Power SiC: Paving the Path to a $10B Market by 2029

With the strong push for BEV in the past few years, Power SiC became one of the quickest-growing semiconductor markets. Record BEV shipments in 2023 from Tesla, BYD, Hyundai, etc., are also reshaping the supply chain landscape.

According to Yole Group forecast, the Power SiC device market will exceed $10B by the end of this decade. The various players have been increasing capacity at all levels of the supply chain to mitigate the supply constraint concerns of the past years. Multiple investment projects are rolling out globally, and the market is preparing for higher production volumes. This has also opened the window for Power SiC to move into many industrial applications, such as EV chargers and renewable energy.

From the technology development perspective, Yole Group has also identified various different approaches by device manufacturers for their products. It will compare the designs, cost structures, and performance of devices as analyzed in Yole Group suite of Yole SystemPlus reports and share some of the insights in this webinar.

Last but not least, the growth of the Power SiC market requires investments, as high-volume capacity is needed. Equipment plays a vital role. Yole Group will share their views on the evolution of CapEx to empower Power SiC businesses and the enabling equipment behind the dynamic Power SiC market.

This webinar will highlight:  

• Overview of the Power SiC market, with market growth in each segment.
• The evolution of the Power SiC landscape, SiC wafer, epiwafer, and device market shares of leaders and newcomers over the past 3 years.
• The main trends in automotive, with a specific focus on shipments and the impacts of 800V BEV penetration.
• The latest industrial trends in Power SiC, including EV chargers and renewable energy.
• Insights into Yole’s recent SiC teardown and performance reports;