Silicon Carbide for EV Market

Silicon Carbide for EV Market [Application: Traction Inverter, DC-DC Converter, and On-board Charger (OBC); and Component: SiC Power Modules, SiC Transistors (MOSFET), and SiC Diodes] - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2034

Silicon Carbide for EV Market Outlook 2034

  • The global industry was valued at US$ 879.3 Mn in 2023
  • It is estimated to advance at a CAGR of 11.9% from 2024 to 2034 and reach US$ 3.0 Bn by the end of 2034

Analyst Viewpoint

Surge in adoption of electric vehicles (EVs) worldwide, induced by environmental concerns and government regulations aimed at reducing carbon emissions, is propelling the demand for high-performance and efficient power electronics.

Major players in the global silicon carbide for EV market are concentrating on improving the efficiency of silicon carbide equipped components, which play a crucial role in electric powertrain technology.

Silicon carbide, with its superior electrical properties such as higher thermal conductivity and lower on-resistance compared to traditional silicon-based semiconductors, is emerging as a preferred choice for power electronics in EVs.

Furthermore, the growth in focus on enhancing driving range and reducing charging time of EVs is fueling the demand for SiC-based components such as power modules and inverters, which enable faster charging and improve overall vehicle efficiency.

Market Overview

The global market for silicon carbide (SiC) in electric vehicles has experienced potential growth in recent years, driven by the surge in demand for more efficient and high-performance power electronics in EV drivetrains.

Silicon carbide's exceptional properties, including high thermal conductivity, superior breakdown electric field strength, and high temperature operation capabilities, make it an ideal material for power semiconductor devices.

As the automotive industry transitions toward electrification, SiC technology is becoming increasingly vital to enhance the efficiency and performance of EV powertrains.

SiC-based power devices, such as MOSFETs (Metal-Oxide-Semiconductor Field-Effect Transistors) and diodes, offer lower switching losses and reduced conduction losses compared to traditional silicon-based components.

This translates to improved energy efficiency and extended driving range for electric vehicles, addressing critical concerns of both automakers and consumers. The increase in demand for electric and hybrid electric vehicles across the globe is fueling the silicon carbide market size for EV.

Attribute Detail
Drivers
  • Efficiency of Silicon Carbide
  • Extension of Electric Vehicles Lifespan

Efficiency of Silicon Carbide Bolstering Silicon Carbide Industry Growth for EV

Efficiency drives the demand for silicon carbide (SiC) technology in the electric vehicle (EV) sector. SiC has intrinsic properties such as high thermal conductivity and low power losses, which allow it to operate more efficiently than traditional silicon-based components.

In EV powertrains, SiC-based power electronics including inverters and converters minimize energy wastage during the conversion of electrical energy to propulsion, resulting in higher overall system efficiency.

This increase in efficiency leads to extended driving range for EVs, which addresses a critical concern among consumers and reinforces the appeal of electric mobility as a viable alternative to internal combustion engine vehicles.

Additionally, SiC's superior efficiency reduces heat generation during operation, thus lessening the burden on cooling systems within EVs. This reduction in thermal management requirements not only enhances energy efficiency but also enables more compact and lightweight vehicle designs.

The efficiency gains offered by SiC technology also extend to charging infrastructure, where SiC-based chargers enable faster charging times for EV batteries.

As the demand for electric vehicles continues to rise due to concerns over climate change and air quality, the efficiency advantages of SiC technology positions it as a key enabler of the transition to sustainable transportation solutions and is an important factor driving silicon carbide market demand for EV.

Extension of Electric Vehicles Lifespan

Silicon carbide (SiC) technology is crucial for improving the lifespan of electric vehicles by providing better reliability and durability compared to traditional silicon-based components. SiC operates efficiently at higher temperatures, reducing the risk of thermal degradation and enhancing the overall reliability of EV systems.

This allows SiC-based power electronics to withstand tough automotive environments and prolonged operation without experiencing performance degradation or failure, thereby extending the lifespan of critical components within the vehicle's propulsion and charging systems and enhancing the silicon carbide market value for EV.

