Silicon Carbide in Photovoltaic Inverter:SiC is used in power electronics devices, like inverters, which deliver energy from photovoltaic (PV) arrays to the electric grid, and other applications, like heat exchangers in concentrating solar power (CSP) plants and electric vehicles.SiC withstands higher temperatures and voltages than silicon, making it a more reliable and versatile inverter component. Inverters convert direct current electricity generated by solar panels from to grid-compatible alternating current.
The global SiC Based Photovoltaic Inverter market is projected to reach US$ 7969.1 million in 2029, increasing from US$ 5890 million in 2022, with the CAGR of 6.9% during the period of 2023 to 2029.
The global SiC-based photovoltaic (PV) inverter market refers to the market for photovoltaic inverters that utilize silicon carbide (SiC) as the semiconductor material. SiC-based PV inverters offer several advantages over traditional inverters, including higher efficiency, improved thermal management, and higher power density.
Here are some key features and trends in the global SiC-based PV inverter market:
Growing Demand for Solar Energy: The increasing adoption of solar energy as a clean and renewable power source is a significant driver for the SiC-based PV inverter market. SiC-based inverters enable higher energy conversion efficiency, reducing energy losses in the conversion process. As governments and organizations worldwide promote the adoption of solar energy, the demand for SiC-based PV inverters is expected to grow significantly.
Enhanced Efficiency and Power Density: SiC-based PV inverters offer higher efficiency compared to traditional silicon-based inverters. SiC devices have lower switching losses and reduced conduction losses, resulting in improved overall system efficiency. Additionally, SiC-based devices allow for higher power density, enabling more power to be generated from smaller and lightweight inverters.
Improved Thermal Management: SiC-based PV inverters have better thermal properties compared to silicon-based inverters. SiC devices can operate at higher temperatures and handle higher current densities, resulting in improved thermal management. This capability allows SiC-based PV inverters to maintain performance and reliability under challenging operating conditions.
Grid-Friendly Power Conversion: SiC-based PV inverters offer grid-friendly power conversion capabilities. They provide high power quality by regulating the voltage and frequency of the generated solar power, ensuring compatibility with utility grids. SiC-based PV inverters also enable advanced grid management functions such as reactive power control and grid stabilization, contributing to the stability and reliability of the overall power system.
Cost Reduction and Technological Advancements: The SiC-based PV inverter market is witnessing cost reduction initiatives and technological advancements. Manufacturers are investing in research and development to improve SiC device manufacturing processes, reducing production costs. Additionally, advancements in SiC device packaging and integration techniques are being explored to further enhance efficiency and reliability while reducing overall system costs.
Regional 麻豆原创 Growth: The adoption of SiC-based PV inverters varies across regions, depending on factors such as government policies, solar energy market maturity, and the availability of manufacturing capabilities. Currently, regions such as Europe, North America, and Asia Pacific are at the forefront of SiC-based PV inverter adoption due to supportive government policies and the rapid growth of solar installations.
In conclusion, the global SiC-based PV inverter market is experiencing growth driven by the increasing demand for solar energy and the need for higher efficiency and power density in PV systems. SiC-based PV inverters offer advantages such as enhanced efficiency, improved thermal management, and grid-friendly power conversion. With ongoing cost reduction efforts and technological advancements, the SiC-based PV inverter market is expected to continue growing as solar energy adoption expands worldwide.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global SiC Based Photovoltaic Inverter market with multiple angles, which provides sufficient supports to readers鈥� strategy and decision making.
By Company
STMicroelectronics
Cree, Inc.
ON Semiconductor
ROHM CO., LTD.
Infineon Technologies AG
NXP Semiconductor NV
ABB Group
Renesas Electronics Corporation
Fuji Electric Co, Ltd.
Mitsubishi Electric Corp.
