Computing power is all set to witness explosion in the near future. With updated cloud infrastructure, several organizations are re-platforming themselves to cloud. With 5G already doing the rounds, 6G is in the offing. Also, there are smarter devices like intelligent robots for completing the tasks faster. The Sic Diodes market is bound to witness adoption of this future technology in the upcoming period.
Persistence Market Research has published a market research report “SIC Diodes Market – Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” The growing demand for high-power semiconductors and growth in the need for electric and hybrid vehicles are among the key factors driving the SIC Diodes market.
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Demand for autonomous and hybrid vehicles is rapidly increasing, and the demand for fuel-efficient power transform electronics for the automobile industry is becoming crucial. Electronic devices can be used efficiently and efficiently at high temperatures. Owing to these factors, silicon carbide technology is beginning to gain traction to increase the supply of electric vehicles and hybrid electric vehicles for power electronics.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Infineon Technologies, STMicroelectronics N.V., Microchip Technology Inc., Cree, Inc., ON Semiconductor Corporation, ROHM Semiconductor, Littelfuse Inc., WeEn Semiconductors, CALY Technologies, and United Silicon Carbide Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the SIC Diodes.
Applicability Extending Beyond Automotive & Aerospace
The demand for SIC Diodes is growing due to their high-temperature capabilities owing to the ample energy band gap between silicon carbide and gallium arsenide or pure silicon, which is one of the significant advantages of SIC Diodes. The wider band gap of silicon carbide material helps reduce intrinsic carrier absorption for high-temperature operations as well as helps reduce leakage currents. These characteristics of SIC Diodes are mainly used for higher frequency light detection, higher frequency switching, and high-temperature devices. Moreover, due to their high-temperature capabilities, the demand for silicon carbide diodes is increasing rapidly in various application areas such as data centers, aerospace, and automotive.
Increasing demand for high-power semiconductors due to the revolution in electronic equipment has covered the power supply and automation industries, as well as opened up various possibilities for controlling how electrical energy is transmitted and used. Improvements in power electronic devices were primarily based on the procedures and technology developed mainly for low-power applications and then adjusted & configured to allow components to handle high voltages and currents to meet the specifications of higher energy ratings. These advancements in power semiconductors have led to significant improvements in power electronics applications in terms of power handling capability and control. Due to these factors, the demand for silicon carbide materials and devices is increasing rapidly.
East Asia’s Market Continues to Represent Prominent Position, Globally
The global SIC Diodes market is expected to mark a total incremental opportunity of US$ 467.2 Mn during the forecast period of 2018 to 2028. In the global SIC Diodes market research report, PMR has segmented the global SIC Diodes market by forward current, reverse voltage, application, and region. The forward current segment is further segmented into 2 to 5 A, 6 to 10 A, 11 to 20 A, 21 to 40 A, and above 40 A. The reverse voltage segment is further segmented into 600V/650 V, 1200 V, 1700 V, and 3300 V. Moreover, the application of SIC Diodes include automotive, medical imaging, communication, data centers, defense, photovoltaic solutions, and others.
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Based on region
East Asia is among the more significant markets in the global SIC Diodes market owing to the existence of various key players. Moreover, the adoption of SIC Diodes in the medical imaging, communication, and automobile industries are also among factors driving the SIC Diodes market. The SIC Diodes markets in South Asia are likely to witness growth with a high CAGR during the forecast period due to the growing penetration of advanced communication systems and the growing demand for high-power semiconductors in some countries of this region. Furthermore, a constant increase in the total number of companies that provide SIC Diodes in South and East Asian countries is expected to positively impact the growth of the SIC Diodes market during the forecast period.
Major Highlights of the SIC Diodes Market Report:
- The SIC Diodes Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the SIC Diodes Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
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