Besides, SiC's durability leads to lower maintenance requirements and reduced downtime for EV owners. With fewer failures and longer intervals between servicing, SiC-based EVs offer superior operational efficiency and lower total cost of ownership during their lifespan.

This reliability advantage is especially significant in the context of electric mobility, where vehicle downtime due to maintenance or repairs can impact productivity and user experience.

As the EV market continues to mature, and demand for reliable, long-lasting vehicles grows, SiC technology emerges as a key enabler of sustainable transportation solutions with enhanced lifespan and durability, driving the silicon carbide market revenue for EV.

High Demand for On-board Chargers

Based on application, the silicon carbide market segmentation for EV includes traction inverter, DC-DC converter, and on-board charger (OBC). The on-board charger segment dominated the market owing to the exceptional properties of silicon carbide (SiC), such as high thermal conductivity and wide bandgap.

These properties make SiC an ideal material for on-board chargers (OBCs) in electric vehicles, where efficiency and power density are crucial. OBCs are responsible for converting alternating current (AC) from the grid into direct current (DC) to charge the vehicle's battery pack.

SiC Power Modules Gaining Traction and Driving Market Statistics

As per the silicon carbide market report for EV, based on component, SiC power modules dominate the market. SiC power modules are the major consumer of silicon carbide in electric vehicles, owing to their comprehensive integration of power semiconductor devices into a single package.

These modules typically combine SiC MOSFETs, SiC diodes, and other necessary components including gate drivers and protection circuitry, offering a complete and efficient solution for power electronics in electric vehicles.

Companies such as Infineon and ROHM Semiconductor offer SiC power modules specifically designed for electric vehicle applications, providing automotive manufacturers with ready-to-use solutions for their power conversion needs.

Regional Outlook of Silicon Carbide Industry for EV

Attribute Detail
Leading Region Asia Pacific

The silicon carbide market analysis for EV reveals that Asia Pacific holds major share in the global landscape. Asia Pacific is home to some of the world's largest and most rapidly growing electric vehicle (EV) markets, including China, Japan, and South Korea.

These countries have been aggressively promoting the adoption of electric vehicles through various incentives, subsidies, and regulations aimed at reducing air pollution and greenhouse gas emissions.

This results in substantial demand for advanced technologies such as silicon carbide, which is essential to enhance the performance and efficiency of electric drivetrains in vehicles produced and sold in the region.

Additionally, China and Japan have robust automotive and semiconductor industries with significant expertise and investment in electric vehicle technology.

Many leading SiC semiconductor manufacturers are based in Asia Pacific, supplying a wide range of SiC-based products to EV manufacturers worldwide, thus boosting the region’s silicon carbide market share for EV.

Analysis of Key Players

According to the silicon carbide industry report for EV, several key players are actively shaping the industry through innovative technologies, strategic partnerships, and disruptive business models.

Infineon Technologies AG, STMicroelectronics, ON Semiconductor, ROHM Semiconductor, Microchip Technology Inc., Mitsubishi Electric Corporation, Renesas Electronics Corporation, Toshiba Corporation, NXP Semiconductors, United Silicon Carbide, Inc., Littelfuse, Inc., Monolith Semiconductor Inc., GeneSiC Semiconductor Inc., Navitas Semiconductor, Wolfspeed Inc., Analog Devices, Inc., Panasonic Corporation, and Power Integrations are the prominent silicon carbide market manufacturers for EV.

Key Developments

  • In May 2024, STMicroelectronics, a prominent semiconductor provider company, catering to a wide array of electronics applications, revealed plans for a new large-scale 200mm silicon carbide manufacturing facility in Catania, Italy. This facility will focus on producing power devices and modules, alongside conducting testing and packaging operations.
  • In July 2023, Infineon Technologies AG unveiled two fresh additions to its EXCELON F-RAM product line, featuring memory capacities of 1Mbit and 4Mbit. These new devices, which belong to the automotive-grade AEC-Q100 Grade 1 category, offer support for a wider temperature range (-40°C to +125°C), owing to silicon carbide integration. They enhance the existing range of automotive F-RAM offerings from 4Kbit to 16Mbit densities.
  • In September 2022, ON Semiconductor Corporation introduced a trio of automotive silicon carbide-based power modules designed for on-board chargers and high voltage (HV) DCDC conversion in various types of electric vehicles (xEV).

