Silicon Carbide Market by Device (SiC Discrete Device, SiC Module), Wafer Size (Up to 150mm, >150mm), End-use Application (Automotive, Energy & Power, Industrial, Transportation), Material, Crystal Structure and Region - Global Forecast to 2029
The silicon carbide market is projected to reach USD 17.2 billion by 2029 from USD 4.2 billion in 2024, at a CAGR of 32.6% from 2024 to 2029. The major factors driving the growth of silicon carbide market includes the increasing demand for power electronics, surging demand for renewable energy systems and growing number of initiatives and investments to encourage the adoption of SiC devices which is expected to provide several growth opportunities for market players in the silicon carbide market.
>150 mm segment is expected to witness the highest CAGR in the silicon carbide market during the forecast period
The >150 mm wafer size market is poised to exhibit the highest CAGR during the forecast period. These wafers are used across a spectrum of devices such as SiC MOSFETs and SiC modules, due to their 50% thinner profile as compared to standard silicon wafers. As these SiC wafers are engineered for high-volume production and applications that require elevated temperatures, they boast remarkable attributes such as high thermal conductivity, superior carrier mobility, and exceptional chemical stability. Therefore, >150 mm segment is expected to witness the highest CAGR during the forecast period.
Asia Pacific is expected to register the highest CAGR in the silicon carbide market during the forecast period
The presence of regional expanding scope of high-power applications presents significant revenue opportunities for power semiconductor devices in Asia Pacific, attracting numerous companies to commercialize silicon carbide semiconductor devices for various power applications. This expansion boosts the revenues of regional market players. Leading companies in the silicon carbide sector, such as ROHM Co., Ltd., Fuji Electric Co., Ltd., Renesas Electronics Corporation, Toshiba Corporation, and TanKeBlue Semiconductor Co. Ltd., are headquartered in Asia Pacific. Therefore, Asia Pacific is expected to register the highest CAGR in the silicon carbide market during the forecast period.
The break-up of profile of primary participants in the silicon carbide market-
Research Coverage
The report segments the silicon carbide market and forecasts its size based on device, wafer size, end-use application and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall silicon carbide market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
>150 mm segment is expected to witness the highest CAGR in the silicon carbide market during the forecast period
The >150 mm wafer size market is poised to exhibit the highest CAGR during the forecast period. These wafers are used across a spectrum of devices such as SiC MOSFETs and SiC modules, due to their 50% thinner profile as compared to standard silicon wafers. As these SiC wafers are engineered for high-volume production and applications that require elevated temperatures, they boast remarkable attributes such as high thermal conductivity, superior carrier mobility, and exceptional chemical stability. Therefore, >150 mm segment is expected to witness the highest CAGR during the forecast period.
Asia Pacific is expected to register the highest CAGR in the silicon carbide market during the forecast period
The presence of regional expanding scope of high-power applications presents significant revenue opportunities for power semiconductor devices in Asia Pacific, attracting numerous companies to commercialize silicon carbide semiconductor devices for various power applications. This expansion boosts the revenues of regional market players. Leading companies in the silicon carbide sector, such as ROHM Co., Ltd., Fuji Electric Co., Ltd., Renesas Electronics Corporation, Toshiba Corporation, and TanKeBlue Semiconductor Co. Ltd., are headquartered in Asia Pacific. Therefore, Asia Pacific is expected to register the highest CAGR in the silicon carbide market during the forecast period.
The break-up of profile of primary participants in the silicon carbide market-
- By Company Type: Tier 1 – 35%, Tier 2 – 45%, Tier 3 – 20%
- By Designation Type: C Level – 40%, Director Level – 30%, Others – 30%
- By Region Type: North America – 30%, Europe – 20%, Asia Pacific – 40%, Rest of the World (RoW) – 10%
Research Coverage
The report segments the silicon carbide market and forecasts its size based on device, wafer size, end-use application and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall silicon carbide market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (increasing demand for power electronics, surging demand for renewable energy systems, growing number of initiatives and investments to encourage the adoption of SiC devices), restraints (high efficacy of alternative technologies for power electronics), opportunities (ongoing advancements towards the quality of SiC substrate and epitaxy), and challenges (material defects and designing and packaging issues in SiC devices) influencing the growth of the silicon carbide market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the silicon carbide market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the silicon carbide market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the silicon carbide market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like STMicroelectronics N.V. (Switzerland), Infineon Technologies AG (Germany), Semiconductor Components Industries, LLC (US), WOLFSPEED, INC. (US), and ROHM Co., Ltd. (Japan)
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.1.1 Company: Inclusions and exclusions
1.3.1.2 Device: Inclusions and exclusions
1.3.1.3 Wafer size: Inclusions and exclusions
1.3.1.4 Vertical: Inclusions and exclusions
1.3.1.5 Region: Inclusions and exclusions
1.3.2 MARKETS COVERED
FIGURE 1 SIC MARKET SEGMENTATION
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 SIC MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 List of primary interview participants
2.1.2.2 Breakdown of primaries
2.1.2.3 Key industry insights
2.1.2.4 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
FIGURE 3 MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 FACTOR ANALYSIS
2.3.1 SUPPLY-SIDE ANALYSIS
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 1)
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 2)
