GaN and SiC Power Semiconductor Market Insights, Global Outlook and Forecast 2022-2028
Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!
A semiconductor is a substance, usually a solid chemical element or compound, that can conduct electricity under some conditions but not others, making it a good medium for the control of electrical current.
The latest research study released by Market IntelliX evaluates market size and forecasts of GaN and SiC Power Semiconductor in global, including the following market information:
Global GaN and SiC Power Semiconductor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global GaN and SiC Power Semiconductor Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five GaN and SiC Power Semiconductor companies in 2021 (%)
The global GaN and SiC Power Semiconductor market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
SiC Power Module Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of GaN and SiC Power Semiconductor include Mitsubishi Electric Corporation, Infineon Technologies AG, ROHM Semiconductor and NXP Semiconductors, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the GaN and SiC Power Semiconductor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global GaN and SiC Power Semiconductor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global GaN and SiC Power Semiconductor Market Segment Percentages, by Type, 2021 (%)
SiC Power Module
GaN Power Module
Discrete SiC
Discrete GaN
Global GaN and SiC Power Semiconductor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global GaN and SiC Power Semiconductor Market Segment Percentages, by Application, 2021 (%)
Power supplies
Industrial motor drives
PV inverters
Traction
Global GaN and SiC Power Semiconductor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global GaN and SiC Power Semiconductor Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies GaN and SiC Power Semiconductor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies GaN and SiC Power Semiconductor revenues share in global market, 2021 (%)
Key companies GaN and SiC Power Semiconductor sales in global market, 2017-2022 (Estimated), (K Units)
Key companies GaN and SiC Power Semiconductor sales share in global market, 2021 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Mitsubishi Electric Corporation
Infineon Technologies AG
ROHM Semiconductor
NXP Semiconductors
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 GaN and SiC Power Semiconductor Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global GaN and SiC Power Semiconductor Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global GaN and SiC Power Semiconductor Overall Market Size
2.1 Global GaN and SiC Power Semiconductor Market Size: 2021 VS 2028
2.2 Global GaN and SiC Power Semiconductor Revenue, Prospects & Forecasts: 2017-2028
2.3 Global GaN and SiC Power Semiconductor Sales: 2017-2028
3 Company Landscape
3.1 Top GaN and SiC Power Semiconductor Players in Global Market
3.2 Top Global GaN and SiC Power Semiconductor Companies Ranked by Revenue
3.3 Global GaN and SiC Power Semiconductor Revenue by Companies
3.4 Global GaN and SiC Power Semiconductor Sales by Companies
3.5 Global GaN and SiC Power Semiconductor Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 GaN and SiC Power Semiconductor Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers GaN and SiC Power Semiconductor Product Type
3.8 Tier 1, Tier 2 and Tier 3 GaN and SiC Power Semiconductor Players in Global Market
3.8.1 List of Global Tier 1 GaN and SiC Power Semiconductor Companies
3.8.2 List of Global Tier 2 and Tier 3 GaN and SiC Power Semiconductor Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global GaN and SiC Power Semiconductor Market Size Markets, 2021 & 2028
4.1.2 SiC Power Module
4.1.3 GaN Power Module
4.1.4 Discrete SiC
4.1.5 Discrete GaN
4.2 By Type - Global GaN and SiC Power Semiconductor Revenue & Forecasts
4.2.1 By Type - Global GaN and SiC Power Semiconductor Revenue, 2017-2022
4.2.2 By Type - Global GaN and SiC Power Semiconductor Revenue, 2023-2028
4.2.3 By Type - Global GaN and SiC Power Semiconductor Revenue Market Share, 2017-2028
4.3 By Type - Global GaN and SiC Power Semiconductor Sales & Forecasts
4.3.1 By Type - Global GaN and SiC Power Semiconductor Sales, 2017-2022
4.3.2 By Type - Global GaN and SiC Power Semiconductor Sales, 2023-2028
4.3.3 By Type - Global GaN and SiC Power Semiconductor Sales Market Share, 2017-2028
4.4 By Type - Global GaN and SiC Power Semiconductor Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global GaN and SiC Power Semiconductor Market Size, 2021 & 2028
5.1.2 Power supplies
5.1.3 Industrial motor drives
5.1.4 PV inverters
5.1.5 Traction
5.2 By Application - Global GaN and SiC Power Semiconductor Revenue & Forecasts
5.2.1 By Application - Global GaN and SiC Power Semiconductor Revenue, 2017-2022
5.2.2 By Application - Global GaN and SiC Power Semiconductor Revenue, 2023-2028
5.2.3 By Application - Global GaN and SiC Power Semiconductor Revenue Market Share, 2017-2028
5.3 By Application - Global GaN and SiC Power Semiconductor Sales & Forecasts
5.3.1 By Application - Global GaN and SiC Power Semiconductor Sales, 2017-2022
5.3.2 By Application - Global GaN and SiC Power Semiconductor Sales, 2023-2028