Each of these players has been profiled in the silicon carbide market research report for EV based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Silicon Carbide for EV Market Snapshot

Attribute Detail
Market Size Value in 2023 US$ 879.3 Mn
Market Forecast Value in 2034 US$ 3.0 Bn
Growth Rate (CAGR) 11.9%
Forecast Period 2024-2034
Historical Data Available for 2020-2022
Quantitative Units US$ Mn/Bn for Value
Market Analysis It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape
  • Market share analysis by company (2023)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials
Format Electronic (PDF) + Excel
Market Segmentation
  • Application
    • Traction Inverter
    • DC-DC Converter
    • On-board Charger (OBC)
  • Component
    • SiC Power Modules
    • SiC Transistors (MOSFET)
    • SiC Diodes
  • Vehicle Type
    • Two Wheelers
    • Passenger Cars
      • Hatchback
      • Sedan
      • SUVs
    • Light Commercial Vehicles
    • Heavy Duty Trucks
    • Buses and Coaches
  • Propulsion
    • Battery Electric Vehicles (BEVs)
    • Hybrid Electric Vehicles (HEVs)
    • Plug-in Hybrid Electric Vehicles (PHEVs)
  • Voltage
    • Up to 650 V
    • 650 V - 800 V
    • More than 800 V
Regions Covered
  • North America
  • Central and South America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Countries Covered
  • USA
  • Canada
  • Mexico
  • Brazil
  • Argentina
  • Rest of Central and South America
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia & CIS
  • Netherlands
  • Nordic Countries
  • Rest of Europe
  • China
  • India
  • Japan
  • Indonesia
  • Malaysia
  • Philippines
  • Vietnam
  • South Korea
  • ANZ
  • Rest of Asia Pacific
  • Turkey
  • Saudi Arabia
  • UAE
  • Israel
  • Kuwait
  • Egypt
  • Morocco
  • South Africa
  • Nigeria
  • Rest of Middle East & Africa
Companies Profiled
  • Infineon Technologies AG
  • STMicroelectronics
  • ON Semiconductor
  • ROHM Semiconductor
  • Microchip Technology Inc.
  • Mitsubishi Electric Corporation
  • Renesas Electronics Corporation
  • Toshiba Corporation
  • NXP Semiconductors
  • United Silicon Carbide, Inc.
  • Littelfuse, Inc.
  • Monolith Semiconductor Inc.
  • GeneSiC Semiconductor Inc.
  • Navitas Semiconductor
  • Wolfspeed Inc.
  • Analog Devices, Inc.
  • Panasonic Corporation
  • Power Integrations
  • Other Key Players
Customization Scope Available upon request
Pricing Available upon request

Frequently Asked Questions

How big was the silicon carbide for EV market in 2023?

It was valued at US$ 879.3 Mn in 2023

How is the silicon carbide industry for EV expected to grow by 2034?

It is expected to advance at a CAGR of 11.9% by 2034

How much worth will the silicon carbide business for EV be in 2034?

It is projected to be worth US$ 3.0 Bn by the end of 2034

Which key trends are driving the demand for silicon carbide for EV?

Technological advancements in battery management systems and ADAS features- equipped vehicles

Which segment accounts for largest share in the silicon carbide sector for EV?

Based on component, the SiC power modules segment is dominant

Which region is most lucrative in the silicon carbide landscape for EV?

Asia Pacific is the most lucrative region

Who are the prominent silicon carbide players for EV?

