silicon carbide power devices Market Report 2025 (Global Edition)

Global silicon carbide power devices Market Report 2025 Market Size Split by Product Type Outlook: (Diode, Power Module, MOSFETs, Gate Driver), by Voltage Outlook: (Up to 600V, 600V-1000V, 1000V-1500V...

silicon carbide power devices Market Report Description

We have various report editions of silicon carbide power devices Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Competitive Landscape of the Silicon Carbide Power Devices Market

With multiple prominent competitors competing in the market, the worldwide silicon carbide power devices market is extremely competitive. To improve their market position, these businesses are concentrating on broadening their product offerings, enhancing their manufacturing capacities, and expanding their geographic reach. In order to create cutting-edge and reasonably priced SiC power devices, these companies are also spending money on research and development. Partnerships, joint ventures, and mergers and acquisitions are additional tactics used by market participants to increase their market share and improve their product lines.

September 2024: By improving the energy efficiency and performance of 400V and 800V EV bus traction inverters, ST's new SiC MOSFET devices—which will be offered in 750V and 1200V classes—will extend the benefits of SiC to mid-size and small EVs, which are crucial market segments for achieving mass market adoption. (Source: https://newsroom.st.com/media-center/press-item.html/c3283.html#:~:text=ST's%20new%20SiC%20MOSFET%20devices,help%20achieve%20mass%20market%20adoption.) November 2023: The Netherlands-based semiconductor manufacturer Nexperia B.V. introduced silicon carbide MOSFETs, or discrete 1200 V MOSFETs. With their special combination of features, these innovative devices have the potential to transform high-voltage applications completely. Nexperia's silicon carbide MOSFETs, which are engineered to maximize efficiency and dependability, have improved thermal performance and extremely low switching losses, guaranteeing steady operation even in the most taxing circumstances. (Source: https://www.semiconductor-today.com/news_items/2023/nov/nexperia-301123.shtml) September 2022: SemiQ announced the release of a 1200V 80m? SiCMOSFET, a 2nd Generation Silicon Carbide power switch, adding to their line of SiCpower devices. In high-performance applications such as electric vehicles, the company's current SiCrectifiers at 650V, 1200V, and 1700V are enhanced by the new MOSFET. (Source: https://semiq.com/semiq-announces-launch-of-1200v-40m%CF%89-silicon-carbide-mosfet/#:~:text=September%2029%2C%202022%2C%20Lake%20Forest,at%20650V%2C%201200V%20and%201700V.)

Top Companies Market Share in silicon carbide power devices Industry: (In no particular order of Rank)

• ROHM Co. Ltd. (Japan)
• STMicroelectronics N.V. (Switzerland)
• Infineon Technologies AG (Germany)
• NXP Semiconductors N.V. (Netherlands)
• Toshiba Corporation (Japan)
• Mitsubishi Electric Corporation (Japan)
• Renesas Electronics Corporation (Japan)
• Wolfspeed Inc. (US)
• Littelfuse Inc. (US)
• Fuji Electric Co. Ltd. (Japan)
• Cree Inc. (US)
• ON Semiconductor Corporation (US)
• United Silicon Carbide Inc. (US)
• General Electric (US)
• Microchip Technology Inc. (US)
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Silicon Carbide Power Devices Market

Which Region Dominates the Silicon Carbide Power Devices Market in 2025?

According to Cognitive Market Research, North America currently dominates the Silicon Carbide Power Devices market, and the region is expected to have significant growth during the projected period. Due to the growing demand for renewable energy sources and the widespread use of electric vehicles, the region is expanding significantly. The market for silicon carbide power devices is greatest in North America in the United States, and it is anticipated to increase significantly in the years to come as a result of government efforts to lower carbon emissions and the growing use of electric vehicles.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The growing need for energy-efficient power electronics, the uptake of electric vehicles, and government efforts to lower carbon emissions are the main factors propelling the growth of the APAC silicon carbide power devices market. Due to the presence of numerous major competitors and the rising popularity of electric vehicles in the nation, China is the largest market for SiC power devices in the APAC region.

