GaN and SiC Power Semiconductor Market Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2025

Request Free Sample

The latest report on GaN and SiC Power Semiconductor market envelops all critical aspects of this domain such as predominant trends and driving forces to guide businesses, stakeholders, and marketers in taking better decisions. Moreover, it contains various practices that can be adopted to effectively manage the existing as well as upcoming challenges in this business sphere. Besides, the research literature expounds the production and consumption aspects for a stronger realization of the industry’s growth patterns over the forecast timeframe.

GaN and SiC Power Semiconductor Market will reach over USD 3 billion by 2025. The material limits of silicon-based power devices have propelled the industry to develop some of more capable and durable power devices, further providing opportunities for the GaN and SiC power semiconductor market growth. While several power supplies are increasingly adopting these devices, the popular areas witnessing growth of the GaN and SiC power semiconductor market are automotive electronic, electric vehicles, and rail traction. Their implementation is expected to increase in several solar energy applications due to high energy efficiency and very low power loss features offered by these components.

Alpha and Omega Semiconductor, ON Semiconductor, Infineon Technologies, and Fuji Electric are some of the leading players in the GaN and SiC power semiconductor market. As the application areas of power semiconductor devices are aggressively diversifying, the manufacturers are inclined toward extending their product portfolios with the launch of new devices. This is bringing several product developments in the GaN and SiC power semiconductor market. In May 2019, Infineon announced the launch of its 650 V CoolSiC MOSFET devices and planned to go into mass production. The company is aiming to address the growing demand for efficient power solutions in applications such as energy storage solutions, photovoltaic inverters, and battery charging infrastructures. Microsemi is another leading player in the GaN and SiC power semiconductor market, which announced the launch of new SiC products including 700 V Schottky Barrier Diode Devices and 1,200 V SiC MOSFET. This will create growth prospects for GaN and SiC power semiconductor market.

The report thoroughly covers the GaN and SiC Power Semiconductor market by type, applications and regions. The report provides an balanced and detailed analysis of the on-going GaN and SiC Power Semiconductor trends, opportunities/high growth areas, GaN and SiC Power Semiconductor market drivers which would help the investors to device and align their market strategies according to the current and future market dynamics.

Request Sample Copy of this Report @ https://justpositivity.com/request-sample/1858

The GaN and SiC power semiconductor market is rapidly growing particularly in high power and high-temperature applications such as automotive, aircraft, and deep extraction of oil or gas. The oil & gas extraction applications need power devices to run continuously at high temperatures requiring high reliability. Field effect transistors, bipolar junction transistors, and other active switching devices implemented with these materials are the other major application areas in the GaN and SiC power semiconductor market. Wide bandgap semiconductor provides very high capabilities for critical electric fields. These field strengths are enabling semiconductor manufacturers to design devices with minimum losses by using SiC and GaN materials.

The power semiconductor devices have witnessed remarkable growth over the years. Developed countries including the U.S. holds very strong IT infrastructure and demand for electronic gadgets and appliances. The developed countries are witnessing trends such as Internet of Things (IoT) and connected devices. These factors are expected to serve well for the growth of the GaN and SiC power semiconductor market. The power semiconductor industry is influenced by the telecommunication sector, particularly technologies such as 5G communications. The U.S. and countries in the Asia Pacific region including Japan and South Korea are taking steps toward adopting 5G technologies. SK Telecom in South Korea acquired spectrums of 3.5 GHz and 28 GHz frequencies for the deployment of 5G network. According to the China Academy of Information and Communications Technology, the number of 5G connections in China is expected to exceed 400 million by 2025. These factors will significantly boost the GaN and SiC power semiconductor market in these countries.

Silicon technologies are widely used in manufacturing due to low costs of materials and large yield production. The GaN and SiC power semiconductor market will benefit from the easy adoption of SiC materials in production. However, all materials do not hold the same technological maturity. For instance, GaN is currently available in the form of heterostructures, which have a thin layer of GaN at the top of different materials such as SiC, sapphire or conventional silicon. This is restricting the use of GaN for the manufacturing of vertical devices. Hence, GaN is expected to hold comparatively less adoption in the GaN and SiC power semiconductor market.

The objective of GaN and SiC Power Semiconductor market is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The report on GaN and SiC Power Semiconductor market is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.

Major Highlights from Table of contents are listed below for quick lookup into GaN and SiC Power Semiconductor Market report

Chapter 1. Competitive Landscape

  • Company market share
  • GaN and SiC Power Semiconductor Market Competitive analysis of key market players
  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview
  • Financial Data
  • Product portfolio
  • Strategic Outlook
  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology
  • Initial data exploration
  • GaN and SiC Power Semiconductor Market Statistical model and forecast
  • Industry insights and validation
  • GaN and SiC Power Semiconductor Market Scope
  • Definition
  • Methodology and forecast parameters
  • Data Sources

Chapter 4. Executive Summary

  • GaN and SiC Power Semiconductor industry 360º synopsis - 2025
  • GaN and SiC Power Semiconductor Business trends
  • Region trends

Chapter 5. GaN and SiC Power Semiconductor industry Insights

  • GaN and SiC Power Semiconductor Industry segmentation
  • Industry landscape 2025
  • Industry Pitfalls and Challenges
  • Threat of new entrants
  • Threat of substitutes
  • GaN and SiC Power Semiconductor Market Growth potential analysis

Request Customization on This Report @ https://justpositivity.com/request-for-customization/1858

justpositivity.com is a hub for market intelligence products and services.

We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.

Our customers partner with justpositivity.com to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.

If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then justpositivity.com is the platform that can help you in achieving any of these objectives. [email protected]