Infineon Technologies AG, STMicroelectronics, ON Semiconductor, ROHM Semiconductor, Microchip Technology Inc., Mitsubishi Electric Corporation, Renesas Electronics Corporation, Toshiba Corporation, NXP Semiconductors, United Silicon Carbide, Inc., Littelfuse, Inc., Monolith Semiconductor Inc., GeneSiC Semiconductor Inc., Navitas Semiconductor, Wolfspeed Inc., Analog Devices, Inc., Panasonic Corporation, and Power Integrations

    1. Executive Summary: Global Silicon Carbide for EV Market

        1.1. Global Market Outlook

            1.1.1. Market Size, Value (US$ Mn), 2020-2034

        1.2. Key Facts and Figures

        1.3. Go to Market Strategy

            1.3.1. Demand & Supply Side Trends

            1.3.2. Identification of Potential Market Spaces

            1.3.3. Preferred Sales & Marketing Strategy

            1.3.4. Growth Opportunity Analysis

        1.4. TMR Analysis and Recommendations

    2. Market Overview

        2.1. Market Segmentation/ Taxonomy

        2.2. Market Definitions

        2.3. Key Trend Analysis

        2.4. Market Dynamics (Growth Influencers)

            2.4.1. Drivers

            2.4.2. Restraints

            2.4.3. Opportunities

        2.5. Porter’s Five Forces Analysis

        2.6. Industry SWOT Analysis

        2.7. Regulatory Framework

        2.8. Ecosystem/Value Chain Analysis

            2.8.1. List of Raw Material Suppliers

            2.8.2. Component Manufacturers

            2.8.3. List of End-users

        2.9. Global Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034

        2.10. Pricing Model Analysis/ Price Trend Analysis

        2.11. Market Opportunity Assessment - by Region

            2.11.1. By Application

            2.11.2. By Component

            2.11.3. By Vehicle Type

            2.11.4. By Propulsion

            2.11.5. By Voltage

        2.12. Impact Factors

            2.12.1. Electric Vehicle Sales Rate

            2.12.2. Consumer Preferences and Trends

            2.12.3. Environmental Impacts

    3. Global Silicon Carbide for EV Market Analysis, by Application

        3.1. Overview and Definitions

        3.2. Key Segment Analysis

        3.3. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Application, 2020-2034

            3.3.1. Traction Inverter

            3.3.2. DC-DC Converter

            3.3.3. On-Board Charger (OBC)

    4. Global Silicon Carbide for EV Market Analysis, by Component

        4.1. Overview and Definitions

        4.2. Key Segment Analysis

        4.3. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Component, 2020-2034

            4.3.1. SiC Power Modules

            4.3.2. SiC Transistors (MOSFET)

            4.3.3. SiC Diodes

    5. Global Silicon Carbide for EV Market Analysis, by Vehicle Type

        5.1. Key Segment Analysis

        5.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Vehicle Type, 2020-2034

            5.2.1. Two Wheelers

            5.2.2. Passenger Cars

                5.2.2.1. Hatchback

                5.2.2.2. Sedan

                5.2.2.3. SUVs

            5.2.3. Light Commercial Vehicles

            5.2.4. Heavy Duty Trucks

            5.2.5. Buses and Coaches

    6. Global Silicon Carbide for EV Market Analysis, by Propulsion

        6.1. Key Segment Analysis

        6.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Propulsion, 2020-2034

            6.2.1. Battery Electric Vehicles (BEVs)

            6.2.2. Hybrid Electric Vehicles (HEVs)

            6.2.3. Plug-in Hybrid Electric Vehicles (PHEVs)

    7. Global Silicon Carbide for EV Market Analysis, by Voltage

        7.1. Key Segment Analysis

        7.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Voltage, 2020-2034

            7.2.1. Up to 650 V

            7.2.2. 650 V - 800 V

            7.2.3. More than 800 V

    8. Global Silicon Carbide for EV Market Analysis and Forecasts, by Region

        8.1. Key Findings

        8.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Region, 2020-2034

            8.2.1. North America

            8.2.2. Central and South America

            8.2.3. Europe

            8.2.4. Asia Pacific

            8.2.5. Middle East & Africa

    9. North America Silicon Carbide for EV Market Analysis and Forecast

        9.1. Regional Outlook

        9.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034

            9.2.1. By Application

            9.2.2. By Component

            9.2.3. By Vehicle Type

