Press release
Top 5 key players of silicon carbide market are Infineon Technologies AG, Cree Inc. (Wolfspeed), Rohm Semiconductor, Stmicroelectronics N.V., Fuji Electric Co., Ltd
Silicon Carbide Market
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These superior properties make it ideal for numerous applications in radio frequency (RF) devices & cellular base stations, power grid devices, flexible AC transmission systems (FACTS), high-voltage direct currents (HVDC), power supply & inverters, lighting controls, industrial motor drives, flame detectors, EV motor drives, EV charging, electronic combat systems, wind turbines, and solar cells. The key factors that drive the SiC market growth is that it can decrease the size of semiconductors and reduce the power system loss by 50%.
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The global silicon carbide market is classified on the basis of product, device, wafer size, application, and geography. Based on product the market is segmented into black SiC, green SiC, and others. On the basis of device, the market is segmented into SiC discrete devices and SiC bare die. The wafer size market is classified into 2 inch, 4 inch, and 6 inch & above. Based on application, the market is divided into steel & energy, automotive, industrial sector, consumer electronics, aerospace & aviation, military & defense, electronics & semiconductors, medical & healthcare, information & communication technology (ICT), and others. The geographic breakdown and deep analysis of each of the aforesaid segments have been covered for North America, Europe, Asia-Pacific, and LAMEA.
Market Dynamics:
Drivers:
Ability of silicon carbide in semiconductors to perform at high temperatures and high voltage & power
Silicon carbide (SiC)-based devices facilitate system size reduction
Increase in the application of silicon carbide (SiC) devices in the steel & energy sector
Growing semiconductor and electronics industries
Restraints:
High costs of SiC when compare with other materials used to manufacture semiconductors
The growing market of gallium nitride may hamper the silicon carbide market
Market Players:
The top players in the global silicon carbide market are Infineon Technologies AG, Cree Inc. (Wolfspeed), Rohm Semiconductor, Stmicroelectronics N.V., Fuji Electric Co., Ltd., On Semiconductor, General Electric, United Silicon Carbide, Inc., Genesic Semiconductor Inc., and Renesas Electronics Corporation.
KEY TAKEAWAYS
Silicon carbide market
MARKET LANDSCAPE
By Product
Black SiC
Green SiC
Others
By Device
SiC Discrete Devices
SIC Mosfet
SIC Diode
SIC Module
SiC Bare Die
By Wafer Size
2 Inch
4 Inch
6 Inch & Above
By Application
Steel & Energy
Automotive
Industrial Sector
Consumer Electronic
Aerospace & Aviation
Military & Defense
Electronics & Semiconductors
Medical & Healthcare
Information & Communication Technology (ICT)
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
The company makes use of primary corporate research and secondary inputs from trusted sources to build its own reference base. It maintains consistency in quality as it keeps itself updated with changes in market dynamics and gauging its net effect on global business trends.
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