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    US Silicon Carbide Semiconductor Market

    ID: MRFR/SEM/17052-HCR
    200 Pages
    Garvit Vyas
    September 2025

    US Silicon Carbide Semiconductor Market Research Report By Application (UPS, Solar Energy System, EV Charging, Industrial Drives), By Component (Schottky Diodes, FET/MOSFET Transistors, Integrated Circuits) and By End-Use (Automotive, Consumer Medical Devices, Energy & Power) - Forecast to 2035

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    US Silicon Carbide Semiconductor Market Research Report -Forecast till 2035 Infographic
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    Table of Contents

    US Silicon Carbide Semiconductor Market Summary

    The US Silicon Carbide Semiconductor market is poised for substantial growth, projected to reach 2200 USD Million by 2035.

    Key Market Trends & Highlights

    US Silicon Carbide Semiconductor Key Trends and Highlights

    • The market valuation is expected to grow from 250 USD Million in 2024 to 2200 USD Million by 2035.
    • A compound annual growth rate (CAGR) of 21.86 percent is anticipated from 2025 to 2035.
    • The increasing demand for energy-efficient solutions is likely to drive market expansion.
    • Growing adoption of electric vehicles due to environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 250 (USD Million)
    2035 Market Size 2200 (USD Million)
    CAGR (2025-2035) 21.86%

    Major Players

    VisIC Technologies, SemiSouth Laboratories, ROHM Semiconductor, KEMET Corporation, Mitsubishi Electric, Diodes Incorporated, Wolfspeed, Power Integrations, Cree, Nexperia, Texas Instruments, Infineon Technologies, AGSTMicroelectronics, Qorvo, ON Semiconductor

    US Silicon Carbide Semiconductor Market Trends

    The US Silicon Carbide Semiconductor Market is witnessing substantial growth driven by several key factors. One of the primary market drivers is the increasing demand for energy-efficient solutions as various sectors, including automotive and consumer electronics, focus on sustainability. The shift towards electric vehicles (EVs) is especially significant, as manufacturers seek silicon carbide semiconductors for their superior performance in power electronics, offering improved range and efficiency. Additionally, the US government's push for advanced manufacturing and technological innovation is fostering a favorable environment for semiconductor development, encouraging investments in research and the establishment of local production facilities.

    Recent trends indicate a concerted effort from the US industry to strengthen its semiconductor supply chain amid geopolitical challenges and global competition.

    The resilience of the supply chain is being addressed, leading to increased domestic production of silicon carbide components. Collaborations between public and private sectors are also on the rise, promoting innovation and accelerating development timelines. Overall, the US Silicon Carbide Semiconductor Market is positioned for dynamic evolution, reflecting a broader transition towards sustainable and advanced technological solutions.

    US Silicon Carbide Semiconductor Market Drivers

    Market Segment Insights

    Silicon Carbide Semiconductor Market Application Insights

    The Application segment of the US Silicon Carbide Semiconductor Market comprises crucial areas such as Uninterruptible Power Supplies (UPS), Solar Energy Systems, Electric Vehicle (EV) Charging, and Industrial Drives, each playing a significant role in the growth trajectory of the industry. Silicon Carbide, known for its superior thermal conductivity and efficiency, offers enhanced performance in UPS systems which safeguard sensitive electrical equipment during power outages.

    The renewable energy sector, particularly Solar Energy Systems, stands out due to its increasing adoption driven by government incentives and environmental concerns; Silicon Carbide semiconductors contribute to the efficiency and longevity of solar inverters, thus facilitating the shift towards sustainable energy solutions.

    EV Charging infrastructure is becoming increasingly vital as the demand for electric vehicles continues to rise within the US. Silicon Carbide technology facilitates faster charging and higher power levels, making it essential for the development of a robust EV charging network. This segment sees investment from various stakeholders, including technology firms and government bodies striving to promote clean energy solutions. Moreover, the Industrial Drives segment requires efficient power management and control capabilities, where Silicon Carbide devices excel by enabling compact designs and reduced energy losses, which are particularly important in industrial applications.

    Market trends indicate a growing focus on high-performance applications, driven by technological advances and increasing energy efficiency standards. The transition towards electrification, especially in transportation and industrial sectors, presents significant opportunities for Silicon Carbide semiconductors in delivering improved operational efficiency and lowering carbon footprints. Nonetheless, the market faces challenges such as the need for higher investment in manufacturing capabilities and a skilled workforce adept in advanced technologies.

    The US is committed to leading in semiconductor technology, reflected in growing investments and initiatives to bolster domestic production, which will ultimately benefit the Application segment by ensuring a stable supply chain while promoting innovation in Silicon Carbide technology. Overall, this segment plays a pivotal role in the broader market dynamics, underscoring its importance in shaping a more sustainable and energy-efficient future.

    Silicon Carbide Semiconductor Market Component Insights

    The US Silicon Carbide Semiconductor Market is experiencing significant growth, particularly within the Component segment, which plays a crucial role in various applications such as power electronics and high-frequency devices. Schottky Diodes are known for their high efficiency and capability to handle high voltages, making them essential for energy-efficient designs in automotive and industrial sectors. FET/MOSFET Transistors offer superior switching speeds and thermal stability, which are vital for modern electronic circuits, especially in renewable energy systems and electric vehicles.

    Integrated Circuits manufactured with silicon carbide technology provide enhanced performance in terms of temperature tolerance and power density, allowing for more compact designs in telecommunications and computing. Overall, the importance of these components lies in their ability to improve energy efficiency and reliability across multiple industries, thus driving the US Silicon Carbide Semiconductor Market forward. Market trends are leaning towards a rising demand for reliable and efficient power solutions, fueled by the increasing adoption of electric vehicles and renewable energy initiatives.

    Silicon Carbide Semiconductor Market End-Use Insights

    The US Silicon Carbide Semiconductor Market is extensively segmented by End-Use, with significant applications in Automotive, Consumer Medical Devices, and Energy and Power. The automotive sector is rapidly evolving, driven by the increasing push for electric vehicles and advanced safety features, which require efficient power management solutions offered by silicon carbide. In the realm of Consumer Medical Devices, the demand for high-performance semiconductors is fueled by the growing trend of remote monitoring and diagnostic tools, making reliability and precision paramount.

    Additionally, the Energy and Power sector is embracing silicon carbide technology to improve the efficiency of energy conversion systems and renewable energy integration, supporting the US commitment to a sustainable energy future. The market dynamics are influenced by growing investments and advancements in semiconductor technologies, which pave the way for innovative applications across these vital sectors. Overall, the End-Use segmentation of the US Silicon Carbide Semiconductor Market is crucial, reflecting robust growth potential and technological advancements driven by sector-specific needs and government initiatives aimed at enhancing the country's industrial capabilities.

    Get more detailed insights about US Silicon Carbide Semiconductor Market Research Report -Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The US Silicon Carbide Semiconductor Market is a rapidly evolving sector, characterized by increasing investments and robust competition among key players. As industries such as automotive, telecommunications, and renewable energy continue to adopt silicon carbide technology for its superior performance and efficiency, the competitive landscape is marked by innovation, strategic partnerships, and advancements in manufacturing processes. Companies are leveraging silicon carbide's unique properties, such as high thermal conductivity, wide bandgap, and resistance to high voltages, making it an ideal choice for high-power applications.

    This market is influenced by several factors, including technological advancements, regulatory frameworks, and the growing demand for energy-efficient solutions, which collectively shape the dynamics of competition in the industry.

    VisIC Technologies has established a significant presence within the US Silicon Carbide Semiconductor Market, primarily focusing on offering advanced high-voltage and high-frequency power devices. The company capitalizes on its strong research and development capabilities, which facilitate the continuous improvement of its products for various applications including electric vehicles and renewable energy systems. VisIC Technologies stands out for its proprietary technology that enables improved efficiency and reduced energy losses, which are critical in achieving operational sustainability.

