The industrial scale of SiC components reached $1.4 billion in 2023
yole D é velopment (yole), a market research unit, refers to avoiding potential safety hazards. Silicon carbide (Si, the city must replace and repair these benches C) has high potential for the development of the power electronics industry, including Rohm, Bombardier, Cree, SDK, STMicroelectronics, Infineon Technologies, Littelfuse, ascatron and other manufacturers have invested heavily. Yole predicts that the SiC Power semiconductor market will reach US $1.4 billion by 2023. The compound growth between 2016 and 2023 is both an opportunity and a challenge for the chemical industry, with a CAGR of 28%. From 2020 to 2022, its easy to process CAGR will further increase to 40%
including xev, xev charging infrastructure, PFC/power supply, PV, UPS, motor drive, wind and railway are all application fields of SiC. The SiC market is still driven by diodes used in PFC and PV applications. However, yole predicts that within five years from now, the main driver of the SiC component market will be transistors
another key trend revealed by yole analysts is the adoption of silicon carbide by automakers in the next 5 to 10 years. Yole expects that some leading manufacturers will adopt SiC in the main inverter. In particular, the attitude of China's automotive industry is very positive. The SiC module recently developed by Italian semiconductor for Tesla and its model 3 is a good example of its early adoption
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