The Europe Silicon Carbide Semiconductor Devices Market would witness market growth of 20.0% CAGR during the forecast period (2022-2028).
Silicon is said to have reached its limits when it comes to functioning at greater temperatures, voltages, and frequencies. Devices made of silicon carbide offer higher frequency, voltage, and temperature thresholds than silicon-based ones. The advancements in materials like gallium nitride (GaN) and silicon carbide (SiC) have drawn more attention.
Many types of converters, inverters, power supplies, battery chargers, and motor control systems use SiC semiconductor devices. Silicon carbide semiconductor devices are highly adapted to meet the rising need for electrification and sustainability because of their material characteristics.
Due to its material characteristics, SiC has been suggested as a silicon alternative, and these benefits promote its use in power electronics. Electric vehicles (EVs) battery chargers, DC-DC converters, on-board chargers, hybrid EV powertrains, wind turbines, photovoltaic inverters, MRI & X-ray power supplies, air conditioning, integrated vehicle systems, and auxiliary power suppliers are some significant applications of SiC semiconductors.
Europe, which includes numerous nations that excel in the automobile sector, is one of the world's top producers of automobiles. Moreover, the automobile industry is one of the region's most significant industries, particularly in Italy. According to the International Trade Government, Italy's industrial turnover in 2019 was $119 billion, or around €106 billion, or 6.2% of Italy's GDP. However, the industry is changing due to the transition from thermal engines to electromobility (hybrid and electric), which may present opportunities for car parts manufacturers, charging infrastructure, and diagnostic tools. As a result of the region's robust automotive industry, there would be an increase in EV production, which would also drive the growth of silicon carbide semiconductor devices.
The Germany market dominated the Europe Silicon Carbide Semiconductor Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $330.2 Million by 2028.The UK market is anticipated to grow at a CAGR of 19.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 20.9% during (2022 - 2028).
Based on Product, the market is segmented into Power Semiconductors, Optoelectronic Devices and Frequency Devices. Based on End Use, the market is segmented into Automotive, Energy & Power, Aerospace & Defense, Medical Devices, Data & Communication Devices, Consumer Electronics and Others. Based on Wafer Size, the market is segmented into 1 inch to 4 inches, 6 inches, 8 inches and 10 inches & above. Based on Component, the market is segmented into Power Modules, FET/MOSFET Transistors, Schottky Diodes, Integrated Circuits, Rectifiers/Diodes and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.), Infineon Technologies AG, ROHM Co., Ltd., STMicroelectronics N.V., ON Semiconductor Corporation, FUJI ELECTRIC CO., LTD., TT Electronics plc., Mitsubishi Electric Corporation, Toshiba Corporation, and Wolfspeed, Inc.
Silicon is said to have reached its limits when it comes to functioning at greater temperatures, voltages, and frequencies. Devices made of silicon carbide offer higher frequency, voltage, and temperature thresholds than silicon-based ones. The advancements in materials like gallium nitride (GaN) and silicon carbide (SiC) have drawn more attention.
Many types of converters, inverters, power supplies, battery chargers, and motor control systems use SiC semiconductor devices. Silicon carbide semiconductor devices are highly adapted to meet the rising need for electrification and sustainability because of their material characteristics.
Due to its material characteristics, SiC has been suggested as a silicon alternative, and these benefits promote its use in power electronics. Electric vehicles (EVs) battery chargers, DC-DC converters, on-board chargers, hybrid EV powertrains, wind turbines, photovoltaic inverters, MRI & X-ray power supplies, air conditioning, integrated vehicle systems, and auxiliary power suppliers are some significant applications of SiC semiconductors.
