What is SiC Inverter?
SiC inverter for 800V systems employs a scalable power switch, allowing it to be optimized for a wide range of customer applications at various power levels. The SiC design is based on BorgWarner's proven cooling technology, which allows for a smaller semiconductor area for cost-effectiveness. Furthermore, the system provides increased durability and improved packaging due to its compact, patented power switch that is cooled on both sides and does not use wire bonds. SiC transistors have taken the place of silicon IGBTs in the modular power switch. BorgWarner's new SiC inverter has reduced power losses by 40% to 70% when compared to silicon-based inverters, depending on the drive cycle, because SiC has higher switching efficiency and fewer conduction losses. With its higher power density and efficiency, the inverter enables OEMs to design 800V high-power propulsion systems with enhanced driving performance, longer battery electric ranges, and faster charging times. These improvements may eventually help to broaden consumer acceptance of electric mobility.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | McLaren Applied (United Kingdom), SEMIKRON (Germany), Fuji Electric (Japan), Texas Instruments (United States), Toshiba (Japan), Infineon (Germany), Onsemi (United States), ABB Group (Switzerland), Maxim Integrated (United States) and Renesas Electronics (Japan) |
The study covers a detailed analysis segmented by key business segments i.e. by type (80-250kW, 400V and 800V) , by application (Automobile Industry, IT & Telecommunication, Aerospace, Defense and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global SiC Inverter market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this SiC Inverter market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are McLaren Applied (United Kingdom), SEMIKRON (Germany), Fuji Electric (Japan), Texas Instruments (United States), Toshiba (Japan), Infineon (Germany), Onsemi (United States), ABB Group (Switzerland), Maxim Integrated (United States) and Renesas Electronics (Japan).
Market Overview:
On 11th December 2021, Qorvo has acquired United Silicon Carbide (UnitedSiC), a manufacturer of silicon carbide (SiC) power semiconductors based in Princeton, New Jersey. Qorvo's acquisition of United Silicon Carbide broadens its presence in the rapidly growing markets of electric vehicles (EVs), industrial power controls, renewable energy, and data center power systems.
IGBTs and power diodes used in HEV inverter systems are mature and reliable components, but they have energy loss limitations. SiC, on the other hand, has the potential to provide an additional efficiency boost for the HEV drive system. Commercial SiC MOSFET performance has improved significantly in recent years. However, concerns about reliability and high prices continue to limit their overall competitiveness against silicon. Ford Motor Company has collaborated with semiconductor companies to test SiC products for automotive applications. In this study, Wolfspeed 900V SiC MOSFET modules are tested and compared to an 800V silicon IGBT module with comparable power handling capability. During light-load conditions, SiC devices were found to have lower power losses.
The recent SiC Inverter market research report offers a comprehensive analysis of this industry vertical, highlighting all of the factors that will boost or hinder revenue inflows in the coming years. Furthermore, it sheds light on market segmentation and identifies key growth opportunities, followed by an in-depth examination of the competitive landscape. The global market is highly competitive, with only a few providers competing against one another. Intense competition, shifting consumer spending patterns, demographic trends, and frequent shifts in consumer preferences all present significant opportunities for market growth.
SiC Inverter Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increased Application of SiC Inverter Technology
- High Benefits of SiC Inverter Technology
- Increased Use of Industrial Gases in Silicon Material Market
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Major Trends | - Rising Use in Construction Industry and Energy Sector
- Technological Advancements in the Market
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Restraints | - Rise in Price of Raw Materials
- Technical Complexities Associated with Technology
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Road Blocks / Challenges | - Lack of Skilled Professionals
- Errors In SiC Inverter
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Gaps & Opportunities | - Growth in the Consumer Electronics Industry
- Favorable Government Law in Some Countries
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Key highlights of the Global SiC Inverter market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the SiC Inverter market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global SiC Inverter market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of SiC Inverter Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global SiC Inverter market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in SiC Inverter market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants and Investors, Analysts and Strategic Business Planners, Manufacturers of SiC Inverter, Distributors and Suppliers of SiC Inverter, Raw Material Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.