Japan GaN and SiC Power Semiconductor Market was valued at USD 0.70 Billion in 2022 and is projected to reach USD 2.40 Billion by 2030, growing at a CAGR of 17.9% from 2024 to 2030.
The Japan GaN (Gallium Nitride) and SiC (Silicon Carbide) power semiconductor market has been witnessing significant growth owing to the escalating demand for energy-efficient electronic devices. GaN and SiC power semiconductors are increasingly being adopted across various applications due to their superior properties compared to traditional silicon-based semiconductors. These advanced materials offer higher efficiency, greater power density, and improved thermal management, making them ideal for a wide range of applications. As a result, the market is poised to expand significantly in the coming years, driven by the rising adoption in renewable energy systems, electric vehicles, telecommunications, industrial applications, and consumer electronics.
Renewable energy systems, including solar and wind power generation, are among the primary applications driving the demand for GaN and SiC power semiconductors in Japan. These power semiconductors play a crucial role in improving the efficiency and reliability of power conversion systems used in renewable energy installations. The higher switching frequencies and better thermal management offered by GaN and SiC devices enable more efficient energy conversion, reducing losses and enhancing overall system performance. With Japan's commitment to increasing its renewable energy capacity and achieving carbon neutrality, the adoption of GaN and SiC power semiconductors in this sector is expected to witness robust growth.
The electric vehicle (EV) sector is another significant application area for GaN and SiC power semiconductors in Japan. These advanced power devices are critical in EV powertrains, including inverters, onboard chargers, and DC-DC converters, where efficiency and compactness are essential. GaN and SiC semiconductors offer lower switching losses and higher thermal conductivity, enabling lighter and more compact designs, which in turn contribute to extended driving ranges and reduced charging times. With the Japanese government's strong push towards electrification of transportation and the increasing consumer preference for EVs, the market for GaN and SiC power semiconductors in the automotive sector is poised for substantial growth.
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Mitsubishi Electric Corporation
Infineon Technologies AG
ROHM Semiconductor
NXP Semiconductors
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan GaN and SiC Power Semiconductor Market
Power supplies
Industrial motor drives
PV inverters
Traction
Based on Types the Market is categorized into Below types that held the largest GaN and SiC Power Semiconductor market share In 2023.
SiC Power Module
GaN Power Module
Discrete SiC
Discrete GaN
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan GaN and SiC Power Semiconductor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan GaN and SiC Power Semiconductor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan GaN and SiC Power Semiconductor Market, By Type
6. Japan GaN and SiC Power Semiconductor Market, By Application
7. Japan GaN and SiC Power Semiconductor Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan GaN and SiC Power Semiconductor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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