SiC SiC components in 2023 industry scale of 1.4 billion US dollars

Market research unit Yole Développement pointed out that the development of silicon carbide (SiC) power electronics industry has high potential, including ROHM, Bombardier, Cree, SDK, STMicroelectronics, Infineon Technologies, Littelfuse, Ascatron and other manufacturers have invested heavily. Yole predicts SiC power by 2023 The semiconductor market is expected to reach US$1.4 billion. The compound growth rate (CAGR) will be 28% between 2016 and 2023. The CAGR will further increase to 40% between 2020 and 2022.

Including xEV, xEV charging infrastructure, PFC / power supply, PV, UPS, motor drive, wind and railway, are all applications of SiC. The SiC market is still driven by diodes used in PFC and PV applications. However, Yole is expected In the next five years from now, the main SiC component market driver will be the transistor.

Another key trend revealed by Yole analysts is that automakers will use silicon carbide in the next five to 10 years. Yole expects some of the leading manufacturers to adopt SiC in the main inverter. In particular, the Chinese auto industry is very positive. Recently SiC modules developed by STMicroelectronics for Tesla and its Model 3 are a good example of early adoption.