出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年3月
SiC Market – Global Forecast to 2029
炭化ケイ素市場 : デバイス (SiCディスクリートデバイス、SiCモジュール)、ウェーハサイズ (最大 150mm、>150mm)、エンドユーザー用途 (自動車、エネルギーと電力、産業、輸送)、材料、結晶構造＆地域別 – 2029年までの世界予測
Silicon Carbide Market by Device (SiC Discrete Device, SiC Module), Wafer Size (Up to 150mm, >150mm), End-use Application (Automotive, Energy & Power, Industrial, Transportation), Material, Crystal Structure and Region – Global Forecast to 2029
| ページ数 | 233 |
| 図表数 | 232 |
| 価格 | |
| シングルユーザライセンス | USD 4,950 |
| マルチユーザライセンス（5名） | USD 6,650 |
| コーポレート（サイト）ライセンス | USD 8,150 |
| エンタープライズライセンス | USD 10,000 |
| 種別 | 英文調査報告書 |
Report Overview
The silicon carbide market is projected to reach USD 17.2 billion by 2029 from USD 4.2 billion in 2024, at a CAGR of 32.6% from 2024 to 2029.
炭化ケイ素市場は、2024年の42億ドルから2029年までに172億ドルに達し、2024年から2029年までのCAGRは32.6%に達すると予測されています。
The major factors driving the growth of silicon carbide market includes the increasing demand for power electronics, surging demand for renewable energy systems and growing number of initiatives and investments to encourage the adoption of SiC devices which is expected to provide several growth opportunities for market players in the silicon carbide market.
>150 mm segment is expected to witness the highest CAGR in the silicon carbide market during the forecast period
The >150 mm wafer size market is poised to exhibit the highest CAGR during the forecast period. These wafers are used across a spectrum of devices such as SiC MOSFETs and SiC modules, due to their 50% thinner profile as compared to standard silicon wafers. As these SiC wafers are engineered for high-volume production and applications that require elevated temperatures, they boast remarkable attributes such as high thermal conductivity, superior carrier mobility, and exceptional chemical stability. Therefore, >150 mm segment is expected to witness the highest CAGR during the forecast period.
Asia Pacific is expected to register the highest CAGR in the silicon carbide market during the forecast period
The presence of regional expanding scope of high-power applications presents significant revenue opportunities for power semiconductor devices in Asia Pacific, attracting numerous companies to commercialize silicon carbide semiconductor devices for various power applications. This expansion boosts the revenues of regional market players. Leading companies in the silicon carbide sector, such as ROHM Co., Ltd., Fuji Electric Co., Ltd., Renesas Electronics Corporation, Toshiba Corporation, and TanKeBlue Semiconductor Co. Ltd., are headquartered in Asia Pacific. Therefore, Asia Pacific is expected to register the highest CAGR in the silicon carbide market during the forecast period.
The break-up of profile of primary participants in the silicon carbide market-
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, Tier 3 – 20%
• By Designation Type: C Level – 40%, Director Level – 30%, Others – 30%
• By Region Type: North America – 30%, Europe – 20%, Asia Pacific – 40%, Rest of the World (RoW) – 10%
The major players of silicon carbide market are STMicroelectronics N.V. (Switzerland), Infineon Technologies AG (Germany), Semiconductor Components Industries, LLC (US), WOLFSPEED, INC. (US), and ROHM Co., Ltd. (Japan) among others.
