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Silicon Carbide Power Devices Market – By Power Module (Power and SiC Discrete) and By Application (IT &Telecom, Aerospace &Defense, Industrial, Energy &Power and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

  • Publish On: Mar-2020
  • Total Pages: 176
  • Report Code: FAF-782
  • Base Year: 2019
  • Format:

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the silicon carbide power devicesindustry. The report analyzes and declares the historical and current trends analysis of the silicon carbide power devicesindustry and subsequently recommends the projected trends anticipated to be observed in the silicon carbide power devicesmarket during the upcoming years.

The silicon carbide power devicesmarket report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire silicon carbide power devicesmarket. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the silicon carbide power devices industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the silicon carbide power devicesindustry. The report provides an all-inclusive and detailed competitive landscape prevalent in the silicon carbide power devicesmarket.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the silicon carbide power devicesindustry. The silicon carbide power devicesmarket report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the silicon carbide power devicessector. Key strategic developments in the silicon carbide power devicesmarket competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the silicon carbide power devicesmarket are appropriately highlighted in the report.

The electronic properties of silicon carbide semiconductors are higher than those of silicon. We have higher electron speed and electron mobility. Higher energy gap means silicon carbide power semiconductors are less prone to overheating.With reduced noise levels in electronic circuits than silicone devices, silicon carbide contributes in reducing power losses. These have been strengthened the adoption of silicon carbide in power devices.

Additionally, the rising demand for electronics devices propels the growth of SiC's market in power devices. Power electronics ensuresefficient and effective electrical power management and conversion. Elevated demand for electronics in various vertical industries like medicine, defense and aerospace, plays a key role in growing SiC's adoption of power systems.

The silicon carbide power devicesmarket research report delivers an acute valuation and taxonomy of the silicon carbide power devicesindustry by practically splitting the market on the basis of different power modules, application and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the silicon carbide power devicesindustry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the silicon carbide power devicesindustry is provided for the leading economies of the world.

The silicon carbide power devicesmarket is segmented based on power module and application.  On the basis of power module segmentation, the market is classified into power and SiC discrete. In terms of application segmentation, the market is bifurcated into IT & telecom, aerospace & defense, industrial, energy & power and others.

Some of the essential players operating in the silicon carbide power devicesmarket, but not restricted to include General Electric, Power Integrations,  Fairchild Semiconductor, Toshiba Corporation, NXP Semiconductors,  Microsemi Corporation, STMicroelectronics Industries, Renesas Electronics Corporation, and Tokyo Electron Limited.

The taxonomy of the silicon carbide power devicesindustry by its scope and segmentation is as follows:

Global Silicon Carbide Power Devices Market: By Power Module Segmentation Analysis

  • Power
  • SiC discrete

Global Silicon Carbide Power Devices Market: By Application Segmentation Analysis

  • IT & Telecom
  • Aerospace & Defense
  • Industrial
  • Energy & Power
  • Others

Global Silicon Carbide Power Devices Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

  • Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
  • Direct and Indirect Rationales Impacting the Industry
  • In-depth and Micro Analysis of Viable Segments and Sub-segments
  • Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
  • Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
  • Key Buyers and End-Users Analysis
  • Value Chain and Manufacturing Cost Structure Analysis wherever relevant
  • Key Marketing Strategies as well as Key Sales Channels adopted in the market
  • Investment Opportunity Analysis & Patents Analysis wherever feasible
  • Technological Road Map & Technical Analysis
  • Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)

 

 

