openPR Logo
Press release

5 Key Takeaways from Fact.MR’s Report on SiC & GaN Power Semiconductor Market for Forecast Period 2017 - 2026

01-12-2018 03:29 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

Increasing production of hybrid electric vehicles and electric vehicles globally is fueling the demand for power semiconductor devices such as SiC and GaN. Also, the growing use of mobile devices is contributing to the demand for SiC & GaN power semiconductor. With the increasing use of SiC, SiC metal-oxide semiconductor field-effect transistors (MOSFET) have gained immense popularity among manufacturers. Meanwhile, GaN-on-silicon (GaN-on-Si) devices are also anticipated to witness growth in the coming years. GaN semiconductor devices are also witnessing increasing application in automotive, information and communication technology, consumer electronics and medical. Also, the advancement in semiconductor and power electronics is helping companies to improve power management and battery capacity.

Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=381

As per the report by Fact.MR, the global SiC & GaN power semiconductor market is expected to witness robust growth, increasing at a CAGR of 24.7%. The global SiC & GaN power semiconductor market is also projected to reach US$ 2,986.3 million revenue by the end of 2026. Increasing adoption of mobile devices and other electronic devices is driving the need of semiconductors, this, in turn, is resulting in the increasing use of SiC & GaN to power semiconductor devices and at the same time offering various advantages. Following are the insights showing how the global SiC & GaN power semiconductor market will perform in the coming years.

Browse Full Report with TOC- https://www.factmr.com/report/381/sic-gan-power-semiconductor-market

5 Forecast Highlights on Global SiC & GaN Power Semiconductor Market:

1- Asia Pacific Excluding Japan (APEJ) to emerge as the dominating region in the global SiC & GaN power semiconductor market. By the end of 2026, APEJ is projected to bring in more than US$ 2,200 million revenue. Increasing demand for mobile devices, the presence of the key companies are some of the factors driving the demand for SiC & GaN to power semiconductor in the region.

2- Meanwhile, Japan followed by Europe are also likely to see the significant growth in the coming years. Technological advancements in the regions are driving the market growth.

3- SiC is expected to witness significant growth during the forecast period. By the end of 2026, SiC as a material to power semiconductor is projected to exceed US$ 2,400 million revenue.

4- Compared to the various components, discrete SiC power devices are anticipated to witness growth. Discrete SiC power devices are projected to reach the value of nearly US$ 2,000 million revenue towards the end of 2026.

5- SiC & GaN power semiconductor is expected to be used largely in power supplies during the forecast period 2017-2026. By the end of 2026, power supplies are projected to bring in more than US$ 800 million revenue.

The report also offers information on the leading players in the global market for SiC & GaN power semiconductor, which will remain active through 2026. These include companies such as Infineon Technologies, Fairchild Semiconductor, Fuji Electric Systems Co., Ltd, Global Power Technologies Group, ROHM Semiconductor, Wolfspeed, Inc., Microsemi Corporation, Danfoss A/S, SEMIKRON International GmbH, Renesas Electronics, Alpha & Omega Semiconductor, Transform, Inc., Genesic semiconductor Inc., Monolith Semiconductor Inc., Raytheon Company, STMicroelectronics N.V., United Silicon Carbide Inc., Vincotech GmbH, Avogy, Inc., Cambridge Electronics, Exagan S.A.S, GaN Systems Inc., NXP Semiconductors N.V., Panasonic Corporation, and VisIC Technologies Ltd.

Check Discount On This Report- https://www.factmr.com/connectus/sample?flag=D&rep_id=381

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 5 Key Takeaways from Fact.MR’s Report on SiC & GaN Power Semiconductor Market for Forecast Period 2017 - 2026 here

News-ID: 898360 • Views: 260

More Releases from Fact.MR

Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of

All 5 Releases


More Releases for SiC

SiC-based Monolithic Transistor-Rectifier Power Device
GeneSiC Semiconductor, a pioneer and global supplier of a broad range of Silicon Carbide (SiC) power semiconductors today announces the availability of 1200V 75mΩ SiC-based monolithic (single chip) Transistor-rectifier power device in an industry standard package that enables extremely low turn-on energy and reverse recovery losses while offering flexible, modular designs in high frequency power converters. Wide band gap materials, such as SiC and GaN are attractive replacements to conventional
Global Silicon Carbide (SIC) Market 2018 - ESD-SIC, Erdos, Elmet
Apex Market Reports, recently published a detailed market research study focused on the “Silicon Carbide (SIC) Market” across the global, regional and country level. The report provides 360° analysis of “Silicon Carbide (SIC) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Silicon
Black SiC Market Global Analysis & Key Factors ESD-SIC bv, ESK-SIC GmbH, Navarro …
The “Black SiC Market” Report offers an inclusive and decision-making overview, including definitions, classifications and its applications. The Black SiC market is anticipated to reflect a positive growth trend in forthcoming years. The essential driving forces behind the growth and popularity of Black SiC market is analyzed detailed in this report. Global Black SiC Industry Report 2018 is a professional and in-depth study on the current state of the Black SiC
Green SiC Sales Market Report 2017 - 2022
About Green SiC Sales In this report, the global Green SiC market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Get a Free Sample Report @ https://www.reportsandmarkets.com/sample-request/global-green-sic-sales-market-report-2017-1623034 Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and
SIC Code Matching Services | B2B Marketing Archives
Search for SIC Codes with our Industry SIC Codes List to target desired audience & classify prospects by industry type in the USA, UK, Canada Europe & Australia! For advanced matching rate, search SIC Codes from B2B Marketing Archives as the firm has come up with the updated Industry SIC Codes List . SIC codes are 6 digit codes that are customized to classify industries. Our lists are organized into several
Global SiC Substrates Market 2012- 2022
Summary Based on products type, the report describes major products type share of regional market. Products mentioned as follows: By Size 2 inch/3 inch 4 inch 6 inch Based on region, the report describes major regions market by vendor, products and Application. Regions mentioned as follows: Europe America Asia Based on Application, the report describes major Application share of regional market. Application mentioned as follows: LED Lighting Power Electronics Leading vendors in the market are included based on sales; price, sales regions, products