【Domestic News】The Market Demand of Power Semiconductor Continues to Grow

  In May 2022,  FUJI KEIZAI CO., LTD. investigated the global power semiconductor market and released the results. Due to the popularity of electric vehicles and renewable energy, the power semiconductor market, which is expected to grow in demand, is expected to expand to 5358.7 billion yen (about 277.6 billion yuan) in 2030, and 2338.6 billion yen (about 121.1 billion yuan) in 2022.

  The objects of this investigation are "silicon power semiconductor" and "next generation power semiconductor" based on SiC, GaN, Ga₂O₃ and diamond.  FUJI KEIZAI CO., LTD. also investigated 20 "components" and 19 "manufacturing equipment" of power semiconductor . The survey period is from December 2021 to February 2022.

  In 2021, the power semiconductor market will grow by 20.7% compared with 2020, due to the increased demand in 5G related fields in China and Europe, as well as information and telecommunications equipment fields such as automobile and electrical equipment. The expansion trend will continue in 2022, but due to the shortage of spare parts and other problems, it is expected to grow by 11.8% to 2338.6 billion yen.

Market Prediction of Global Power Semiconductor Source from FUJI KEIZAI CO., LTD

  What deserves attention is the market of "SiC power semiconductor", "GaN power semiconductor" and "Ga₂O₃ power semiconductor",which is regarded as the next generation of power semiconductor. In the SiC power semiconductor market targeting SiC-SBD, SiC-FET and SiC power modules, the demand for server power supply, solar power generation equipment, electric vehicles and charging infrastructure will increase. Therefore, the scale is expected to reach 969.4 billion yen in 2030.

In the GaN power semiconductor market, the demands for applications such as AC adapters, server power supplies, robots and electric vehicles are increasing, and the market size is expected to reach 30.5 billion yen in 2030. The mass production of Ga₂O₃ power semiconductor began in 2022. In addition to consumer equipment, we expect it will also be used for information and communication equipment and industrial equipment. Product development in the field of automotive and electrical equipment is also ongoing. In the next generation of power semiconductors, it is said to have the characteristics of high voltage resistance, low loss, low cost, etc. Therefore, the market size is expected to reach 47 billion yen in 2030.

Global Market Prediction of Next Generation Power Semiconductor  Source from FUJI KEIZAI CO., LTD.

  In addition, in terms of components, insulating heat dissipation substrates and sealing materials will drive the market. In the future, It is expected to achieve the growth in sales of sintered joint materials and silicon nitride circuit boards . Therefore, the market size is expected to be 499.4 billion yen in 2030 and 275.3 billion yen in 2022.

  As the size of SiC wafers increases to 8 inches, the demand for manufacturing equipment is expected to grow in 2022. However, some people worry that the delivery time will be extended due to the shortage of semiconductors. The market size is expected to be 373.6 billion yen in 2030 and 208.5 billion yen in 2022.

Market Prediction of Global Power Semiconductor Components and Manufacturing Equipment   Source from FUJI KEIZAI CO., LTD.