|Lots of SiC commentary from STM. |
Second, the expansion of our installed capacity for Silicon Carbide and the start of production ramp-up for Gallium Nitride for RF devices. Here, our early investments in wideband gap compounds have already resulted in over $100 million of Silicon Carbide revenues in 2018, and we have over 30 active Silicon Carbide projects with many players around the globe, both in Automotive and Industrial applications.
Also, earlier this month we announced a multi-year supply agreement with Cree, our partner. These investments support our goal to sustain an important share about 30%- of the Silicon Carbide market, which is estimated to be over $3 billion in 2025.
What I would like to simply confirm you that our expected growth in 2019 is completely consistent with expected market growth of the silicon carbide application, which I repeat that, for the time being, people - they plan to have a US$3 billion in 2025, and if my memory is still very up, US$600 million in 2020. So our revenue grow will follow totally this pattern.
Related to our company, clearly, again, automotive will accelerate in the second half, thanks to the acceleration of our growth on silicon carbide, so this is what I just said two minutes ago,
So about silicon carbide. On top of - I have already answered, let's add some additional color. Again, I repeat that when we met at our Capital Market Day in 2018 May, we mentioned 20 major programs won. But now we have 30, more than 30. And I have to say that in the course of Q4, we won 4 major award, okay, with the really rather important carmaker or Tier 1 associated to carmaker, which should make us, okay, really, really pleased about our success in power MOSFET.
Now about competition, clearly, we acknowledge that the competition is working out. We have a lot of respect for our competitor. They prepare themselves to address this huge market. We - I am, and we are totally convinced that silicon carbide, power MOSFET and diode will grab important market share to traditional high-voltage power MOSFET or ICBT. And you know that the Q1 consensus from the industry and analysts are seeing a market, okay, close to above US$3 billion in 2025, and then beyond 2025, okay, can go well above US$10 billion.
So clearly, the industry will need a multi-source, so the competition is preparing itself to address this market. But again, I confirm that our mission, our plan, our determination is to keep minimum 30% market share address in this market. Today, we have the unique, let's say, semiconductor bundle in mass production addressing automotive.
So we are accumulating mass production huge volume with technologies addressing automotive mission profile, which is, let's say, an OTG, and of course it is providing to ST a unique competitive advantage in front of the other carmaker of Tier 1 which want to adapt this technology as early as possible because, okay, we will be able to offer same automotive profile quality.
So again, what is important, ST is ambition to sustain minimum 30% market share addressing this market. We are preparing ourselves. Competition is preparing itself. We respect that a lot because we know they are good, but today, we are the leader.