Global SiC-Based Inverter Market 2024-2030
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Global SiC-Based Inverter Market 2024-2030

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

SIC-BASED INVERTER MARKET

 

INTRODUCTION

Power inverters of the Sic-based variety are built with silicon carbide (SiC) semiconductor components. In power electronics applications, Sic is a material that offers a number of benefits over conventional silicon (Si), including a greater breakdown voltage, a faster switching rate, and fewer switching losses.

 

Electric vehicles, solar, wind, and industrial motor drives are a few examples of the applications where SiC-based inverters are used. Compared to conventional Si-based inverters, they can operate at higher temperatures and with more efficiency, which reduces energy use and boosts system performance.

 

 Sic-based inverters are more expensive and are yet more recent than Si-based inverters. Nonetheless, SiC-based inverters are anticipated to become more commonly used and more reasonably priced in the upcoming years due to continual improvements in SiC technology and production.

 

SIC-BASED INVERTER MARKET SIZE AND FORECAST

 

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Global Sic-based inverter 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.

 

SIC-BASED INVERTER MARKET NEW PRODUCT LAUNCH

Marelli has created a brand-new, comprehensive platform of 800 V Silicon Carbide (Sic) inverters that guarantees advancements in terms of inverter size, weight, and efficiency—a crucial factor in electric car design.

 

Silicon Carbide is recognized as a technology of choice for power electronics due to its superior performance at high temperature and high voltage, enabling smaller, lighter, and more effective solutions, the business stated in a release.

 

It is therefore especially well suited for inverters, which transform DC (Direct Current) power from batteries into AC (Alternating Current) electric power utilized in electric car motors.

 

Due to creative structural and cooling channel designs that significantly lower the thermal resistance between the Sic components themselves and the cooling liquid, Marelli's new 800 Volt inverter platform also has an optimized thermal structure. In high power applications, when the power module's ability to reject heat is important, this is a key factor.

 

The new inverter platforms based on our 800 Volt Silicon Carbide power module technology allows to service applications where energy utilization is optimized, the performance is maximized and efficiency is greatly improved.

 

We are able to give our customers additional flexibility in terms of packaging, cooling system design, and energy storage thanks to a full spectrum of modular options.

 

THIS SIC-BASED INVERTER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

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