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SiC And GaN Power Semiconductors Growing At 63 Percent CAGR

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The market for SiC and GaN power semiconductors is expected to grow at 63 percent CAGR between 2011 and 2017, reaching around $500 million, according to The Information Network, a US market research company.

These next generation power devices currently represent a market of $150 million. The silicon power semiconductor market is worth $14 billion.

"The commercial battle for next-generation power semiconductors is evolving. As a result, many semiconductor manufacturers are attempting to enter the market," says Robert Castellano, president of The Information Network.

"We see insulated-gate bipolar transistor (IGBT) and power MOSFET as the main growth drivers," says Castellano, "we look for strongest growth from IGBTs, although power MOSFETs had the largest market share in 2013 due to fast switching speed, near-perfect gate impedance, excellent stability, and a relatively low on-state resistance."


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