Global EV Silicon Carbide Power Module Market 2024-2030
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Global EV Silicon Carbide Power Module Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

EV SILICON CARBIDE POWER MODULE MARKET

 

INTRODUCTION OFEV SILICON CARBIDE POWER MODULE MARKET

A power module that employs silicon carbide semiconductors as switches is known as a silicon carbide power module. Electrical power, which is the result of current and voltage, is transformed with high conversion efficiency using a silicon carbide power module.

 

SiC MOSFETs can switch at maximum speed thanks to a low module commutation inductance. Smaller magnetic filter components can be produced by converting the greater switching speeds into higher switching frequencies.

 

The switching losses can be decreased at the same time, improving system effectiveness. Higher power densities are made possible by sophisticated materials and packaging techniques that reduce the thermal resistance of the chip to the heatsink.

 

SiC (silicon carbide), a novel material for power semiconductors, outperforms conventional Si (silicon) power semiconductors (IGBT) in high-speed switching performance and outperforms those used in high-temperature situations.

 

EV SILICON CARBIDE POWER MODULE MARKET SIZE AND FORECAST

 

infographic: EV Silicon Carbide Power Module Market, EV Silicon Carbide Power Module Market Size, EV Silicon Carbide Power Module Market Trends, EV Silicon Carbide Power Module Market Forecast, EV Silicon Carbide Power Module Market Risks, EV Silicon Carbide Power Module Market Report, EV Silicon Carbide Power Module Market Share

 

Global EV silicon carbide power module market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

EV SILICON CARBIDE POWER MODULE MARKETNEW 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.

 

Hyundai has decided to deploy the five new SiC-MOSFET based power modules in the E-GMP electric vehicle platform that is shared by the KIA EV6 and numerous other cars.The new modules are primarily made for automakers creating traction applications for electric vehicles.

 

The ST ACEPACK DRIVE package includes the modules, which are perfect for integrating into EV drives. Third-generation (Gen3) STPOWER SiC MOSFETs from ST, which combine (RDS(ON) x die area) with low switching energy and synchronous rectification, serve as the solution's primary power semiconductors.

 

When creating upcoming generations of EVs, leading vehicle OEMs are using ST silicon carbide technology to set the pace of electrification.

 

Traction inverters can go farther thanks to ST's SiC-MOSFET based power modules. By utilising ST's ongoing technological investment to position itself as the leading semiconductor actor in the electrification revolution, our two firms' collaboration has achieved a critical step towards more environmentally friendly electric vehicles.

 

Faster charging, improved vehicle dynamics, and more energy efficiency are all made possible by ST's STPOWER SiC devices, which are created as compact SiC devices that can tolerate greater operating voltages.

 

The modules use the thermally efficient and mechanically robust active metal brazed (AMB) substrate technology, installing a separate NTC for each substrate.

 

EV SILICON CARBIDE POWER MODULE MARKETCOMPANY PROFILE

EV SILICON CARBIDE POWER MODULE MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many EV silicon carbide power module are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global EV silicon carbide power module and key vendor selection criteria
  3. Where is the EV silicon carbide power module manufactured? What is the average margin per unit?
  4. Market share of Global EV silicon carbide power module market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global EV silicon carbide power module in-house
  6. key predictions for next 5 years in Global EV silicon carbide power module market
  7. Average B-2-B EV silicon carbide power module market price in all segments
  8. Latest trends in EV silicon carbide power module market, by every market segment
  9. The market size (both volume and value) of the EV silicon carbide power module market in 2024-2030 and every year in between?
  10. Production breakup of EV silicon carbide power module 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, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
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