Article written by Ralf Higgelke, Elektroniknet.de – The SiC power market is now on the road, assert the market researchers from Yole Développement. Their forecast for the value of the SiC power semiconductor market is about $1.4 billion by 2023 with a CAGR of 29% between 2017 and 2023, mainly driven by automotive. But is the supply chain ready?
The market research and strategy consulting company Yole Développement has published its Power SiC 2018: Materials, Devices and Applications report. In this paper the analysts present their understanding of SiC penetration in different applications as well as the state-of-the-art SiC-based devices, modules, and power stacks. Yole’s analysts also describe the SiC power industrial landscape from materials to systems, and analyze of SiC power market dynamics. This report proposes a detailed quantification of the SiC power device market until 2023, in value and volume.
Their main finding is that SiC adoption is accelerating. The market is still being driven by diodes used in PFC and PV applications. However, Yole expects that in five years from now the main SiC device market driver will be transistors, with an impressive 50 % CAGR for 2017 to 2023… Full article