Global Automotive SiC (Silicon Carbide) Power Device Market 2023-2030

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    GLOBAL AUTOMOTIVE SiC (SILICON CARBIDE) POWER DEVICE MARKET

     

    INTRODUCTION

    Advanced semiconductor components especially created for automotive applications are silicon carbide (SiC) power devices. SiC power devices are becoming more and more used in the automotive industry because they have many advantages over conventional silicon-based power devices.

     

    Silicon carbide, a compound semiconductor material with remarkable electrical and thermal properties, is used to create SiC power devices. In comparison to silicon-based devices, these devices can withstand higher voltages, temperatures, and switching frequency.SiC power devices are more efficient because they have lower conduction and switching losses.

     

    This efficiency upgrade decreases energy usage, increases the overall vehicle range, and prolongs the battery life in electric cars (EVs).SiC power devices have a higher operating temperature range than silicon-based counterparts. With better thermal management and more compact designs made possible by this capability, automotive systems will have higher power densities and greater reliability.

     

    Due to SiC devices’ improved switching properties, switching losses are decreased and switching speeds are increased. In high-frequency applications like motor drives and power converters, this capability is essential for improving system performance. Because SiC power devices can operate at greater voltage levels, high-voltage applications in automotive systems have been developed.

     

    This capacity is especially useful for traction inverters, EV charging stations, and other high-power systems. SiC’s better material qualities allow for the building of more compact and lightweight power electronic devices. This benefit is particularly relevant for automotive applications, where optimizing vehicle performance and economy depends heavily on weight and space restrictions.

     

    Automotive systems such as EV powertrains, on-board chargers, DC-DC converters, inverters, and more are finding use for SiC power devices. They provide increases in system reliability, power density, and overall system efficiency.

     

    SiC power devices are anticipated to play a critical role in allowing the next generation of energy-efficient and high-performance automobiles as the automotive industry continues to migrate towards electrification and better efficiency standards.

     

    GLOBAL AUTOMOTIVE SiC (SILICON CARBIDE) POWER DEVICE MARKET SIZE AND FORECAST

    Infographic: Automotive SiC (Silicon Carbide) Power Device Market, Automotive SiC (Silicon Carbide) Power Device Market Size, Automotive SiC (Silicon Carbide) Power Device Market Trends, Automotive SiC (Silicon Carbide) Power Device Market Forecast, Automotive SiC (Silicon Carbide) Power Device Market Risks, Automotive SiC (Silicon Carbide) Power Device Market Report, Automotive SiC (Silicon Carbide) Power Device Market Share

    The global automotive sic (silicon carbide) power device market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    New silicon-carbide (SiC) high-power modules were introduced by STMicroelectronics with the goal of enhancing the efficiency and range of electric vehicles.

     

    Leading mobility provider DENSO CORPORATION stated that it had created the first inverter ever to use silicon carbide (SiC) semiconductors. This inverter will be utilized in the new Lexus RZ, the automaker’s first specifically designed battery electric vehicle (BEV) model, which is built within the eAxle, an electric driving module created by BluE Nexus Corporation.

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many automotive sic (silicon carbide) power device are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global automotive sic (silicon carbide) power device and key vendor selection criteria
    3. Where is the automotive sic (silicon carbide) power device manufactured? What is the average margin per unit?
    4. Market share of Global automotive sic (silicon carbide) power device market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global automotive sic (silicon carbide) power device in-house
    6. key predictions for next 5 years in Global automotive sic (silicon carbide) power device market
    7. Average B-2-B automotive sic (silicon carbide) power device market price in all segments
    8. Latest trends in automotive sic (silicon carbide) power device market, by every market segment
    9. The market size (both volume and value) of the automotive sic (silicon carbide) power device market in 2023-2030 and every year in between?
    10. Production breakup of automotive sic (silicon carbide) power device market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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