Research Coverage
The report segments the silicon carbide market and forecasts its size based on device, wafer size, end-use application and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall silicon carbide market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
• Analysis of key drivers (increasing demand for power electronics, surging demand for renewable energy systems, growing number of initiatives and investments to encourage the adoption of SiC devices), restraints (high efficacy of alternative technologies for power electronics), opportunities (ongoing advancements towards the quality of SiC substrate and epitaxy), and challenges (material defects and designing and packaging issues in SiC devices) influencing the growth of the silicon carbide market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the silicon carbide market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the silicon carbide market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the silicon carbide market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like STMicroelectronics N.V. (Switzerland), Infineon Technologies AG (Germany), Semiconductor Components Industries, LLC (US), WOLFSPEED, INC. (US), and ROHM Co., Ltd. (Japan)
Table of Contents
1 INTRODUCTION 28
1.1 STUDY OBJECTIVES 28
1.2 MARKET DEFINITION 28
1.3 STUDY SCOPE 29
1.3.1 INCLUSIONS AND EXCLUSIONS 29
1.3.1.1 Company: Inclusions and exclusions 29
1.3.1.2 Device: Inclusions and exclusions 29
1.3.1.3 Wafer size: Inclusions and exclusions 29
1.3.1.4 Vertical: Inclusions and exclusions 29
1.3.1.5 Region: Inclusions and exclusions 30
1.3.2 MARKETS COVERED 30
FIGURE 1 SIC MARKET SEGMENTATION 30
1.3.3 REGIONAL SCOPE 31
1.3.4 YEARS CONSIDERED 31
1.4 CURRENCY CONSIDERED 31
1.5 UNITS CONSIDERED 31
1.6 LIMITATIONS 32
1.7 STAKEHOLDERS 32
1.8 SUMMARY OF CHANGES 32
1.9 IMPACT OF RECESSION 32
2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 2 SIC MARKET: RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 34
2.1.1.1 Major secondary sources 34
2.1.1.2 Key data from secondary sources 35
2.1.2 PRIMARY DATA 35
2.1.2.1 List of primary interview participants 36
2.1.2.2 Breakdown of primaries 36
2.1.2.3 Key industry insights 36
2.1.2.4 Key data from primary sources 37
2.1.3 SECONDARY AND PRIMARY RESEARCH 38
2.2 MARKET SIZE ESTIMATION 39
FIGURE 3 MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS 39
2.2.1 BOTTOM-UP APPROACH 39
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side) 39
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 40
2.2.2 TOP-DOWN APPROACH 40
2.2.2.1 Approach to estimate market size using top-down analysis (supply side) 40
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 41
2.3 FACTOR ANALYSIS 41
2.3.1 SUPPLY-SIDE ANALYSIS 41
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 1) 41
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (APPROACH 2) 42
2.4 MARKET GROWTH ASSUMPTIONS 42
TABLE 1 SIC MARKET: GROWTH ASSUMPTIONS 42
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON SIC MARKET 43
2.6 DATA TRIANGULATION 44
FIGURE 8 DATA TRIANGULATION 44
2.7 RESEARCH ASSUMPTIONS 45
2.8 RISK ASSESSMENT 45
3 EXECUTIVE SUMMARY 46
FIGURE 9 SIC MARKET: GLOBAL SNAPSHOT 47
FIGURE 10 SIC MODULE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 47
FIGURE 11 >150 MM SEGMENT TO RECORD HIGHER GROWTH RATE DURING FORECAST PERIOD 48
FIGURE 12 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029 48
FIGURE 13 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD 49
4 PREMIUM INSIGHTS 50
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SIC MARKET 50
FIGURE 14 GROWING DEMAND FOR EVS AND RENEWABLE ENERGY SYSTEMS TO DRIVE MARKET 50
4.2 SIC MARKET, BY VERTICAL 51
FIGURE 15 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING IN 2024 51
4.3 SIC MARKET, BY DEVICE 51
FIGURE 16 SIC MODULES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029 51
4.4 SIC MARKET, BY WAFER SIZE 52
FIGURE 17 UP TO 150 MM SEGMENT TO SECURE LARGER MARKET SHARE IN 2029 52
