To seize the electric vehicle (EV) business opportunity with strong demand, Japan’s Fuji Electric (Fuji Electric) has reported that it will significantly increase the production of silicon carbide (SiC) power semiconductors. market share.
Nikkei reported on the 26th that Fuji Electric plans to expand the production capacity of next-generation power semiconductors using SiC to about 10 times the current (2020) level in 2024, mainly because the demand for electric vehicles such as EVs is expected to expand. . Fuji Electric has already produced SiC power semiconductors for Shinkansen parts, and in preparation for future supply to the automotive industry, a mass production system will be established at factories in Japan. At present, many companies have decided to use Fuji Electric’s SiC power semiconductor products for EVs.
According to reports, Fuji Electric’s Matsumoto Plant, which has already started producing SiC power semiconductors, will gradually increase production from 2022, and the plant of its subsidiary “Fuji Electric Tsugaru Semiconductor” will also introduce SiC power semiconductor production lines, which will be launched in 2024. Mass production begins in the year. Fuji Electric aims to increase the proportion of SiC power semiconductors in the semiconductor business revenue to about 10% in 2025, and aims to increase the global SiC power semiconductor market share to 20% in 2025-2026.
The report pointed out that compared with the current mainstream silicon (Si) products, SiC products can withstand higher voltages and greatly reduce power consumption, which can help to extend EV cruising range and realize battery miniaturization.
Demand for SiC power semiconductors is strong, and it is estimated to jump 11.8 times in 2030
According to a survey report released by Fuji Keizai, a Japanese market research agency on May 23, due to the expansion of demand for automobiles/electronic equipment, the global power semiconductor market size in 2022 (including silicon products and silicon carbide (SiC), gallium nitride ( GaN), gallium oxide and other next-generation power semiconductors) are expected to increase by 11.8% annually to 2,338.6 billion yen, and the market size will continue to expand after that. Annual increase of 1.6 times (an increase of about 160%).
Among them, the market size of silicon-made power semiconductors is estimated to increase by 10.0% annually to 2,213.7 billion yen in 2022, and it is expected to expand to 4,311.8 billion yen in 2030, an increase of 1.1 times compared with 2021; SiC and other times in 2022 The market size of generation power semiconductors is estimated to increase by 58.7% annually to 124.9 billion yen, and then the market size will show rapid expansion. times.
As far as the details of next-generation power semiconductors are concerned, the market size of SiC power semiconductors (including SiC-SBD, SiC-FET, and SiC power modules) is expected to increase by 59.5% to 120.6 billion yen in 2022. It will expand to 969.4 billion yen, which will increase by 11.8 times compared with that in 2021; the market size of GaN power semiconductors is estimated to increase by 21.9% to 3.9 billion yen in 2022, and it is expected to expand to 30.5 billion yen in 2030, which will be more violent than that in 2021. The market size of gallium oxide power semiconductors is estimated to be 300 million yen in 2022, and it is expected to expand to 47 billion yen in 2030.