Executive Summary
The Global SiC Power Device Market, valued at USD 425.12 Million in the year 2019 has been witnessing unprecedented growth in the last few years on the back of increasing demand of the automotive vehicles. Silicon carbide (SiC) has a wide band gap of 3 electronvolt (eV) and a much higher thermal conductivity compared to silicon which makes it highly in demand and Increasing demand of automotive sector and the demand of Consumer electronics among the leading countries is one of the major reasons behind the increasing SiC Power Device market globally. Additionally, adoption of technologies to improve power modules is likely to supplement the SiC Power Device market. However, the impact of COVID-19 will be visible in the SiC Power Device market value in the near future.
Among the End user in the SiC Power Device market (Industry, Electronics, Automotive and Others), Automotive has been gaining popularity globally and is expected to keep growing in the forecast period. The demand of ecofriendly electric vehicles will keep increasing in future.
Among the Application of the SiC Power Device market (EV/HEV, Motor Drives, Charging Device and Others), EV/HEV has been gaining popularity globally and is expected to keep growing in the forecast period. The demand of SiC power devices in electric vehicles will keep increasing in future.
The APAC market is expected to lead the global market throughout the forecast period. The increasing demand of automotive and consumer electronics is expected to infuse market growth tremendously. Additionally, new investments in power semiconductor industry, massive infrastructure investments and population in countries such as China, Japan and South Korea are now fueling the growth of SiC Power device.
Scope of the Report
- The report analyses the SiC Power Device market by Value.
- The report analyses the SiC Power Device Market by End user (Industry, Electronics, Automotive and Others).
- The report analyses the SiC Power Device Market by Application (EV/HEV, Motor Drives, Charging Device and Others).
- The Global SiC Power Device Market has been analysed By Region (Americas, Europe, Asia Pacific, and Rest of World) and By Country (United States, Mexico, Brazil, Canada, Germany, France, United Kingdom, China, Japan, and India).
- The attractiveness of the market has been presented by region, By End user and by Compound types. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Cree, Infineon Technologies, ON semiconductor, STMicroelectronics, Fuji Electric, Mitsubishi Electric, Renesas Electronics, Rohm, Vishay Intertechnology and Littelfuse.
- The report presents the analysis of SiC Power Device market for the historical period of 2015-2019 and the forecast period of 2020-2025.
Key Target Audience
- SiC Power Device Vendors
- Electric Vehicle Players
- Consulting and Advisory Firms
- Government and Policy Makers
- Investment Banks and Equity Firms
- Regulatory Authorities
Global SiC Power Device Market - Analysis By Application, End User, By Region, By Country (2020 Edition) : Market Insight, COVID-19 Impact and Forecast (2020-2025)
Table of Contents
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
2.1 Focusing on Automotive sector
2.2 Investment in R&D to reduce cost of SiC
3. Global SiC Power Device: Product Overview
4. Global SiC Power Device Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2015-2019
4.2 Market Size, By Value, Year 2020-2025
4.3 Global Economic & Industrial Outlook
5. Global SiC Power Device Market Segmentation, By End User
5.1 Global SiC Power Device Market: By End User
5.2 Competitive Scenario of Global SiC Power Device Market: By End User (2019 & 2025)
5.3 By Industrial - Market Size and Forecast (2015-2025)
5.4 By Consumer Electronics - Market Size and Forecast (2015-2025)
5.5 By Automotive - Market Size and Forecast (2015-2025)
5.6 By Others- Market Size and Forecast (2015-2025)
6. Global SiC Power Device Market Segmentation, By Application
6.1 Competitive Scenario of Global SiC Power Device Market: By Application (2019 & 2025)
6.2 By EV/HEV- Market Size and Forecast (2015-2025)
6.3 By Motor Drives - Market Size and Forecast (2015-2025)
6.4 By Charging Devices- Market Size and Forecast (2015-2025)
6.5 By Others- Market Size and Forecast (2015-2025)
7. Global SiC Power Device Market: Regional Analysis
7.1 Competitive Scenario of Global SiC Power Device Market: By Region (2019 & 2025)
8. Americas SiC Power Device Market: An Analysis
8.1 America SiC Power Device Market: Size and Forecast (2015-2025)
8.2 Americas Economic and industrial Statistics
8.3 Americas SiC Power Device Market- Prominent Companies
8.4 Market Segmentation by End User (Industrial, Consumer Electronics, Automotive and Others)
8.5 Market Segmentation by Application (EV/HEV, Motor Drives, Charging Devices and Others)
8.6 Americas SiC Power Device Market: Country Analysis
8.7 Market Opportunity Chart of America SiC Power Device Market - By Country, By Value (Year-2025)
8.8 Competitive Scenario of America SiC Power Device: By Country (2019 & 2025)
8.9 United States SiC Power Device Market: Size and Forecast (2015-2025)
8.10 United States SiC Power Device Market Segmentation by End User, By Application
8.11 United States Economic and Industrial Statistics
8.12 Canada SiC Power Device Market: Size and Forecast (2015-2025)
8.13 Canada SiC Power Device Market Segmentation by End User, By Application
8.14 Canada Economic and Industrial Statistics
8.15 Mexico SiC Power Device Market: Size and Forecast (2015-2025)
8.16 Mexico SiC Power Device Market Segmentation by End User, By Application
8.17 Mexico Economic and Industrial Statistics
8.18 Brazil SiC Power Device Market: Size and Forecast (2015-2025)
8.19 Brazil SiC Power Device Market Segmentation by End User, By Application
8.20 Brazil Economic and Industrial Statistics
9. Europe SiC Power Device Market: An Analysis
9.1 Europe SiC Power Device Market: Size and Forecast (2015-2025)
9.2 Europe Economic and industrial Statistics
9.3 Europe SiC Power Device Market- Prominent Companies
9.4 Market Segmentation by End User (Industrial, Consumer Electronics, Automotive and Others)
9.5 Market Segmentation by Application (EV/HEV, Motor Drives, Charging Devices and Others)
9.6 Europe SiC Power Device Market: Country Analysis
9.7 Market Opportunity Chart of Europe SiC Power Device Market - By Country, By Value (Year-2025)
9.8 Competitive Scenario of Europe SiC Power Device : by Country (2019 & 2025)
9.9 Germany SiC Power Device Market: Size and Forecast (2015-2025)
9.10 Germany SiC Power Device Market Segmentation by End User, By Application
9.11 Germany Economic and Industrial Statistics
9.12 France SiC Power Device Market: Size and Forecast (2015-2025)
9.13 France SiC Power Device Market Segmentation by End User, By Application
9.14 France Economic and Industrial Statistics
9.15 UK SiC Power Device Market: Size and Forecast (2015-2025)
9.16 UK SiC Power Device Market Segmentation by End User, By Application
9.17 UK Economic and Industrial Statistics
10. Asia Pacific SiC Power Device Market: An Analysis
10.1 Asia Pacific SiC Power Device Market: Size and Forecast (2015-2025)
10.2 Asia Pacific Economic and industrial Statistics
10.3 Asia Pacific SiC Power Device Market- Prominent Companies
10.4 Market Segmentation by End User (Industrial, Consumer Electronics, Automotive and Others)
10.5 Market Segmentation by Application (EV/HEV, Motor Drives, Charging Devices and Others)
10.6 Asia Pacific SiC Power Device Market: Country Analysis
10.7 Market Opportunity Chart of Asia Pacific SiC Power Device Market - By Country, By Value (Year-2025)
10.8 Competitive Scenario of Asia Pacific SiC Power device : By Country (2019 & 2025)
10.9 China SiC Power Device Market: Size and Forecast (2015-2025)
10.10 China SiC Power Device Market Segmentation by End User, By Application
10.11 China Economic and Industrial Statistics
10.12 Japan SiC Power Device Market: Size and Forecast (2015-2025)
10.13 Japan SiC Power Device Market Segmentation by End User, By Application
10.14 Japan Economic and Industrial Statistics
10.15 India SiC Power Device Market: Size and Forecast (2015-2025)
10.16 India SiC Power Device Market Segmentation By End User, By Application
11. Global SiC Power Device Market Dynamics
11.1 Global SiC Power Device Market Drivers
11.2 Global SiC Power Device Market Restraints
11.3 Global SiC Power Device Market Trends
12. Market Attractiveness and Strategic Analysis
12.1 Market Attractiveness
12.1.1 Market Attractiveness Chart of Global SiC Power Device Market - By End User (Year 2025)
12.1.2 Market Attractiveness Chart of Global SiC Power Device Market - By Application (Year 2025)
12.1.3 Market Attractiveness Chart of Global SiC Power Device Market - By Region, Year-2025)
13. Competitive landscape
14. Company Profiles (Business Description, Financial Analysis, Business Strategy)
14.1 Cree Inc.
14.2 Infineon Technologies
14.3 ON Semiconductor
14.4 STMicroelectronics
14.5 Fuji Electric
14.6 Mitsubishi Electric
14.7 Renesas Electronics
14.8 Rohm Semiconductor
14.9 Littelfuse
14.10 Vishay Intertechnology
List of Figures
Figure 1: Global SiC Power Device Market Size, By Value, 2015-2019 (USD Million)
Figure 2: Global SiC Power Device Market Size, By Value, 2020-2025 (USD Million)
Figure 3: Global charging battery demand share by End Users, 2015 and 2020
Figure 4: Global Battery demand, 2018 (In %)
Figure 5: Global SiC Power Device Market- By End User Market Share, 2019 & 2025
Figure 6: Global SiC Power Device Market- By Industrial, By Value (USD Million), 2015-2025
Figure 7: Global SiC Power Device Market- By Consumer Electronics, By Value (USD Million), 2015-2025
Figure 8: Global SiC Power Device Market- By Automotive, By Value (USD Million), 2015-2025
Figure 9: Global SiC Power Device Market- By Others, By Value (USD Million), 2015-2025
Figure 10: Global SiC Power Device Market- By Application Market Share, 2019 & 2025
Figure 11: Global SiC Power Device Market- EV/HEV, By Value (USD Million), 2015-2025
Figure 12: Global SiC Power Device Market- Motor Drives, By Value (USD Million), 2015-2025
Figure 13: Global SiC Power Device Market- Charging Device, By Value (USD Million), 2015-2025
Figure 14: Global SiC Power Device Market- Others, By Value (USD Billion), 2015-2025
Figure 15: Global SiC Power Device Market- By Region Market Share, 2019 & 2025
Figure 16: Americas SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 17: Americas Manufacturing Value added, annual growth (%), 2013-18
Figure 18: America New Vehicle sales - ALL type, 2014-18
Figure 19: Americas SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 20: Americas SiC Power Device Market- By Application, By Value (USD Million), 2015-2025
Figure 21: Market Opportunity Chart of Americas SiC Power Device Market- By Country, By Value (Year-2025)
Figure 22: Americas SiC Power Device Market- By Country Market Share, 2019 & 2025
Figure 23: Unites States SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 24: Unites States SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 25: Unites States SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 26: U.S Industry (Including Construction), Value added (annual growth %), 2013-17
Figure 27: U.S Manufacturing Value added, annual growth (%), 2013-17
Figure 28: US New Electric Car Sales (units), 2013-2018
Figure 29: Canada SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 30: Canada SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 31: Canada SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 32: Canada No. of mobile users, (Million) 2015-2019
Figure 33: Canada New Electric Car Sales, 2013-2018
Figure 34: Mexico SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 35: Mexico SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 36: Mexico SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 37: Mexico Industry (Including Construction), Value added (annual growth %), 2013-18
Figure 38: Mexico Manufacturing Value added, annual growth (%), 2013-18
Figure 39 Mexico New Vehicle Sales - All type , 2014-18
Figure 40: Brazil SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 41: Brazil SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 42: Brazil SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 43: Brazil Industry (Including Construction), Value added (annual growth %), 2013-18
Figure 44: Brazil Manufacturing Value added, annual growth (%), 2013-18
Figure 45: Brazil New Vehicle Sales - All type, 2014-18
Figure 46: Europe SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 47: Europe GDP Growth rate, 2014-2018 (%)
Figure 48: Europe Manufacturing Value added, annual growth (%), 2014-18
Figure 49: Europe New Electric Car Sales, 2013-2018
Figure 50: Europe SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 51: Europe SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 52: Market Opportunity Chart of Europe SiC Power Device Market - By Country, By Value (Year-2025)
Figure 53: Europe SiC Power Device Market- By Country Market Share, 2019 & 2025
Figure 54: Germany SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 55: Germany SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 56: Germany SiC Power Device Market- By Application, By Value (USD Million), 2015-2025
Figure 57: Germany Gross Domestic Product Growth Rate (%), 2014-18
Figure 58: Germany Passenger Auto registrations January 2019 and 2020.
Figure 59: Germany New Electric Car Sales (Thousand), 2013-2018
Figure 60: France SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 61: France SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 62: France SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 63: France Gross Domestic Product Growth Rate (%), 2014-18
Figure 64: France Manufacturing Value Added (annual % growth), 2014-18
Figure 65: France Sales of new vehicle-All Type, 2014-2018
Figure 66: United Kingdom SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 67: United Kingdom SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 68: United Kingdom SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 69: UK Manufacturing Value Added (annual % growth), 2014-18
Figure 70: UK Sales of new vehicle-All Type, 2014-2018
Figure 71: UK New Electric Car Sales, 2013-2018
Figure 72: Asia- Pacific SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 73: Asia Pacific Manufacturing Value Added (annual % growth), 2014-18
Figure 74: East Asia & Pacific GDP Growth rate, 2014-2018 (%)
Figure 75: East Asia & Pacific Urban Population growth (annual %), 2013-18
Figure 76: Asia- Pacific SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 77: Asia- Pacific SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 78: Market Opportunity Chart of Asia Pacific SiC Power Device Market - By Country, By Value (Year 2025)
Figure 79: APAC SiC Power Device Market- By Country Market Share, 2019 & 2025
Figure 80: China SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 81: China SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 82: China SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 83: China's Manufacturing Value added (USD T), 2013-18
Figure 84: China New Electric Car Sales (Thousand), 2013-2018
Figure 85: Japan a SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 86: Japan SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 87: Japan SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 88: Japan's Manufacturing Value added (USD T), 2013-17
Figure 89: Japan No. of mobile users, (Million) 2017-2019
Figure 90: Japan New Electric Car Sales (Thousand), 2013-2018
Figure 91: India SiC Power Device Market Size, By Value, 2015-2025 (USD Million)
Figure 92: India SiC Power Device Market- By End User, By Value (USD Million), 2015-2025
Figure 93: India SiC Power Device Market- By Application s, By Value (USD Million), 2015-2025
Figure 94: Market Attractiveness Chart of Global SiC Power Device Market- By End User (Year-2025)
Figure 95: Market Attractiveness Chart of Global SiC Power Device Market - By Application (Year-2025)
Figure 96: Market Attractiveness Chart of Global SiC Power Device Market- By Region, By Value, (Year-2025)
Figure 97: Global SiC Power Device Market, Company Share - 2019
Figure 98: Competitive Positions of SiC Power Device Companies (2018)
Figure 99: Cree Inc. Net Revenue,2015-2019 (USD Million)
Figure 100: Cree Inc Net Income, 2015-2019 (USD million)
Figure 101: Cree Inc Net Revenue, By Business Segment (%), FY2019
Figure 102: Cree Inc Net Revenue, By Geographic Segment (%), FY2019
Figure 103: Infineon Technologies Revenue, 2015-2019 (USD Million)
Figure 104: Infineon Technologies Net Income, 2015-2019 (USD Million)
Figure 105: Infineon Technologies Revenue, By Business Segment (%), FY2019
Figure 106: Infineon Technologies Revenue, By Geographical Segment (%), FY2019
Figure 107: ON Semiconductor Revenue, 2014-2018 (USD Million)
Figure 108: ON Semiconductor Revenue, 2014-2018 (USD Million)
Figure 109: ON Semiconductor Revenue, By Geographical Segment (%), FY2018
Figure 110: ON Semiconductor Revenue, By Business Segment (%), FY2018
Figure 111: STMicroelectronics Net Revenue, 2015-2019 (USD Million)
Figure 112: STMicroelectronics Net Income, 2015-2019 (USD Million)
Figure 113: STMicroelectronics Net Revenue, By Geographical Segment (%), FY2019
Figure 114: STMicroelectronics Net Revenue, By Business Segment (%), FY2019
Figure 115: Fuji Revenue, 2014-2018 (USD Million)
Figure 116: Fuji Gross Profit, 2014-2018(USD Million)
Figure 117: Fuji Revenue, By Geographical Segment (%), FY2018
Figure 118: Fuji Revenue, By Business Segment (%), FY2018
Figure 119: Mitsubishi Electric Revenue, 2015-2019 (USD Million)
Figure 120: Mitsubishi Electric Net Profit, 2015-2019(USD Million)
Figure 121: Mitsubishi Electric Revenue, By Business Segment (%), FY2019
Figure 122: Mitsubishi Electric Revenue, By Geographical Segment (%), FY2019
Figure 123: Renesas revenue, 2014-2018(USD Million)
Figure 124: Renesas Gross Profit, 2014-2018 (USD Million)
Figure 125: Renesas revenue, By Business Segment (%), FY2018
Figure 126: Renesas revenue, By Geographical Segment (%), FY2018
Figure 127: Rohm Net sales, 2015-2019 (USD Million)
Figure 128: Rohm Gross Profit, 2015-2019(USD Million)
Figure 129: Rohm Net Sales, By Business Segment (%), FY2019
Figure 130: Rohm Net Sales, By Geographical Segment (%), FY2019
Figure 131: Littelfuse Net Revenue, 2015-2019 (USD Million)
Figure 132: Littelfuse Gross Profit, 2015-2019(USD Million)
Figure 133: Littelfuse Net Revenue, By Business Segment (%), FY2019
Figure 134: Littelfuse Net Revenue, By Geographical Segment (%), FY2019
Figure 135: Vishay Net Revenue,2014-2018(USD Million)
Figure 136: Vishay Gross Profit, 2014-2018 (USD Million)
Figure 137: Vishay net revenue, By Business Segment (%), FY2018
Figure 138: Vishay net revenue, By Geographical Segment (%), FY2018
List of Tables
Table A:Prominent SiC Power Device companies operating in Americas Market
Table B:Prominent SiC Power Device companies operating in Europe Market
Table C:Prominent SiC Power Device companies operating in APAC Market
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