4.5 SIC MARKET IN ASIA PACIFIC, BY VERTICAL AND COUNTRY, 2024 52
FIGURE 18 AUTOMOTIVE SEGMENT AND CHINA TO ACCOUNT FOR LARGEST ASIA PACIFIC MARKET SHARES 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 53
FIGURE 19 SIC MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
5.2.1 DRIVERS 54
5.2.1.1 Growing deployment of SiC devices in EVs 54
FIGURE 20 GLOBAL SALES OF EVS, 2019–2021 55
5.2.1.2 Increasing demand for power electronics 55
5.2.1.3 Rising demand for renewable energy systems 55
FIGURE 21 GLOBAL SHARE OF RENEWABLE ENERGY GENERATION, 2022–2028 56
5.2.1.4 Increasing initiatives and investments in SiC devices 56
FIGURE 22 IMPACT ANALYSIS OF DRIVERS ON SIC MARKET 57
5.2.2 RESTRAINTS 58
5.2.2.1 High efficacy of alternative technologies for power electronics 58
5.2.2.2 High cost of SiC devices 58
FIGURE 23 IMPACT ANALYSIS OF RESTRAINTS ON SIC MARKET 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Growing adoption of SiC devices in telecommunications industry 59
5.2.3.2 Ongoing quality enhancements of SiC substrates and epitaxy processes 60
FIGURE 24 IMPACT ANALYSIS OF OPPORTUNITIES ON SIC MARKET 60
5.2.4 CHALLENGES 61
5.2.4.1 Material defects and designing and packaging issues in SiC devices 61
FIGURE 25 IMPACT ANALYSIS OF CHALLENGES ON SIC MARKET 61
5.3 SUPPLY CHAIN ANALYSIS 62
FIGURE 26 SIC MARKET: SUPPLY CHAIN ANALYSIS 62
TABLE 2 SIC MARKET: SUPPLY CHAIN ANALYSIS 63
5.4 ECOSYSTEM ANALYSIS 64
FIGURE 27 SIC MARKET: ECOSYSTEM ANALYSIS 64
5.5 INVESTMENT AND FUNDING SCENARIO 65
FIGURE 28 INVESTMENT AND FUNDING SCENARIO, 2019–2023 65
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 65
FIGURE 29 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 65
5.7 TECHNOLOGY ANALYSIS 66
5.7.1 KEY TECHNOLOGIES 66
5.7.1.1 4th Gen SiC 66
5.7.1.2 8-inch SiC wafer 66
5.7.2 COMPLEMENTARY TECHNOLOGIES 66
5.7.2.1 SiC-on-insulator (SiCOI) 66
5.7.2.2 SiC-on-GaN 67
5.7.3 ADJACENT TECHNOLOGIES 67
5.7.3.1 Gallium nitride (GaN) 67
5.7.3.2 Indium gallium nitride (InGaN) 67
5.8 PRICING ANALYSIS 68
5.8.1 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS 68
FIGURE 30 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS 68
TABLE 3 AVERAGE SELLING PRICE OF SIC MOSFETS, SIC DIODES, AND SIC MODULES OFFERED BY KEY PLAYERS 68
5.8.2 AVERAGE SELLING PRICE TREND OF SIC DEVICES, BY TYPE 69
FIGURE 31 AVERAGE SELLING PRICE TREND OF SIC DEVICES, BY TYPE 69
5.8.3 AVERAGE SELLING PRICE TREND OF SIC DEVICES, BY REGION 69
FIGURE 32 AVERAGE SELLING PRICE TREND OF SIC MOSFETS, BY REGION 69
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 70
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 70
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP THREE VERTICALS 70
TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP THREE VERTICALS 70
5.9.2 BUYING CRITERIA 71
FIGURE 34 KEY BUYING CRITERIA OF TOP THREE VERTICALS 71
TABLE 5 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 71
5.10 PORTER’S FIVE FORCES ANALYSIS 72
TABLE 6 SIC MARKET: PORTER’S FIVE FORCES ANALYSIS 72
FIGURE 35 SIC MARKET: PORTER’S FIVE FORCES ANALYSIS, 2023 72
5.10.1 THREAT OF NEW ENTRANTS 73
5.10.2 THREAT OF SUBSTITUTES 73
5.10.3 BARGAINING POWER OF SUPPLIERS 73
5.10.4 BARGAINING POWER OF BUYERS 73
5.10.5 INTENSITY OF COMPETITIVE RIVALRY 73
5.11 CASE STUDY ANALYSIS 74
5.11.1 JAGUAR LAND ROVER INTEGRATED WOLFSPEED’S SIC DEVICES INTO EVS TO ENHANCE POWERTRAIN EFFICIENCY AND EXTEND DRIVING RANGE 74
5.11.2 BORGWARNER INC. DELIVERED INNOVATIVE AND SUSTAINABLE MOBILITY SOLUTIONS THROUGH INTEGRATION OF STMICROELECTRONICS’ SIC MOSFETS 74
5.11.3 AMPT’S DC STRING ENHANCED OPTIMIZERS BY INTEGRATING ONSEMI’S SIC MOSFET 74
5.11.4 DRIVING PERFORMANCE AND COST EFFICIENCY OF MERSEN’S SIC POWER STACK REFERENCE DESIGN 75
5.12 TRADE ANALYSIS 75
5.12.1 IMPORT SCENARIO 75
TABLE 7 IMPORT DATA FOR HS CODE 284920-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION) 75
