Silicon Carbide (SiC) MOSFET Market Drivers, Strategies, Applications and Competitive Landscape - 2030

Silicon carbide MOSFETs outperform conventional silicon power MOSFETs in terms of dynamic and thermal performance. It has several advantages, including high efficiency and low switching losses, improved thermal capabilities up to 175 degrees Celsius, and the elimination of the need for an external freewheeling diode. Silicon carbide MOSFETs eliminate tail current, resulting in faster operation, lower switching losses, and improved stability. Silicon carbide has a lower ON resistance and smaller chip size, which results in less capacitance and gate charge. Silicon carbide MOSFETs are an appealing electronic switch for innovative power supply and motor drive solutions including industrial equipment, electric vehicles, power, solar and wind sectors.

Access Full Description of this report at:-
https://www.nextmsc.com/report/silicon-carbide-sic-mosfet-market

Competitive Landscape

The silicon carbide (SiC) MOSFET market is comprising of various market players such as Infineon Technologies, Cree, Inc., ROHM Co., Ltd., STMelectronics, Fuji Electric, Semiconductor Components Industries, LLC, ON Semiconductor, General Electric, Wolfspeed, Renesas Electronics. Other players operating in this market include Microchip Technology, Jilin Sino Microelectronics, Silan Microelectronics, CRMicro, SiEn (Qingdao), and Semiconductor corporation Co.,Ltd. These market players are adopting various growth strategies, such as new product launches to further expand their presence in the silicon carbide (SiC) MOSFET market and broaden their customer base. For instance, in May 2020, Infineon Technologies (Germany) launched CoolSiC MOSFET 1700 V SMD. The CoolSiC MOSFET's new voltage class provides greater reliability as well as low switching and conduction losses. Also, in March 2020, SK Siltron, a global maker of semiconductor wafers, announced that it had completed the acquisition of DuPont's Silicon Carbide Wafer unit.

Market Dynamics and Trends

Silicon carbide MOSFET is perfectly suited for power electronics applications, due to its ability to withstand high voltages, up to ten times higher than those used with silicon. Thus, increasing need for power electronics across several industry verticals such as IT & telecom, aerospace & defense, industrial, energy & power, semiconductor & electronics, automotive, and healthcare among others is the key factor driving the silicon carbide (SiC) MOSFET market. Power electronics ensure that electrical power is effectively and efficiently controlled and converted. Silicon carbide power semiconductors, make it easier to manage automotive electronics like electric brakes, power steering, and seat control in hydroelectric vehicles. These devices are also used in aircraft actuators and generators for energy conversion.

However, the high material and fabrication costs of silicon carbide (SiC) MOSFET are expected to restrain the growth of the market during the forecast period. On the contrary, silicon carbide (SiC) MOSFET is one of the few compound semiconductors being evaluated for the manufacturing of power semiconductors for 5G communication equipment. These factors are expected to create ample growth opportunities for the market in the coming years.

Request sample copy of this report at:-
https://www.nextmsc.com/silicon-carbide-sic-mosfet-market/request-sample

Geographical Analysis

Asia Pacific held the largest revenue share of the global silicon carbide (SiC) MOSFET market in 2020, and the trend is expected to continue during the forecast period. The increasing adoption of the electric vehicle is driving the growth of the market as silicon carbide MOSFET chips are extensively used in electric vehicle inverters and on-board chargers due to its higher efficiency, frequency and compact size compared to silicon-based insulated-gate bipolar transistors (IGBTs). According to the IEA outlook 2020 report, China accounted for 47% share of the global electric buses sales in 2019, which significantly contributed towards the dominance of the APAC region among all other regions. Moreover, several countries in this region have been taking steps to promote the use of alternate fuel vehicles to reduce carbon footprint.

Asia Pacific region is also anticipated to grow at the highest CAGR during the forecast period. This is mainly attributed to the increased use of silicon carbides (SiC) MOSFET devices in the automotive, power electronics, energy, and renewable power generation verticals across the region. In addition, India Electronics and Semiconductor Association (IESA) and the Singapore Semiconductor Industry Association (SSIA) signed a Memorandum of Understanding (MoU) to establish and develop trade and technical cooperation between the two countries' electronics and semiconductor industries. This is expected to result in the development of several breakthrough semiconductor manufacturing technologies, which may expand the scope for the use of silicon carbides (SiC) MOSFET in the region.

Contact:
Phone Number: +1-217-650-7991
E-mail: info@nextmsc.com

About Next Move Strategy Consulting:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

For more insights, please visit, https://www.nextmsc.com

This release was published on openPR.