Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Report – Research, Industry Analysis Reports and Market Demands

Global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market 2025 by Company, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

2 Company Profiles

3 Market Competition, by Players

3.1 Global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
- 3.2.1 Market Share of Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules by Company Revenue
- 3.2.2 Top 3 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Players Market Share in 2024
- 3.2.3 Top 6 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Players Market Share in 2024
3.3 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market: Overall Company Footprint Analysis
- 3.3.1 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market: Region Footprint
- 3.3.2 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market: Company Product Type Footprint
- 3.3.3 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

4.1 Global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value and Market Share by Type (2020-2025)
4.2 Global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Forecast by Type (2026-2031)

5 Market Size Segment by Application

5.1 Global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value Market Share by Application (2020-2025)
5.2 Global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Forecast by Application (2026-2031)

6 North America

6.1 North America Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Type (2020-2031)
6.2 North America Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size by Application (2020-2031)
6.3 North America Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size by Country
- 6.3.1 North America Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Country (2020-2031)
- 6.3.2 United States Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 6.3.3 Canada Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 6.3.4 Mexico Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)

7 Europe

7.1 Europe Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Type (2020-2031)
7.2 Europe Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Application (2020-2031)
7.3 Europe Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size by Country
- 7.3.1 Europe Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Country (2020-2031)
- 7.3.2 Germany Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 7.3.3 France Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 7.3.4 United Kingdom Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 7.3.5 Russia Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 7.3.6 Italy Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)

8 Asia-Pacific

8.1 Asia-Pacific Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size by Region
- 8.3.1 Asia-Pacific Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Region (2020-2031)
- 8.3.2 China Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 8.3.3 Japan Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 8.3.4 South Korea Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 8.3.5 India Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 8.3.6 Southeast Asia Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 8.3.7 Australia Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)

9 South America

9.1 South America Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Type (2020-2031)
9.2 South America Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Application (2020-2031)
9.3 South America Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size by Country
- 9.3.1 South America Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Country (2020-2031)
- 9.3.2 Brazil Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 9.3.3 Argentina Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)

10 Middle East & Africa

10.1 Middle East & Africa Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size by Country
- 10.3.1 Middle East & Africa Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Consumption Value by Country (2020-2031)
- 10.3.2 Turkey Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 10.3.3 Saudi Arabia Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)
- 10.3.4 UAE Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Size and Forecast (2020-2031)

11 Market Dynamics

11.1 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Drivers
11.2 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Market Restraints
11.3 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Trends Analysis
11.4 Porters Five Forces Analysis
- 11.4.1 Threat of New Entrants
- 11.4.2 Bargaining Power of Suppliers
- 11.4.3 Bargaining Power of Buyers
- 11.4.4 Threat of Substitutes
- 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

12.1 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Industry Chain
12.2 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Upstream Analysis
12.3 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Midstream Analysis
12.4 Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules Downstream Analysis

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology
14.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules market size was valued at US$ 2453 million in 2024 and is forecast to a readjusted size of USD 14030 million by 2031 with a CAGR of 26.9% during review period.
Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules refer to power electronic devices manufactured using wide bandgap materials such as silicon carbide (SiC) and gallium nitride (GaN). These materials possess a wider bandgap compared to traditional silicon-based materials, enabling operation at higher temperatures, voltages, and frequencies. They exhibit lower on-state resistance, higher efficiency, and smaller form factors. WBG devices are widely applied in high-efficiency power conversion, electric vehicles, renewable energy systems, and other fields.
Global key wide Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules manufacturers include Wolfspped (Cree), Infineon Technologies, ROHM Semiconductor, STMicroelectronics and onsemi etc.The top 5 companies hold a share over 70%.
The market drivers for Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules primarily stem from their significant advantages in performance and efficiency, as well as the global demand for improved energy efficiency. First, the rapid expansion of the electric vehicle (EV) market has made WBG devices a critical component in EV power systems due to their ability to operate at higher temperatures, voltages, and frequencies while reducing energy losses. Additionally, the fast-growing renewable energy systems, such as solar inverters and wind power systems, are driving the adoption of WBG devices because they enable more efficient power conversion and higher system reliability. Furthermore, the increasing demand for efficient power management in data centers and telecommunications infrastructure is promoting the market penetration of WBG devices. Due to the lower on-state resistance and higher switching speeds of wide bandgap materials, power electronics can operate at higher efficiencies, reducing cooling requirements and lowering operational costs.
From a trend’s perspective, Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules are moving towards higher integration and modularization. In the future, advancements in manufacturing processes and cost reductions will make WBG devices more prevalent, gradually replacing traditional silicon-based devices. Currently, gallium nitride (GaN) and silicon carbide (SiC) are the two leading materials, with SiC dominating high-power applications and GaN being more suitable for high-frequency applications. Over the next few years, these two materials are expected to continue leading the market, but emerging ultra-wide bandgap materials like zinc oxide (ZnO) and diamond may also begin to gain prominence. Moreover, the rise of smart grids, industrial automation, and 5G communications offers vast application prospects for WBG devices. The growing demand for high-performance, low-energy, and compact solutions in these emerging fields will accelerate innovation and development in WBG technology.
This report is a detailed and comprehensive analysis for global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules market size and forecasts, in consumption value ($ Million), 2020-2031
Global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wolfspped (Cree), Infineon Technologies, ROHM Semiconductor, STMicroelectronics, onsemi, Mitsubishi Electric, Littelfuse, Microsemi, GeneSiC Semiconductor, Transphorm, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Power SiC Devices and Modules
Power GaN Devices and Modules
Market segment by Application
Electric Vehicle
Photovoltaic and Energy Storage Systems
Electric Vehicle Charging Infrastructure
PFC Power Supply
Rail
Motor Drive
UPS
Others
Market segment by players, this report covers
Wolfspped (Cree)
Infineon Technologies
ROHM Semiconductor
STMicroelectronics
onsemi
Mitsubishi Electric
Littelfuse
Microsemi
GeneSiC Semiconductor
Transphorm
GaN Systems
Navitas Semiconductor
Efficient Power Conversion (EPC)
Coherent
GE Aerospace
Bruckewell
Powerex
Qorvo
DENSO
Fuji Electric
Renesas
Semikron Danfoss
Bosch
Vitesco
NXP
CISSOID
Trinno
SK powertech
Rfsemi
Power Master Semiconductor
Actron Technology
United Nova Technology
Silan
GTA Semiconductor
BASiC Semiconductor
Pyrotech Workspace Solutions
Wingtech Technology
Yangzhou Yangjie Electronic Technology
Oriental Semiconductor
BYD Semiconductor
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules, with revenue, gross margin, and global market share of Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules from 2020 to 2025.
Chapter 3, the Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules.
Chapter 13, to describe Wide Bandgap Power (WBG) Semiconductor Power Devices and Modules research findings and conclusion.

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