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SiC Based Power Electronic Market, Global Outlook and Forecast 2025-2032

The global SiC Based Power Electronic market was valued at 3845 million in 2024 and is projected to reach US$ 13630 million by 2032, at a CAGR of 20.3% during the forecast period.

This report studies SiC Based Power Electronic, including SiC MOSFET Module, SiC MOSFET Discrete and SiC diode.

Silicon carbide MOSFETs have the characteristics of low on-resistance and small switching losses, which can reduce device losses and improve system efficiency, and are more suitable for high-frequency circuits. It is widely used in the fields of new energy vehicle motor controller, vehicle power supply, solar inverter, charging pile, UPS, PFC power supply and other fields.

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A silicon carbide (SiC) schottky diode is a semiconductor diode formed by the junction of a semiconductor with a metal. SiC Schottky barrier diodes have a much lower reverse leakage current than their Si counterparts and also a higher forward voltage. They significantly reduce losses and can therefore be used to increase system efficiency and reduce product size.

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Automotive is the largest market of silicon carbide (SiC) power devices, driven by demand from China, UAS, EU, and Japan. China is one of the worldÂ’s largest automotive markets, and its growth potential remains high. In particular, high rates of growth for electric-powered vehicles make China one of the largest markets for electromobility.

Global new energy vehicles continue to grow rapidly. In 2023, the total sales of new energy vehicles in the world reached 14.65 million, a simultaneous increase of 35.4%. Among them, China's new energy vehicle sales reached 9.495 million, accounting for 64.8% of global sales. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. In 2023, the sales of new energy vehicles in the United States and Europe were 2.94 million and 1.46 million respectively, with year-on-year growth rates of 18.3% and 48.0% respectively.

We havesurveyed the SiC Based Power Electronic manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks

This report aims to provide a comprehensive presentation of the global market for SiC Based Power Electronic, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SiC Based Power Electronic. This report contains market size and forecasts of SiC Based Power Electronic in global, including the following market information:

Global SiC Based Power Electronic market revenue, 2020-2025, 2026-2032, ($ millions)

Global SiC Based Power Electronic market sales, 2020-2025, 2026-2032, (K Units)

Global top five SiC Based Power Electronic companies in 2024 (%)

Total Market by Segment:

Global SiC Based Power Electronic market, by Type, 2020-2025, 2026-2032 ($ millions) & (K Units)

Global SiC Based Power Electronic market segment percentages, by Type, 2024 (%)

SiC MOSFET Modules

SiC MOSFET Discrete

SiC SBD

Others (SiC JFETs & FETs)

Global SiC Based Power Electronic market, by Application, 2020-2025, 2026-2032 ($ Millions) & (K Units)

Global SiC Based Power Electronic market segment percentages, by Application, 2024 (%)

Automotive & EV/HEV

EV Charging

Industrial Motor/Drive

PV, Energy Storage, Wind Power

UPS, Data Center & Server

Rail Transport

Others

Global SiC Based Power Electronic market, by region and country, 2020-2025, 2026-2032 ($ millions) & (K Units)

Global SiC Based Power Electronic market segment percentages, by region and country, 2024 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies SiC Based Power Electronic revenues in global market, 2020-2025 (estimated), ($ millions)

Key companies SiC Based Power Electronic revenues share in global market, 2024 (%)

Key companies SiC Based Power Electronic sales in global market, 2020-2025 (estimated), (K Units)

Key companies SiC Based Power Electronic sales share in global market, 2024 (%)

Further, the report presents profiles of competitors in the market, key players include:

STMicroelectronics

Infineon

Wolfspeed

Rohm

onsemi

BYD Semiconductor

Microchip (Microsemi)

Mitsubishi Electric (Vincotech)

Semikron Danfoss

Fuji Electric

Navitas (GeneSiC)

Toshiba

Qorvo (UnitedSiC)

San'an Optoelectronics

Littelfuse (IXYS)

CETC 55

WeEn Semiconductors

BASiC Semiconductor

SemiQ

Diodes Incorporated

SanRex

Alpha & Omega Semiconductor

Bosch

KEC Corporation

PANJIT Group

Nexperia

Vishay Intertechnology

Zhuzhou CRRC Times Electric

China Resources Microelectronics Limited

StarPower

Yangzhou Yangjie Electronic Technology

Guangdong AccoPower Semiconductor

Changzhou Galaxy Century Microelectronics

Hangzhou Silan Microelectronics

Cissoid

SK powertech

InventChip Technology

Hebei Sinopack Electronic Technology

Oriental Semiconductor

Jilin Sino-Microelectronics

PN Junction Semiconductor (Hangzhou)

United Nova Technology

Outline of Major Chapters:

Chapter 1: Introduces the definition of SiC Based Power Electronic, market overview.

Chapter 2: Global SiC Based Power Electronic market size in revenue and volume.

Chapter 3: Detailed analysis of SiC Based Power Electronic manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of SiC Based Power Electronic in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global SiC Based Power Electronic capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports
1.1 SiC Based Power Electronic Market Definition
1.2 Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
1.3 Global SiC Based Power Electronic Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global SiC Based Power Electronic Overall Market Size
2.1 Global SiC Based Power Electronic Market Size: 2024 VS 2032
2.2 Global SiC Based Power Electronic Market Size, Prospects & Forecasts: 2020-2032
2.3 Global SiC Based Power Electronic Sales: 2020-2032
3 Company Landscape
3.1 Top SiC Based Power Electronic Players in Global Market
3.2 Top Global SiC Based Power Electronic Companies Ranked by Revenue
3.3 Global SiC Based Power Electronic Revenue by Companies
3.4 Global SiC Based Power Electronic Sales by Companies
3.5 Global SiC Based Power Electronic Price by Manufacturer (2020-2025)
3.6 Top 3 and Top 5 SiC Based Power Electronic Companies in Global Market, by Revenue in 2024
3.7 Global Manufacturers SiC Based Power Electronic Product Type
3.8 Tier 1, Tier 2, and Tier 3 SiC Based Power Electronic Players in Global Market
3.8.1 List of Global Tier 1 SiC Based Power Electronic Companies
3.8.2 List of Global Tier 2 and Tier 3 SiC Based Power Electronic Companies
4 Sights by Product
4.1 Overview
4.1.1 Segment by Type - Global SiC Based Power Electronic Ma

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