PCIM Europe 2023 show summary
Power Conversion Intelligent Motion (PCIM) Europe is an international exhibition and conference focused on power electronics, intelligent motion, renewable energy and energy management. This Insight is a summary of wide band gap semiconductor (SiC & GaN) products and technology showcases from the exhibition.
The market for wide bandgap power devices is projected to reach $19.45 billion in 2029, showing significant growth from $1.38 billion in 2022, indicating a CAGR of approximately 46%. SiC technology finds main applications in OBC, DC-DC conversion, and traction inverters, while also holding potential for new high-power applications centered around thermal management in BEVs, including PT heaters.
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