            9.2.4. By Propulsion

            9.2.5. By Voltage

            9.2.6. By Country

                9.2.6.1. USA

                9.2.6.2. Canada

                9.2.6.3. Mexico

    10. Central and South America Silicon Carbide for EV Market Analysis and Forecast

        10.1. Regional Outlook

        10.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034

            10.2.1. By Application

            10.2.2. By Component

            10.2.3. By Vehicle Type

            10.2.4. By Propulsion

            10.2.5. By Voltage

            10.2.6. By Country

                10.2.6.1. Brazil

                10.2.6.2. Argentina

                10.2.6.3. Chile

                10.2.6.4. Colombia

                10.2.6.5. Peru

                10.2.6.6. Central America

                10.2.6.7. Rest of Central and South America

    11. Europe Silicon Carbide for EV Market Analysis and Forecast

        11.1. Regional Outlook

        11.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034

            11.2.1. By Application

            11.2.2. By Component

            11.2.3. By Vehicle Type

            11.2.4. By Propulsion

            11.2.5. By Voltage

            11.2.6. By Country

                11.2.6.1. Germany

                11.2.6.2. UK

                11.2.6.3. France

                11.2.6.4. Italy

                11.2.6.5. Spain

                11.2.6.6. Russia & CIS

                11.2.6.7. Poland

                11.2.6.8. Netherlands

                11.2.6.9. Nordic Countries

                11.2.6.10. Rest of Europe

    12. Asia Pacific Silicon Carbide for EV Market Analysis and Forecast

        12.1. Regional Outlook

        12.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034

            12.2.1. By Application

            12.2.2. By Component

            12.2.3. By Vehicle Type

            12.2.4. By Propulsion

            12.2.5. By Voltage

            12.2.6. By Country

                12.2.6.1. China

                12.2.6.2. India

                12.2.6.3. Japan

                12.2.6.4. Indonesia

                12.2.6.5. Malaysia

                12.2.6.6. Philippines

                12.2.6.7. Vietnam

                12.2.6.8. South Korea

                12.2.6.9. ANZ

                12.2.6.10. Rest of Asia Pacific

    13. Middle East & Africa Silicon Carbide for EV Market Analysis and Forecast

        13.1. Regional Outlook

        13.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034

            13.2.1. By Application

            13.2.2. By Component

            13.2.3. By Vehicle Type

            13.2.4. By Propulsion

            13.2.5. By Voltage

            13.2.6. By Country

                13.2.6.1. Turkey

                13.2.6.2. Saudi Arabia

                13.2.6.3. UAE

                13.2.6.4. Israel

                13.2.6.5. Kuwait

                13.2.6.6. Egypt

                13.2.6.7. Morocco

                13.2.6.8. South Africa

                13.2.6.9. Nigeria

                13.2.6.10. Rest of Middle East & Africa

    14. Competitive Landscape

        14.1. List of Key Players

        14.2. Company Profile/ Analysis

        14.3. Revenue Share Analysis

        14.4. Product/ Service/ Propulsion Category for Key Players

        14.5. Competitive Dashboard Analysis

            14.5.1. Market Competition Matrix, by Key Players

        14.6. Competitive Scenario

    15. Company Profiles

        15.1. Infineon Technologies AG

            15.1.1. Company Overview

            15.1.2. Company Footprints

            15.1.3. Product/Service Portfolio

            15.1.4. Competitors & Customers

            15.1.5. Subsidiaries & Parent Organization

            15.1.6. Recent Developments

            15.1.7. Financial Analysis

        15.2. STMicroelectronics

            15.2.1. Company Overview

            15.2.2. Company Footprints

            15.2.3. Product/Service Portfolio

            15.2.4. Competitors & Customers

            15.2.5. Subsidiaries & Parent Organization

            15.2.6. Recent Developments

            15.2.7. Financial Analysis

        15.3. ON Semiconductor

            15.3.1. Company Overview

            15.3.2. Company Footprints

            15.3.3. Product/Service Portfolio

            15.3.4. Competitors & Customers

            15.3.5. Subsidiaries & Parent Organization

            15.3.6. Recent Developments

