WBG Power Devices market is projected to grow from US$ 1439.4 million in 2023 to US$ 8111.6 million by 2029, at a Compound Annual Growth Rate (CAGR) of 33.4% - Valuates Reports

The global WBG Power Devices market is projected to grow from US$ 1439.4 million in 2023 to US$ 8111.6 million by 2029, at a Compound Annual Growth Rate (CAGR) of 33.4% during the forecast period.

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WBG Power Devices market, Wide-bandgap semiconductors (WBG or WBGS) are semiconductor materials which have a relatively large band gap compared to typical semiconductors.
We focus on the Silicon Carbide (SiC) and gallium nitride (GaN) WBG Power Devices in this report.
Currently, there are many producing companies in the world. The main market players are Infineon, Rohm, Mitsubishi, STMicro, Fuji, Toshiba, Microsemi, United Silicon Carbide Inc. , GeneSic , Efficient Power Conversion (EPC), GaN Systems and so on. Infineon is the largest production Cmpany for WBG Power Devices, with a production value market share nearly 49%.
Europe is the largest consumption place, with a consumption market share nearly 36%. Following Europe, Japan is the second largest consumption place with the consumption market share of 32%.
In terms of production side, this report researches the WBG Power Devices production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
In terms of consumption side, this report focuses on the sales of WBG Power Devices by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.

This report presents an overview of global market for WBG Power Devices, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of WBG Power Devices, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for WBG Power Devices, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the WBG Power Devices sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global WBG Power Devices market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for WBG Power Devices sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Infineon, Rohm, Mitsubishi, STMicro, Fuji, Toshiba, Microsemi, United Silicon Carbide Inc. and GeneSic, etc.

Segment by Type
GaN
SiC

Segment by Application
Consumer Electronics
Automotive & Transportation
Industrial Use
Others

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