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Future Analysis on SiC & GaN Power Semiconductor Market

During the 2017- 2026 timeframe, the global SiC & GaN power semiconductor market is expected to expand rapidly. The global demand for SiC & GaN power semiconductors is expected to generate sales of US$ 2,986.3 million.

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Future Analysis on SiC & GaN Power Semiconductor Market

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  1. KEY HIGHLIGHTS ABOUT SIC & GAN POWER SEMICONDUCTOR MARKET During the 2017- 2026 timeframe, the global SiC & GaN power semiconductor market is expected to expand rapidly. The global demand for SiC & GaN power semiconductors is expected to generate sales of US$ 2,986.3 million. THE DEMAND FOR SIC AND GAN POWER SEMICONDUCTORS IS BEING DRIVEN BY THE INTRODUCTION OF TECHNOLOGICALLY ADVANCED DEVICES WITH GREATER POWER CAPABILITY. SIC & GAN POWER SEMICONDUCTORS ARE LIGHTWEIGHT AND DURABLE POWER DEVICES THAT OUTPERFORM SILICON-BASED DEVICES IN TERMS OF PERFORMANCE. IN A VARIETY OF POWER APPLICATIONS, SUCH AS AUTOMOBILE ELECTRONICS, INDUSTRIAL MOTORS, AND PV INVERTERS, THESE SIC & GAN POWER SEMICONDUCTORS HELP TO MINIMIZE VOLUME, WEIGHT, AND LIFE CYCLE COSTS. IT IS EXPECTED THAT POWER SUPPLIES WILL GENERATE AN INCREMENTAL OPPORTUNITY OF MORE THAN US$ 700 MILLION BY 2026. FACT.MR

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