            15.3.7. Financial Analysis

        15.4. ROHM Semiconductor

            15.4.1. Company Overview

            15.4.2. Company Footprints

            15.4.3. Product/Service Portfolio

            15.4.4. Competitors & Customers

            15.4.5. Subsidiaries & Parent Organization

            15.4.6. Recent Developments

            15.4.7. Financial Analysis

        15.5. Microchip Technology Inc.

            15.5.1. Company Overview

            15.5.2. Company Footprints

            15.5.3. Product/Service Portfolio

            15.5.4. Competitors & Customers

            15.5.5. Subsidiaries & Parent Organization

            15.5.6. Recent Developments

            15.5.7. Financial Analysis

        15.6. Mitsubishi Electric Corporation

            15.6.1. Company Overview

            15.6.2. Company Footprints

            15.6.3. Product/Service Portfolio

            15.6.4. Competitors & Customers

            15.6.5. Subsidiaries & Parent Organization

            15.6.6. Recent Developments

            15.6.7. Financial Analysis

        15.7. Renesas Electronics Corporation

            15.7.1. Company Overview

            15.7.2. Company Footprints

            15.7.3. Product/Service Portfolio

            15.7.4. Competitors & Customers

            15.7.5. Subsidiaries & Parent Organization

            15.7.6. Recent Developments

            15.7.7. Financial Analysis

        15.8. Toshiba Corporation

            15.8.1. Company Overview

            15.8.2. Company Footprints

            15.8.3. Product/Service Portfolio

            15.8.4. Competitors & Customers

            15.8.5. Subsidiaries & Parent Organization

            15.8.6. Recent Developments

            15.8.7. Financial Analysis

        15.9. NXP Semiconductors

            15.9.1. Company Overview

            15.9.2. Company Footprints

            15.9.3. Product/Service Portfolio

            15.9.4. Competitors & Customers

            15.9.5. Subsidiaries & Parent Organization

            15.9.6. Recent Developments

            15.9.7. Financial Analysis

        15.10. United Silicon Carbide, Inc.

            15.10.1. Company Overview

            15.10.2. Company Footprints

            15.10.3. Product/Service Portfolio

            15.10.4. Competitors & Customers

            15.10.5. Subsidiaries & Parent Organization

            15.10.6. Recent Developments

            15.10.7. Financial Analysis

        15.11. Littelfuse, Inc.

            15.11.1. Company Overview

            15.11.2. Company Footprints

            15.11.3. Product/Service Portfolio

            15.11.4. Competitors & Customers

            15.11.5. Subsidiaries & Parent Organization

            15.11.6. Recent Developments

            15.11.7. Financial Analysis

        15.12. Monolith Semiconductor Inc.

            15.12.1. Company Overview

            15.12.2. Company Footprints

            15.12.3. Product/Service Portfolio

            15.12.4. Competitors & Customers

            15.12.5. Subsidiaries & Parent Organization

            15.12.6. Recent Developments

            15.12.7. Financial Analysis

        15.13. GeneSiC Semiconductor Inc.

            15.13.1. Company Overview

            15.13.2. Company Footprints

            15.13.3. Product/Service Portfolio

            15.13.4. Competitors & Customers

            15.13.5. Subsidiaries & Parent Organization

            15.13.6. Recent Developments

            15.13.7. Financial Analysis

        15.14. Navitas Semiconductor

            15.14.1. Company Overview

            15.14.2. Company Footprints

            15.14.3. Product/Service Portfolio

            15.14.4. Competitors & Customers

            15.14.5. Subsidiaries & Parent Organization

            15.14.6. Recent Developments

            15.14.7. Financial Analysis

        15.15. Wolfspeed Inc.

            15.15.1. Company Overview

            15.15.2. Company Footprints

            15.15.3. Product/Service Portfolio

            15.15.4. Competitors & Customers

            15.15.5. Subsidiaries & Parent Organization

            15.15.6. Recent Developments

            15.15.7. Financial Analysis

        15.16. Analog Devices, Inc.

            15.16.1. Company Overview

            15.16.2. Company Footprints

            15.16.3. Product/Service Portfolio

            15.16.4. Competitors & Customers