Europe, which includes numerous nations that excel in the automobile sector, is one of the world's top producers of automobiles. Moreover, the automobile industry is one of the region's most significant industries, particularly in Italy. According to the International Trade Government, Italy's industrial turnover in 2019 was $119 billion, or around €106 billion, or 6.2% of Italy's GDP. However, the industry is changing due to the transition from thermal engines to electromobility (hybrid and electric), which may present opportunities for car parts manufacturers, charging infrastructure, and diagnostic tools. As a result of the region's robust automotive industry, there would be an increase in EV production, which would also drive the growth of silicon carbide semiconductor devices.
The Germany market dominated the Europe Silicon Carbide Semiconductor Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $330.2 Million by 2028.The UK market is anticipated to grow at a CAGR of 19.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 20.9% during (2022 - 2028).
Based on Product, the market is segmented into Power Semiconductors, Optoelectronic Devices and Frequency Devices. Based on End Use, the market is segmented into Automotive, Energy & Power, Aerospace & Defense, Medical Devices, Data & Communication Devices, Consumer Electronics and Others. Based on Wafer Size, the market is segmented into 1 inch to 4 inches, 6 inches, 8 inches and 10 inches & above. Based on Component, the market is segmented into Power Modules, FET/MOSFET Transistors, Schottky Diodes, Integrated Circuits, Rectifiers/Diodes and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.), Infineon Technologies AG, ROHM Co., Ltd., STMicroelectronics N.V., ON Semiconductor Corporation, FUJI ELECTRIC CO., LTD., TT Electronics plc., Mitsubishi Electric Corporation, Toshiba Corporation, and Wolfspeed, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Power Semiconductors
- Optoelectronic Devices
- Frequency Devices
By End Use
- Automotive
- Energy & Power
- Aerospace & Defense
- Medical Devices
- Data & Communication Devices
- Consumer Electronics
- Others
By Wafer Size
- 1 inch to 4 inches
- 6 inches
- 8 inches
- 10 inches & above
By Component
- Power Modules
- FET/MOSFET Transistors
- Schottky Diodes
- Integrated Circuits
- Rectifiers/Diodes
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.)
- Infineon Technologies AG
- ROHM Co., Ltd
- STMicroelectronics N.V
- ON Semiconductor Corporation
- FUJI ELECTRIC CO., LTD
- TT Electronics plc
- Mitsubishi Electric Corporation
- Toshiba Corporation
- Wolfspeed, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Silicon Carbide Semiconductor Devices Market, by Product
1.4.2 Europe Silicon Carbide Semiconductor Devices Market, by End Use
1.4.3 Europe Silicon Carbide Semiconductor Devices Market, by Wafer Size
1.4.4 Europe Silicon Carbide Semiconductor Devices Market, by Component
1.4.5 Europe Silicon Carbide Semiconductor Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2022, Jul - 2023, Jan) Leading Players
Chapter 4. Europe Silicon Carbide Semiconductor Devices Market by Product
4.1 Europe Power Semiconductors Market by Country
4.2 Europe Optoelectronic Devices Market by Country
4.3 Europe Frequency Devices Market by Country
Chapter 5. Europe Silicon Carbide Semiconductor Devices Market by End-use
5.1 Europe Automotive Market by Country
5.2 Europe Energy & Power Market by Country
5.3 Europe Aerospace & Defense Market by Country
5.4 Europe Medical Devices Market by Country
5.5 Europe Data & Communication Devices Market by Country
5.6 Europe Consumer Electronics Market by Country
5.7 Europe Others Market by Country
Chapter 6. Europe Silicon Carbide Semiconductor Devices Market by Wafer Size
6.1 Europe 1 inch to 4 inches Market by Country
6.2 Europe 6 inches Market by Country
6.3 Europe 8 inches Market by Country
6.4 Europe 10 inches & above Market by Country
Chapter 7. Europe Silicon Carbide Semiconductor Devices Market by Component
