Increasing Integration of Silicon Carbide (SiC) Inverters in the Automotive Sector Drive the Growth of the Market

Global silicon carbide inverters market is anticipated to grow at a CAGR of 9.1% during the forecast period (2025-2035). SiC inverters are revolutionizing power electronics in the automotive sector by offering higher efficiency, better thermal performance, and a greater power density when compared to silicon-based solutions. These inroads have especially picked up steam with the growth of the electrification of the automotive industry, making it possible to improve vehicle range and performance.

Browse the full report description of “Silicon Carbide (SiC) Inverters Market Size, Share & Trends Analysis Report by Inverter Type (Single-phase Inverters, Three-phase Inverters, and Multilevel Inverters), and End-User Industry (Automotive, Energy & Power, Industrial Manufacturing, Transportation, IT & Telecommunication, and Others) Forecast Period (2025-2035)” at https://www.omrglobal.com/industry-reports/silicon-carbide-inverters-market

Growing Role of SiC Inverters in the Development of Automotive

• SiC inverters reduce power losses greatly in energy conversion and lead to the proper utilization of energy thereby improving electric vehicle mileage ranges.

• By lowering the vehicle's overall weight, SiC inverters enable smaller designs that improve handling and fuel efficiency.

• The system based on SiC works at a higher temperature as it has the characteristic of high thermal conductivity, reducing the need for complicated cooling systems and consequently increasing durability.

• SiC inverters' advanced features are essential for fulfilling the strict energy efficiency and emission requirements set by global regulatory organizations such as the European Union and the US Environmental Protection Agency.

Key Players and Innovations

The key companies innovating, with new technologies to address the changing needs of the silicon carbide inverters market. Several major players lead the silicon carbide inverters industry, including BorgWarner Inc., DENSO CORP., Marelli Holdings Co., Ltd., and ZF Friedrichshafen AG. For instance, McLaren Applied Ltd. provides an IPG5-x 800V Silicon Carbide Integrated Inverter - flexible and easy to integrate for faster charging, efficiency, and range. The hybrid and electric vehicle market is growing rapidly, and changing too. The key driver to competitiveness in this area is the improvement of powertrain efficiency. In addition, Wolfspeed, Inc. offers a 300 kW XM3 Three-Phase Inverter. The major application areas include vehicle traction inverters, energy storage, grid-tied renewable energy, and smart-grid & flexible AC transmission systems. This 300kW three-phase inverter displays in-class system-level power density and efficiency through the usage of Wolfspeed's new XM3 power module platform.

Market Coverage

• The market number available for – 2024-2035

• Base year- 2024

• Forecast period- 2025-2035

• Segment Covered- 

o By Inverter Type 

o By End-User Industry

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape - BorgWarner Inc., DENSO CORP., Marelli Holdings Co., Ltd., General Electric Co., Helix, Hitachi, Ltd., Nissan Motor Co., Ltd., Valeo Group, ZeroAvia, Inc., and ZF Friedrichshafen AG.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Silicon Carbide Inverters Market Report Segment

By Inverter Type 

• Single-phase Inverters
• Three-phase Inverters
• Multilevel Inverters

By End-User Industry

• Automotive
• Energy & Power
• Industrial Manufacturing
• Transportation
• IT & Telecommunication
• Others (Aerospace & Defense)

Global Silicon Carbide Inverters Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Russia

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Australia and New Zealand

• ASEAN Economies

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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