The Latin America, Middle East and Africa Silicon Carbide Semiconductor Devices Market would witness market growth of 23.1% CAGR during the forecast period (2022-2028).
SiC is anticipated to see a considerable growth in utilization due to the variety of power electronics applications it offers. Its use is increasing in industries like the power electronics and electric vehicle sectors. In addition, siC semiconductor devices are increasingly used in EV charging infrastructure, opening up a sizable market opportunity. The last few years have seen numerous advancements and investments in the EV industry due to the ongoing pressure on governments worldwide to cut carbon emissions.
The market players are anticipated to overcome these difficulties in the near future, though, owing to strong investments in SiC semiconductor device R&D. Many new approaches are encouraging innovation in the silicon carbide semiconductor devices sector and easing design difficulties. In order to match customer expectations, electric vehicles in the automotive sector offer some benefits, including improved range, charging times, and performance.
Therefore, wide-bandgap (WBG) SiC technologies are used to create power modules. With prices dropping and range increasing, electric vehicles are becoming more prevalent on the road today. Semiconductors also use SiC in power converters for wind and solar electricity, which have lower energy loss and a longer lifespan. For instance, semiconductor devices must have high power, low loss, and quick switching to maximize efficiency, reliability, and power density in photovoltaic energy.
In an effort to promote the use of electric vehicles (EVs) in Dubai, the Dubai Electricity and Water Authority (DEWA) has established a website called the Dubai EV Community Hub. This is an initiative by DEWA to promote the usage of environmentally friendly means of transportation and strengthen Dubai's status as a hub for sustainable development. Information on the most recent EV-related regulations, goals, incentives, and legislation can be found on the EV Community Hub website. Additionally, it offers details on the most recent EV models that are available in the UAE, the configuration, features, and locations of charging stations, as well as the insurance options and green car loans that are offered for the purchase of EVs. These efforts have promoted the need for components involved in the making of EVs and their charging infrastructures.
The Brazil market dominated the LAMEA Silicon Carbide Semiconductor Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $92.2 Million by 2028.The Argentina market is experiencing a CAGR of 23.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 22.8% during (2022 - 2028).
Based on Product, the market is segmented into Power Semiconductors, Optoelectronic Devices and Frequency Devices. Based on End Use, the market is segmented into Automotive, Energy & Power, Aerospace & Defense, Medical Devices, Data & Communication Devices, Consumer Electronics and Others. Based on Wafer Size, the market is segmented into 1 inch to 4 inches, 6 inches, 8 inches and 10 inches & above. Based on Component, the market is segmented into Power Modules, FET/MOSFET Transistors, Schottky Diodes, Integrated Circuits, Rectifiers/Diodes and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.), Infineon Technologies AG, ROHM Co., Ltd., STMicroelectronics N.V., ON Semiconductor Corporation, FUJI ELECTRIC CO., LTD., TT Electronics plc., Mitsubishi Electric Corporation, Toshiba Corporation, and Wolfspeed, Inc.
SiC is anticipated to see a considerable growth in utilization due to the variety of power electronics applications it offers. Its use is increasing in industries like the power electronics and electric vehicle sectors. In addition, siC semiconductor devices are increasingly used in EV charging infrastructure, opening up a sizable market opportunity. The last few years have seen numerous advancements and investments in the EV industry due to the ongoing pressure on governments worldwide to cut carbon emissions.
The market players are anticipated to overcome these difficulties in the near future, though, owing to strong investments in SiC semiconductor device R&D. Many new approaches are encouraging innovation in the silicon carbide semiconductor devices sector and easing design difficulties. In order to match customer expectations, electric vehicles in the automotive sector offer some benefits, including improved range, charging times, and performance.
Therefore, wide-bandgap (WBG) SiC technologies are used to create power modules. With prices dropping and range increasing, electric vehicles are becoming more prevalent on the road today. Semiconductors also use SiC in power converters for wind and solar electricity, which have lower energy loss and a longer lifespan. For instance, semiconductor devices must have high power, low loss, and quick switching to maximize efficiency, reliability, and power density in photovoltaic energy.
