The Global SiC-SBD Market Size is projected to grow at CAGR of approximately 14.2% during the forecast period.
Schottky barrier diodes (SBD) and Schotty barrier diodes (SiC) are the same thing. An example of a semiconductor device is the SiC-SBD (Silicon Carbide Schottky Barrier Diode), which finds utility in a number of fields including power electronics, alternative energy, electric cars, aerospace, and defences. Compared to conventional silicon-based devices, SiC-SBDs provide a number of advantages, such as greater efficiency, quicker switching, and greater temperature and voltage capabilities.
Rising Adoption of Electric Vehicles: One of the key factors propelling the SiC-SBD Market is the rising usage of electric vehicles. Electric vehicle power electronics, like DC-DC converters and on-board chargers, use SiC-SBDs to enhance their effectiveness and performance.
High Efficiency: SiC-SBDs are more effective than conventional silicon-based electronics. Because SiC-SBDs have faster switching rates and lower forward overvoltages, they lost less power and use more energy.
A semiconductor material known as a SiC wafer has excellent electrical and thermal properties. An elite exhibition semiconductor is great for a wide assortment of uses. It has a very high level of hardness as well as a high level of thermal resistance. Manufacturers of SiC wafers face numerous challenges during the fabrication process. Crystalline stacking flaws, micropipes, pits, scratches, stains, and surface particles are the most common defects that can occur during the manufacturing process of SiC substrates.
Compared to conventional silicon-based devices, SiC-SBDs are more expensive. This can be a significant barrier for some applications, particularly in those where cost is a key consideration.
Electronic vehicles are becoming more common. The world is changing so quickly that it is moving toward renewable energy. All areas, market players, and government establishments are making more clarity of mind to construct electric vehicle foundation and produce more interest for electric vehicles.
Using SiC-SBDs in aerospace and defense applications is another significant market opportunity. SiC-SBDs are perfect for use in these applications since they have high-temperature and high-power characteristics.
SiC-SBD device technological developments are opening up new prospects across a number of industries. For instance, the power electronics sector is seeing new prospects as a result of the development of SiC-SBDs with better voltage and current ratings.
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|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends|
These components are frequently employed in low- to medium-power applications such power electronic devices, switch-mode power supply, and power factor correction circuits. They are perfect for use in these applications because they have excellent switching efficiency and minimal switching losses.
These gadgets are frequently utilized in high-power applications like motor drives, the power electronics in electric vehicles, and renewable energy systems. They are perfect for use in these applications since they have a high breakdown strength and a low on-state resistance.
High temperature resistance, low power losses, and quick switching rates make SiC-SBDs attractive for use in electric vehicles, which are part of the new energy transportation sector. Battery chargers, DC-DC converters, and on-board chargers are just some of the many places you'll find them in use.
Data centers, telecommunications base stations, and video game consoles are just some of the industrial and consumer applications that employ power supply using SiC-SBDs. When compared to regular diodes, they are more efficient and produce less heat.
In photovoltaic inverters, where solar energy is converted into usable electricity, SiC-SBDs are employed. They are able to switch at high frequencies and can withstand extreme temperatures, making them useful in challenging settings.
As rectifiers and voltage regulators, SiC-SBDs may be found in a wide variety of portable electronic devices. They have reduced power losses and excellent efficiency, so batteries last longer.
Motor drives, welding equipment, and power supply are just a few of the many industrial uses for SiC-SBDs. They have low power losses and high switching frequencies, which means they are efficient and produce less heat.
The Global SiC-SBD Market is segmented by region as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
As SiC-based power electronics devices are increasingly used in fields including renewable energy, electric cars, and industrial automation, the North American market is anticipated to expand rapidly. The North American market is primarily driven by the United States and Canada.
Due to rising global demand for energy-efficient devices across a wide range of sectors, including transportation, aerospace, and military, Europe has emerged as a significant market for SiC-SBDs. The use of power supplies, inverters, and motor drives in the area is on the rise. The market in Europe is mostly driven by countries like Germany, France, and the United Kingdom.
The rising demand for SiC-SBDs in developing countries like China, India, and Japan bodes well for the expansion of the Asia Pacific market. Applications such as consumer electronics, industrial automation, and electric cars are expanding rapidly in the area. The region's market is primarily driven by China, Japan, and South Korea.
Investments in infrastructure and renewable energy projects throughout the Middle East and Africa are projected to support modest economic growth in the area. Applications like solar inverters and wind power systems are expanding rapidly in the area. Major players in the region's market include Saudi Arabia, the United Arab Emirates, and South Africa.
The rising demand for SiC-SBDs in sectors like power electronics and consumer electronics is likely to drive modest development in the Latin American market. The region's market is driven mostly by countries like Brazil and Mexico.
At its manufacturing location in Villach, Austria, Infineon Technologies AG announced in February 2022 that it had begun producing its first 650V SiC-SBDs. The new SiC-SBDs are intended for use in renewable energy systems and the power electronics of electric vehicles.
STMicroelectronics and Soitec (Euronext Paris) announced the next phase of their collaboration on Silicon Carbide (SiC) substrates in December 2022. The qualification of Soitec's SiC substrate technology by ST is scheduled to take place over the course of the next 18 months. The adoption of Soitec's SmartSiC technology by ST for its upcoming 200mm substrate manufacturing serves to feed its devices and modules manufacturing business, with midterm volume production anticipated. This coordinated effort will assist the organization with helping its financials as well as the development of the Worldwide SiC power semiconductor market.