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SiC and GaN Power Semiconductor-Global Market Insights and Sales Trends 2025

SiC and GaN Power Semiconductor-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1870335

No of Pages : 101

Synopsis
Silicon carbide (SiC) and gallium nitride (GaN) are two leading-edge semiconductor materials with key benefits including higher voltage operation, wider temperature ranges and increased switching frequencies when compared to existing silicon (Si) technology. The solid benefits that SiC and GaN deliver include significant efficiency gains through miniaturization advancements, decreased cooling requirements and lower overall system costs by as much as 10-20% over traditional Si materials.A power semiconductor device is a semiconductor device used as a switch or rectifier in power electronics (for example in a switch-mode power supply). Such a device is also called a power device or, when used in an integrated circuit, a power IC.
The global SiC and GaN Power Semiconductor market size is expected to reach US$ 2399.7 million by 2029, growing at a CAGR of 16.7% from 2023 to 2029. The market is mainly driven by the significant applications of SiC and GaN Power Semiconductor in various end use industries. The expanding demands from the IT & Telecom, Aerospace & Defense, Energy & Power and Electronics, are propelling SiC and GaN Power Semiconductor market. SiC, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the GaN segment is estimated at % CAGR for the next seven-year period.
According to our Semiconductor Research Center, in 2022, the global SiC wafer was valued at US$ 750 million, will grow rapidly in next six years, driven by the strong demand from electric vehicle (EV). Currently the 6 inch SiC substrates are dominating this market, and in next six years, more players will put into production the 8 inch SiC wafers. Currently the key players of SiC are mainly located headquartered United States, Europe, Japan and China, especially in China, more companies are entering the SiC market. It is predicted that, Chinese companies will play key roles in the SiC market in next ten years.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for SiC and GaN Power Semiconductor, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global SiC and GaN Power Semiconductor market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global SiC and GaN Power Semiconductor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, SiC and GaN Power Semiconductor sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of SiC and GaN Power Semiconductor covered in this report include Infineon, CREE (Wolfspeed), Roma Semiconductor Group, STMicroelectronics, ON Semiconductor, Mitsubishi Electric, Fuji Electric, Littelfuse and Global Power Technology Co., Ltd., etc.
The global SiC and GaN Power Semiconductor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Infineon
CREE (Wolfspeed)
Roma Semiconductor Group
STMicroelectronics
ON Semiconductor
Mitsubishi Electric
Fuji Electric
Littelfuse
Global Power Technology Co., Ltd.
Shenzhen Basic Semiconductor Co., Ltd.
Global SiC and GaN Power Semiconductor market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global SiC and GaN Power Semiconductor market, Segment by Type:
SiC
GaN
Global SiC and GaN Power Semiconductor market, by Application
IT & Telecom
Aerospace & Defense
Energy & Power
Electronics
Automotive
Healthcare
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of SiC and GaN Power Semiconductor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of SiC and GaN Power Semiconductor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 SiC and GaN Power Semiconductor Market Overview
1.1 SiC and GaN Power Semiconductor Product Overview
1.2 SiC and GaN Power Semiconductor Market Segment by Type
1.2.1 SiC
1.2.2 GaN
1.3 Global SiC and GaN Power Semiconductor Market Size by Type
1.3.1 Global SiC and GaN Power Semiconductor Market Size Overview by Type (2018-2029)
1.3.2 Global SiC and GaN Power Semiconductor Historic Market Size Review by Type (2018-2023)
1.3.3 Global SiC and GaN Power Semiconductor Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America SiC and GaN Power Semiconductor Sales Breakdown by Type (2018-2023)
1.4.2 Europe SiC and GaN Power Semiconductor Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific SiC and GaN Power Semiconductor Sales Breakdown by Type (2018-2023)
1.4.4 Latin America SiC and GaN Power Semiconductor Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa SiC and GaN Power Semiconductor Sales Breakdown by Type (2018-2023)
2 Global SiC and GaN Power Semiconductor Market Competition by Company
2.1 Global Top Players by SiC and GaN Power Semiconductor Sales (2018-2023)
2.2 Global Top Players by SiC and GaN Power Semiconductor Revenue (2018-2023)
2.3 Global Top Players by SiC and GaN Power Semiconductor Price (2018-2023)
2.4 Global Top Manufacturers SiC and GaN Power Semiconductor Manufacturing Base Distribution, Sales Area, Product Type