FIGURE 36 IMPORT DATA FOR HS CODE 284920-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 76
5.12.2 EXPORT SCENARIO 76
TABLE 8 EXPORT DATA FOR HS CODE 284920- COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION) 76
FIGURE 37 EXPORT DATA FOR HS CODE 284920-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 77
5.13 PATENT ANALYSIS 77
TABLE 9 NUMBER OF PATENTS GRANTED, JANUARY 2013–DECEMBER 2023 77
FIGURE 38 NUMBER OF PATENTS GRANTED, 2013–2023 77
FIGURE 39 TOP 10 COMPANIES WITH HIGHEST NUMBER OF GRANTED PATENTS, 2013–2023 78
TABLE 10 TOP 20 PATENT OWNERS IN LAST 10 YEARS 78
TABLE 11 MAJOR PATENTS RELATED TO SIC DEVICES 79
5.14 REGULATORY LANDSCAPE 80
5.14.1 GLOBAL STANDARDS 80
5.14.2 GOVERNMENT REGULATIONS 80
5.14.2.1 Asia Pacific 80
5.14.2.2 North America 80
5.14.2.3 Europe 81
5.15 KEY CONFERENCES AND EVENTS, 2024–2025 82
TABLE 12 SIC MARKET: KEY CONFERENCES AND EVENTS, 2024–2025 82
6 SIC MARKET, BY DEVICE 83
6.1 INTRODUCTION 84
FIGURE 40 SIC MODULES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 84
TABLE 13 SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 84
TABLE 14 SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 84
6.2 SIC DISCRETE DEVICES 85
6.2.1 INCREASING APPLICATIONS IN EVS AND 5G INFRASTRUCTURE TO DRIVE MARKET 85
6.2.2 SIC DIODES 85
6.2.2.1 Higher electrical and thermal conductivity than silicon variants to boost demand 85
6.2.3 SIC MOSFETS 86
6.2.3.1 Ability to function as power-switching transistors to boost demand 86
TABLE 15 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2020–2023 (USD MILLION) 86
TABLE 16 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2024–2029 (USD MILLION) 86
TABLE 17 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2020–2023 (MILLION UNITS) 87
TABLE 18 SIC DISCRETE DEVICES: SIC MARKET, BY TYPE, 2024–2029 (MILLION UNITS) 87
TABLE 19 SIC DISCRETE DEVICES: SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 87
TABLE 20 SIC DISCRETE DEVICES: SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 87
TABLE 21 SIC DISCRETE DEVICES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION) 88
TABLE 22 SIC DISCRETE DEVICES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION) 88
TABLE 23 SIC DISCRETE DEVICES: SIC MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION) 88
TABLE 24 SIC DISCRETE DEVICES: SIC MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION) 89
TABLE 25 SIC DISCRETE DEVICES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION) 89
TABLE 26 SIC DISCRETE DEVICES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION) 89
TABLE 27 SIC DISCRETE DEVICES: SIC MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION) 89
TABLE 28 SIC DISCRETE DEVICES: SIC MARKET IN ROW, BY REGION, 2024–2029 (USD MILLION) 90
6.3 SIC MODULES 90
6.3.1 REDUCED NEED FOR PASSIVE COMPONENTS AND SMALL SYSTEM FOOTPRINT TO ACCELERATE DEMAND 90
FIGURE 41 ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 90
TABLE 29 SIC MODULES: SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 91
TABLE 30 SIC MODULES: SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 91
TABLE 31 SIC MODULES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION) 91
TABLE 32 SIC MODULES: SIC MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION) 91
TABLE 33 SIC MODULES: SIC MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION) 92
TABLE 34 SIC MODULES: SIC MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION) 92
TABLE 35 SIC MODULES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION) 92
TABLE 36 SIC MODULES: SIC MARKET IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION) 92
TABLE 37 SIC MODULES: SIC MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION) 93
TABLE 38 SIC MODULES: SIC MARKET IN ROW, BY REGION, 2024–2029 (USD MILLION) 93
7 SIC MARKET, BY WAFER SIZE 94
7.1 INTRODUCTION 95
FIGURE 42 >150 MM SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 95
TABLE 39 SIC MARKET, BY WAFER SIZE, 2020–2023 (USD MILLION) 95
TABLE 40 SIC MARKET, BY WAFER SIZE, 2024–2029 (USD MILLION) 95
