North America Silicon Carbide (SiC) Market

The North America Silicon Carbide (SiC) market is projected to grow from USD 0.53 billion in 2025 to USD 1.47 billion by 2030, reflecting a strong CAGR of 22.8%. The market is witnessing robust growth, driven by rising adoption in electric vehicles, renewable energy, and fast-charging infrastructure. Strong investments in power electronics, semiconductor manufacturing capacity expansion, and government support for energy efficiency and electrification are accelerating demand. Increasing focus on high-voltage, high-temperature, and high-efficiency applications further supports market expansion.

Major companies shaping the North America Silicon Carbide (SiC) market include STMicroelectronics (Switzerland), Infineon Technologies AG (Germany), Wolfspeed, Inc. (US), ROHM Co., Ltd. (Japan), Fuji Electric Co., Ltd. (Japan), Toshiba Electronic Devices & Storage Corporation (Japan), and Semiconductor Components Industries, LLC / onsemi (US). These players are actively strengthening their North American operations through capacity expansions, long-term supply agreements, and localized manufacturing to support demand from electric vehicles, renewable energy systems, data centers, and industrial power electronics.

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In September 2024, onsemi (US) announced expanded SiC manufacturing investments in the US to secure a domestic supply for EV powertrain and fast-charging applications. Similarly, in January 2025, Infineon Technologies AG (Germany) strengthened its North American SiC ecosystem through long-term agreements with automotive OEMs and tier-1 suppliers, focusing on high-voltage SiC MOSFET adoption. These developments reflect a regional shift toward supply-chain localization, performance efficiency, and policy-driven electrification, reinforcing North America’s strategic role in the global SiC market.

STMicroelectronics (Switzerland)

STMicroelectronics is a key participant in the North America Silicon Carbide (SiC) market, supported by strong investments in power semiconductor innovation and advanced manufacturing. The company’s focus on SiC MOSFETs and diodes positions it as a strategic supplier to electric vehicle, renewable energy, and industrial power applications in the region. Its commitment to performance optimization, energy efficiency, and reliability enables broad adoption across high-voltage platforms. STMicroelectronics leverages long-term supply agreements, technology partnerships, and continuous R&D to strengthen its competitive position. The company actively expands its SiC ecosystem through vertically integrated capabilities, ensuring stable supply and scalability for North American customers. Ongoing investments in next-generation SiC device architectures and packaging technologies further enhance its leadership in high-growth electrification and energy transition markets.

Semiconductor Components Industries, LLC (US)

Semiconductor Components Industries, LLC, also known as onsemi, is one of the major players of the North America silicon carbide (SiC) market, backed by a strong focus on domestic manufacturing and supply-chain localization. The company emphasizes SiC solutions for electric powertrains, charging infrastructure, renewable energy, and data center power management. Its vertically integrated strategy, spanning substrates to modules, supports cost efficiency, yield improvement, and long-term customer reliability. The company continues to expand its US-based SiC capacity and secure long-term agreements with automotive OEMs and industrial customers. Through sustained R&D, process innovation, and strategic capital investments, the company reinforces its leadership in high-efficiency and high-voltage power semiconductor applications across North America.

Market Ranking

The North America Silicon Carbide (SiC) market is relatively consolidated, with the top five players accounting for a significant share of regional revenues. Market leadership is dominated by STMicroelectronics (Switzerland), Semiconductor Components Industries, LLC (US), Infineon Technologies AG (Germany), WOLFSPEED, INC. (US), and ROHM Co., Ltd. (Japan). These companies benefit from vertically integrated SiC capabilities spanning substrates, wafers, and devices, along with strong R&D depth and long-term supply agreements. Their leadership is reinforced by close partnerships with automotive OEMs, charging-infrastructure providers, and industrial customers. Dominance in high-voltage SiC MOSFETs and diodes for electric vehicles, renewable energy, and fast-charging applications continues to strengthen their competitive position across North America.

The remaining market share in the North America silicon carbide (SiC) market is distributed across a diverse group of regional and niche players, including substrate suppliers, epitaxy specialists, device manufacturers, and packaging technology providers. Emerging companies are gaining traction through innovation in wafer quality, cost reduction, and yield enhancement. Growing investments in electric vehicle platforms, fast-charging infrastructure, renewable energy systems, and data center power management are intensifying competition beyond leading suppliers. Rapid adoption across the US and Canadian automotive manufacturing, utility-scale energy projects, and industrial power systems continues to drive demand for high-efficiency, high-voltage SiC solutions. This evolving landscape creates opportunities for both established and emerging vendors to address increasing requirements for performance, reliability, and supply-chain resilience in next-generation power electronics.

Related Reports:

North America Silicon Carbide (SiC) Market by SiC Discrete Devices, SiC Diodes, SiC MOSFETs, SiC Modules, Automotive, Energy & Power, Industrial, Transportation, Telecommunications, Up to 1200 V, 1200−1700 V, 1700−3300 V, and >3300 V - Forecast to 2030

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