The current report Scope analyzes silicon carbide power devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America silicon carbide power devices

<P>According to Cognitive Market Research, the global Silicon Carbide Power Devices market size was estimated at USD 1756.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 702.64 million in 2025 and will grow at a compound annual growth rate (CAGR) of 22.3% from 2025 to 2033.</P> <ul><li>According to Cognitive Market Research, the US had a major share in the Silicon Carbide Power Devices market with a market size of USD 554.38 million in 2025 and is projected to grow at a CAGR of 22.1% during the forecast period fueled by the growing use of electric vehicles and the need for renewable energy sources.</li> <li>The Canada Silicon Carbide Power Devices market had a market share of USD 84.32 million in 2025 and is projected to grow at a CAGR of 23.1% during the forecast period because of the government's efforts to lower carbon emissions and the growing popularity of electric automobiles.</li> <li>The Mexico Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 22.8% during the forecast period, with a market size of USD 63.94 million in 2025.</li></ul>

Europe silicon carbide power devices

<p>According to Cognitive Market Research, the global Silicon Carbide Power Devices market size was estimated at USD 1756.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 526.98 million in 2025 and will grow at a compound annual growth rate (CAGR) of 22.6% from 2025 to 2033.</P> <ul><li>The United Kingdom Silicon Carbide Power Devices market had a market share of USD 88.53 million in 2025 and is projected to grow at a CAGR of 23.4% during the forecast period. because of the growing popularity of electric vehicles and the need for power electronics that use less energy.</li> <li>The France Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 21.8% during the forecast period, with a market size of USD 48.48 million in 2025.</li> <li>According to Cognitive Market Research, the German Silicon Carbide Power Devices market size was valued at USD 104.34 million in 2025 and is projected to grow at a CAGR of 22.8% during the forecast period driven by the industrial sector's strong need for power electronics that use less energy.</li> <li>The Italy Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 22.0% during the forecast period, with a market size of USD 45.32 million in 2025.</li> <li>The Russia Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 21.6% during the forecast period, with a market size of USD 81.86 million in 2025.</li> <li>The Spain Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 21.7% during the forecast period with a market size of USD 43.21 million in 2025</li> <li>The Luxembourg Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 22.7% during the forecast period, with a market size of USD 16.34 million in 2025.</li> <li>The Portugal Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 22.4% during the forecast period, with a market size of USD 11.07 million in 2025.</li> <li>The Greece Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 22.9% during the forecast period, with a market size of USD 6.32 million in 2025.</li> <li>The Rest of Europe's Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 21.3% during the forecast period, with a market size of USD 81.68 million in 2025.</li></ul>

Asia Pacific silicon carbide power devices

<P>According to Cognitive Market Research, the global Silicon Carbide Power Devices market size was estimated at USD 1756.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 404.02 million in 2025 and will grow at a compound annual growth rate (CAGR) of 26.1% from 2025 to 2033.</P> <ul><li>According to Cognitive Market Research, the China Silicon Carbide Power Devices market size was valued at USD 181.81 million in 2025 and is projected to grow at a CAGR of 25.6% during the forecast period spurred by the country's increasing use of electric vehicles and the presence of a number of important players.</li> <li>The Japan Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 24.6% during the forecast period, with a market size of USD 55.75 million in 2025.</li> <li>The India Silicon Carbide Power Devices market had a market share of USD 48.48 million in 2025 and is projected to grow at a CAGR of 27.9% during the forecast period driven by the demand for renewable energy sources and the expanding use of electric vehicles.</li> <li>The South Korean Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 25.2% during the forecast period, with a market size of USD 40.40 million in 2025.</li> <li>The Australian Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 25.8% during the forecast period, with a market size of USD 21.01 million in 2025.</li> <li>The South East Asia Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 27.1% during the forecast period, with a market size of USD 27.88 million in 2025.</li> <li>The Rest of Asia Pacific Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 25.9% during the forecast period, with a market size of USD 28.69 million in 2025.</li></ul>

