In terms of market side, this report researches the SiC Module revenue, growth rate, market share by manufacturers, by type, by application and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
This report aims to provide a comprehensive presentation of the global market for SiC Module, with and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SiC Module.
Within the research scope of this report, it shows that the global SiC Module market had a market size of about 312.18 Million USD in 2022, growing at a CAGR of 32.31% during 2023-2029 to 2216.23 Million USD in 2029.
MARKET COMPETITIVE LANDSCAPE:
Major players in this market include STMicroelectronics, Infineon Technologies AG, Cree Inc (Wolfspeed), Rohm Semiconductor & more, On Semiconductor, and etc.
---The combined market share of the Top 3 players in the global SiC Module market is about 57.78%.
REGION SHARE:
The report covers the market size information of major Regions/Countries around the world, including NA/United States, EU/Germany, APAC/China, LA/SA, MEA and etc.
---In the geographical distribution of SiC Module market in 2022, the China has the largest market size and its market share is about 38.92%, followed by North America and its market share is about 26.91%.
SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Full SiC Module, Hybrid SiC Module, etc. Application segment includes Industrial Drives, Consumer Electronic, etc.
---Hybrid SiC Module contributes approximately 87.33% share to the market in 2022.
---Automotive contributes approximately 58.78% share to the market in 2022.
Report Includes:
This report presents an overview of global market for SiC Module. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key players of SiC Module, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for SiC Module, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the SiC Module market share and industry ranking of main players, data from 2018 to 2023. Identification of the major stakeholders in the global SiC Module market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, from 2018 to 2029. Evaluation and forecast the market size for SiC Module sales, projected growth trends, technology, application and end-user industry.
Increasing Demand: The demand for SiC modules was rising across various industries such as automotive, industrial, power electronics, and renewable energy. This growth was primarily driven by the need for more efficient and high-performance power electronic devices.
Automotive Sector: SiC modules were gaining traction in the automotive industry due to their ability to handle high-temperature and high-voltage applications. They were being adopted in electric vehicles (EVs) and hybrid electric vehicles (HEVs) to enhance powertrain efficiency, increase driving range, and reduce charging times.
Power Electronics and Industrial Applications: SiC modules were being widely used in power electronics applications such as motor drives, renewable energy systems (solar and wind), and grid infrastructure. The ability of SiC modules to operate at higher temperatures and voltages compared to traditional silicon-based devices made them ideal for demanding industrial environments.
Efficiency and Performance Improvements: SiC modules offered lower switching losses, faster switching speeds, and reduced power dissipation compared to silicon-based devices. These characteristics led to increased system efficiency, improved power density, and reduced cooling requirements, making them attractive to various industries.
Cost Reduction: While SiC modules have historically been more expensive than traditional silicon-based devices, the prices have been gradually decreasing as manufacturing processes improve and economies of scale are achieved. This cost reduction has been instrumental in driving wider adoption across different sectors.
Highlights-Regions
North America
United States
Canada
Asia Pacific
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
South America
Brazil
Argentina
Colombia
Mexico
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Player list
STMicroelectronics
Infineon Technologies AG
Cree Inc (Wolfspeed)
Rohm Semiconductor & more
On Semiconductor
Mitsubishi Electric
Littelfuse
Fuji Electric Co Ltd
Renesas Electronics Corporation
Genesic Semiconductor Inc
General Electric
Microsemi Corporation
Central Semiconductor Corporation
Powerex
Global Power Technologies Group
Others
Types list
Full SiC Module
Hybrid SiC Module