2.5 SiC and GaN Power Semiconductor Market Competitive Situation and Trends
2.5.1 SiC and GaN Power Semiconductor Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by SiC and GaN Power Semiconductor Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in SiC and GaN Power Semiconductor as of 2022)
2.7 Date of Key Manufacturers Enter into SiC and GaN Power Semiconductor Market
2.8 Key Manufacturers SiC and GaN Power Semiconductor Product Offered
2.9 Mergers & Acquisitions, Expansion
3 SiC and GaN Power Semiconductor Status and Outlook by Region
3.1 Global SiC and GaN Power Semiconductor Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global SiC and GaN Power Semiconductor Historic Market Size by Region
3.2.1 Global SiC and GaN Power Semiconductor Sales in Volume by Region (2018-2023)
3.2.2 Global SiC and GaN Power Semiconductor Sales in Value by Region (2018-2023)
3.2.3 Global SiC and GaN Power Semiconductor Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global SiC and GaN Power Semiconductor Forecasted Market Size by Region
3.3.1 Global SiC and GaN Power Semiconductor Sales in Volume by Region (2024-2029)
3.3.2 Global SiC and GaN Power Semiconductor Sales in Value by Region (2024-2029)
3.3.3 Global SiC and GaN Power Semiconductor Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global SiC and GaN Power Semiconductor by Application
4.1 SiC and GaN Power Semiconductor Market Segment by Application
4.1.1 IT & Telecom
4.1.2 Aerospace & Defense
4.1.3 Energy & Power
4.1.4 Electronics
4.1.5 Automotive
4.1.6 Healthcare
4.1.7 Others
4.2 Global SiC and GaN Power Semiconductor Market Size by Application
4.2.1 Global SiC and GaN Power Semiconductor Market Size Overview by Application (2018-2029)
4.2.2 Global SiC and GaN Power Semiconductor Historic Market Size Review by Application (2018-2023)
4.2.3 Global SiC and GaN Power Semiconductor Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America SiC and GaN Power Semiconductor Sales Breakdown by Application (2018-2023)
4.3.2 Europe SiC and GaN Power Semiconductor Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific SiC and GaN Power Semiconductor Sales Breakdown by Application (2018-2023)
4.3.4 Latin America SiC and GaN Power Semiconductor Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa SiC and GaN Power Semiconductor Sales Breakdown by Application (2018-2023)
5 North America SiC and GaN Power Semiconductor by Country
5.1 North America SiC and GaN Power Semiconductor Historic Market Size by Country
5.1.1 North America SiC and GaN Power Semiconductor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America SiC and GaN Power Semiconductor Sales in Volume by Country (2018-2023)
5.1.3 North America SiC and GaN Power Semiconductor Sales in Value by Country (2018-2023)
5.2 North America SiC and GaN Power Semiconductor Forecasted Market Size by Country
5.2.1 North America SiC and GaN Power Semiconductor Sales in Volume by Country (2024-2029)
5.2.2 North America SiC and GaN Power Semiconductor Sales in Value by Country (2024-2029)
6 Europe SiC and GaN Power Semiconductor by Country
6.1 Europe SiC and GaN Power Semiconductor Historic Market Size by Country
6.1.1 Europe SiC and GaN Power Semiconductor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe SiC and GaN Power Semiconductor Sales in Volume by Country (2018-2023)
6.1.3 Europe SiC and GaN Power Semiconductor Sales in Value by Country (2018-2023)
6.2 Europe SiC and GaN Power Semiconductor Forecasted Market Size by Country
6.2.1 Europe SiC and GaN Power Semiconductor Sales in Volume by Country (2024-2029)
6.2.2 Europe SiC and GaN Power Semiconductor Sales in Value by Country (2024-2029)
7 Asia-Pacific SiC and GaN Power Semiconductor by Region
7.1 Asia-Pacific SiC and GaN Power Semiconductor Historic Market Size by Region
7.1.1 Asia-Pacific SiC and GaN Power Semiconductor Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific SiC and GaN Power Semiconductor Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific SiC and GaN Power Semiconductor Sales in Value by Region (2018-2023)
7.2 Asia-Pacific SiC and GaN Power Semiconductor Forecasted Market Size by Region
7.2.1 Asia-Pacific SiC and GaN Power Semiconductor Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific SiC and GaN Power Semiconductor Sales in Value by Region (2024-2029)
8 Latin America SiC and GaN Power Semiconductor by Country
8.1 Latin America SiC and GaN Power Semiconductor Historic Market Size by Country
8.1.1 Latin America SiC and GaN Power Semiconductor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America SiC and GaN Power Semiconductor Sales in Volume by Country (2018-2023)
8.1.3 Latin America SiC and GaN Power Semiconductor Sales in Value by Country (2018-2023)
8.2 Latin America SiC and GaN Power Semiconductor Forecasted Market Size by Country
8.2.1 Latin America SiC and GaN Power Semiconductor Sales in Volume by Country (2024-2029)
8.2.2 Latin America SiC and GaN Power Semiconductor Sales in Value by Country (2024-2029)
