Driven by EV/HEV and consumer fast-charger applications, the power SiC and GaN markets are expected to feel the short-term impacts of the Covid-19 outbreak.
Since its 2018 adoption in Tesla’s main inverters, the SiC power business has grown rapidly and is expected to continue growing, driven by EV/HEV applications. However, following the Covid-19 global outbreak and subsequent lockdown in numerous regions during Q1 and Q2/2020, the EV/HEV market has faced tough supply chain disruptions and shutdowns on the OEM side. Specific to the SiC power business (and relative to our previously published forecast in March 2020), market expectations have been reduced for 2020 since the virus’s spread has gripped the world economy. What impact does Yole expect for the overall SiC market? When and how will the power SiC market recover its momentum?
Meanwhile, the GaN power market is thriving after its adoption in phone charger applications. Indeed, many OEMs such as Oppo, Vivo, Realme, and Meizu opted for a GaN-based inbox fast charger for their flagships released in early 2020. Also, other players such as Samsung, Huawei, Xiaomi, and more have chosen GaN for accessory chargers. Unfortunately, because of the Covid-19 outbreak, smartphone production is estimated to drop 20% in 2020, with the exact impact of the pandemic varying by region and player. Thus, we have adapted our forecast and database accordingly and compared it to our previous estimate. What will be the impact of the economic recession after Covid-19? Will the volume share of luxury phones decrease? Will a major OEM integrate the GaN fast charger in their inbox?
This Live Market Briefing will focus on Yole’s analysis of Covid-19’s impact on SiC and GaN adoption, mainly in automotive and consumer applications. We’ll also share our most likely market outlooks for these uncertain times. Discover more in our Live Market Briefing!
Compound Semiconductor Quarterly Market Monitor
Otherwise driven by EV/HEV and consumer fast charger applications, power SiC and GaN markets are expected to feel the short-term impacts of the Covid-19 outbreak.
Technology & Market Analyst, Compound Semiconductors & Emerging Materials, Yole Développement
Technology & Market Analyst, Compound Semiconductor Monitors, Yole Développement
With a strong focus on emerging applications using silicon and/or micro manufacturing since 1998, Yole Développement has expanded to include more than 80 collaborators worldwide covering Photonics – Lighting – Imaging – Sensing & Actuating – Display – RF Devices & Technologies – Compound Semiconductors & Emerging Materials – Power Electronics – Batteries & Energy Management – Semiconductor Packaging and Substrates – Semiconductor Manufacturing – Memory – Computing and Software.
The market research, technology and strategy consulting company Yole Développement, along with its partners System Plus Consulting, Blumorpho and PISEO – all part of the Yole Group of Companies-, support industrial companies, investors and R&D organizations worldwide to follow technology trends to grow their business and help them understand the 6 specific markets.