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ST remains largest silicon carbide power device maker, with 32.6% market share

What happened

TrendForce reports STMicroelectronics maintained its leading position in the SiC power device market in 2023 with a 32.6% share, followed by onsemi, Infineon, Wolfspeed, and ROHM. The market's strong growth was primarily driven by demand from battery electric vehicles (BEVs). Neutral: This market share consolidation report provides background on competitive positioning but does not signal an immediate supply, demand, or price shock for traders.

Impact and signal

Low impactImpact score: 10/100

Affected components and suppliers

Silicon Carbide Power Devices
market-sharerankingBEV

Source and time

Source: Semiconductor Today · 6/20/2024 · View original source

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