Wide-Bandgap (WBG) Power Semiconductor Devices Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 20


Reports and Data’s latest report, titled ‘Global Wide-Bandgap (WBG) Power Semiconductor Devices Market,’ presents an all-encompassing study of the Wide-Bandgap (WBG) Power Semiconductor Devices market. The study assesses the estimated market size, value, and share over the projected

Reports and Data’s latest report, titled ‘Global Wide-Bandgap (WBG) Power Semiconductor Devices Market,’ presents an all-encompassing study of the Wide-Bandgap (WBG) Power Semiconductor Devices market. The study assesses the estimated market size, value, and share over the projected years (2020-2027). The report includes expert opinions on the current state of the market, alongside analyzing the latest market trends and developments. A broad segmentation of the Wide-Bandgap (WBG) Power Semiconductor Devices market comprises the diverse product types and their application areas. Through the latest study, the authors have determined the revenue, price, sales, production, growth rate, and the forecast market share of each market segment. The vital market statistics have been presented in a tabular format to help readers comprehend the key market dynamics. Additionally, the authors have delivered a detailed study of this wide-ranging industry, highlighting the key industrial aspects, such as import-export dynamics, production consumption rates, sales channels, and consumer bases in the leading geographies.

 

The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Wide-Bandgap (WBG) Power Semiconductor Devices market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Wide-Bandgap (WBG) Power Semiconductor Devices business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.

Get a sample copy of the Wide-Bandgap (WBG) Power Semiconductor Devices market report, log on to https://www.reportsanddata.com/sample-enquiry-form/1396

Geographical Segmentation:

Type Outlook (Revenue, USD Million; 2018-2026)

  • Silicon Carbide (SiC)
  • Diamond Substrate
  • Gallium Nitride (GaN)
  • Zinc Oxide (ZnO)
  • Others

Application Outlook (Revenue, USD Million; 2018-2026)

  • Automotive
  • Renewable Energy
  • Industrial Motor Drives
  • Uninterrupted Power Supply
  • Power Factor Correction
  • Others

Competitive Terrain:

The global Wide-Bandgap (WBG) Power Semiconductor Devices market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand supply graphs, sales network, production consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.

The leading companies operating across the global Wide-Bandgap (WBG) Power Semiconductor Devices market are listed below:

Transphorm, Infineon Technologies, Texas Instruments, GaN Systems, ST Microelectronics, Microsemi, Genesic Semiconductors, United Silicon Carbide, Exagon, and Monolith Semiconductor.

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Key Points of the Report:

  • Silicon Carbide occupies the largest market share in the year 2018 registering a growth rate of CAGR 22.9% during the forecast period.
  • Silicon Carbide is more cost-intensive to manufacture than the silicon counterparts and thus has led to the development of cost-effective manufacturing of Gallium Nitride for use wide bandgap power semiconductor devices. GaN is projected to grow at highest growth rate of 23.3% during the forecast period.
  • The market for wide bandgap semiconductors in uninterrupted power supply applications occupies the largest market share comprising 40% of the market with a growth rate of CAGR 22.9% during the forecast period. An Uninterruptible Power Supply finds application to safeguard important devices from mains supply issues, including spikes, voltage drops and fluctuations as well as total power failures using a dedicated battery unit. A UPS system may also be used to bridge the power gap while a standby generator is started and synchronized. These applications of UPS is expected create a surge in demand and in turn, will the demand for wide bandgap power semiconductor devices.
  • Asia Pacific is projected to be the main revenue generating region throughout the forecast period. The market is projected to grow at a CAGR of 23.1% in the forecast period and occupies a market share of around 44% in the year 2018. This can be attributed to factors such as the surging deployment of the uninterrupted power supply devices in the significantly increasing number of data centers in the region and huge investments made in advancement of high signal processing equipment particularly in military and aviation industry. The implementation for wide-bandgap power semiconductor devices in this region is highly likely to surge during the forecast period.

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