospace & defense, IT & consumers, energy & utility, and others. In addition, the growing demand for high-efficiency and low-power consumption devices is also contributing to the growth of this market. Some of the major players operating in this market are Cree Inc. (US), Infineon Technologies AG (Germany), Renesas Electronics Corporation (Japan), STMicroelectronics N.V. (Switzerland), Texas Instruments Incorporated (US), and United Microelectronics Corporation Ltd.(Taiwan).
Product Definition:
A wide band gap semiconductor is a material that has a much wider energygap between its conduction and valence bands than traditional semiconductors like silicon. This wider energygap allows the material to conduct electricity more efficiently at high temperatures, making it ideal for use in power electronics applications. Wide band gap semiconductors are also relatively unaffected by radiation, making them suitable for use in radiation-hardened electronics systems.
Silicon Carbide (SiC) Material:
Silicon carbide (SiC) material is a form of silicon nitride. It has superior properties such as high thermal conductivity, low heat expansion coefficient and high-temperature strength. Silicon carbide is used in applications where the material needs to be resistant to heat or oxidation or both.
Gallium Nitride (GaN) Material:
GaN is a material that has high electrical and thermal conductivity with low energy loss. It is mainly used in power devices such as GaN radio frequency (RF) sources, GaN power devices, and GaN-on-Si substrates. The growing demand for RF components in wireless communication industry along with the increasing adoption of RFID technology are expected to drive the global market over the forecast period.
Application Insights:
The application segment includes aerospace & defense, IT & consumers, energy & utility, and others. The aerospace and defense sector dominated the market in terms of revenue in 2017. This is attributed to the increasing demand for wide bandgap semiconductors from this industry. Furthermore, these products are used as components in various systems such as radars and lasers owing to their superior characteristics over conventional electronic devices.
The consumer electronics segment is expected to witness significant growth over the forecast period due to rising demand for high technology products across the globe.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth of this region is attributed to increasing demand for electronic products, such as mobile phones, laptops, personal computers (PC), consumer electronics, etc. Also, rising investments in the development of aerospace & defense sector by China and Japan are anticipated to fuel product demand in Asia Pacific region.
The presence of a large number of semiconductor manufacturers in Taiwan has fueled product exports from Asia Pacific region. In addition, growing production facilities for display monitors and other electronic products in South Korea has led to an increase in consumption levels across this region over the past few years.
Growth Factors:
- Increasing demand for energy-efficient and high-performance electronics
- Rising demand from the automotive sector
- Growing adoption of wide band gap semiconductors in data centers
- Proliferation of Internet of Things (IoT) devices
- Emergence of new applications for wide band gap semiconductors
Scope Of The Report
Report Attributes
Report Details
Report Title
Wide Band Gap Semiconductor Market Research Report
By Type
Silicon Carbide (SiC) Material, Gallium Nitride (GaN) Material, Diamond Material, Others
By Application
Aerospace & Defense, IT & Consumers, Energy & Utility, Others
By Companies
Cree, GeneSiC Semiconductor, Infineon Technologies, Panasonic Corporation, ON Semiconductor, ROHM Semiconductor, Semelab / TT electronics, STMicroelectronics, TriQuint Semiconductor, Avago Technologies, OSRAM Opto Semiconductors
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Wide Band Gap Semiconductor Market Report Segments:
The global Wide Band Gap Semiconductor market is segmented on the basis of:
Types
Silicon Carbide (SiC) Material, Gallium Nitride (GaN) Material, Diamond Material, 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
Aerospace & Defense, IT & Consumers, Energy & Utility, 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:
- Cree
- GeneSiC Semiconductor
- Infineon Technologies
- Panasonic Corporation
- ON Semiconductor
- ROHM Semiconductor
- Semelab / TT electronics
- STMicroelectronics
- TriQuint Semiconductor
- Avago Technologies
- OSRAM Opto Semiconductors
Highlights of The Wide Band Gap 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) Material
- Gallium Nitride (GaN) Material
- Diamond Material
- Others
- By Application:
- Aerospace & Defense
- IT & Consumers
- Energy & Utility
- 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 Wide Band Gap 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?
Wide band gap semiconductor is a type of semiconductor material that has a relatively large bandgap energy, which makes it an excellent candidate for solar cells and other optoelectronic devices.
