The global WBG power semiconductor devices 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 renewable energy and electric vehicles. The increasing demand for renewable energy is due to the need for sustainable sources of energy that are not dependent on fossil fuels, which are finite resources and contribute significantly towards climate change. Electric vehicles have been gaining popularity in recent years due to their low maintenance costs and zero emissions, which makes them environmentally friendly as well as cost-effective in comparison with conventional fuel-powered vehicles.
Some Of The Growth Factors Of This Market:
- The WBG power semiconductor devices market is driven by the increasing demand for energy efficient and environmentally friendly products, which are driving the adoption of WBG power semiconductor devices in various applications such as industrial, automotive, and consumer electronics.
- The WBG power semiconductor devices market is also driven by the increasing demand for high-voltage and high-power products in various applications such as industrial, automotive, and consumer electronics due to their ability to withstand higher voltage levels without degradation or failure.
- Increasing investments in research & development activities related to WBG power semiconductors are also driving the growth of this market during the forecast period.
- Increasing awareness about environmental issues among consumers has led them towards adopting more energy efficient products that use less electricity.
Industry Growth Insights published a new data on “Wide-Bandgap (WBG) Power Semiconductor Devices Market”. The research report is titled “Wide-Bandgap (WBG) Power Semiconductor Devices Market research by Types (Diamond Substrate, Silicon Carbide (SIC), Zinc Oxide, Gallium Nitride (GAN), Others), By Applications (Renewable Energy, Automotive, Uninterruptible Power Supply, Industrial Motor Drives, Others), By Players/Companies Qorvo, STMicroelectronics, ROHM SEMICONDUCTOR, United Silicon Carbide, GaN Systems, Transphorm, Cree, Infineon Technologies, Ceramicforum, KEMET, Keysight Technologies, AKHAN Semiconductor, Alpha & Omega Semiconductor, Reedholm Systems”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wide-Bandgap (WBG) Power Semiconductor Devices Market Research Report
By Type
Diamond Substrate, Silicon Carbide (SIC), Zinc Oxide, Gallium Nitride (GAN), Others
By Application
Renewable Energy, Automotive, Uninterruptible Power Supply, Industrial Motor Drives, Others
By Companies
Qorvo, STMicroelectronics, ROHM SEMICONDUCTOR, United Silicon Carbide, GaN Systems, Transphorm, Cree, Infineon Technologies, Ceramicforum, KEMET, Keysight Technologies, AKHAN Semiconductor, Alpha & Omega Semiconductor, Reedholm Systems
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
 Power Semiconductor Devices Industry Outlook.svg)
Global Wide-Bandgap (WBG) Power Semiconductor Devices Market Report Segments:
The global Wide-Bandgap (WBG) Power Semiconductor Devices market is segmented on the basis of:
Types
Diamond Substrate, Silicon Carbide (SIC), Zinc Oxide, Gallium Nitride (GAN), 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
Renewable Energy, Automotive, Uninterruptible Power Supply, Industrial Motor Drives, 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:
- Qorvo
- STMicroelectronics
- ROHM SEMICONDUCTOR
- United Silicon Carbide
- GaN Systems
- Transphorm
- Cree
- Infineon Technologies
- Ceramicforum
- KEMET
- Keysight Technologies
- AKHAN Semiconductor
- Alpha & Omega Semiconductor
- Reedholm Systems
 Power Semiconductor Devices Market Overview.svg)
Highlights of The Wide-Bandgap (WBG) Power 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:
- Diamond Substrate
- Silicon Carbide (SIC)
- Zinc Oxide
- Gallium Nitride (GAN)
- Others
- By Application:
- Renewable Energy
- Automotive
- Uninterruptible Power Supply
- Industrial Motor Drives
- 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-Bandgap (WBG) Power 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
 Power 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?
Wide-bandgap power semiconductor devices are those that have a bandgap wider than the typical silicon-germanium (SiGe) and gallium arsenide (GaAs) bands. This allows for more efficient use of energy in these devices, as well as increased performance.
Some of the major players in the wide-bandgap (wbg) power semiconductor devices market are Qorvo, STMicroelectronics, ROHM SEMICONDUCTOR, United Silicon Carbide, GaN Systems, Transphorm, Cree, Infineon Technologies, Ceramicforum, KEMET, Keysight Technologies, AKHAN Semiconductor, Alpha & Omega Semiconductor, Reedholm Systems.
The wide-bandgap (wbg) power semiconductor devices market is expected to grow at a compound annual growth rate of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wide-Bandgap (WBG) Power 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. Wide-Bandgap (WBG) Power 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. Wide-Bandgap (WBG) Power Semiconductor Devices Market - Supply Chain
4.5. Global Wide-Bandgap (WBG) Power Semiconductor Devices Market Forecast
4.5.1. Wide-Bandgap (WBG) Power Semiconductor Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wide-Bandgap (WBG) Power Semiconductor Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wide-Bandgap (WBG) Power Semiconductor Devices Market Absolute $ Opportunity
5. Global Wide-Bandgap (WBG) Power 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. Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Type
5.3.1. Diamond Substrate
5.3.2. Silicon Carbide (SIC)
5.3.3. Zinc Oxide
5.3.4. Gallium Nitride (GAN)
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wide-Bandgap (WBG) Power 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. Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Application
6.3.1. Renewable Energy
6.3.2. Automotive
6.3.3. Uninterruptible Power Supply
6.3.4. Industrial Motor Drives
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wide-Bandgap (WBG) Power 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. Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power 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. Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power Semiconductor Devices Demand Share Forecast, 2019-2026
9. North America Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Application
9.4.1. Renewable Energy
9.4.2. Automotive
9.4.3. Uninterruptible Power Supply
9.4.4. Industrial Motor Drives
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Type
9.7.1. Diamond Substrate
9.7.2. Silicon Carbide (SIC)
9.7.3. Zinc Oxide
9.7.4. Gallium Nitride (GAN)
9.7.5. 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-Bandgap (WBG) Power Semiconductor Devices Demand Share Forecast, 2019-2026
10. Latin America Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Application
10.4.1. Renewable Energy
10.4.2. Automotive
10.4.3. Uninterruptible Power Supply
10.4.4. Industrial Motor Drives
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Type
10.7.1. Diamond Substrate
10.7.2. Silicon Carbide (SIC)
10.7.3. Zinc Oxide
10.7.4. Gallium Nitride (GAN)
10.7.5. 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-Bandgap (WBG) Power Semiconductor Devices Demand Share Forecast, 2019-2026
11. Europe Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Application
11.4.1. Renewable Energy
11.4.2. Automotive
11.4.3. Uninterruptible Power Supply
11.4.4. Industrial Motor Drives
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7 Europe Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Type
11.7.1. Diamond Substrate
11.7.2. Silicon Carbide (SIC)
11.7.3. Zinc Oxide
11.7.4. Gallium Nitride (GAN)
11.7.5. 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-Bandgap (WBG) Power Semiconductor Devices Demand Share, 2019-2026
12. Asia Pacific Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Application
12.4.1. Renewable Energy
12.4.2. Automotive
12.4.3. Uninterruptible Power Supply
12.4.4. Industrial Motor Drives
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Type
12.7.1. Diamond Substrate
12.7.2. Silicon Carbide (SIC)
12.7.3. Zinc Oxide
12.7.4. Gallium Nitride (GAN)
12.7.5. 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-Bandgap (WBG) Power Semiconductor Devices Demand Share, 2019-2026
13. Middle East & Africa Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power 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 Wide-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Application
13.4.1. Renewable Energy
13.4.2. Automotive
13.4.3. Uninterruptible Power Supply
13.4.4. Industrial Motor Drives
13.4.5. 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-Bandgap (WBG) Power Semiconductor Devices Market Size and Volume Forecast by Type
13.7.1. Diamond Substrate
13.7.2. Silicon Carbide (SIC)
13.7.3. Zinc Oxide
13.7.4. Gallium Nitride (GAN)
13.7.5. 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-Bandgap (WBG) Power Semiconductor Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wide-Bandgap (WBG) Power Semiconductor Devices Market: Market Share Analysis
14.2. Wide-Bandgap (WBG) Power Semiconductor Devices Distributors and Customers
14.3. Wide-Bandgap (WBG) Power Semiconductor Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Qorvo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. STMicroelectronics
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 SEMICONDUCTOR
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. United Silicon Carbide
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GaN Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Transphorm
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cree
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Infineon Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ceramicforum
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. KEMET
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Keysight Technologies
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. AKHAN Semiconductor
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Alpha & Omega Semiconductor
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Reedholm Systems
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
&nbs
