SiC power industry: ready for take-off?

The adoption of SiC power devices is now undeniable. The power electronics industry has no more questions about it. Today, questionings are more related to the companies and the playground: how and when they will make it… 

Based on discussions with leading SiC players, Yole Group of Companies including Yole Développement (Yole), System Plus Consulting and Knowmade, sees a prospering SiC power device market. The 3 companies are working together to get a comprehensive understanding of the SiC technologies, their evolution, the market segments and competitive landscape. They collaborate to share their vision of the industry and propose high-added value analyses…

“The SiC power semiconductor market’s value will approach US$2 billion by 2024”, announces Hong Lin, PhD. Principal Analyst, Compound Semiconductor at Yole. “This market is showing an impressive 29% CAGR between 2018 and 2024. And, we announced last year, the automotive market is undoubtedly the foremost driver, with around 50% of total device market share in 2024.”

“Technical panorama of SiC Transistors devices is still varying. Concerning die design on the market we still can find different solution such as JFET and MOSFET and among the latest, trench and planar structures,” explains Amine Allouche, Costing Analyst at System Plus Consulting.“In recent years we have seen major players such as GE, Toyota Motor and Rohm accelerating their IP activity in the field of SiC power devices,” reveals Rémi Comyn, Technology & Patent Analyst from Knowmade. Knowmade’s report also points out the presence of new IP players… More info.