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Silicon Carbide Power Devices market – Power Module Analysis
    1. 2.1. Global Silicon Carbide Power Devices Market – Power Module Overview
    2. 2.2. Global Silicon Carbide Power Devices Market Share, by Power Module, 2019&2026 (USD Million)
    3. 2.3. Power
      1. 2.3.1. Global Power Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
    4. 2.4. SiC Discrete
      1. 2.4.1. Global SiC Discrete Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
  3. CHAPTER 3. Silicon Carbide Power Devices market – Application Analysis
    1. 3.1. Global Silicon Carbide Power Devices Market – Application Overview
    2. 3.2. Global Silicon Carbide Power Devices Market Share, by Application, 2019&2026 (USD Million)
    3. 3.3. IT & Telecom
      1. 3.3.1. Global IT & Telecom Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
    4. 3.4. Aerospace & Defense
      1. 3.4.1. Global Aerospace & Defense Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
    5. 3.5. Industrial
      1. 3.5.1. Global Industrial Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
    6. 3.6. Energy & Power
      1. 3.6.1. Global Energy & Power Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
    7. 3.7. Others
      1. 3.7.1. Global Others Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
  4. CHAPTER 4. Silicon Carbide Power Devices market – Regional Analysis
    1. 4.1. Global Silicon Carbide Power Devices Market Regional Overview
    2. 4.2. Global Silicon Carbide Power Devices Market Share, by Region, 2019&2026 (Value)
    3. 4.3. North America
      1. 4.3.1. North America Silicon Carbide Power Devices Market size and forecast, 2016-2026
      2. 4.3.2. North America Silicon Carbide Power Devices Market, by Country, 2019&2026 (USD Million)
      3. 4.3.3. North America Silicon Carbide Power Devices Market, by Power Module, 2016-2026
        1. 4.3.3.1. North America Silicon Carbide Power Devices Market, by Power Module, 2016-2026 (USD Million)
      4. 4.3.4. North America Silicon Carbide Power Devices Market, by Application, 2016-2026
        1. 4.3.4.1. North America Silicon Carbide Power Devices Market, by Application, 2016-2026 (USD Million)
      5. 4.3.5. U.S.
        1. 4.3.5.1. U.S. Market size and forecast, 2016-2026 (USD Million)
      6. 4.3.6. Canada
        1. 4.3.6.1. Canada Market size and forecast, 2016-2026 (USD Million)
    4. 4.4. Europe
      1. 4.4.1. Europe Silicon Carbide Power Devices Market size and forecast, 2016-2026
      2. 4.4.2. Europe Silicon Carbide Power Devices Market, by Country, 2019&2026 (USD Million)
      3. 4.4.3. Europe Silicon Carbide Power Devices Market, by Power Module, 2016-2026
        1. 4.4.3.1. Europe Silicon Carbide Power Devices Market, by Power Module, 2016-2026 (USD Million)
      4. 4.4.4. Europe Silicon Carbide Power Devices Market, by Application, 2016-2026
        1. 4.4.4.1. Europe Silicon Carbide Power Devices Market, by Application, 2016-2026 (USD Million)
      5. 4.4.5. Germany
        1. 4.4.5.1. Germany Market size and forecast, 2016-2026 (USD Million)
      6. 4.4.6. France
        1. 4.4.6.1. France Market size and forecast, 2016-2026 (USD Million)
      7. 4.4.7. U.K.
        1. 4.4.7.1. U.K. Market size and forecast, 2016-2026 (USD Million)
      8. 4.4.8. Italy
        1. 4.4.8.1. Italy Market size and forecast, 2016-2026 (USD Million)
      9. 4.4.9. Spain
