Sic & GaN power semiconductor Market Industry Analysis, Growth, Challenges, Share, Demand and Forecast 2025 By KDMI

KD Market Insights has added a new report on global Sic & GaN power semiconductor market to its collection of market research report. The global Sic & GaN power semiconductor market research report will represent the analysis of all the market segments including the analysis of market over regions and countries. In addition to this, the research report also focuses on the market dynamics, market attractiveness, BPS analysis and porter’s five force model which explains the current and future status of the market.

It provides the impact and recovery of Covid-19 pandemic on the Sic & GaN power semiconductor Market. Relevant statistical data is also provided in the report to recognize the challenges caused by the outbreak of Covid-19 and strategies to cope up with the current scenario.

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The Following are the Key Features of Global Sic & GaN power semiconductor Market Report:

  • Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
  • Growth Drivers and Barriers, Market Trends & Market Opportunities
  • Porter’s Five Forces Analysis & Trade Analysis
  • Market Forecast Analysis for 2020-2025
  • Market Segments by Geographies and Countries
  • Market Segment Trend and Forecast
  • Market Analysis and Recommendations
  • Price Analysis
  • Key Market Driving Factors
  • Sic & GaN power semiconductor Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.

Market Segmentation:

The segmentation of Sic & GaN power semiconductor market is as follows

Product Insights:

In view of product types, the market has been portioned into SiC Power Module, GaN Power Module, Discrete GaN, and Discrete SiC. The SiC Power Module section is the biggest portion, regarding income, and may rule the innovation field, as far as size, by 2025.

SiC power modules have become a vital component in various power applications owing to its features & capabilities such as less thermal expansion and wider band gap. Such modules are being adopted to replace silicon semiconductors, further contributing to a growth of the SiC GaN power semiconductor market.

The GaN Power Module and Discrete GaN fragments should observe impressive development and rule the market (regarding development rates) over the conjecture time frame. The GaN materials are able to be used at more temperatures than the conventional silicon, making them suitable for critical environment applications. This factor significantly drives growth of the market.

Consolidations and acquisitions, to accomplish cutting edge innovation licenses, have advanced as a significant piece of the current SiC GaN power semiconductor industry. For example, in June 2020, Vitesco Technologies, a supplier in the field of vehicle electrification, partnered with ROHM Semiconductor, a leading company in SiC power semiconductors. Through this partnership, Vitesco Technologies is projected to use SiC components to increase the efficiency of its power electronics for electric vehicles (EV).

Application Insights

In light of application, the market is divided into Industrial Motor Drives, Power Supplies, electric vehicle (H/EV), PV Inverters, and Traction. The power supplies application fragment is the biggest section and will overwhelm the application field, by 2025. The electric vehicle applications section would observe a quick movement as far as CAGR in contrast with its other sales partners.

The industrial motor drives and traction application portions may observe critical development rates. This is due to the high demand for power semiconductor devices in driving motors, particularly in switching them from low to high speeds. The increasing awareness for reduction in power consumption and energy saving in recent times has significantly driven the demand for SiC GaN power semiconductor on account of their low power consumption capabilities.

The regional segmentation of the market covers following regions:

North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of   Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).

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Fundamental Coverage of the Sic & GaN power semiconductor Market:

  • Covid-19 impact and strategies to recover.
  • valuable information about the Sic & GaN power semiconductor market
  • Identification of growth in various segments and sub segments of the studied market.
  • Strategic ideas for investment opportunities
  • Key statistical data along with products, price analysis, applications, levels of production and consumption, supply and demand.
  • Emerging developments in the existing market segment and research to help investors devise new business strategies
  • Accelerates decision-making by drivers and constraints

Competitive Analysis

The key players of the market are listed in this section of the study. It helps to understand the tactics and alliances that players concentrate on fighting market rivalry. An essential microscopic look at the market is given in the detailed study. The major players operating in the Global Sic & GaN power semiconductor market are –

ROHM Semiconductor,

Sanken Electric Company,

United Silicon Carbide Inc.,

STMicroelectronics N.V.,

Raytheon Company,

Monolith Semiconductor Inc.,

Genesic semiconductor Inc.,

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