7.2 UP TO 150 MM 96
7.2.1 GROWING DEPLOYMENT IN HIGH-FREQUENCY DEVICES TO FUEL MARKET GROWTH 96
7.3 >150 MM 96
7.3.1 ABILITY TO OFFER LARGE NUMBER OF DEVICES ON SINGLE WAFER TO DRIVE MARKET 96
8 CRYSTAL STRUCTURES OF SIC DEVICES 97
8.1 INTRODUCTION 97
8.2 ZINC BLENDE (3C-SIC) 97
8.3 WURTZITE (4H-SIC) 98
8.4 WURTZITE (6H-SIC) 98
8.5 RHOMBOHEDRAL (15R-SIC) 98
9 SIC MATERIAL TYPES 99
9.1 INTRODUCTION 99
9.2 GREEN SIC 99
9.3 BLACK SIC 99
10 SIC MARKET, BY VERTICAL 100
10.1 INTRODUCTION 101
FIGURE 43 AUTOMOTIVE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 101
TABLE 41 SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 101
TABLE 42 SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 102
10.2 AUTOMOTIVE 102
10.2.1 GROWING DEMAND FOR HIGH-PERFORMING OPTO-SEMICONDUCTOR DEVICES TO BOOST DEMAND 102
FIGURE 44 ASIA PACIFIC TO SECURE LARGEST MARKET SHARE IN 2029 103
TABLE 43 AUTOMOTIVE: SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 103
TABLE 44 AUTOMOTIVE: SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 103
10.3 ENERGY & POWER 104
10.3.1 RAPID ADOPTION IN RENEWABLE ENERGY SYSTEMS TO ACCELERATE DEMAND 104
TABLE 45 ENERGY & POWER: SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 104
TABLE 46 ENERGY & POWER: SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 105
10.4 INDUSTRIAL 105
10.4.1 GROWING USE IN ROBOTICS TO BOOST DEMAND 105
TABLE 47 INDUSTRIAL: SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 105
TABLE 48 INDUSTRIAL: SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 106
10.5 TRANSPORTATION 106
10.5.1 EASE OF HEAT DISSIPATION DUE TO HIGH THERMAL CONDUCTIVITY TO DRIVE MARKET 106
10.5.2 CHARGING STATIONS 106
10.5.2.1 Fast charging with high power density to drive market 106
10.5.3 RAILS 107
10.5.3.1 Reduced power losses within rail modules to accelerate demand 107
TABLE 49 TRANSPORTATION: SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 107
TABLE 50 TRANSPORTATION: SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 107
10.6 TELECOMMUNICATIONS 108
10.6.1 RISING ADOPTION IN 5G WIRELESS COMMUNICATION TO DRIVE MARKET 108
TABLE 51 TELECOMMUNICATIONS: SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 108
TABLE 52 TELECOMMUNICATIONS: SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 108
10.7 OTHERS 109
TABLE 53 OTHERS: SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 109
TABLE 54 OTHERS: SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 109
11 SIC MARKET, BY REGION 110
11.1 INTRODUCTION 111
FIGURE 45 CHINA TO REGISTER HIGHEST CAGR IN GLOBAL SIC MARKET DURING FORECAST PERIOD 111
TABLE 55 SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 111
TABLE 56 SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 112
11.2 NORTH AMERICA 112
11.2.1 NORTH AMERICA: RECESSION IMPACT 112
FIGURE 46 NORTH AMERICA: SIC MARKET SNAPSHOT 113
TABLE 57 NORTH AMERICA: SIC MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 113
TABLE 58 NORTH AMERICA: SIC MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 114
TABLE 59 NORTH AMERICA: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 114
TABLE 60 NORTH AMERICA: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 114
TABLE 61 NORTH AMERICA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 115
TABLE 62 NORTH AMERICA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 115
11.2.2 US 115
11.2.2.1 Growing demand for EVs and charging stations to drive market 115
TABLE 63 US: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 116
TABLE 64 US: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 116
11.2.3 CANADA 116
11.2.3.1 Government initiatives toward clean technology to increase demand for EVs and drive market 116
TABLE 65 CANADA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 116
TABLE 66 CANADA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 117
11.2.4 MEXICO 117
11.2.4.1 Increasing number of manufacturing facilities and expanding distribution network of SiC device manufacturers to drive market 117
