Product Code: TMRGL86211
Silicon Carbide for EV Market - Scope of Report
TMR's report on the global silicon carbide for EV market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global silicon carbide for EV market for the period 2018-2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global silicon carbide for EV market from 2024 to 2034.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the silicon carbide for EV market.
Market Snapshot |
Market Value in 2023 | US$ 879.3 Mn |
Market Value in 2034 | US$ 3 Bn |
CAGR | 11.9% |
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global silicon carbide for EV market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global silicon carbide for EV market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global silicon carbide for EV market.
The report delves into the competitive landscape of the global silicon carbide for EV market. Key players operating in the global silicon carbide for EV market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global silicon carbide for EV market profiled in this report.
Key Questions Answered in Global silicon carbide for EV market Report:
- What is the sales/revenue generated by automotive speaker across all regions during the forecast period?
- What are the opportunities in the global silicon carbide for EV market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2034?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Silicon Carbide for EV Market - Research Objectives and Research Approach
The comprehensive report on the global silicon carbide for EV market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global silicon carbide for EV market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global silicon carbide for EV market.
Table of Contents
1. Executive Summary: Global Silicon Carbide for EV Market
- 1.1. Global Market Outlook
- 1.1.1. Market Size, Value (US$ Mn), 2020-2034
- 1.2. Key Facts and Figures
- 1.3. Go to Market Strategy
- 1.3.1. Demand & Supply Side Trends
- 1.3.2. Identification of Potential Market Spaces
- 1.3.3. Preferred Sales & Marketing Strategy
- 1.3.4. Growth Opportunity Analysis
- 1.4. TMR Analysis and Recommendations
2. Market Overview
- 2.1. Market Segmentation/ Taxonomy
- 2.2. Market Definitions
- 2.3. Key Trend Analysis
- 2.4. Market Dynamics (Growth Influencers)
- 2.4.1. Drivers
- 2.4.2. Restraints
- 2.4.3. Opportunities
- 2.5. Porter's Five Forces Analysis
- 2.6. Industry SWOT Analysis
- 2.7. Regulatory Framework
- 2.8. Ecosystem/Value Chain Analysis
- 2.8.1. List of Raw Material Suppliers
- 2.8.2. Component Manufacturers
- 2.8.3. List of End-users
- 2.9. Global Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034
- 2.10. Pricing Model Analysis/ Price Trend Analysis
- 2.11. Market Opportunity Assessment - by Region
- 2.11.1. By Application
- 2.11.2. By Component
- 2.11.3. By Vehicle Type
- 2.11.4. By Propulsion
- 2.11.5. By Voltage
- 2.12. Impact Factors
- 2.12.1. Electric Vehicle Sales Rate
- 2.12.2. Consumer Preferences and Trends
- 2.12.3. Environmental Impacts
3. Global Silicon Carbide for EV Market Analysis, by Application
- 3.1. Overview and Definitions
- 3.2. Key Segment Analysis
- 3.3. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Application, 2020-2034
- 3.3.1. Traction Inverter
- 3.3.2. DC-DC Converter
- 3.3.3. On-Board Charger (OBC)
4. Global Silicon Carbide for EV Market Analysis, by Component
- 4.1. Overview and Definitions
- 4.2. Key Segment Analysis
- 4.3. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Component, 2020-2034
- 4.3.1. SiC Power Modules
- 4.3.2. SiC Transistors (MOSFET)
- 4.3.3. SiC Diodes
5. Global Silicon Carbide for EV Market Analysis, by Vehicle Type
- 5.1. Key Segment Analysis
- 5.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Vehicle Type, 2020-2034
- 5.2.1. Two Wheelers
- 5.2.2. Passenger Cars
- 5.2.2.1. Hatchback
- 5.2.2.2. Sedan
- 5.2.2.3. SUVs
- 5.2.3. Light Commercial Vehicles
- 5.2.4. Heavy Duty Trucks
- 5.2.5. Buses and Coaches
6. Global Silicon Carbide for EV Market Analysis, by Propulsion
- 6.1. Key Segment Analysis
- 6.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Propulsion, 2020-2034
- 6.2.1. Battery Electric Vehicles (BEVs)
- 6.2.2. Hybrid Electric Vehicles (HEVs)
- 6.2.3. Plug-in Hybrid Electric Vehicles (PHEVs)