2.4 MARKET GROWTH ASSUMPTIONS
TABLE 1 SIC MARKET: GROWTH ASSUMPTIONS
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON SIC MARKET
2.6 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.7 RESEARCH ASSUMPTIONS
2.8 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 9 SIC MARKET: GLOBAL SNAPSHOT
FIGURE 10 SIC MODULE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 11 >150 MM SEGMENT TO RECORD HIGHER GROWTH RATE DURING FORECAST PERIOD
FIGURE 12 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
FIGURE 13 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SIC MARKET
FIGURE 14 GROWING DEMAND FOR EVS AND RENEWABLE ENERGY SYSTEMS TO DRIVE MARKET
4.2 SIC MARKET, BY VERTICAL
FIGURE 15 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING IN 2024
4.3 SIC MARKET, BY DEVICE
FIGURE 16 SIC MODULES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
4.4 SIC MARKET, BY WAFER SIZE
FIGURE 17 UP TO 150 MM SEGMENT TO SECURE LARGER MARKET SHARE IN 2029
4.5 SIC MARKET IN ASIA PACIFIC, BY VERTICAL AND COUNTRY, 2024
FIGURE 18 AUTOMOTIVE SEGMENT AND CHINA TO ACCOUNT FOR LARGEST ASIA PACIFIC MARKET SHARES
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 SIC MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Growing deployment of SiC devices in EVs
FIGURE 20 GLOBAL SALES OF EVS, 2019–2021
5.2.1.2 Increasing demand for power electronics
5.2.1.3 Rising demand for renewable energy systems
FIGURE 21 GLOBAL SHARE OF RENEWABLE ENERGY GENERATION, 2022–2028
5.2.1.4 Increasing initiatives and investments in SiC devices
FIGURE 22 IMPACT ANALYSIS OF DRIVERS ON SIC MARKET
5.2.2 RESTRAINTS
5.2.2.1 High efficacy of alternative technologies for power electronics
5.2.2.2 High cost of SiC devices
FIGURE 23 IMPACT ANALYSIS OF RESTRAINTS ON SIC MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Growing adoption of SiC devices in telecommunications industry
5.2.3.2 Ongoing quality enhancements of SiC substrates and epitaxy processes
FIGURE 24 IMPACT ANALYSIS OF OPPORTUNITIES ON SIC MARKET
5.2.4 CHALLENGES
5.2.4.1 Material defects and designing and packaging issues in SiC devices
FIGURE 25 IMPACT ANALYSIS OF CHALLENGES ON SIC MARKET
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 26 SIC MARKET: SUPPLY CHAIN ANALYSIS
TABLE 2 SIC MARKET: SUPPLY CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 27 SIC MARKET: ECOSYSTEM ANALYSIS
5.5 INVESTMENT AND FUNDING SCENARIO
FIGURE 28 INVESTMENT AND FUNDING SCENARIO, 2019–2023
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 29 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 4th Gen SiC
5.7.1.2 8-inch SiC wafer
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 SiC-on-insulator (SiCOI)
5.7.2.2 SiC-on-GaN
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 Gallium nitride (GaN)
5.7.3.2 Indium gallium nitride (InGaN)
5.8 PRICING ANALYSIS
5.8.1 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS
FIGURE 30 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS
TABLE 3 AVERAGE SELLING PRICE OF SIC MOSFETS, SIC DIODES, AND SIC MODULES OFFERED BY KEY PLAYERS
5.8.2 AVERAGE SELLING PRICE TREND OF SIC DEVICES, BY TYPE
FIGURE 31 AVERAGE SELLING PRICE TREND OF SIC DEVICES, BY TYPE
5.8.3 AVERAGE SELLING PRICE TREND OF SIC DEVICES, BY REGION
FIGURE 32 AVERAGE SELLING PRICE TREND OF SIC MOSFETS, BY REGION
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP THREE VERTICALS
TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP THREE VERTICALS
5.9.2 BUYING CRITERIA
FIGURE 34 KEY BUYING CRITERIA OF TOP THREE VERTICALS
TABLE 5 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
5.10 PORTER’S FIVE FORCES ANALYSIS
TABLE 6 SIC MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 35 SIC MARKET: PORTER’S FIVE FORCES ANALYSIS, 2023
5.10.1 THREAT OF NEW ENTRANTS
5.10.2 THREAT OF SUBSTITUTES
5.10.3 BARGAINING POWER OF SUPPLIERS
5.10.4 BARGAINING POWER OF BUYERS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 CASE STUDY ANALYSIS
5.11.1 JAGUAR LAND ROVER INTEGRATED WOLFSPEED’S SIC DEVICES INTO EVS TO ENHANCE POWERTRAIN EFFICIENCY AND EXTEND DRIVING RANGE
5.11.2 BORGWARNER INC. DELIVERED INNOVATIVE AND SUSTAINABLE MOBILITY SOLUTIONS THROUGH INTEGRATION OF STMICROELECTRONICS’ SIC MOSFETS
5.11.3 AMPT’S DC STRING ENHANCED OPTIMIZERS BY INTEGRATING ONSEMI’S SIC MOSFET
5.11.4 DRIVING PERFORMANCE AND COST EFFICIENCY OF MERSEN’S SIC POWER STACK REFERENCE DESIGN
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO
TABLE 7 IMPORT DATA FOR HS CODE 284920-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 36 IMPORT DATA FOR HS CODE 284920-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022
5.12.2 EXPORT SCENARIO
TABLE 8 EXPORT DATA FOR HS CODE 284920- COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 37 EXPORT DATA FOR HS CODE 284920-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022
5.13 PATENT ANALYSIS
TABLE 9 NUMBER OF PATENTS GRANTED, JANUARY 2013–DECEMBER 2023
FIGURE 38 NUMBER OF PATENTS GRANTED, 2013–2023
FIGURE 39 TOP 10 COMPANIES WITH HIGHEST NUMBER OF GRANTED PATENTS, 2013–2023
TABLE 10 TOP 20 PATENT OWNERS IN LAST 10 YEARS
TABLE 11 MAJOR PATENTS RELATED TO SIC DEVICES
5.14 REGULATORY LANDSCAPE
5.14.1 GLOBAL STANDARDS
5.14.2 GOVERNMENT REGULATIONS
5.14.2.1 Asia Pacific
5.14.2.2 North America
5.14.2.3 Europe
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 12 SIC MARKET: KEY CONFERENCES AND EVENTS, 2024–2025
6 SIC MARKET, BY DEVICE
6.1 INTRODUCTION
FIGURE 40 SIC MODULES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 13 SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 14 SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
6.2 SIC DISCRETE DEVICES
6.2.1 INCREASING APPLICATIONS IN EVS AND 5G INFRASTRUCTURE TO DRIVE MARKET
6.2.2 SIC DIODES
6.2.2.1 Higher electrical and thermal conductivity than silicon variants to boost demand
6.2.3 SIC MOSFETS
6.2.3.1 Ability to function as power-switching transistors to boost demand
TABLE 15 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 16 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 17 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2020–2023 (MILLION UNITS)
TABLE 18 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2024–2029 (MILLION UNITS)
