Report overview
Silicon semiconductor products have evolved over time, with the creation of high precision semiconductor manufacturing equipments and the optimization of device configuration and wafer process. This contributed to the development of miniaturized and high performance electronic products which have become a major part in our daily lives.
This report contains market size and forecasts of Next-Generation Power Semiconductors in Global, including the following market information:
Global Next-Generation Power Semiconductors Market Size 2024-2029, ($ millions)
The global Next-Generation Power Semiconductors market is projected to reach US$ million by 2029.
In recent years, GaN (gallium nitride) and SiC (silicon Carbide) based semiconductors called the "Next Generation Power Semiconductors"have been receiving much attention. Compared to silicon, GaN and SiC have a wider band gap (Si:1.1, SiC:3.3, GaN:3.4), and therefore it is also called "Wide Band Gap Semiconductors". Comparing the material properties, the figure of merit of SiC is 440 times greater, and GaN is 1130 times than that of Silicon. To fully utilize this material, development in the area of peripheral technology is currently underway. A more compact and highly efficient equipment can be created, by replacing conventional Si(Silicon) semiconductors with a GaN or SiC based new generation power semiconductor. The next generation power semiconductors are expected to open up a new field of opportunities for electronic equipments.
We surveyed the Next-Generation 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 Next-Generation Power Semiconductors Market, by Type, 2024-2029 ($ millions)
Global Next-Generation Power Semiconductors Market Segment Percentages, by Type
GaN
SiC
Global Next-Generation Power Semiconductors Market, by Application, 2024-2029 ($ millions)
Global Next-Generation Power Semiconductors Market Segment Percentages, by Application
Renewable Energy
Hybrid & Electric Vehicle
Smart Homes
Others
Global Next-Generation Power Semiconductors Market, By Region and Country, 2024-2029 ($ Millions)
Global Next-Generation Power Semiconductors Market Segment Percentages, by region and country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Cisco Systems
Fortinet
Barracuda Networks
Juniper Networks
Palo Alto Networks
Forcepoint
Zscaler
Watchguard Technologies
Sophos Group
Check Point Software Technologies
