Press release
Power SiC Component Market Growth Status, Share, Size, Trends, Opportunity, and Forecast 2029| STMicroelectronics, Infineon, Wolfspeed
The Power SiC Component Market studied was anticipated to grow with a CAGR of nearly +23.11% during the forecast period.
Some of the Major Key players profiled in the study are Players and Others.
The global Power SiC Component Market offers an insightful study of the prevailing demand and supply trends, important fiscal statistics of major players sustaining in the market, and the influence of latest economic advancements on the market. Developments in each geographical region are charted using authentic historical data with a view to help gauge the future trajectory of the market across the globe. SWOT analysis is directed to identify the strengths, weaknesses, opportunities, and threats that these companies forecast to witness during the forecast period. STMicroelectronics, Infineon, Wolfspeed, Rohm, onsemi, BYD Semiconductor, Microchip (Microsemi), Mitsubishi Electric (Vincotech), Semikron Danfoss, Fuji Electric, Navitas (GeneSiC), Toshiba, Qorvo (UnitedSiC), San'an Optoelectronics, Littelfuse (IXYS), CETC 55, WeEn Semiconductors, BASiC Semiconductor, SemiQ, Diodes Incorporated, SanRex, Alpha & Omega Semiconductor, Bosch, GE Aerospace, KEC Corporation, PANJIT Group, Nexperia, Vishay Intertechnology, Zhuzhou CRRC Times Electric, China Resources Microelectronics Limited, StarPower, Yangzhou Yangjie Electronic Technology, Guangdong AccoPower Semiconductor, Changzhou Galaxy Century Microelectronics, Hangzhou Silan Microelectronics, Cissoid, and others.
Industry Updates
December 2022- In order to design and produce cutting-edge semiconductor materials, STMicroelectronics and Soitec (Euronext Paris) have announced the next phase of their collaboration on Silicon Carbide substrates, along with the Soitec's SiC substrate technology's qualification via ST planned in the following 18 months. The objective of this collaboration is for ST to utilize Soitec's SmartSiC expertise for its upcoming 200mm substrate production, feeding its business of producing devices and modules. Volume production is anticipated in the medium term. The company's finances will improve as a result of this partnership, and the worldwide SiC power semiconductor industry will expand as well.
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Global Power SiC Component Market Segmentation:
Market Segmentation: By Application
Automotive & EV/HEV
EV Charging
Industrial Motor/Drive
PV, Energy Storage, Wind Power
UPS, Data Center & Server
Rail Transport
Others
Market Segmentation: By Type
SiC MOSFET Module
SiC MOSFET Discrete
SiC Diode (SiC SBD)
Others (SiC JFETs & FETs)
Regional Insights:
Asia-Pacific dominated the global Silicon Carbide (SiC) Power Devices market, with several countries driving the growth of the market. The key factors driving the growth of the APAC SiC power devices market include the increasing demand for energy-efficient power electronics, the adoption of electric vehicles, and government initiatives to reduce carbon emissions. China is the largest market for SiC power devices in the APAC region, driven by the presence of several key players and the growing adoption of electric vehicles in the country. Japan and South Korea are also significant markets for SiC power devices in the region, driven by the high demand for energy-efficient power electronics in the industrial sector.
Table of Contents:
Chapter 1 Report Overview
Chapter 2 Market Snapshot
2.1 Major Companies Overview
2.2 Power SiC Component Market Concentrations
2.3 Six-Year Compound Annual Growth Rate (CAGR%)
Chapter 3 Value Chain of Power SiC Component Market
3.1 Upstream
3.2 Downstream
3.3 Porter's and Five Forces Analysis and SWOT Analysis
Chapter 4 Players Profiles
4.1 Company Profiles
4.2 Product Introduction
4.3 Production, Revenue (2017-2022)
4.4 SWOT Analysis
Chapter 5 Global Power SiC Component Market Analysis by Regions
5.1 Market Status and Prospect (2017-2029)
5.2 Market Size and Growth Rate (2017-2029)
5.3 Market Local Capacity, Import, Export, Local Consumption Analysis (2017-2029)
Chapter 6 North America Market Analysis by Countries
Chapter 7 China Market Analysis by Countries
Chapter 8 Europe Market Analysis by Countries
Chapter 9 Asia-Pacific Market Analysis by Countries
Chapter 10 India Market Analysis by Countries
Chapter 11 Middle East and Africa Market Analysis by Countries
Chapter 12 South America Market Analysis by Countries
Chapter 13 Global Market Segment by Types
Chapter 14 Global Market Segment by Applications
Chapter 15 Market Forecast by Regions (2023-2029)
Chapter 16 Appendix
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Highlighting points of Global Power SiC Component Market Report:
The global market report provides an exhaustive qualitative and quantitative analysis to provide insight into the industry.
This Power SiC Component market insight includes data from significant participants such as marketers, industry experts, and investors.
The market report's objective is to provide an exhaustive perspective from all stakeholders for young marketers and entrepreneurs.
Trends and drivers are discussed in the Power SiC Component Market Report
The global market report delivers an overview of the global competitive environment.
It provides details about the market, its share, and revenue.
Report Includes Following Questions:
What is the anticipated growth rate of the global market in the forecast period?
Which regional segment is estimated to account for a massive share of the global Power SiC Component Market?
What are the primary driving factors of the global Market?
Which current trends are likely to offer promising growth prospects in the next few years?
How is the competitive landscape of the global Power SiC Component Market at present?
How has the covid-19 impacted the growth of the?
Which latest trends are anticipated to offer potential growth prospected in the coming years?
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