Automotive SiC power components to be $3.94bn market in 2026

Author: EIS Release Date: Jul 22, 2022

The market for automotive SiC power components is forecast to reach $1.07 billion in 2022 and will climb to $3.94 billion by 2026, says TrendForce, in a total SiC device market estimated by Yole Developpement to be worth $6.3 billion in 2027.

 

The leading suppliers are:

 

ST

 

ON

 

Wolfspeed,

 

Infineon

 

China is operating an entire SiC industry supply chain.

 

Car companies such as BYD and Hyundai have launched their own SiC R&D projects.

 

These projects include new crystal growth approaches (UJ-Crystal, Jing Ge Ling Yu), high-efficiency wafer processing technology (Soitec, Disco, Infineon, Lasic Semiconductor Technology), and moving to 8-inch wafers like Wolfspeed.