NuAxiSemiconductor trade intelligence

Silicon carbide power device market to grow to $5.33bn in 2026

What happened

TrendForce forecasts the silicon carbide power device market will grow to $5.33 billion by 2026, driven primarily by sustained demand from electric vehicles and renewable energy applications. This is a long-term market size projection based on application trends. Neutral: The forecast provides background on demand drivers but contains no specific data on immediate supply constraints, price changes, or production actions.

Impact and signal

Low impactImpact score: 10/100

Affected components and suppliers

SiC MOSFETSiC Power Device

market-forecastdemand-trend

Source and time

Source: Semiconductor Today · 3/21/2024 · View original source

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Silicon carbide power device market to grow to $5.33bn in 2026

What happened

Impact and signal

Affected components and suppliers

Source and time

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