Market Research Report
Silicon Carbide Market by Device (MOSFET, Diode, Module, Bare Die), Wafer Size (2 Inch, 4 Inch, 6-Inch and Above), Application (RF Device and Cellular Base Station, Power Supply and Inverter), Vertical, and Geography - Global Forecast to 2022
|Published by||MarketsandMarkets||Product code||243976|
|Published||Content info||157 Pages
Delivery time: 1-2 business days
|Silicon Carbide Market by Device (MOSFET, Diode, Module, Bare Die), Wafer Size (2 Inch, 4 Inch, 6-Inch and Above), Application (RF Device and Cellular Base Station, Power Supply and Inverter), Vertical, and Geography - Global Forecast to 2022|
|Published: May 25, 2017||Content info: 157 Pages||
The silicon carbide has entered the growth phase and is expected to grow further in the coming years. The market is expected to be worth USD 617.4 million by 2022, at a CAGR of 17.4% between 2017 and 2022. The drivers for this market is the ability of SiC devices in the semiconductor to perform at high temperature and high voltage and power, increasing demand for motor drives, ability to reduce overall system size, and increasing application of SiC in radio frequency (RF) devices and cellular base station. However, SiC devices packaging is acting as a major challenge for silicon carbide market.
The market for EV motor drive is expected to grow at the highest CAGR during the forecast period. EV motor drive application is growing because of the increasing silicon carbide devices penetration in electric vehicles, as silicon carbide devices reduce size and weight of the system and overall weight of the vehicle.
With the increased demand for high power semiconductors, the load on the power equipment has increased. This has created a need for electronic devices that can operate in a high-temperature and high-voltage environment. Therefore, the SiC discrete device market is expected to grow at a significant CAGR during the forecast period.
The market in RoW is expected to grow at the highest CAGR because of the growing telecom industry in South American countries is leading to the rise in silicon carbide devices in the region. RF devices are also playing a significant role in the growth of the silicon carbide market in the region.
The major players in the silicon carbide market include Infineon Technologies AG (Germany), CREE Inc. (Wolfspeed) (US), ROHM Semiconductor (Japan), STMicroelectronics N.V. (Switzerland), ON Semiconductor (US), United Silicon Carbide, Inc. (US), General Electric (US), GeneSiC Semiconductor Inc. (US), Fuji Electric Co., Ltd. (Japan), and Renesas Electronics Corporation (Japan). Most of the leading companies have followed the organic strategy of product launches to boost the revenue of the company.
The silicon carbide market has been segmented on the basis of wafer size, application, vertical, and devices that include SiC discrete devices and SiC bare die. The study covers silicon carbide applications such as RF device and cellular base station, power grid device, flexible AC transmission systems (FACTS), high-voltage, direct current (HVDC), power supply and inverter, lighting control, industrial motor drive, flame detector, EV motor drive, EV charging, electronic combat system, wind energy, solar energy, and others. The report also forecasts the market size for various segments with regard to 4 main regions-Americas, Europe, APAC, and RoW.
The report would help the market leaders/new entrants in this market in the following ways:
Top 25 companies analyzed for this study are - Infineon Technologies AG; CREE Inc. (WolfSpeed); ROHM Semiconductor; STMicroelectronics N.V.; ON Semiconductor; Toshiba Corporation; General Electric; Saint-Gobain Silicon Carbide; Fuji Electric Co., Ltd.;Renesas Electronics Corporation; Dow Corning Corporation; GeneSiC Semiconductor Inc.; Global Power Technologies Group; TanKeBlue Semiconductor Co. Ltd.; Microsemi Corporation; Central Semiconductor Corporation; Sanken Electric Co.,Ltd.; Bruckewell Technology Corporation; PileGrowth Tech s.r.l; Ascatron AB; Monolith Semiconductor Inc.; Graphensic AB; BASiC 3C, Inc.; Norstel AB; United Silicon Carbide, Inc.
*Details on Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View might not be captured in case of unlisted companies.