The global market for GaN and SiC Power Device was estimated to be worth US$ 5279 million in 2024 and is forecast to a readjusted size of US$ 21056 million by 2031 with a CAGR of 21.0% during the forecast period 2025-2031.
Global Market Research Publisher QYResearch announces the release of its lastest report “GaN and SiC Power Device – Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032”. Based on historical analysis (2021-2025) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global GaN and SiC Power Device market, including market size, share, demand, industry development status, and forecasts for the next few years. Provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe.
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Some of the Key Questions Answered in this Report:
What is the GaN and SiC Power Device market size at the regional and country-level
What are the key drivers, restraints, opportunities, and challenges of the GaN and SiC Power Device market, and how they are expected to impact the market
What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of GaN and SiC Power Device
Who are the global key manufacturers of the GaN and SiC Power Device Industry, How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
What are the GaN and SiC Power Device market opportunities and threats faced by the vendors in the global GaN and SiC Power Device Industry
Which application/end-user or product type may seek incremental growth prospects,What is the market share of each type and application
What focused approach and constraints are holding the GaN and SiC Power Device market
What are the different sales, marketing, and distribution channels in the global industry
What are the upstream raw materials andof GaN and SiC Power Device along with the manufacturing process of GaN and SiC Power Device
What are the key market trends impacting the growth of the GaN and SiC Power Device market
Economic impact on the GaN and SiC Power Device industry and development trend of the GaN and SiC Power Device industry
What are the GaN and SiC Power Device market opportunities, market risk, and market overview of the GaN and SiC Power Device market
Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.
All findings, data and information provided in the report have been verified and re-verified with the help of reliable sources. The analysts who wrote the report conducted in-depth research using unique and industry-best research and analysis methods.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The GaN and SiC Power Device market is segmented as below:
By Company
onsemi
STMicroelectronics
Infineon (GaN Systems)
Wolfspeed
BYD Semiconductor
Bosch
United Nova Technology
Innoscience
Navitas (GeneSiC)
Guangdong AccoPower Semiconductor
Rohm
San’an Optoelectronics
Efficient Power Conversion Corporation (EPC)
Power Integrations, Inc.
Semikron Danfoss
Mitsubishi Electric
BASiC Semiconductor
Fuji Electric
SemiQ
PN Junction Semiconductor (Hangzhou)
Zhuzhou CRRC Times Electric
InventChip Technology
Microchip (Microsemi)
CETC 55
Toshiba
WeEn Semiconductors
Littelfuse (IXYS)
Renesas Electronics (Transphorm)
Yangzhou Yangjie Electronic Technology
Vishay Intertechnology
China Resources Microelectronics Limited
Nexperia
SK powertech
Texas Instruments
Alpha & Omega Semiconductor
SanRex
StarPower
Changzhou Galaxy Century Microelectronics
GE Aerospace
Hangzhou Silan Microelectronics
KEC
PANJIT Group
Diodes Incorporated
Cissoid
Segment by Type
GaN Power Semiconductors
SiC Power Semiconductors
Segment by Application
Automotive & Mobility
EV Charging
Consumer Electronics
Industrial Motor/Drive
PV, Energy Storage, Wind Power
UPS, Data Center & Server
Rail Transport
Defense & Aerospace
Others
This information will help stakeholders make informed decisions and develop effective strategies for growth. The report’s analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market’s dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
Each chapter of the report provides detailed information for readers to further understand the GaN and SiC Power Device market:
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Two: Detailed analysis of GaN and SiC Power Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of GaN and SiC Power Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Table of Contents
1 GaN and SiC Power Device Market Overview
1.2 GaN and SiC Power Device Market by Type
1.3 Global GaN and SiC Power Device Market Size by Type
1.4 Key Regions Market Size by Type
1.4.1 North America GaN and SiC Power Device Sales Breakdown by Type (2021-2026)
1.4.2 Europe GaN and SiC Power Device Sales Breakdown by Type (2021-2026)
1.4.3 Asia-Pacific GaN and SiC Power Device Sales Breakdown by Type (2021-2026)
1.4.4 Latin America GaN and SiC Power Device Sales Breakdown by Type (2021-2026)
1.4.5 Middle East and Africa GaN and SiC Power Device Sales Breakdown by Type (2021-2026)
2 GaN and SiC Power Device Market Competition by Company
2.1 Global Top Players by GaN and SiC Power Device Sales (2021-2026)
2.2 Global Top Players by GaN and SiC Power Device Revenue (2021-2026)
2.3 Global Top Players by GaN and SiC Power Device Price (2021-2026)
2.4 Global Top Manufacturers GaN and SiC Power Device Manufacturing Base Distribution, Sales Area, Product Type
2.5 GaN and SiC Power Device Market Competitive Situation and Trends
2.5.1 GaN and SiC Power Device Market Concentration Rate (2021-2026)
2.5.2 Global 5 and 10 Largest Manufacturers by GaN and SiC Power Device Sales and Revenue in 2025
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in GaN and SiC Power Device as of 2025)
2.7 Date of Key Manufacturers Enter into GaN and SiC Power Device Market
2.8 Key Manufacturers GaN and SiC Power Device Product Offered
2.9 Mergers & Acquisitions, Expansion
3 GaN and SiC Power Device Status and Outlook by Region
3.1 Global GaN and SiC Power Device Market Size and CAGR by Region: 2021 VS 2025 VS 2032
3.2 Global GaN and SiC Power Device Historic Market Size by Region
3.3 Global GaN and SiC Power Device Forecasted Market Size by Region
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