PUBLISHER: TechNavio | PRODUCT CODE: 1080221
PUBLISHER: TechNavio | PRODUCT CODE: 1080221
Global Wide-Bandgap (WBG) Power Semiconductor Devices Market 2022-2026
Technavio has been monitoring the wide-bandgap (WBG) power semiconductor devices market and it is poised to grow by $ 4.71 bn during 2022-2026, accelerating at a CAGR of 35.12% during the forecast period. Our report on the wide-bandgap (WBG) power semiconductor devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for high-power density devices, strategic collaborations among market participants, and government initiatives supporting the development of WBG power semiconductors.
The wide-bandgap (WBG) power semiconductor devices market analysis includes application segment and geographic landscape.
Technavio's wide-bandgap (WBG) power semiconductor devices market is segmented as below:
By Application
By Geographical Landscape
This study identifies the growing implementation of signal processing applications as one of the prime reasons driving the wide-bandgap (WBG) power semiconductor devices market growth during the next few years. Also, increased demand for vehicles that operate on alternative fuels and focus on moving toward larger wafers will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the wide-bandgap (WBG) power semiconductor devices market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wide-bandgap (WBG) power semiconductor devices market vendors that include Cree Inc., Fuji Electric Co. Ltd., GaN Systems Inc., GeneSiC Semiconductor Inc., Hitachi Ltd., Infineon Technologies AG, Littelfuse Inc., Microchip Technology Inc., Mitsubishi Chemical Holdings Corp., Nexperia BV, ON Semiconductor Corp., Qorvo Inc., ROHM Co. Ltd., Skyworks Solutions Inc., STMicroelectronics International NV, Texas Instruments Inc., Toshiba Corp., and Transphorm Inc. Also, the wide-bandgap (WBG) power semiconductor devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: