Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Report ID: GIR-BS-6049 | Category: Electronics & Semiconductor | Pages: 104 | Format: PDF | Published Date: April 17,2023

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Report Summary

The power semiconductor is the core of electronic device electrical energy conversion and circuit control. In essence, it uses the unidirectional conductivity of the semiconductor to realize the function of power switch and power conversion. Whether it is hydropower, nuclear power, thermal power or wind power, or even the chemical energy provided by various batteries, most of them cannot be directly used. More than 75% of the electrical energy applications require power conversion by power semiconductor devices before they can be used by equipment.
According to our (Global Info Research) latest study, the global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market size was valued at USD 1045.8 million in 2022 and is forecast to a readjusted size of USD 8102 million by 2029 with a CAGR of 34.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major global manufacturers of gallium nitride and silicon carbide power semiconductors include Infineon, CREE (Wolfspeed), Roma Electronics, STMicroelectronics, ON Semiconductor, etc. Gallium nitride and silicon carbide power semiconductor manufacturers are mainly in Europe, America and Japan. Chinese manufacturers started late. Most domestic companies are in the early stage of research and development. The technology is relatively backward and the industry volume is small. There is a big gap with European, American and Japanese manufacturers.
This report is a detailed and comprehensive analysis for global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market size and forecasts, in consumption value ($ Million), 2018-2029
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Infineon, CREE (Wolfspeed), Roma Semiconductor Group, STMicroelectronics and ON Semiconductor, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Silicon Carbide Power Semiconductor
    Gallium Nitride Power Semiconductor
Market segment by Application
    Consumer Electronics
    New Energy Grid Connection
    Rail
    Industrial Motor
    Ups Power Supply
    New Energy Vehicles
    Other
Market segment by players, this report covers
    Infineon
    CREE (Wolfspeed)
    Roma Semiconductor Group
    STMicroelectronics
    ON Semiconductor
    Mitsubishi Electric
    Fuji Electric
    Littelfuse
    Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd.
    Shenzhen Basic Semiconductor Co., Ltd.
Market segment by regions, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
    South America (Brazil, Argentina and Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors, with revenue, gross margin and global market share of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors from 2018 to 2023.
Chapter 3, the Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors.
Chapter 13, to describe Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors research findings and conclusion.

