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SiC and GaN Power Semiconductor Market Share

Report ID: GMI10360
Published Date: Jul 2024
Report Format: PDF

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SiC and GaN Power Semiconductor Market Share

Alpha and Omega Semiconductor and Infineon Technologies hold a significant share in the SiC and GaN Power Semiconductor industry. Alpha and Omega Semiconductor (AOS) is a leading supplier of a wide range of power semiconductors, including SiC and GaN devices. This specializes in developing advanced power management solutions for applications in consumer electronics, automotive, industrial, and renewable energy sectors. The company focuses on innovation in power efficiency, reliability, and performance, catering to the evolving demands of global markets. AOS's product portfolio includes discrete semiconductors, integrated circuits, and power modules, supporting diverse applications where energy efficiency and compact design are crucial.

Infineon Technologies, based in Germany, is a global leader in semiconductor solutions, including SiC and GaN power semiconductors. The company leverages its expertise in power electronics to deliver advanced semiconductor technologies that enhance energy efficiency and reliability in automotive, industrial, and renewable energy applications. Infineon's SiC and GaN products enable higher power density, reduced system size, and improved thermal management, meeting the stringent requirements of modern electronic systems. With a strong focus on innovation and sustainability, Infineon plays a pivotal role in shaping the future of power semiconductor technology worldwide.

SiC and GaN Power Semiconductor Market Companies

Major players operating in the SiC and GaN power semiconductor industry are:

Infineon Technologies AG
ON Semiconductor Corporation
STMicroelectronics N.V.
ROHM CO., LTD.
Mitsubishi Electric Corporation
Wolfspeed
Renesas Electronics Corporation
Alpha & Omega Semiconductor
Fuji Electric Co., Ltd

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for SiC and GaN power semiconductor was valued at USD 2.24 billion in 2023 and is anticipated to record a CAGR of over 25% between 2024 and 2032, owing to the energy efficiency and reduced power loss offered by the product.

The medium power segment is poised to record a CAGR of over 28% between 2024 and 2032, attributed to the advantages such as lower switching losses, higher operating temperatures, and enhanced reliability, making them ideal for demanding environments.

Asia Pacific SiC and GaN power semiconductor market accounted for a share of over 45% in 2023 and will continue to record notable growth through 2032, due to active investment in semiconductor technologies to bolster industrial capabilities and support sectors like EVs, renewable energy, and telecommunications.

Infineon Technologies AG, ON Semiconductor Corporation, STMicroelectronics N.V., ROHM CO., LTD., Mitsubishi Electric Corporation, Wolfspeed, Renesas Electronics Corporation, Alpha & Omega Semiconductor, and Fuji Electric Co., Ltd.