McLaren Applied
BorgWarner
Wolfspeed
NXP
Punch Powertrain
Segment by Type
Isolated Photovoltaic Inverter
Non-isolated Photovoltaic Inverter
Segment by Application
Automotive
Consumer Electronics
IT & Telecommunication
Aerospace & Defense
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The SiC Based Photovoltaic Inverter report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers鈥� Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers鈥� Outline
Chapter 8: Industry Chain, 麻豆原创 Channel and Customer Analysis
Chapter 9: 麻豆原创 Opportunities and Challenges
Chapter 10: 麻豆原创 Conclusions
Chapter 11: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 SiC Based Photovoltaic Inverter 麻豆原创 Overview
1.1 Product Definition
1.2 SiC Based Photovoltaic Inverter Segment by Type
1.2.1 Global SiC Based Photovoltaic Inverter 麻豆原创 Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Isolated Photovoltaic Inverter
1.2.3 Non-isolated Photovoltaic Inverter
1.3 SiC Based Photovoltaic Inverter Segment by Application
1.3.1 Global SiC Based Photovoltaic Inverter 麻豆原创 Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Automotive
1.3.3 Consumer Electronics
1.3.4 IT & Telecommunication
1.3.5 Aerospace & Defense
1.3.6 Others
1.4 Global 麻豆原创 Growth Prospects
1.4.1 Global SiC Based Photovoltaic Inverter Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global SiC Based Photovoltaic Inverter Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global SiC Based Photovoltaic Inverter Production Estimates and Forecasts (2018-2029)
1.4.4 Global SiC Based Photovoltaic Inverter 麻豆原创 Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 麻豆原创 Competition by Manufacturers
2.1 Global SiC Based Photovoltaic Inverter Production 麻豆原创 Share by Manufacturers (2018-2023)
2.2 Global SiC Based Photovoltaic Inverter Production Value 麻豆原创 Share by Manufacturers (2018-2023)
2.3 Global Key Players of SiC Based Photovoltaic Inverter, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global SiC Based Photovoltaic Inverter 麻豆原创 Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global SiC Based Photovoltaic Inverter Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of SiC Based Photovoltaic Inverter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of SiC Based Photovoltaic Inverter, Product Offered and Application
2.8 Global Key Manufacturers of SiC Based Photovoltaic Inverter, Date of Enter into This Industry
2.9 SiC Based Photovoltaic Inverter 麻豆原创 Competitive Situation and Trends
2.9.1 SiC Based Photovoltaic Inverter 麻豆原创 Concentration Rate
2.9.2 Global 5 and 10 Largest SiC Based Photovoltaic Inverter Players 麻豆原创 Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 SiC Based Photovoltaic Inverter Production by Region
3.1 Global SiC Based Photovoltaic Inverter Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global SiC Based Photovoltaic Inverter Production Value by Region (2018-2029)
3.2.1 Global SiC Based Photovoltaic Inverter Production Value 麻豆原创 Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of SiC Based Photovoltaic Inverter by Region (2024-2029)
3.3 Global SiC Based Photovoltaic Inverter Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global SiC Based Photovoltaic Inverter Production by Region (2018-2029)
3.4.1 Global SiC Based Photovoltaic Inverter Production 麻豆原创 Share by Region (2018-2023)
3.4.2 Global Forecasted Production of SiC Based Photovoltaic Inverter by Region (2024-2029)
3.5 Global SiC Based Photovoltaic Inverter 麻豆原创 Price Analysis by Region (2018-2023)
3.6 Global SiC Based Photovoltaic Inverter Production and Value, Year-over-Year Growth
3.6.1 North America SiC Based Photovoltaic Inverter Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe SiC Based Photovoltaic Inverter Production Value Estimates and Forecasts (2018-2029)
3.6.3 China SiC Based Photovoltaic Inverter Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan SiC Based Photovoltaic Inverter Production Value Estimates and Forecasts (2018-2029)
3.6.5 South Korea SiC Based Photovoltaic Inverter Production Value Estimates and Forecasts (2018-2029)
4 SiC Based Photovoltaic Inverter Consumption by Region
4.1 Global SiC Based Photovoltaic Inverter Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global SiC Based Photovoltaic Inverter Consumption by Region (2018-2029)
4.2.1 Global SiC Based Photovoltaic Inverter Consumption by Region (2018-2023)
