1、 Market size growth forecast

The global trench type SiC power MOSFET market has shown a good growth trend, with sales reaching a certain scale in 2023. It is expected to achieve significant growth by 2030, with a compound annual growth rate (CAGR) maintained at a certain level (2024-2030). From a regional perspective, the Chinese market has undergone rapid changes in the past few years, with a market size of one million US dollars in 2023, accounting for a certain proportion of the global market. It is expected to reach one million US dollars by 2030, and the global market share will further increase. This indicates that the position of the Chinese market in the global Trench Mosfet market is becoming increasingly important, and also reflects the continuous expansion trend of the overall global market size.

For the Chinese shielded gate trench MOSFET market, according to QYR's latest research, the sales revenue of the Chinese shielded gate trench MOSFET market reached a certain value in 2024, and it is expected to reach a higher value in 2031, with a compound annual growth rate (CAGR) at a certain level from 2025 to 2031. This shows that the segmented market of shielded gate trench MOSFETs in China is also continuously and steadily growing, providing strong support for the overall growth of the Trench MOSFET market.

2、 Price adjustment and market opportunities

In the recent development of the electronics industry, companies related to the power industry chain have issued price adjustment notices to the market, with an average price increase level of about 10-15%. This price adjustment indicates the emergence of investment opportunities, especially in the power semiconductor market. According to the latest industry report, the prices of MOSFETs and IGBTs, two global products, remain stable, but domestic companies have implemented price increases for some products.

Specifically, Jiejie Microelectronics recently announced a price increase of 5% -10% for its Trench MOS product line starting from January 15, 2024. This price increase trend is mainly driven by the increase in upstream costs, such as the price hikes implemented by wafer fabs such as TSMC and Hejing for their products, and corresponding price increases by packaging and testing factories. Cost transfer has become an inevitable choice for some power semiconductor manufacturers to survive. It is expected that with the gradual release of new power device production capacity in 2024, the supply-demand relationship will be optimized in the long term, and in the short to medium term, power devices will usher in investment opportunities driven by price increases.

3、 Downstream demand drives growth in the field of industrial automation

The development of industrial automation has led to an increasing demand for Trench Mosfet. With the development of industrial production towards intelligence and automation, a large number of industrial equipment require high-performance power semiconductor devices to achieve precise control and efficient energy conversion. Trench Mosfet, with its excellent performance such as low on resistance and high switching speed, can meet the strict requirements of industrial automation equipment for power devices. For example, in industrial robots, automated production lines and other equipment, Trench Mosfet is widely used in modules such as motor drive and power management to improve the operational efficiency and stability of the equipment.

In the field of communication technology

The continuous advancement of communication technology, especially the large-scale deployment of 5G communication, has also driven the demand for Trench Mosfet. 5G base stations require higher power and higher efficiency power management modules to support their normal operation. Trench Mosfet can work stably in complex environments such as high frequency and high voltage, providing reliable support for the power system of the base station. In addition, with the development of the Internet of Things, a large number of intelligent terminal devices require low-power, high-performance power devices, and Trench Mosfet has also been widely used in these devices.

Photovoltaic field

The rapid development of the photovoltaic industry is one of the important driving forces for the growth of the Trench Mosfet market. In photovoltaic power generation systems, Trench Mosfet is used for key equipment such as inverters and combiner boxes to achieve the conversion of DC to AC power output from solar panels and efficient transmission of electrical energy. With the increasing global demand for clean energy, the installed capacity of photovoltaics continues to grow. Jibang Consulting predicts that the global new installed capacity of photovoltaics will also continue to increase by 16% year-on-year in 2024, with the Asia Pacific region remaining the main market. This will further drive the demand growth of Trench Mosfet in the photovoltaic field.

In the field of new energy vehicles

The popularity of new energy vehicles has led to explosive growth in demand for Trench Mosfet. Trench Mosfet plays an important role in key components such as battery management systems, motor drive systems, and onboard chargers in new energy vehicles. It can achieve efficient energy conversion and precise battery management, improving the range and safety of new energy vehicles. According to Canalys' forecast, global sales of new energy vehicles are expected to continue to increase by 27% year-on-year in 2024. With the continuous expansion of the new energy vehicle market, the market demand for Trench Mosfet in this field will also continue to increase.

