NuAxiSemiconductor trade intelligence
Automotive SiC power component market to grow to $1bn in 2022 then $3.94bn by 2026
What happened
TrendForce forecasts the automotive SiC power component market to grow from $1.07bn in 2022 to $3.94bn by 2026, driven by major automakers adopting the technology for EV power systems. This represents a significant long-term demand trend for SiC components. Neutral: This is a long-term forecast without immediate supply/demand imbalance data to trigger a near-term price signal.
Impact and signal
Low impactImpact score: 15/100
Affected components and suppliers
SiC MOSFETSiC Power Module
market-growthevsic
Source and time
Source: Semiconductor Today · 7/14/2022 · View original source
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