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As per the report by Fact.MR, the global SiC and GaN power semiconductor market is expected to witness robust growth, increasing at a CAGR of 24.7%. The global SiC & GaN power semiconductor market is also projected to reach US$ 2,986.3 million revenue by the end of 2026.
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Increasing adoption of mobile devices and other electronic devices is driving the need of semiconductors, this, in turn, is resulting in the increasing use of SiC & GaN to power semiconductor devices and at the same time offering various advantages. Following are the insights showing how the global SiC & GaN power semiconductor market will perform in the coming years.
Each segment of the SiC & GaN Power Semiconductor market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:
North America, Latin America, Europe, Japan, APEJ, and MEA
The key players in the global SiC & GaN Power Semiconductor market report consist of
Infineon Technologies, Fairchild Semiconductor, Fuji Electric Systems Co., Ltd, Global Power Technologies Group, ROHM Semiconductor, Wolfspeed, Inc., Microsemi Corporation, Danfoss A/S, SEMIKRON International GmbH, Renesas Electronics, Alpha & Omega Semiconductor, Transform, Inc., Genesic semiconductor Inc., Monolith Semiconductor Inc., Raytheon Company, STMicroelectronics N.V., United Silicon Carbide Inc., Vincotech GmbH, Avogy, Inc., Cambridge Electronics, Exagan S.A.S, GaN Systems Inc., NXP Semiconductors N.V., Panasonic Corporation, and VisIC Technologies Ltd.
Each market player encompassed in the SiC & GaN Power Semiconductor market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the SiC & GaN Power Semiconductor market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.
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On the basis of product type, the global SiC & GaN Power Semiconductor market report covers the footprint, and consumption of the segments including
• SiC Power Modules
• GaN Power Modules
• Discrete SiC Power Devices
• Discrete GaN Power Devices
The global SiC & GaN Power Semiconductor market covers the demand trends of each end user which includes
• Power Supplies
• Wireless Charging
• Power Storage
• Hybrid and EV Components
• Motor Drives
• Traction Motor Components
The SiC & GaN Power Semiconductor market report answers the following queries:
1. Which players hold the significant SiC & GaN Power Semiconductor market share and why?
2. What strategies are the SiC & GaN Power Semiconductor market players forming to gain a competitive edge?
3. Why region is expected to lead the global SiC & GaN Power Semiconductor market?
4. What factors are negatively affecting the SiC & GaN Power Semiconductor market growth?
5. What will be the value of the global SiC & GaN Power Semiconductor market by the end of 2026?
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