The Global Silicon Carbide Power Semiconductor Market: Growth, Trends and Forecast (2018-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 15, 2019--The “Global Silicon Carbide Power Semiconductor Market - Segmented By Component (Discrete, Modules, Power Integrated Circuits) by End-User and Region - Growth, Trends and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The Silicon Carbide (SiC) Power Semiconductor market is expected to register a CAGR of over 27.5% during the forecast period 2018-2023. The report profiles the application of Silicon Carbide Power Semiconductors for various industries.
The silicon carbide (SiC) power semiconductor market is growing significantly due to its characteristics like enhanced features of power efficiency, low input and switching loss and high speed, enhanced portability are the other drivers guiding the growth of the SiC power semiconductor market in the future.
The increasing demand for SiC-based photovoltaic cells and rising government investments, especially in growing economies, and the expanding application of solar energy are expected to propel market growth further.
Apart from technological advantages, Silicon carbide power semiconductors are trending these days, due to increasing consumer interest towards electric vehicles and growing advancement in next-generation transistors. The growing advancement in SiC MOSFETs are impacting the future growth of SiC power semiconductor market.
However, with growth of consumer demand exceeding the factory capacity and global shortage of Silicon Wafer due to limited number of vendors could be some of the factors hindering the growth of the Silicon Carbide (SiC) power semiconductors market over the forecast period.
Key HighlightsPower Integrated Circuits is Expected to Grow at a Significant Rate Asia Pacific will Grow Significantly over the Forecast Period
2. Research Approach and Methodology
3. Executive Summary
4. Silicon Carbide Power Semiconductor Market Dynamics
5. Global Silicon Carbide Power Semiconductor Market Segmentation
6. Silicon Carbide Power Semiconductor Market Companies
7. Investment Analysis of Silicon Carbide Power Semiconductor Market
8. Opportunities in Global Silicon Carbide Power Semiconductor Market
Companies ProfiledInfineon technologies AG Texas instruments Inc. STMicroelectronics N.V. Hitachi Power Semiconductor Device Ltd. NXP Semiconductor Fuji Electric Co. Ltd. Semikron International GmbH Cree Inc. ON Semiconductor Corporation Renesas Electronic Corporation Broadcom Limited Toshiba Corporation Mitsubishi Electric Corporation
For more information about this report visit https://www.researchandmarkets.com/research/n863b5/the_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190115005479/en/
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Related Topics:Advanced Materials,Semiconductor,Electronic Chemicals
INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/15/2019 08:29 AM/DISC: 01/15/2019 08:29 AM