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Global Silicon Carbide (SiC) Semiconductor Materials & Devices Market is Expected to Reach $5.34 Billion by 2022 – New Report by MarketsandMarkets
  • USA - English


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MarketsandMarkets

Feb 22, 2014, 09:00 ET

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MarketsandMarkets
MarketsandMarkets

(PRWEB) February 22, 2014 -- The report “Silicon Carbide (SiC) Semiconductor Materials and Devices (Discretes & Chips) Market, Global Forecasts & Analysis (2012-2022)” defines and segments the global SiC Semiconductor market with analysis and forecasting of the revenues and volumes for the overall market and all its sub-segments.

Browse more than 200 market data tables & figures spread through 456 pages and in-depth TOC on “Silicon Carbide (SiC) Semiconductor Materials and Devices Market”.
http://www.marketsandmarkets.com/Market-Reports/silicon-carbide-electronics-market-439.html

The SiC semiconductor Materials market growing at a high CAGR of 37.67% from 2012 to 2022.

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Early buyers will receive 10% customization on this report.

Inquire Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=439

Silicon Carbide is an upcoming alternate material to pure silicon in the field of semiconductors & electronics. For many decades in the latter half of the twentieth century, silicon carbide was used in various other sectors, in several applications where advanced features of silicon carbide useful for semiconductors such as inherent radiation-resistance, high-temperature operating capacity, high voltage and power handling capacity, flexibility to be used a substrate, were discovered. Since then, extensive research studies took place to utilize silicon carbide for semiconductor devices and electronic systems. The first commercial use of SiC in semiconductor devices started at the turn of the century. Since then, SiC has penetrated into three major sub-segments of the semiconductor industry; namely the power semiconductors industry, the opto-semiconductor industry, and the high-temperature semiconductor industry.

The penetration of silicon carbide was the first in high-temperature semiconductors, followed by power semiconductors and opto-semiconductors. While the penetration growth rate is healthy and substantial in high temperature, the penetration rate in power semiconductors is explosive. One of the prime reasons for this is the growing application areas in the high-voltage (>1 kV) ranges, where SiC offers unique unbeatable efficiency over pure silicon. In the power semiconductors, several transistors and diodes came into the market since 2003, with enormous growth in the volume of power discretes (MOSFETs, IGBTs, Diodes & Rectifiers, Thyristors and other transistors) boosting the total revenue of the SiC power semiconductors market.

Over the past few years, several research & developments activities took place to develop SiC-based discretes and ICs that have advanced and sophisticated characteristics and offer better flexibility for use in several power and high-temperature applications. The SiC semiconductor devices market is expected to grow robustly at a high CAGR of 37.67% from 2012 to 2022. The SiC market’s competitive landscape had only a handful of players in the beginning of the previous decade, but it quickly emerged into a vast network with more than forty key players combining both materials & devices. Currently, the overall SiC power semiconductors market accounts for less than 1% of the total power semiconductors market, but over the next ten years, the entire base of power semiconductors & electronics players is expected to penetrate this new value chain, thereby rapidly increasing the percentage share. The global SiC semiconductor devices’ market revenue stood is estimated to be roughly $218 million in 2012 and forecasted to reach $5.34 billion by end of 2022.

In the case of SiC power semiconductor market, the phenomenal growth rate of approximately 35% to 50% Y-o-Y is expected to continue for the following years and the forecasted revenue for SiC power semiconductors is more than $4 billion by end of 2022 at a CAGR of 45.65%, penetrating substantially into the global power semiconductors market, occupying a share of 13% by volume in 2022. Initially, the SiC opto-semiconductors market revenue was higher than that of the power semiconductors, but in 2011, the situation reversed. The SiC opto-semiconductors market is expected to grow at a CAGR of 25.46% and cross $600 million by 2022.

Primary reason for the relatively lesser CAGR of SiC opto-semiconductors is the shift of industry preference to sapphire and silicon as substrates over SiC, mainly due to the trend of using GaN in the epitaxy layer for the rising demand in the new devices segment, high brightness & ultra-high brightness LEDs.

The SiC opto-semiconductors market and high temperature semiconductor markets are currently niche segments, but expected to grow at healthy CAGRs. Important players who are among the top 10 in the overall SiC semiconductor market, as they have also deeply established bases in the SiC opto & high temperature semiconductor market segments. The SiC high-temperature semiconductors market is expected to have an excellent growth, but not as fast as power semiconductors, primary reason being that it is a niche area, with lesser focus on industry players and fewer number of industry players. The other reasons are cost concerns, relatively lesser demand, narrow application areas, and so on. The SiC high-temperature semiconductors market is expected to grow at a CAGR of 21.87% from 2012 to 2022, crossing $350 million by 2022.

In features aspects, the silicon carbide devices are much smaller, lighter, and more efficient than silicon semiconductor devices that were used before. Continuous developments are going on in the fabrication of silicon carbide semiconductor devices such as power MOSFETs, power JFETs, power thyristors, power Schottky diodes, and the other similar discretes. The silicon carbide semiconductor devices possess potential to operate at high temperatures, power levels, and voltages. The number of applications is increasing day by day in various industries that include telecommunication, automotive, industrial, power electronics, solar & wind and even lighting.

This research study on this market and industry gives a detailed overview of the global SiC semiconductor devices market in the present scenario, and discusses the history, evolution, market by technology (by polymer types and by substrate & epitaxy materials), market by products and devices, market by application segments and by geography in the report by MarketsandMarkets, Inc.

This report published on this research study mainly focuses on three major aspects - Market Overview (landscape), Market Analysis (dynamics) and Market Classification (segmentation). Extensive and detailed classification of the SiC semiconductor devices market is done in this report by technology, polymer types, materials, products, devices, application and geography. Each classification done for the global SiC semiconductor devices market has market estimates and forecasts till 2022 for each sub-market in terms of both revenues and volumes. The major SiC semiconductor product segments – namely, the power semiconductors, opto semiconductors and high temperature semiconductors are analyzed in great detail throughout the report in every type of classification.

Since the report mainly covers the SiC Semiconductor market whose parent market is the global semiconductor market, the reports also includes various aspects related to the overall semiconductor industry in several instances throughout the report in various chapters. A comparison of various aspects, of each market segment with its parent market (for example, SiC power semiconductors with overall power semiconductors) is done at every possible level to give an idea about the total addressable markets for each market segment and the market penetration rates. All the numbers at every level of detail are forecasted till 2022 to give a glimpse of the potential revenue base in the SiC industry and market.

The report also analyzes the entire SiC semiconductor industry’s value chain, and gives an overview of the major industry segments. It discusses the dynamics of various industry segments such as Raw Material, EDA & Design Tool, Wafer & Wafer Equipment, Foundry, Fab and IDMs, along with focus on the industry life cycle. The complete supply chain of the industry has been discussed in great detail, emphasizing on both – the upstream and downstream chains. Lastly, a complete competitive landscape of the current market is illustrated along with company profiles and in-depth market share analysis (with rankings) of the key players. The competitive information in this report includes market shares of leading producers, key developments, core strategies, M&A, new product developments, collaborations and JVs of key manufacturers.

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http://www.marketsandmarkets.com/pdfdownload.asp?id=439

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About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website.

Contact:
Mr. Rohan
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17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales (at) marketsandmarkets (dot) com
Visit MarketsandMarkets Blog at http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors.
Connect With Us On LinkedIn at http://www.linkedin.com/company/marketsandmarkets

Mr. Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]

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