South America silicon carbide power devices

<P>According to Cognitive Market Research, the global Silicon Carbide Power Devices market size was estimated at USD 1756.6 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 87.83 million in 2025 and will grow at a compound annual growth rate (CAGR) of 23.5% from 2025 to 2033.</P> <ul><li>According to Cognitive Market Research, the Brazil Silicon Carbide Power Devices market size was valued at USD 37.59 million in 2025 and is projected to grow at a CAGR of 24.1% during the forecast period due to the government's initiatives to reduce carbon emissions and the increasing acceptance of electric vehicles.</li> <li>Argentina's Silicon Carbide Power Devices market had a market share of USD 14.76 million in 2025 and is projected to grow at a CAGR of 24.4% during the forecast period due to the increasing demand for energy-efficient power electronics and the growing popularity of electric vehicles.</li> <li>Colombia Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 23.3% during the forecast period, with a market size of USD 7.82 million in 2025.</li> <li>Peru Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 23.7% during the forecast period, with a market size of USD 7.20 million in 2025.</li> <li>Chile Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 23.8% during the forecast period, with a market size of USD 6.32 million in 2025.</li> <li>The Rest of Latin America's Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 22.6% during the forecast period, with a market size of USD 14.14 million in 2025.</li></ul>

Middle East silicon carbide power devices

<P>According to Cognitive Market Research, the global Silicon Carbide Power Devices market size was estimated at USD 1756.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 35.13 million in 2025 and will grow at a compound annual growth rate (CAGR) of 23.8% from 2025 to 2033..</P> <ul><li>The GCC Countries Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 24.6% during the forecast period, with a market size of USD 15.04 million in 2025 driven by the significant need for energy-efficient power electronics in the industrial sector.</li> <li>The Egypt Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 24.1% during the forecast period, with a market size of USD 3.69 million in 2025.</li> <li>The South Africa Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 24.8% during the forecast period, with a market size of USD 5.55 million in 2025 encouraged by the growing number of electric vehicles in the nation and the presence of several significant players.</li> <li>The Turkey Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 23.3% during the forecast period, with a market size of USD 3.02 million in 2025.</li> <li>The Nigeria Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 22.9% during the forecast period, with a market size of USD 3.69 million in 2025.</li> <li>The Rest of the MEA Silicon Carbide Power Devices market is projected to witness growth at a CAGR of 22.8% during the forecast period, with a market size of USD 4.15 million in 2025.</li></ul>

silicon carbide power devices Market Analysis

How are Segments Performing in the Global Silicon Carbide Power Devices Market?

Silicon Carbide Power Devices Market Product Type Segment Analysis

According to Cognitive Market Research, Power Module category is likely to dominate the Silicon Carbide Power Devices Market over the forecast period. Silicon carbide power modules have numerous uses in the energy, e-mobility, and industrial sectors and allow silicon carbide to be used as a switch for power conversion. They lower operating expenses and increase the efficiency of power use. Furthermore, integrating silicon carbide power modules with metal-oxide-semiconductor field-effect transistors (MOSFETs) and Schottky barrier diodes allows for much lower switching loss than silicon, which is anticipated to support segment growth over the forecast period.

