Silicon Carbide Market

Market Leaders - Silicon Carbide Market

The global silicon carbide market size is estimated to grow from USD 749 million in 2020 to USD 1,812 million by 2025, at a CAGR of 19.3%. The key factors fueling the growth of this market are the growing demand for SiC devices in the power electronics industry, and increasing investments by industry players to increase SiC production.

Key players in the silicon carbide market include silicon carbide device manufacturing companies. These companies are Infineon Technologies AG (Munich, Germany), CREE, INC. (North Carolina, US), ROHM Co., Ltd. (Kyoto, Japan), STMicroelectronics N.V. (Geneva, Switzerland), Fuji Electric Co., Ltd. (Tokyo, Japan), ON Semiconductor Corporation (Arizona, US), General Electric (Massachusetts, US), Renesas Electronics Corporation (Tokyo, Japan), UnitedSiC (New Jersey, US), GeneSiC Semiconductor Inc. (Virginia, US), Ascatron (Stockholm, Sweden), SEMIKRON (Nuremberg, Germany), Microchip Technology Incorporated (Arizona, US), Toshiba Corporation (Tokyo, Japan), and Powerex Inc. (Pennsylvania, US). These companies focus on adopting both organic and inorganic growth strategies, such as product launches and developments, expansions, partnerships, agreements, contracts, collaborations, and acquisitions to strengthen their position in the market.

To know about the assumptions considered for the study download the pdf brochure

Top Players in Silicon carbide Market:

Infineon Technologies AG is the leading manufacturer of semiconductor and microelectronics solutions in the global silicon carbide market. The company is engaged in the development, production, and marketing of a wide range of semiconductor solutions for applications including automotive, communication, consumer, industrial, and security solutions. Along with strong product offerings, it has geographical footprints spread across the globe. Infineon Technologies AG has its production facilities in countries including the US, Germany, Hungary, Indonesia, China, Malaysia, South Korea, and Singapore and 37 R&D centers across 16 countries worldwide.

CREE, Inc. held the second position in the global silicon carbide market in 2019. The company is one of the leading manufacturers of wide bandgap semiconductor products for power and radio-frequency (RF) applications and lighting-class light-emitting diodes (LED) products. It is involved in designing, developing, and providing semiconductor products based on SiC and GaN technologies.  The company mainly focuses on adopting inorganic growth strategies such as partnerships and agreements to strengthen its position in the said market. It has a strong product portfolio and has a global presence, which helps it to cater to customer requirements.

Related Reports:

Silicon Carbide Market by Device (SiC Discrete Device and Bare Die), Wafer Size (4 Inch, 6 Inch and Above, and 2 Inch), Application (Power Supplies and Inverters and Industrial Motor Drives), Vertical, and Region - Global Forecast to 2025

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
SE 2556
RI Published ON
2/28/2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Silicon Carbide Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved