PUBLISHER: Lucintel | PRODUCT CODE: 1416580
PUBLISHER: Lucintel | PRODUCT CODE: 1416580
Silicon Carbide MOSFETs Trends and Forecast
The future of the global silicon carbide mosfets market looks promising with opportunities in the inverter, on board charger, uninterruptible power supply, motor drive, and energy storage system markets. The global silicon carbide mosfets market is expected to reach an estimated $13.62 billion by 2030 with a CAGR of 32.5% from 2024 to 2030. The major drivers for this market are increasing adoption of electric vehicles, growing emphasis on utilization of renewable energy like solar power, and rising demand of power electronics across various end use industries.
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Silicon Carbide MOSFETs by Segment
The study includes a forecast for the global silicon carbide mosfets by breakdown voltage, application, end use industry, and region
Silicon Carbide MOSFETs Market by Breakdown Voltage [Shipment Analysis by Value from 2018 to 2030]:
Silicon Carbide MOSFETs Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Silicon Carbide MOSFETs Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Silicon Carbide MOSFETs Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Silicon Carbide MOSFETs Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies silicon carbide mosfets companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the silicon carbide mosfets companies profiled in this report include-
Silicon Carbide MOSFETs Insights
Lucintel forecasts that 1200 v - 1700 vis expected to witness highest growth over the forecast period.
Within this market, inverters will remain the largest segment.
APAC will remain the largest region over the forecast period due to increasing incentives by Government for the adoption of the electric vehicles in the region.
Features of the Global Silicon Carbide MOSFETs Market
Market Size Estimates: Silicon carbide MOSFETs market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Silicon carbide MOSFETs market size by breakdown voltage, application, end use industry, and region in terms of value ($B).
Regional Analysis: Silicon carbide MOSFETs market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different breakdown voltages, applications, end use industries, and regiosn for the silicon carbide MOSFETs market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the silicon carbide MOSFETs market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the silicon carbide MOSFETs market size?
Answer: The global silicon carbide mosfets market is expected to reach an estimated $13.62 billion by 2030.
Q.2 What is the growth forecast for Silicon carbide MOSFETs market?
Answer: The global silicon carbide mosfets market is expected to grow with a CAGR of 32.5% from 2024 to 2030
Q.3 What are the major drivers influencing the growth of the Silicon Carbide MOSFETs Market?
Answer: The major drivers for this market are increasing adoption of electric vehicles, growing emphasis on utilization of renewable energy like solar power, and rising demand of power electronics across various end use industries.
Q4. What are the major segments for Silicon carbide MOSFETs market?
Answer: The future of the global silicon carbide mosfets market looks promising with opportunities in the inverter, on board charger, uninterruptible power supply, motor drive, and energy storage system markets.
Q5. Who are the key Silicon carbide MOSFETs market companies?
Answer: Some of the key silicon carbide mosfets companies are as follows:
Q6. WhichSilicon carbide MOSFETs market segment will be the largest in future?
Answer: Lucintel forecasts that 1200 v - 1700 vis expected to witness highest growth over the forecast period.
Q7. In Silicon carbide MOSFETs market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to increasing incentives by Government for the adoption of the electric vehicles in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.