4.2.2 Global SiC Based Photovoltaic Inverter Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America SiC Based Photovoltaic Inverter Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America SiC Based Photovoltaic Inverter Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe SiC Based Photovoltaic Inverter Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe SiC Based Photovoltaic Inverter Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific SiC Based Photovoltaic Inverter Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific SiC Based Photovoltaic Inverter Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa SiC Based Photovoltaic Inverter Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa SiC Based Photovoltaic Inverter Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global SiC Based Photovoltaic Inverter Production by Type (2018-2029)
5.1.1 Global SiC Based Photovoltaic Inverter Production by Type (2018-2023)
5.1.2 Global SiC Based Photovoltaic Inverter Production by Type (2024-2029)
5.1.3 Global SiC Based Photovoltaic Inverter Production 麻豆原创 Share by Type (2018-2029)
5.2 Global SiC Based Photovoltaic Inverter Production Value by Type (2018-2029)
5.2.1 Global SiC Based Photovoltaic Inverter Production Value by Type (2018-2023)
5.2.2 Global SiC Based Photovoltaic Inverter Production Value by Type (2024-2029)
5.2.3 Global SiC Based Photovoltaic Inverter Production Value 麻豆原创 Share by Type (2018-2029)
5.3 Global SiC Based Photovoltaic Inverter Price by Type (2018-2029)
6 Segment by Application
6.1 Global SiC Based Photovoltaic Inverter Production by Application (2018-2029)
6.1.1 Global SiC Based Photovoltaic Inverter Production by Application (2018-2023)
6.1.2 Global SiC Based Photovoltaic Inverter Production by Application (2024-2029)
6.1.3 Global SiC Based Photovoltaic Inverter Production 麻豆原创 Share by Application (2018-2029)
6.2 Global SiC Based Photovoltaic Inverter Production Value by Application (2018-2029)
6.2.1 Global SiC Based Photovoltaic Inverter Production Value by Application (2018-2023)
6.2.2 Global SiC Based Photovoltaic Inverter Production Value by Application (2024-2029)
6.2.3 Global SiC Based Photovoltaic Inverter Production Value 麻豆原创 Share by Application (2018-2029)
6.3 Global SiC Based Photovoltaic Inverter Price by Application (2018-2029)
7 Key Companies Profiled
7.1 STMicroelectronics
7.1.1 STMicroelectronics SiC Based Photovoltaic Inverter Corporation Information
7.1.2 STMicroelectronics SiC Based Photovoltaic Inverter Product Portfolio
7.1.3 STMicroelectronics SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.1.4 STMicroelectronics Main Business and 麻豆原创s Served
7.1.5 STMicroelectronics Recent Developments/Updates
7.2 Cree, Inc.
7.2.1 Cree, Inc. SiC Based Photovoltaic Inverter Corporation Information
7.2.2 Cree, Inc. SiC Based Photovoltaic Inverter Product Portfolio
7.2.3 Cree, Inc. SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Cree, Inc. Main Business and 麻豆原创s Served
7.2.5 Cree, Inc. Recent Developments/Updates
7.3 ON Semiconductor
7.3.1 ON Semiconductor SiC Based Photovoltaic Inverter Corporation Information
7.3.2 ON Semiconductor SiC Based Photovoltaic Inverter Product Portfolio
7.3.3 ON Semiconductor SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.3.4 ON Semiconductor Main Business and 麻豆原创s Served
7.3.5 ON Semiconductor Recent Developments/Updates
7.4 ROHM CO., LTD.
7.4.1 ROHM CO., LTD. SiC Based Photovoltaic Inverter Corporation Information
7.4.2 ROHM CO., LTD. SiC Based Photovoltaic Inverter Product Portfolio
7.4.3 ROHM CO., LTD. SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.4.4 ROHM CO., LTD. Main Business and 麻豆原创s Served
7.4.5 ROHM CO., LTD. Recent Developments/Updates
7.5 Infineon Technologies AG
7.5.1 Infineon Technologies AG SiC Based Photovoltaic Inverter Corporation Information
7.5.2 Infineon Technologies AG SiC Based Photovoltaic Inverter Product Portfolio
7.5.3 Infineon Technologies AG SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Infineon Technologies AG Main Business and 麻豆原创s Served
7.5.5 Infineon Technologies AG Recent Developments/Updates
7.6 NXP Semiconductor NV
7.6.1 NXP Semiconductor NV SiC Based Photovoltaic Inverter Corporation Information
7.6.2 NXP Semiconductor NV SiC Based Photovoltaic Inverter Product Portfolio
7.6.3 NXP Semiconductor NV SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.6.4 NXP Semiconductor NV Main Business and 麻豆原创s Served
7.6.5 NXP Semiconductor NV Recent Developments/Updates
7.7 ABB Group
7.7.1 ABB Group SiC Based Photovoltaic Inverter Corporation Information
7.7.2 ABB Group SiC Based Photovoltaic Inverter Product Portfolio
7.7.3 ABB Group SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.7.4 ABB Group Main Business and 麻豆原创s Served
7.7.5 ABB Group Recent Developments/Updates
7.8 Renesas Electronics Corporation
7.8.1 Renesas Electronics Corporation SiC Based Photovoltaic Inverter Corporation Information
7.8.2 Renesas Electronics Corporation SiC Based Photovoltaic Inverter Product Portfolio
7.8.3 Renesas Electronics Corporation SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Renesas Electronics Corporation Main Business and 麻豆原创s Served
