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

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

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 noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix