SiC Semiconductor Materials & Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

The first unipolar power silicon carbide devices (Schottky diodes) were commercialized in 2001. Silicon carbide and JFETs devices are enable to build a large number of power switching converters. It is worth listing the scope of applications for which silicon carbide devices can advantageously replace classical silicon power semiconductor devices. SiC semiconductor have advance features such as high temperature operating capacity, inherent radiation resistance, high power efficiency, high voltage and high power handling capacity.

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Use of SiC semiconductor in the power, industrial, wind & solar sector used for power applications also enables passive, smaller heat sink, and magnetic nature in system designs. SiC semiconductor are also used in hybrid electric vehicles, electric vehicles, rail transportation, photovoltaic applications, converters & inverters, power supply units and many more. In upcoming year SiC semiconductor will become important a part of manufacturer in the Electronics & Semiconductors industry. The main sector SiC semiconductor are high-temperature semiconductors which are work in extreme temperature & rad-hard environment specific and opto-semiconductors such as Lighting, Laser Diodes and LEDs.

One of driver which increase market of SiC semiconductor material & devices is for higher power density. Power density is a major factor used in power electronic sector to achieve technological development, especially in high power applications. Advantages of Semiconductor & Power electronics devices which help them to operate at higher power density such as simplified circuits, less driving power, reverse blocking capabilities and optimum forward. Semiconductors devices are used to improve operational efficiency mainly in inverter systems, electric rail traction drives, solar power generators and wind power generators.

Furthermore, vendors are investing more in research & development processes to manufacture innovative or highly developed devices which operates at higher levels of power density. Thus, high power applications demanded for higher power densities that drives the market. One of trend in semiconductor market is due to high demand from solar panel industry. In villages, solar panels are installed in off-grid locations to provide a power source throughout the day. Solar panels manufacturers should install high end products as the manufacturing process involves complex procedures and that requires the deployment of advanced technologies. Few established vendors are still engaged in the large-scale manufacturing of SiC semiconductor devices due to replacement silicon-based devices. As a result, most of the electronic devices are expected to have the complete SiC-based component infrastructure. This will expected to an increase in sales and volume.

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The SiC semiconductor materials and devices market can be segmented on the basis of technology, product type, application and regional. By technology, it can be further segmented as 3c-SIC Semiconductors, 4h-SIC Semiconductors, 3c- SIC Growth in Hexagonal SIC Substrates, 2h-SIC Semiconductors, 3c-SIC Growth on Si Substrates 6h-SIC Semiconductors, Iv-Iv Silicon Carbide Semiconductor and Iii-V SIC Semiconductors. As compared to 2h-SiC semiconductor and 4h-SiC semiconductor, demand for 6-inch semiconductor and above SiC semiconductor wafer is growing as these can be used for manufacturing of more number of devices. By product type SiC semiconductor materials and devices market is segmented into SIC Power Semiconductors, SIC Power Semiconductor Devices, SIC Power Diode Nodes. SiC semiconductor is segmented by Application is further divided into healthcare, automotive, power sector, aerospace computers, defense, computer, consumer electronics, industrial, and solar. Furthermore, SiC semiconductor material and devices market can also be studied according to regional bifurcations such as North America, Europe, Asia Pacific, Middle East & Africa and South America. Further, the market is growing in Asia Pacific region due to the development in industrial sector and power and smart grid project.

Many players are involved in manufacturing SiC semiconductor device and materials some of the key players in the market are Fairchild Semiconductor, Cree Incorporated, Infineon Technologies Ag, Genesic Semiconductor Inc, Norstel AB, Renesas Electronics Corporation, Microsemi Corporation, ROHM Co Ltd, STMicroelectronics, Toshiba Corporation and United Microelectronics Corporation and so on.

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