What is Sic Diodes Market?
Sic (Silicon Carbide) is a semiconductor compound made up of silicon and carbon. SiC has a number of properties, including a higher breakdown electric field strength, lower thermal expansion, a wider bandgap, and high chemical reaction resistance. Power grid equipment, portable AC transmission systems, high-voltage, direct current systems, power supplies and inverters, RF devices & cellular base stations, lighting control systems, electronic warfare systems, EV engines, wind turbines, solar power systems, and others all use silicon carbide (SiC) diodes.
The market study is being classified by Type (Single Diode and Dual Diode), by Application (Solar Inverters, Motor Drives, Uninterruptible Power Supplies (UPS), Electric Vehicle (EV) and Others) and major geographies with country level break-up.
Infineon Technologies AG (Germany), CREE, INC. (United States), ROHM Co., Ltd. (Japan), STMicroelectronics N.V. (Switzerland), Fuji Electric Co., Ltd. (Japan), ON Semiconductor Corporation (United States), Renesas Electronics Corporation (Japan), UnitedSiC (United States), GeneSiC Semiconductor Inc. (United States), Ascatron (Sweden) and SEMIKRON (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Microchip Technology Incorporated (United States) and Toshiba Corporation (Japan).
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Sic Diodes market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Sic Diodes market by Type, Application and Region.
On the basis of geography, the market of Sic Diodes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand for SiC Devices in Power Electronics Industry
- SiC-Based Devices Facilitate Size-Reduction
- Technological Advancements and Expansion to Meet the Rising Demand for Silicon Carbide (SiC) Diodes
- High Material and Fabrication Cost
- Rising Demand for Electric Vehicle (EV) Motors
- Growing Demand From Automotive and Power Devices Industries
- SiC Power Devices Material Defects, Designing, and Packaging Issues
Market Leaders and some development strategies
In May 2018, Microchip Technology Inc. acquired Microsemi, one of the leading providers of semiconductor solutions with elements such as power, security, reliability, and performance.
In February 2020, Infineon Technologies AG launched CoolSiC MOSFETs with 650 V. The company aims to meet the growing demand for energy efficiency, power density, and robustness in a wide range of applications., and In January-2019, the company launched the 5th generation 1700V (C5D) SiC diodes, which were optimized for industrial power and electric vehicle charging purposes such as wind turbine inverters and solar power.
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Sic Diodes Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Sic Diodes Market?
"Growing Demand for SiC Devices in Power Electronics Industry
" is seen as one of major growth factors of Sic Diodes Market in years to come.
2. Can we have customized study for Sic Diodes Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.