Silicon Carbide Power Semiconductor Market Size, Share, Opportunities, And Trends By Type (SiC Discrete Devices, SiC Modules), By Voltage Range (Low Voltage, Medium Voltage, High Voltage), By Application (Power Supplies & Inverters, EV & HEV, Industrial Motor Drives, Renewable Energy, Others), By End-User Industry (Automotive, Energy & Power, Industrial, Consumer Electronics, Aerospace & Defense, Others), And By Geography – Forecasts From 2025 To 2030
- Published : Aug 2025
- Report Code : KSI061611127
- Pages : 144
Silicon Carbide Power Semiconductor Market Size:
The Silicon Carbide Power Semiconductor Market is valued at US$1.879 billion in 2025 and is projected to grow at a CAGR of 19.49% to reach US$4.576 billion in 2030.
Silicon Carbide Power Semiconductor Market Highlights:
- SiC semiconductors drive efficiency in electric vehicle powertrains and charging systems.
- Larger SiC wafers enhance scalability and reduce production costs for manufacturers.
- Renewable energy systems leverage SiC for high-efficiency solar and wind inverters.
- Industrial automation benefits from SiC’s high-frequency switching and thermal resilience.
Silicon Carbide Power Semiconductor Market Overview:
The silicon carbide power semiconductors market is expected to witness robust growth during the forecast period, owing to advantages such as low conductance loss at high temperatures and low input and switching losses compared to conventional silicon power semiconductors. Silicon carbide-based semiconductors are applicable in areas where high temperature, high voltage, and high power density are required. The silicon carbide power semiconductors market is driven by the increasing demand for advanced integrated chips operating at high temperatures and voltage, and the booming electronics industry. One of the major restraints associated with this market is the huge initial capital investment required for the setup of manufacturing facilities. However, the increasing demand for silicon carbide-based photovoltaic cells in developing and emerging economies is expected to create numerous opportunities for growth. In addition, a rise in government investment and an increase in the application of solar power in various fields are expected to propel the market growth further.
The silicon carbide (SiC) power semiconductor market is experiencing significant expansion across multiple industry sectors, with the power electronics and automotive industries at the forefront of this surge in demand. In power electronics, SiC devices are gaining traction in renewable energy applications, such as solar inverters and wind turbine converters, thanks to their capacity to handle high voltages and frequencies while reducing energy losses. Meanwhile, in the automotive field, SiC semiconductors play a vital role in electric vehicles (EVs), enhancing fast-charging capabilities, extending driving range, and boosting overall performance through their integration into onboard chargers, DC-DC converters, and traction inverters. Beyond these, the industrial sector is tapping into SiC technology for high-power needs, including motor drives and uninterruptible power supplies (UPS), where reliability and energy efficiency are critical priorities. These industries are fueling market growth as they prioritize sustainability and superior performance.
The global Silicon Carbide (SiC) Power Semiconductor market report delivers a thorough examination of the industry, providing strategic and executive-level insights supported by data-driven analysis and projections. Updated on a regular basis, this report equips decision-makers with practical knowledge about prevailing market trends, emerging possibilities, and competitive forces. It assesses demand for various SiC power semiconductor categories, such as discrete devices and modules, while detailing their uptake across major regions. Additionally, the report addresses cutting-edge technological developments, significant government policies, regulations, and macroeconomic influences, offering a well-rounded view of the market.
Silicon Carbide Power Semiconductor Market Trends:
The SiC power semiconductor market is experiencing rapid growth, driven by its critical role in enabling high-efficiency, high-performance power electronics across industries such as automotive, renewable energy, and industrial automation. SiC power semiconductors, known for their wide bandgap, high thermal conductivity, and ability to operate at elevated voltages and temperatures, are transforming energy management in applications ranging from EVs to solar inverters. As global demand for energy-efficient and sustainable technologies accelerates, SiC devices are becoming indispensable for meeting stringent performance and environmental requirements. This article explores the major trends shaping the SiC power semiconductor market, alongside key drivers and restraints, tailored for industry experts seeking to understand its trajectory.
- Expansion of SiC in Electric Vehicle Applications: The automotive sector, particularly EVs, is a primary driver of SiC power semiconductor adoption. SiC MOSFETs and diodes enhance EV performance by improving powertrain efficiency, extending driving range, and enabling faster charging.
- Advancements in SiC Wafer Manufacturing: The shift toward larger SiC wafer sizes, particularly 200mm (8-inch) wafers, is a significant trend aimed at reducing production costs and improving scalability.
- Integration in Renewable Energy Systems: SiC power semiconductors are increasingly critical in renewable energy applications, such as solar inverters and wind power systems, due to their high efficiency and low energy losses.