1 Market Overview
    1.1 Product Overview and Scope of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors
    1.2 Market Estimation Caveats and Base Year
    1.3 Classification of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors by Type
        1.3.1 Overview: Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value Market Share by Type in 2022
        1.3.3 Silicon Carbide Power Semiconductor
        1.3.4 Gallium Nitride Power Semiconductor
    1.4 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market by Application
        1.4.1 Overview: Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Consumer Electronics
        1.4.3 New Energy Grid Connection
        1.4.4 Rail
        1.4.5 Industrial Motor
        1.4.6 Ups Power Supply
        1.4.7 New Energy Vehicles
        1.4.8 Other
    1.5 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size & Forecast
    1.6 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast by Region
        1.6.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size by Region: 2018 VS 2022 VS 2029
        1.6.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size by Region, (2018-2029)
        1.6.3 North America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Prospect (2018-2029)
        1.6.4 Europe Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Prospect (2018-2029)
        1.6.5 Asia-Pacific Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Prospect (2018-2029)
        1.6.6 South America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Prospect (2018-2029)
        1.6.7 Middle East and Africa Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Prospect (2018-2029)
2 Company Profiles
    2.1 Infineon
        2.1.1 Infineon Details
        2.1.2 Infineon Major Business
        2.1.3 Infineon Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product and Solutions
        2.1.4 Infineon Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 Infineon Recent Developments and Future Plans
    2.2 CREE (Wolfspeed)
        2.2.1 CREE (Wolfspeed) Details
        2.2.2 CREE (Wolfspeed) Major Business
        2.2.3 CREE (Wolfspeed) Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product and Solutions
        2.2.4 CREE (Wolfspeed) Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 CREE (Wolfspeed) Recent Developments and Future Plans
    2.3 Roma Semiconductor Group
        2.3.1 Roma Semiconductor Group Details
        2.3.2 Roma Semiconductor Group Major Business
        2.3.3 Roma Semiconductor Group Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product and Solutions
        2.3.4 Roma Semiconductor Group Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Roma Semiconductor Group Recent Developments and Future Plans
    2.4 STMicroelectronics
        2.4.1 STMicroelectronics Details
        2.4.2 STMicroelectronics Major Business
        2.4.3 STMicroelectronics Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product and Solutions
        2.4.4 STMicroelectronics Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 STMicroelectronics Recent Developments and Future Plans
    2.5 ON Semiconductor
        2.5.1 ON Semiconductor Details
        2.5.2 ON Semiconductor Major Business
        2.5.3 ON Semiconductor Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product and Solutions
        2.5.4 ON Semiconductor Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 ON Semiconductor Recent Developments and Future Plans
    2.6 Mitsubishi Electric
        2.6.1 Mitsubishi Electric Details
        2.6.2 Mitsubishi Electric Major Business
        2.6.3 Mitsubishi Electric Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product and Solutions
        2.6.4 Mitsubishi Electric Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Mitsubishi Electric Recent Developments and Future Plans
    2.7 Fuji Electric
        2.7.1 Fuji Electric Details
        2.7.2 Fuji Electric Major Business
        2.7.3 Fuji Electric Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product and Solutions
        2.7.4 Fuji Electric Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Fuji Electric Recent Developments and Future Plans
    2.8 Littelfuse
        2.8.1 Littelfuse Details
        2.8.2 Littelfuse Major Business
        2.8.3 Littelfuse Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product and Solutions
        2.8.4 Littelfuse Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Littelfuse Recent Developments and Future Plans
    2.9 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd.
        2.9.1 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd. Details
        2.9.2 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd. Major Business
        2.9.3 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd. Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product and Solutions
        2.9.4 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd. Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 Tyco Tianrun Semiconductor Technology (Beijing) Co., Ltd. Recent Developments and Future Plans
    2.10 Shenzhen Basic Semiconductor Co., Ltd. 
        2.10.1 Shenzhen Basic Semiconductor Co., Ltd. Details
        2.10.2 Shenzhen Basic Semiconductor Co., Ltd. Major Business
        2.10.3 Shenzhen Basic Semiconductor Co., Ltd. Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Product and Solutions
        2.10.4 Shenzhen Basic Semiconductor Co., Ltd. Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Shenzhen Basic Semiconductor Co., Ltd. Recent Developments and Future Plans
3 Market Competition, by Players
    3.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Revenue and Share by Players (2018-2023)
    3.2 Market Share Analysis (2022)
        3.2.1 Market Share of Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors by Company Revenue
        3.2.2 Top 3 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Players Market Share in 2022
        3.2.3 Top 6 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Players Market Share in 2022
    3.3 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market: Overall Company Footprint Analysis
        3.3.1 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market: Region Footprint
        3.3.2 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market: Company Product Type Footprint
        3.3.3 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market: Company Product Application Footprint
    3.4 New Market Entrants and Barriers to Market Entry
    3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
    4.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value and Market Share by Type (2018-2023)
    4.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
    5.1 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value Market Share by Application (2018-2023)
    5.2 Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Forecast by Application (2024-2029)
6 North America
    6.1 North America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Type (2018-2029)
    6.2 North America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Application (2018-2029)
    6.3 North America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size by Country
        6.3.1 North America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Country (2018-2029)
        6.3.2 United States Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        6.3.3 Canada Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        6.3.4 Mexico Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
7 Europe
    7.1 Europe Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Type (2018-2029)
    7.2 Europe Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Application (2018-2029)
    7.3 Europe Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size by Country
        7.3.1 Europe Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Country (2018-2029)
        7.3.2 Germany Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        7.3.3 France Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        7.3.4 United Kingdom Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        7.3.5 Russia Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        7.3.6 Italy Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
8 Asia-Pacific
    8.1 Asia-Pacific Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Type (2018-2029)
    8.2 Asia-Pacific Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Application (2018-2029)
    8.3 Asia-Pacific Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size by Region
        8.3.1 Asia-Pacific Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Region (2018-2029)
        8.3.2 China Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        8.3.3 Japan Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        8.3.4 South Korea Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        8.3.5 India Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        8.3.6 Southeast Asia Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        8.3.7 Australia Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
9 South America
    9.1 South America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Type (2018-2029)
    9.2 South America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Application (2018-2029)
    9.3 South America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size by Country
        9.3.1 South America Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Country (2018-2029)
        9.3.2 Brazil Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        9.3.3 Argentina Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
10 Middle East & Africa
    10.1 Middle East & Africa Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Type (2018-2029)
    10.2 Middle East & Africa Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Application (2018-2029)
    10.3 Middle East & Africa Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size by Country
        10.3.1 Middle East & Africa Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Consumption Value by Country (2018-2029)
        10.3.2 Turkey Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        10.3.3 Saudi Arabia Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
        10.3.4 UAE Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Size and Forecast (2018-2029)
11 Market Dynamics
    11.1 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Drivers
    11.2 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market Restraints
    11.3 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Trends Analysis
    11.4 Porters Five Forces Analysis
        11.4.1 Threat of New Entrants
        11.4.2 Bargaining Power of Suppliers
        11.4.3 Bargaining Power of Buyers
        11.4.4 Threat of Substitutes
        11.4.5 Competitive Rivalry
    11.5 Influence of COVID-19 and Russia-Ukraine War
        11.5.1 Influence of COVID-19
        11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
    12.1 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Industry Chain
    12.2 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Upstream Analysis
    12.3 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Midstream Analysis
    12.4 Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
    14.1 Methodology
    14.2 Research Process and Data Source
    14.3 Disclaimer

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Global Gallium Nitride (GaN) and Silicon Carbide (SiC) Power Semiconductors Market 2023 by Company, Regions, Type and Application, Forecast to 2029

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