Global GaN and SiC Power Semiconductor Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

Segmented by Product;

SiC Power Module, GaN Power Module, Discrete SiC and Discrete GaN.

Segmented by Application;

Power Supplies, Industrial Motor Drives, H/EV, PV Inverters, Traction and Others.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn864515411 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global GaN and SiC Power Semiconductor Market (USD Million), 2020 - 2030

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2020 - 2030
2020 56.2
2021 59.2
2022 60.9
2023 71.0
2024 79.8
2025 85.4
2026 93.6
2027 111.8
2028 127.4
2029 150.8
2030 150.9

In the year 2023, the Global GaN and SiC Power Semiconductor Market was valued at USD 1,818.74 million. The size of this market is expected to increase to USD 9,798.99 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 27.2%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
    4. Market Opportunity Map
  4. Global GaN and SiC Power Semiconductor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stronger capabilities of SiC and GaN over silicon
        2. Rapid developments in the semiconductor industry
        3. Growth of hybrid and electric vehicles market
        4. Use of power devices in renewable energy applications
        5. Research and development in Wide Band Gap Semiconductors (WBG) to drive growth in the U.S.
      2. Restraints
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global GaN and SiC Power Semiconductor Market, By Product, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. SiC Power Module
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. GaN Power Module
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Discrete SiC
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Discrete GaN
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    2. Global GaN and SiC Power Semiconductor Market, By Application, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Power Supplies
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Industrial Motor Drives
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. H/EV
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. PV Inverters
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. Traction
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        6. Others
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    3. Global GaN and SiC Power Semiconductor Market, By Geography, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. Alpha & Omega Semiconductor
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Diodes Incorporated
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Fuji Electric
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. Infineon Technologies
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. Littelfuse
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      6. Microsemi Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      7. Mitsubishi Electric
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      8. Nexperia Semiconductors
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      9. On Semiconductor
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      10. Renesas Electronics Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      11. Rohm Semiconductor
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      12. Sanken Electric Company
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      13. Semikron
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      14. Shindengen Electric Manufacturing Co. Ltd.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      15. STMicroelectronics
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

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