        1. 4.4.9.1. Spain Market size and forecast, 2016-2026 (USD Million)
      10. 4.4.10. Rest of Europe
        1. 4.4.10.1. Rest of Europe Market size and forecast, 2016-2026 (USD Million)
    5. 4.5. Asia Pacific
      1. 4.5.1. Asia Pacific Silicon Carbide Power Devices Market size and forecast, 2016-2026
      2. 4.5.2. Asia Pacific Silicon Carbide Power Devices Market, by Country, 2019&2026 (USD Million)
      3. 4.5.3. Asia Pacific Silicon Carbide Power Devices Market, by Power Module, 2016-2026
        1. 4.5.3.1. Asia Pacific Silicon Carbide Power Devices Market, by Power Module, 2016-2026 (USD Million)
      4. 4.5.4. Asia Pacific Silicon Carbide Power Devices Market, by Application, 2016-2026
        1. 4.5.4.1. Asia Pacific Silicon Carbide Power Devices Market, by Application, 2016-2026 (USD Million)
      5. 4.5.5. China
        1. 4.5.5.1. China Market size and forecast, 2016-2026 (USD Million)
      6. 4.5.6. Japan
        1. 4.5.6.1. Japan Market size and forecast, 2016-2026 (USD Million)
      7. 4.5.7. India
        1. 4.5.7.1. India Market size and forecast, 2016-2026 (USD Million)
      8. 4.5.8. South Korea
        1. 4.5.8.1. South Korea Market size and forecast, 2016-2026 (USD Million)
      9. 4.5.9. South-East Asia
        1. 4.5.9.1. South-East Asia Market size and forecast, 2016-2026 (USD Million)
      10. 4.5.10. Rest of Asia Pacific
        1. 4.5.10.1. Rest of Asia Pacific Market size and forecast, 2016-2026 (USD Million)
    6. 4.6. Latin America
      1. 4.6.1. Latin America Silicon Carbide Power Devices Market size and forecast, 2016-2026
      2. 4.6.2. Latin America Silicon Carbide Power Devices Market, by Country, 2019&2026 (USD Million)
      3. 4.6.3. Latin America Silicon Carbide Power Devices Market, by Power Module, 2016-2026
        1. 4.6.3.1. Latin America Silicon Carbide Power Devices Market, by Power Module, 2016-2026 (USD Million)
      4. 4.6.4. Latin America Silicon Carbide Power Devices Market, by Application, 2016-2026
        1. 4.6.4.1. Latin America Silicon Carbide Power Devices Market, by Application, 2016-2026 (USD Million)
      5. 4.6.5. Brazil
        1. 4.6.5.1. Brazil Market size and forecast, 2016-2026 (USD Million)
      6. 4.6.6. Mexico
        1. 4.6.6.1. Mexico Market size and forecast, 2016-2026 (USD Million)
      7. 4.6.7. Rest of Latin America
        1. 4.6.7.1. Rest of Latin America Market size and forecast, 2016-2026 (USD Million)
    7. 4.7. The Middle-East and Africa
      1. 4.7.1. The Middle-East and Africa Silicon Carbide Power Devices Market size and forecast, 2016-2026
      2. 4.7.2. The Middle-East and Africa Silicon Carbide Power Devices Market, by Country, 2019&2026 (USD Million)
      3. 4.7.3. The Middle-East and Africa Silicon Carbide Power Devices Market, by Power Module, 2016-2026
        1. 4.7.3.1. The Middle-East and Africa Silicon Carbide Power Devices Market, by Power Module, 2016-2026 (USD Million)
      4. 4.7.4. The Middle-East and Africa Silicon Carbide Power Devices Market, by Application, 2016-2026
        1. 4.7.4.1. The Middle-East and Africa Silicon Carbide Power Devices Market, by Application, 2016-2026 (USD Million)
      5. 4.7.5. GCC Countries
        1. 4.7.5.1. GCC Countries Market size and forecast, 2016-2026 (USD Million)
      6. 4.7.6. South Africa
        1. 4.7.6.1. South Africa Market size and forecast, 2016-2026 (USD Million)
