Global Next-Generation Power Semiconductors Market Size, Status and Forecast 2019-2025

Silicon semiconductor products have evolved over time, with the creation of high precision semiconductor manufacturing equipments and the optimization of device configuration and wafer process. This contributed to the development of miniaturized and high performance electronic products which have become a major part in our daily lives.
In recent years, GaN (gallium nitride) and SiC (silicon Carbide) based semiconductors called the "Next Generation Power Semiconductors"have been receiving much attention. Compared to silicon, GaN and SiC have a wider band gap (Si:1.1, SiC:3.3, GaN:3.4), and therefore it is also called "Wide Band Gap Semiconductors". Comparing the material properties, the figure of merit of SiC is 440 times greater, and GaN is 1130 times than that of Silicon. To fully utilize this material, development in the area of peripheral technology is currently underway. A more compact and highly efficient equipment can be created, by replacing conventional Si(Silicon) semiconductors with a GaN or SiC based new generation power semiconductor. The next generation power semiconductors are expected to open up a new field of opportunities for electronic equipments.
In 2018, the global Next-Generation Power Semiconductors market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Next-Generation Power Semiconductors status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Next-Generation Power Semiconductors development in United States, Europe and China.

The key players covered in this study
Cisco Systems
Fortinet
Barracuda Networks
Juniper Networks
Palo Alto Networks
Forcepoint
Zscaler
Watchguard Technologies
Sophos Group
Check Point Software Technologies

Market analysis by product type
GaN
SiC

Market analysis by market
Renewable Energy
Hybrid & Electric Vehicle
Smart Homes
LED Lights

Market analysis by Region
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Next-Generation Power Semiconductors status, future forecast, growth opportunity, key market and key players.
To present the Next-Generation Power Semiconductors development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Next-Generation Power Semiconductors are as follows:
History Year: 2018-2019
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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