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Home | Search Global IT News: IT News & Press Release Distribution: Global Silicon Carbide Market for Semiconductor Applications Predicted to Grow at a CAGR of 18.12% during the period 2017-2021   Market Research HUB (IT-NEWSWIRE.COM, May 22, 2017 ) Silicon carbide (SiC) is a wide-band gap semiconductor material that is used for various applications in the semiconductor industry. SiC has an outstanding thermal performance, power switching frequencies, and power ratings compared with silicon. It has the potential to deliver high-power switching applications in extreme environments. Silicon carbide (SiC) is a wide-band gap semiconductor material that is used for various applications in the semiconductor industry. SiC has an outstanding thermal performance, power switching frequency, and power rating compared with silicon. It has the potential to deliver high-power switching applications in extreme environments. SiCs are mostly used in MOSFETs, apart from other devices. Technavios analysts forecast the global silicon carbide market for semiconductor applications to grow at a CAGR of 18.12% during the period 2017-2021. Request Free Sample Report - http://www.marketresearchhub.com/enquiry.php?type=S&repid=1068162 Power density is the major factor to achieve technological advances in power electronics, especially in high-power applications thus, vendors are investing in R&D processes to develop devices that operate at higher levels of power density. For instance, electric rail traction drives, inverter systems, wind power generators, and solar power generators use power electronics devices to improve their operational efficiencies. Additionally, power electronics devices offer advantages such as less driving power, simplified circuits, and optimum forward and reverse blocking capabilities which enables them to operate at higher power densities. One of the latest trends that will gain traction in the silicon carbide market for semiconductor applications in the coming years is the expansion of applications across other sectors. Technological advances in electric vehicles (EVs) and hybrid EVs drive the demand for power electronics devices in this sector. Additionally, applications in the automobile sector also drives the demand for power electronics devices, which have high power densities, in the global power electronics market. These devices help to conserve energy and offer a reliable source of energy for communication needs. The market is divided into the following segments based on geography: Americas APAC EMEA Technavio's report, Global Silicon Carbide Market for Semiconductor Applications 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors Cree GeneSiC Semiconductor Infineon Technologies STMicroelectronics Browse Full Report with TOC - http://www.marketresearchhub.com/report/global-silicon-carbide-market-for-semiconductor-applications-2017-2021-report.html Other prominent vendors Microsemi Monolith Semiconductor United Silicon Carbide Toshiba Market driver Increasing embedding of SiC-based power electronics in EVs and hybrid EVs. For a full, detailed list, view our report Market challenge High investment requirements. For a full, detailed list, view our report Market trend Expansion of applications across other sectors. For a full, detailed list, view our report Key questions answered in this report What will the market size be in 2021 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? Make an Enquiry - http://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1068162 About Market Research Hub Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps. Contact Us 90 State Street, Albany, NY 12207, United States Toll Free : 866-997-4948 (US-Canada) Tel : +1-518-621-2074 Email : press@marketresearchhub.com Website : http://www.marketresearchhub.com/ Market Research Hub Sudip S +1-518-621-2074 sales@marketresearchhub.com Source: EmailWire.Com Source: EmailWire.com

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