(MENAFN- Ameliorate Digital Consultancy)
the silicon carbide power semiconductor market size is estimated at usd 1.74 billion in 2023, and is expected to reach usd 5.37 billion by 2028, growing at a cagr of 25.24% during the forecast period (2023-2028).
Global silicon carbide (sic) power semiconductor Market Research Report 2023 begins with an overview of the Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behaviour, pricing factors and market performance and estimation and prices as well as global predominant vendor's information. The forecast market information, SWOT analysis, Silicon Carbide (SiC) Power Semiconductor market scenario, and feasibility study are the vital aspects analysed in this report.
top leading companies: wolfspeed, infineon technologies, stmicroelectronics, rohm, on semiconductor, littelfuse, microchip, mitsubishi electric, genesic semiconductor inc., basic semiconductor
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The asia pacific dominates the global sic power semiconductor market , pertaining to global semiconductor market growth, which is also supported by government policies. Furthermore, the region's semiconductor industry is driven by china, taiwan, japan, and south korea , which together account for around 65% of the global discrete semiconductor market. In contrast, others like thailand, vietnam, singapore, and malaysia also contribute significantly to the region's dominance in the market.
With the evolution of the electric vehicle industry, SiC semiconductor devices are playing a crucial role in electric vehicle charging infrastructure. According to a study published by the china association of automobile manufacturers ; IT Juzi; and quanzhan industrial research institute , SiC investments are largely correlated with China's EV production, and they increase with the increase in EV production. The growing demand for SiC semiconductor chips in the ev charging infrastructure proposes promising opportunities for the market's growth.
Recent Development:
July 2022 – semiq announced the launch of its 2nd Generation Silicon Carbide power switch, a 1200V 80mΩ SiCMOSFET, expanding its portfolio of SiCpower devices. The new MOSFET complements the company's existing SiCrectifiers at 650V, 1200V, and 1700V, which bring high efficiency to high-performance applications like electric vehicles. May 2022 – stmicroelectronics revealed its partnership with Semikron for supplying silicon carbide (SiC) technology for the eMPackelectric-vehicle (EV) power modules provided by the company. May 2022 – microchip launched the SiC-based Fully Integrated Precise Time Scale System for smart transportation infrastructure. The Precise Time Scale System (PTSS) is a fully integrated system capable of
Market Overview :
By Types :
SiC MOSFET Devices and Modules
SiC Diode Devices
By Application :
Automobile Use
Industrial Use
Photovoltaic
Others
Regional Coverage:
The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:
North America (the USA, Canada, and Mexico)
Europe (Germany, France, the United Kingdom, Belgium, the Netherlands, Russia, Italy, and the Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and Others)
South America (Brazil, Argentina, Colombia, Others)
MEA (Saudi Arabia, United Arab Emirates (UAE), Israel, Egypt, Turkey, South Africa & Rest of MEA)
Note : Get customized in the list of countries, add-on segmentation, or get players added matching your business objectives; customization is subject to approval and feasibility. Please share your requirements and our executives will get in touch with you.
Influence of the Silicon Carbide (SiC) Power Semiconductor market report:
-Comprehensive assessment of all opportunities and risks in the Silicon Carbide (SiC) Power Semiconductor market.
– Silicon Carbide (SiC) Power Semiconductor market recent innovations and major events
-A detailed study of business strategies for the growth of the Silicon Carbide (SiC) Power Semiconductor market-leading players.
-Conclusive study about the growth plot of Silicon Carbide (SiC) Power Semiconductor market for forthcoming years.
-In-depth understanding of Silicon Carbide (SiC) Power Semiconductor market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Silicon Carbide (SiC) Power Semiconductor market.
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Crucial Elements from the Table of Contents of Global Silicon Carbide (SiC) Power Semiconductor Market :
Chapter 1: Silicon Carbide (SiC) Power Semiconductor Market Overview
Chapter 2: Global Silicon Carbide (SiC) Power Semiconductor Market Competition, Profiles/Analysis, Strategies
Chapter 3: Global Silicon Carbide (SiC) Power Semiconductor Capacity, Production, Revenue (Value) by Region (2017-2022)
Chapter 4: Global Silicon Carbide (SiC) Power Semiconductor Supply (Production), Consumption, Export, Import by Region (2017-2022)
Chapter 5: Global Silicon Carbide (SiC) Power Semiconductor Market Regional Highlights
Chapter 6: Industrial Chain, Sourcing Strategy, and Downstream Buyers
Chapter 7: Marketing Strategy Analysis, Distributors/Traders
Chapter 8: Market Effect Factors Analysis
Chapter 9: Market Decisions for the present scenario
Chapter 10: Global Silicon Carbide (SiC) Power Semiconductor Market Forecast (2023-2029)
Chapter 11: Case Studies
Chapter 12: Research Findings and Conclusion
Key Benefits for Industry Participants & Stakeholders:
Industry drivers, restraints, and opportunities covered in the study Neutral perspective on the market performance Recent industry trends and developments Competitive landscape & strategies of key players Potential & niche segments and regions exhibiting promising growth covered Historical, current, and projected market size, in terms of value In-depth analysis of the Silicon Carbide (SiC) Power Semiconductor Market
Finally, the Silicon Carbide (SiC) Power Semiconductor Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. The Silicon Carbide (SiC) Power Semiconductor industry report additionally presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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“ Russia-Ukraine War Impact 2022: Economic sanctions imposed on the Russian Federation by the United States and its allies have had a negative impact on the market . Economic sanctions imposed on the Russian Federation by the US and its Russian allies are expected to impact the growth of this industry. The war also negatively impacted global industries, disrupting import and export flows. The dominance of Russia and the quasi-private space agency Roscosmos in the commercial space has influenced alternative launch service providers in India, Japan, Europe and the United States. These factors negatively impacted the market during the war.”
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