Global SiC MOSFET Modules Market Size Is Projected to Grow from USD 1693 million in 2023

According to the new market research report “Global SiC MOSFET Modules Market Report 2023-2029”, published by Global Info Research, the global SiC MOSFET Modules market size is projected to grow from USD 1693 million in 2023 to USD 9218.2 million by 2029, at a CAGR of 32.6% during the forecast period.

Figure. Global SiC MOSFET Modules Market Size (US$ Million), 2018-2029

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Based on or includes research from Global Info Research: Global SiC MOSFET Modules Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Silicon carbide MOSFET has the characteristics of low on-off resistance and small switch loss, which can reduce device loss and improve system efficiency. It is more suitable for high frequency circuit.

Silicon carbide MOSFET

It is widely used in new energy vehicle motor controller, on-board power supply, solar inverter, charging pile, UPS, PFC power supply and other fields.

This report investigates the market for SiC MOSFET chips and devices and SiC MOSFET modules.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

Figure. SiC MOSFET Modules, Global Market Size, The Top Five Players Hold 80% of Overall Market

Based on or includes research from Global Info Research: Global SiC MOSFET Modules Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

The key players of SiC MOSFET modules are STMicroelectronics, Infineon, Wolfspeed, Rohm, Onsemi, BYD Semiconductor, Microchip (Microsemi), Mitsubishi Electric (Vincotech) and Semikron Danfoss, etc.

Regionally, the report analyzes the SiC MOSFET Modules markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global SiC MOSFET Modules market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the SiC MOSFET Modules market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the SiC MOSFET Modules industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Pieces), revenue generated, and market share of different by Type (e.g., 750 V, 1200 V).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the SiC MOSFET Modules market.

Regional Analysis: The report involves examining the SiC MOSFET Modules market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the SiC MOSFET Modules market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to SiC MOSFET Modules:

Company Analysis: Report covers individual SiC MOSFET Modules manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards SiC MOSFET Modules This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Actuation Systems, Commercial Aviation).

Technology Analysis: Report covers specific technologies relevant to SiC MOSFET Modules. It assesses the current state, advancements, and potential future developments in SiC MOSFET Modules areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the SiC MOSFET Modules market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.