    The company’s ability to continuously innovate while leveraging strategic partnerships and collaborations within the industry has bolstered its market position, allowing it to stay competitive against larger players while still addressing niche segments of the market effectively.SemiSouth Laboratories is another key entity in the US Silicon Carbide Semiconductor Market, known for its focus on high-performance power devices utilizing silicon carbide technology. 

    The company has gained recognition for its products, which include discrete devices and modules specifically tailored for power electronics applications. SemiSouth Laboratories has established a solid market presence due to its commitment to quality and performance, catering to diverse industries such as automotive, consumer electronics, and industrial automation. The company’s strength lies in its extensive experience and expertise in silicon carbide materials, allowing it to deliver highly reliable and efficient solutions.

    SemiSouth Laboratories has engaged in strategic mergers and acquisitions to enhance its technological capabilities and expand its market reach, thereby positioning itself as a trusted supplier in the competitive landscape of the US silicon carbide semiconductor market.

    Key Companies in the US Silicon Carbide Semiconductor Market market include

    Industry Developments

    In the US Silicon Carbide Semiconductor Market, significant developments have emerged recently. VisIC Technologies announced advancements in their 3D chip design aimed at improving performance and efficiency in automotive applications. Meanwhile, ROHM Semiconductor and Cree are collaborating on new power modules to cater to the rising demand for electric vehicles (EVs), enhancing the push for sustainable technologies. In terms of market dynamics, Wolfspeed reported a substantial increase in revenue, attributing it to the heightened adoption of Silicon Carbide devices across various sectors, particularly in renewable energy and electric mobility.

    In April 2023, ON Semiconductor acquired a small-scale manufacturer specializing in Silicon Carbide technology to bolster its portfolio, which further positions the company for growth in emerging markets. The last two to three years have seen substantial investment from companies like Texas Instruments and Infineon Technologies AG, focusing on Research and Development to advance semiconductor technologies. Overall, the US Silicon Carbide Semiconductor Market is witnessing robust growth driven by increased demand in automotive and energy sectors, alongside strategic partnerships that enhance technological capabilities.

    Market Segmentation

    Outlook

    • Automotive
    • Consumer Medical Devices
    • Energy & Power

    Silicon Carbide Semiconductor Market End-Use Outlook

    • Automotive
    • Consumer Medical Devices
    • Energy & Power

    Silicon Carbide Semiconductor Market Component Outlook

    • Schottky Diodes
    • FET/MOSFET Transistors
    • Integrated Circuits

    Silicon Carbide Semiconductor Market Application Outlook

    • UPS
    • Solar Energy System
    • EV Charging
    • Industrial Drives

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 209.1 (USD Million)
    MARKET SIZE 2024 250.0 (USD Million)
    MARKET SIZE 2035 2200.0 (USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 21.86% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED VisIC Technologies, SemiSouth Laboratories, ROHM Semiconductor, KEMET Corporation, Mitsubishi Electric, Diodes Incorporated, Wolfspeed, Power Integrations, Cree, Nexperia, Texas Instruments, Infineon Technologies AG, STMicroelectronics, Qorvo, ON Semiconductor
    SEGMENTS COVERED Application, Component, End-Use
    KEY MARKET OPPORTUNITIES Electric vehicle demand surge, Renewable energy integration, High-efficiency power electronics, Advanced industrial applications, Growth in 5G infrastructure
    KEY MARKET DYNAMICS Growth in electric vehicles, Increasing demand for efficient power, Government initiatives on clean energy, Advancements in semiconductor technology, Rising adoption in renewable energy
    COUNTRIES COVERED US

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

    Leave a Comment

    FAQs

    What is the expected market size of the US Silicon Carbide Semiconductor Market in 2024?