TABLE 19 SIC DISCRETE DEVICES: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 20 SIC DISCRETE DEVICES: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 21 SIC DISCRETE DEVICES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 22 SIC DISCRETE DEVICES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 23 SIC DISCRETE DEVICES: SIC MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 24 SIC DISCRETE DEVICES: SIC MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 25 SIC DISCRETE DEVICES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 26 SIC DISCRETE DEVICES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 27 SIC DISCRETE DEVICES: SIC MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION)
TABLE 28 SIC DISCRETE DEVICES: SIC MARKET IN ROW, BY REGION, 2024–2029 (USD MILLION)
6.3 SIC MODULES
6.3.1 REDUCED NEED FOR PASSIVE COMPONENTS AND SMALL SYSTEM FOOTPRINT TO ACCELERATE DEMAND
FIGURE 41 ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 29 SIC MODULES: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 30 SIC MODULES: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 31 SIC MODULES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 32 SIC MODULES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 33 SIC MODULES: SIC MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 34 SIC MODULES: SIC MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 35 SIC MODULES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 36 SIC MODULES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 37 SIC MODULES: SIC MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION)
TABLE 38 SIC MODULES: SIC MARKET IN ROW, BY REGION, 2024–2029 (USD MILLION)
7 SIC MARKET, BY WAFER SIZE
7.1 INTRODUCTION
FIGURE 42 >150 MM SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
TABLE 39 SIC MARKET, BY WAFER SIZE, 2020–2023 (USD MILLION)
TABLE 40 SIC MARKET, BY WAFER SIZE, 2024–2029 (USD MILLION)
7.2 UP TO 150 MM
7.2.1 GROWING DEPLOYMENT IN HIGH-FREQUENCY DEVICES TO FUEL MARKET GROWTH
7.3 >150 MM
7.3.1 ABILITY TO OFFER LARGE NUMBER OF DEVICES ON SINGLE WAFER TO DRIVE MARKET
8 CRYSTAL STRUCTURES OF SIC DEVICES
8.1 INTRODUCTION
8.2 ZINC BLENDE (3C-SIC)
8.3 WURTZITE (4H-SIC)
8.4 WURTZITE (6H-SIC)
8.5 RHOMBOHEDRAL (15R-SIC)
9 SIC MATERIAL TYPES
9.1 INTRODUCTION
9.2 GREEN SIC
9.3 BLACK SIC
10 SIC MARKET, BY VERTICAL
10.1 INTRODUCTION
FIGURE 43 AUTOMOTIVE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 41 SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 42 SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.2 AUTOMOTIVE
10.2.1 GROWING DEMAND FOR HIGH-PERFORMING OPTO-SEMICONDUCTOR DEVICES TO BOOST DEMAND
FIGURE 44 ASIA PACIFIC TO SECURE LARGEST MARKET SHARE IN 2029
TABLE 43 AUTOMOTIVE: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 44 AUTOMOTIVE: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
10.3 ENERGY & POWER
10.3.1 RAPID ADOPTION IN RENEWABLE ENERGY SYSTEMS TO ACCELERATE DEMAND
TABLE 45 ENERGY & POWER: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 46 ENERGY & POWER: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
10.4 INDUSTRIAL
10.4.1 GROWING USE IN ROBOTICS TO BOOST DEMAND
TABLE 47 INDUSTRIAL: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 48 INDUSTRIAL: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
10.5 TRANSPORTATION
10.5.1 EASE OF HEAT DISSIPATION DUE TO HIGH THERMAL CONDUCTIVITY TO DRIVE MARKET
10.5.2 CHARGING STATIONS
10.5.2.1 Fast charging with high power density to drive market
10.5.3 RAILS
10.5.3.1 Reduced power losses within rail modules to accelerate demand
TABLE 49 TRANSPORTATION: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 50 TRANSPORTATION: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
10.6 TELECOMMUNICATIONS
10.6.1 RISING ADOPTION IN 5G WIRELESS COMMUNICATION TO DRIVE MARKET
TABLE 51 TELECOMMUNICATIONS: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 52 TELECOMMUNICATIONS: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
10.7 OTHERS
TABLE 53 OTHERS: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 54 OTHERS: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
11 SIC MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 45 CHINA TO REGISTER HIGHEST CAGR IN GLOBAL SIC MARKET DURING FORECAST PERIOD
TABLE 55 SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 56 SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 46 NORTH AMERICA: SIC MARKET SNAPSHOT
TABLE 57 NORTH AMERICA: SIC MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 58 NORTH AMERICA: SIC MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 59 NORTH AMERICA: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 60 NORTH AMERICA: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 61 NORTH AMERICA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 62 NORTH AMERICA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.2.2 US
11.2.2.1 Growing demand for EVs and charging stations to drive market
TABLE 63 US: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 64 US: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.2.3 CANADA
11.2.3.1 Government initiatives toward clean technology to increase demand for EVs and drive market
TABLE 65 CANADA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 66 CANADA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.2.4 MEXICO
11.2.4.1 Increasing number of manufacturing facilities and expanding distribution network of SiC device manufacturers to drive market
TABLE 67 MEXICO: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 68 MEXICO: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.3 EUROPE
11.3.1 EUROPE: RECESSION IMPACT
FIGURE 47 EUROPE: SIC MARKET SNAPSHOT
TABLE 69 EUROPE: SIC MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 70 EUROPE: SIC MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 71 EUROPE: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 72 EUROPE: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 73 EUROPE: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 74 EUROPE: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.3.2 UK
11.3.2.1 Growing adoption of connected and autonomous vehicles (CAVs) to drive market
TABLE 75 UK: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 76 UK: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.3.3 GERMANY
11.3.3.1 Increasing applications in power supplies, EV motor drives, and charging stations to drive market
TABLE 77 GERMANY: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 78 GERMANY: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.3.4 FRANCE
11.3.4.1 Surging adoption of renewable energy systems to drive market
TABLE 79 FRANCE: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 80 FRANCE: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.3.5 REST OF EUROPE
