Global Silicon Carbide (SiC) Ics Market Growth 2025-2031

The global Silicon Carbide (SiC) Ics market size is predicted to grow from US$ 5885 million in 2025 to US$ 18570 million in 2031; it is expected to grow at a CAGR of 21.1% 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.

Silicon Carbide (SiC) integrated circuits (ICs) are advanced semiconductor devices that leverage SiC's wide bandgap properties to deliver superior performance in high-power and high-frequency applications. Compared to traditional silicon-based ICs, SiC ICs offer higher breakdown voltage, faster switching speeds, and better thermal conductivity. These characteristics make them ideal for demanding applications such as electric vehicles (EVs), renewable energy systems, industrial motor drives, and high-voltage direct current (HVDC) transmission systems. SiC ICs are available in various forms, including MOSFETs, Schottky diodes, and power modules, catering to a wide range of power conversion needs.

The global SiC semiconductor market is experiencing rapid growth, driven by the increasing demand for energy-efficient and high-performance power electronics. According to market research, the SiC semiconductor industry is projected to grow significantly in the coming years, fueled by the expansion of EVs, renewable energy installations, and advancements in power electronics. Technological innovations, including the development of larger SiC wafers (transitioning from 6-inch to 8-inch), improved packaging techniques, and integration with AI and IoT for smart power management, are enhancing device performance and reducing costs. As industries continue to prioritize energy efficiency and sustainability, SiC ICs are poised to play a pivotal role in the evolution of next-generation power systems across various sectors.

LP Information, Inc. (LPI) ' newest research report, the “Silicon Carbide (SiC) Ics Industry Forecast” looks at past sales and reviews total world Silicon Carbide (SiC) Ics sales in 2024, providing a comprehensive analysis by region and market sector of projected Silicon Carbide (SiC) Ics sales for 2025 through 2031. With Silicon Carbide (SiC) Ics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silicon Carbide (SiC) Ics industry.

This Insight Report provides a comprehensive analysis of the global Silicon Carbide (SiC) Ics 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 Silicon Carbide (SiC) Ics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Silicon Carbide (SiC) Ics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silicon Carbide (SiC) Ics 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 Silicon Carbide (SiC) Ics.

This report presents a comprehensive overview, market shares, and growth opportunities of Silicon Carbide (SiC) Ics market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
600V & 650V
1200V
1700V

Segmentation by Application:
Automotive & EV/HEV
EV Charging
Industrial Motor/Drive
PV, Energy Storage, Wind Power
UPS, Data Center & Server
Rail Transport
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
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Silicon Carbide (SiC) Ics market?

What factors are driving Silicon Carbide (SiC) Ics market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Silicon Carbide (SiC) Ics market opportunities vary by end market size?

How does Silicon Carbide (SiC) Ics break out by Type, by Application?

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