Global Automotive Grade SiC Power Module Market Growth 2025-2031
Description
The global Automotive Grade SiC Power Module market size is predicted to grow from US$ 3149 million in 2025 to US$ 12010 million in 2031; it is expected to grow at a CAGR of 25.0% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Automotive Grade Silicon Carbide (SiC) Power Modules are advanced semiconductor devices designed for high-performance power electronics in vehicles. These modules utilize SiC material, which offers superior properties such as high thermal conductivity, high voltage tolerance, and low energy loss compared to traditional silicon-based components. Structurally, they often adopt configurations like three-phase full-bridge topology and integrate advanced manufacturing processes such as nano-silver sintering, Cu clip bonding, and ultrasonic welding. These innovations enhance reliability, reduce thermal resistance, and improve current-carrying capacity, enabling operation at higher temperatures (up to 175°C junction temperature) and frequencies (over 20 kHz). Key applications include inverters, DC-DC converters, and onboard chargers in electric vehicles (EVs), where they optimize energy conversion efficiency, extend driving range, and support high-power systems (e.g., 800V architectures).
Key trends include the shift toward 800V high-voltage systems to support ultra-fast charging and higher power density, as seen in platforms like E-GMP and Porsche Taycan34. Technological advancements, such as STMicroelectronics’ third-generation ACEPACK DRIVE modules and BorgWarner’s double-sided cooling (DSC) designs, are enhancing thermal management and reducing energy losses, enabling compact inverter solutions for next-gen EVs. Additionally, growing demand for EVs, government incentives for zero-emission vehicles, and integration into autonomous driving systems are accelerating adoption1. Challenges remain, including high production costs and supply chain constraints for SiC materials, but innovations in manufacturing (e.g., cost-effective wafer processing) and collaborations between automakers and semiconductor firms are expected to mitigate these barriers, further solidifying SiC’s role in sustainable mobility.
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 three players hold a share over 70 percent in 2022.
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.
LP Information, Inc. (LPI) ' newest research report, the “Automotive Grade SiC Power Module Industry Forecast” looks at past sales and reviews total world Automotive Grade SiC Power Module sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Grade SiC Power Module sales for 2025 through 2031. With Automotive Grade SiC Power Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Grade SiC Power Module industry.
This Insight Report provides a comprehensive analysis of the global Automotive Grade SiC Power Module landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Grade SiC Power Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Grade SiC Power Module market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Grade SiC Power Module and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Grade SiC Power Module.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Grade SiC Power Module market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
1200V SiC Module
750V and 900V SiC Module
Segmentation by Application:
EV Main Inverter
EV Charging
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Leadrive Technology
InventChip Technology
ANHI Semiconductor
HAIMOSIC (SHANGHAI)
Shenzhen AST Science Technology
Hangzhou Silan Microelectronics
Wuxi Leapers Semiconductor
WeEn Semiconductors
Denso
MacMic Science & Technolog
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Grade SiC Power Module market?
What factors are driving Automotive Grade SiC Power Module market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Grade SiC Power Module market opportunities vary by end market size?
How does Automotive Grade SiC Power Module break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Automotive Grade Silicon Carbide (SiC) Power Modules are advanced semiconductor devices designed for high-performance power electronics in vehicles. These modules utilize SiC material, which offers superior properties such as high thermal conductivity, high voltage tolerance, and low energy loss compared to traditional silicon-based components. Structurally, they often adopt configurations like three-phase full-bridge topology and integrate advanced manufacturing processes such as nano-silver sintering, Cu clip bonding, and ultrasonic welding. These innovations enhance reliability, reduce thermal resistance, and improve current-carrying capacity, enabling operation at higher temperatures (up to 175°C junction temperature) and frequencies (over 20 kHz). Key applications include inverters, DC-DC converters, and onboard chargers in electric vehicles (EVs), where they optimize energy conversion efficiency, extend driving range, and support high-power systems (e.g., 800V architectures).
Key trends include the shift toward 800V high-voltage systems to support ultra-fast charging and higher power density, as seen in platforms like E-GMP and Porsche Taycan34. Technological advancements, such as STMicroelectronics’ third-generation ACEPACK DRIVE modules and BorgWarner’s double-sided cooling (DSC) designs, are enhancing thermal management and reducing energy losses, enabling compact inverter solutions for next-gen EVs. Additionally, growing demand for EVs, government incentives for zero-emission vehicles, and integration into autonomous driving systems are accelerating adoption1. Challenges remain, including high production costs and supply chain constraints for SiC materials, but innovations in manufacturing (e.g., cost-effective wafer processing) and collaborations between automakers and semiconductor firms are expected to mitigate these barriers, further solidifying SiC’s role in sustainable mobility.
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 three players hold a share over 70 percent in 2022.
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.
LP Information, Inc. (LPI) ' newest research report, the “Automotive Grade SiC Power Module Industry Forecast” looks at past sales and reviews total world Automotive Grade SiC Power Module sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Grade SiC Power Module sales for 2025 through 2031. With Automotive Grade SiC Power Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Grade SiC Power Module industry.
This Insight Report provides a comprehensive analysis of the global Automotive Grade SiC Power Module landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Grade SiC Power Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Grade SiC Power Module market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Grade SiC Power Module and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Grade SiC Power Module.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Grade SiC Power Module market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
1200V SiC Module
750V and 900V SiC Module
Segmentation by Application:
EV Main Inverter
EV Charging
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Leadrive Technology
InventChip Technology
ANHI Semiconductor
HAIMOSIC (SHANGHAI)
Shenzhen AST Science Technology
Hangzhou Silan Microelectronics
Wuxi Leapers Semiconductor
WeEn Semiconductors
Denso
MacMic Science & Technolog
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Grade SiC Power Module market?
What factors are driving Automotive Grade SiC Power Module market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Grade SiC Power Module market opportunities vary by end market size?
How does Automotive Grade SiC Power Module break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
211 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Automotive Grade SiC Power Module by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Automotive Grade SiC Power Module by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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