Application list
Industrial Drives
Consumer Electronic
Automotive
Renewable
Traction
Others
List of Tables and Figures
Figure SiC Module Picture
Table Product Definition of SiC Module
Table Global SiC Module Market Size by Type (2023 VS 2029)
Table Global SiC Module Market Size by Application (2023 VS 2029)
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Table Raw Materials Analysis
Table Labor Cost Analysis
Table Manufacturing Expenses Analysis
Figure Manufacturing Process Analysis of SiC Module
Figure SiC Module Industrial Chain Analysis
Figure Global SiC Module Revenue Market Size & Forecast (2018-2029)
Figure Global SiC Module Sales Market Size & Forecast (2018-2029)
Table SiC Module Market Size by Regions: 2018 VS 2023 VS 2029
Table SiC Module Historic Revenue Market Size by Regions (2018-2023)
Table SiC Module Historic Revenue Market Share by Regions (2018-2023)
Table SiC Module Historic Sales Market Size by Regions (2018-2023)
Table SiC Module Historic Sales Market Share by Regions (2018-2023)
Table SiC Module Forecasted Revenue Market Size by Regions (2023-2029)
Table SiC Module Forecasted Revenue Market Share by Regions (2023-2029)
Table SiC Module Forecasted Sales Market Size by Regions (2023-2029)
Table SiC Module Forecasted Sales Market Share by Regions (2023-2029)
Figure North America SiC Module Market Size & Forecast (2018-2029)
Figure Europe SiC Module Market Size & Forecast (2018-2029)
Figure Asia-Pacific SiC Module Market Size & Forecast (2018-2029)
Figure Latin America SiC Module Market Size & Forecast (2018-2029)
Figure Middle East & Africa SiC Module Market Size & Forecast (2018-2029)
Table North America SiC Module Revenue by Countries (2018-2029)
Table North America SiC Module Revenue Market Share by Countries (2018-2029)
Table North America SiC Module Sales by Countries (2018-2029)
Table North America SiC Module Sales Market Share by Countries (2018-2029)
Table North America SiC Module Revenue Share by Players 2022
Table North America SiC Module Sales by Types (2018-2023)
Table North America SiC Module Sales Market Share by Types (2018-2023)
Table North America SiC Module Sales by Applications (2018-2023)
Table North America SiC Module Sales Market Share by Applications (2018-2023)
Figure United States SiC Module Revenue and Growth (2018-2029)
Figure United States SiC Module Sales and Growth (2018-2029)
Figure Canada SiC Module Revenue and Growth (2018-2029)
Figure Canada SiC Module Sales and Growth (2018-2029)
Table Asia-Pacific SiC Module Revenue by Countries (2018-2029)
Table Asia-Pacific SiC Module Revenue Market Share by Countries (2018-2029)
Table Asia-Pacific SiC Module Sales by Countries (2018-2029)
Table Asia-Pacific SiC Module Revenue Market Share by Countries (2018-2029)
Table Asia Pacific SiC Module Revenue Share by Players 2022
Table Asia Pacific SiC Module Sales by Types (2018-2023)
Table Asia Pacific SiC Module Sales Market Share by Types (2018-2023)
Table Asia Pacific SiC Module Sales by Applications (2018-2023)
Table Asia Pacific SiC Module Sales Market Share by Applications (2018-2023)
Figure China SiC Module Revenue and Growth (2018-2029)
Figure China SiC Module Sales and Growth (2018-2029)
Figure Japan SiC Module Revenue and Growth (2018-2029)
Figure Japan SiC Module Sales and Growth (2018-2029)
Figure Korea SiC Module Revenue and Growth (2018-2029)
Figure Korea SiC Module Sales and Growth (2018-2029)
Figure Southeast Asia SiC Module Revenue and Growth (2018-2029)
Figure Southeast Asia SiC Module Sales and Growth (2018-2029)
Figure India SiC Module Revenue and Growth (2018-2029)
Figure India SiC Module Sales and Growth (2018-2029)
Figure Australia SiC Module Revenue and Growth (2018-2029)
Figure Australia SiC Module Sales and Growth (2018-2029)
Table Europe SiC Module Revenue by Countries (2018-2029)
Table Europe SiC Module Revenue Market Share by Countries (2018-2029)
Table Europe SiC Module Sales by Countries (2018-2029)
Table Europe SiC Module Sales Market Share by Countries (2018-2029)
Table Europe SiC Module Revenue Share by Players 2022
Table Europe SiC Module Sales by Types (2018-2023)
Table Europe SiC Module Sales Market Share by Types (2018-2023)
Table Europe SiC Module Sales by Applications (2018-2023)
Table Europe SiC Module Sales Market Share by Applications (2018-2023)
Figure Germany SiC Module Revenue and Growth (2018-2029)
Figure Germany SiC Module Sales and Growth (2018-2029)
Figure France SiC Module Revenue and Growth (2018-2029)
Figure France SiC Module Sales and Growth (2018-2029)
Figure UK SiC Module Revenue and Growth (2018-2029)
Figure UK SiC Module Sales and Growth (2018-2029)
Figure Italy SiC Module Revenue and Growth (2018-2029)
Figure Italy SiC Module Sales and Growth (2018-2029)
Figure Russia SiC Module Revenue and Growth (2018-2029)
Figure Russia SiC Module Sales and Growth (2018-2029)
Figure Spain SiC Module Revenue and Growth (2018-2029)
Figure Spain SiC Module Sales and Growth (2018-2029)
Figure Nordic SiC Module Revenue and Growth (2018-2029)
Figure Nordic SiC Module Sales and Growth (2018-2029)
Table Latin America SiC Module Revenue by Countries (2018-2029)
Table Latin America SiC Module Revenue Market Share by Countries (2018-2029)
Table Latin America SiC Module Sales by Countries (2018-2029)
Table Latin America SiC Module Sales Market Share by Countries (2018-2029)
Table Latin America SiC Module Revenue Share by Players 2022
Table Latin America SiC Module Sales by Types (2018-2023)
Table Latin America SiC Module Sales Market Share by Types (2018-2023)
Table Latin America SiC Module Sales by Applications (2018-2023)
Table Latin America SiC Module Sales Market Share by Applications (2018-2023)
Figure Brazil SiC Module Revenue and Growth (2018-2029)
Figure Brazil SiC Module Sales and Growth (2018-2029)
Figure Argentina SiC Module Revenue and Growth (2018-2029)
Figure Argentina SiC Module Sales and Growth (2018-2029)
Figure Colombia SiC Module Revenue and Growth (2018-2029)
Figure Colombia SiC Module Sales and Growth (2018-2029)
Figure Mexico SiC Module Revenue and Growth (2018-2029)
Figure Mexico SiC Module Sales and Growth (2018-2029)
Table Middle East & Africa SiC Module Revenue by Countries (2018-2029)
Table Middle East & Africa SiC Module Revenue Market Share by Countries (2018-2029)
Table Middle East & Africa SiC Module Sales by Countries (2018-2029)
Table Middle East & Africa SiC Module Sales Market Share by Countries (2018-2029)
Table Latin America SiC Module Revenue Share by Players 2022
Table Middle East & Africa SiC Module Sales by Types (2018-2023)
Table Middle East & Africa SiC Module Sales Market Share by Types (2018-2023)
Table Middle East & Africa SiC Module Sales by Applications (2018-2023)
Table Middle East & Africa SiC Module Sales Market Share by Applications (2018-2023)
Figure Egypt SiC Module Revenue and Growth (2018-2029)
Figure Egypt SiC Module Sales and Growth (2018-2029)
Figure South Africa SiC Module Revenue and Growth (2018-2029)
Figure South Africa SiC Module Sales and Growth (2018-2029)
Figure Israel SiC Module Revenue and Growth (2018-2029)
Figure Israel SiC Module Sales and Growth (2018-2029)
Figure Turkey SiC Module Revenue and Growth (2018-2029)
Figure Turkey SiC Module Sales and Growth (2018-2029)
Figure GCC Countries SiC Module Revenue and Growth (2018-2029)
Figure GCC Countries SiC Module Sales and Growth (2018-2029)
Table Global SiC Module Revenue and Market Size by Type (2018-2023)
Table Global SiC Module Revenue and Market Share by Type (2018-2023)
Table Global SiC Module Sales and Market Size by Type (2018-2023)
Table Global SiC Module Sales and Market Share by Type (2018-2023)
Table Global SiC Module Revenue Market Size Forecast by Type (2023-2029)
Table Global SiC Module Revenue Market Share Forecast by Type (2023-2029)
Table Global SiC Module Sales Market Size Forecast by Type (2023-2029)
Table Global SiC Module Sales Market Share Forecast by Type (2023-2029)
Figure Global SiC Module Market Size and Growth by {Type 1} (2018-2029)
Figure Global SiC Module Market Size and Growth by {Type 2} (2018-2029)
Table Global SiC Module Revenue Market Size by Application (2018-2023)
Table Global SiC Module Revenue Market Share by Application (2018-2023)
Table Global SiC Module Sales Market Size by Application (2018-2023)
Table Global SiC Module Sales Market Share by Application (2018-2023)
Table Global SiC Module Revenue Market Size by Application (2023-2029)
Table Global SiC Module Revenue Market Share by Application (2023-2029)
Table Global SiC Module Sales Market Size by Application (2023-2029)
Table Global SiC Module Sales Market Share by Application (2023-2029)
Figure Global SiC Module Market Size and Growth by {Application 1} (2018-2029)
Figure Global SiC Module Market Size and Growth by {Application 2} (2018-2029)
Table Market Trends Analysis
Table Market Drivers Analysis
Table Market Challenges Analysis
Table Market Restraints Analysis
Table Market Mergers & Acquisitions
