Silicon Carbide Power Semiconductors Market Expected to Reach $1,109 Million, Globally, By Top Key Players: Infineon Technologies AG, Microsemi Corporation, General Electric, Power Integrations, Toshiba Corporation, Fairchild Semiconductor, STMicroelectro

In 2017, based on power module, the power product segment is estimated to dominate the global silicon carbide power semiconductors market in terms of revenue. Furthermore, based on industry vertical, silicon carbide power semiconductors were majorly used in the IT & telecom sector. The Asia-Pacific dominated the market, owing to the increasing number of silicon carbide suppliers and the growing demand of power electronics in countries such as China, South Korea, and Japan.

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.

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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.

The major advantages of silicon carbide power semiconductors over traditional silicon semiconductors are their wider bandgap, higher breakdown electric field, thermal conductivity, and saturated electron drift velocity. These properties enable SiC devices to operate at higher temperatures, withstand very high voltages, minimize energy loss, and operate at high frequencies (RF and microwave). Moreover, the high switching frequency of SiC power devices allows the size of the power electronics system to be comparatively smaller than power modules designed with silicon devices.

Increasing demand for efficient power electronics across various industry verticals, such as automotive, industrial, IT & telecom, electronics, and aerospace & defense, drives the growth of silicon carbide power semiconductors. Moreover, there is growing demand for efficient power electronics systems in renewable energy systems such as solar and wind energy power plants. The installation of renewable energy systems has been increasing, owing to the increased government support and initiatives. This drives the market for silicon carbide power semiconductors.

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In addition, with the increasing government support for the penetration of electric vehicles, there is growing demand for SiC power devices in automotive electronics, fueling the silicon carbide power semiconductors market. The establishment of 5G infrastructure during the forecast period is expected to provide lucrative opportunities for the growth of silicon carbide power semiconductors.

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, ST Microelectronics, NXP Semiconductors, Tokyo Electron Limited, Renesas Electronics Corporation, ROHM, and Cree, Inc..

LIST OF TABLES

TABLE 01. GLOBAL SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 02. POWER PRODUCTS MARKET REVENUE, BY REGION, 2017-2025 ($MILLION)
TABLE 03. DISCRETE PRODUCTS MARKET REVENUE, BY REGION, 2017-2025 ($MILLION)
TABLE 04. GLOBAL SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 05. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET REVENUE FOR IT & TELECOM , BY REGION, 2017-2025 ($MILLION)
TABLE 06. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET REVENUE FOR AEROSPACE & DEFENSE , BY REGION, 2017-2025 ($MILLION)
TABLE 07. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET REVENUE FOR INDUSTRIAL , BY REGION, 2017-2025 ($MILLION)
TABLE 08. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET REVENUE FOR ENERGY & POWER , BY REGION, 2017-2025 ($MILLION)
TABLE 09. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET REVENUE FOR ELECTRONICS , BY REGION, 2017-2025 ($MILLION)
TABLE 10. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET REVENUE AUTOMOTIVE , BY REGION, 2017-2025 ($MILLION)
TABLE 11. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET REVENUE FOR HEALTHCARE, BY REGION, 2017-2025 ($MILLION)
TABLE 12. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS, BY REGION, 2017-2025 ($MILLION)
TABLE 13. NORTH AMERICAN SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 14. NORTH AMERICAN SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 15. U.S. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 16. U.S. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 17. CANADA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 18. CANADA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 19. MEXICO SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 20. MEXICO SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 21. EUROPE SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 22. EUROPE SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 23. U.K. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 24. U.K. SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 25. GERMANY SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 26. GERMANY SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 27. FRANCE SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 28. FRANCE SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 29. ITALY SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 30. ITALY SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 31. REST OF EUROPE SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 32. REST OF EUROPE SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 33. ASIA-PACIFIC SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 34. ASIA-PACIFIC SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 35. CHINA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 36. CHINA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 37. INDIA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 38. INDIA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 39. JAPAN SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 40. JAPAN SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 41. AUSTRALIA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 42. AUSTRALIA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 43. SOUTH KOREA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 44. SOUTH KOREA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 45. REST OF ASIA-PACIFIC SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 46. REST OF ASIA-PACIFIC SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 47. LAMEA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 48. LAMEA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 49. BRAZIL SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($THOUSAND)
TABLE 50. BRAZIL SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($THOUSAND)
TABLE 51. SAUDI ARABIA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($THOUSAND)
TABLE 52. SAUDI ARABIA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($ THOUSAND)
TABLE 53. SOUTH AFRICA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 54. SOUTH AFRICA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($THOUSANDS)
TABLE 55. REST OF LAMEA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY POWER MODULE, 2017-2025 ($MILLION)
TABLE 56. REST OF LAMEA SILICON CARBIDE (SIC) POWER SEMICONDUCTORS MARKET, BY INDUSTRY VERTICAL, 2017-2025 ($MILLION)
TABLE 57. INFINEON TECHNOLOGY: COMPANY SNAPSHOT
TABLE 58. INFINEON TECHNOLOGY: OPERATING SEGMENTS
TABLE 59. INFINEON TECHNOLOGY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 60. MICROSEMI CORPORATION: COMPANY SNAPSHOT

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