Some of the major companies in the wide band gap semiconductor market are Cree, GeneSiC Semiconductor, Infineon Technologies, Panasonic Corporation, ON Semiconductor, ROHM Semiconductor, Semelab / TT electronics, STMicroelectronics, TriQuint Semiconductor, Avago Technologies, OSRAM Opto Semiconductors.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wide Band Gap 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. Wide Band Gap Semiconductor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wide Band Gap Semiconductor Market - Supply Chain
4.5. Global Wide Band Gap Semiconductor Market Forecast
4.5.1. Wide Band Gap Semiconductor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wide Band Gap Semiconductor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wide Band Gap Semiconductor Market Absolute $ Opportunity
5. Global Wide Band Gap 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. Wide Band Gap Semiconductor Market Size and Volume Forecast by Type
5.3.1. Silicon Carbide (SiC) Material
5.3.2. Gallium Nitride (GaN) Material
5.3.3. Diamond Material
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wide Band Gap 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. Wide Band Gap Semiconductor Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. IT & Consumers
6.3.3. Energy & Utility
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wide Band Gap 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. Wide Band Gap 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 Wide Band Gap 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. Wide Band Gap 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 Wide Band Gap Semiconductor Demand Share Forecast, 2019-2026
9. North America Wide Band Gap 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 Wide Band Gap 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 Wide Band Gap Semiconductor Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. IT & Consumers
9.4.3. Energy & Utility
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 Wide Band Gap Semiconductor Market Size and Volume Forecast by Type
9.7.1. Silicon Carbide (SiC) Material
9.7.2. Gallium Nitride (GaN) Material
9.7.3. Diamond Material
9.7.4. Others
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 Wide Band Gap Semiconductor Demand Share Forecast, 2019-2026
10. Latin America Wide Band Gap 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 Wide Band Gap 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 Wide Band Gap Semiconductor Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. IT & Consumers
10.4.3. Energy & Utility
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 Wide Band Gap Semiconductor Market Size and Volume Forecast by Type
10.7.1. Silicon Carbide (SiC) Material
10.7.2. Gallium Nitride (GaN) Material
10.7.3. Diamond Material
10.7.4. Others
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 Wide Band Gap Semiconductor Demand Share Forecast, 2019-2026
11. Europe Wide Band Gap 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 Wide Band Gap 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 Wide Band Gap Semiconductor Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. IT & Consumers
11.4.3. Energy & Utility
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 Wide Band Gap Semiconductor Market Size and Volume Forecast by Type
11.7.1. Silicon Carbide (SiC) Material
11.7.2. Gallium Nitride (GaN) Material
11.7.3. Diamond Material
11.7.4. Others
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 Wide Band Gap Semiconductor Demand Share, 2019-2026
12. Asia Pacific Wide Band Gap 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 Wide Band Gap 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 Wide Band Gap Semiconductor Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. IT & Consumers
12.4.3. Energy & Utility
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 Wide Band Gap Semiconductor Market Size and Volume Forecast by Type
12.7.1. Silicon Carbide (SiC) Material
12.7.2. Gallium Nitride (GaN) Material
12.7.3. Diamond Material
12.7.4. Others
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 Wide Band Gap Semiconductor Demand Share, 2019-2026
13. Middle East & Africa Wide Band Gap 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 Wide Band Gap 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 Wide Band Gap Semiconductor Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. IT & Consumers
13.4.3. Energy & Utility
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 Wide Band Gap Semiconductor Market Size and Volume Forecast by Type
13.7.1. Silicon Carbide (SiC) Material
13.7.2. Gallium Nitride (GaN) Material
13.7.3. Diamond Material
13.7.4. Others
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 Wide Band Gap Semiconductor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wide Band Gap Semiconductor Market: Market Share Analysis
14.2. Wide Band Gap Semiconductor Distributors and Customers
14.3. Wide Band Gap Semiconductor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cree
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GeneSiC Semiconductor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Infineon Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Panasonic Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ON Semiconductor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ROHM Semiconductor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Semelab / TT electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. STMicroelectronics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TriQuint Semiconductor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Avago Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OSRAM Opto Semiconductors
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
14.4.20.4. Strategic Outlook