      7. 4.7.7. Rest of Middle-East Africa
        1. 4.7.7.1. Rest of Middle-East Africa Market size and forecast, 2016-2026 (USD Million)
  5. CHAPTER 5. Silicon Carbide Power Devices market – Competitive Landscape
    1. 5.1. Competitor Market Share – Revenue
    2. 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 5.3. Strategic Development
      1. 5.3.1. Acquisitions and Mergers
      2. 5.3.2. New Products
      3. 5.3.3. Research & Development Activities
  6. CHAPTER 6. Company Profiles
    1. 6.1. General Electric
      1. 6.1.1. Company Overview
      2. 6.1.2. General Electric Revenue and Gross Margin
      3. 6.1.3. Product portfolio
      4. 6.1.4. Recent initiatives
    2. 6.2. Power Integrations
      1. 6.2.1. Company Overview
      2. 6.2.2. Power Integrations Revenue and Gross Margin
      3. 6.2.3. Product portfolio
      4. 6.2.4. Recent initiatives
    3. 6.3. Fairchild Semiconductor
      1. 6.3.1. Company Overview
      2. 6.3.2. Fairchild Semiconductor Revenue and Gross Margin
      3. 6.3.3. Product portfolio
      4. 6.3.4. Recent initiatives
    4. 6.4. Toshiba Corporation
      1. 6.4.1. Company Overview
      2. 6.4.2. Toshiba Corporation Revenue and Gross Margin
      3. 6.4.3. Product portfolio
      4. 6.4.4. Recent initiatives
    5. 6.5. NXP Semiconductors
      1. 6.5.1. Company Overview
      2. 6.5.2. NXP Semiconductors Revenue and Gross Margin
      3. 6.5.3. Product portfolio
      4. 6.5.4. Recent initiatives
    6. 6.6. Microsemi Corporation
      1. 6.6.1. Company Overview
      2. 6.6.2. Microsemi Corporation Revenue and Gross Margin
      3. 6.6.3. Product portfolio
      4. 6.6.4. Recent initiatives
    7. 6.7. STMicroelectronics Industries
      1. 6.7.1. Company Overview
      2. 6.7.2. STMicroelectronics Industries Revenue and Gross Margin
      3. 6.7.3. Product portfolio
      4. 6.7.4. Recent initiatives
    8. 6.8. Renesas Electronics Corporation
      1. 6.8.1. Company Overview
      2. 6.8.2. Renesas Electronics Corporation Revenue and Gross Margin
      3. 6.8.3. Product portfolio
      4. 6.8.4. Recent initiatives
    9. 6.9. Tokyo Electron Limited
      1. 6.9.1. Company Overview
      2. 6.9.2. Tokyo Electron Limited Revenue and Gross Margin
      3. 6.9.3. Product portfolio
      4. 6.9.4. Recent initiatives
  7. CHAPTER 7. Silicon Carbide Power Devices — Industry Analysis
    1. 7.1. Silicon Carbide Power Devices Market – Key Trends
      1. 7.1.1. Market Drivers
      2. 7.1.2. Market Restraints
      3. 7.1.3. Market Opportunities
    2. 7.2. Value Chain Analysis
    3. 7.3. Technology Roadmap and Timeline
    4. 7.4. Silicon Carbide Power Devices Market – Attractiveness Analysis
      1. 7.4.1. By Power Module
      2. 7.4.2. By Application
      3. 7.4.3. By Region
  8. CHAPTER 8. Marketing Strategy Analysis, Distributors
    1. 8.1. Marketing Channel
    2. 8.2. Direct Marketing
    3. 8.3. Indirect Marketing
    4. 8.4. Marketing Channel Development Trend
    5. 8.5. Economic/Political Environmental Change
  9. CHAPTER 9. Report Conclusion
  10. CHAPTER 10. Research Approach & Methodology
    1. 10.1. Report Description
    2. 10.2. Research Scope
    3. 10.3. Research Methodology
      1. 10.3.1. Secondary Research
      2. 10.3.2. Primary Research
      3. 10.3.3. Models
        1. 10.3.3.1. Company Share Analysis Model
        2. 10.3.3.2. Revenue Based Modeling
        3. 10.3.3.3. Research Limitations