TABLE 81 REST OF EUROPE: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 82 REST OF EUROPE: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 48 ASIA PACIFIC: SIC MARKET SNAPSHOT
TABLE 83 ASIA PACIFIC: SIC MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 84 ASIA PACIFIC: SIC MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 85 ASIA PACIFIC: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 86 ASIA PACIFIC: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 87 ASIA PACIFIC: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 88 ASIA PACIFIC: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.4.2 CHINA
11.4.2.1 Thriving power electronics industry to fuel market growth
TABLE 89 CHINA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 90 CHINA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.4.3 JAPAN
11.4.3.1 Increased R&D activities in industrial, automotive, and telecommunications verticals to boost demand
TABLE 91 JAPAN: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 92 JAPAN: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.4.4 SOUTH KOREA
11.4.4.1 Growing demand for consumer electronics to drive adoption
TABLE 93 SOUTH KOREA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 94 SOUTH KOREA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.4.5 REST OF ASIA PACIFIC
TABLE 95 REST OF ASIA PACIFIC: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 96 REST OF ASIA PACIFIC: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.5 ROW
11.5.1 ROW: RECESSION IMPACT
TABLE 97 ROW: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 98 ROW: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 99 ROW: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 100 ROW: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 101 ROW: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 102 ROW: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.5.2 MIDDLE EAST & AFRICA
11.5.2.1 Increasing adoption in renewable energy systems to drive market
11.5.2.2 GCC Countries
11.5.2.2.1 Increasing investments in semiconductor industry to boost demand
11.5.2.3 Rest of Middle East & Africa
TABLE 103 MIDDLE EAST & AFRICA: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 104 MIDDLE EAST & AFRICA: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 105 MIDDLE EAST & AFRICA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 106 MIDDLE EAST & AFRICA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.5.3 SOUTH AMERICA
11.5.3.1 Expanding telecommunications industry to boost demand
TABLE 107 SOUTH AMERICA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 108 SOUTH AMERICA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
TABLE 109 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
FIGURE 49 ORGANIC/INORGANIC STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
12.3 MARKET SHARE ANALYSIS, 2023
FIGURE 50 SIC MARKET: MARKET SHARE ANALYSIS, 2023
TABLE 110 SIC MARKET: DEGREE OF COMPETITION, 2023
12.4 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 51 SIC MARKET: COMPANY VALUATION, 2023
FIGURE 52 FINANCIAL METRICS (EV/EBITDA), 2024
12.5 BRAND/PRODUCT COMPARISON
FIGURE 53 SIC MARKET: BRAND/PRODUCT COMPARISON
12.6 REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023
FIGURE 54 SIC MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023 (USD BILLION)
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 55 SIC MARKET: COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.7.5.1 Overall footprint
FIGURE 56 OVERALL FOOTPRINT
12.7.5.2 Device footprint
TABLE 111 SIC MARKET: DEVICE FOOTPRINT
12.7.5.3 Wafersize footprint
TABLE 112 SIC MARKET: WAFER SIZE FOOTPRINT
12.7.5.4 Application footprint
TABLE 113 SIC MARKET: APPLICATION FOOTPRINT
12.7.5.5 Region footprint
TABLE 114 SIC MARKET: REGION FOOTPRINT
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 57 SIC MARKET: COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
12.8.5.1 List of key startups/SMEs
TABLE 115 SIC MARKET: LIST OF KEY STARTUPS/SMES, 2023
12.8.6 COMPANY FOOTPRINT: STARTUPS/SMES FOOTPRINT
12.8.6.1 Device footprint
TABLE 116 SIC MARKET: STARTUP/SME DEVICE FOOTPRINT
12.8.6.2 Wafer size footprint
TABLE 117 SIC MARKET: STARTUP/SME WAFER SIZE FOOTPRINT
12.8.6.3 Application footprint
TABLE 118 SIC MARKET: STARTUP/SME APPLICATION FOOTPRINT
12.8.6.4 Region footprint
TABLE 119 SIC MARKET: STARTUP/SME REGION FOOTPRINT
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 120 SIC MARKET: PRODUCT LAUNCHES, JUNE 2020–FEBRUARY 2024
12.9.2 DEALS
TABLE 121 SIC MARKET: DEALS, JUNE 2020–FEBRUARY 2024
12.9.3 OTHERS
TABLE 122 SIC MARKET: OTHERS, JUNE 2020 –FEBRUARY 2024
13 COMPANY PROFILES
13.1 INTRODUCTION
13.2 KEY PLAYERS
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
13.2.1 STMICROELECTRONICS
TABLE 123 STMICROELECTRONICS: COMPANY OVERVIEW
FIGURE 58 STMICROELECTRONICS: COMPANY SNAPSHOT
TABLE 124 STMICROELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 125 STMICROELECTRONICS: PRODUCT LAUNCHES
TABLE 126 STMICROELECTRONICS: DEALS
TABLE 127 STMICROELECTRONICS: OTHERS
13.2.2 INFINEON TECHNOLOGIES AG
TABLE 128 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
FIGURE 59 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 129 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 130 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES
TABLE 131 INFINEON TECHNOLOGIES AG: DEALS
13.2.3 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC
TABLE 132 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: COMPANY OVERVIEW
FIGURE 60 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: COMPANY SNAPSHOT
TABLE 133 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 134 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: PRODUCT LAUNCHES
TABLE 135 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: DEALS
TABLE 136 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: OTHERS
13.2.4 WOLFSPEED, INC.
TABLE 137 WOLFSPEED, INC.: COMPANY OVERVIEW
FIGURE 61 WOLFSPEED, INC.: COMPANY SNAPSHOT
TABLE 138 WOLFSPEED, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 139 WOLFSPEED, INC.: PRODUCT LAUNCHES
TABLE 140 WOLFSPEED, INC.: DEALS
TABLE 141 WOLFSPEED, INC.: OTHERS
13.2.5 ROHM CO., LTD.
TABLE 142 ROHM CO., LTD.: COMPANY OVERVIEW
FIGURE 62 ROHM CO., LTD.: COMPANY SNAPSHOT
TABLE 143 ROHM CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 144 ROHM CO., LTD.: PRODUCT LAUNCHES
