SiC Power Semiconductor Companies

Competitive Landscape of SiC Power Semiconductor Market

The Silicon Carbide (SiC) power semiconductor market is experiencing explosive growth, fueled by its ability to handle high voltages, currents, and temperatures with greater efficiency than traditional silicon. This translates to smaller, lighter, and more powerful systems across various industries, creating a fiercely competitive landscape.

Some of the SiC Power Semiconductor companies listed below:

• WOLFSPEED, INC.


• STMicroelectronics


• ROHM CO., LTD.


• Fuji Electric Co., Ltd.


• Mitsubishi Electric Corporation


• Texas Instruments Incorporated


• Infineon Technologies AG


• Semikron Danfoss


• Xiamen Powerway Advanced Material Co., Ltd.


• Renesas Electronics Corporation

Strategies Adopted by Key Players:

• Product Diversification: Leading players are expanding their offerings beyond JFETs and MOSFETs, venturing into Schottky diodes, bipolar junction transistors (BJTs), and gate turn-off thyristors (GTOs) to cater to diverse application needs.


• Vertical Integration: Companies are investing heavily in backward integration, securing access to SiC wafer material and reducing reliance on external suppliers. This improves cost control and product quality.


• Strategic Partnerships and Acquisitions: Collaborations between established players and startups are fostering innovation and accelerating market reach..


• Focus on Regional Expansion: With Asia leading the SiC adoption curve, companies are setting up manufacturing facilities and R&D centers in China, Japan, and South Korea to capitalize on the regional demand.

Factors for Market Share Analysis:

• Technology Leadership: Players with advanced wafer growth techniques, device design expertise, and packaging technologies command a competitive edge.


• Production Capacity and Cost Efficiency: Scaling up SiC wafer production and optimizing fabrication processes are crucial for cost reduction and increased profitability. Companies are investing heavily in capacity expansion.


• Application Focus: Targeting specific high-growth application segments like electric vehicles, renewable energy, and industrial automation offers a clear market advantage..


• Distribution and Channel Partnerships: Building strong relationships with OEMs, distributors, and system integrators ensures efficient product access to end users.

New and Emerging Companies:

• Nichia: A LED pioneer, Nichia is leveraging its expertise in GaN to develop highly efficient SiC power devices.


• Transphorm: This California-based startup focuses on innovative SiC MOSFET designs, offering smaller and faster switching devices.


• GeneSiC Semiconductor: A Chinese company producing high-quality SiC wafers at competitive prices, challenging established players.


• UnitedSiC: An American manufacturer with patented SiC device structures, targeting high-voltage applications.

Latest Company Updates:

On Oct. 11, 2023, Coherent Corp., a leading global provider of materials, networking, and lasers, announced the expansion of its strategic relationships with DENSO and Mitsubishi Electric to capitalize on the significant demand for silicon carbide.

Under the transaction terms, DENSO and Mitsubishi Electric will each invest US$500 MN in Coherent's silicon carbide business in exchange for a 12.5% non-controlling ownership interest, while Coherent will own the remaining 75%. Coherent will enter into long-term supply arrangements to support DENSO and Mitsubishi Electric's demand for 150 mm and 200 mm SiC substrates and epitaxial wafers.

On Oct. 03, 2023, Continental Device India Private Ltd. (CDIL Semiconductors) CDIL inaugurated the new Surface Mount Semiconductor Packaging Line at its Mohali plant. With the new versatile SMA and SMB package line, CDIL has become the first Indian company to manufacture SiC devices. CDIL is scaled to manufacture auto-grade devices, including SiC MOSFETs, rectifiers, Schottky diodes, TVS diodes, and Zener, among others. The expansion of assembly lines will increase CDIL's total SiC components capacity at the facility to 600 million units annually.

On Mar.30, 2023, Samsung announced that it had spent 200 billion won to manufacture SiC power management ICs. The tech giant can manufacture prototypes of certain chips, including silicon carbide (SiC) and gallium nitride (GaN) semiconductors. Samsung formed a Power Semiconductor Task Force in 2023 as its first step to manufacture SiC and GaN chips. Besides the team, Samsung's chip business, the LED team, and the Samsung Advanced Institute of Technology (SAIT) were also part of the task force.