Exawatt’s SiC in EVs report covers our modelling and analysis of the value case for SiC systems in EVs; analysis and forecasts for the global EV market; forecasts and modelling for SiC adoption, costs and market value; and in-depth analysis of the SiC supply chain
We have just released the fifth edition of Exawatt’s report – Silicon Carbide in Electric Vehicles: Market Outlook. This edition includes the following:
- Extended SiC and EV market forecasts out to 2032
- Updates to our SiC demand model inputs, including new current density forecasts following updated device specification data and feedback on device design trends from industry; updated to modelling and understanding of system design trends; and new modelling on EV charging infrastructure requirements. The combined SiC discrete and module market is now forecast to be between $4.3 and $4.6 billion in 2032
- New analysis of battery cost and supply challenges and its impact on the power electronics market
- Updated EV market data and forecasts across all regions
- Further analysis of changes in the SiC supply chain, including recent acquisitions, vertical integration strategies, and the outlook for 200mm wafer supply
Meet the power electronics team

Adam Dawson
Head of Power ElectronicsAdam Dawson
Adam is responsible for Exawatt’s silicon carbide and power electronics analysis. He has an MSci in Mathematics from the University of Bristol. Adam has applied his interest in mathematical modelling and physics to power semiconductors and power electronics systems.