Market Executive Summary

Wide bandgap, (WBG), semiconductors differ significantly from conventional semiconductors since they have a larger bandgap. A bandgap refers to the energy difference in semiconductors between the top of the valence band and the bottom of the conduction band. The larger distance allows wide bandgap semiconductor power devices to operate at higher voltages, temperatures, and frequencies.

The global Wide-Bandgap (WBG) Power Semiconductor Devices market is projected to grow from US$ 1089.4 million in 2024 to US$ 2780.1 million by 2030, at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period.

Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.

In terms of production side, this report researches the Wide-Bandgap (WBG) Power Semiconductor Devices production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Wide-Bandgap (WBG) Power Semiconductor Devices by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

Report Covers:

This report presents an overview of global market for Wide-Bandgap (WBG) Power Semiconductor Devices, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030. 

This report researches the key producers of Wide-Bandgap (WBG) Power Semiconductor Devices, also provides the consumption of main regions and countries.  of the upcoming market potential for Wide-Bandgap (WBG) Power Semiconductor Devices, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Wide-Bandgap (WBG) Power Semiconductor Devices sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Wide-Bandgap (WBG) Power Semiconductor Devices market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Wide-Bandgap (WBG) Power Semiconductor Devices sales, projected growth trends, production technology, application and end-user industry.

Market Segmentation

Global Wide-Bandgap (WBG) Power Semiconductor Devices Companies Covered

Qorvo, STMicroelectronics, Infineon Technologies, Microchip, TI, Onsemi, ROHM Semiconductor, Nexperia, Littelfuse (IXYS), Wolfspeed, Alpha & Omega Semiconductor, Fuji Electric, Diodes Incorporated, Mitsubishi Electric (Vincotech), China Resources Microelectronics Limited, Yangzhou Yangjie Electronic Technology, NCEPOWER, Hangzhou Silan Microelectronics, Transphorm, GaN Systems

Global Wide-Bandgap (WBG) Power Semiconductor Devices Market, by Region

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Wide-Bandgap (WBG) Power Semiconductor Devices Market, Segment by Type

Silicon Carbide (SiC) Power Devices

Gallium Nitride (GaN) Power Devices

Global Wide-Bandgap (WBG) Power Semiconductor Devices Market, Segment by Application

Automotive

Telecom

Solar & Storage Systems

Other

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Wide-Bandgap (WBG) Power Semiconductor Devices production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 3: Sales (consumption), revenue of Wide-Bandgap (WBG) Power Semiconductor Devices in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 4: Detailed analysis of Wide-Bandgap (WBG) Power Semiconductor Devices manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.

Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.

Chapter 9: China by Type, and by Application, sales, and revenue for each segment.

Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.

Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.

Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Wide-Bandgap (WBG) Power Semiconductor Devices sales, revenue, price, gross margin, and recent development, etc.

Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 15: The main points and conclusions of the report.