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GaN & SiC Power Semiconductor Market Share

Report ID: GMI3375
Published Date: Oct 2022
Report Format: PDF

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GaN & SiC Power Semiconductor Market Share

Mitsubishi Electric Corporation
Renesas Electronics Corporation
Fuji Electric Co Ltd
Infineon Technologies AG
ON Semiconductor Corporation
ROHM CO LTD
SEMIKRON
STMicroelectronics N.V
Vishay Intertechnology
Littelfuse Inc

and Wolfspeedic are some of the key players operating in the GaN & SiC power semiconductor market. These companies are implementing strategies such as acquisitions and collaborations to strengthen their foothold in the industry.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

market size of GaN & SiC power semiconductor surpassed USD 1 billion in 2022 and is poised to register 25% CAGR between 2023 and 2032, due to rapid industrial automation.

The GaN & SiC power semiconductor industry revenues from the hybrid & electric vehicle segment will be worth USD 3 billion by 2032, given the advancement of automotive technologies and the strong desire to cut down vehicle emissions.

The market of GaN & SiC power semiconductor in Europe is slated to attain 20% gains through 2023-2032, owing to the growing adoption of robotics and rapid factory automation.

Key players in the business scenario include Mitsubishi Electric Corporation, Renesas Electronics Corporation, Infineon Technologies AG, ON Semiconductor Corporation, ROHM CO., LTD., and Wolfspeedic, among others.