Automotive is driving SiC adoption
The SiC power market is now on the road, according to Yole Développement (Yole). Since 2017, the market research and strategy consulting company identified more than 20 strategic announcements, showing the dynamism of this market and attractiveness of the technology.
Rohm, Bombardier, Cree, SDK, STMicroelectronics, Infineon Technologies, Littelfuse, Ascatron and more are part of the powerful ecosystem, presenting innovative products and revealing key partnerships and/or M&A.
Today, SiC transistors are clearly being adopted, penetrating smoothly into different applications. Yole’s analysts forecast a $1.4bn SiC power semiconductor market by 2023. According to the Power & Wireless team at Yole, this market is showing a 29% CAGR between 2017 and 2023.
The recent SiC module developed by STMicroelectronics for Tesla and its Model 3 is a good example of this early adoption. The SiC-based inverter, analysed by System Plus Consulting, Yole’s sister company is composed of 24 one-in-one power modules.
SiC adoption is accelerating: is the supply chain ready? Yole’s analysts reveal today their vision of the SiC industry, read the complete story here.