Industry: Energy & Power
Published Date: 2025-01-16
Pages: 130 Pages
Report ld: 3479799
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SiC & GaN Power Devices Market Size(US$)

CAGR 2025-2031
32.5%
Market Size,2031
USD 12,750
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for SiC & GaN Power Devices was estimated to be worth US$ 1823 million in 2024 and is forecast to a readjusted size of US$ 12750 million by 2031 with a CAGR of 32.5% during the forecast period 2025-2031.
Wide-bandgap semiconductors (WBG or WBGS) are semiconductor materials which have a relatively large band gap compared to typical semiconductors. Silicon Carbide (SiC) and gallium nitride (GaN) Power Devices are the mainly used Wide-bandgap semiconductors materials.
Global SiC & GaN Power Devices main players are Infineon, Rohm, Mitsubishi, STMicro, Inc, Thales cryogenics, AIM, etc. Global top four manufacturers hold a share over 80%. Europe is the largest market, with a share nearly 35%.
This report aims to provide a comprehensive presentation of the global market for SiC & GaN Power Devices, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of SiC & GaN Power Devices by region & country, by Type, and by Application.
The SiC & GaN Power Devices market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SiC & GaN Power Devices.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of SiC & GaN Power Devices manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of SiC & GaN Power Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of SiC & GaN Power Devices in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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TABLE OF CONTENTS
1 Market Overview
1.1 SiC & GaN Power Devices Product Introduction
1.2 Global SiC & GaN Power Devices Market Size Forecast
1.2.1 Global SiC & GaN Power Devices Sales Value (2020-2031)
1.2.2 Global SiC & GaN Power Devices Sales Volume (2020-2031)
1.2.3 Global SiC & GaN Power Devices Sales Price (2020-2031)
1.3 SiC & GaN Power Devices Market Trends & Drivers
1.3.1 SiC & GaN Power Devices Industry Trends
1.3.2 SiC & GaN Power Devices Market Drivers & Opportunity
1.3.3 SiC & GaN Power Devices Market Challenges
1.3.4 SiC & GaN Power Devices Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global SiC & GaN Power Devices Players Revenue Ranking (2024)
2.2 Global SiC & GaN Power Devices Revenue by Company (2020-2025)
2.3 Global SiC & GaN Power Devices Players Sales Volume Ranking (2024)
2.4 Global SiC & GaN Power Devices Sales Volume by Company Players (2020-2025)
2.5 Global SiC & GaN Power Devices Average Price by Company (2020-2025)
2.6 Key Manufacturers SiC & GaN Power Devices Manufacturing Base and Headquarters
2.7 Key Manufacturers SiC & GaN Power Devices Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of SiC & GaN Power Devices
2.9 SiC & GaN Power Devices Market Competitive Analysis
2.9.1 SiC & GaN Power Devices Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by SiC & GaN Power Devices Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in SiC & GaN Power Devices as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 GaN
3.1.2 SiC
3.2 Global SiC & GaN Power Devices Sales Value by Type
3.2.1 Global SiC & GaN Power Devices Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global SiC & GaN Power Devices Sales Value, by Type (2020-2031)
3.2.3 Global SiC & GaN Power Devices Sales Value, by Type (%) (2020-2031)
3.3 Global SiC & GaN Power Devices Sales Volume by Type
3.3.1 Global SiC & GaN Power Devices Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global SiC & GaN Power Devices Sales Volume, by Type (2020-2031)
3.3.3 Global SiC & GaN Power Devices Sales Volume, by Type (%) (2020-2031)
3.4 Global SiC & GaN Power Devices Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Consumer Electronics
4.1.2 Automotive & Transportation
4.1.3 Industrial Use
4.1.4 Others
4.2 Global SiC & GaN Power Devices Sales Value by Application
4.2.1 Global SiC & GaN Power Devices Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global SiC & GaN Power Devices Sales Value, by Application (2020-2031)
4.2.3 Global SiC & GaN Power Devices Sales Value, by Application (%) (2020-2031)
4.3 Global SiC & GaN Power Devices Sales Volume by Application
4.3.1 Global SiC & GaN Power Devices Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global SiC & GaN Power Devices Sales Volume, by Application (2020-2031)
4.3.3 Global SiC & GaN Power Devices Sales Volume, by Application (%) (2020-2031)
4.4 Global SiC & GaN Power Devices Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global SiC & GaN Power Devices Sales Value by Region
5.1.1 Global SiC & GaN Power Devices Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global SiC & GaN Power Devices Sales Value by Region (2020-2025)
5.1.3 Global SiC & GaN Power Devices Sales Value by Region (2026-2031)
5.1.4 Global SiC & GaN Power Devices Sales Value by Region (%), (2020-2031)
5.2 Global SiC & GaN Power Devices Sales Volume by Region
5.2.1 Global SiC & GaN Power Devices Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global SiC & GaN Power Devices Sales Volume by Region (2020-2025)
5.2.3 Global SiC & GaN Power Devices Sales Volume by Region (2026-2031)
5.2.4 Global SiC & GaN Power Devices Sales Volume by Region (%), (2020-2031)
5.3 Global SiC & GaN Power Devices Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America SiC & GaN Power Devices Sales Value, 2020-2031
5.4.2 North America SiC & GaN Power Devices Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe SiC & GaN Power Devices Sales Value, 2020-2031
5.5.2 Europe SiC & GaN Power Devices Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific SiC & GaN Power Devices Sales Value, 2020-2031
5.6.2 Asia Pacific SiC & GaN Power Devices Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America SiC & GaN Power Devices Sales Value, 2020-2031
