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Global Silicon Carbide Power Modules Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Publisher GlobalInfoResearch
Published Jul 13, 2025
Length 211 Pages
SKU # GFSH20219699

Description

According to our (Global Info Research) latest study, the global Silicon Carbide Power Modules market size was valued at US$ 2299 million in 2024 and is forecast to a readjusted size of USD 9806 million by 2031 with a CAGR of 23.3% during review period.

Silicon carbide power modules are semiconductor devices that use silicon carbide as the main material for power switching applications in high-voltage and high-power electronics.

Automotive is the largest market of silicon carbide (SiC) power devices, 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 is a detailed and comprehensive analysis for global Silicon Carbide Power Modules 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 Silicon Carbide Power Modules market size and forecasts, in consumption value ($ Million), sales quantity (K Pcs), and average selling prices (US$/Pcs), 2020-2031

Global Silicon Carbide Power Modules market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Pcs), and average selling prices (US$/Pcs), 2020-2031

Global Silicon Carbide Power Modules market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Pcs), and average selling prices (US$/Pcs), 2020-2031

Global Silicon Carbide Power Modules market shares of main players, shipments in revenue ($ Million), sales quantity (K Pcs), and ASP (US$/Pcs), 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 Silicon Carbide Power Modules

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 Silicon Carbide Power Modules 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

Silicon Carbide Power Modules 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
1200V碳化硅模块
700V/750V和900V碳化硅模块
1700V/3300V碳化硅模块

Market segment by Application
Main Inverter (Electric Traction)
Industrial Drives
UPS
Trains & Traction
PV & Energy
Others

Major players covered
STMicroelectronics
Infineon
Wolfspeed
Rohm
onsemi
BYD Semiconductor
Microchip (Microsemi)
Mitsubishi Electric (Vincotech)
Semikron Danfoss
Fuji Electric
Toshiba
CETC 55
BASiC Semiconductor
SemiQ
SanRex
Bosch
GE Aerospace
Zhuzhou CRRC Times Electric
StarPower
Guangdong AccoPower Semiconductor
Cissoid
United Nova Technology
Hebei Sinopack Electronic Technology
InventChip Technology
ANHI Semiconductor
HAIMOSIC (SHANGHAI)
Shenzhen AST Science Technology
Hangzhou Silan Microelectronics
Wuxi Leapers Semiconductor
WeEn Semiconductors
Denso

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 Silicon Carbide Power Modules product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Silicon Carbide Power Modules, with price, sales quantity, revenue, and global market share of Silicon Carbide Power Modules from 2020 to 2025.

Chapter 3, the Silicon Carbide Power Modules competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Silicon Carbide Power Modules 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 Silicon Carbide Power Modules 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 Silicon Carbide Power Modules.

Chapter 14 and 15, to describe Silicon Carbide Power Modules sales channel, distributors, customers, research findings and conclusion.

Table of Contents

211 Pages
1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Silicon Carbide Power Modules 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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