5.3.3 By Application - Global GaN and SiC Power Semiconductor Sales Market Share, 2017-2028
5.4 By Application - Global GaN and SiC Power Semiconductor Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global GaN and SiC Power Semiconductor Market Size, 2021 & 2028
6.2 By Region - Global GaN and SiC Power Semiconductor Revenue & Forecasts
6.2.1 By Region - Global GaN and SiC Power Semiconductor Revenue, 2017-2022
6.2.2 By Region - Global GaN and SiC Power Semiconductor Revenue, 2023-2028
6.2.3 By Region - Global GaN and SiC Power Semiconductor Revenue Market Share, 2017-2028
6.3 By Region - Global GaN and SiC Power Semiconductor Sales & Forecasts
6.3.1 By Region - Global GaN and SiC Power Semiconductor Sales, 2017-2022
6.3.2 By Region - Global GaN and SiC Power Semiconductor Sales, 2023-2028
6.3.3 By Region - Global GaN and SiC Power Semiconductor Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America GaN and SiC Power Semiconductor Revenue, 2017-2028
6.4.2 By Country - North America GaN and SiC Power Semiconductor Sales, 2017-2028
6.4.3 US GaN and SiC Power Semiconductor Market Size, 2017-2028
6.4.4 Canada GaN and SiC Power Semiconductor Market Size, 2017-2028
6.4.5 Mexico GaN and SiC Power Semiconductor Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe GaN and SiC Power Semiconductor Revenue, 2017-2028
6.5.2 By Country - Europe GaN and SiC Power Semiconductor Sales, 2017-2028
6.5.3 Germany GaN and SiC Power Semiconductor Market Size, 2017-2028
6.5.4 France GaN and SiC Power Semiconductor Market Size, 2017-2028
6.5.5 U.K. GaN and SiC Power Semiconductor Market Size, 2017-2028
6.5.6 Italy GaN and SiC Power Semiconductor Market Size, 2017-2028
6.5.7 Russia GaN and SiC Power Semiconductor Market Size, 2017-2028
6.5.8 Nordic Countries GaN and SiC Power Semiconductor Market Size, 2017-2028
6.5.9 Benelux GaN and SiC Power Semiconductor Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia GaN and SiC Power Semiconductor Revenue, 2017-2028
6.6.2 By Region - Asia GaN and SiC Power Semiconductor Sales, 2017-2028
6.6.3 China GaN and SiC Power Semiconductor Market Size, 2017-2028
6.6.4 Japan GaN and SiC Power Semiconductor Market Size, 2017-2028
6.6.5 South Korea GaN and SiC Power Semiconductor Market Size, 2017-2028
6.6.6 Southeast Asia GaN and SiC Power Semiconductor Market Size, 2017-2028
6.6.7 India GaN and SiC Power Semiconductor Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America GaN and SiC Power Semiconductor Revenue, 2017-2028
6.7.2 By Country - South America GaN and SiC Power Semiconductor Sales, 2017-2028
6.7.3 Brazil GaN and SiC Power Semiconductor Market Size, 2017-2028
6.7.4 Argentina GaN and SiC Power Semiconductor Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa GaN and SiC Power Semiconductor Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa GaN and SiC Power Semiconductor Sales, 2017-2028
6.8.3 Turkey GaN and SiC Power Semiconductor Market Size, 2017-2028
6.8.4 Israel GaN and SiC Power Semiconductor Market Size, 2017-2028
6.8.5 Saudi Arabia GaN and SiC Power Semiconductor Market Size, 2017-2028
6.8.6 UAE GaN and SiC Power Semiconductor Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Mitsubishi Electric Corporation
7.1.1 Mitsubishi Electric Corporation Corporate Summary
7.1.2 Mitsubishi Electric Corporation Business Overview
7.1.3 Mitsubishi Electric Corporation GaN and SiC Power Semiconductor Major Product Offerings
7.1.4 Mitsubishi Electric Corporation GaN and SiC Power Semiconductor Sales and Revenue in Global (2017-2022)
7.1.5 Mitsubishi Electric Corporation Key News
7.2 Infineon Technologies AG
7.2.1 Infineon Technologies AG Corporate Summary
7.2.2 Infineon Technologies AG Business Overview
7.2.3 Infineon Technologies AG GaN and SiC Power Semiconductor Major Product Offerings
7.2.4 Infineon Technologies AG GaN and SiC Power Semiconductor Sales and Revenue in Global (2017-2022)
7.2.5 Infineon Technologies AG Key News
7.3 ROHM Semiconductor
7.3.1 ROHM Semiconductor Corporate Summary
7.3.2 ROHM Semiconductor Business Overview
7.3.3 ROHM Semiconductor GaN and SiC Power Semiconductor Major Product Offerings
7.3.4 ROHM Semiconductor GaN and SiC Power Semiconductor Sales and Revenue in Global (2017-2022)
7.3.5 ROHM Semiconductor Key News
7.4 NXP Semiconductors
7.4.1 NXP Semiconductors Corporate Summary
7.4.2 NXP Semiconductors Business Overview
7.4.3 NXP Semiconductors GaN and SiC Power Semiconductor Major Product Offerings
7.4.4 NXP Semiconductors GaN and SiC Power Semiconductor Sales and Revenue in Global (2017-2022)
7.4.5 NXP Semiconductors Key News
8 Global GaN and SiC Power Semiconductor Production Capacity, Analysis
8.1 Global GaN and SiC Power Semiconductor Production Capacity, 2017-2028
8.2 GaN and SiC Power Semiconductor Production Capacity of Key Manufacturers in Global Market
8.3 Global GaN and SiC Power Semiconductor Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 GaN and SiC Power Semiconductor Supply Chain Analysis
10.1 GaN and SiC Power Semiconductor Industry Value Chain
10.2 GaN and SiC Power Semiconductor Upstream Market
10.3 GaN and SiC Power Semiconductor Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 GaN and SiC Power Semiconductor Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
GaN and SiC Power Semiconductor Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|