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Wide Bandgap Semiconductors Market by Material (Silicon Carbide (SiC), Gallium Nitride (GaN), Diamond, Gallium Oxide, and Aluminum Nitride (AIN)), and Application (Data Centers, Renewable Energy Generation, Hybrid & Electric Vehicles, and Motor Drives): Global Opportunity Analysis and Industry Forecast, 2019–2026

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Dec 2019 | 62 Views
 
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Wide Bandgap Semiconductors Market Outlook - 2026

Wide-bandgap semiconductors are semiconductor materials that have a comparatively large band gap than conventional semiconductors. Conventional semiconductors like silicon have a bandgap in the range of 1–1.5 eV, whereas wide-bandgap materials have bandgaps in the range of 2–4 eV. Generally, wide-bandgap semiconductors have electronic properties that fall in between those of conventional semiconductors and insulators. The wide-bandgap semiconductor material offers the devices with the facility of operating in high voltages, high temperatures, and frequencies. 

The wide-bandgap semiconductors are mainly used for making the blue & green LEDs and lasers. They are mainly employed for extending the battery life of the electronic gadgets such as the notebooks, portable media players, desktop computers, flat panel displays, and smartphones, and it is also used for improving the power efficiency of the gadgets. As the demand of these electronic devices is increasing rapidly, the demand for the wide bandgap semiconductors market is also increasing. The wide-bandgap semiconductors are also used for producing the ultraviolet LEDs that have the wavelength of 200–250 nm. The wide bandgap is particularly important for allowing devices that use them to operate at much higher temperatures, on the order of 300°C. This makes them highly attractive for military applications, where they have seen a fair amount of use. Some of the other applications of wide-bandgap semiconductors are that they are used for making blue lasers and LEDs. 

In the power electronics, wide bandgap semiconductors of gallium nitride and silicon carbide are used as a solution to slow-down the silicon in the high temperature and high-power segments. Hence, with the increase in demand for LEDs, the demand for the wide bandage semiconductors is also increasing. However, high manufacturing cost of wide bandgap semiconductor hinders the growth of the wide bandage semiconductors market. There are several players in the market and innovation and development in the wide bandgap semiconductors are observed. For instance, Mitsubishi Electric has developed the SBS-embedded MOSFET, which is a key-enabling technology for efficient and economical higher-voltage SiC technology.

The significant impacting factors for wide bandgap semiconductors market growth include growing demand for the improvement of power efficiency in electronic and electrical gadgets and rise in demand for the batteries with extended battery life. In addition, the restraining factor by which the market is influenced includes high cost of manufacturing of wide bandgap semiconductor. Each of these factors is anticipated to have a definite impact on the wide bandgap semiconductors market during the forecast period. 

The wide bandgap semiconductors market is segmented based on material, application and region. Based on material, the market is categorized into silicon carbide (SiC), gallium nitride (GaN), diamond, gallium oxide, and aluminum nitride (AIN). By application, it is categorized into data centers, renewable energy generation, hybrid and electric vehicles, and motor drives. Based on region, the market is analyzed across Europe, Asia-Pacific, North America, and LAMEA.

The major companies profiled in the global wide bandgap semiconductors market share include Infineon Technologies Cree, Transphorm, ROHM Semiconductor, Texas Instruments, STMicroelectronics, GaN Systems, Microsemi Corporation, United Silicon Carbide, Exagan, Qorvo, and others.

KEY BENEFITS FOR STAKEHOLDERS

  • This study comprises analytical depiction of the wide bandgap semiconductors market trends with current trends and future estimations to depict the imminent investment pockets.
  • The overall potential is determined to understand the profitable trends to gain a stronger foothold in the global wide bandgap semiconductors industry.
  • The wide bandgap semiconductors market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current wide bandgap semiconductors wide bandgap semiconductors market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

KEY MARKET SEGMENTS

By Material

  • Silicon Carbide (SiC)
  • Gallium Nitride (GaN)
  • Diamond
  • Gallium Oxide
  • Aluminum Nitride (AIN)

By Application

  • Data Centers
  • Renewable Energy Generation
  • Hybrid & Electric Vehicles
  • Motor Drives 

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

KEY MARKET PLAYERS PROFILED 

  • Sony Corporation
  • LG Display Co. Ltd.
  • Samsung Electronics Co. Ltd
  • Sharp Corporation
  • 3M Company
  • Nanosys Inc.
  • Quantum Materials Corporation
  • Microvision Inc.
  • Evident Technologies Inc.
  • QD Vision Inc.
 

   

 
 
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