SiC Based Power Electronic Market

The global SiC Based Power Electronic market was valued at 3845 million in 2024 and is projected to reach US$ 13630 million by 2032, at a CAGR of 20.3% during the forecast period.
SiC Based Power Electronic Market studies SiC Based Power Electronic, including SiC MOSFET Module, SiC MOSFET Discrete and SiC diode.
Silicon carbide MOSFETs have the characteristics of low on-resistance and small switching losses, which can reduce device losses and improve system efficiency, and are more suitable for high-frequency circuits. It is widely used in the fields of new energy vehicle motor controller, vehicle power supply, solar inverter, charging pile, UPS, PFC power supply and other fields.
A silicon carbide (SiC) schottky diode is a semiconductor diode formed by the junction of a semiconductor with a metal. SiC Schottky barrier diodes have a much lower reverse leakage current than their Si counterparts and also a higher forward voltage. They significantly reduce losses and can therefore be used to increase system efficiency and reduce product size.
Automotive is the largest market of silicon carbide (SiC) power devices, driven by demand from China, UAS, EU, and Japan. China is one of the world�s largest automotive markets, and its growth potential remains high. In particular, high rates of growth for electric-powered vehicles make China one of the largest markets for electromobility.
Global new energy vehicles continue to grow rapidly. In 2023, the total sales of new energy vehicles in the world reached 14.65 million, a simultaneous increase of 35.4%. Among them, China's new energy vehicle sales reached 9.495 million, accounting for 64.8% of global sales. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. In 2023, the sales of new energy vehicles in the United States and Europe were 2.94 million and 1.46 million respectively, with year-on-year growth rates of 18.3% and 48.0% respectively.
We havesurveyed the SiC Based Power Electronic manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks
SiC Based Power Electronic Market aims to provide a comprehensive presentation of the global market for SiC Based Power Electronic, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SiC Based Power Electronic. SiC Based Power Electronic Market contains market size and forecasts of SiC Based Power Electronic in global, including the following market information:
Global SiC Based Power Electronic market revenue, 2020-2025, 2026-2032, ($ millions)
Global SiC Based Power Electronic market sales, 2020-2025, 2026-2032, (K Units)
Global top five SiC Based Power Electronic companies in 2024 (%)
Total Market by Segment:
Global SiC Based Power Electronic market, by Type, 2020-2025, 2026-2032 ($ millions) & (K Units)
Global SiC Based Power Electronic market segment percentages, by Type, 2024 (%)
SiC MOSFET Modules
SiC MOSFET Discrete
SiC SBD
Others (SiC JFETs & FETs)
Global SiC Based Power Electronic market, by Application, 2020-2025, 2026-2032 ($ Millions) & (K Units)
Global SiC Based Power Electronic market segment percentages, by Application, 2024 (%)
Automotive & EV/HEV
EV Charging
Industrial Motor/Drive
PV, Energy Storage, Wind Power
UPS, Data Center & Server
Rail Transport
Others
Global SiC Based Power Electronic market, by region and country, 2020-2025, 2026-2032 ($ millions) & (K Units)
Global SiC Based Power Electronic market segment percentages, by region and country, 2024 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies SiC Based Power Electronic revenues in global market, 2020-2025 (estimated), ($ millions)
Key companies SiC Based Power Electronic revenues share in global market, 2024 (%)
Key companies SiC Based Power Electronic sales in global market, 2020-2025 (estimated), (K Units)
Key companies SiC Based Power Electronic sales share in global market, 2024 (%)
Further, the report presents profiles of competitors in the market, key players include:
STMicroelectronics
Infineon
Wolfspeed
Rohm
onsemi
BYD Semiconductor
Microchip (Microsemi)
Mitsubishi Electric (Vincotech)
Semikron Danfoss
Fuji Electric
Navitas (GeneSiC)
Toshiba
Qorvo (UnitedSiC)
San'an Optoelectronics
Littelfuse (IXYS)
CETC 55
WeEn Semiconductors
BASiC Semiconductor
SemiQ
Diodes Incorporated
SanRex
Alpha & Omega Semiconductor
Bosch
KEC Corporation
PANJIT Group
Nexperia
Vishay Intertechnology
Zhuzhou CRRC Times Electric
China Resources Microelectronics Limited
StarPower
Yangzhou Yangjie Electronic Technology
Guangdong AccoPower Semiconductor
Changzhou Galaxy Century Microelectronics
Hangzhou Silan Microelectronics
Cissoid
SK powertech
InventChip Technology
Hebei Sinopack Electronic Technology
Oriental Semiconductor
Jilin Sino-Microelectronics
PN Junction Semiconductor (Hangzhou)
United Nova Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of SiC Based Power Electronic, market overview.
Chapter 2: Global SiC Based Power Electronic market size in revenue and volume.
Chapter 3: Detailed analysis of SiC Based Power Electronic manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of SiC Based Power Electronic in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global SiC Based Power Electronic capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.