New York, Global SiC Based Power Electronics and Inverter Market report from Global Insight Services is the single authoritative source of intelligence on SiC Based Power Electronics and Inverter Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Silicon carbide (SiC) is a compound of silicon and carbon. It is a very hard material with a Mohs hardness of 9. It is used in a variety of electronic devices. SiC-based power electronics are devices that use SiC as a material for the active element. SiC-based inverters are devices that use SiC as a material for the inverter.
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Key Trends
The key trends in SiC-based power electronics and inverter technology are miniaturization, higher efficiency, and lower losses.
SiC-based devices are able to operate at higher temperatures than traditional silicon devices, meaning that they can be miniaturized without sacrificing performance.
In addition, SiC-based devices have lower switching losses, meaning that they are more efficient than silicon devices.
Key Drivers
The key drivers of SiC based power electronics and inverter market can be classified into three major categories, namely, technological, economic, and environmental.
Technological: The ever-growing demand for miniaturization of electronic devices and components has resulted in the development of new and improved manufacturing techniques for semiconductor materials. The silicon carbide (SiC) based power electronic devices offer a number of advantages over their silicon (Si) counterparts, including higher power density, higher operating temperature, and lower ON-resistance.
Economic: The SiC based power electronic devices offer a number of advantages over their silicon (Si) counterparts, including higher power density, higher operating temperature, and lower ON-resistance. These attributes make SiC an attractive option for a wide range of applications, such as electric vehicles (EVs), solar photovoltaic (PV) inverters, and high-temperature industrial processes.
Environmental: The increasing awareness about the harmful effects of greenhouse gases (GHGs) has resulted in the need for more efficient and environment-friendly power electronic devices. SiC based power electronic devices are more efficient than their Si counterparts and generate less GHGs.
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Market Segments
By Product
- Power Electronics
- Inverter
By End-User
- Automotive
- Consumer electronics
- Industrial
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Key Players
The SiC Based Power Electronics and Inverter Market includes players such as Semikron Electronics GmbH and Co., Inc., Fuji Electric Co, Ltd., Texas Instruments Incorporated, Toshiba Corporation ,Infineon Technologies AG, ON Semiconductor, ABB Group, Maxim Integrated Products, Inc., Renesas Electronics Corporation and Methode Electronics, Inc.
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