7. Global Silicon Carbide for EV Market Analysis, by Voltage
- 7.1. Key Segment Analysis
- 7.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Voltage, 2020-2034
- 7.2.1. Up to 650 V
- 7.2.2. 650 V - 800 V
- 7.2.3. More than 800 V
8. Global Silicon Carbide for EV Market Analysis and Forecasts, by Region
- 8.1. Key Findings
- 8.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, by Region, 2020-2034
- 8.2.1. North America
- 8.2.2. Central and South America
- 8.2.3. Europe
- 8.2.4. Asia Pacific
- 8.2.5. Middle East & Africa
9. North America Silicon Carbide for EV Market Analysis and Forecast
- 9.1. Regional Outlook
- 9.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034
- 9.2.1. By Application
- 9.2.2. By Component
- 9.2.3. By Vehicle Type
- 9.2.4. By Propulsion
- 9.2.5. By Voltage
- 9.2.6. By Country
- 9.2.6.1. USA
- 9.2.6.2. Canada
- 9.2.6.3. Mexico
10. Central and South America Silicon Carbide for EV Market Analysis and Forecast
- 10.1. Regional Outlook
- 10.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034
- 10.2.1. By Application
- 10.2.2. By Component
- 10.2.3. By Vehicle Type
- 10.2.4. By Propulsion
- 10.2.5. By Voltage
- 10.2.6. By Country
- 10.2.6.1. Brazil
- 10.2.6.2. Argentina
- 10.2.6.3. Chile
- 10.2.6.4. Colombia
- 10.2.6.5. Peru
- 10.2.6.6. Central America
- 10.2.6.7. Rest of Central and South America
11. Europe Silicon Carbide for EV Market Analysis and Forecast
- 11.1. Regional Outlook
- 11.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034
- 11.2.1. By Application
- 11.2.2. By Component
- 11.2.3. By Vehicle Type
- 11.2.4. By Propulsion
- 11.2.5. By Voltage
- 11.2.6. By Country
- 11.2.6.1. Germany
- 11.2.6.2. UK
- 11.2.6.3. France
- 11.2.6.4. Italy
- 11.2.6.5. Spain
- 11.2.6.6. Russia & CIS
- 11.2.6.7. Poland
- 11.2.6.8. Netherlands
- 11.2.6.9. Nordic Countries
- 11.2.6.10. Rest of Europe
12. Asia Pacific Silicon Carbide for EV Market Analysis and Forecast
- 12.1. Regional Outlook
- 12.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034
- 12.2.1. By Application
- 12.2.2. By Component
- 12.2.3. By Vehicle Type
- 12.2.4. By Propulsion
- 12.2.5. By Voltage
- 12.2.6. By Country
- 12.2.6.1. China
- 12.2.6.2. India
- 12.2.6.3. Japan
- 12.2.6.4. Indonesia
- 12.2.6.5. Malaysia
- 12.2.6.6. Philippines
- 12.2.6.7. Vietnam
- 12.2.6.8. South Korea
- 12.2.6.9. ANZ
- 12.2.6.10. Rest of Asia Pacific
13. Middle East & Africa Silicon Carbide for EV Market Analysis and Forecast
- 13.1. Regional Outlook
- 13.2. Silicon Carbide for EV Market Size, Analysis, and Forecasts, 2020-2034
- 13.2.1. By Application
- 13.2.2. By Component
- 13.2.3. By Vehicle Type
- 13.2.4. By Propulsion
- 13.2.5. By Voltage
- 13.2.6. By Country
- 13.2.6.1. Turkey
- 13.2.6.2. Saudi Arabia
- 13.2.6.3. UAE
- 13.2.6.4. Israel
- 13.2.6.5. Kuwait
- 13.2.6.6. Egypt
- 13.2.6.7. Morocco
- 13.2.6.8. South Africa
- 13.2.6.9. Nigeria
- 13.2.6.10. Rest of Middle East & Africa
14. Competitive Landscape
- 14.1. List of Key Players
- 14.2. Company Profile/ Analysis
- 14.3. Revenue Share Analysis
- 14.4. Product/ Service/ Propulsion Category for Key Players
- 14.5. Competitive Dashboard Analysis
- 14.5.1. Market Competition Matrix, by Key Players
- 14.6. Competitive Scenario
15. Company Profiles
- 15.1. Infineon Technologies AG
- 15.1.1. Company Overview
- 15.1.2. Company Footprints
- 15.1.3. Product/Service Portfolio
- 15.1.4. Competitors & Customers
- 15.1.5. Subsidiaries & Parent Organization
- 15.1.6. Recent Developments
- 15.1.7. Financial Analysis
- 15.2. STMicroelectronics
- 15.2.1. Company Overview
- 15.2.2. Company Footprints
- 15.2.3. Product/Service Portfolio
- 15.2.4. Competitors & Customers
- 15.2.5. Subsidiaries & Parent Organization
- 15.2.6. Recent Developments
- 15.2.7. Financial Analysis
- 15.3. ON Semiconductor
- 15.3.1. Company Overview
- 15.3.2. Company Footprints
- 15.3.3. Product/Service Portfolio
- 15.3.4. Competitors & Customers
- 15.3.5. Subsidiaries & Parent Organization
- 15.3.6. Recent Developments
- 15.3.7. Financial Analysis
- 15.4. ROHM Semiconductor
- 15.4.1. Company Overview
- 15.4.2. Company Footprints
- 15.4.3. Product/Service Portfolio
- 15.4.4. Competitors & Customers
- 15.4.5. Subsidiaries & Parent Organization
- 15.4.6. Recent Developments
- 15.4.7. Financial Analysis
- 15.5. Microchip Technology Inc.