TABLE 67 MEXICO: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 117
TABLE 68 MEXICO: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 117
11.3 EUROPE 118
11.3.1 EUROPE: RECESSION IMPACT 118
FIGURE 47 EUROPE: SIC MARKET SNAPSHOT 119
TABLE 69 EUROPE: SIC MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 119
TABLE 70 EUROPE: SIC MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 120
TABLE 71 EUROPE: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 120
TABLE 72 EUROPE: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 120
TABLE 73 EUROPE: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 120
TABLE 74 EUROPE: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 121
11.3.2 UK 121
11.3.2.1 Growing adoption of connected and autonomous vehicles (CAVs) to drive market 121
TABLE 75 UK: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 121
TABLE 76 UK: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 122
11.3.3 GERMANY 122
11.3.3.1 Increasing applications in power supplies, EV motor drives, and charging stations to drive market 122
TABLE 77 GERMANY: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 122
TABLE 78 GERMANY: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 122
11.3.4 FRANCE 123
11.3.4.1 Surging adoption of renewable energy systems to drive market 123
TABLE 79 FRANCE: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 123
TABLE 80 FRANCE: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 123
11.3.5 REST OF EUROPE 124
TABLE 81 REST OF EUROPE: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 124
TABLE 82 REST OF EUROPE: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 124
11.4 ASIA PACIFIC 125
11.4.1 ASIA PACIFIC: RECESSION IMPACT 125
FIGURE 48 ASIA PACIFIC: SIC MARKET SNAPSHOT 126
TABLE 83 ASIA PACIFIC: SIC MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 126
TABLE 84 ASIA PACIFIC: SIC MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 127
TABLE 85 ASIA PACIFIC: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 127
TABLE 86 ASIA PACIFIC: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 127
TABLE 87 ASIA PACIFIC: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 128
TABLE 88 ASIA PACIFIC: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 128
11.4.2 CHINA 128
11.4.2.1 Thriving power electronics industry to fuel market growth 128
TABLE 89 CHINA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 129
TABLE 90 CHINA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 129
11.4.3 JAPAN 129
11.4.3.1 Increased R&D activities in industrial, automotive, and telecommunications verticals to boost demand 129
TABLE 91 JAPAN: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 130
TABLE 92 JAPAN: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 130
11.4.4 SOUTH KOREA 130
11.4.4.1 Growing demand for consumer electronics to drive adoption 130
TABLE 93 SOUTH KOREA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 131
TABLE 94 SOUTH KOREA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 131
11.4.5 REST OF ASIA PACIFIC 131
TABLE 95 REST OF ASIA PACIFIC: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 132
TABLE 96 REST OF ASIA PACIFIC: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 132
11.5 ROW 132
11.5.1 ROW: RECESSION IMPACT 132
TABLE 97 ROW: SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 133
TABLE 98 ROW: SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 133
TABLE 99 ROW: SIC MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 133
TABLE 100 ROW: SIC MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 133
TABLE 101 ROW: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 134
TABLE 102 ROW: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 134
11.5.2 MIDDLE EAST & AFRICA 134
11.5.2.1 Increasing adoption in renewable energy systems to drive market 134
11.5.2.2 GCC Countries 134
11.5.2.2.1 Increasing investments in semiconductor industry to boost demand 134
