Silicon Carbide Power Semiconductors Market by Power Module (Power Product and Discrete Product) and Industry Vertical (IT & Telecom, Aerospace & Defense, Industrial, Energy & Power, Electronics, and Automotive & Healthcare)

The global silicon carbide power semiconductors market size was valued at $302 million in 2017 and is projected to reach $1,109 million by 2025, registering a CAGR of 18.1% from 2018 to 2025. In 2017, the Asia-Pacific region constituted the highest share in the global silicon carbide power semiconductors market. This region is expected to grow at the fastest rate during the forecast period.

Access Full Summary @ https://www.alliedmarketresearch.com/silicon-carbide-sic-power-semiconductors-market

Silicon carbide is a semiconductor developed by the combination of silicon and carbon. It exhibits a level of hardness that is approximately equivalent to a diamond, which enables SiC semiconductors to operate in extreme conditions. Moreover, characteristics of silicon carbide such as higher breakdown electric field strength, wider band gap, lower thermal expansion, and resistance to chemical reaction, enable it to gain an edge over traditional silicon semiconductors in the power semiconductors market. The energy required by silicon carbide electrons to jump from the valence band to the conduction band is three times to that of the silicon power semiconductor.

Growing demand for power electronics that drives the growth of the SiC power devices market. Power electronics ensures control and conversion of electrical power effectively and efficiently. Increasing demand for power electronics across various industry verticals, such as aerospace, medical, and defense, plays a crucial role in increasing the adoption of SiC power devices. Moreover, growing demand for SiC-based photovoltaic cells in developing countries, including China, Brazil, and India, fuels the growth of SiC-based power semiconductors. One of the major restraints associated with this market is the huge wafer cost required for producing silicon carbide-based semiconductors.

Get the PDF brochure: https://www.alliedmarketresearch.com/request-sample/5042

On the other hand, increase in the number of modern applications requiring SiC power devices offers lucrative opportunities for the market. In the automotive sector, traction inverters in electric vehicles are subjected to high thermal and load cycling. SiC has increased reliability and higher efficiency, ability to operate at higher temperatures, reduced size, and higher voltage capabilities, which make it ideal for application in the electric vehicle industry.

The key players operating in the silicon carbide power semiconductors market are Infineon Technologies AG, Microsemi Corporation, General Electric, Power Integrations, Toshiba Corporation, Fairchild Semiconductor, STMicroelectronics, NXP Semiconductors, Tokyo Electron Limited, Renesas Electronics Corporation, ROHM, and Cree, Inc.

On the basis of power module, the power product segment occupied the highest market share of 61.2% in 2017. According to industry vertical, use of silicon carbide power modules is expected to grow at the fastest CAGR of 20.5% in the automotive sector during the forecast period.

Make a purchase enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5042

The electronic properties of silicon carbide power semiconductors are superior to those of silicon. They possess higher saturated electron velocity, and electron mobility. SiC power semiconductors are comparatively less affected by overheating, owing to their wider energy bandgap. They also tend to create lesser noise in electronic circuits than silicon devices, thus resulting in minimized power loss. These enhanced properties stimulate increased usage of compound semiconductors, such as SiC power devices, in satellite communications, mobile phones, microwave links, and high-frequency radar systems.

Table of Content:

Chapter: 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS

3.3.1. Moderate to high bargaining power of suppliers
3.3.2. Moderate threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. Moderate to high intensity of rivalry
3.3.5. Moderate to high bargaining power of buyers

3.4. KEY PLAYER POSITIONING, 2017 (%)
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Advantages of compound semiconductors (SiC) over silicon-based technology.
3.5.1.2. Increase in demand of power electronics modules across various industry verticals.
3.5.1.3. Rise in installation of solar photovoltaic panels for electricity generation.
3.5.1.4. Growth in demand of electric vehicles, plug-in electric vehicles, and hybrid electric vehicles .

3.5.2. Restraints

3.5.2.1. High wafer cost of silicon carbide semiconductors.
3.5.2.2. Complexity in supply chain and designing process of SiC semiconductor technology.

3.5.3. Opportunities

3.5.3.1. Advent of 5G mobile communication.

Chapter: 4: SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE

4.1. OVERVIEW
4.2. POWER PRODUCTS

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. DISCRETE PRODUCTS

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

Chapter: 5: SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL

5.1. OVERVIEW
5.2. IT & TELECOM

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country

5.3. AEROSPACE & DEFENSE

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country

5.4. INDUSTRIAL

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country

5.5. ENERGY & POWER

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis, by country

5.6. ELECTRONICS

5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis, by country

5.7. AUTOMOTIVE

5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis, by country

5.8. HEALTHCARE

5.8.1. Key market trends, growth factors, and opportunities
5.8.2. Market size and forecast, by region
5.8.3. Market analysis, by country

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.