SiC’s advantages over silicon push more SiC semiconductors over 10 years June 29, 2012 – Marketwire — Silicon carbide (SiC) semiconductors will see 38% compound annual growth rate (CAGR) through 2022, according to “SILICON CARBIDE (SIC) SEMICONDUCTOR MATERIALS & DEVICES (DISCRETES & CHIP) MARKET – GLOBAL FORECASTS & ANALYSIS (2012 – 2022),” a new report from MarketResearch.com. In the next 10 years, SiC will join silicon as a mass manufacturing material for semiconductors. The total SiC semiconductor devices’ market revenue (including power, opto & high-temperature) stands at approximately $218 million in 2012 and is expected to reach $5.34 billion by 2022. SiC offers wider band gap, larger critical electric field, and higher thermal conductivity than silicon. SiC semiconductors and microelectronics offer certain technological advantages over silicon devices, including up to 20% higher efficiency, inherent radiation resistance, high-temperature/voltage operational stability, better power handline and smaller form factors. Discretes based on SiC include Schottky diodes, MOSFETs, and the other advanced transistors, as well as opto-semiconductors (LEDs, laser diodes), and high-temperature rad-hard semis. Over the past decade, research was carried out on a massive scale to develop SiC-based discretes (MOSFETs & various types in them, IGBTs, diodes & rectifiers, thyristors, and other FETs) and ICs that have advanced and sophisticated characteristics and offer better flexibility for use in several power applications. With such promising futures, the SiC semiconductor devices market is expected to grow robustly at a high CAGR of 37.67% from 2012 to 2022. The SiC market’s competitive landscape had only a handful of players in the beginning of the previous decade, but it quickly emerged into a vast network with more than forty key players combining both — materials & devices. Currently, the overall SiC power semiconductors market accounts for less than 1% of the total power semiconductors market (currently at $34 billion including power discretes and power ICs), but over the next ten years, the entire base for power semiconductors & electronics players is expected to penetrate this new value chain, thereby rapidly increasing the percentage share. Use of SiC in specifically the industrial, power, solar & wind sector (for power applications) also enables smaller heat sink, passive, and magnetic nature in system designs. SiC electronics also find applications in electric vehicles and hybrid electric vehicles, rail transportation, power supply units, photovoltaic applications, converters & inverters, and many more. This report defines and segments the global SiC Semiconductor market with analysis and forecasting of the revenues and volumes for the overall market and all its sub segments. This report mainly focuses on three major aspects — the Market Overview (Landscape), the Market Analysis (Dynamics) and the Market Classification (Segmentation). Extensive and detailed classification of the SiC semiconductor devices market is done in this report by technology, products, devices, application and geography. Since the report mainly covers the SiC semiconductor market whose parent market is the global semiconductor market, the report also includes various aspects related to the overall semiconductor industry in several instances throughout the report in various chapters. A comparison of various aspects, of each market segment with its parent market (for example, SiC power semiconductors with overall power semiconductors) is done at every possible level to give an idea about the total addressable markets for each market segment and the market penetrations. This report is focused on giving a complete bird’s eye-view of the upcoming industry with regards to SiC semiconductor market with highly detailed market segmentations, combined with high level qualitative analysis at each and every aspect of the classifications done by technology, polymer types, substrate technology, technology (process) node, product & device types, applications, and geography. All the numbers, both revenue & volumes, at every level of detail are forecasted till 2022 to give a glimpse of the potential revenue base in the SiC industry and market. The report also gives the market dynamics by identifying the major driving and restraining factors for the global market with analysis of trends, opportunities, winning imperatives, and burning issues along with porter’s five force analysis of the SiC semiconductor devices market. MarketResearch.com provides global market intelligence products and services. For more information, visit: http://www.marketresearch.com/MarketsandMarkets-v3719/SILICON-CARBIDE-SIC-SEMICONDUCTOR-MATERIALS-7012606/ Visit the Semiconductors Channel of Solid State Technology!