Silicon Carbide Power Devices for Automobiles Market projected to hit USD $ million in 2025, growing at a $% CAGR. Explore in-depth industry size, share, key segments, top players, and forecast trends from 2025 to 2031 in this latest market research report.

Silicon Carbide Power Devices for Automobiles Market Trends, Growth and Outlook 2025-2031

The global Silicon Carbide Power Devices for Automobiles market size is predicted to grow from US$ 3023 million in 2025 to US$ 8792 million in 2031; it is expected to grow at a CAGR of 19.5% from 2025 to 2031. This report studies silicon carbide (SiC) power devices for automotive, including SiC MOSFET Module, SiC MOSFET Discrete and SiC diode. In automotive, currently the silicon carbide (SiC) power devices are mainly used in main drive inverters, On-Board Chargers, and DC/DC converters, etc. Automotive is the largest market of silicon carbide (SiC) power devices, driven by demand from China, UAS, EU, and Japan. China is one of the world?s largest automotive markets, and its growth potential remains high. In particular, high rates of growth for electric-powered vehicles make China one of the largest markets for electromobility. Global new energy vehicles continue to grow rapidly. In 2023, the total sales of new energy vehicles in the world reached 14.65 million, a simultaneous increase of 35.4%. Among them, China's new energy vehicle sales reached 9.495 million, accounting for 64.8% of global sales. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. In 2023, the sales of new energy vehicles in the United States and Europe were 2.94 million and 1.46 million respectively, with year-on-year growth rates of 18.3% and 48.0% respectively. Infinity Market Research ' newest research report, the ?Silicon Carbide Power Devices for Automobiles Industry Forecast? looks at past sales and reviews total world Silicon Carbide Power Devices for Automobiles sales in 2024, providing a comprehensive analysis by region and market sector of projected Silicon Carbide Power Devices for Automobiles sales for 2025 through 2031. With Silicon Carbide Power Devices for Automobiles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silicon Carbide Power Devices for Automobiles industry. This Insight Report provides a comprehensive analysis of the global Silicon Carbide Power Devices for Automobiles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Silicon Carbide Power Devices for Automobiles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Silicon Carbide Power Devices for Automobiles market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silicon Carbide Power Devices for Automobiles and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Silicon Carbide Power Devices for Automobiles. This report presents a comprehensive overview, market shares, and growth opportunities of Silicon Carbide Power Devices for Automobiles market by product type, application, key manufacturers and key regions and countries. Segmentation by Type: &nbsp;&nbsp;&nbsp; Automotive Grade SiC MOSFET Module &nbsp;&nbsp;&nbsp; Automotive Grade SiC MOSFET Discrete &nbsp;&nbsp;&nbsp; Automotive Grade SiC SBD Segmentation by Application: &nbsp;&nbsp;&nbsp; Main Inverter &nbsp;&nbsp;&nbsp; EV On-Board Chargers &nbsp;&nbsp;&nbsp; DC/DC Converter This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; STMicroelectronics &nbsp;&nbsp;&nbsp; Infineon &nbsp;&nbsp;&nbsp; Wolfspeed &nbsp;&nbsp;&nbsp; Rohm &nbsp;&nbsp;&nbsp; onsemi &nbsp;&nbsp;&nbsp; BYD Semiconductor &nbsp;&nbsp;&nbsp; Microchip (Microsemi) &nbsp;&nbsp;&nbsp; Mitsubishi Electric (Vincotech) &nbsp;&nbsp;&nbsp; Semikron Danfoss &nbsp;&nbsp;&nbsp; Fuji Electric &nbsp;&nbsp;&nbsp; Navitas (GeneSiC) &nbsp;&nbsp;&nbsp; Toshiba &nbsp;&nbsp;&nbsp; Qorvo (UnitedSiC) &nbsp;&nbsp;&nbsp; San'an Optoelectronics &nbsp;&nbsp;&nbsp; Littelfuse (IXYS) &nbsp;&nbsp;&nbsp; CETC 55 &nbsp;&nbsp;&nbsp; WeEn Semiconductors &nbsp;&nbsp;&nbsp; BASiC Semiconductor &nbsp;&nbsp;&nbsp; SemiQ &nbsp;&nbsp;&nbsp; Diodes Incorporated &nbsp;&nbsp;&nbsp; SanRex &nbsp;&nbsp;&nbsp; Alpha & Omega Semiconductor &nbsp;&nbsp;&nbsp; Bosch &nbsp;&nbsp;&nbsp; KEC Corporation &nbsp;&nbsp;&nbsp; PANJIT Group &nbsp;&nbsp;&nbsp; Nexperia &nbsp;&nbsp;&nbsp; Vishay Intertechnology &nbsp;&nbsp;&nbsp; Zhuzhou CRRC Times Electric &nbsp;&nbsp;&nbsp; China Resources Microelectronics Limited &nbsp;&nbsp;&nbsp; StarPower &nbsp;&nbsp;&nbsp; Yangzhou Yangjie Electronic Technology &nbsp;&nbsp;&nbsp; Guangdong AccoPower Semiconductor &nbsp;&nbsp;&nbsp; Changzhou Galaxy Century Microelectronics &nbsp;&nbsp;&nbsp; Hangzhou Silan Microelectronics &nbsp;&nbsp;&nbsp; Cissoid &nbsp;&nbsp;&nbsp; SK powertech &nbsp;&nbsp;&nbsp; InventChip Technology &nbsp;&nbsp;&nbsp; Hebei Sinopack Electronic Technology &nbsp;&nbsp;&nbsp; Oriental Semiconductor &nbsp;&nbsp;&nbsp; Jilin Sino-Microelectronics &nbsp;&nbsp;&nbsp; PN Junction Semiconductor (Hangzhou) Key Questions Addressed in this Report What is the 10-year outlook for the global Silicon Carbide Power Devices for Automobiles market? What factors are driving Silicon Carbide Power Devices for Automobiles market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Silicon Carbide Power Devices for Automobiles market opportunities vary by end market size? How does Silicon Carbide Power Devices for Automobiles break out by Type, by Application?

Report	Global Silicon Carbide Power Devices for Automobiles Market Growth 2025-2031
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