The global SiC and GaN Power Electronics for Renewable Energy market is expected to grow with a CAGR of 16.57% from 2025 to 2034.

Global Data Insights Consultancy announces the release of the report "Global SiC and GaN Power Electronics for Renewable Energy Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2034”. This report provides a detailed overview of the market scenario, including a thorough analysis of the market size, sales quantity, average price, revenue, gross margin and market share. The report provides an in-depth analysis of the competitive landscape, manufacturer's profiles, regional and national market dynamics, and the opportunities and challenge that the market may be exposed to in the near future. Global SiC and GaN Power Electronics for Renewable Energy Market research report is a comprehensive analysis of the current market trends, future prospects, and other pivotal factors that drive the market.

The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.

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Competitive Landscape:

Some of the major players in the SiC and GaN Power Electronics for Renewable Energy Market are:

1.      Infineon Technologies AG

2.      ON Semiconductor Corporation (onsemi)

3.      STMicroelectronics N.V.

4.      Wolfspeed, Inc.

5.      Rohm Semiconductor

6.      Texas Instruments Incorporated

7.      Microchip Technology Inc.

8.      Nexperia B.V.

9.      EPC (Efficient Power Conversion Corporation)

10.   Transphorm, Inc.

11.   Navitas Semiconductor

12.   GaN Systems Inc.

13.   Power Integrations, Inc.

14.   Toshiba Electronic Devices & Storage Corporation

15.   Mitsubishi Electric Corporation

16.   Renesas Electronics Corporation

17.   Alpha and Omega Semiconductor Limited

18.   Littelfuse, Inc.

19.   Fuji Electric Co., Ltd.

20.   Hitachi Energy Ltd.

Recent Development:

In February 2025, Infineon Technologies AG announced the rollout of its first silicon carbide (SiC) products based on advanced 200mm wafer manufacturing technology. These products, produced in Villach, Austria, are tailored for high-voltage applications, including renewable energy systems, electric vehicles, and industrial drives. Additionally, Infineon’s Kulim, Malaysia site is transitioning from 150mm to 200mm wafer production to meet increasing demand.

In September 2024, STMicroelectronics announced its fourth-generation STPOWER silicon carbide (SiC) MOSFET technology. This advancement aims to improve energy efficiency and performance in electric vehicle traction inverters, particularly for mid-size and compact EVs. The new SiC devices, available in 750V and 1200V classes, are also suitable for industrial applications like solar inverters and energy storage systems.

In January 2025, Wolfspeed introduced its fourth-generation silicon carbide (SiC) MOSFET technology platform. This new platform offers enhanced efficiency, durability, and system cost reductions, supporting applications in renewable energy, electric vehicles, and energy storage systems. The Gen 4 products are available in 750V, 1200V, and 2300V classes, utilizing Wolfspeed’s 200mm SiC wafer technology.

In March 2025, ROHM Semiconductor emphasized its commitment to sustainable power solutions through its ‘Power Eco Family’ brand. This initiative focuses on developing power semiconductors that enhance efficiency in high-power applications, including renewable energy systems and electric vehicles. ROHM aims to address social challenges by providing technologies that contribute to a sustainable ecosystem.

Advanced Logic ICs (Integrated Circuits) Market – Segmentation

By Material Type Outlook (Revenue, USD Billion, 2020 – 2034)

Silicon Carbide (SiC)

SiC MOSFETs

SiC Schottky Diodes

SiC Hybrid Modules

Gallium Nitride (GaN)

GaN HEMTs (High Electron Mobility Transistors)

GaN Power ICs

GaN Discrete Devices

By Device Type Outlook (Revenue, USD Billion, 2020 – 2034)

Power Modules

Discrete Devices

ICs (Integrated Circuits)

Rectifiers

Transistors (MOSFETs, HEMTs)

Diodes

By Voltage Range Outlook (Revenue, USD Billion, 2020 – 2034)

Low Voltage (<600V)

Medium Voltage (600V–1.2kV)

High Voltage (>1.2kV)

By Application Outlook (Revenue, USD Billion, 2020 – 2034)

Solar PV Inverters

Central Inverters

String Inverters

Micro Inverters

Wind Turbine Converters

Energy Storage Systems (ESS)

Power Grids & Smart Grids

Electric Vehicle Charging Infrastructure

Hydrogen and Fuel Cell Systems

By End-Use Industry Outlook (Revenue, USD Billion, 2020 – 2034)

Renewable Energy Utilities

Residential Solar Power Systems

Commercial & Industrial Power Systems

Electric Vehicle Infrastructure Providers

Government & Defense Energy Projects

Off-Grid and Remote Energy Systems

By Technology Outlook (Revenue, USD Billion, 2020 – 2034)

Planar Technology

Trench Technology

Vertical GaN Devices

Enhancement-Mode GaN

Cascode Configurations

SiC and GaN Power Electronics for Renewable Energy Market Regional Analysis

North America (USA and Canada)

Europe (UK, Germany, France and rest of Europe)

Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)

Latin America (Brazil, Mexico, and Rest of Latin America)

Middle East and Africa (GCC and Rest of the Middle East and Africa)

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Important Features of the reports:

- Detailed analysis of the SiC and GaN Power Electronics for Renewable Energy Market

- Fluctuating market dynamics of the industry

- Detailed SiC and GaN Power Electronics for Renewable Energy Market segmentation

- Historical, current and projected market size in terms of volume and value

- Recent industry trends and developments

- Competitive landscape of the SiC and GaN Power Electronics for Renewable Energy Market

- Strategies of key players and product offerings

- Potential and niche segments/regions exhibiting promising growth

- A neutral perspective towards SiC and GaN Power Electronics for Renewable Energy Market performance.

25% free Customization of the Report:

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