Global Automotive SiC Power Modules Supply, Demand and Key Producers, 2026-2032

The global Automotive SiC Power Modules market size is expected to reach $ 7897 million by 2032, rising at a market growth of 18.0% CAGR during the forecast period (2026-2032).

This report studies the Silicon Carbide (SiC) Modules for automotive. The use of SiC power semiconductors is expected to grow exponentially due to its crucial efficiency characteristics that enables cost reductions while at the same time improving system performance in a variety of applications such as automotive, EV charging, industrial motor/drive, PV, energy storage, wind power, UPS, data center & server and rail transport, etc.

The key players of SiC MOSFET modules are STMicroelectronics, Infineon, Wolfspeed, Rohm, Onsemi, BYD Semiconductor, Microchip (Microsemi), Mitsubishi Electric (Vincotech) and Semikron Danfoss, etc. The top four players hold a share over 80 percent in 2024.

Currently automotive is the largest application of SiC modules. 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.

This report studies the global Automotive SiC Power Modules production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Automotive SiC Power Modules and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Automotive SiC Power Modules that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Automotive SiC Power Modules total production and demand, 2021-2032, (K Units)

Global Automotive SiC Power Modules total production value, 2021-2032, (USD Million)

Global Automotive SiC Power Modules production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)

Global Automotive SiC Power Modules consumption by region & country, CAGR, 2021-2032 & (K Units)

U.S. VS China: Automotive SiC Power Modules domestic production, consumption, key domestic manufacturers and share

Global Automotive SiC Power Modules production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)

Global Automotive SiC Power Modules production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

Global Automotive SiC Power Modules production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

This report profiles key players in the global Automotive SiC Power Modules market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Infineon, Mitsubishi Electric, Fuji Electric, Semikron Danfoss, Bosch, onsemi, Microchip, STMicroelectronics, BYD, StarPower, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Automotive SiC Power Modules market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Automotive SiC Power Modules Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Automotive SiC Power Modules Market, Segmentation by Type:
1200V SiC Module
750V and 900V SiC Module

Global Automotive SiC Power Modules Market, Segmentation by Application:
EV Main Inverter
EV Charging
Others

Companies Profiled:
Infineon
Mitsubishi Electric
Fuji Electric
Semikron Danfoss
Bosch
onsemi
Microchip
STMicroelectronics
BYD
StarPower
Zhuzhou CRRC Times Electric
Hangzhou Silan Microelectronics
MacMic Science & Technolog
Guangdong AccoPower Semiconductor
United Nova Technology
Grecon Semiconductor (Shanghai)
Wolfspeed
Rohm
Leadrive Technology
HAIMOSIC (SHANGHAI)
Suzhou Sko Semiconductor
Shenzhen Aishite Technology
Suzhou Xizhi Technology
Archimedes Semiconductor (Hefei)
Toshiba
BASiC Semiconductor
SanRex
Cissoid

Key Questions Answered:

1. How big is the global Automotive SiC Power Modules market?

2. What is the demand of the global Automotive SiC Power Modules market?

3. What is the year over year growth of the global Automotive SiC Power Modules market?

4. What is the production and production value of the global Automotive SiC Power Modules market?

5. Who are the key producers in the global Automotive SiC Power Modules market?

6. What are the growth factors driving the market demand? Show more