The North America SiC Power Semiconductor Market is expected to gain market growth in the forecast period of 2020 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 19.1% in the forecast period of 2022 to 2029 and expected to reach USD 659.38 million by 2029. Growing electric vehicle charging infrastructure in the region is driving the market growth.
North America SiC Power Semiconductor Market analysis report puts light on several factors such as market size in various countries around the world, projected CAGR of the market to grow in the forecast period 2020-2029, base year calculated in the report, key factors driving the market, most influencing segment growing in the market, top companies that hold the market share in the market, region to provide more business opportunities in the coming years and more. The report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. North America SiC Power Semiconductor business report makes some important proposals for a new project of North America SiC Power Semiconductor Market before evaluating its feasibility.
The North America SiC Power Semiconductor Market report gives market analysis by taking into account market structure along with forecast of the various segments and sub-segments of the North America SiC Power Semiconductor industry. The market size, revenue generated from the sales and technologies by various application segments are also evaluated in this North America SiC Power Semiconductor Market report. This North America SiC Power Semiconductor Market document delivers the best analytics through exhaustive research methodologies. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the market opportunities have also been discussed in this business report. Analysis of upstream raw materials, downstream demand, and current market dynamics is also performed here.
North America SiC Power Semiconductor Market Scope and Market Size
North America SiC power semiconductor market is segmented on the basis of type, voltage range, application, wafer size, wafer type and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, global SiC power semiconductor market is segmented into MOSFETS, hybrid modules, schottky barrier diodes (SBDS), sic bare die, PiN diode, junction FET (JFET), bipolar junction transistor (BJT) and others. The MOSFETS are dominating the market due to its superiority in amplifying signals and MOSFETs are widely used as switches in electronic amplification devices Also, combination of SiC and MOSFET offer smother amplification as compared to other transistors.
- On the basis of voltage range, global SiC power semiconductor market is segmented into less than 300V, 301-900V, 901-1700V, 1701V and above. The 901 – 1700 V range is dominating the market due to range offered by companies and for majority of the products and high acceptance of 901-1700 V range for improved performance and smoother conductions.
- On the basis of application, the market is segmented into power supplies, electric vehicles (EV), EV charging infrastructure, industrial motor drives, inverters, RF devices and others. Power Supplies segment is dominating the market power supplies are majorly used in plugs and sockets which where high conductive material is required for less losses and improved efficiency for faster operations.
- On the basis of wafer size, the market is segmented into 2 inch, 4 inch, 6 inch and above. The 6 inch and above size wafer is dominating the market due to its compatibility with high end applications. Larger wafer size allows faster fabrication on single wafer in order to save cost and time.
- On the basis of wafer type, the market is segmented blank SiC wafers and SiC epitaxial wafers. SiC epitaxial wafers holds largest market share in wafer type segment as it suitably compliments large sized wafers for smoother fabrication of integrated circuits. Similar to 6 inch and above wafers, epitaxial wafers dominates the wafer type segment.
- On the basis of vertical, the market is segmented into industrial, commercial, automotive, consumer electronics, utilities energy, aerospace defense, medical, IT and telecommunications, others. Industrial segment holds largest market share in vertical segment due to rising use of low power high performance solution with longer durability requirement in the industries. The SiC power semiconductors are reduced in price due to abundant availability; which allows industrial sector to replace existing silicon materials and increase efficiency.
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Market Analysis and Insights - North America SiC Power Semiconductor Market
The SiC power semiconductor market is expected to gain market growth in the forecast period of 2020 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 19.1% in the forecast period of 2019 to 2029 and expected to reach USD 659.38 million by 2029. Growing electric vehicle charging infrastructure in the region is driving the market growth.
Increasing inclination of government and citizens towards electric vehicles is boosting market growth for EVs and respective charging infrastructure which majorly imply SiC power semiconductors for better conductivity and fast charging; hence this drives the market growth for SiC power semiconductors.
This SiC Power Semiconductor Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
The report answers questions such as:
- What is the market size and forecast of the North America SiC Power Semiconductor Market?
- What are the inhibiting factors and impact of COVID-19 shaping the North America SiC Power Semiconductor Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the North America SiC Power Semiconductor Market?
- What is the competitive strategic window for opportunities in the North America SiC Power Semiconductor Market?
- What are the technology trends and regulatory frameworks in the North America SiC Power Semiconductor Market?
- What is the market share of the leading vendors in the North America SiC Power Semiconductor Market?
- What modes and strategic moves are considered suitable for entering the North America SiC Power Semiconductor Market?
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North America SiC Power Semiconductor Market Country Level Analysis
SiC power semiconductor market is analysed and market size information is provided by country, type, voltage range, application, wafer size, wafer type and vertical. The countries covered in SiC power semiconductor market report are U.S., Canada and Mexico in the North America.
U.S. dominates the SiC power semiconductor market in the region as major manufacturers such as NXP Semiconductors, GE are headquartered in U.S., also larger industrial sector in the country impacts positively on use of SiC based semiconductor.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Key Players- North America SiC Power Semiconductor Market
The major players covered in the report are
- Fuji Electric Co.
• GE
• Global Power Technologies Group
• Hitachi Power Semiconductor Device among other domestic and North America players Inc.
• Infineon Technologies AG
• LLC
• LTD.
• Littelfuse
• Ltd.
• Microsemi (A Subsidiary of Microchip Technology)
• Mitsubishi Electric Corporation
• NXP Semiconductors
• ROHM CO.
• Renesas Electronics Corporation
• SEMIKRON
• STMicroelectronics
• Semiconductor Components Industries
• Texas Instruments Incorporated
• Toshiba Electronic Devices Storage Corporation
• UnitedSiC
• Cree
DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: North America SiC Power Semiconductor Market by product type, Application, Form, End User and distribution channel.
Get TOC Details https://www.databridgemarketresearch.com/toc/?dbmr=north-america-sic-power-semiconductor-market
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