Press release
Silicon Carbide (SiC) Semiconductor Market Size, Status, Global Outlook 2020 To 2026
Top Companies in the Global Silicon Carbide (SiC) Semiconductor Market
Cree Incorporated, Fairchild Semiconductor International Inc, Genesic Semiconductor Inc, Infineon Technologies Ag, Microchip Technology Incorporated (NASDAQ:MCHP), Norstel AB, Renesas Electronics Corporation (OT:RNECF), ROHM Co Ltd, STMicroelectronics N.V. (NYSE:STM), Toshiba Corporation, among others.
The global Silicon Carbide (SiC) Semiconductor Market to grow with a CAGR of 17.2% over the forecast period of 2020-2026.
Market Overview
The aforementioned houses of silicon carbide (sic) semiconductors in conjunction with its advantages over silicon makes it suitable in programs which include automotive and aerospace and protection industries. High temperature resistant materials are broadly utilized in those industries, as a consequence, there is growing adoption of sic semiconductors in electricity electronics, which in turn is probable to power the sic market boom over the forecast length.
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Key Market Trend
Electric and electronics is most of the fast developing segments with a cagr of 10. 8% in phrases of volume from 2020 to 2027. The growth is attributed to the increasing demand for semiconductors thanks to the growing utilization of renewable sources of power across the globe
asia pacific is projected to witness a cagr of 17. 9% in terms of revenue over the forecast length, because of the growth of the manufacturing region in nations together with china, india, japan, and south korea
north the us is anticipated to witness a cagr of seven. 6% in phrases of volume over the forecast length attributable to the increasing product usage in electronics, aerospace, and defense industries
Trending News
Microchip Expands Silicon Carbide (SiC) Family of Power Electronics to Provide System Level Improvements in Efficiency, Size and Reliability
700, 1200 and 1700V SBD-based power modules maximize switching efficiency, reduce thermal rise and allow smaller system footprint
CHANDLER, Ariz., March 16, 2020 (GLOBE NEWSWIRE) -- Demand continues to rapidly grow for Silicon Carbide (SiC)-based systems to maximize efficiency and reduce size and weight, allowing engineers to create innovative power solutions. Applications leveraging SiC technology range from electric vehicles and charging stations to smart power grids and industrial and aircraft power systems. Microchip Technology Inc. (MCHP) today announced its expanded portfolio of smaller, lighter and more efficient SiC power modules. Together with its broad portfolio of microcontrollers (MCUs) and analog products, Microchip serves the needs of high power system control, gate drive and power stage - supporting customers with total system solutions.
(Source-finance.yahoo)
STMicroelectronics N.V. (NYSE:STM)
STMicroelectronics Joins Zigbee Alliance Member Group China as A Council Member
Beijing, China, March 23, 2020 - Extending its efforts with the Zigbee Alliance, STMicroelectronics (STM.PA), a global semiconductor leader serving customers across the spectrum of electronics applications, has joined the Zigbee Alliance Member Group China (ZMGC) as a council member. ZMGC focuses on accelerating market adoption of Zigbee in China, simplifying development for manufacturers and increasing device compatibility for consumers. The Company's council membership at the ZMGC aims to help the Alliance continue its success in China by bringing more visibility to Zigbee technologies and accelerate new product developments with ST's contributions to improved interoperability and cross-technology compatibility.
(Source-finance.yahoo)
The Silicon Carbide (SiC) Semiconductor market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Silicon Carbide (SiC) Semiconductor Market on the basis of Types are
SIC Power Semiconductors, SIC Power Semiconductor Devices, SIC Power Diode Nodes
On The basis Of Application, the Global Silicon Carbide (SiC) Semiconductor Market is Segmented into
Automotive, Aerospace and Defense, Computers, Consumer Electronics, Industrial, Healthcare, Power Sector, Solar
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Regions Are covered By Silicon Carbide (SiC) Semiconductor Market Report 2020 To 2026.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada and Mexico).
Europe (Germany, France, UK, Russia and Italy).
Asia-Pacific (China, Japan, Korea, India and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Silicon Carbide (SiC) Semiconductor Market
-Changing Silicon Carbide (SiC) Semiconductor market dynamics of the industry
-In-depth market segmentation by Type, Application etc.
-Historical, current and projected Silicon Carbide (SiC) Semiconductor market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Silicon Carbide (SiC) Semiconductor Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
Frequently Asked Questions about Silicon Carbide (SiC) Semiconductor market:
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The report has 150 tables and figures browse the report description and TOC
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