Report overview
The power semiconductor is the core of electronic device electrical energy conversion and circuit control. In essence, it uses the unidirectional conductivity of the semiconductor to realize the function of power switch and power conversion. Whether it is hydropower, nuclear power, thermal power or wind power, or even the chemical energy provided by various batteries, most of them cannot be directly used. More than 75% of the electrical energy applications require power conversion by power semiconductor devices before they can be used by equipment.
This report aims to provide a comprehensive presentation of the global market for Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors. This report contains market size and forecasts of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors in global, including the following market information:
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market was valued at US$ 1045.8 million in 2022 and is projected to reach US$ 8102 million by 2029, at a CAGR of 34.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major global manufacturers of gallium nitride and silicon carbide power semiconductors include Infineon, CREE (Wolfspeed), Roma Electronics, STMicroelectronics, ON Semiconductor, etc. Gallium nitride and silicon carbide power semiconductor manufacturers are mainly in Europe, America and Japan. Chinese manufacturers started late. Most domestic companies are in the early stage of research and development. The technology is relatively backward and the industry volume is small. There is a big gap with European, American and Japanese manufacturers.
We surveyed the Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Segment Percentages, by Type, 2022 (%)
Silicon Carbide Power Semiconductor
Gallium Nitride Power Semiconductor
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Segment Percentages, by Application, 2022 (%)
Consumer Electronics
New Energy Grid Connection
Rail
Industrial Motor
Ups Power Supply
New Energy Vehicles
Other
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Infineon
CREE (Wolfspeed)
Roma Semiconductor Group
STMicroelectronics
ON Semiconductor
Mitsubishi Electric
Fuji Electric
Littelfuse
Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd.
Shenzhen Basic Semiconductor Co., Ltd.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors, market overview.
Chapter 2: Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market size in revenue.
Chapter 3: Detailed analysis of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: The main points and conclusions of the report.
