Wide Bandgap (WBG) Power Devices Market
Wide Bandgap (WBG) Power Devices Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Wide Bandgap (WBG) Power Devices Market Size and Growth
The Wide Bandgap (WBG) Power Devices market research indicates exponential growth driven by the increasing demand for high-performance power electronics in various industries. The global market size is projected to reach $5.26 billion by 2025, with a CAGR of 30.4% from 2020 to 2025. Major players include Infineon Technologies, Cree Inc., and Mitsubishi Electric.
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Companies Covered (Covid 19 Impact Covered)
◍ ALPHA & OMEGA Semiconductor
◍ Avogy
◍ Broadcom Limited
◍ Cambridge Electronics
◍ Cree
◍ Efficient Power Conversion (EPC)
◍ EXAGAN
◍ GaN Systems
◍ IEPC
◍ Infineon
◍ NXP
◍ Panasonic
◍ POWDEC
◍ Transphorm
◍ VisIC
◍ Fuji Electric
◍ STM
◍ ROHM
The Wide Bandgap (WBG) Power Devices Market is highly competitive with key players such as ALPHA & OMEGA Semiconductor, Cree, Infineon, Panasonic, and others. These companies utilize WBG devices for efficient power conversion and high-performance applications, driving the growth of the market.
- ALPHA & OMEGA Semiconductor: $100 million
- Broadcom Limited: $4.8 billion
- Cree: $1.7 billion
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Market Segmentation
By Application
◍ Communication
◍ Automotive
◍ Consumer Electronics
◍ Defense/Aerospace
◍ Healthcare
◍ Industry, Power and Solar & Wind
By Product
◍ GaN
◍ SiC
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$ X Billion USD
Market Growth
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