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Silicon Carbide (SiC) Semiconductor Market by Top Key Players, Types, Applications and Future Forecast to 2030
Global Silicon Carbide (SiC) Semiconductor Market
Silicon carbide is a hard, synthetically produced, crystalline compound of silicon and carbide, having chemical formula "SiC"It occurs in nature as an extremely rare mineral moissanite. Grains of silicon carbide can be bonded together to form hard ceramics which can be used in applications requiring high endurance such as car brakes, car clutches, and ceramic plates in bulletproof vests. Silicon carbide is also known as carborundum. Its powder has been mass produced since 1983 for use as an abrasive.
SiC module created by STMicroelectronics for vehicle Tesla and its Model 3 is a great example of adoption of Silicon carbide semiconductor
According to the International Energy Agency, the global sales of electric vehicles are anticipated to reach 44 million per year by 2030, which in turn increases the demand for silicon carbide semiconductor based devices such as inverters and MOSFET.
Silicon carbide semiconductors are mainly used in electric and hybrid electric vehicles (EV/HEV), as well as in automobile charging infrastructure, power supplies, rail, motor drives, and uninterruptible power supplies (UPS).
The EV motor drives application is expected to expand at the highest CAGR during the forecast period. Silicon carbide-based semiconductor devices can be used in industrial and commercial motor drives, electro-mechanical computing systems, and high-temperature sensors.
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Global Silicon Carbide (SiC) Semiconductor Market: Major Players
Renesas Electronic Corporation
Rohm Co., Ltd
Cree Inc.
NXP Semiconductor
Toshiba Corporation
ON Semiconductor Corporation
Infineon Technologies AG
Broadcom Limited
ST Microelectronics NV
Texas Instruments Inc.
Mitsubishi Electric Corporation
Semikron International
Hitachi Power Semiconductor Device Ltd
Fuji Electric Co. Ltd
Microchip Technology Inc.
Global Silicon Carbide (SiC) Semiconductor Market: By Types
SIC Power Semiconductors
SIC Power Semiconductor Devices
SIC Power Diode Nodes
Global Silicon Carbide (SiC) Semiconductor Market: By Applications
Automotive
Aerospace and Defense
Computers
Consumer Electronics
Industrial
Healthcare
Power Sector
Other Industries
Global Silicon Carbide (SiC) Semiconductor Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Silicon Carbide (SiC) Semiconductor market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase the Silicon Carbide (SiC) Semiconductor Market Report:
The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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