Wide Band Gap Semiconductors Market Size, Share, and Trends 2025 to 2034

The global wide band gap (WBG) semiconductors market size is calculated at USD 2.44 billion in 2025 and is forecasted to reach around USD 8.42 billion by 2034, accelerating at a CAGR of 14.74% from 2025 to 2034. The North America market size surpassed USD 0.98 billion in 2024 and is expanding at a CAGR of 14.87% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

Last Updated : July 2025  |  Report Code : 6467  |  Category : Semiconductor and Electronic  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Wide Band Gap (WBG) Semiconductors Market 

5.1. COVID-19 Landscape: Wide Band Gap (WBG) Semiconductors Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Wide Band Gap (WBG) Semiconductors Market, By Material Type

8.1. Wide Band Gap (WBG) Semiconductors Market Revenue and Volume, by Material Type

8.1.1. Silicon Carbide (SiC)

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Gallium Nitride (GaN)

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Diamond

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Zinc Oxide (ZnO)

8.1.4.1. Market Revenue and Volume Forecast

8.1.5. Gallium Oxide (Ga₂O₃)

8.1.5.1. Market Revenue and Volume Forecast

8.1.6. Aluminum Nitride (AlN)

8.1.6.1. Market Revenue and Volume Forecast

8.1.7. Others (BN, etc.)

8.1.7.1. Market Revenue and Volume Forecast

Chapter 9. Global Wide Band Gap (WBG) Semiconductors Market, By Device Type

9.1. Wide Band Gap (WBG) Semiconductors Market Revenue and Volume, by Device Type

9.1.1. Power Devices

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. RF Devices

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Optoelectronic Devices

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Wide Band Gap (WBG) Semiconductors Market, By Wafer Size 

10.1. Wide Band Gap (WBG) Semiconductors Market Revenue and Volume, by Wafer Size

10.1.1. 2-inch

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. 4-inch

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. 6-inch

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. 8-inch

10.1.4.1. Market Revenue and Volume Forecast

10.1.5. 12-inch

10.1.5.1. Market Revenue and Volume Forecast

Chapter 11. Global Wide Band Gap (WBG) Semiconductors Market, By Application

11.1. Wide Band Gap (WBG) Semiconductors Market Revenue and Volume, by Application

11.1.1. Power Electronics

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. RF & Microwave

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Lighting & Display

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Electric Vehicles (EV) & Charging Infrastructure

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Aerospace & Defense

11.1.5.1. Market Revenue and Volume Forecast

11.1.6. Consumer Electronics

11.1.6.1. Market Revenue and Volume Forecast

11.1.7. Others

11.1.7.1. Market Revenue and Volume Forecast

Chapter 12. Global Wide Band Gap (WBG) Semiconductors Market, By End-use Industry

12.1. Wide Band Gap (WBG) Semiconductors Market Revenue and Volume, by End-use Industry

12.1.1. Automotive

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. Industrial

12.1.2.1. Market Revenue and Volume Forecast

12.1.3. Consumer Electronics

12.1.3.1. Market Revenue and Volume Forecast

12.1.4. Telecommunications

12.1.4.1. Market Revenue and Volume Forecast

12.1.5. Energy & Utility

12.1.5.1. Market Revenue and Volume Forecast

12.1.6. Aerospace & Defense

12.1.6.1. Market Revenue and Volume Forecast

12.1.7. Healthcare

12.1.7.1. Market Revenue and Volume Forecast

Chapter 13. Global Wide Band Gap (WBG) Semiconductors Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Volume Forecast, by Material Type

13.1.2. Market Revenue and Volume Forecast, by Device Type

13.1.3. Market Revenue and Volume Forecast, by Wafer Size

13.1.4. Market Revenue and Volume Forecast, by Application

13.1.5. Market Revenue and Volume Forecast, by End-use Industry

13.1.6. U.S.

13.1.6.1. Market Revenue and Volume Forecast, by Material Type

13.1.6.2. Market Revenue and Volume Forecast, by Device Type

13.1.6.3. Market Revenue and Volume Forecast, by Wafer Size

13.1.6.4. Market Revenue and Volume Forecast, by Application

13.1.6.5. Market Revenue and Volume Forecast, by End-use Industry  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Volume Forecast, by Material Type