In an effort to promote the use of electric vehicles (EVs) in Dubai, the Dubai Electricity and Water Authority (DEWA) has established a website called the Dubai EV Community Hub. This is an initiative by DEWA to promote the usage of environmentally friendly means of transportation and strengthen Dubai's status as a hub for sustainable development. Information on the most recent EV-related regulations, goals, incentives, and legislation can be found on the EV Community Hub website. Additionally, it offers details on the most recent EV models that are available in the UAE, the configuration, features, and locations of charging stations, as well as the insurance options and green car loans that are offered for the purchase of EVs. These efforts have promoted the need for components involved in the making of EVs and their charging infrastructures.
The Brazil market dominated the LAMEA Silicon Carbide Semiconductor Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $92.2 Million by 2028.The Argentina market is experiencing a CAGR of 23.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 22.8% during (2022 - 2028).
Based on Product, the market is segmented into Power Semiconductors, Optoelectronic Devices and Frequency Devices. Based on End Use, the market is segmented into Automotive, Energy & Power, Aerospace & Defense, Medical Devices, Data & Communication Devices, Consumer Electronics and Others. Based on Wafer Size, the market is segmented into 1 inch to 4 inches, 6 inches, 8 inches and 10 inches & above. Based on Component, the market is segmented into Power Modules, FET/MOSFET Transistors, Schottky Diodes, Integrated Circuits, Rectifiers/Diodes and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.), Infineon Technologies AG, ROHM Co., Ltd., STMicroelectronics N.V., ON Semiconductor Corporation, FUJI ELECTRIC CO., LTD., TT Electronics plc., Mitsubishi Electric Corporation, Toshiba Corporation, and Wolfspeed, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Power Semiconductors
- Optoelectronic Devices
- Frequency Devices
By End Use
- Automotive
- Energy & Power
- Aerospace & Defense
- Medical Devices
- Data & Communication Devices
- Consumer Electronics
- Others
By Wafer Size
- 1 inch to 4 inches
- 6 inches
- 8 inches
- 10 inches & above
By Component
- Power Modules
- FET/MOSFET Transistors
- Schottky Diodes
- Integrated Circuits
- Rectifiers/Diodes
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.)
- Infineon Technologies AG
- ROHM Co., Ltd
- STMicroelectronics N.V
- ON Semiconductor Corporation
- FUJI ELECTRIC CO., LTD
- TT Electronics plc
- Mitsubishi Electric Corporation
- Toshiba Corporation
- Wolfspeed, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Silicon Carbide Semiconductor Devices Market, by Product
1.4.2 LAMEA Silicon Carbide Semiconductor Devices Market, by End Use
1.4.3 LAMEA Silicon Carbide Semiconductor Devices Market, by Wafer Size
1.4.4 LAMEA Silicon Carbide Semiconductor Devices Market, by Component
1.4.5 LAMEA Silicon Carbide Semiconductor Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2022, Jul - 2023, Jan) Leading Players
Chapter 4. LAMEA Silicon Carbide Semiconductor Devices Market by Product
4.1 LAMEA Power Semiconductors Market by Country
4.2 LAMEA Optoelectronic Devices Market by Country
4.3 LAMEA Frequency Devices Market by Country
Chapter 5. LAMEA Silicon Carbide Semiconductor Devices Market by End-use
5.1 LAMEA Automotive Market by Country
5.2 LAMEA Energy & Power Market by Country
5.3 LAMEA Aerospace & Defense Market by Country
5.4 LAMEA Medical Devices Market by Country
5.5 LAMEA Data & Communication Devices Market by Country
5.6 LAMEA Consumer Electronics Market by Country
5.7 LAMEA Others Market by Country
Chapter 6. LAMEA Silicon Carbide Semiconductor Devices Market by Wafer Size
6.1 LAMEA 1 inch to 4 inches Market by Country
6.2 LAMEA 6 inches Market by Country
6.3 LAMEA 8 inches Market by Country
6.4 LAMEA 10 inches & above Market by Country
Chapter 7. LAMEA Silicon Carbide Semiconductor Devices Market by Component
