The global SiC MOSFET Chips (Devices) and Module market was valued at US$ 540.9 million in 2022 and is projected to reach US$ 2731.9 million by 2029, at a CAGR of 26.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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SiC MOSFET chips (devices) and modules are types of semiconductor components made from silicon carbide (SiC) material. They are used in power electronics applications due to their superior characteristics compared to traditional silicon-based MOSFETs. SiC MOSFETs offer faster switching speeds, higher efficiency, and greater temperature tolerance, making them suitable for high-power applications. SiC MOSFET chips are standalone devices that are integrated into electronic circuits, while SiC MOSFET modules combine multiple chips to form a single module for high-power applications. These chips and modules are used in various industries such as automotive, industrial, photovoltaic, and others.

Silicon carbide MOSFET has the characteristics of low on-off resistance and small switch loss, which can reduce device loss and improve system efficiency. It is more suitable for high frequency circuit.
It is widely used in new energy vehicle motor controller, on-board power supply, solar inverter, charging pile, UPS, PFC power supply and other fields.

Total Market by Segment:

Global SiC MOSFET Chips (Devices) and Module Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global SiC MOSFET Chips (Devices) and Module Market Segment Percentages, by Type, 2022 (%)

Sic MOSFET Chip and Device
Sic MOSFET Module
Global SiC MOSFET Chips (Devices) and Module Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global SiC MOSFET Chips (Devices) and Module Market Segment Percentages, by Application, 2022 (%)

Motor Drives
Industrial Power Supplies
Electric Vehicle (EV) Charging Stations
Traction Inverters
UPS and SMPS
Industrial Photovoltaic (pv)
Other
Global SiC MOSFET Chips (Devices) and Module Market, by Industry, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global SiC MOSFET Chips (Devices) and Module Market Segment Percentages, by Industry, 2022 (%)

Automotive
Aerospace and Defense
Power Generation and Distribution
Electronics and Telecommunications
Other

Further, the report presents profiles of competitors in the market. Key players include:

​​​​​​​Wolfspeed
Infineon Technologies
STMicroelectronics
ROHM
Semiconductor Components Industries, LLC
Littelfuse
Microchip
Mitsubishi Electric
GeneSiC Semiconductor Inc.
Shenzhen BASiC Semiconductor LTD
ON Semiconductor
Toshiba
Fuji Electric

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