SiC Based Power Electronics & Inverter Market Size, Share and Growth Rate 2028

Increasing production of hybrid electric vehicles and electric vehicles globally is fueling the demand for power semiconductor devices such as SiC and GaN.

Meanwhile, GaN-on-silicon (GaN-on-Si) devices are also anticipated to witness growth in the coming years.

Also, the advancement in semiconductor and power electronics is helping companies to improve power management and battery capacity.For more incisive insights, Request a Sample: https://www.factmr.com/connectus/sample?flag=S_id=381As per the report by Fact.MR, the global SiC and GaN power semiconductor market is expected to witness robust growth, increasing at a CAGR of 24.7%.

Following are the insights showing how the global SiC & GaN power semiconductor market will perform in the coming years.Asia Pacific Excluding Japan (APEJ) to emerge as the dominating region in the global SiC & GaN power semiconductor market.

By the end of 2026, APEJ is projected to bring in more than US$ 2,200 million revenue.

Increasing demand for mobile devices, the presence of the key companies are some of the factors driving the demand for SiC & GaN to power semiconductor in the region.Report Customization can be done @ https://www.factmr.com/connectus/sample?flag=RC_id=381Meanwhile, Japan followed by Europe are also likely to see the significant growth in the coming years.

GaN and SiC Power Semiconductor MarketThe GaN and SiC Power Semiconductor report published by Data Bridge Market research is the representation of data and analysis of the market.

The data included in this GaN and SiC Power Semiconductor Market report provides detailed information of the geographic landscape, competitive scenarios and   upcoming opportunities in the Industry.

The inclusion of the statistical records in the GaN and SiC Power Semiconductor Market report helps in authenticating the results that are being presented and thus provide a clear vision and indication to clients in understanding the response of the participants.Global GaN and SiC power semiconductor market is set to witness healthy CAGR of 30.12% in the forecast period of 2019- 2026.

The report contains data of the base year 2018 and historic year 2017.Get Access to PDF Sample of Global GaN and SiC Power Semiconductor Market Size, Status and Forecast 2019-2026 @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-gan-and-sic-power-semiconductor-marketMarket Definition: Global GaN and SiC Power Semiconductor MarketGaN or gallium nitride is materials which are mainly used for the development of different semiconductor power devices, light emitting diodes and RF components.

These GaN and SiC power semiconductor are wide used in applications such as industrial motor devices, traction, PV inverters, power supplies and others.Key vendors operating in the Market:Few of the major competitors currently working in the global GaN and SiC power semiconductor market are Alpha and Omega Semiconductor, Fuji Electric Co., Ltd, Infineon Technologies AG, Littelfuse, Inc., Microsemi, Mitsubishi Electric Corporation, Renesas Electronics Corporation, ROHM SEMICONDUCTOR, SANKEN ELECTRIC CO.,LTD., STMicroelectronics, Epiluvac, IQE PLC, Transphorm Inc., SweGaN, Saint-Gobain, GeneSiC Semiconductor Inc.., Sublime Technologies, Global Power Technologies Group, DACO SEMICONDUCTOR CO.,LTD., AGC Inc., DuPont and Dow., WeEn Semiconductors and others.Focal points covered in this GaN and SiC Power Semiconductor Market reportThis GaN and SiC Power Semiconductor Market report provides pin point analysis of the market outlook and later establishes its comparison with current patterns.

Also it creates a relationship of the market outlook with Porter Five Force AnalysisThis research report is inclusive concept of the market progression.

May 10, 2019: The global power electronics market is expected to reach USD 39.22 billion by 2025, according to a new report by Grand View Research, Inc.

Increased focus on the usage of renewable energy sources has been one of the major factors driving the market.

Power electronic devices are useful in connecting renewable energy resources with power grids and transportation of energy.

They have applications in electric trains, motor drives, and lighting equipment and play a key role by enabling heat sinking and soft starting of the motors.Download sample Copy of This Report at: https://www.radiantinsights.com/research/power-electronics-market/request-sample The power electronics market is extensively consolidated, in terms of applications and materials that are used to produce power electronic devices.

The market possesses significant potential for growth and is dynamic and adaptive in nature.

Several factors, such as the rapid inception of renewable energy sources and rising adoption of electric vehicles & radio communication, are influencing market growth.

 The Global Power Electronics Market size was accounted at USD 24.5 billion in 2020, and is expected to reach USD 40.6 billion by 2030, registering a CAGR of 5.2%.Electronic devices & semiconductors are critical technological enablers that power a large number of today's cutting-edge digital gadgets.

Mobile devices, communications equipment, information technology, office automation (IT & OA), industrial machinery, cars, and a variety of other end-use sectors all have computer applications in some form or another, necessitating increased need for semiconductors.

Emerging technologies like as autonomous driving, artificial intelligence (AI), 5G, and the Internet of Things, together with steady R expenditure and rivalry among important companies, are expected to propel the global semiconductor industry forwards far into the next decade.With the Covid-19 epidemic driving increased demand for electronic gadgets, the world's electronics and semiconductor industries predict a bright future.Market Dynamics and Factors:The use of safety-related electronics technologies in the automobile industry has exploded.

A spike in demand for different semiconductor devices in automobiles, such as microcontrollers (MCUs), sensors, and memory, would help automotive semiconductor providers.

In the coming decade, more semiconductor content will be added to automobile electronics and subsystems due to automation, electrification, digital connection, and security.

Geographically, the global market can be broadly divided into five regions mainly North America, Europe, Asia Pacific, and ROW.Competitive Analysis:KEY PLAYERSTexas InstrumentsQualcomm Inc.Mitsubishi Electric Corp.ToshibaHitachiFuji ElectricRenesas Electronic CorporationON SemiconductorSTMicroelectronicsMicrosemi CorporationABB LtdGeographic Analysis:On a regional basis,North American consumer electronics industry is expected to develop steadilybecause of the large number of internet users and the early adoption of smart household electric equipment& IOT Technology.

The report consists of all the detailed profiles for the GaN and SiC Power Semiconductor Market major manufacturers and importers who are influencing the market.

This market study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period derived with the help of SWOT analysis.Global GaN and SiC power semiconductor market is set to witness healthy CAGR of 30.12% in the forecast period of 2019- 2026.

The report contains data of the base year 2018 and historic year 2017.Get Access to PDF Sample of Global GaN and SiC Power Semiconductor Market Size, Status and Forecast 2019-2026 @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-gan-and-sic-power-semiconductor-marketMarket Definition: Global GaN and SiC Power Semiconductor MarketGaN or gallium nitride is materials which are mainly used for the development of different semiconductor power devices, light emitting diodes and RF components.

Also it creates a relationship of the market outlook with Porter Five Force AnalysisThis research report is inclusive concept of the market progression.

The market progression considers the components of the present situation and compares the current scenario of the market with future developmental chances.The GaN and SiC Power Semiconductor Market research report includes investigation at global and regional levels.

These comprehensive and local level investigations are inclusive of the request as well as the supply powers which in turn willingly or unwillingly affects the market developmentVarious Topics such as product offering, finance related data, recent developments, analysis of Strengths, weakness, Opportunities and Threats in the upcoming scenario are highlighted in this research report.Recent Developments in the Market:In March 2019, Alpha & Omega Semiconductor announced the launch of their new Gallium Nitride device the AONV070V65G1 at their αGAN Technology platform.

As per the recent research report published by Fact.MR, the global SiC & GaN Power Semiconductor market is on course to achieve a highly eye-catching growth.

As per the report by Fact.MR, the global SiC and GaN power semiconductor market is expected to witness robust growth, increasing at a CAGR of 24.7%.

The global SiC & GaN power semiconductor market is also projected to reach US$ 2,986.3 million revenue by the end of 2026.

The Fact.MR research provides detailed information about the key segments, driving and restraining factors, geographical outlook, and the present situation of the vendor landscape of the global SiC & GaN Power Semiconductor market.Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=381The SiC & GaN Power Semiconductor market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.

Key regions covered comprise:North AmericaEuropeAsia PacificLatin AmericaMiddle East & AfricaThe evaluation of the competitive landscape in the SiC & GaN Power Semiconductor market covers the profile of the following top players:VisIC Technologies LtdPanasonic CorporationNXP Semiconductors N.V.GaN Systems Inc.Exagan S.A.SCambridge ElectronicsAvogy, Inc.The insights for each player will highlight their foundational model as well as their growth strategy.Company profileSWOT analysisMain market informationMarket shareRevenue, pricing and gross marginTo expand the understanding of opportunities in the global SiC & GaN Power Semiconductor market report looks at close quarters into the opportunities and new avenues in following key segments:Power SuppliesWireless ChargingPower StorageHybrid and EV ComponentsIn addition to understanding the demand patterns of various end users, the report on the SiC & GaN Power Semiconductor market also enumerates trends expected to attract investments by other various associated industries.On the basis of product types, the SiC & GaN Power Semiconductor market report offers insight into major adoption trends for the following segments:SiC Power ModulesGaN Power ModulesDiscrete SiC Power DevicesDiscrete GaN Power DevicesThe global SiC & GaN Power Semiconductor market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period.

In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

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