Silicon Carbide Semiconductor Market, Global Outlook and Forecast 2024-2031

Report ID: 1066873 | Published Date: Jan 2025 | No. of Page: 70 | Base Year: 2024 | Rating: 4.1 | Webstory: Check our Web story

Silicon carbide is a chemical compound of silicon and carbon, it improves the efficiency of a semiconductor device, resists from radiation and provides high power efficiency.
This report contains market size and forecasts of Silicon Carbide Semiconductor in global, including the following market information:
Global Silicon Carbide Semiconductor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Silicon Carbide Semiconductor Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Silicon Carbide Semiconductor companies in 2021 (%)
The global Silicon Carbide Semiconductor market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
2H-SIC Semiconductors Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Silicon Carbide Semiconductor include Cree, Inc., Fairchild Semiconductor, GeneSiC Semiconductor, Norstel AB, STMicroelectronics, Infineon Technologies, Texas Instruments, NXP Semiconductors and ON Semiconductor, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Silicon Carbide Semiconductor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Silicon Carbide Semiconductor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Silicon Carbide Semiconductor Market Segment Percentages, by Type, 2021 (%)
2H-SIC Semiconductors
3C-SIC Semiconductors
4H-SIC Semiconductors
6H-SIC Semiconductors
Others
Global Silicon Carbide Semiconductor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Silicon Carbide Semiconductor Market Segment Percentages, by Application, 2021 (%)
Automotive
Consumer Electronics
Industrial
Medical
Railways
Others
Global Silicon Carbide Semiconductor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Silicon Carbide Semiconductor Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Silicon Carbide Semiconductor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Silicon Carbide Semiconductor revenues share in global market, 2021 (%)
Key companies Silicon Carbide Semiconductor sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Silicon Carbide Semiconductor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cree, Inc.
Fairchild Semiconductor
GeneSiC Semiconductor
Norstel AB
STMicroelectronics
Infineon Technologies
Texas Instruments
NXP Semiconductors
ON Semiconductor
GE
Power Integrations

Frequently Asked Questions
Silicon Carbide Semiconductor Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Silicon Carbide Semiconductor Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Silicon Carbide Semiconductor Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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