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Global Silicon Carbide (SIC) Power Devices Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The silicon carbide (SIC) power devices market is poised to grow by $ 1.06 bn during 2020-2024, progressing at a CAGR of 24% during the forecast period. The report on the silicon carbide (SIC) power devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for power electronics, increasing focus on adopting renewable energy sources and development of smart grids. In addition, the growing demand for power electronics is anticipated to boost the growth of the market as well.
The silicon carbide (SIC) power devices market analysis includes product segment, application segment and geographic landscapes.
The silicon carbide (SIC) power devices market is segmented as below:
By Product
- Diodes
- Modules
- Transistors
By Geographic Landscapes
- UPS and PS
- PV inverters
- IMDs
- EV/HEVs
- Others
- By Geography
- APAC
- Europe
- North America
- South America
- MEA
This study identifies the increasing focus on adopting renewable energy sources as one of the prime reasons driving the silicon carbide (SIC) power devices market growth during the next few years.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The silicon carbide (SIC) power devices market covers the following areas:
- Silicon carbide (SIC) power devices market sizing
- Silicon carbide (SIC) power devices market forecast
- Silicon carbide (SIC) power devices market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading silicon carbide (SIC) power devices market vendors that include Cree Inc., Fuji Electric Co. Ltd., Infineon Technologies AG, Littelfuse Inc., Mitsubishi Electric Corp., ON Semiconductor Corp., Renesas Electronics Corp., ROHM Co. Ltd., STMicroelectronics NV, and Toshiba Corp. Also, the silicon carbide (SIC) power devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Application
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global silicon carbide (SIC) power devices market: Cree Inc., Fuji Electric Co. Ltd., Infineon Technologies AG, Littelfuse Inc., Mitsubishi Electric Corp., ON Semiconductor Corp., Renesas Electronics Corp., ROHM Co. Ltd., STMicroelectronics NV, and Toshiba Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus on adopting renewable energy sources."
According to the report, one of the major drivers for this market is the growing demand for power electronics.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cree Inc.
- Fuji Electric Co. Ltd.
- Infineon Technologies AG
- Littelfuse Inc.
- Mitsubishi Electric Corp.
- ON Semiconductor Corp.
- Renesas Electronics Corp.
- ROHM Co. Ltd.
- STMicroelectronics NV
- Toshiba Corp.