            15.16.5. Subsidiaries & Parent Organization

            15.16.6. Recent Developments

            15.16.7. Financial Analysis

        15.17. Panasonic Corporation

            15.17.1. Company Overview

            15.17.2. Company Footprints

            15.17.3. Product/Service Portfolio

            15.17.4. Competitors & Customers

            15.17.5. Subsidiaries & Parent Organization

            15.17.6. Recent Developments

            15.17.7. Financial Analysis

        15.18. Power Integrations

            15.18.1. Company Overview

            15.18.2. Company Footprints

            15.18.3. Product/Service Portfolio

            15.18.4. Competitors & Customers

            15.18.5. Subsidiaries & Parent Organization

            15.18.6. Recent Developments

            15.18.7. Financial Analysis

        15.19. Other Key Players

            15.19.1. Company Overview

            15.19.2. Company Footprints

            15.19.3. Product/Service Portfolio

            15.19.4. Competitors & Customers

            15.19.5. Subsidiaries & Parent Organization

            15.19.6. Recent Developments

            15.19.7. Financial Analysis

    List of Tables

    Figure 01: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Figure 02: Global Silicon Carbide for EV Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034

    Figure 03: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Figure 04: Global Silicon Carbide for EV Market, Incremental Opportunity, by Component, Value (US$ Mn), 2024-2034

    Figure 05: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Figure 06: Global Silicon Carbide for EV Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2024-2034

    Figure 07: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Speaker Propulsion, 2020-2034

    Figure 08: Global Silicon Carbide for EV Market, Incremental Opportunity, by Speaker Propulsion, Value (US$ Mn), 2024-2034

    Figure 09: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Figure 10: Global Silicon Carbide for EV Market, Incremental Opportunity, by Voltage, Value (US$ Mn), 2024-2034

    Figure 11: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Region, 2020-2034

    Figure 12: Global Silicon Carbide for EV Market, Incremental Opportunity, by Region, Value (US$ Mn), 2024-2034

    Figure 13: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Figure 14: North America Silicon Carbide for EV Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034

    Figure 15: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Figure 16: North America Silicon Carbide for EV Market, Incremental Opportunity, by Component, Value (US$ Mn), 2024-2034

    Figure 17: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Figure 18: North America Silicon Carbide for EV Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2024-2034

    Figure 19: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Speaker Propulsion, 2020-2034

    Figure 20: North America Silicon Carbide for EV Market, Incremental Opportunity, by Speaker Propulsion, Value (US$ Mn), 2024-2034

    Figure 21: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Figure 22: North America Silicon Carbide for EV Market, Incremental Opportunity, by Voltage, Value (US$ Mn), 2024-2034

    Figure 23: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Country, 2020-2034

    Figure 24: North America Silicon Carbide for EV Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034

    Figure 25: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Figure 26: Central and South America Silicon Carbide for EV Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034

    Figure 27: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Figure 28: Central and South America Silicon Carbide for EV Market, Incremental Opportunity, by Component, Value (US$ Mn), 2024-2034

    Figure 29: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Figure 30: Central and South America Silicon Carbide for EV Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2024-2034

    Figure 31: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Speaker Propulsion, 2020-2034

    Figure 32: Central and South America Silicon Carbide for EV Market, Incremental Opportunity, by Speaker Propulsion, Value (US$ Mn), 2024-2034

    Figure 33: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Figure 34: Central and South America Silicon Carbide for EV Market, Incremental Opportunity, by Voltage, Value (US$ Mn), 2024-2034

