Global EV Wide Band Gap Semiconductors Market 2024-2030
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Global EV Wide Band Gap Semiconductors Market 2024-2030

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

EV WIDE BAND GAP SEMICONDUCTORS MARKET

 

INTRODUCTION

The amount of kinetic energy that an electron gains as it is propelled in an electric field created by a one-volt potential difference is known as an electron volt.

 

Wide-bandgap semiconductors, commonly referred to as WBG semiconductors or WBGSs, are types of semiconductors with a wider band gap than traditional semiconductors.

 

A band gap is the amount of energy needed for electrons and holes to move from the valence band to the conduction band. The band gap of Si (Silicon) is 1.12 electron volts. Wide-band-gap semiconductors are defined as having a big value.

 

EV WIDE BAND GAP SEMICONDUCTORS MARKET SIZE AND FORECAST

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The Global EV Wide band gap semiconductors market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

EV WIDE BAND GAP SEMICONDUCTORS MARKET NEW PRODUCT LAUNCH

Wide Bandgap Technology Enhances Performance of Electric-Drive Vehicles. Silicon-based traction drive inverters for EDV applications need two separate radiators and thermal management systems for the internal combustion engine (ICE) and the electric-drive components.

 

One barrier to widespread consumer acceptance of hybrid electric and plug-in hybrid electric cars in a competitive market dominated by ICE vehicles is the increased weight, mass, complexity, expense, and lack of efficiency.

 

WBG-based components, which incorporate silicon carbide-based devices, can decrease the size of power electronics components and perhaps lower system or component costs while enhancing performance and reliability, giving EDVs a competitive edge in the market.

 

Researchers at NREL are analysing the thermal performance and dependability of these new WBG-based packaging solutions, which may function more effectively and dependably at higher temperatures than the silicon-based components used today.

 

The world's first commercial high-temperature (140° C ambient), high-power density automobile traction drive inverter was created as a result of continuous research and development at NREL into thermal management solutions for WBG power electronics systems.

 

On this project, NREL worked in partnership with Toyota, Wolfspeed, the National Centre for Reliable Electric Power Transmission at the University of Arkansas, and the DOE's Vehicle Technologies Office, contributing knowledge for the thermal management, thermomechanical, and reliability aspects of the inverter development.

 

Industry is currently utilising this R&D 100 Award-winning technology in parts like Wolfspeed's High-Temperature, Wide Bandgap Underhood Inverter for EDVs.

 

Comparing the WBG inverter to the silicon-based inverter used in the EDVs now on the road, Wolfspeed and NREL's development has shown that the WBG inverter is a more compact, lighter, greater power density, and more effective system.

 

EV WIDE BAND GAP SEMICONDUCTORS MARKET COMPANY PROFILES

  • Avago Technologies
  • Navitas Semiconductor
  • Infineon Technologies AG
  • On Semiconductor
  • Nexperia
  • ROHM Semiconductor

 

EV WIDE BAND GAP SEMICONDUCTORS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

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