Global SiC Power Devices for Solar Inverter Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global SiC Power Devices for Solar Inverter market size was valued at US$ 105 million in 2024 and is forecast to a readjusted size of USD 438 million by 2031 with a CAGR of 22.9% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Silicon Carbide (SiC) power devices are advanced semiconductor components that leverage SiC's wide bandgap properties to deliver superior performance in high-power applications. In solar inverters, SiC devices—such as MOSFETs and Schottky diodes—offer higher voltage operation, faster switching speeds, and better thermal conductivity compared to traditional silicon-based components. These characteristics enable solar inverters to achieve higher efficiency, reduced energy losses, and more compact designs, making them ideal for residential, commercial, and industrial photovoltaic (PV) systems. SiC technology is particularly beneficial in high-voltage applications, with devices commonly rated at 1200V and 1700V, facilitating improved power density and system reliability.
The adoption of SiC power devices in solar inverters is accelerating, driven by the global push for renewable energy and the need for more efficient power conversion solutions. Technological advancements are focusing on the development of larger SiC wafers, such as the transition to 8-inch substrates, and the integration of advanced packaging techniques to enhance device performance and reduce costs. The market is witnessing significant growth, with projections indicating a substantial increase in demand for SiC-based solutions in the coming years. As governments worldwide implement stricter energy efficiency regulations and support renewable energy initiatives, SiC power devices are poised to play a critical role in the evolution of solar inverter technology, contributing to more sustainable and efficient energy systems.
This report is a detailed and comprehensive analysis for global SiC Power Devices for Solar Inverter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global SiC Power Devices for Solar Inverter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global SiC Power Devices for Solar Inverter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global SiC Power Devices for Solar Inverter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global SiC Power Devices for Solar Inverter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for SiC Power Devices for Solar Inverter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global SiC Power Devices for Solar Inverter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include STMicroelectronics, Infineon, Wolfspeed, Rohm, onsemi, BYD Semiconductor, Microchip (Microsemi), Mitsubishi Electric (Vincotech), Semikron Danfoss, Fuji Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
SiC Power Devices for Solar Inverter market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
SiC MOSFET Modules
SiC MOSFET Discretes
SiC Diode/SBD
Market segment by Application
Residential & Light Commercial Solar Systems
Industrial & Commercial Solar Systems
Major players covered
STMicroelectronics
Infineon
Wolfspeed
Rohm
onsemi
BYD Semiconductor
Microchip (Microsemi)
Mitsubishi Electric (Vincotech)
Semikron Danfoss
Fuji Electric
Navitas (GeneSiC)
Toshiba
Qorvo (UnitedSiC)
San'an Optoelectronics
Littelfuse (IXYS)
CETC 55
WeEn Semiconductors
BASiC Semiconductor
SemiQ
Diodes Incorporated
SanRex
Alpha & Omega Semiconductor
Bosch
KEC Corporation
PANJIT Group
Nexperia
Vishay Intertechnology
Zhuzhou CRRC Times Electric
China Resources Microelectronics Limited
StarPower
Yangzhou Yangjie Electronic Technology
Guangdong AccoPower Semiconductor
Changzhou Galaxy Century Microelectronics
Hangzhou Silan Microelectronics
Cissoid
SK powertech
InventChip Technology
Hebei Sinopack Electronic Technology
Oriental Semiconductor
Jilin Sino-Microelectronics
PN Junction Semiconductor (Hangzhou)
United Nova Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe SiC Power Devices for Solar Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of SiC Power Devices for Solar Inverter, with price, sales quantity, revenue, and global market share of SiC Power Devices for Solar Inverter from 2020 to 2025.
Chapter 3, the SiC Power Devices for Solar Inverter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the SiC Power Devices for Solar Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and SiC Power Devices for Solar Inverter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of SiC Power Devices for Solar Inverter.
Chapter 14 and 15, to describe SiC Power Devices for Solar Inverter sales channel, distributors, customers, research findings and conclusion.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Silicon Carbide (SiC) power devices are advanced semiconductor components that leverage SiC's wide bandgap properties to deliver superior performance in high-power applications. In solar inverters, SiC devices—such as MOSFETs and Schottky diodes—offer higher voltage operation, faster switching speeds, and better thermal conductivity compared to traditional silicon-based components. These characteristics enable solar inverters to achieve higher efficiency, reduced energy losses, and more compact designs, making them ideal for residential, commercial, and industrial photovoltaic (PV) systems. SiC technology is particularly beneficial in high-voltage applications, with devices commonly rated at 1200V and 1700V, facilitating improved power density and system reliability.
The adoption of SiC power devices in solar inverters is accelerating, driven by the global push for renewable energy and the need for more efficient power conversion solutions. Technological advancements are focusing on the development of larger SiC wafers, such as the transition to 8-inch substrates, and the integration of advanced packaging techniques to enhance device performance and reduce costs. The market is witnessing significant growth, with projections indicating a substantial increase in demand for SiC-based solutions in the coming years. As governments worldwide implement stricter energy efficiency regulations and support renewable energy initiatives, SiC power devices are poised to play a critical role in the evolution of solar inverter technology, contributing to more sustainable and efficient energy systems.
This report is a detailed and comprehensive analysis for global SiC Power Devices for Solar Inverter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global SiC Power Devices for Solar Inverter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global SiC Power Devices for Solar Inverter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global SiC Power Devices for Solar Inverter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global SiC Power Devices for Solar Inverter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for SiC Power Devices for Solar Inverter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global SiC Power Devices for Solar Inverter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include STMicroelectronics, Infineon, Wolfspeed, Rohm, onsemi, BYD Semiconductor, Microchip (Microsemi), Mitsubishi Electric (Vincotech), Semikron Danfoss, Fuji Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
SiC Power Devices for Solar Inverter market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
SiC MOSFET Modules
SiC MOSFET Discretes
SiC Diode/SBD
Market segment by Application
Residential & Light Commercial Solar Systems
Industrial & Commercial Solar Systems
Major players covered
STMicroelectronics
Infineon
Wolfspeed
Rohm
onsemi
BYD Semiconductor
Microchip (Microsemi)
Mitsubishi Electric (Vincotech)
Semikron Danfoss
Fuji Electric
Navitas (GeneSiC)
Toshiba
Qorvo (UnitedSiC)
San'an Optoelectronics
Littelfuse (IXYS)
CETC 55
WeEn Semiconductors
BASiC Semiconductor
SemiQ
Diodes Incorporated
SanRex
Alpha & Omega Semiconductor
Bosch
KEC Corporation
PANJIT Group
Nexperia
Vishay Intertechnology
Zhuzhou CRRC Times Electric
China Resources Microelectronics Limited
StarPower
Yangzhou Yangjie Electronic Technology
Guangdong AccoPower Semiconductor
Changzhou Galaxy Century Microelectronics
Hangzhou Silan Microelectronics
Cissoid
SK powertech
InventChip Technology
Hebei Sinopack Electronic Technology
Oriental Semiconductor
Jilin Sino-Microelectronics
PN Junction Semiconductor (Hangzhou)
United Nova Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe SiC Power Devices for Solar Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of SiC Power Devices for Solar Inverter, with price, sales quantity, revenue, and global market share of SiC Power Devices for Solar Inverter from 2020 to 2025.
Chapter 3, the SiC Power Devices for Solar Inverter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the SiC Power Devices for Solar Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and SiC Power Devices for Solar Inverter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of SiC Power Devices for Solar Inverter.
Chapter 14 and 15, to describe SiC Power Devices for Solar Inverter sales channel, distributors, customers, research findings and conclusion.
Table of Contents
202 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: SiC Power Devices for Solar Inverter by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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