5.7.2 South America SiC & GaN Power Devices Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa SiC & GaN Power Devices Sales Value, 2020-2031
5.8.2 Middle East & Africa SiC & GaN Power Devices Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions SiC & GaN Power Devices Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions SiC & GaN Power Devices Sales Value
6.2.1 Key Countries/Regions SiC & GaN Power Devices Sales Value, 2020-2031
6.2.2 Key Countries/Regions SiC & GaN Power Devices Sales Volume, 2020-2031
6.3 United States
6.3.1 United States SiC & GaN Power Devices Sales Value, 2020-2031
6.3.2 United States SiC & GaN Power Devices Sales Value by Type (%), 2024 VS 2031
6.3.3 United States SiC & GaN Power Devices Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe SiC & GaN Power Devices Sales Value, 2020-2031
6.4.2 Europe SiC & GaN Power Devices Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe SiC & GaN Power Devices Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China SiC & GaN Power Devices Sales Value, 2020-2031
6.5.2 China SiC & GaN Power Devices Sales Value by Type (%), 2024 VS 2031
6.5.3 China SiC & GaN Power Devices Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan SiC & GaN Power Devices Sales Value, 2020-2031
6.6.2 Japan SiC & GaN Power Devices Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan SiC & GaN Power Devices Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea SiC & GaN Power Devices Sales Value, 2020-2031
6.7.2 South Korea SiC & GaN Power Devices Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea SiC & GaN Power Devices Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia SiC & GaN Power Devices Sales Value, 2020-2031
6.8.2 Southeast Asia SiC & GaN Power Devices Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia SiC & GaN Power Devices Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India SiC & GaN Power Devices Sales Value, 2020-2031
6.9.2 India SiC & GaN Power Devices Sales Value by Type (%), 2024 VS 2031
6.9.3 India SiC & GaN Power Devices Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Infineon
7.1.1 Infineon Company Information
7.1.2 Infineon Introduction and Business Overview
7.1.3 Infineon SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Infineon SiC & GaN Power Devices Product Offerings
7.1.5 Infineon Recent Development
7.2 Rohm
7.2.1 Rohm Company Information
7.2.2 Rohm Introduction and Business Overview
7.2.3 Rohm SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Rohm SiC & GaN Power Devices Product Offerings
7.2.5 Rohm Recent Development
7.3 Mitsubishi
7.3.1 Mitsubishi Company Information
7.3.2 Mitsubishi Introduction and Business Overview
7.3.3 Mitsubishi SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Mitsubishi SiC & GaN Power Devices Product Offerings
7.3.5 Mitsubishi Recent Development
7.4 STMicro
7.4.1 STMicro Company Information
7.4.2 STMicro Introduction and Business Overview
7.4.3 STMicro SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 STMicro SiC & GaN Power Devices Product Offerings
7.4.5 STMicro Recent Development
7.5 Fuji
7.5.1 Fuji Company Information
7.5.2 Fuji Introduction and Business Overview
7.5.3 Fuji SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Fuji SiC & GaN Power Devices Product Offerings
7.5.5 Fuji Recent Development
7.6 Toshiba
7.6.1 Toshiba Company Information
7.6.2 Toshiba Introduction and Business Overview
7.6.3 Toshiba SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Toshiba SiC & GaN Power Devices Product Offerings
7.6.5 Toshiba Recent Development
7.7 Microchip Technology
7.7.1 Microchip Technology Company Information
7.7.2 Microchip Technology Introduction and Business Overview
7.7.3 Microchip Technology SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Microchip Technology SiC & GaN Power Devices Product Offerings
7.7.5 Microchip Technology Recent Development
7.8 United Silicon Carbide Inc.
7.8.1 United Silicon Carbide Inc. Company Information
7.8.2 United Silicon Carbide Inc. Introduction and Business Overview
7.8.3 United Silicon Carbide Inc. SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 United Silicon Carbide Inc. SiC & GaN Power Devices Product Offerings
7.8.5 United Silicon Carbide Inc. Recent Development
7.9 GeneSic
7.9.1 GeneSic Company Information
7.9.2 GeneSic Introduction and Business Overview
7.9.3 GeneSic SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 GeneSic SiC & GaN Power Devices Product Offerings
7.9.5 GeneSic Recent Development
7.10 Efficient Power Conversion (EPC)
7.10.1 Efficient Power Conversion (EPC) Company Information
7.10.2 Efficient Power Conversion (EPC) Introduction and Business Overview
7.10.3 Efficient Power Conversion (EPC) SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Efficient Power Conversion (EPC) SiC & GaN Power Devices Product Offerings
7.10.5 Efficient Power Conversion (EPC) Recent Development
7.11 GaN Systems
7.11.1 GaN Systems Company Information
7.11.2 GaN Systems Introduction and Business Overview
7.11.3 GaN Systems SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 GaN Systems SiC & GaN Power Devices Product Offerings
7.11.5 GaN Systems Recent Development
7.12 VisIC Technologies LTD
7.12.1 VisIC Technologies LTD Company Information
7.12.2 VisIC Technologies LTD Introduction and Business Overview
7.12.3 VisIC Technologies LTD SiC & GaN Power Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 VisIC Technologies LTD SiC & GaN Power Devices Product Offerings
7.12.5 VisIC Technologies LTD Recent Development
8 Industry Chain Analysis
8.1 SiC & GaN Power Devices Industrial Chain
8.2 SiC & GaN Power Devices Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 SiC & GaN Power Devices Sales Model
8.5.2 Sales Channel
8.5.3 SiC & GaN Power Devices Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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