A power component is a semiconductor, which is used as a switch or a rectifier in the power electronic system. SiC is a compound semiconductor comprised of silicon and carbon and has 10 times the dielectric breakdown field strength, bandgap, and thermal conductivity than silicon. The special characteristics of SiC power devices include high-temperature operation stability, high thermal conductivity, high-energy bandgap, and faster switching time. These characteristics of SiC power devices are encouraging original equipment manufacturers (OEMs) to adopt these devices over traditional Si power devices.

Market Analysis and Insights: Global SiC Power Components Market
In 2020, the global SiC Power Components market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% between 2021 and 2027
Global SiC Power Components Scope and Market Size
The global SiC Power Components market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global SiC Power Components market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), byType, and by Application for the period 2016-2027.

Segment by Type
SiC Power Components Diodes
SiC Power Components Modules
SiC Power Components Transistors

Segment by Application
Electric Vehicle
Power Supplies
Photovoltaics
Others

By Company
Infineon
ON Semiconductor Corp
STMicroelectronics N.V.
Mitsubishi Electric Corp
Vishay Intertechnology
Fuji Electric
Toshiba

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE