How big is the global silicon carbide power semiconductor market?

The global silicon carbide power semiconductor market size is estimated to have a value of USD 2.3 billion in 2025 and is expected to reach USD 13.7 billion by the end of 2034.

What is the size of the US silicon carbide power semiconductor market?

The US silicon carbide power semiconductor market is projected to be valued at USD 0.5 billion in 2025. It is expected to witness subsequent growth in the upcoming period as it holds USD 2.9 billion in 2034 at a CAGR of 20.4%.

Which region accounted for the largest global silicon carbide power semiconductor market?

Asia Pacific is expected to have the largest market share in the global silicon carbide power semiconductor market, with a share of about 37.0% in 2025.

Who are the key players in the global silicon carbide power semiconductor market?

Some of the major key players in the global silicon carbide power semiconductor market are Wolfspeed, STMicroelectronics, Infineon Technologies, ROHM Semiconductor, ON Semiconductor, Mitsubishi Electric, Fuji Electric, Renesas Electronics, Toshiba Corporation, Littelfuse, GeneSiC Semiconductor, Microchip Technology, Vishay Intertechnology, Semikron Danfoss, Texas Instruments, Global Power Technologies Group (GPTG), Power Integrations, Alpha & Omega Semiconductor, and Others.

What is the growth rate of the global silicon carbide power semiconductor market?

The market is growing at a CAGR of 21.8 percent over the forecasted period.

Silicon Carbide Power Semiconductor Market worth $13.7 Bn by 2034

Silicon Carbide Power Semiconductor Market

Silicon Carbide Power Semiconductor Market By Device Type (SiC MOSFETs, SiC Schottky Diodes, Other Devices), By Application Sector, By End-User - Global Industry Outlook, Key Companies (Wolfspeed, STMicroelectronics, Infineon Technologies, and Others), Trends and Forecast 2025-2034

Last Updated: August-2025

Report Code: RC-1770

Category: Electrical & Semiconductor

Pages: 431

Format: PDF / PPT / Excel

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Silicon Carbide Power Semiconductor Market

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