9 Middle East and Africa SiC and GaN Power Semiconductor by Country
9.1 Middle East and Africa SiC and GaN Power Semiconductor Historic Market Size by Country
9.1.1 Middle East and Africa SiC and GaN Power Semiconductor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa SiC and GaN Power Semiconductor Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa SiC and GaN Power Semiconductor Sales in Value by Country (2018-2023)
9.2 Middle East and Africa SiC and GaN Power Semiconductor Forecasted Market Size by Country
9.2.1 Middle East and Africa SiC and GaN Power Semiconductor Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa SiC and GaN Power Semiconductor Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Infineon
10.1.1 Infineon Company Information
10.1.2 Infineon Introduction and Business Overview
10.1.3 Infineon SiC and GaN Power Semiconductor Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Infineon SiC and GaN Power Semiconductor Products Offered
10.1.5 Infineon Recent Development
10.2 CREE (Wolfspeed)
10.2.1 CREE (Wolfspeed) Company Information
10.2.2 CREE (Wolfspeed) Introduction and Business Overview
10.2.3 CREE (Wolfspeed) SiC and GaN Power Semiconductor Sales, Revenue and Gross Margin (2018-2023)
10.2.4 CREE (Wolfspeed) SiC and GaN Power Semiconductor Products Offered
10.2.5 CREE (Wolfspeed) Recent Development
10.3 Roma Semiconductor Group
10.3.1 Roma Semiconductor Group Company Information
10.3.2 Roma Semiconductor Group Introduction and Business Overview
10.3.3 Roma Semiconductor Group SiC and GaN Power Semiconductor Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Roma Semiconductor Group SiC and GaN Power Semiconductor Products Offered
10.3.5 Roma Semiconductor Group Recent Development
10.4 STMicroelectronics
10.4.1 STMicroelectronics Company Information
10.4.2 STMicroelectronics Introduction and Business Overview
10.4.3 STMicroelectronics SiC and GaN Power Semiconductor Sales, Revenue and Gross Margin (2018-2023)
10.4.4 STMicroelectronics SiC and GaN Power Semiconductor Products Offered
10.4.5 STMicroelectronics Recent Development
10.5 ON Semiconductor
10.5.1 ON Semiconductor Company Information
10.5.2 ON Semiconductor Introduction and Business Overview
10.5.3 ON Semiconductor SiC and GaN Power Semiconductor Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ON Semiconductor SiC and GaN Power Semiconductor Products Offered
10.5.5 ON Semiconductor Recent Development
10.6 Mitsubishi Electric
10.6.1 Mitsubishi Electric Company Information
10.6.2 Mitsubishi Electric Introduction and Business Overview
10.6.3 Mitsubishi Electric SiC and GaN Power Semiconductor Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mitsubishi Electric SiC and GaN Power Semiconductor Products Offered
10.6.5 Mitsubishi Electric Recent Development
10.7 Fuji Electric
10.7.1 Fuji Electric Company Information
10.7.2 Fuji Electric Introduction and Business Overview
10.7.3 Fuji Electric SiC and GaN Power Semiconductor Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Fuji Electric SiC and GaN Power Semiconductor Products Offered
10.7.5 Fuji Electric Recent Development
10.8 Littelfuse
10.8.1 Littelfuse Company Information
10.8.2 Littelfuse Introduction and Business Overview
10.8.3 Littelfuse SiC and GaN Power Semiconductor Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Littelfuse SiC and GaN Power Semiconductor Products Offered
10.8.5 Littelfuse Recent Development
10.9 Global Power Technology Co., Ltd.
10.9.1 Global Power Technology Co., Ltd. Company Information
10.9.2 Global Power Technology Co., Ltd. Introduction and Business Overview
10.9.3 Global Power Technology Co., Ltd. SiC and GaN Power Semiconductor Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Global Power Technology Co., Ltd. SiC and GaN Power Semiconductor Products Offered
10.9.5 Global Power Technology Co., Ltd. Recent Development
10.10 Shenzhen Basic Semiconductor Co., Ltd.
10.10.1 Shenzhen Basic Semiconductor Co., Ltd. Company Information
10.10.2 Shenzhen Basic Semiconductor Co., Ltd. Introduction and Business Overview
10.10.3 Shenzhen Basic Semiconductor Co., Ltd. SiC and GaN Power Semiconductor Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Shenzhen Basic Semiconductor Co., Ltd. SiC and GaN Power Semiconductor Products Offered
10.10.5 Shenzhen Basic Semiconductor Co., Ltd. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 SiC and GaN Power Semiconductor Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 SiC and GaN Power Semiconductor Industrial Chain Analysis
11.4 SiC and GaN Power Semiconductor Market Dynamics
11.4.1 SiC and GaN Power Semiconductor Industry Trends
11.4.2 SiC and GaN Power Semiconductor Market Drivers
11.4.3 SiC and GaN Power Semiconductor Market Challenges
11.4.4 SiC and GaN Power Semiconductor Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 SiC and GaN Power Semiconductor Distributors
12.3 SiC and GaN Power Semiconductor Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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