TechNavio today launched its report, Global SiC Semiconductor Devices Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”Rapid technological advancement is a fast-growing trend in the Global Silicon carbide (SiC) Semiconductor Devices market. The overall technological advancement in the Electronics industry is growing at a faster rate, which has set the trends for technological advancement in SiC semiconductor devices. The fast-growing demands and changing end-user preferences over SiC semiconductor devices is leading to the trend of rapid technological advancement. Vendors need to continuously upgrade the technology and also implement new technologies.”
According to the report, the high demand for SiC semiconductors in industrial applications is one of the major growth drivers in the Global SiC Semiconductor Devices market. Some of the industrial applications where SiC semiconductor usage is generating more interest for the vendors are in motor control and power conversion devices. This interest is mainly because of the low power loss properties of SiC semiconductors, which enhances the power conversion efficiency of electronic devices and also reduces carbon dioxide emissions. These benefits have replaced the usage of silicon in the above-mentioned applications. Furthermore, the application of SiC semiconductors has significantly reduced the size and weight of motors and power devices.
Further, the report reveals that fluctuation in the demand and supply of SiC semiconductors is one of the major challenges affecting the growth of the Global SiC Semiconductor Devices market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-sic-semiconductor-devices-market…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
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TechNavio Announces the Publication of its Research Report – Global SiC Semiconductor Devices Market 2012-2016
