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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

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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 Electronics

Adam 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.

Bex Stone

Research Analyst (Power electronics)

Bex Stone

Rebecca provides Exawatt’s power electronics team with monitoring and analysis of the SiC supply chain, combining her research skills and an eye for detail to expand our knowledge of the power electronics industry while maintaining high editorial standards. She has degree in History from the University of Birmingham.

Steve Lambert, Head of Electrification, McLaren Applied
“If you are interested in how the market for power electronics will grow, particularly in automotive, then I would highly recommend the work done by Exawatt. Exawatt’s market intelligence and forecasting has been invaluable for helping shape our strategy for developing and taking to market McLaren Applied’s class-leading power electronics-based products. The team is knowledgeable, enthusiastic and great to work with.”

Rae Hyndman, Managing Director at Clas-SiC Wafer Fab
“The market reports produced by Exawatt for the ESCAPE project have been invaluable to Clas-SiC Wafer Fab, providing us with up-to-date information on the silicon carbide supply chain, market trends and forecasts. Exawatt is very knowledgeable in the area of power electronics and the team is great to work with.”

Can Exawatt help you chart a path to decarbonisation through electrification?

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