The global GaN and SiC power semiconductor market is estimated to exhibit a CAGR of over 25% during the forecast period. In power electronics, Si-based power devices have proven to be efficient in a wide range of applications. However, for higher power and higher frequency applications, more power is required, thus technologically advanced SiC along with GaN power devices are being introduced as an alternative of Si-based power devices for high power and high-efficiency applications. These SiC and GaN possess numerous benefits including high-operating electric field, high-switching frequency, high-breakdown voltage, high operating temperature, and low losses.



Get Free Sample Copy @
https://www.omrglobal.com/request-sample/gan-and-sic-power-semiconductor-market



The factors that drive the growth of the market include the rapid technological advancements and growth in the semiconductor industry. As these devices are widely utilized in power applications for charging infrastructure, rail traction, and renewable power, among others, the adoption of these devices provide growth opportunities to the market. Moreover, the rise in the need for power efficiency in industrial applications along with automotive electronics is further fuelling the adoption of semiconductor materials & technologies, hence contributing to the growth of the GaN and SiC Power semiconductor market. However, higher costs, high defect density, limited wafer size, and shortage are some of the factors that act as a challenge in the market.



Browse for Full Report at:
https://www.omrglobal.com/industry-reports/gan-and-sic-power-semiconductor-market



Market Segmentation

Global GaN and SiC Power Semiconductor Market by Product
SiC Power Module
GaN Power Module
Discrete SiC
Discrete GaN

Global GaN and SiC Power Semiconductor Market by Application
Power Supplies
Industrial Motor Drives
Electric Vehicles
PV Inverters
Others


Regional Analysis

North America
United States
Canada

Europe
UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific
China
India
Japan
Rest of Asia-Pacific

Rest of the World



Company Profiles
AGC Group
Alpha and Omega Semiconductor
Daco Semiconductor Co. Ltd.
Epiluvac AB
Fuji Electric Co. Ltd.
GeneSiC Semiconductor Inc.
Global Power Technologies Group, Inc.
Infineon Technologies AG
IQE PLC
Littelfuse Inc.
Microsemi Corp.
Mitsubishi Electric Corp.
NXP Semiconductors N.V
Renesas Electronics Corp.
ROHM Co. Ltd.
Saint-Gobain Group
Sanken Electric Co. Ltd.
STMicroelectronics N.V.
Sublime Technologies
SweGaN AB
Transphorm Inc.
WeEn Semiconductors Co. Ltd.
Wolfspeed, a Cree Company


Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.



For More Customized Data, Request for Report Customization @
https://www.omrglobal.com/report-customization/gan-and-sic-power-semiconductor-market



About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.



Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 780-304-0404