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Third-generation power semiconductors growing at 48% CAGR from $980m in 2021 to $4.71bn in 2025

What happened

TrendForce forecasts the third-generation power semiconductor market, driven by SiC and GaN, will grow from $980m in 2021 to $4.71bn in 2025 at a 48% CAGR, primarily fueled by EV and fast-charging demand. This represents a significant long-term structural shift in power component demand. 利多: The explosive growth projection signals sustained, high-volume demand for WBG materials, potentially tightening supply for key raw substrates and foundry capacity over the medium term.

Impact and signal

Low impactImpact score: 12/100

Affected components and suppliers

SiC Power SemiconductorsGaN Power Semiconductors
market-growthwide-bandgapevfast-charging

Source and time

Source: Semiconductor Today · 3/10/2022 · View original source

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