SiC Diodes Market Analysis by Business Developing Strategies, Growth Key Factors 2028

Persistence Market Research has published a market research  report ” SiC Diodes Market  – Global Industry Analysis and Opportunity Assessment 2028″. The growing demand for high-performance semiconductors and the growing need for electric and hybrid vehicles are among the key factors driving the SiC diode market.

Demand for autonomous and hybrid vehicles is increasing rapidly, and the demand for fuel-efficient power transformation electronics for the automotive industry is becoming increasingly critical. Electronic devices can be used efficiently and efficiently at high temperatures. Due to these factors, silicon carbide technology is beginning to gain traction to increase the supply of electric vehicles and hybrid electric vehicles for power electronics.

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Applicability beyond automotive and aerospace

Demand for SiC diodes is growing due to their high temperature capabilities due to the large energy band gap between silicon carbide and gallium arsenide or pure silicon, which is one of the key advantages of SiC diodes. The silicon carbide material’s wider bandgap helps reduce intrinsic carrier absorption for high-temperature operations and helps reduce leakage currents.

These properties of SiC diodes are mainly used for higher frequency light detection, higher frequency switching and high temperature devices. Additionally, the demand for silicon carbide diodes is increasing rapidly due to their high temperature capabilities in various application areas such as data centers, aerospace and automotive industries.

The increasing demand for high-performance semiconductors due to the revolution in electronic devices has gripped the power supply and automation industries, opening up various opportunities to control the transmission and use of electrical energy.

Improvements in power electronic devices were primarily based on the processes and technologies developed primarily for low power applications and then adapted and configured to allow the components to handle high voltages and currents to meet the specifications for higher energy levels fulfill. These advances in power semiconductors have led to significant improvements in power electronics applications in terms of resilience and control. Due to these factors, the demand for silicon carbide materials and devices is increasing rapidly.

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The East Asian market continues to hold a prominent position worldwide

The global SiC diode market is expected to add an additional opportunity totaling US$467.2 million by the forecast period to 2028. In the Global SiC Diodes Market Research Report, PMR has segmented the global SiC Diodes Market based on Forward Current, Blocking Voltage, Application, and Region.

The forward current segment is further divided into 2-5A, 6-10A, 11-20A, 21-40A and over 40A. The reverse voltage segment is further divided into 600V/650V, 1200V, 1700V and 3300V In addition, the application of SiC diodes includes automobiles, medical imaging, communications, data centers, defense, photovoltaic solutions and others.

Based on region, East Asia is included among the more significant markets in the global SiC Diodes Market owing to the existence of various major players. Additionally, the adoption of SiC diodes in medical imaging, communications, and automotive industries are among the factors driving the SiC diodes market.

South Asia SiC diode markets are expected to register growth at a high CAGR during the forecast period owing to increasing penetration of advanced communication systems and growing demand for high-performance semiconductors in some countries of this region. Furthermore, a constant increase in the total number of companies offering SiC diodes in South and East Asian countries is expected to positively impact the growth of SiC diodes market during the forecast period.

Some of the major players covered in the global SiC Diodes Market research report are Infineon Technologies, STMicroelectronics NV, Microchip Technology Inc., Cree, Inc., ON Semiconductor Corporation, ROHM Semiconductor, Littelfuse Inc., WeEn Semiconductors, CALY Technologies, and United Silicon Hartmetall Inc.

These companies in the SiC diode market continuously focus on providing leading products and adopt the strategy of partnering and acquiring other SiC diode vendors to offer improved products and reach new growth markets during the forecast period.

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