Market Overview:
The global wide bandgap semiconductor 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 wide bandgap semiconductors in various applications, such as automobiles and transportation, aerospace and national defense, information technology (IT) and communications, consumer electronics, energy and utilities, among others. In addition, the growing demand for high-power density devices is also fueling the growth of this market.
Product Definition:
Wide bandgap semiconductors are materials that have a much wider energy gap between the valence and conduction bands than traditional silicon-based semiconductors. This wide energy gap results in a much higher electron velocity, which leads to faster switching speeds, smaller dimensions, and improved thermal performance. Wide bandgap semiconductors are used in a variety of applications, including power electronics, high-voltage transistors, LEDs, lasers, and sensors.
Silicon Carbide (SiC) Substrate:
Silicon carbide substrate is a type of silicon nitride that has wide bandgap semiconductors grown upon it. The product is used in making substrates for growing high-bandwidth transistors and other devices having large bandwidth requirements. Silicon carbide substrate provides higher performance as compared to silicon wafers, which makes it suitable for manufacturing high-speed devices such as RF circuits, image sensors, etc.
Gallium Nitride (GaN) Substrate:
GaN substrate is a high-performance, hard material that has wide bandgap and excellent electrical properties. It is majorly used in the field of power devices such as GaN radio frequency (RF) source, RF switch, and microwave device. The growth of wireless communication industry has been driving the demand for RF devices which in turn drives the market for GaN substrate.
Application Insights:
The application segment of the global wide bandgap semiconductor market is categorized into automobile and transportation, aerospace and national defense, IT and communications, consumer electronics, energy and utilities, other. The automobile and transportation sector dominated the overall industry in terms of revenue share in 2017. This can be attributed to increasing demand for electric vehicles from developed as well as developing countries across the globe.
Aerospace has also been one of the fastest-growing segments over the recent past owing to growing concerns over air pollution caused due to greenhouse gasses resulting from human activities such as deforestation coupled with rising fuel costs among other factors driving aircraft efficiency improvements that ultimately results in a rise in demand for WBS devices worldwide. Furthermore, military applications are expected to witness lucrative growth on account of increasing defense expenditure globally which eventually benefits product demand worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, owing to the increasing demand for high performance and efficiency semiconductor devices. The presence of key electronic product manufacturers in China and Japan is also anticipated to drive the market growth over the forecast period.
The growing use of wide bandgap semiconductors in power electronics applications such as solar cells, battery charging stations, electric vehicles, etc., has led North America market growth. Moreover, their rising application in lighting solutions has further propelled regional growth over the past few years. Europe accounted for a significant share owing to their early adoption of advanced technologies such as LED lighting solutions and smart meters coupled with stringent government regulations regarding energy consumption habits among consumers are some factors driving this regional market’s development prospects forward.
Growth Factors:
- Increasing demand for energy-efficient and high-performance electronics
- Rising demand from the automotive sector
- Growing popularity of Wide Bandgap Semiconductors in data centers
- Proliferation of Internet of Things (IoT) devices
- Increasing investments in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Wide Bandgap Semiconductor Market Research Report
By Type
Silicon Carbide (SiC) Substrate, Gallium Nitride (GaN) Substrate, Diamond Substrate Substrate, Gallium Oxide Substrate, Aluminum Nitride (AIN) Substrate
By Application
Automobile and Transportation, Aerospace and National Defense, The IT and Communications, Consumer Electronics, Energy and Utilities, Other
By Companies
Mersen, Avogy, Fujitsu, GaN Systems, Cree, Efficient Power Conversion Corporation, Everlight Electronics, Toshiba Corporation, Renesas Electronics Corporation, NXP Semiconductors, Russian Fishery, Transphorm, ROHM Semiconductor, Texas Instruments, STMicroelectronics, Infineon Technologies, Microsemi Corporation, United Silicon Carbide, Exagan, Qorvo, Mitsubishi Electric
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Wide Bandgap Semiconductor Market Report Segments:
The global Wide Bandgap Semiconductor market is segmented on the basis of:
Types
Silicon Carbide (SiC) Substrate, Gallium Nitride (GaN) Substrate, Diamond Substrate Substrate, Gallium Oxide Substrate, Aluminum Nitride (AIN) Substrate
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
Automobile and Transportation, Aerospace and National Defense, The IT and Communications, Consumer Electronics, Energy and Utilities, Other
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:
- Mersen
- Avogy
- Fujitsu
- GaN Systems
- Cree
- Efficient Power Conversion Corporation
- Everlight Electronics
- Toshiba Corporation
- Renesas Electronics Corporation
- NXP Semiconductors
- Russian Fishery
- Transphorm
- ROHM Semiconductor
- Texas Instruments
- STMicroelectronics
- Infineon Technologies
- Microsemi Corporation
- United Silicon Carbide
- Exagan
- Qorvo
- Mitsubishi Electric
Highlights of The Wide Bandgap 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) Substrate
- Gallium Nitride (GaN) Substrate
- Diamond Substrate Substrate
- Gallium Oxide Substrate
- Aluminum Nitride (AIN) Substrate
- By Application:
- Automobile and Transportation
- Aerospace and National Defense
- The IT and Communications
- Consumer Electronics
- Energy and Utilities
- Other
- 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 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 bandgap semiconductor is a type of semiconductor material that has a large bandgap energy, meaning it can be easily switched between two different electrical states. This makes these materials ideal for use in solar cells and other electronic devices that need to switch quickly between different voltages or currents.
Some of the major companies in the wide bandgap semiconductor market are Mersen, Avogy, Fujitsu, GaN Systems, Cree, Efficient Power Conversion Corporation, Everlight Electronics, Toshiba Corporation, Renesas Electronics Corporation, NXP Semiconductors, Russian Fishery, Transphorm, ROHM Semiconductor, Texas Instruments, STMicroelectronics, Infineon Technologies, Microsemi Corporation, United Silicon Carbide, Exagan, Qorvo, Mitsubishi Electric.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wide Bandgap 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 Bandgap 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 Bandgap Semiconductor Market - Supply Chain
4.5. Global Wide Bandgap Semiconductor Market Forecast
4.5.1. Wide Bandgap Semiconductor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wide Bandgap Semiconductor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wide Bandgap Semiconductor Market Absolute $ Opportunity
5. Global Wide Bandgap 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 Bandgap Semiconductor Market Size and Volume Forecast by Type
5.3.1. Silicon Carbide (SiC) Substrate
5.3.2. Gallium Nitride (GaN) Substrate
5.3.3. Diamond Substrate Substrate
5.3.4. Gallium Oxide Substrate
5.3.5. Aluminum Nitride (AIN) Substrate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wide Bandgap 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 Bandgap Semiconductor Market Size and Volume Forecast by Application
6.3.1. Automobile and Transportation
6.3.2. Aerospace and National Defense
6.3.3. The IT and Communications
6.3.4. Consumer Electronics
6.3.5. Energy and Utilities
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wide Bandgap 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 Bandgap 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 Bandgap 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 Bandgap 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 Bandgap Semiconductor Demand Share Forecast, 2019-2026
9. North America Wide Bandgap 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 Bandgap 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 Bandgap Semiconductor Market Size and Volume Forecast by Application
9.4.1. Automobile and Transportation
9.4.2. Aerospace and National Defense
9.4.3. The IT and Communications
9.4.4. Consumer Electronics
9.4.5. Energy and Utilities
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wide Bandgap Semiconductor Market Size and Volume Forecast by Type
9.7.1. Silicon Carbide (SiC) Substrate
9.7.2. Gallium Nitride (GaN) Substrate
9.7.3. Diamond Substrate Substrate
9.7.4. Gallium Oxide Substrate
9.7.5. Aluminum Nitride (AIN) Substrate
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 Semiconductor Demand Share Forecast, 2019-2026
10. Latin America Wide Bandgap 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 Bandgap 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 Bandgap Semiconductor Market Size and Volume Forecast by Application
10.4.1. Automobile and Transportation
10.4.2. Aerospace and National Defense
10.4.3. The IT and Communications
10.4.4. Consumer Electronics
10.4.5. Energy and Utilities
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wide Bandgap Semiconductor Market Size and Volume Forecast by Type
10.7.1. Silicon Carbide (SiC) Substrate
10.7.2. Gallium Nitride (GaN) Substrate
10.7.3. Diamond Substrate Substrate
10.7.4. Gallium Oxide Substrate
10.7.5. Aluminum Nitride (AIN) Substrate
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 Semiconductor Demand Share Forecast, 2019-2026
11. Europe Wide Bandgap 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 Bandgap 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 Bandgap Semiconductor Market Size and Volume Forecast by Application
11.4.1. Automobile and Transportation
11.4.2. Aerospace and National Defense
11.4.3. The IT and Communications
11.4.4. Consumer Electronics
11.4.5. Energy and Utilities
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wide Bandgap Semiconductor Market Size and Volume Forecast by Type
11.7.1. Silicon Carbde (SiC) Substrate
11.7.2. Gallium Nitride (GaN) Substrate
11.7.3. Diamond Substrate Substrate
11.7.4. Gallium Oxide Substrate
11.7.5. Aluminum Nitride (AIN) Substrate
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 Semiconductor Demand Share, 2019-2026
12. Asia Pacific Wide Bandgap 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 Bandgap 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 Bandgap Semiconductor Market Size and Volume Forecast by Application
12.4.1. Automobile and Transportation
12.4.2. Aerospace and National Defense
12.4.3. The IT and Communications
12.4.4. Consumer Electronics
12.4.5. Energy and Utilities
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wide Bandgap Semiconductor Market Size and Volume Forecast by Type
12.7.1. Silicon Carbide (SiC) Substrate
12.7.2. Gallium Nitride (GaN) Substrate
12.7.3. Diamond Substrate Substrate
12.7.4. Gallium Oxide Substrate
12.7.5. Aluminum Nitride (AIN) Substrate
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 Semiconductor Demand Share, 2019-2026
13. Middle East & Africa Wide Bandgap 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 Bandgap 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 Bandgap Semiconductor Market Size and Volume Forecast by Application
13.4.1. Automobile and Transportation
13.4.2. Aerospace and National Defense
13.4.3. The IT and Communications
13.4.4. Consumer Electronics
13.4.5. Energy and Utilities
13.4.6. Other
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 Semiconductor Market Size and Volume Forecast by Type
13.7.1. Silicon Carbide (SiC) Substrate
13.7.2. Gallium Nitride (GaN) Substrate
13.7.3. Diamond Substrate Substrate
13.7.4. Gallium Oxide Substrate
13.7.5. Aluminum Nitride (AIN) Substrate
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 Semiconductor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wide Bandgap Semiconductor Market: Market Share Analysis
14.2. Wide Bandgap Semiconductor Distributors and Customers
14.3. Wide Bandgap Semiconductor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mersen
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Avogy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fujitsu
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GaN Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cree
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Efficient Power Conversion 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. Everlight 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. Toshiba Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Renesas Electronics Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NXP Semiconductors
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Russian Fishery
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Transphorm
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ROHM 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. Texas Instruments
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. STMicroelectronics
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Infineon Technologies
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Microsemi Corporation
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. United Silicon Carbide
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Exagan
14.4.19.1. Overview
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