13.1.7.2. Market Revenue and Volume Forecast, by Device Type

13.1.7.3. Market Revenue and Volume Forecast, by Wafer Size

13.1.7.4. Market Revenue and Volume Forecast, by Application

13.1.7.5. Market Revenue and Volume Forecast, by End-use Industry

13.2. Europe

13.2.1. Market Revenue and Volume Forecast, by Material Type

13.2.2. Market Revenue and Volume Forecast, by Device Type

13.2.3. Market Revenue and Volume Forecast, by Wafer Size

13.2.4. Market Revenue and Volume Forecast, by Application  

13.2.5. Market Revenue and Volume Forecast, by End-use Industry  

13.2.6. UK

13.2.6.1. Market Revenue and Volume Forecast, by Material Type

13.2.6.2. Market Revenue and Volume Forecast, by Device Type

13.2.6.3. Market Revenue and Volume Forecast, by Wafer Size

13.2.7. Market Revenue and Volume Forecast, by Application  

13.2.8. Market Revenue and Volume Forecast, by End-use Industry  

13.2.9. Germany

13.2.9.1. Market Revenue and Volume Forecast, by Material Type

13.2.9.2. Market Revenue and Volume Forecast, by Device Type

13.2.9.3. Market Revenue and Volume Forecast, by Wafer Size

13.2.10. Market Revenue and Volume Forecast, by Application

13.2.11. Market Revenue and Volume Forecast, by End-use Industry

13.2.12. France

13.2.12.1. Market Revenue and Volume Forecast, by Material Type

13.2.12.2. Market Revenue and Volume Forecast, by Device Type

13.2.12.3. Market Revenue and Volume Forecast, by Wafer Size

13.2.12.4. Market Revenue and Volume Forecast, by Application

13.2.13. Market Revenue and Volume Forecast, by End-use Industry

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Volume Forecast, by Material Type

13.2.14.2. Market Revenue and Volume Forecast, by Device Type

13.2.14.3. Market Revenue and Volume Forecast, by Wafer Size

13.2.14.4. Market Revenue and Volume Forecast, by Application

13.2.15. Market Revenue and Volume Forecast, by End-use Industry

13.3. APAC

13.3.1. Market Revenue and Volume Forecast, by Material Type

13.3.2. Market Revenue and Volume Forecast, by Device Type

13.3.3. Market Revenue and Volume Forecast, by Wafer Size

13.3.4. Market Revenue and Volume Forecast, by Application

13.3.5. Market Revenue and Volume Forecast, by End-use Industry

13.3.6. India

13.3.6.1. Market Revenue and Volume Forecast, by Material Type

13.3.6.2. Market Revenue and Volume Forecast, by Device Type

13.3.6.3. Market Revenue and Volume Forecast, by Wafer Size

13.3.6.4. Market Revenue and Volume Forecast, by Application

13.3.7. Market Revenue and Volume Forecast, by End-use Industry

13.3.8. China

13.3.8.1. Market Revenue and Volume Forecast, by Material Type

13.3.8.2. Market Revenue and Volume Forecast, by Device Type

13.3.8.3. Market Revenue and Volume Forecast, by Wafer Size

13.3.8.4. Market Revenue and Volume Forecast, by Application

13.3.9. Market Revenue and Volume Forecast, by End-use Industry

13.3.10. Japan

13.3.10.1. Market Revenue and Volume Forecast, by Material Type

13.3.10.2. Market Revenue and Volume Forecast, by Device Type

13.3.10.3. Market Revenue and Volume Forecast, by Wafer Size

13.3.10.4. Market Revenue and Volume Forecast, by Application

13.3.10.5. Market Revenue and Volume Forecast, by End-use Industry

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Volume Forecast, by Material Type