11.5.2.3 Rest of Middle East & Africa 135
TABLE 103 MIDDLE EAST & AFRICA: SIC MARKET, BY REGION, 2020–2023 (USD MILLION) 135
TABLE 104 MIDDLE EAST & AFRICA: SIC MARKET, BY REGION, 2024–2029 (USD MILLION) 135
TABLE 105 MIDDLE EAST & AFRICA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 135
TABLE 106 MIDDLE EAST & AFRICA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 136
11.5.3 SOUTH AMERICA 136
11.5.3.1 Expanding telecommunications industry to boost demand 136
TABLE 107 SOUTH AMERICA: SIC MARKET, BY DEVICE, 2020–2023 (USD MILLION) 136
TABLE 108 SOUTH AMERICA: SIC MARKET, BY DEVICE, 2024–2029 (USD MILLION) 136
12 COMPETITIVE LANDSCAPE 137
12.1 OVERVIEW 137
12.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024 137
TABLE 109 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024 137
FIGURE 49 ORGANIC/INORGANIC STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024 138
12.3 MARKET SHARE ANALYSIS, 2023 139
FIGURE 50 SIC MARKET: MARKET SHARE ANALYSIS, 2023 139
TABLE 110 SIC MARKET: DEGREE OF COMPETITION, 2023 140
12.4 COMPANY VALUATION AND FINANCIAL METRICS 141
FIGURE 51 SIC MARKET: COMPANY VALUATION, 2023 141
FIGURE 52 FINANCIAL METRICS (EV/EBITDA), 2024 142
12.5 BRAND/PRODUCT COMPARISON 142
FIGURE 53 SIC MARKET: BRAND/PRODUCT COMPARISON 142
12.6 REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023 143
FIGURE 54 SIC MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023 (USD BILLION) 143
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 144
12.7.1 STARS 144
12.7.2 EMERGING LEADERS 144
12.7.3 PERVASIVE PLAYERS 144
12.7.4 PARTICIPANTS 144
FIGURE 55 SIC MARKET: COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 145
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 146
12.7.5.1 Overall footprint 146
FIGURE 56 OVERALL FOOTPRINT 146
12.7.5.2 Device footprint 147
TABLE 111 SIC MARKET: DEVICE FOOTPRINT 147
12.7.5.3 Wafersize footprint 148
TABLE 112 SIC MARKET: WAFER SIZE FOOTPRINT 148
12.7.5.4 Application footprint 149
TABLE 113 SIC MARKET: APPLICATION FOOTPRINT 149
12.7.5.5 Region footprint 150
TABLE 114 SIC MARKET: REGION FOOTPRINT 150
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 151
12.8.1 PROGRESSIVE COMPANIES 151
12.8.2 RESPONSIVE COMPANIES 151
12.8.3 DYNAMIC COMPANIES 151
12.8.4 STARTING BLOCKS 151
FIGURE 57 SIC MARKET: COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 152
12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 153
12.8.5.1 List of key startups/SMEs 153
TABLE 115 SIC MARKET: LIST OF KEY STARTUPS/SMES, 2023 153
12.8.6 COMPANY FOOTPRINT: STARTUPS/SMES FOOTPRINT 154
12.8.6.1 Device footprint 154
TABLE 116 SIC MARKET: STARTUP/SME DEVICE FOOTPRINT 154
12.8.6.2 Wafer size footprint 154
TABLE 117 SIC MARKET: STARTUP/SME WAFER SIZE FOOTPRINT 154
12.8.6.3 Application footprint 155
TABLE 118 SIC MARKET: STARTUP/SME APPLICATION FOOTPRINT 155
12.8.6.4 Region footprint 155
TABLE 119 SIC MARKET: STARTUP/SME REGION FOOTPRINT 155
12.9 COMPETITIVE SCENARIOS AND TRENDS 156
12.9.1 PRODUCT LAUNCHES 156
TABLE 120 SIC MARKET: PRODUCT LAUNCHES, JUNE 2020–FEBRUARY 2024 156
12.9.2 DEALS 161
TABLE 121 SIC MARKET: DEALS, JUNE 2020–FEBRUARY 2024 161
12.9.3 OTHERS 169
TABLE 122 SIC MARKET: OTHERS, JUNE 2020 –FEBRUARY 2024 169
13 COMPANY PROFILES 171
13.1 INTRODUCTION 171
13.2 KEY PLAYERS 171
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
13.2.1 STMICROELECTRONICS 171
TABLE 123 STMICROELECTRONICS: COMPANY OVERVIEW 172
FIGURE 58 STMICROELECTRONICS: COMPANY SNAPSHOT 172
TABLE 124 STMICROELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 173
TABLE 125 STMICROELECTRONICS: PRODUCT LAUNCHES 173
TABLE 126 STMICROELECTRONICS: DEALS 174
TABLE 127 STMICROELECTRONICS: OTHERS 175
13.2.2 INFINEON TECHNOLOGIES AG 177
TABLE 128 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW 177
FIGURE 59 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT 178
TABLE 129 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 178
