SiC Power Devices for Solar Inverter Market

Solar inverters have been a must-have for the solar energy market for years now. As the demand for renewable energy soars, these devices are becoming increasingly important for both residential and commercial customers. However, in order to ensure efficiency and reliability, power devices must also be taken into consideration. Silicon Carbide (SiC) power devices offer numerous advantages over traditional silicon power devices. Solar inverters are devices that convert the direct current (DC) from solar panels into alternating current (AC). They are an essential component of any solar power system because they enable the use of household appliances as well as grid connection.

The global SiC power device market for solar inverters is expected to grow at a CAGR of **% during the forecast period (2018–2031). The Asia-Pacific region is expected to be the largest market for SiC power devices due to the increasing demand for solar PV systems in countries such as China and India. North America is also expected to be a key market due to the growing demand for renewable energy.

Solar inverters are one of the most important components in a solar power system, and their efficiency plays a major role in determining the overall performance of the system. As such, there is a continual push to improve solar inverter technology, and this has led to some exciting new developments in the field of SiC (silicon carbide) power devices.

Some of the key investments by the players in the SiC power devices for solar inverter market are as follows: Infineon, STMicroelectronics, Cree (Wolfspeed), ROHM (SiCrystal), Onsemi, Mitsubishi Electric, Toshiba, Fuji Electric, StarPower Semiconductor, and Roshow Technology.