At Yole Group, we have been analyzing the silicon carbide (SiC) market since 2003 and the start of SiC diode production at Infineon Technologies
SiC power devices will soon represent 30% of the overall power device market – in the next 5 years. Without doubt, the SiC industry (from crystal to modules, including devices) has a very high growth rate. At Yole Groupo, we estimate that billions of $ are invested in both crystal and wafer manufacturing as well as device processing, with a market potential of $6 billion by 2027, up from around $1 billion in 2021.
The market’s growth is linked to the electrification of transportation. Industry players, including STMicroelectronics, Wolfspeed, Rohm, Infineon Technologies, onsemi, and multiple Chinese companies, have invested more than $15 billion since 2019.
Jean-Christophe Eloy
President & CEO, Yole Group
We expect much more will come as, in addition to Tesla, many other car makers have made the decision to have a SiC-based inverter in their long-range EV/HEV: Volkswagen, General Motors, Ford, Porsche, Renault… are all contributing to this trend, with new cars hitting the market later this year and next year.
We expect much more will come as, in addition to Tesla, many other car makers have made the decision to have a SiC-based inverter in their long-range EV/HEV: Volkswagen, General Motors, Ford, Porsche, Renault… are all contributing to this trend, with new cars hitting the market later this year and next year.
Follow the detailed coverage of the entire SiC industry, from crystal growth to wafers, epiwafers, and devices: Yole Group continuously follows the technologies & markets, reporting on them every quarter.
SiC and GaN: an industry driven by different engines
SiC in China: ‘Poster child of the decoupling era’
How long before China catches up with Western silicon carbide suppliers in wafer production and device manufacturing? – An article written by Junko Yoshida for Ojo & Yoshida Report.
Fueled by booming electric-vehicle demand and the long-term goal of semiconductor self-sufficiency, China is committed to developing power electronics based on silicon carbide (SiC). What is China’s plan for leapfrogging Western SiC suppliers?… HERE
ST joins SiC vertical integration race
An article by Junko Yoshida from The Ojo & Yoshida Report, in collaboration with Ezgi Dogmus and Poshun Chiu, from Yole Intelligence, part of Yole Group– Every SiC device supplier wants to control everything from SiC substrate to device manufacturing. Who’s doing what and where?… HERE
Power SiC ecosystem is reshaped by vertical integration
Infineon Technologies, onsemi, ROHM, STMicroelectronics, Wolfspeed… The clash of the Titans.The market research and strategy consulting company Yole Développement (Yole) and the reverse engineering & costing company System Plus Consulting have analyzed the compound semiconductor industry in-depth for some years now. Based on a dedicated methodology and high-added value expertise, both partners deliver their vision… HERE
Jean-Christophe Eloy President & CEO, Yole GroupWe expect much more will come as, in addition to Tesla, many other car makers have made the decision to have a SiC-based inverter in their long-range EV/HEV: Volkswagen, General Motors, Ford, Porsche, Renault… are all contributing to this trend, with new cars hitting the market later this year and next year.