        List of Figures

        FIG. 1 Global Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
        FIG. 2 Global Silicon Carbide Power Devices Market Share, by Power Module, 2019&2026 (USD Million)
        FIG. 3 Global Power Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
        FIG. 4 Global SiC Discrete Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
        FIG. 5 Global Silicon Carbide Power Devices Market Share, by Application, 2019&2026 (USD Million)
        FIG. 6 Global IT & Telecom Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
        FIG. 7 Global Aerospace & Defense Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
        FIG. 8 Global Industrial Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
        FIG. 9 Global Energy & Power Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
        FIG. 10 Global Others Silicon Carbide Power Devices Market, 2016-2026 (USD Million)
        FIG. 11 Global Silicon Carbide Power Devices Market Share, by Region, 2019&2026
        FIG. 12 North America Silicon Carbide Power Devices Market, 2016-2026
        FIG. 13 U.S. Silicon Carbide Power Devices Market, 2016-2026
        FIG. 14 Canada Silicon Carbide Power Devices Market, 2016-2026
        FIG. 15 Europe Silicon Carbide Power Devices Market, 2016-2026
        FIG. 16 Germany Silicon Carbide Power Devices Market, 2016-2026
        FIG. 17 France Silicon Carbide Power Devices Market, 2016-2026
        FIG. 18 U.K. Silicon Carbide Power Devices Market, 2016-2026
        FIG. 19 Italy Silicon Carbide Power Devices Market, 2016-2026
        FIG. 20 Spain Silicon Carbide Power Devices Market, 2016-2026
        FIG. 21 Rest of Europe Silicon Carbide Power Devices Market, 2016-2026
        FIG. 22 Asia Pacific Silicon Carbide Power Devices Market, 2016-2026
        FIG. 23 China Silicon Carbide Power Devices Market, 2016-2026
        FIG. 24 Japan Silicon Carbide Power Devices Market, 2016-2026
        FIG. 25 India Silicon Carbide Power Devices Market, 2016-2026
        FIG. 26 South  Korea Silicon Carbide Power Devices Market, 2016-2026
        FIG. 27 South-East Asia Silicon Carbide Power Devices Market, 2016-2026
        FIG. 28 Rest of Asia Pacific Silicon Carbide Power Devices Market, 2016-2026
        FIG. 29 Latin America Silicon Carbide Power Devices Market, 2016-2026
        FIG. 30 Brazil Silicon Carbide Power Devices Market, 2016-2026
        FIG. 31 Mexico Silicon Carbide Power Devices Market, 2016-2026
        FIG. 32 Rest of Latin America Silicon Carbide Power Devices Market, 2016-2026
        FIG. 33 The Middle-East and Africa Silicon Carbide Power Devices Market, 2016-2026
        FIG. 34 GCC Countries Silicon Carbide Power Devices Market, 2016-2026
        FIG. 35 South Africa Silicon Carbide Power Devices Market, 2016-2026
        FIG. 36 Rest of Middle-East Africa Silicon Carbide Power Devices Market, 2016-2026
        FIG. 37 Competitor Market Share – Revenue
        FIG. 38 General Electric Revenue and Growth Rate
        FIG. 39 General Electric Market Share
        FIG. 40 Power Integrations Revenue and Growth Rate
        FIG. 41 Power Integrations Market Share
        FIG. 42 Fairchild Semiconductor Revenue and Growth Rate
        FIG. 43 Fairchild Semiconductor Market Share
        FIG. 44 Toshiba Corporation Revenue and Growth Rate
        FIG. 45 Toshiba Corporation Market Share
        FIG. 46 NXP Semiconductors Revenue and Growth Rate
        FIG. 47 NXP Semiconductors Market Share
        FIG. 48 Microsemi Corporation Revenue and Growth Rate
        FIG. 49 Microsemi Corporation Market Share
        FIG. 50 STMicroelectronics Industries Revenue and Growth Rate
        FIG. 51 STMicroelectronics Industries Market Share
        FIG. 52 Renesas Electronics Corporation Revenue and Growth Rate
        FIG. 53 Renesas Electronics Corporation Market Share
        FIG. 54 Tokyo Electron Limited Revenue and Growth Rate
        FIG. 55 Tokyo Electron Limited Market Share
        FIG. 56 Market Dynamics
        FIG. 57 Global Silicon Carbide Power Devices – Value Chain Analysis
        FIG. 58 Technology Roadmap and Timeline
        FIG. 59 Market Attractiveness Analysis – By Power Module
        FIG. 60 Market Attractiveness Analysis – By Application
        FIG. 61 Market Attractiveness Analysis – By Region
        FIG. 62 Market Channel
        FIG. 63 Marketing Channel Development Trend
        FIG. 64 Growth in World Gross Product, 2008-2019

        List of Tables

        TABLE 1 Global Silicon Carbide Power Devices Market, 2019&2026 (USD Million)
        TABLE 2 Global Silicon Carbide Power Devices market, by Power Module, 2016-2026 (USD Million)
        TABLE 3 Global Silicon Carbide Power Devices market, by Application, 2016-2026 (USD Million)
        TABLE 4 Global Silicon Carbide Power Devices market, by Region, 2016-2026 (USD Million)
        TABLE 5 North America Silicon Carbide Power Devices Market, by Power Module, 2016-2026 (USD Million)
        TABLE 6 North America Silicon Carbide Power Devices Market, by Application, 2016-2026 (USD Million)
        TABLE 7 Europe Silicon Carbide Power Devices Market, by Power Module, 2016-2026 (USD Million)
        TABLE 8 Europe Silicon Carbide Power Devices Market, by Application, 2016-2026 (USD Million)
        TABLE 9 Asia Pacific Silicon Carbide Power Devices Market, by Power Module, 2016-2026 (USD Million)
        TABLE 10 Asia Pacific Silicon Carbide Power Devices Market, by Application, 2016-2026 (USD Million)
        TABLE 11 Latin America Silicon Carbide Power Devices Market, by Power Module, 2016-2026 (USD Million)
        TABLE 12 Latin America Silicon Carbide Power Devices Market, by Application, 2016-2026 (USD Million)
        TABLE 13 The Middle-East and Africa Silicon Carbide Power Devices Market, by Power Module, 2016-2026 (USD Million)
        TABLE 14 The Middle-East and Africa Silicon Carbide Power Devices Market, by Application, 2016-2026 (USD Million)
        TABLE 15 Global Silicon Carbide Power Devices Market - Company Revenue Analysis 2016-2019 (USD Million)
        TABLE 16 Global Silicon Carbide Power Devices Market - Company Revenue Share Analysis 2016-2019(%)
        TABLE 17 Acquisitions and Mergers
        TABLE 18 New Product/Service Launch
        TABLE 19 Research & Development Activities
        TABLE 20 Market Drivers
        TABLE 21 Market Restraints
        TABLE 22 Market Opportunities

Key Insights from Primary Research

  • Extensive interviews with C-level professionals of multiple companies operating in the silicon carbide power device market directed towards a sizeable growth of silicon carbide power device market with anticipated CAGR of 18.5 % for period ranging from 2020 to 2026.
  • Their projection indicates towardslarger market value beyond USD 1780 Million by 2026. Their insights have been further substantiated with our extensive analysis of silicon carbide power device market conducted by expert research analysts.
  • CXOs also believe that theAsia Pacific region will be the brightest spot for expansion of the silicon carbide power device market. TheNorth American region is also poised to witness excellent growth.
  • Based on product type submarket, the power silicon carbide are projected to be largest utilized silicon carbide power deviceworldwide. However, primary respondents also projects greater growth potential for discrete SiC over the foreseeable years.
  • In view of application, the respondents predicts for substantial increase in consumption of silicon carbide power device in automobile electronics. They also remained extremely positive for increasing usage of silicon carbide power device for aerospace and defense.

Key Recommendations from Analysts

  • Our analysts recommend for greater focus in Asia Pacific region owing to enormous potential of the region mainly backed by large economies like China, India, Japan and South Korea.
  • Advanced power electronicis an major concern worldwide, however near future growth potential can be witness in major markets like US, China, India and major countries of Europe.
  • Securing government contracts will bring in more revenue that will boostthe growth of business.
  • Our statistical analysis of future trends direct towards faster growth ofsilicon carbide power deviceduring years between 2023 to 2026 owing to heavy investments in infrastructure development within the Asia Pacific region.
  • Our analysts predict the Asia-Pacific region to be the top investment pocket in the global silicon carbide power device market owing to rising penetration of advanced techniques.

Top Regional Attractiveness – By Regional Analysis

Industry Major Market Players

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