Sic & Gan Power Semiconductor Is Expected To Grow At A Significant CAGR Of Around 22.9% By 2032

PRESS RELEASE
Published April 21, 2023

In 2022, the market for SiC & GaN power semiconductors is anticipated to reach US$ 884 million. By 2032, the market for SiC & GaN power semiconductor devices is expected to exceed its current value of US$6,954 million. During the forecast period of 2022–2032, a phenomenal growth rate of 22.9% is predicted for the demand for these discrete electronic components.

According to the current global semiconductor market situation, SiC & GaN power semiconductors account for less than 1% of the market. Fact.MR stands for market research and provider of competitive intelligence.

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The all-inclusive SiC & GaN Power Semiconductor market report is a complete study of the market briefing on the market status in the forecast period of 2022-2032. This analysis gives an examination of various segments that are relied upon to witness the quickest development amid the estimated forecast frames and important industry trends, market size, and market share appraisals mentioned in the later part of this report. SiC & GaN Power Semiconductor market study also analyses the market status, growth rate, future trends, market drivers, opportunities and challenges, risks, and entry barriers in relation to the concerned market.

Sample includes:

1. A brief introduction to the research report.         

2. Graphical introduction of the regional analysis.

3. Top players in the market with their revenue analysis.

4. Selected illustrations of market insights and trends.

5. Example pages from the report.

The Major Companies Covered

·         VisIC Technologies Ltd

·         Panasonic Corporation

·         NXP Semiconductors N.V.

·         GaN Systems Inc.

·         Exagan S.A.S

·         Cambridge Electronics

·         Avogy, Inc.

·         Vincotech GmbH

·         United Silicon Carbide Inc.

·         STMicroelectronics N.V.

·         Raytheon Company

·         Genesic semiconductor Inc

·         Transform, Inc.

·         Alpha & Omega Semiconductor

·         Renesas Electronics

·         SEMIKRON International GmbH

·         Danfoss A/S

·         Microsemi Corporation

Regional Analysis of Market:

From a geographic segmentation perspective, the report focuses on the regions that have a material and significant effect on the overall market value. The broad level coverage of the report includes the regions and key countries within the regions of Global, North America, Europe, APAC, MEA

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SiC & GaN Power Semiconductor Market Key Segments

  • By Material Type
    • SiC
    • GaN
  • By Component
    • SiC Power Modules
    • GaN Power Modules
    • Discrete SiC Power Devices
    • Discrete GaN Power Devices
  • By Application
    • Power Supplies
    • Wireless Charging
    • Power Storage
    • Hybrid and EV Components
    • HEV Charging Equipment
    • Motor Drives
    • PV Inverter
    • Traction Motor Components

Key Aspects of Market Report Indicated:

1. Executive Summary

2. Research Methodology

3. Assumptions and Acronyms Used

4. Market Overview

5. Global SiC & GaN Power Semiconductor Market Analysis and Forecast, by Applications

6. Global SiC & GaN Power Semiconductor Market Analysis and Forecast, by Types

7. Global SiC & GaN Power Semiconductor Market Analysis and Forecast, by Regions

8. Latin America Market Analysis and Forecast

9. North America Market Analysis and Forecast

10. Asia Pacific Market Analysis and Forecast

11. The Middle East & Africa Market Analysis and Forecast

12. Europe Market Analysis and Forecast

13. Competition Landscape

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