Global SiC and GaN Power
Semiconductor Market Segmentation, By Material Type (Silicon Carbide (SiC) {SiC
Diodes, SiC MOSFETs, SiC Modules, SiC Bare Dies}, Gallium Nitride (GaN) {GaN
Power Transistors, GaN Power ICs, GaN-on-Si, GaN-on-SiC}), By Wafer Size (≤150mm,
200mm, ≥300mm), By Voltage Range (Low Voltage (<600V), Medium Voltage
(600V-1200V), High Voltage (>1200V)), By Application (Automotive, Industrial,
Consumer Electronics, Energy & Power, Telecom & Datacom, Aerospace
& Defense, Others), By End User (OEMs, ODMs, EMS Providers)- Industry
Trends and Forecast to 2033
Global SiC and GaN Power
Semiconductor Market size was valued at USD 2467.2 million
in 2024 and is expected to grow at a CAGR of 21.9% during the forecast
period of 2025 to 2033.
Global SiC and GaN Power Semiconductor Market Overview
The global SiC (Silicon Carbide)
and GaN (Gallium Nitride) strength semiconductor marketplace is witnessing
strong growth, driven with the aid of using growing demand for
electricity-green solutions in electric vehicles (EVs), renewable electricity
systems, and commercial programs. These wide-bandgap substances provide
advanced thermal conductivity, better breakdown voltage, and quicker switching
speeds as compared to standard silicon, allowing compact, high-overall
performance designs. Key tendencies consist of technological improvements in
wafer production, developing adoption in rapid chargers and inverters, and
strategic collaborations amongst main players. While better preliminary
expenses and delivery chain challenges persist, increasing programs in
statistics centers, telecom, and aerospace gift giant possibilities for
marketplace growth worldwide.
Global SiC and GaN Power Semiconductor Market Scope
|
Factors |
Description |
|
Years Considered |
·
Historical Period: 2020-2023 ·
Base Year: 2024 ·
Forecast Period: 2025-2033 |
|
Segments |
·
By Material Type: Silicon Carbide (SiC) {SiC
Diodes, SiC MOSFETs, SiC Modules, SiC Bare Dies}, Gallium Nitride (GaN) {GaN
Power Transistors, GaN Power ICs, GaN-on-Si, GaN-on-SiC} ·
By Wafer Size: ≤150mm, 200mm, ≥300mm ·
By Voltage Range: Low Voltage (<600V),
Medium Voltage (600V-1200V), High Voltage (>1200V) ·
By Application: Automotive, Industrial,
Consumer Electronics, Energy & Power, Telecom & Datacom, Aerospace
& Defense, Others ·
By End User: OEMs, ODMs, EMS Providers |
|
Countries Catered |
North America ·
United States ·
Canada ·
Mexico Europe ·
United Kingdom ·
Germany ·
France ·
Spain ·
Italy ·
Rest of Europe Asia Pacific ·
China ·
India ·
Japan ·
Australia ·
South Korea ·
Rest of Asia Pacific Latin America ·
Brazil ·
Argentina ·
Rest of Latin America Middle East
& Africa ·
Saudi Arabia ·
South Africa ·
Rest of MEA |
|
Key Companies |
·
Qorvo
(United Silicon Carbide Inc.) ·
IQE
PLC ·
AGC
Inc. |
|
Market Trends |
·
Increasing integration of wide-bandgap (WBG)
semiconductors in EV powertrains and renewable energy applications. ·
Rising demand for high-frequency,
high-efficiency power converters in 5G telecom infrastructure. |
Global SiC and GaN Power Semiconductor Market Dynamics
The global SiC (Silicon Carbide)
and GaN (Gallium Nitride) strength semiconductor market is experiencing dynamic
increase, fueled thru manner of way of increasing adoption in electric vehicles
(EVs), renewable electricity systems, commercial enterprise automation, and
telecom infrastructure. Key drivers embody the superior properties of these
wide-bandgap (WBG) materials, collectively with high breakdown voltage, thermal
conductivity, and fast switching capability, which permit higher overall
performance, strength density, and miniaturization in comparison to traditional
silicon-based semiconductors. The market is similarly supported through manner
of way of growing fast chargers, onboard chargers, and immoderate-overall
performance inverters, essential to meeting the global push for electrification
and sustainability.
Prominent developments embody
technological advancements, collectively with the glide toward 200mm SiC wafers
and superior GaN fabrication techniques, which reason to reduced prices and
scale production. Strategic collaborations, mergers, and acquisitions thru
manner of way of key game enthusiasts like Wolfspeed, Infineon,
STMicroelectronics, and ROHM Semiconductor are reshaping the competitive
landscape and accelerating innovation. However, the market faces restraints,
together with higher upfront prices and supply chain disturbing conditions
related to wafer production and cloth availability, which limit adoption in
rate-sensitive segments. Opportunities abound in growing applications like
statistics centers, 5G base stations, aerospace, and smart grids, wherein the
decision for immoderate-frequency, inexperienced strength conversion is
growing. Challenges remain, in particular spherical ensuring long-term device
reliability in harsh environments and building a broader format understanding
at some stage in industries. Overall, the combination of technological
advancement, evolving applications, and supportive government policies is
expected to strain great increase within the SiC and GaN strength semiconductor
market in the approaching years, however, current rate and supply hurdles.