TABLE 145 ROHM CO., LTD.: DEALS
13.2.6 FUJI ELECTRIC CO., LTD.
TABLE 146 FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW
FIGURE 63 FUJI ELECTRIC CO., LTD.: COMPANY SNAPSHOT
TABLE 147 FUJI ELECTRIC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 148 FUJI ELECTRIC CO., LTD.: PRODUCT LAUNCHES
13.2.7 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
TABLE 149 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: COMPANY OVERVIEW
FIGURE 64 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: COMPANY SNAPSHOT
TABLE 150 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 151 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: PRODUCT LAUNCHES
TABLE 152 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: DEALS
TABLE 153 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: OTHERS
13.2.8 MICROCHIP TECHNOLOGY INC.
TABLE 154 MICROCHIP TECHNOLOGY INC.: COMPANY OVERVIEW
FIGURE 65 MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT
TABLE 155 MICROCHIP TECHNOLOGY INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 156 MICROCHIP TECHNOLOGY INC.: PRODUCT LAUNCHES
TABLE 157 MICROCHIP TECHNOLOGY INC.: DEALS
TABLE 158 MICROCHIP TECHNOLOGY INC. OTHERS
13.2.9 MITSUBISHI ELECTRIC CORPORATION
TABLE 159 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
FIGURE 66 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 160 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 161 MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES
TABLE 162 MITSUBISHI ELECTRIC CORPORATION: DEALS
13.2.10 COHERENT CORP.
TABLE 163 COHERENT CORP.: COMPANY OVERVIEW
FIGURE 67 COHERENT CORP.: COMPANY SNAPSHOT
TABLE 164 COHERENT CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 165 COHERENT CORP.: DEALS
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
13.3 OTHER PLAYERS
13.3.1 HITACHI POWER SEMICONDUCTOR DEVICE, LTD.
13.3.2 SEMIKRON DANFOSS
13.3.3 QORVO, INC
13.3.4 GENESIC SEMICONDUCTOR INC.
13.3.5 TT ELECTRONICS
13.3.6 VISHAY INTERTECHNOLOGY, INC.
13.3.7 WEEN SEMICONDUCTORS
13.3.8 SOLITRON DEVICES, INC.
13.3.9 SANAN IC
13.3.10 BYD SEMICONDUCTOR.
13.3.11 LITTELFUSE, INC.
13.3.12 TYCO TIANRUN , INC.
13.3.13 NEXPERIA
13.3.14 INVENTCHIP TECHNOLOGY CO., LTD.
13.3.15 DIODES INCORPORATED
14 APPENDIX
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.1.1 Company: Inclusions and exclusions
1.3.1.2 Device: Inclusions and exclusions
1.3.1.3 Wafer size: Inclusions and exclusions
1.3.1.4 Vertical: Inclusions and exclusions
1.3.1.5 Region: Inclusions and exclusions
1.3.2 MARKETS COVERED
FIGURE 1 SIC MARKET SEGMENTATION
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 SIC MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 List of primary interview participants
2.1.2.2 Breakdown of primaries
2.1.2.3 Key industry insights
2.1.2.4 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
FIGURE 3 MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 FACTOR ANALYSIS
2.3.1 SUPPLY-SIDE ANALYSIS
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 1)
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 2)
2.4 MARKET GROWTH ASSUMPTIONS
TABLE 1 SIC MARKET: GROWTH ASSUMPTIONS
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON SIC MARKET
2.6 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.7 RESEARCH ASSUMPTIONS
2.8 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 9 SIC MARKET: GLOBAL SNAPSHOT
FIGURE 10 SIC MODULE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 11 >150 MM SEGMENT TO RECORD HIGHER GROWTH RATE DURING FORECAST PERIOD
FIGURE 12 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
FIGURE 13 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SIC MARKET
FIGURE 14 GROWING DEMAND FOR EVS AND RENEWABLE ENERGY SYSTEMS TO DRIVE MARKET
4.2 SIC MARKET, BY VERTICAL
FIGURE 15 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING IN 2024
4.3 SIC MARKET, BY DEVICE
FIGURE 16 SIC MODULES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
4.4 SIC MARKET, BY WAFER SIZE
FIGURE 17 UP TO 150 MM SEGMENT TO SECURE LARGER MARKET SHARE IN 2029
4.5 SIC MARKET IN ASIA PACIFIC, BY VERTICAL AND COUNTRY, 2024
FIGURE 18 AUTOMOTIVE SEGMENT AND CHINA TO ACCOUNT FOR LARGEST ASIA PACIFIC MARKET SHARES
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 SIC MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Growing deployment of SiC devices in EVs
FIGURE 20 GLOBAL SALES OF EVS, 2019–2021
5.2.1.2 Increasing demand for power electronics
5.2.1.3 Rising demand for renewable energy systems
FIGURE 21 GLOBAL SHARE OF RENEWABLE ENERGY GENERATION, 2022–2028
5.2.1.4 Increasing initiatives and investments in SiC devices
FIGURE 22 IMPACT ANALYSIS OF DRIVERS ON SIC MARKET
5.2.2 RESTRAINTS
5.2.2.1 High efficacy of alternative technologies for power electronics
5.2.2.2 High cost of SiC devices
FIGURE 23 IMPACT ANALYSIS OF RESTRAINTS ON SIC MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Growing adoption of SiC devices in telecommunications industry
5.2.3.2 Ongoing quality enhancements of SiC substrates and epitaxy processes
FIGURE 24 IMPACT ANALYSIS OF OPPORTUNITIES ON SIC MARKET
5.2.4 CHALLENGES
5.2.4.1 Material defects and designing and packaging issues in SiC devices
FIGURE 25 IMPACT ANALYSIS OF CHALLENGES ON SIC MARKET
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 26 SIC MARKET: SUPPLY CHAIN ANALYSIS
TABLE 2 SIC MARKET: SUPPLY CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 27 SIC MARKET: ECOSYSTEM ANALYSIS
5.5 INVESTMENT AND FUNDING SCENARIO
FIGURE 28 INVESTMENT AND FUNDING SCENARIO, 2019–2023
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 29 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 4th Gen SiC
5.7.1.2 8-inch SiC wafer
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 SiC-on-insulator (SiCOI)
5.7.2.2 SiC-on-GaN
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 Gallium nitride (GaN)
5.7.3.2 Indium gallium nitride (InGaN)
5.8 PRICING ANALYSIS
5.8.1 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS
FIGURE 30 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS
TABLE 3 AVERAGE SELLING PRICE OF SIC MOSFETS, SIC DIODES, AND SIC MODULES OFFERED BY KEY PLAYERS
5.8.2 AVERAGE SELLING PRICE TREND OF SIC DEVICES, BY TYPE
