Deerfield Beach, FL -- (SBWIRE) -- 05/11/2017 -- Latest industry research report on Silicon Carbide Power Semiconductors Market . Silicon carbide (SiC) is an advance material used for power semiconductors, formed by combining silicon and carbide. Silicon carbide semiconductors are used for various power electronic components such as diodes, transistors, switches, and rectifiers.
The SiC power semiconductors market is expected to witness robust growth during the forecast period, owing to advantages such as low conductance loss at high temperature and low input & switching losses as compared to conventional silicon power semiconductor. SiC-based semiconductors are applicable in areas where high temperature, high voltage, and high power density are required.

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The SiC power semiconductors market is driven by the increasing demand for advanced ICs operating at high temperature and voltage, and the booming electronics industry. Developing countries such as China, Taiwan, and India fuel the market growth owing to the growing electronics industry, power sector, and automotive industry.

One of the major restraints associated with this market is the huge initial capital investment required for the setup of manufacturing facilities. However, increasing demand of SiC-based photovoltaic cells in developing countries, such as China, Brazil, and India, is expected to create numerous opportunities for growth. In addition, rise in government investment and increase in application of solar power in various fields is expected to propel the market growth further.

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SILICON CARBIDE POWER SEMICONDUCTORS SEGMENTATION

By Power Module

Power Products
Discrete Products

By Industry Vertical

IT & Telecom
Aerospace & Defense
Industrial
Energy & Power
Electronics
Automotive
Healthcare

By Geography

North America

U.S.
Canada
Mexico

Europe

Germany
France
Italy
UK
Rest of Europe

Asia-Pacific

China
Japan

Key Market Players

Infineon Technologies AG
Microsemi Corporation
General Electric
Power Integrations
TOSHIBA CORPORATION
Fairchild Semiconductor
STMicroelectronics
NXP Semiconductors
Tokyo Electron Limited
Renesas Electronics Corporation

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