Global SiC and GaN Power
Semiconductor Market Segment Analysis
The global SiC and GaN strength
semiconductor marketplace is segmented withinside the route of several
dimensions to reflect the form of technologies, packages, and production
tendencies using growth. By fabric type, the marketplace is cut up into Silicon
Carbide (SiC) and Gallium Nitride (GaN). Within SiC, key merchandise
encompasses SiC diodes, SiC MOSFETs, SiC strength modules, and SiC naked dies,
all of which allow better typical overall performance and compact layout in
strength electronics. The GaN phase includes GaN strength transistors, GaN
strength ICs, GaN-on-Silicon (GaN-on-Si), and GaN-on-Silicon Carbide
(GaN-on-SiC), supplying advantages in high-frequency, low-loss packages like
fast chargers and telecom devices. By wafer size, the marketplace covers
≤150mm, 200mm, and ≥300mm wafers. The transition closer to large wafers, mainly
200mm, is gaining momentum amongst foremost producers to improve manufacturing
overall performance, decrease unit costs, and meet the growing demand in the
car and business sectors. Although ≥300mm wafers are even though in a
developing phase, ongoing R&D factors to destiny for scalability.
The voltage variety phase
consists of low-voltage (1200V) gadgets appropriate for power infrastructure,
electric buses, and rail. This variety illustrates how SiC and GaN answers cope
with various strength control wishes within the route of sectors. In phrases of
packages, the marketplace serves car (appreciably EV strength modules and
onboard chargers), business automation and robotics, purchaser electronics like
adapters and wi-fi chargers, strength & strength structures for renewable
integration, telecom & datacom (mainly 5G base stations and servers),
aerospace & protection for light-weight and high-reliability structures,
and others such as scientific gadgets. Finally, with the useful resource of
using forestall user, the marketplace caters to OEMs growing in-residence
strength structures, ODMs designing merchandise for brands, and EMS providers
(electronics production services) supplying settlement production and
integration. This segmentation highlights the rate chain's complexity and the crucial
function of collaborative partnerships in turning in next-generation,
strength-green strength answers primarily based on SiC and GaN technologies.
Global SiC and GaN Power
Semiconductor Market Regional Analysis
The regional dynamics in the global
SiC and GaN strength semiconductor market suggests strong close by dynamics,
with Asia-Pacific predominant due to fast growth in electric powered powered
vehicles (EVs), renewable strength tasks, and 5G infrastructure, supported with
the resource of the usage of governments in China, Japan, and South Korea.
Europe follows, driven with the resource of the usage of bold carbon neutrality
goals and a robust EV ecosystem, mainly in Germany and France, alongside strong
investments in automobile strength electronics and industrial automation. North
America advantages from technological leadership, R&D tasks, and the
presence of key game enthusiasts like Wolfspeed and Qorvo, accelerating
adoption in data centers, aerospace, and renewable strength. Latin America and
the Middle East & Africa stay growing markets, showing capacity as EV
adoption and grid modernization tasks expand. Across all regions, strategic
collaborations, capacity expansions, and government incentives for easy strength
and e-mobility hold to decorate demand, positioning SiC and GaN semiconductors
as vital enablers of next-era strength conversion and overall performance
improvements worldwide.
Global SiC and GaN Power Semiconductor Market Key Players
·
STMicroelectronics N.V.
·
Infineon Technologies
·
Wolfspeed, Inc.
·
ROHM Semiconductor
·
On Semiconductor Corp
·
NXP Semiconductors N.V.
·
Microsemi Corporation
·
Qorvo (United Silicon Carbide Inc.)
·
IQE PLC
·
AGC Inc.
·
Genesic Semiconductor Inc.
·
Panasonic Corporation
Recent Developments
In May 2024, Power
Integrations agreed to acquire Odyssey Semiconductor’s GaN transistor
assets bringing in their vertical GaN expertise to enhance its PowiGaN lineup
and accelerate high-voltage, high-current GaN product development.
In June 2024, Renesas
finalized the acquisition of GaN specialist Transphorm for $339 million, integrating Transphorm’s GaN power product suite and reference designs, bolstering its
SiC/GaN roadmap amidst wafer manufacturing expansion and a planned 10-year SiC
wafer supply deal with Wolfspeed.
Research Methodology
At Foreclaro Global Research, our
research methodology is firmly rooted in a comprehensive and systematic
approach to market research. We leverage a blend of reliable public and
proprietary data sources, including industry reports, government publications,
company filings, trade journals, investor presentations, and credible online
databases. Our analysts critically evaluate and triangulate information to
ensure accuracy, consistency, and depth of insights. We follow a top-down and
bottom-up data modelling framework to estimate market sizes and forecasts,
supplemented by competitive benchmarking and trend analysis. Each research
output is tailored to client needs, backed by transparent data validation
practices, and continuously refined to reflect dynamic market conditions.