FIGURE 31 AVERAGE SELLING PRICE TREND OF SIC DEVICES, BY TYPE
5.8.3 AVERAGE SELLING PRICE TREND OF SIC DEVICES, BY REGION
FIGURE 32 AVERAGE SELLING PRICE TREND OF SIC MOSFETS, BY REGION
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP THREE VERTICALS
TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP THREE VERTICALS
5.9.2 BUYING CRITERIA
FIGURE 34 KEY BUYING CRITERIA OF TOP THREE VERTICALS
TABLE 5 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
5.10 PORTER’S FIVE FORCES ANALYSIS
TABLE 6 SIC MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 35 SIC MARKET: PORTER’S FIVE FORCES ANALYSIS, 2023
5.10.1 THREAT OF NEW ENTRANTS
5.10.2 THREAT OF SUBSTITUTES
5.10.3 BARGAINING POWER OF SUPPLIERS
5.10.4 BARGAINING POWER OF BUYERS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 CASE STUDY ANALYSIS
5.11.1 JAGUAR LAND ROVER INTEGRATED WOLFSPEED’S SIC DEVICES INTO EVS TO ENHANCE POWERTRAIN EFFICIENCY AND EXTEND DRIVING RANGE
5.11.2 BORGWARNER INC. DELIVERED INNOVATIVE AND SUSTAINABLE MOBILITY SOLUTIONS THROUGH INTEGRATION OF STMICROELECTRONICS’ SIC MOSFETS
5.11.3 AMPT’S DC STRING ENHANCED OPTIMIZERS BY INTEGRATING ONSEMI’S SIC MOSFET
5.11.4 DRIVING PERFORMANCE AND COST EFFICIENCY OF MERSEN’S SIC POWER STACK REFERENCE DESIGN
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO
TABLE 7 IMPORT DATA FOR HS CODE 284920-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 36 IMPORT DATA FOR HS CODE 284920-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022
5.12.2 EXPORT SCENARIO
TABLE 8 EXPORT DATA FOR HS CODE 284920- COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 37 EXPORT DATA FOR HS CODE 284920-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022
5.13 PATENT ANALYSIS
TABLE 9 NUMBER OF PATENTS GRANTED, JANUARY 2013–DECEMBER 2023
FIGURE 38 NUMBER OF PATENTS GRANTED, 2013–2023
FIGURE 39 TOP 10 COMPANIES WITH HIGHEST NUMBER OF GRANTED PATENTS, 2013–2023
TABLE 10 TOP 20 PATENT OWNERS IN LAST 10 YEARS
TABLE 11 MAJOR PATENTS RELATED TO SIC DEVICES
5.14 REGULATORY LANDSCAPE
5.14.1 GLOBAL STANDARDS
5.14.2 GOVERNMENT REGULATIONS
5.14.2.1 Asia Pacific
5.14.2.2 North America
5.14.2.3 Europe
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 12 SIC MARKET: KEY CONFERENCES AND EVENTS, 2024–2025
6 SIC MARKET, BY DEVICE
6.1 INTRODUCTION
FIGURE 40 SIC MODULES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 13 SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 14 SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
6.2 SIC DISCRETE DEVICES
6.2.1 INCREASING APPLICATIONS IN EVS AND 5G INFRASTRUCTURE TO DRIVE MARKET
6.2.2 SIC DIODES
6.2.2.1 Higher electrical and thermal conductivity than silicon variants to boost demand
6.2.3 SIC MOSFETS
6.2.3.1 Ability to function as power-switching transistors to boost demand
TABLE 15 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 16 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 17 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2020–2023 (MILLION UNITS)
TABLE 18 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2024–2029 (MILLION UNITS)
TABLE 19 SIC DISCRETE DEVICES: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 20 SIC DISCRETE DEVICES: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 21 SIC DISCRETE DEVICES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 22 SIC DISCRETE DEVICES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 23 SIC DISCRETE DEVICES: SIC MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 24 SIC DISCRETE DEVICES: SIC MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 25 SIC DISCRETE DEVICES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 26 SIC DISCRETE DEVICES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 27 SIC DISCRETE DEVICES: SIC MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION)
TABLE 28 SIC DISCRETE DEVICES: SIC MARKET IN ROW, BY REGION, 2024–2029 (USD MILLION)
6.3 SIC MODULES
6.3.1 REDUCED NEED FOR PASSIVE COMPONENTS AND SMALL SYSTEM FOOTPRINT TO ACCELERATE DEMAND
FIGURE 41 ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 29 SIC MODULES: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 30 SIC MODULES: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 31 SIC MODULES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 32 SIC MODULES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 33 SIC MODULES: SIC MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 34 SIC MODULES: SIC MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 35 SIC MODULES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 36 SIC MODULES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 37 SIC MODULES: SIC MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION)
TABLE 38 SIC MODULES: SIC MARKET IN ROW, BY REGION, 2024–2029 (USD MILLION)
7 SIC MARKET, BY WAFER SIZE
7.1 INTRODUCTION
FIGURE 42 >150 MM SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
TABLE 39 SIC MARKET, BY WAFER SIZE, 2020–2023 (USD MILLION)
TABLE 40 SIC MARKET, BY WAFER SIZE, 2024–2029 (USD MILLION)
7.2 UP TO 150 MM
7.2.1 GROWING DEPLOYMENT IN HIGH-FREQUENCY DEVICES TO FUEL MARKET GROWTH
7.3 >150 MM
7.3.1 ABILITY TO OFFER LARGE NUMBER OF DEVICES ON SINGLE WAFER TO DRIVE MARKET
8 CRYSTAL STRUCTURES OF SIC DEVICES
8.1 INTRODUCTION
8.2 ZINC BLENDE (3C-SIC)
8.3 WURTZITE (4H-SIC)
8.4 WURTZITE (6H-SIC)
8.5 RHOMBOHEDRAL (15R-SIC)
9 SIC MATERIAL TYPES
9.1 INTRODUCTION
9.2 GREEN SIC
9.3 BLACK SIC
10 SIC MARKET, BY VERTICAL
10.1 INTRODUCTION
FIGURE 43 AUTOMOTIVE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 41 SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 42 SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.2 AUTOMOTIVE
10.2.1 GROWING DEMAND FOR HIGH-PERFORMING OPTO-SEMICONDUCTOR DEVICES TO BOOST DEMAND
FIGURE 44 ASIA PACIFIC TO SECURE LARGEST MARKET SHARE IN 2029
TABLE 43 AUTOMOTIVE: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 44 AUTOMOTIVE: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
10.3 ENERGY & POWER
10.3.1 RAPID ADOPTION IN RENEWABLE ENERGY SYSTEMS TO ACCELERATE DEMAND
TABLE 45 ENERGY & POWER: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 46 ENERGY & POWER: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
10.4 INDUSTRIAL
