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SiC & GaN power semiconductor to Find Largest Application in Power Supplies
SiC & GaN power semiconductor is likely to find the largest application in Power supplies between 2017 and 2026. Power supplies are estimated to create an incremental opportunity above US$ 700 million between the forecast period from 2017 to 2026. Increasing demand renewable energy is resulting in the development of power semiconductor devices. Moreover, Silicon Carbide and Gallium Nitride are considered suitable for power semiconductor devices as it helps in reducing on-state resistance and miniaturizing the size of power devices.
4 Forecast Highlights on Global SiC & GaN Power Semiconductor Market
1. Asia Pacific Excluding Japan (APEJ) to emerge as the dominating region in the global SiC & GaN power semiconductor market. By the end of 2026, APEJ is projected to bring in more than US$ 2,200 million revenue. Increasing demand for mobile devices, the presence of the key companies are some of the factors driving the demand for SiC & GaN to power semiconductor in the region.
2. Meanwhile, Japan followed by Europe are also likely to see the significant growth in the coming years. Technological advancements in the regions are driving the market growth.
3. SiC is expected to witness significant growth during the forecast period. By the end of 2026, SiC as a material to power semiconductor is projected to exceed US$ 2,400 million revenue.
4. Compared to the various components, discrete SiC power devices are anticipated to witness growth. Discrete SiC power devices are projected to reach the value of nearly US$ 2,000 million revenue towards the end of 2026.
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Table of Content:
Global Economic Outlook
Global SiC & GaN Power Semiconductor Market - Executive Summary
Global SiC & GaN Power Semiconductor Market Overview
Global SiC & GaN Power Semiconductor Market Analysis and Forecast 2012-2026
North America SiC & GaN Power Semiconductor Market Size and Forecast, 2012-2026
Latin America SiC & GaN Power Semiconductor Market Size and Forecast, 2012-2026
Europe SiC & GaN Power Semiconductor Market Size and Forecast, 2012-2026
Japan SiC & GaN Power Semiconductor Market Size and Forecast, 2012-2026
APEJ SiC & GaN Power Semiconductor Market Size and Forecast, 2012-2026
MEA SiC & GaN Power Semiconductor Market Size and Forecast, 2012-2026
Global SiC & GaN Power Semiconductor Market Company Share, Competition Landscape and Company Profiles
Research Methodology
Disclaimer
Continued….
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