- Growth in Industrial Automation and 5G Infrastructure: SiC power semiconductors are gaining traction in industrial automation and 5G infrastructure due to their high-frequency switching and thermal resilience.
Silicon Carbide Power Semiconductor Market Growth Drivers:
- Rising Electric Vehicle (EV) Adoption: The global surge in electric vehicle adoption is a primary driver of the SiC power semiconductor market, as SiC devices significantly enhance EV performance.
- Renewable Energy Investments: The global push for renewable energy, driven by climate goals and government incentives, is fueling demand for SiC power semiconductors in solar inverters, wind turbines, and energy storage systems.
- Technological Advancements in SiC Manufacturing: Innovations in SiC wafer production, particularly the transition to 200mm (8-inch) wafers, are driving market growth by improving scalability and reducing costs.
Silicon Carbide Power Semiconductor Market Segmentation Analysis by Type:
- SiC Discrete Devices: Individual components like MOSFETs and diodes, suitable for specific high-power applications.
- SiC Modules: Integrated packages combining multiple SiC components for enhanced efficiency and thermal management in high-power systems.
- Others: Emerging SiC-based technologies tailored for niche applications.
Silicon Carbide Power Semiconductor Market Segmentation Analysis by Voltage Range:
- Low Voltage (< 900V): Used in consumer electronics and low-power applications requiring efficiency.
- Medium Voltage (900V - 1700V): Ideal for automotive and industrial applications like EV chargers and motor drives.
- High Voltage (> 1700V): Suited for grid-scale renewable energy systems and high-power industrial equipment.
Silicon Carbide Power Semiconductor Market Segmentation Analysis by Application:
- Power Supplies & Inverters: SiC devices enhance efficiency in power conversion for renewable energy and industrial systems.
- EV Components and Charging Infrastructure: Critical for improving EV powertrain efficiency and fast-charging capabilities.
- Industrial Motor Drives: Enable precise control and energy efficiency in industrial automation.
- Renewable Energy System: Support high-efficiency solar and wind inverters for sustainable energy.
- Others: Include applications in aerospace and defense requiring high reliability.
Silicon Carbide Power Semiconductor Market Segmentation Analysis by End-User Industry:
- Automotive: Dominates due to SiC’s role in enhancing EV efficiency and charging infrastructure.
- Energy & Power: Driven by demand for efficient renewable energy systems and grid infrastructure.
- Industrial: Utilizes SiC for high-power motor drives and automation systems.
- Consumer Electronics: Employs SiC for compact, efficient power supplies in devices.
- Aerospace & Defense: Leverages SiC for reliable, high-performance electronics in harsh environments.
- Others: Includes emerging applications like medical equipment and telecommunications.
Silicon Carbide Power Semiconductor Market Geographical Outlook:
The Silicon Carbide Power Semiconductor market report analyzes growth factors across the following regions:
- Americas: Strong growth driven by EV adoption and renewable energy investments, particularly in the US.
- Europe, Middle East, and Africa: Growth fueled by regulatory mandates for zero-emission vehicles and renewable energy in Germany and the Netherlands.
- Asia Pacific: Dominates due to robust manufacturing, EV adoption, and renewable energy investments in China, Japan, Taiwan, and South Korea.
Silicon Carbide Power Semiconductor Market – Competitive Landscape:
- Infineon Technologies AG: Leading provider of SiC MOSFETs and modules for EV and industrial applications.
- Wolfspeed, Inc.: Pioneers SiC wafer production and high-performance SiC devices for automotive and energy sectors.
- STMicroelectronics N.V.: Advances SiC production for EV and renewable energy applications through strategic partnerships.
These companies are driving innovation through advanced SiC technologies and strategic collaborations, enhancing market competitiveness.
Silicon Carbide Power Semiconductor Market Latest Developments:
- July 2025: Infineon Technologies AG launched CoolSiC MOSFETs 1200 V G2 in Q-DPAK, enhancing thermal management and efficiency for EV and industrial applications.
- January 2025: Wolfspeed introduced Gen 4 SiC MOSFET platform, improving durability and efficiency for EV powertrains and industrial systems, reducing system costs.
- December 2024: Onsemi unveiled SiC power-integrated modules in F5BP package for utility-scale PV systems, increasing solar inverter power to 350 kW with enhanced efficiency.
- June 2024: Onsemi announced a USD 2 billion investment in a vertically integrated SiC manufacturing facility in the Czech Republic, boosting production for EV and renewable energy markets.
