Market Overview
Wide Bandgap Semiconductors Market: Introduction
Wide-bandgap semiconductors are semiconductor materials which allows devices to operate at much high temperatures, voltages, and frequencies considering that of traditional semiconductor materials such as gallium arsenide and silicon.
Wide-bandgap semiconductors are the main component used to make blue & green LEDs and lasers. This type of semiconductors is also used in certain radio frequency applications such as notably military radars. Further, the wide bandgap semiconductors are also categorized under next-generation semiconductors, and the featured properties make it suitable for the various range of roles
Wide Bandgap Semiconductors Market: Drivers and Restraints
To extend the battery life and to improve the power efficiency in electronic and electrical gadgets such as portable media players, desktop computers, flat panel displays, notebooks, smartphones wide bandgap semiconductors are used. So increasing demand of above-mentioned goods is spurring the demand for wide bandgap semiconductors market during the forecast period.
To produce the ultraviolet LEDs with wavelengths ranging from 200–250 nm and to make blue LEDs and lasers wide bandgap semiconductors are used. So increasing demand of LED lights is influencing the growth of the wide bandgap semiconductors market. On the other hand, the high cost of manufacturing of wide bandgap semiconductor is the major challenge restraining the growth of the wide bandgap semiconductors market over the forthcoming years.
Wide Bandgap Semiconductors Market: Regional Outlook
North America dominated the wide bandgap semiconductors market was owing to increase in applied demand of wide bandgap semiconductors in automobile sectors. Therefore the demand for wide bandgap semiconductors in the respective region is expected to spur over the forecast period.
Asia Pacific countries such as India and China are expected to witness the fastest growth due to increasing demand of efficient semiconductors in various sectors such as automotive, computer, consumer goods and others. Further lucrative business opportunities in India such as “Make In India” is encouraging investors to invest in the country owing to avail benefits of supportive government regulation and easy availability of cheap labors are the other factors influencing the growth of the Wide Bandgap Semiconductors market in the India.
Wide Bandgap Semiconductors Market: Competition Landscape
The major player operating in the wide bandgap semiconductors market are Efficient Power Conversion Corporation, Mersen S.A., Everlight Electronics Co, Avogy, Inc., Toshiba Corporation, Fujitsu Limited, Renesas Electronics Corporation, GaN Systems Inc., NXP Semiconductors N.V., and Cree Inc.
The other prominent vendors associated with the wide bandgap semiconductors market are Fairchild Semiconductor, GeneSiC Semiconductor, Inc., Infineon Technologies AG, Infineon Technologies AG, MicroGaN Gmbh, United Silicon Carbide Inc., Microsemi Corporation, Vishay Intertechnology, Inc. Mitsubishi Electric, Nitronix Nanotechnology Corporation, Powerex, ROHM Semiconductor, STMicroelectronics, Sanken Electric Co., Ltd, Semikron, Semisouth Laboratories, Inc., and Shindengen Electric.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Historical Actual Market Size, 2012 - 2016
- Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain
- Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Aircraft Refurbishing Market Drivers and Restraints
Regional analysis includes
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Wide Bandgap Semiconductors Market: Segmentation
Wide bandgap semiconductors market is segmented into product, application, and region.
By product, the wide bandgap semiconductors market can be segmented into
- diamond and
- silicon carbide (SiC)
- Aluminum nitride (AlN)
- Gallium nitride (GaN)
- Boron nitride (BN).
By application, the wide bandgap semiconductors market can be segmented into
- Defense and Aerospace
- Information and Communication Technology
- Consumer Electronics
- Automotive
- others
Regionally wide bandgap semiconductors can be segmented into
- Asia-Pacific excluding Japan
- the Middle East and Africa
- Western Europe
- North America
- Eastern Europe
- Latin America
- Japan.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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by - Sudip Saha, Managing Director and Co-Founder of Future Market Insights
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