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GaN and SiC Power Semiconductor Market: Analysts Expect Robust Growth in 2025

Author : Ronak Bora | Published Date : 2020-09-07 

GaN and SiC power semiconductor market has emerged as one of the lucrative business avenues for the players in electronics and media sector. In fact, over the last few years, semiconductor manufacturers have been observing fierce competition pertaining to the development of GaN and SiC power devices. The growing use of such devices in renewable energy generation applications will have a notable impact on the future product demand.

Though the GaN and Sic power semiconductor has the capability to withstand higher operational temperature, leading contributors in semiconductor market have been involved in the development of insulating substrates which can be used in electronic devices for heat dissipation. Continuous upgradation of existing technology trends in the semiconductor industry is likely to propel GaN and SiC power semiconductor market share.

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Heavy dependency on inefficient coal-fired power plants and fossil fuels is one of the prominent reasons why the energy sector has been contributing to global greenhouse gas emissions. In this regard, regulatory bodies like United Nations Development Program (UNDP) have been working rigorously to bring transition across the globe through renewable energies.

Continuous contribution by the governing bodies to use renewable energy technologies will strengthen GaN and SiC power semiconductor market landscape over the years ahead.

Top Key Players In GaN and SiC Power Semiconductor Market are Alpha & Omega Semiconductor, Diodes Incorporated, Fuji Electric, Infineon Technologies, Littelfuse, Microsemi Corporation, Mitsubishi Electric, Nexperia Semiconductors, On Semiconductor, Renesas Electronics Corporation, Rohm Semiconductor, Sanken Electric Company, Semikron, Shindengen Electric Manufacturing Co. Ltd., STMicroelectronics

In the Asia Pacific region, India and China will turn out to be leading business contributors for GaN and SiC power semiconductor market. The ongoing installation of large-scale solar power projects across India and China is mainly responsible for driving the regional growth. For instance, China has the potential to have world’s largest solar power plant, once the three phase Datong Solar Power plant of 3GW capacity is completed.

Increasing renewable energy applications across the globe will generate lucrative business opportunities ahead for companies in GaN and SiC power semiconductor market. Growing popularity of renewables across the globe and proliferating installations of photovoltaic inverters will drive market trends over the coming years. Rise in the deployment of pollution mitigating policies to endorse a clean and sustainable environment is also predicted to improve GaN and SiC power semiconductor industry outlook over the years ahead.

Table Of Content:

Chapter 4. GaN and SiC Power Semiconductor Market, By Product

4.1. Key trends in GaN and SiC Power Semiconductor, by product

4.2. SiC power module

4.2.1. Market estimates and forecast, 2015 - 2025

4.3. GaN power module

4.3.1. Market estimates and forecast, 2015 – 2025

4.4. Discrete SiC

4.4.1. Market estimates and forecast, 2015 - 2025

4.5. Discrete GaN

4.5.1. Market estimates and forecast, 2015 - 2025

Chapter 5. GaN and SiC Power Semiconductor Market, By Application

5.1. Key trends in GaN and SiC Power Semiconductor, by application

5.2. Power supplies

5.2.1. Market estimates and forecast, 2015 - 2025

5.3. Industrial motor drives

5.3.1. Market estimates and forecast, 2015 – 2025

5.4. H/EV

5.4.1. Market estimates and forecast, 2015 - 2025

5.5. PV inverters

5.5.1. Market estimates and forecast, 2015 - 2025

5.6. Traction

5.6.1. Market estimates and forecast, 2015 – 2025

5.7. Others

5.7.1. Market estimates and forecast, 2015 - 2025

Chapter 6. GaN and SiC Power Semiconductor Market, By Region (Revenue)

6.1    Key trends by region

6.2    North America

6.2.4   U.S.

6.2.5   Canada

6.3    Europe

6.3.3   UK

6.3.4   Germany

6.3.5   France

6.3.6   Italy

6.3.7   Spain

6.4    Asia Pacific

6.4.3   China

6.4.4   India

6.4.5   Japan

6.5    Latin America

6.5.3   Brazil

6.5.4   Mexico

6.6    MEA

6.6.3   GCC

6.6.4   South Africa

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/gan-and-sic-power-semiconductor-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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