According to the recent study the silicon carbide (SiC) power devices market is projected to grow at a CAGR of 18%-20% from 2020 to 2025. Growth in this market is primarily driven by increasing focus on adopting renewable energy sources, and the development of smart grids.
Browse XX figures / charts and XX tables in this 150-page report
to understand trends, opportunities and forecast in silicon carbide (SiC) power
devices market by product type (diodes, modules, and transistors), application
(UPS and PS, PV inverters, IMDS, EV/HEVs, and others), and region (North
America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).
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and view detailed Table of Content by clicking on below link https://www.lucintel.com/silicon-carbide-power-devices-market.aspx
“Electric vehicle market is expected to remain the highest segment
during the forecast period.”
Based on application,
the silicon carbide (SiC) power devices market is segmented into UPS and PS, PV
inverters, IMDS, EV/HEVs, and others. Lucintel forecasts that the electric
vehicle market is expected to remain the highest segment during the forecast
period due to an increasing
production of electric vehicles.
“Asia Pacific will dominate
the silicon carbide (SiC) power devices market in near future.”
Asia Pacific is expected
to be the largest region over the forecast period due to the increasing sales
of electric and hybrid electric vehicles in China, Japan, South Korea, and
India.
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Major players of silicon
carbide (SiC) power devices market are adopting various growth strategies like
new product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. Cree
Inc., Fuji Electric Co. Ltd., Infineon Technologies AG, Littelfuse Inc.,
Mitsubishi Electric Corp., ON Semiconductor, Renesas Electronics Corp., and
ROHM Co. Ltd are among the major silicon carbide (SiC) power devices providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/silicon-carbide-power-devices-market.aspx or helpdesk@lucintel.com.
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solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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