Press release
Recent Updates in Silicon Carbide Industry with Global Market Insights and Competitive Intelligence & Company Profiles Report
The global silicon carbide market was valued at US$ 3.22 Bn in 2018 and is expected to reach US$ 6.79 Bn by the end of the forecast period, growing at a CAGR of 16.1% during the period from 2018 to 2023.BROWSE INDUSTRY INTELLIGENCE CONTENT AT:
https://www.inforgrowth.com/r/1011889/global-silicon-carbide-company-profiles-and-competitive-intelligence-report-2018
Some of the major players operating in the market are Renesas Electronics Corporation, STMicroelectronics N.V., ON Semiconductor, GeneSiC Semiconductor Inc., United Silicon Carbide, Inc., Infineon Technologies AG, ROHM Semiconductor, Fuji Electric Co., Ltd., AGSCO Corporation, Dow Chemical Company, Entegris Inc, ESD-SIC b.v, ESK-SIC GmbH, Gaddis Engineered Materials, Grindwell Norton Ltd, Saint-Gobain Ceramics Materials GmbH, and Carborundum Universal Ltd., among others. The company profiles will include key information about companies including company description, base of operations, operational presence, product/business portfolio, employee strength, list of key stakeholders, and board of directors, organizational structure, key competitors and their details, financial information such as revenue growth, profit margin, market capitalization, market positioning of key players, share price comparison, SWOT analysis, key developments, business strategies, and analysts’ views. Information for individual companies has been derived through financial reports, paid databases, and company news articles, among others.
Market growth is attributed to strategic mergers & acquisitions, geographical expansion, joint ventures & partnerships, new product development and innovations, which are some of the major strategies that are adopted by different leading players in order to ensure long-term sustenance in the market. For instance, Infineon Technology focuses on innovations, technological upgradation, expansion of the product portfolio, and merger & acquisition, among others. In 2018, Infineon Technologies acquired Siletectra GmBh, a specialist in silicon carbide. The strategic acquisition is helping Infineon to split silicon carbide wafers, thereby doubling the number of chips produced from one wafer. The acquisition has also helped the company to expand its product portfolio on silicon carbide. The Company has also signed an agreement with Cree for the long-term supply of silicon carbide wafers. With the strategic agreement, Infineon was able to broaden the offering on Silicon carbide, in order to address high growth markets such as electromobility and photovoltaic inverters.
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RECENT DEVELOPMENTS IN THE MARKET:
United Silicon Carbide Inc.: In Nov, 2018 The Company launched UF3C FAST series of 650 V and 1200 V high-performance silicon carbide FETs in a standard TO-247-3L package. The FAST SERIES offers efficiency, increased switching speeds than the existing series.
ROHM Semiconductor: In June 2018, ROHM planned a new building Apollo plant in Chikugo, Japan, in order to expand the production of silicon carbide The planning of the new building expanded the production capacity in order to meet the increasing demand for silicon carbide power devices
• Who are the key competitors of companies with respect to their products, revenue, geographic presence, and market positioning?
• How is a particular company performing against its competitors?
• What are the Strengths, Weaknesses, Opportunities, and Challenges for major companies in the market?
• What are the growth strategies adopted by the companies in the market?
• Market positioning of the players with respect to the business strength and product portfolio?
• What are the recent trends in the market? (M&A, partnerships, new product developments, expansions)
• How strong is the market players presence with respect to region and segment?
• Who are the key customers of the market?
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https://www.inforgrowth.com/enquiry/r/1011889/global-silicon-carbide-company-profiles-and-competitive-intelligence-report-2018
RELATED REPORTS ON SILICON CARBIDE MARKET:
• Global Silicon Carbide Market Full Report
• Global Silicon Carbide Market Summary Report
• Global Silicon Carbide Market Segmentation Report
• Global Silicon Carbide Market Regional Report
• Global Silicon Carbide Market Statbook
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