According to a market report by Lucintel, the future of the global automotive SiC power module market looks promising with opportunities in the passenger car and commercial vehicle markets. The global automotive SiC power module market is expected to grow with a CAGR of 11.6% from 2025 to 2031. The major drivers for this market are the increasing adoption of electric powertrains, the rising demand for high efficiency power electronics, and the growing focus on vehicle energy efficiency.A more than 150-page report to understand trends, opportunity and forecast in automotive SiC power module market to 2031 by type (SiC MOSFET+SiC SBD type and SiC MOSFET only type), application (passenger cars and commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, SiC MOSFET+SiC SBD type is expected to witness higher growth over the forecast period.
Within the application category, passenger car is expected to witness higher growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Infineon Technologies, ON Semiconductor, Mitsubishi Electric, STMicroelectronics, Fuji Electric, Cree, Texas Instruments, Renesas Electronics, Power Integrations, Toshiba are the major suppliers in the automotive SiC power module market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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