TABLE 130 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES 179
TABLE 131 INFINEON TECHNOLOGIES AG: DEALS 180
13.2.3 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC 183
TABLE 132 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: COMPANY OVERVIEW 183
FIGURE 60 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: COMPANY SNAPSHOT 184
TABLE 133 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 184
TABLE 134 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: PRODUCT LAUNCHES 185
TABLE 135 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: DEALS 186
TABLE 136 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC: OTHERS 187
13.2.4 WOLFSPEED, INC. 189
TABLE 137 WOLFSPEED, INC.: COMPANY OVERVIEW 189
FIGURE 61 WOLFSPEED, INC.: COMPANY SNAPSHOT 190
TABLE 138 WOLFSPEED, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 190
TABLE 139 WOLFSPEED, INC.: PRODUCT LAUNCHES 191
TABLE 140 WOLFSPEED, INC.: DEALS 191
TABLE 141 WOLFSPEED, INC.: OTHERS 193
13.2.5 ROHM CO., LTD. 194
TABLE 142 ROHM CO., LTD.: COMPANY OVERVIEW 194
FIGURE 62 ROHM CO., LTD.: COMPANY SNAPSHOT 195
TABLE 143 ROHM CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 195
TABLE 144 ROHM CO., LTD.: PRODUCT LAUNCHES 196
TABLE 145 ROHM CO., LTD.: DEALS 196
13.2.6 FUJI ELECTRIC CO., LTD. 198
TABLE 146 FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW 198
FIGURE 63 FUJI ELECTRIC CO., LTD.: COMPANY SNAPSHOT 199
TABLE 147 FUJI ELECTRIC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 199
TABLE 148 FUJI ELECTRIC CO., LTD.: PRODUCT LAUNCHES 200
13.2.7 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION 201
TABLE 149 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: COMPANY OVERVIEW 201
FIGURE 64 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: COMPANY SNAPSHOT 202
TABLE 150 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 202
TABLE 151 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: PRODUCT LAUNCHES 203
TABLE 152 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: DEALS 204
TABLE 153 TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION: OTHERS 205
13.2.8 MICROCHIP TECHNOLOGY INC. 206
TABLE 154 MICROCHIP TECHNOLOGY INC.: COMPANY OVERVIEW 206
FIGURE 65 MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT 207
TABLE 155 MICROCHIP TECHNOLOGY INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 207
TABLE 156 MICROCHIP TECHNOLOGY INC.: PRODUCT LAUNCHES 208
TABLE 157 MICROCHIP TECHNOLOGY INC.: DEALS 209
TABLE 158 MICROCHIP TECHNOLOGY INC. OTHERS 209
13.2.9 MITSUBISHI ELECTRIC CORPORATION 210
TABLE 159 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW 210
FIGURE 66 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 211
TABLE 160 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 211
TABLE 161 MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES 212
TABLE 162 MITSUBISHI ELECTRIC CORPORATION: DEALS 213
13.2.10 COHERENT CORP. 214
TABLE 163 COHERENT CORP.: COMPANY OVERVIEW 214
FIGURE 67 COHERENT CORP.: COMPANY SNAPSHOT 215
TABLE 164 COHERENT CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 215
TABLE 165 COHERENT CORP.: DEALS 216
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
13.3 OTHER PLAYERS 217
13.3.1 HITACHI POWER SEMICONDUCTOR DEVICE, LTD. 217
13.3.2 SEMIKRON DANFOSS 218
13.3.3 QORVO, INC 219
13.3.4 GENESIC SEMICONDUCTOR INC. 220
13.3.5 TT ELECTRONICS 221
13.3.6 VISHAY INTERTECHNOLOGY, INC. 222
13.3.7 WEEN SEMICONDUCTORS 223
13.3.8 SOLITRON DEVICES, INC. 224
13.3.9 SANAN IC 224
13.3.10 BYD SEMICONDUCTOR. 225
13.3.11 LITTELFUSE, INC. 226
13.3.12 TYCO TIANRUN , INC. 227
13.3.13 NEXPERIA 228
13.3.14 INVENTCHIP TECHNOLOGY CO., LTD. 229
13.3.15 DIODES INCORPORATED 230
14 APPENDIX 231
14.1 INSIGHTS FROM INDUSTRY EXPERTS 231
14.2 DISCUSSION GUIDE 232
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 235
14.4 CUSTOMIZATION OPTIONS 237
14.5 RELATED REPORTS 237
14.6 AUTHOR DETAILS 238
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