7.1 Europe Power Modules Market by Country
7.2 Europe FET/MOSFET Transistors Market by Country
7.3 Europe Schottky Diodes Market by Country
7.4 Europe Integrated Circuits Market by Country
7.5 Europe Rectifiers/Diodes Market by Country
7.6 Europe Others Market by Country
Chapter 8. Europe Silicon Carbide Semiconductor Devices Market by Country
8.1 Germany Silicon Carbide Semiconductor Devices Market
8.1.1 Germany Silicon Carbide Semiconductor Devices Market by Product
8.1.2 Germany Silicon Carbide Semiconductor Devices Market by End-use
8.1.3 Germany Silicon Carbide Semiconductor Devices Market by Wafer Size
8.1.4 Germany Silicon Carbide Semiconductor Devices Market by Component
8.2 UK Silicon Carbide Semiconductor Devices Market
8.2.1 UK Silicon Carbide Semiconductor Devices Market by Product
8.2.2 UK Silicon Carbide Semiconductor Devices Market by End-use
8.2.3 UK Silicon Carbide Semiconductor Devices Market by Wafer Size
8.2.4 UK Silicon Carbide Semiconductor Devices Market by Component
8.3 France Silicon Carbide Semiconductor Devices Market
8.3.1 France Silicon Carbide Semiconductor Devices Market by Product
8.3.2 France Silicon Carbide Semiconductor Devices Market by End-use
8.3.3 France Silicon Carbide Semiconductor Devices Market by Wafer Size
8.3.4 France Silicon Carbide Semiconductor Devices Market by Component
8.4 Russia Silicon Carbide Semiconductor Devices Market
8.4.1 Russia Silicon Carbide Semiconductor Devices Market by Product
8.4.2 Russia Silicon Carbide Semiconductor Devices Market by End-use
8.4.3 Russia Silicon Carbide Semiconductor Devices Market by Wafer Size
8.4.4 Russia Silicon Carbide Semiconductor Devices Market by Component
8.5 Spain Silicon Carbide Semiconductor Devices Market
8.5.1 Spain Silicon Carbide Semiconductor Devices Market by Product
8.5.2 Spain Silicon Carbide Semiconductor Devices Market by End-use
8.5.3 Spain Silicon Carbide Semiconductor Devices Market by Wafer Size
8.5.4 Spain Silicon Carbide Semiconductor Devices Market by Component
8.6 Italy Silicon Carbide Semiconductor Devices Market
8.6.1 Italy Silicon Carbide Semiconductor Devices Market by Product
8.6.2 Italy Silicon Carbide Semiconductor Devices Market by End-use
8.6.3 Italy Silicon Carbide Semiconductor Devices Market by Wafer Size
8.6.4 Italy Silicon Carbide Semiconductor Devices Market by Component
8.7 Rest of Europe Silicon Carbide Semiconductor Devices Market
8.7.1 Rest of Europe Silicon Carbide Semiconductor Devices Market by Product
8.7.2 Rest of Europe Silicon Carbide Semiconductor Devices Market by End-use
8.7.3 Rest of Europe Silicon Carbide Semiconductor Devices Market by Wafer Size
8.7.4 Rest of Europe Silicon Carbide Semiconductor Devices Market by Component
Chapter 9. Company Profiles
9.1 Toshiba Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research and Development Expense
9.1.5 SWOT Analysis
9.2 Infineon Technologies AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.3 Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.4 Wolfspeed, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Geographical Expansions:
9.5 Rohm Co., Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.6 TT Electronics PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional & Segmental Analysis
9.6.4 Research & Development Expenses
9.7 STMicroelectronics N.V.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.8 ON Semiconductor Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.5.2 Geographical Expansions:
9.9 Fuji Electric Co. Ltd.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.10. Mitsubishi Electric Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Acquisition and Mergers:
Companies Mentioned
- Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.)
- Infineon Technologies AG
- ROHM Co., Ltd.
- STMicroelectronics N.V.
- ON Semiconductor Corporation
- FUJI ELECTRIC CO., LTD.
- TT Electronics plc.
- Mitsubishi Electric Corporation
- Toshiba Corporation
- Wolfspeed, Inc.
Methodology
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