    Figure 35: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Country, 2020-2034

    Figure 36: Central and South America Silicon Carbide for EV Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034

    Figure 37: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Figure 38: Europe Silicon Carbide for EV Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034

    Figure 39: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Figure 40: Europe Silicon Carbide for EV Market, Incremental Opportunity, by Component, Value (US$ Mn), 2024-2034

    Figure 41: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Figure 42: Europe Silicon Carbide for EV Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2024-2034

    Figure 43: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Speaker Propulsion, 2020-2034

    Figure 44: Europe Silicon Carbide for EV Market, Incremental Opportunity, by Speaker Propulsion, Value (US$ Mn), 2024-2034

    Figure 45: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Figure 46: Europe Silicon Carbide for EV Market, Incremental Opportunity, by Voltage, Value (US$ Mn), 2024-2034

    Figure 47: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Country, 2020-2034

    Figure 48: Europe Silicon Carbide for EV Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034

    Figure 49: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Figure 50: Asia Pacific Silicon Carbide for EV Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034

    Figure 51: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Figure 52: Asia Pacific Silicon Carbide for EV Market, Incremental Opportunity, by Component, Value (US$ Mn), 2024-2034

    Figure 53: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Figure 54: Asia Pacific Silicon Carbide for EV Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2024-2034

    Figure 55: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Speaker Propulsion, 2020-2034

    Figure 56: Asia Pacific Silicon Carbide for EV Market, Incremental Opportunity, by Speaker Propulsion, Value (US$ Mn), 2024-2034

    Figure 57: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Figure 58: Asia Pacific Silicon Carbide for EV Market, Incremental Opportunity, by Voltage, Value (US$ Mn), 2024-2034

    Figure 59: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Country, 2020-2034

    Figure 60: Asia Pacific Silicon Carbide for EV Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034

    Figure 61: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Figure 62: Middle East & Africa Silicon Carbide for EV Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034

    Figure 63: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Figure 64: Middle East & Africa Silicon Carbide for EV Market, Incremental Opportunity, by Component, Value (US$ Mn), 2024-2034

    Figure 65: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Figure 66: Middle East & Africa Silicon Carbide for EV Market, Incremental Opportunity, by Vehicle Type, Value (US$ Mn), 2024-2034

    Figure 67: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Speaker Propulsion, 2020-2034

    Figure 68: Middle East & Africa Silicon Carbide for EV Market, Incremental Opportunity, by Speaker Propulsion, Value (US$ Mn), 2024-2034

    Figure 69: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Figure 70: Middle East & Africa Silicon Carbide for EV Market, Incremental Opportunity, by Voltage, Value (US$ Mn), 2024-2034

    Figure 71: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Country, 2020-2034

    Figure 72: Middle East & Africa Silicon Carbide for EV Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034

    List of Figures

    Table 01: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Table 02: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Table 03: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Table 04: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Propulsion, 2020-2034

    Table 05: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Table 06: Global Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Region, 2020-2034

    Table 07: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Table 08: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Table 09: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Table 10: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Propulsion, 2020-2034

    Table 11: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Table 12: North America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Country, 2020-2034

    Table 13: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Table 14: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Table 15: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Table 16: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Propulsion, 2020-2034

    Table 17: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Table 18: Central and South America Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Country, 2020-2034

    Table 19: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Table 20: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Table 21: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Table 22: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Propulsion, 2020-2034

    Table 23: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Table 24: Europe Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Country, 2020-2034

    Table 25: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Table 26: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Table 27: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Table 28: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Propulsion, 2020-2034

    Table 29: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Table 30: Asia Pacific Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Country, 2020-2034

    Table 31: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Application, 2020-2034

    Table 32: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Component, 2020-2034

    Table 33: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Vehicle Type, 2020-2034

    Table 34: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Propulsion, 2020-2034

    Table 35: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Voltage, 2020-2034

    Table 36: Middle East & Africa Silicon Carbide for EV Market Revenue (US$ Mn) Forecast, by Country, 2020-2034

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