4、 Enterprise development and market promotion of new clean energy

New Jieneng has built four product lines: IGBT, SGT MOSFET, SJ MOSFET, and Trench MOSFET, with over 3000 models covering the voltage range of 12V-1700V. In 2024, the company expects that the rebound in photovoltaic demand will drive a rebound in IGBT product sales. SGT-MOSFET sales are expected to grow in emerging application areas, and the SJ-MOSFET product series will be fully upgraded, with a significant increase in Trench MOSFET market share. This indicates that New Clean Energy has actively laid out and developed in the Trench Mosfet market, contributing to market growth by continuously optimizing product lines and improving product performance.

Other enterprises

In addition to New Clean Energy, there are many other companies in the market that are making efforts in the Trench Mosfet field. For example, international manufacturers such as Infineon, Nexperia, Onsemi, Renesas, as well as domestic manufacturers such as Zhanxin Electronics, Wuxi Xinjieneng, Gongcheng Semiconductor, Huayi Microelectronics, Yangzhou Yangjie Electronic Technology, Shenzhen Basic Semiconductor, and Ruineng Semiconductor Technology. These enterprises are constantly striving in technology research and development, production and manufacturing, market expansion, etc., which has promoted the competition and development of the Trench Mosfet market. Technical exchange and cooperation between enterprises also contribute to improving the technological level of the entire industry and further promoting market growth.

5、 Technological innovation drives market upgrade of shielded gate trench MOSFET technology

Shielded Gate Trench MOSFET (SGT-MOSFET) power device is an improved trench power MOSFET based on traditional trench MOSFET (U-MOSFET). Compared to traditional U-MOSFET power devices, it has faster switching speed, lower switching losses, and better device performance. The development and application of this technology have brought new growth points to the Trench Mosfet market, meeting the market's demand for high-performance power devices.

Other technological breakthroughs

Enterprises in the market continue to make breakthroughs in technology research and development, such as the seventh generation IGBT platform, automotive grade SGT MOS platform, and super junction MOS platform. New products have been launched in each product line, and some have already achieved mass production or passed customer verification. These technological innovations not only enhance the performance and quality of Trench Mosfet, but also expand its application areas, providing technical support for further market growth.

6、 Challenges and Opportunities Faced by Market Growth

The Trench Mosfet market also faces some challenges during its growth process. For example, downstream market demand may not meet expectations, and if the development speed of industrial automation, communication technology, photovoltaics, and new energy vehicles slows down, it will directly affect the market demand for Trench Mosfet. In addition, the risk of industrialization of new technologies is also an important issue. The research and application of new technologies require a large amount of capital and time investment. If industrialization cannot be achieved smoothly, it will have a negative impact on the development of enterprises and the growth of the market. The intensification of market competition can also lead to the compression of profit margins for enterprises, and some small businesses may face survival pressure. The unexpected expansion of production capacity may also lead to the inability to meet the rapid growth of market demand, affecting the normal development of the market.

opportunity

Despite facing challenges, the Trench Mosfet market is also full of opportunities. With the increasing global attention to energy conservation, emission reduction, intelligence, green energy, and other aspects, the demand for high-performance power semiconductor devices will continue to grow. Trench Mosfet, as an important power device, will play a significant role in these fields. In addition, with the continuous advancement of technology, the performance of Trench Mosfet will continue to improve and the cost will continue to decrease, which will further expand its market application scope. At the same time, the government's policy support for the semiconductor industry has provided a favorable environment for the development of the Trench Mosfet market. Enterprises can leverage policy advantages to increase research and development investment and market expansion efforts, promoting sustained market growth.

In summary, the Trench Mosfet market has shown a good growth trend driven by various factors such as market size, price adjustments, downstream demand, enterprise development, and technological innovation. Despite facing some challenges, opportunities outweigh challenges, and the future market prospects are vast.