    The US Silicon Carbide Semiconductor Market is expected to be valued at 250.0 million USD in 2024.

    What is the projected market size for the US Silicon Carbide Semiconductor Market by 2035?

    By 2035, the market is projected to reach a value of 2200.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the US Silicon Carbide Semiconductor Market from 2025 to 2035?

    The expected CAGR for the US Silicon Carbide Semiconductor Market from 2025 to 2035 is 21.86%.

    Which application segment is expected to have the highest value by 2035 in the US Silicon Carbide Semiconductor Market?

    By 2035, the Solar Energy System application segment is expected to have the highest value at 600.0 million USD.

    What is the expected market value of the Industrial Drives application in 2024?

    The Industrial Drives application is expected to be valued at 90.0 million USD in 2024.

    Who are the major players in the US Silicon Carbide Semiconductor Market?

    Major players in the market include VisIC Technologies, ROHM Semiconductor, Cree, and Infineon Technologies AG.

    What is the market value for the UPS application in 2035?

    The market value for the UPS application is expected to reach 350.0 million USD by 2035.

    What is the expected market size for the EV Charging application in 2024?

    The EV Charging application is expected to have a market size of 50.0 million USD in 2024.

    How are global trends impacting the US Silicon Carbide Semiconductor Market?

    Global trends such as the shift towards energy-efficient technologies are positively impacting the market growth.

    What is the projected market size for the Solar Energy System application segment in 2024?