7.1 LAMEA Power Modules Market by Country
7.2 LAMEA FET/MOSFET Transistors Market by Country
7.3 LAMEA Schottky Diodes Market by Country
7.4 LAMEA Integrated Circuits Market by Country
7.5 LAMEA Rectifiers/Diodes Market by Country
7.6 LAMEA Others Market by Country
Chapter 8. LAMEA Silicon Carbide Semiconductor Devices Market by Country
8.1 Brazil Silicon Carbide Semiconductor Devices Market
8.1.1 Brazil Silicon Carbide Semiconductor Devices Market by Product
8.1.2 Brazil Silicon Carbide Semiconductor Devices Market by End-use
8.1.3 Brazil Silicon Carbide Semiconductor Devices Market by Wafer Size
8.1.4 Brazil Silicon Carbide Semiconductor Devices Market by Component
8.2 Argentina Silicon Carbide Semiconductor Devices Market
8.2.1 Argentina Silicon Carbide Semiconductor Devices Market by Product
8.2.2 Argentina Silicon Carbide Semiconductor Devices Market by End-use
8.2.3 Argentina Silicon Carbide Semiconductor Devices Market by Wafer Size
8.2.4 Argentina Silicon Carbide Semiconductor Devices Market by Component
8.3 UAE Silicon Carbide Semiconductor Devices Market
8.3.1 UAE Silicon Carbide Semiconductor Devices Market by Product
8.3.2 UAE Silicon Carbide Semiconductor Devices Market by End-use
8.3.3 UAE Silicon Carbide Semiconductor Devices Market by Wafer Size
8.3.4 UAE Silicon Carbide Semiconductor Devices Market by Component
8.4 Saudi Arabia Silicon Carbide Semiconductor Devices Market
8.4.1 Saudi Arabia Silicon Carbide Semiconductor Devices Market by Product
8.4.2 Saudi Arabia Silicon Carbide Semiconductor Devices Market by End-use
8.4.3 Saudi Arabia Silicon Carbide Semiconductor Devices Market by Wafer Size
8.4.4 Saudi Arabia Silicon Carbide Semiconductor Devices Market by Component
8.5 South Africa Silicon Carbide Semiconductor Devices Market
8.5.1 South Africa Silicon Carbide Semiconductor Devices Market by Product
8.5.2 South Africa Silicon Carbide Semiconductor Devices Market by End-use
8.5.3 South Africa Silicon Carbide Semiconductor Devices Market by Wafer Size
8.5.4 South Africa Silicon Carbide Semiconductor Devices Market by Component
8.6 Nigeria Silicon Carbide Semiconductor Devices Market
8.6.1 Nigeria Silicon Carbide Semiconductor Devices Market by Product
8.6.2 Nigeria Silicon Carbide Semiconductor Devices Market by End-use
8.6.3 Nigeria Silicon Carbide Semiconductor Devices Market by Wafer Size
8.6.4 Nigeria Silicon Carbide Semiconductor Devices Market by Component
8.7 Rest of LAMEA Silicon Carbide Semiconductor Devices Market
8.7.1 Rest of LAMEA Silicon Carbide Semiconductor Devices Market by Product
8.7.2 Rest of LAMEA Silicon Carbide Semiconductor Devices Market by End-use
8.7.3 Rest of LAMEA Silicon Carbide Semiconductor Devices Market by Wafer Size
8.7.4 Rest of LAMEA Silicon Carbide Semiconductor Devices Market by Component
Chapter 9. Company Profiles
9.1 Toshiba Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research and Development Expense
9.1.5 SWOT Analysis
9.2 Infineon Technologies AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.3 Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.4 Wolfspeed, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Geographical Expansions:
9.5 Rohm Co., Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.6 TT Electronics PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional & Segmental Analysis
9.6.4 Research & Development Expenses
9.7 STMicroelectronics N.V.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.8 ON Semiconductor Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.5.2 Geographical Expansions:
9.9 Fuji Electric Co. Ltd.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.10. Mitsubishi Electric Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Acquisition and Mergers:
Companies Mentioned
- Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.)
- Infineon Technologies AG
- ROHM Co., Ltd.
- STMicroelectronics N.V.
- ON Semiconductor Corporation
- FUJI ELECTRIC CO., LTD.
- TT Electronics plc.
- Mitsubishi Electric Corporation
- Toshiba Corporation
- Wolfspeed, Inc.
Methodology
LOADING...
