India, Jan. 6 -- Wide bandgap semiconductor market is gaining strong momentum due to rising demand for energy-efficient power devices across electric vehicles, renewable energy systems, fast chargers, data centers, and 5G infrastructure.

Materials, such as silicon carbide (SiC) and gallium nitride (GaN) enable higher switching speeds, lower power losses, and compact system designs. However, high manufacturing costs, complex fabrication processes, and limited wafer availability continue to restrain mass adoption, shaping strategic investment and sourcing decisions across the value chain.

The global wide bandgap semiconductor market size is projected to grow at a CAGR of 12.6% from 2026 to 2032, according to a new report published by Veri...