The power electronics market for wideband semiconductors is at an early stage and offers significant upside potential for companies that are able to leverage the growing opportunity from the HEV/EV sector. Silicon-based IGBTs, MOSFETs and SBDs will continue to dominate the power electronics landscape, but SiC and GaN are starting to make in-roads. Strategy Analytics forecasts that SiC will capture 19% of the power semiconductor market in 2026, growing at a CAGR of 60%.