Energy & Mining

Silicon carbide Power Semiconductor Market Valuable Growth Prospects, Top Players, Key Country Analysis, Trends and Forecast till 2023

SiC Power Semiconductor Market Report Information: By Device SiC Discrete Devices, MOSFET, Diode, Module, SiC Bare Die Devices), Wafer Size (2-inch, 4-inch, 6-inch and above), Application (RF Devices & Cellular Base Stations, Power Supply & Inverter, Power Grids, EV Motors, Industrial Motor Drives, Railway Traction), End User (Telecommunication, Energy & Power, Automotive, Industrial, Electronics), by Region – Global Forecast 2023

Market analysis
Silicon carbide or SiC is a type of compound semiconductor which is favored to a great extent across different industry verticals inferable from various performance benefits offered by them. Properties, for example, higher critical electrical field, higher thermal conductivity, higher operating temperature, and others over its traditional silicon (Si) partner guarantee application in different high-performance frameworks. The developing necessity for improved power management frameworks in hybrid electric vehicles invigorates the development of the market. Then again, high wafer cost associated with the creation of SiC power semiconductors and complexities identified with configuration is probably going to obstruct the development of the market during the estimated period. The SiC Power Semiconductor Market would grow at a CAGR of 26.3% attaining the valuation of USD 1,359.2 Mn by the end of the forecast period 2018-2023.

Market segmentation 
Based on its device, the SiC Power Semiconductor Market is segmented into MOSFET, SiC discrete devices, module, diode, SiC bare die devices. On the basis of its wafer size, the market is bifurcated into 2-inch, 4-inch and 6-inch and above. Based on its application, the market is segmented as Power Supply & Inverter, RF Devices & Cellular Base Stations, Industrial Motor Drives, Power Grids, Railway Traction, EV Motors, Others. Based on its end-user, the market is classified into Energy & Power, Telecommunication, Industrial, Electronics, Automotive, Others.

Regional analysis
Geographically, the SiC Power Semiconductor Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players 
Mitsubishi Electric Corporation, STMicroelectronics NV, Cree Inc., Infineon Technologies AG, ON Semiconductor, and Others are the key players in the global SiC power semiconductor market.

Table of Contents:

1 Executive Summary 
1.1 Prologue
2 Market Introduction 
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Forecast Model
4 Market Dynamics 
4.1 Introduction
4.2 Drivers
4.2.1 Increase in Demand for SiC Power Semiconductor due to Advantages Such as High Thermal Conductivity
4.2.2 Increase in Demand of Power Electronics Modules Across Various Industry Verticals
4.2.3 Rise in Installation of Solar Photovoltaic Panels for Electricity Generation
4.2.4 Drivers Impact Analysis
4.3 Restraints
4.3.1 Design Complexity and High Cost of SiC MOSFET
4.3.2 Availability of GaN as a Substitute for SiC
4.3.3 Restraints Impact Analysis
4.4 Opportunities
4.4.1 Introduction of Fifth-Generation (5G) Mobile Communication
4.4.2 Rising Adoption of Electric Vehicles
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Raw Material Suppliers
5.1.2 SiC Wafer/Substrate Manufacturers
5.1.3 System Integrators/Assemblers
5.1.4 Distributors/Value-Added Resellers (VARs)
5.1.5 End-Users
5.2 Porter’s Five Forces Model
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Suppliers
5.2.3 Threat of Substitutes
5.2.4 Bargaining Power of Buyers
5.2.5 Intensity of Rivalry
6 Market Alerts
6.1 Impact Analysis of Emerging Technology
7 Global SiC Power Semiconductor Market, By Device
7.1 Overview
7.1.1 SiC Discrete Devices
7.1.1.1 MOSFET

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