Analysis of SiC and GaN Power Semiconductor Market from Angles of Applications, Demand, Regions, Product Types and End Industries, 2017-2026

Rockville, US, 2018-May-24 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting the market growth of global SiC & GaN power semiconductor market. The study is titled as “SiC & GaN Power Semiconductor Market Research Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2026. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global SiC & GaN power semiconductor market.

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Increasing production of hybrid electric vehicles and electric vehicles globally is fueling the demand for power semiconductor devices such as SiC and GaN. Also, the growing use of mobile devices is contributing to the demand for SiC & GaN power semiconductor. With the increasing use of SiC, SiC metal-oxide semiconductor field-effect transistors (MOSFET) have gained immense popularity among manufacturers. Meanwhile, GaN-on-silicon (GaN-on-Si) devices are also anticipated to witness growth in the coming years. GaN semiconductor devices are also witnessing increasing application in automotive, information and communication technology, consumer electronics and medical. Also, the advancement in semiconductor and power electronics is helping companies to improve power management and battery capacity.

As per the report by Fact.MR, the global SiC & GaN power semiconductor market is expected to witness robust growth, increasing at a CAGR of 24.7%. The global SiC & GaN power semiconductor market is also projected to reach US$ 2,986.3 million revenue by the end of 2026. Increasing adoption of mobile devices and other electronic devices is driving the need of semiconductors, this, in turn, is resulting in the increasing use of SiC & GaN to power semiconductor devices and at the same time offering various advantages. Following are the insights showing how the global SiC & GaN power semiconductor market will perform in the coming years.

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 Contents:

1. Global Economic Outlook
2. Global SiC & GaN Power Semiconductor Market – Executive Summary
3. Global SiC & GaN Power Semiconductor Market Overview
   3.1. Introduction
   3.1.1. Global SiC & GaN Power Semiconductor Market Taxonomy
   3.1.2. Global SiC & GaN Power Semiconductor Market Definition
   3.2. Global SiC & GaN Power Semiconductor Market Size (US$ Mn) and Forecast, 2012-2026
   3.2.1. Global SiC & GaN Power Semiconductor Market Y-o-Y Growth
   3.3. Global SiC & GaN Power Semiconductor Market Dynamics
   3.4. Supply Chain
   3.5. Cost Structure
   3.6. PESTLE Analysis
   3.7. Product Lifecycle
   3.8. List of Distributors
   3.9. Key Participants Market Presence (Intensity Map) By Region
4. Global SiC & GaN Power Semiconductor Market Analysis and Forecast 2012-2026 
   4.1. Global SiC & GaN Power Semiconductor Market Size and Forecast By Material Type, 2012-2026
   4.1.1. SiC Market Size and Forecast, 2012-2026
   4.1.1.1. Revenue (US$ Mn) Comparison, By Region
   4.1.1.2. Market Share Comparison, By Region
   4.1.1.3. Y-o-Y growth Comparison, By Region
   4.1.2. GaN Market Size and Forecast, 2012-2026
   4.1.2.1. Revenue (US$ Mn) Comparison, By Region
   4.1.2.2. Market Share Comparison, By Region
   4.1.2.3. Y-o-Y growth Comparison, By Region

Continued……..

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