10.4.1 GROWING USE IN ROBOTICS TO BOOST DEMAND
TABLE 47 INDUSTRIAL: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 48 INDUSTRIAL: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
10.5 TRANSPORTATION
10.5.1 EASE OF HEAT DISSIPATION DUE TO HIGH THERMAL CONDUCTIVITY TO DRIVE MARKET
10.5.2 CHARGING STATIONS
10.5.2.1 Fast charging with high power density to drive market
10.5.3 RAILS
10.5.3.1 Reduced power losses within rail modules to accelerate demand
TABLE 49 TRANSPORTATION: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 50 TRANSPORTATION: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
10.6 TELECOMMUNICATIONS
10.6.1 RISING ADOPTION IN 5G WIRELESS COMMUNICATION TO DRIVE MARKET
TABLE 51 TELECOMMUNICATIONS: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 52 TELECOMMUNICATIONS: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
10.7 OTHERS
TABLE 53 OTHERS: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 54 OTHERS: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
11 SIC MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 45 CHINA TO REGISTER HIGHEST CAGR IN GLOBAL SIC MARKET DURING FORECAST PERIOD
TABLE 55 SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 56 SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 46 NORTH AMERICA: SIC MARKET SNAPSHOT
TABLE 57 NORTH AMERICA: SIC MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 58 NORTH AMERICA: SIC MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 59 NORTH AMERICA: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 60 NORTH AMERICA: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 61 NORTH AMERICA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 62 NORTH AMERICA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.2.2 US
11.2.2.1 Growing demand for EVs and charging stations to drive market
TABLE 63 US: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 64 US: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.2.3 CANADA
11.2.3.1 Government initiatives toward clean technology to increase demand for EVs and drive market
TABLE 65 CANADA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 66 CANADA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.2.4 MEXICO
11.2.4.1 Increasing number of manufacturing facilities and expanding distribution network of SiC device manufacturers to drive market
TABLE 67 MEXICO: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 68 MEXICO: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.3 EUROPE
11.3.1 EUROPE: RECESSION IMPACT
FIGURE 47 EUROPE: SIC MARKET SNAPSHOT
TABLE 69 EUROPE: SIC MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 70 EUROPE: SIC MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 71 EUROPE: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 72 EUROPE: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 73 EUROPE: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 74 EUROPE: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.3.2 UK
11.3.2.1 Growing adoption of connected and autonomous vehicles (CAVs) to drive market
TABLE 75 UK: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 76 UK: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.3.3 GERMANY
11.3.3.1 Increasing applications in power supplies, EV motor drives, and charging stations to drive market
TABLE 77 GERMANY: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 78 GERMANY: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.3.4 FRANCE
11.3.4.1 Surging adoption of renewable energy systems to drive market
TABLE 79 FRANCE: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 80 FRANCE: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.3.5 REST OF EUROPE
TABLE 81 REST OF EUROPE: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 82 REST OF EUROPE: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 48 ASIA PACIFIC: SIC MARKET SNAPSHOT
TABLE 83 ASIA PACIFIC: SIC MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 84 ASIA PACIFIC: SIC MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 85 ASIA PACIFIC: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 86 ASIA PACIFIC: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 87 ASIA PACIFIC: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 88 ASIA PACIFIC: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.4.2 CHINA
11.4.2.1 Thriving power electronics industry to fuel market growth
TABLE 89 CHINA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 90 CHINA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.4.3 JAPAN
11.4.3.1 Increased R&D activities in industrial, automotive, and telecommunications verticals to boost demand
TABLE 91 JAPAN: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 92 JAPAN: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.4.4 SOUTH KOREA
11.4.4.1 Growing demand for consumer electronics to drive adoption
TABLE 93 SOUTH KOREA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 94 SOUTH KOREA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.4.5 REST OF ASIA PACIFIC
TABLE 95 REST OF ASIA PACIFIC: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 96 REST OF ASIA PACIFIC: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.5 ROW
11.5.1 ROW: RECESSION IMPACT
TABLE 97 ROW: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 98 ROW: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 99 ROW: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 100 ROW: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 101 ROW: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 102 ROW: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.5.2 MIDDLE EAST & AFRICA
11.5.2.1 Increasing adoption in renewable energy systems to drive market
11.5.2.2 GCC Countries
11.5.2.2.1 Increasing investments in semiconductor industry to boost demand
11.5.2.3 Rest of Middle East & Africa
TABLE 103 MIDDLE EAST & AFRICA: SIC MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 104 MIDDLE EAST & AFRICA: SIC MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 105 MIDDLE EAST & AFRICA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 106 MIDDLE EAST & AFRICA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
11.5.3 SOUTH AMERICA
11.5.3.1 Expanding telecommunications industry to boost demand