- 15.5.1. Company Overview
- 15.5.2. Company Footprints
- 15.5.3. Product/Service Portfolio
- 15.5.4. Competitors & Customers
- 15.5.5. Subsidiaries & Parent Organization
- 15.5.6. Recent Developments
- 15.5.7. Financial Analysis
- 15.6. Mitsubishi Electric Corporation
- 15.6.1. Company Overview
- 15.6.2. Company Footprints
- 15.6.3. Product/Service Portfolio
- 15.6.4. Competitors & Customers
- 15.6.5. Subsidiaries & Parent Organization
- 15.6.6. Recent Developments
- 15.6.7. Financial Analysis
- 15.7. Renesas Electronics Corporation
- 15.7.1. Company Overview
- 15.7.2. Company Footprints
- 15.7.3. Product/Service Portfolio
- 15.7.4. Competitors & Customers
- 15.7.5. Subsidiaries & Parent Organization
- 15.7.6. Recent Developments
- 15.7.7. Financial Analysis
- 15.8. Toshiba Corporation
- 15.8.1. Company Overview
- 15.8.2. Company Footprints
- 15.8.3. Product/Service Portfolio
- 15.8.4. Competitors & Customers
- 15.8.5. Subsidiaries & Parent Organization
- 15.8.6. Recent Developments
- 15.8.7. Financial Analysis
- 15.9. NXP Semiconductors
- 15.9.1. Company Overview
- 15.9.2. Company Footprints
- 15.9.3. Product/Service Portfolio
- 15.9.4. Competitors & Customers
- 15.9.5. Subsidiaries & Parent Organization
- 15.9.6. Recent Developments
- 15.9.7. Financial Analysis
- 15.10. United Silicon Carbide, Inc.
- 15.10.1. Company Overview
- 15.10.2. Company Footprints
- 15.10.3. Product/Service Portfolio
- 15.10.4. Competitors & Customers
- 15.10.5. Subsidiaries & Parent Organization
- 15.10.6. Recent Developments
- 15.10.7. Financial Analysis
- 15.11. Littelfuse, Inc.
- 15.11.1. Company Overview
- 15.11.2. Company Footprints
- 15.11.3. Product/Service Portfolio
- 15.11.4. Competitors & Customers
- 15.11.5. Subsidiaries & Parent Organization
- 15.11.6. Recent Developments
- 15.11.7. Financial Analysis
- 15.12. Monolith Semiconductor Inc.
- 15.12.1. Company Overview
- 15.12.2. Company Footprints
- 15.12.3. Product/Service Portfolio
- 15.12.4. Competitors & Customers
- 15.12.5. Subsidiaries & Parent Organization
- 15.12.6. Recent Developments
- 15.12.7. Financial Analysis
- 15.13. GeneSiC Semiconductor Inc.
- 15.13.1. Company Overview
- 15.13.2. Company Footprints
- 15.13.3. Product/Service Portfolio
- 15.13.4. Competitors & Customers
- 15.13.5. Subsidiaries & Parent Organization
- 15.13.6. Recent Developments
- 15.13.7. Financial Analysis
- 15.14. Navitas Semiconductor
- 15.14.1. Company Overview
- 15.14.2. Company Footprints
- 15.14.3. Product/Service Portfolio
- 15.14.4. Competitors & Customers
- 15.14.5. Subsidiaries & Parent Organization
- 15.14.6. Recent Developments
- 15.14.7. Financial Analysis
- 15.15. Wolfspeed Inc.
- 15.15.1. Company Overview
- 15.15.2. Company Footprints
- 15.15.3. Product/Service Portfolio
- 15.15.4. Competitors & Customers
- 15.15.5. Subsidiaries & Parent Organization
- 15.15.6. Recent Developments
- 15.15.7. Financial Analysis
- 15.16. Analog Devices, Inc.
- 15.16.1. Company Overview
- 15.16.2. Company Footprints
- 15.16.3. Product/Service Portfolio
- 15.16.4. Competitors & Customers
- 15.16.5. Subsidiaries & Parent Organization
- 15.16.6. Recent Developments
- 15.16.7. Financial Analysis
- 15.17. Panasonic Corporation
- 15.17.1. Company Overview
- 15.17.2. Company Footprints
- 15.17.3. Product/Service Portfolio
- 15.17.4. Competitors & Customers
- 15.17.5. Subsidiaries & Parent Organization
- 15.17.6. Recent Developments
- 15.17.7. Financial Analysis
- 15.18. Power Integrations
- 15.18.1. Company Overview
- 15.18.2. Company Footprints
- 15.18.3. Product/Service Portfolio
- 15.18.4. Competitors & Customers
- 15.18.5. Subsidiaries & Parent Organization
- 15.18.6. Recent Developments
- 15.18.7. Financial Analysis
- 15.19. Other Key Players
- 15.19.1. Company Overview
- 15.19.2. Company Footprints
- 15.19.3. Product/Service Portfolio
- 15.19.4. Competitors & Customers
- 15.19.5. Subsidiaries & Parent Organization
- 15.19.6. Recent Developments
- 15.19.7. Financial Analysis