SiC power electronics market dominates in Asia Pacific with 60% share, revolutionizing automotive & EV/HEV apps.

In Bangalore, India, as of December 23, 2024, the SiC Based Power Electronics Market is seeing growth, with segmentation by type including SiC MOSFET Modules, SiC MOSFET Discrete, SiC SBD, and Others (such as SiC JFETs & FETs). This market is further divided by application into Automotive & EV/HEV, EV Charging, Industrial Motor/Drive, PV, Energy Storage, Wind Power, etc.