Wide-Bandgap (WBG) Power Semiconductor Devices Market Demand Growth 2027

Posted by RakshaGajbhiye on January 29th, 2021

The global wide-bandgap power semiconductor devices market is expected to reach USD 3250 million by 2026, according to a new report by Reports and Data. Wide bandgap semiconductors are those which have a wide bandgap between the valence band and the conduction band. With wide bandgap semiconductor devices play a significant role in achieving high efficiency in high power density devices. These semiconductors have approximately ten fold better conduction capability and switching property than silicon-based semiconductors. 

Reports and Data sheds light on the market scope, potential, and performance perspective of the Global Wide-Bandgap (WBG) Power Semiconductor Devices Market by carrying out an extensive market analysis. The global Wide-Bandgap (WBG) Power Semiconductor Devices market report is designed to offer a holistic understanding of the market structure including the historical, existing, and predictions for the estimated growth of the market in the forecast period. The study offers precise assessments and projections for the market value, share, production capacity, demand, and growth of the industry in the forecast period by the year 2027.

In market segmentation by manufacturers, the report covers the following companies-

Asahi Kasei (Japan), TOKYO OHKA KOGYO CO., LTD. (Japan), JSR Corporation (Japan), The Dow Chemical Company (U.S.), Fujifilm Electronics Material Co., Ltd. (Japan), Shin-Etsu Chemical Co., Ltd. (Japan), Sumitomo Chemicals Co., LTD. (Japan), HITACHI Chemical (Japan) , GREAT EASTERN RESINS INDUSTRIAL CO., LTD. (Taiwan) and AZ Electronic Materials (Luxembourg)

For the purpose of this report, the market has been segmented on the basis of Category, Type, Implementation and region:

Category Outlook (Revenue, USD Million; 2018-2026)

• G-line
• I-line
• ArF immersion
• KrF
• ArF dry

Type Outlook (Revenue, USD Million; 2018-2026)

• Remover
• Anti-reflective coating
• Developer

Implementation Outlook (Revenue, USD Million; 2018-2026)

• Semiconductor &Ic’s
• LCD’s
• Printed circuit board

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the Wide-Bandgap (WBG) Power Semiconductor Devices market on the basis of type, raw materials, end use, and region:

Type Outlook (Revenue, USD Million; 2018-2026)

• Silicon Carbide (SiC)
• Diamond Substrate
• Gallium Nitride (GaN)
• Zinc Oxide (ZnO)
• Others

Application Outlook (Revenue, USD Million; 2018-2026)

• Automotive
• Renewable Energy
• Industrial Motor Drives
• Uninterrupted Power Supply
• Power Factor Correction
• Others

 Regional Outlook (Revenue in USD Million; 2016-2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Aims of the study

-To curate a concise report of the market, highlighting the key vendors and significant changes observed in the market.

-Examine the existing and emergent trends and promising technological innovations in the market.
-Assessment of market values, modelled values, and international trade values, to deduce the market volume.

-Offered research-backed insights for the parent market, cost analysis, and prevailing industry trends.

-Calculate capacity utilization rate.

In conclusion, the Wide-Bandgap (WBG) Power Semiconductor Devices Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.