    The Solar Energy System application segment is projected to be valued at 70.0 million USD in 2024.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Silicon Carbide Semiconductor Market, BY Application (USD Million)
    45. UPS
    46. Solar Energy System
    47. EV Charging
    48. Industrial Drives
    49. US Silicon Carbide Semiconductor Market, BY Component (USD Million)
    50. Schottky Diodes
    51. FET/MOSFET Transistors
    52. Integrated Circuits
    53. US Silicon Carbide Semiconductor Market, BY End-Use (USD Million)
    54. Automotive
    55. Consumer Medical Devices
    56. Energy & Power
    57. Competitive Landscape
    58. Overview
    59. Competitive Analysis
    60. Market share Analysis
    61. Major Growth Strategy in the Silicon Carbide Semiconductor Market
    62. Competitive Benchmarking
    63. Leading Players in Terms of Number of Developments in the Silicon Carbide Semiconductor Market
    64. Key developments and growth strategies
    65. New Product Launch/Service Deployment
    66. Merger & Acquisitions
    67. Joint Ventures
    68. Major Players Financial Matrix
    69. Sales and Operating Income
    70. Major Players R&D Expenditure. 2023
    71. Company Profiles
    72. VisIC Technologies
    73. Financial Overview
    74. Products Offered
    75. Key Developments
    76. SWOT Analysis
    77. Key Strategies
    78. SemiSouth Laboratories
    79. Financial Overview
    80. Products Offered
    81. Key Developments
    82. SWOT Analysis
    83. Key Strategies
    84. ROHM Semiconductor
    85. Financial Overview
    86. Products Offered
    87. Key Developments
    88. SWOT Analysis
    89. Key Strategies
    90. KEMET Corporation
    91. Financial Overview
    92. Products Offered
    93. Key Developments
    94. SWOT Analysis
    95. Key Strategies
    96. Mitsubishi Electric
    97. Financial Overview
    98. Products Offered
    99. Key Developments
    100. SWOT Analysis
    101. Key Strategies
    102. Diodes Incorporated
    103. Financial Overview
    104. Products Offered
    105. Key Developments
    106. SWOT Analysis
    107. Key Strategies
    108. Wolfspeed
    109. Financial Overview
    110. Products Offered
    111. Key Developments
    112. SWOT Analysis
    113. Key Strategies
    114. Power Integrations
    115. Financial Overview
    116. Products Offered
    117. Key Developments
    118. SWOT Analysis
    119. Key Strategies
    120. Cree
    121. Financial Overview
    122. Products Offered
    123. Key Developments
    124. SWOT Analysis
    125. Key Strategies
    126. Nexperia
    127. Financial Overview
    128. Products Offered
    129. Key Developments
    130. SWOT Analysis
    131. Key Strategies
    132. Texas Instruments
    133. Financial Overview
    134. Products Offered
    135. Key Developments
    136. SWOT Analysis
    137. Key Strategies
    138. Infineon Technologies AG
    139. Financial Overview
    140. Products Offered
    141. Key Developments
    142. SWOT Analysis
    143. Key Strategies
    144. STMicroelectronics
    145. Financial Overview
    146. Products Offered
    147. Key Developments
    148. SWOT Analysis
    149. Key Strategies
    150. Qorvo
    151. Financial Overview
    152. Products Offered
    153. Key Developments
    154. SWOT Analysis
    155. Key Strategies
    156. ON Semiconductor
    157. Financial Overview
    158. Products Offered
    159. Key Developments
    160. SWOT Analysis
    161. Key Strategies
    162. References
    163. Related Reports
    164. US Silicon Carbide Semiconductor Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    165. US Silicon Carbide Semiconductor Market SIZE ESTIMATES & FORECAST, BY COMPONENT, 2019-2035 (USD Billions)
    166. US Silicon Carbide Semiconductor Market SIZE ESTIMATES & FORECAST, BY END-USE, 2019-2035 (USD Billions)
    167. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    168. ACQUISITION/PARTNERSHIP
    169. MARKET SYNOPSIS
    170. US SILICON CARBIDE SEMICONDUCTOR MARKET ANALYSIS BY APPLICATION
    171. US SILICON CARBIDE SEMICONDUCTOR MARKET ANALYSIS BY COMPONENT
    172. US SILICON CARBIDE SEMICONDUCTOR MARKET ANALYSIS BY END-USE
    173. KEY BUYING CRITERIA OF SILICON CARBIDE SEMICONDUCTOR MARKET
    174. RESEARCH PROCESS OF MRFR
    175. DRO ANALYSIS OF SILICON CARBIDE SEMICONDUCTOR MARKET
    176. DRIVERS IMPACT ANALYSIS: SILICON CARBIDE SEMICONDUCTOR MARKET
    177. RESTRAINTS IMPACT ANALYSIS: SILICON CARBIDE SEMICONDUCTOR MARKET
    178. SUPPLY / VALUE CHAIN: SILICON CARBIDE SEMICONDUCTOR MARKET
    179. SILICON CARBIDE SEMICONDUCTOR MARKET, BY APPLICATION, 2025 (% SHARE)
    180. SILICON CARBIDE SEMICONDUCTOR MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    181. SILICON CARBIDE SEMICONDUCTOR MARKET, BY COMPONENT, 2025 (% SHARE)
    182. SILICON CARBIDE SEMICONDUCTOR MARKET, BY COMPONENT, 2019 TO 2035 (USD Billions)
    183. SILICON CARBIDE SEMICONDUCTOR MARKET, BY END-USE, 2025 (% SHARE)
    184. SILICON CARBIDE SEMICONDUCTOR MARKET, BY END-USE, 2019 TO 2035 (USD Billions)
    185. BENCHMARKING OF MAJOR COMPETITORS

    US Silicon Carbide Semiconductor Market Segmentation

     

     

     

    • Silicon Carbide Semiconductor Market By Application (USD Million, 2019-2035)

      • UPS
      • Solar Energy System
      • EV Charging
      • Industrial Drives

     

    • Silicon Carbide Semiconductor Market By Component (USD Million, 2019-2035)

      • Schottky Diodes
      • FET/MOSFET Transistors
      • Integrated Circuits

     

    • Silicon Carbide Semiconductor Market By End-Use (USD Million, 2019-2035)

      • Automotive
      • Consumer Medical Devices
      • Energy & Power

     

     

     

     

     

     

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