Table Market New Entrants and Expansion Plans
Table Distributors of SiC Module with Contact Information
Table Major Customers of SiC Module with Contact Information
Table STMicroelectronics Profile
Table Product Overview
Table STMicroelectronics SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure STMicroelectronics Sales and Growth Rate
Figure STMicroelectronics Revenue Market Share 2017-2022
Table Business Overview
Table Infineon Technologies AG Profile
Table Product Overview
Table Infineon Technologies AG SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Infineon Technologies AG Sales and Growth Rate
Figure Infineon Technologies AG Revenue Market Share 2017-2022
Table Business Overview
Table Cree Inc (Wolfspeed) Profile
Table Product Overview
Table Cree Inc (Wolfspeed) SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Cree Inc (Wolfspeed) Sales and Growth Rate
Figure Cree Inc (Wolfspeed) Revenue Market Share 2017-2022
Table Business Overview
Table Rohm Semiconductor & more Profile
Table Product Overview
Table Rohm Semiconductor & more SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Rohm Semiconductor & more Sales and Growth Rate
Figure Rohm Semiconductor & more Revenue Market Share 2017-2022
Table Business Overview
Table On Semiconductor Profile
Table Product Overview
Table On Semiconductor SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure On Semiconductor Sales and Growth Rate
Figure On Semiconductor Revenue Market Share 2017-2022
Table Business Overview
Table Mitsubishi Electric Profile
Table Product Overview
Table Mitsubishi Electric SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Mitsubishi Electric Sales and Growth Rate
Figure Mitsubishi Electric Revenue Market Share 2017-2022
Table Business Overview
Table Littelfuse Profile
Table Product Overview
Table Littelfuse SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Littelfuse Sales and Growth Rate
Figure Littelfuse Revenue Market Share 2017-2022
Table Business Overview
Table Fuji Electric Co Ltd Profile
Table Product Overview
Table Fuji Electric Co Ltd SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Fuji Electric Co Ltd Sales and Growth Rate
Figure Fuji Electric Co Ltd Revenue Market Share 2017-2022
Table Business Overview
Table Renesas Electronics Corporation Profile
Table Product Overview
Table Renesas Electronics Corporation SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Renesas Electronics Corporation Sales and Growth Rate
Figure Renesas Electronics Corporation Revenue Market Share 2017-2022
Table Business Overview
Table Genesic Semiconductor Inc Profile
Table Product Overview
Table Genesic Semiconductor Inc SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Genesic Semiconductor Inc Sales and Growth Rate
Figure Genesic Semiconductor Inc Revenue Market Share 2017-2022
Table Business Overview
Table General Electric Profile
Table Product Overview
Table General Electric SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure General Electric Sales and Growth Rate
Figure General Electric Revenue Market Share 2017-2022
Table Business Overview
Table Microsemi Corporation Profile
Table Product Overview
Table Microsemi Corporation SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Microsemi Corporation Sales and Growth Rate
Figure Microsemi Corporation Revenue Market Share 2017-2022
Table Business Overview
Table Central Semiconductor Corporation Profile
Table Product Overview
Table Central Semiconductor Corporation SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Central Semiconductor Corporation Sales and Growth Rate
Figure Central Semiconductor Corporation Revenue Market Share 2017-2022
Table Business Overview
Table Powerex Profile
Table Product Overview
Table Powerex SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Powerex Sales and Growth Rate
Figure Powerex Revenue Market Share 2017-2022
Table Business Overview
Table Global Power Technologies Group Profile
Table Product Overview
Table Global Power Technologies Group SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Global Power Technologies Group Sales and Growth Rate
Figure Global Power Technologies Group Revenue Market Share 2017-2022
Table Business Overview
Table Others Profile
Table Product Overview
Table Others SiC Module Sales, Price, Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Others Sales and Growth Rate
Figure Others Revenue Market Share 2017-2022
Table Business Overview
Table Research Findings and Conclusion