Silicon Carbide Power Semiconductor Market Scope:
| Report Metric | Details |
| Silicon Carbide Power Semiconductor Market Size in 2025 | US$1.879 billion |
| Silicon Carbide Power Semiconductor Market Size in 2030 | US$4.576 billion |
| Growth Rate | CAGR of 19.49% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | Americas, Europe Middle East and Africa, Asia Pacific |
| List of Major Companies in the Silicon Carbide Power Semiconductor Market |
|
| Customization Scope | Free report customization with purchase |
The Silicon Carbide Power Semiconductor Market is analyzed into the following segments:
By Type
- SiC Discrete Devices
- SiC Modules
- Others
By Voltage Range
- Low Voltage (< 900V)
- Medium Voltage (900V - 1700V)
- High Voltage (> 1700V)
By Application
- Power Supplies & Inverters
- EV Components and Charging Infrastructure
- Industrial Motor Drives
- Renewable Energy System
- Others
By End-User Industry
- Automotive
- Energy & Power
- Industrial
- Consumer Electronics
- Aerospace & Defense
- Others
By Region
- Americas
- US
- Europe Middle East and Africa
- Germany
- Netherlands
- Others
- Asia Pacific
- China
- Japan
- Taiwan
- South Korea
- Others
Our Best-Performing Industry Reports:
- Wide Bandgap Semiconductor Market
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Frequently Asked Questions (FAQs)
The silicon carbide power semiconductor market is expected to reach a total market size of US$4.576 billion by 2030.
Silicon Carbide Power Semiconductor Market is valued at US$1.879 billion in 2025.
The silicon carbide power semiconductor market is expected to grow at a CAGR of 19.49% during the forecast period.
Rising EV adoption, renewable energy demand, and superior efficiency of SiC over silicon are key drivers of market growth.
The Asia-Pacific region is anticipated to hold a significant share of the silicon carbide power semiconductor market.
1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
2.1. Market Overview
2.2. Market Definition
2.3. Scope of the Study
2.4. Market Segmentation
3. BUSINESS LANDSCAPE
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Industry Value Chain Analysis
3.6. Policies and Regulations
3.7. Strategic Recommendations
4. SILICON CARBIDE POWER SEMICONDUCTOR MARKET BY TYPE
4.1. Introduction
4.2. SiC Discrete Devices
4.3. SiC Modules
4.4. Others
5. SILICON CARBIDE POWER SEMICONDUCTOR MARKET BY VOLTAGE RANGE
5.1. Introduction
5.2. Low Voltage (< 900V)
5.3. Medium Voltage (900V - 1700V)
5.4. High Voltage (> 1700V)
6. SILICON CARBIDE POWER SEMICONDUCTOR MARKET BY APPLICATION
6.1. Introduction
6.2. Power Supplies & Inverters
6.3. EV Components and Charging Infrastructure
6.4. Industrial Motor Drives
6.5. Renewable Energy System
6.6. Others
7. SILICON CARBIDE POWER SEMICONDUCTOR MARKET BY END-USER INDUSTRY
7.1. Introduction
7.2. Automotive
7.3. Energy & Power
7.4. Industrial
7.5. Consumer Electronics
7.6. Aerospace & Defense
7.7. Others
8. SILICON CARBIDE POWER SEMICONDUCTOR MARKET BY GEOGRAPHY
8.1. Introduction
8.2. Americas
8.2.1. USA
8.3. Europe, Middle East, and Africa
8.3.1. Germany
8.3.2. Netherlands
8.3.3. Others
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. Taiwan
8.4.4. South Korea
8.4.5. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Wolfspeed, Inc.
10.2. STMicroelectronics N.V.
10.3. Infineon Technologies AG
10.4. ON Semiconductor Corporation
10.5. ROHM Co., Ltd.
10.6. Mitsubishi Electric Corporation
10.7. Fuji Electric Co., Ltd.
10.8. NXP Semiconductors N.V.
10.9. Microchip Technology Inc.
10.10. Toshiba Electronic Devices & Storage Corporation
10.11. Renesas Electronics Corporation
10.12. GeneSiC Semiconductor Inc.
11. APPENDIX
11.1. Currency
11.2. Assumptions
11.3. Base and Forecast Years Timeline
11.4. Key benefits for the stakeholders
11.5. Research Methodology
11.6. Abbreviations
Wolfspeed, Inc.
STMicroelectronics N.V.
Infineon Technologies AG
ON Semiconductor Corporation
ROHM Co., Ltd.
Mitsubishi Electric Corporation
Fuji Electric Co., Ltd.
NXP Semiconductors N.V.
Microchip Technology Inc.
Toshiba Electronic Devices & Storage Corporation
Renesas Electronics Corporation
GeneSiC Semiconductor Inc.
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