TABLE 107 SOUTH AMERICA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 108 SOUTH AMERICA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION)
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
TABLE 109 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
FIGURE 49 ORGANIC/INORGANIC STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
12.3 MARKET SHARE ANALYSIS, 2023
FIGURE 50 SIC MARKET: MARKET SHARE ANALYSIS, 2023
TABLE 110 SIC MARKET: DEGREE OF COMPETITION, 2023
12.4 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 51 SIC MARKET: COMPANY VALUATION, 2023
FIGURE 52 FINANCIAL METRICS (EV/EBITDA), 2024
12.5 BRAND/PRODUCT COMPARISON
FIGURE 53 SIC MARKET: BRAND/PRODUCT COMPARISON
12.6 REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023
FIGURE 54 SIC MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023 (USD BILLION)
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 55 SIC MARKET: COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.7.5.1 Overall footprint
FIGURE 56 OVERALL FOOTPRINT
12.7.5.2 Device footprint
TABLE 111 SIC MARKET: DEVICE FOOTPRINT
12.7.5.3 Wafersize footprint
TABLE 112 SIC MARKET: WAFER SIZE FOOTPRINT
12.7.5.4 Application footprint
TABLE 113 SIC MARKET: APPLICATION FOOTPRINT
12.7.5.5 Region footprint
TABLE 114 SIC MARKET: REGION FOOTPRINT
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 57 SIC MARKET: COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
12.8.5.1 List of key startups/SMEs
TABLE 115 SIC MARKET: LIST OF KEY STARTUPS/SMES, 2023
12.8.6 COMPANY FOOTPRINT: STARTUPS/SMES FOOTPRINT
12.8.6.1 Device footprint
TABLE 116 SIC MARKET: STARTUP/SME DEVICE FOOTPRINT
12.8.6.2 Wafer size footprint
TABLE 117 SIC MARKET: STARTUP/SME WAFER SIZE FOOTPRINT
12.8.6.3 Application footprint
TABLE 118 SIC MARKET: STARTUP/SME APPLICATION FOOTPRINT
12.8.6.4 Region footprint
TABLE 119 SIC MARKET: STARTUP/SME REGION FOOTPRINT
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 120 SIC MARKET: PRODUCT LAUNCHES, JUNE 2020–FEBRUARY 2024
12.9.2 DEALS
TABLE 121 SIC MARKET: DEALS, JUNE 2020–FEBRUARY 2024
12.9.3 OTHERS
TABLE 122 SIC MARKET: OTHERS, JUNE 2020 –FEBRUARY 2024
13 COMPANY PROFILES
13.1 INTRODUCTION
13.2 KEY PLAYERS
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
13.2.1 STMICROELECTRONICS
TABLE 123 STMICROELECTRONICS: COMPANY OVERVIEW
FIGURE 58 STMICROELECTRONICS: COMPANY SNAPSHOT
TABLE 124 STMICROELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 125 STMICROELECTRONICS: PRODUCT LAUNCHES
TABLE 126 STMICROELECTRONICS: DEALS
TABLE 127 STMICROELECTRONICS: OTHERS
13.2.2 INFINEON TECHNOLOGIES AG
TABLE 128 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
FIGURE 59 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 129 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 130 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES
TABLE 131 INFINEON TECHNOLOGIES AG: DEALS
13.2.3 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC
TABLE 132 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: COMPANY OVERVIEW
FIGURE 60 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: COMPANY SNAPSHOT
TABLE 133 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 134 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: PRODUCT LAUNCHES
TABLE 135 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: DEALS
TABLE 136 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: OTHERS
13.2.4 WOLFSPEED, INC.
TABLE 137 WOLFSPEED, INC.: COMPANY OVERVIEW
FIGURE 61 WOLFSPEED, INC.: COMPANY SNAPSHOT
TABLE 138 WOLFSPEED, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 139 WOLFSPEED, INC.: PRODUCT LAUNCHES
TABLE 140 WOLFSPEED, INC.: DEALS
TABLE 141 WOLFSPEED, INC.: OTHERS
13.2.5 ROHM CO., LTD.
TABLE 142 ROHM CO., LTD.: COMPANY OVERVIEW
FIGURE 62 ROHM CO., LTD.: COMPANY SNAPSHOT
TABLE 143 ROHM CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 144 ROHM CO., LTD.: PRODUCT LAUNCHES
TABLE 145 ROHM CO., LTD.: DEALS
13.2.6 FUJI ELECTRIC CO., LTD.
TABLE 146 FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW
FIGURE 63 FUJI ELECTRIC CO., LTD.: COMPANY SNAPSHOT
TABLE 147 FUJI ELECTRIC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 148 FUJI ELECTRIC CO., LTD.: PRODUCT LAUNCHES
13.2.7 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
TABLE 149 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: COMPANY OVERVIEW
FIGURE 64 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: COMPANY SNAPSHOT
TABLE 150 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 151 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: PRODUCT LAUNCHES
TABLE 152 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: DEALS
TABLE 153 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: OTHERS
13.2.8 MICROCHIP TECHNOLOGY INC.
TABLE 154 MICROCHIP TECHNOLOGY INC.: COMPANY OVERVIEW
FIGURE 65 MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT
TABLE 155 MICROCHIP TECHNOLOGY INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 156 MICROCHIP TECHNOLOGY INC.: PRODUCT LAUNCHES
TABLE 157 MICROCHIP TECHNOLOGY INC.: DEALS
TABLE 158 MICROCHIP TECHNOLOGY INC. OTHERS
13.2.9 MITSUBISHI ELECTRIC CORPORATION
TABLE 159 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
FIGURE 66 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 160 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 161 MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES
TABLE 162 MITSUBISHI ELECTRIC CORPORATION: DEALS
13.2.10 COHERENT CORP.
TABLE 163 COHERENT CORP.: COMPANY OVERVIEW
FIGURE 67 COHERENT CORP.: COMPANY SNAPSHOT
TABLE 164 COHERENT CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 165 COHERENT CORP.: DEALS
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
13.3 OTHER PLAYERS
13.3.1 HITACHI POWER SEMICONDUCTOR DEVICE, LTD.
13.3.2 SEMIKRON DANFOSS
13.3.3 QORVO, INC
13.3.4 GENESIC SEMICONDUCTOR INC.
13.3.5 TT ELECTRONICS
13.3.6 VISHAY INTERTECHNOLOGY, INC.
13.3.7 WEEN SEMICONDUCTORS
13.3.8 SOLITRON DEVICES, INC.
13.3.9 SANAN IC
13.3.10 BYD SEMICONDUCTOR.
13.3.11 LITTELFUSE, INC.
13.3.12 TYCO TIANRUN , INC.
13.3.13 NEXPERIA
13.3.14 INVENTCHIP TECHNOLOGY CO., LTD.
13.3.15 DIODES INCORPORATED
14 APPENDIX
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