7.7.5 Renesas Electronics Corporation Recent Developments/Updates
7.9 Fuji Electric Co, Ltd.
7.9.1 Fuji Electric Co, Ltd. SiC Based Photovoltaic Inverter Corporation Information
7.9.2 Fuji Electric Co, Ltd. SiC Based Photovoltaic Inverter Product Portfolio
7.9.3 Fuji Electric Co, Ltd. SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Fuji Electric Co, Ltd. Main Business and 麻豆原创s Served
7.9.5 Fuji Electric Co, Ltd. Recent Developments/Updates
7.10 Mitsubishi Electric Corp.
7.10.1 Mitsubishi Electric Corp. SiC Based Photovoltaic Inverter Corporation Information
7.10.2 Mitsubishi Electric Corp. SiC Based Photovoltaic Inverter Product Portfolio
7.10.3 Mitsubishi Electric Corp. SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Mitsubishi Electric Corp. Main Business and 麻豆原创s Served
7.10.5 Mitsubishi Electric Corp. Recent Developments/Updates
7.11 McLaren Applied
7.11.1 McLaren Applied SiC Based Photovoltaic Inverter Corporation Information
7.11.2 McLaren Applied SiC Based Photovoltaic Inverter Product Portfolio
7.11.3 McLaren Applied SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.11.4 McLaren Applied Main Business and 麻豆原创s Served
7.11.5 McLaren Applied Recent Developments/Updates
7.12 BorgWarner
7.12.1 BorgWarner SiC Based Photovoltaic Inverter Corporation Information
7.12.2 BorgWarner SiC Based Photovoltaic Inverter Product Portfolio
7.12.3 BorgWarner SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.12.4 BorgWarner Main Business and 麻豆原创s Served
7.12.5 BorgWarner Recent Developments/Updates
7.13 Wolfspeed
7.13.1 Wolfspeed SiC Based Photovoltaic Inverter Corporation Information
7.13.2 Wolfspeed SiC Based Photovoltaic Inverter Product Portfolio
7.13.3 Wolfspeed SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Wolfspeed Main Business and 麻豆原创s Served
7.13.5 Wolfspeed Recent Developments/Updates
7.14 NXP
7.14.1 NXP SiC Based Photovoltaic Inverter Corporation Information
7.14.2 NXP SiC Based Photovoltaic Inverter Product Portfolio
7.14.3 NXP SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.14.4 NXP Main Business and 麻豆原创s Served
7.14.5 NXP Recent Developments/Updates
7.15 Punch Powertrain
7.15.1 Punch Powertrain SiC Based Photovoltaic Inverter Corporation Information
7.15.2 Punch Powertrain SiC Based Photovoltaic Inverter Product Portfolio
7.15.3 Punch Powertrain SiC Based Photovoltaic Inverter Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Punch Powertrain Main Business and 麻豆原创s Served
7.15.5 Punch Powertrain Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 SiC Based Photovoltaic Inverter Industry Chain Analysis
8.2 SiC Based Photovoltaic Inverter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 SiC Based Photovoltaic Inverter Production Mode & Process
8.4 SiC Based Photovoltaic Inverter Sales and 麻豆原创ing
8.4.1 SiC Based Photovoltaic Inverter Sales Channels
8.4.2 SiC Based Photovoltaic Inverter Distributors
8.5 SiC Based Photovoltaic Inverter Customers
9 SiC Based Photovoltaic Inverter 麻豆原创 Dynamics
9.1 SiC Based Photovoltaic Inverter Industry Trends
9.2 SiC Based Photovoltaic Inverter 麻豆原创 Drivers
9.3 SiC Based Photovoltaic Inverter 麻豆原创 Challenges
9.4 SiC Based Photovoltaic Inverter 麻豆原创 Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 麻豆原创 Size Estimation
11.1.3 麻豆原创 Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
STMicroelectronics
Cree, Inc.
ON Semiconductor
ROHM CO., LTD.
Infineon Technologies AG
NXP Semiconductor NV
ABB Group
Renesas Electronics Corporation
Fuji Electric Co, Ltd.
Mitsubishi Electric Corp.
McLaren Applied
BorgWarner
Wolfspeed
NXP
Punch Powertrain
听
听
*If Applicable.
