Wide-Bandgap Power (WBG)
Semiconductor Devices Market
Wide-Bandgap Power (WBG) Semiconductor
Devices Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Wide-Bandgap Power (WBG) Semiconductor Devices
Market Size and Growth
The Wide-Bandgap (WBG) semiconductor devices market is experiencing significant growth, driven by increasing demand for energy-efficient solutions across various sectors. The market size is projected to reach approximately $20 billion by 2027, fueled by advancements in electric vehicles, renewable energy, and industrial applications, enhancing efficiency and reducing costs in power electronics.
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Companies Covered
(Covid 19 Impact Covered)
◍ Infineon Technologies
◍ Cree
◍ Transphorm
◍ ROHM Semiconductor
◍ Texas Instruments
◍ STMicroelectronics
◍ GaN Systems
◍ Microchip Technology
◍ United Silicon Carbide
◍ Exagan
◍ GeneSiC Semiconductor
◍ Monolith Semiconductor
◍ Qorvo
The Wide-Bandgap Power Semiconductor Devices Market features key players like Infineon Technologies, Cree, and Transphorm, focusing on high-efficiency applications. Companies such as GaN Systems and United Silicon Carbide enhance market growth by offering cutting-edge WBG technologies. Notably, Infineon reported €10.4 billion in sales (2021) as a market leader.
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Market Segmentation
By Application
Industrial Motor Drives
Renewable Energy
Automotive
UPS
Others
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By Product
Market Growth
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$ X Billion USD