The MOSFETs is the fastest-growing segment in the Silicon Carbide Power Devices Market. The silicon carbide FET/MOSFET's main advantages are its wide band gap, higher critical breakdown field, and higher thermal conductivity, which all contribute to its high current density, decreased on-state resistance and device thickness, and decreased leakage and power loss at high operating temperatures. A number of firms are introducing silicon carbide-based FETs and MOSFETs in an attempt to capitalize on the possible rise in demand from various industries. For instance, Toshiba Corporation debuted their third generation silicon carbide MOSFETs, 650V and 1200V, in August 2022. These devices cut switching losses in industrial equipment by 20%. Throughout the forecast period, the segment's expansion is anticipated to be supported by the numerous advantages that FET/MOSFET transistors provide. (Source: https://news.toshiba.com/press-releases/press-release-details/2022/Toshiba-Launches-its-3rd-Generation-SiC-MOSFETs-that-Contribute-to-the-Higher-Efficiency-of-Industrial-Equipment/default.aspx)

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of silicon carbide power devices Industry. Request a Free Sample PDF!

Silicon Carbide Power Devices Market Voltage Segment Analysis

According to Cognitive Market Research, the Up to 600V segment holds the largest market share fueled by the growing need for low- and medium-power applications that use energy-efficient technologies. Consumer gadgets, industrial power supply, and electric vehicle (EV) charging infrastructure all make extensive use of this category. SiC power devices in this voltage range have become increasingly popular due to the demand for small, high-performing devices with low energy loss. Furthermore, these devices are now more affordable due to developments in SiC technology, which facilitates their incorporation into applications that demand high switching frequencies and efficiency.

In the Silicon Carbide Power Devices market, the rapidly growing sector is the 600V-1000V category because of its vital function in high-power applications, including industrial motor drives, electric cars, and renewable energy systems. SiC devices in this voltage range are perfect for working in hostile environments and handling higher power densities due to their improved thermal and electrical characteristics. The need for SiC devices in the 600V–1000V range, where efficiency and dependability are crucial, has grown dramatically as a result of the increased focus on renewable energy generation, especially in solar and wind power systems.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

silicon carbide power devices Application Outlook: Segment Analysis

Silicon Carbide Power Devices Market Application Segment Analysis

According to Cognitive Market Research, the Power Supply segment holds the largest share of the market. This is mostly because SiC Power Devices are becoming more and more popular in a variety of power supply applications, including servers, telecom, and industrial power supplies, among others. Excellent frequency operation, minimal switching losses, and excellent power efficiency are some of the benefits that make SiC power devices perfect for power supply applications.

In the Silicon Carbide Power Devices Market, the Inverter/Converter has been expanding at a rapid pace. This is because SiC Power Devices are becoming more and more popular in a variety of inverter applications, including motor drives, solar inverters, and electric cars. Because of its high power density, high-temperature tolerance, and quick switching speeds, SiC power devices are perfect for inverter applications.

• Inverter/Converter
• Power Supply
• Motor Drive
• Photovoltaic/Energy Storage
• FACTs
• RF Devices
• Others

silicon carbide power devices End-use Industry Outlook: Segment Analysis

Silicon Carbide Power Devices Market End-use Industry Segment Analysis

According to Cognitive Market Research, the automotive & transportation segment dominates the market, fueled by the growing popularity of hybrid electric cars (HEVs) and electric vehicles (EVs). MOSFETs and diodes are examples of silicon carbide power devices, which are perfect for EV powertrains, onboard chargers, and charging infrastructure because they provide better efficiency, thermal performance, and power density than conventional silicon-based devices. The demand for SiC power devices in this industry has increased due to the global push for cleaner transportation options and stricter pollution standards.

Consumer electronics is projected to be the fastest-growing segment in the Silicon Carbide Power Devices market. The adoption of SiC technology is being driven by the growing need for high-performance, small, and energy-efficient electronic products, including game consoles, laptops, smartphones, and smart home appliances. Faster switching rates, reduced energy losses, and improved thermal management are made possible by silicon carbide devices, all of which are essential for contemporary consumer electronics. Additionally, the requirement for advanced power solutions is being increased by the spread of Internet of Things (IoT) devices and the growing penetration of 5G networks, which is driving the rise of SiC power devices in this category.

• Aerospace & Defense
• Consumer Electronics
• IT & Telecom
• Automotive & Transportation
• Others

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion