About Full SiC Modules
SiC module uses silicon carbide semiconductor as switches. It transforms the electrical power with the high conversion efficiency. Silicon carbide contains wide band gap and gives a very low switching losses. These factors increases the system performance at high voltage and also reduces the cost. In addition it has the ability to operate at higher temperature than the traditional ones. Hence, these benefits are fueling the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Europe Players will contribute the maximum growth to Global Full SiC Modules market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mitsubishi Electric (Japan), Infineon (Germany), Fuji Electric (Japan), Semikron (Germany), Hitachi (Japan), ON Semiconductor (United States), IXYS Corporation (United States), Powerex, Inc. (United States) and ROHM Co., Ltd. (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Full SiC Modules market by Type (Half Bridge, H-Bridge, Six Pack and Others.), Application (Industrial Drives, Consumer, Automotive, Renewable, Traction and Others) and Region.
On the basis of geography, the market of Full SiC Modules has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Usage of Sic Devices in Cellular Base Station
Market Growth Drivers:
Increasing usage of silicon carbide in various end use industries such as aerospace, medical and defense. High capability of the SiC to perform at high power and temperature and other features are encouraging the OEMs to adopt the devices.
Challenges:
Higher Accuracy required in the Component Manufacturing may hamper the Market
Restraints:
High Costs Associated with the Sic Devices
Opportunities:
Supporting Government Rules are affecting the Market Positively
Market Leaders and their expansionary development strategies
In May 2019, Mitsubishi has acquired the shares in ICONICS Inc. which is focused on SCADA, IoT, mobile analytics and cloud Software Company.
In September 2020, Mitsubishi Electric Corporation launched its of second-generation full-SiC (silicon carbide) power modules featuring a newly developed SiC chip for industrial use. The low power loss characteristics and high carrier frequency operation1 of the SiC-MOSFET (metal oxide semiconductor field-effect transistor) and SiC-SBD (schottky barrier diode) chips in the modules are expected to facilitate the development of more efficient, smaller and lighter weight power equipment in various industrial fields.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.