13.3.11.2. Market Revenue and Volume Forecast, by Device Type

13.3.11.3. Market Revenue and Volume Forecast, by Wafer Size

13.3.11.4. Market Revenue and Volume Forecast, by Application

13.3.11.5. Market Revenue and Volume Forecast, by End-use Industry

13.4. MEA

13.4.1. Market Revenue and Volume Forecast, by Material Type

13.4.2. Market Revenue and Volume Forecast, by Device Type

13.4.3. Market Revenue and Volume Forecast, by Wafer Size

13.4.4. Market Revenue and Volume Forecast, by Application

13.4.5. Market Revenue and Volume Forecast, by End-use Industry

13.4.6. GCC

13.4.6.1. Market Revenue and Volume Forecast, by Material Type

13.4.6.2. Market Revenue and Volume Forecast, by Device Type

13.4.6.3. Market Revenue and Volume Forecast, by Wafer Size

13.4.6.4. Market Revenue and Volume Forecast, by Application

13.4.7. Market Revenue and Volume Forecast, by End-use Industry

13.4.8. North Africa

13.4.8.1. Market Revenue and Volume Forecast, by Material Type

13.4.8.2. Market Revenue and Volume Forecast, by Device Type

13.4.8.3. Market Revenue and Volume Forecast, by Wafer Size

13.4.8.4. Market Revenue and Volume Forecast, by Application

13.4.9. Market Revenue and Volume Forecast, by End-use Industry

13.4.10. South Africa

13.4.10.1. Market Revenue and Volume Forecast, by Material Type

13.4.10.2. Market Revenue and Volume Forecast, by Device Type

13.4.10.3. Market Revenue and Volume Forecast, by Wafer Size

13.4.10.4. Market Revenue and Volume Forecast, by Application

13.4.10.5. Market Revenue and Volume Forecast, by End-use Industry

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Volume Forecast, by Material Type

13.4.11.2. Market Revenue and Volume Forecast, by Device Type

13.4.11.3. Market Revenue and Volume Forecast, by Wafer Size

13.4.11.4. Market Revenue and Volume Forecast, by Application

13.4.11.5. Market Revenue and Volume Forecast, by End-use Industry

13.5. Latin America

13.5.1. Market Revenue and Volume Forecast, by Material Type

13.5.2. Market Revenue and Volume Forecast, by Device Type

13.5.3. Market Revenue and Volume Forecast, by Wafer Size

13.5.4. Market Revenue and Volume Forecast, by Application

13.5.5. Market Revenue and Volume Forecast, by End-use Industry

13.5.6. Brazil

13.5.6.1. Market Revenue and Volume Forecast, by Material Type

13.5.6.2. Market Revenue and Volume Forecast, by Device Type

13.5.6.3. Market Revenue and Volume Forecast, by Wafer Size

13.5.6.4. Market Revenue and Volume Forecast, by Application

13.5.7. Market Revenue and Volume Forecast, by End-use Industry

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Volume Forecast, by Material Type

13.5.8.2. Market Revenue and Volume Forecast, by Device Type

13.5.8.3. Market Revenue and Volume Forecast, by Wafer Size

13.5.8.4. Market Revenue and Volume Forecast, by Application

13.5.8.5. Market Revenue and Volume Forecast, by End-use Industry

Chapter 14. Company Profiles

14.1. Infineon Technologies AG

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. IQE plc

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. MACOM Technology Solutions

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Navitas Semiconductor

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. NXP Semiconductors

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. ON Semiconductor (onsemi)

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Power Integrations, Inc.

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Qorvo, Inc.

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. ROHM Semiconductor

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Wolfspeed, Inc.

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The wide band gap (WBG) semiconductors market size is expected to increase from USD 2.13 billion in 2024 to USD 8.42 billion by 2034.

The wide band gap (WBG) semiconductors market is expected to grow at a compound annual growth rate (CAGR) of around 14.74% from 2025 to 2034.

The major players in the wide band gap (WBG) semiconductors market include Cree LED, Efficient Power Conversion Corporation (EPC), GaN Systems, Infineon Technologies AG, IQE plc, MACOM Technology Solutions, Microchip Technology Inc., Navitas Semiconductor, Nexperia, NXP Semiconductors, ON Semiconductor (onsemi), Power Integrations, Inc., Qorvo, Inc., ROHM Semiconductor, Skyworks Solutions Inc., STMicroelectronics, Sumitomo Electric Industries, Ltd., Texas Instruments Incorporated, Transphorm Inc., and Wolfspeed, Inc.

The driving factors of the wide band gap (WBG) semiconductors market are the increasing adoption of electric vehicles (EVs) is expected to drive the market for WBG semiconductors in the coming years

Asia Pacific region will lead the global wide band gap (WBG) semiconductors market during the forecast period 2025 to 2034.

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