Global Wide Bandgap Semiconductors Market segmented by material (Silicon Carbide (SiC), Gallium Nitride (GaN), Diamond, Gallium Oxide & Aluminum Nitride (AIN)), by application (data centres, renewable energy generation, hybrid and electric vehicles and motor drives), and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) is expected to reach US$ 3.1Bn by 2026, at a CAGR of 12.6% during a forecast period.
Increasing demand of above mentioned goods is spurring the demand for wide bandgap semiconductors market over the forecast period. Wide bandgap semiconductors are semiconductor materials which allows devices to operate at much voltages, high temperatures, and frequencies considering that of traditional semiconductor materials for instance silicon and gallium arsenide.
Gallium Nitride (GaN) segment is leading the global wide bandgap semiconductors market.
Gallium Nitride (GaN) has an even higher bandgap and extensively higher electron mobility than SiC. Compared to silicon (Si), the breakdown field is ten times higher and the electron mobility is double. Both the gate charge and output charge are 10 times lower than with Si, and the reverse recovery charge is almost zero which is key for high frequency operations.
North America has the largest market share for global wide bandgap semiconductors market during the forecast period.
North America dominated the wide bandgap semiconductors market was due to increase in applied demand of wide bandgap semiconductors in automobile sectors. So the demand for wide bandgap semiconductors in the respective region is expected to spur over the forecast period.
Key players operating in global wide bandwidth semiconductor market, Infineon Technologies
Cree, Transphorm, ROHM Semiconductor, Texas Instruments, STMicroelectronics, GaN Systems, Microsemi Corporation, United Silicon Carbide, Exagan, GeneSiC Semiconductor
Monolith Semiconductor, Qorvo.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global wide bandgap semiconductors market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global wide bandgap semiconductors market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global wide bandgap semiconductors market positioning of competitors.
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