The global thyristor market size reached USD 1.32 billion in 2022 and is projected to be worth around USD 2.00 billion by 2030, poised to grow at a CAGR of 3.5% during the forecast period 2023 to 2030. The replacement of outdated electrical infrastructure, particularly in developed economies, is responsible for the enormous expansion of the thyristor market. Additionally, it is anticipated that the market would develop as smart grid adoption increases. Thyristors are used to meet the demand for solid-state switching devices in power electronics components such as controllers, inverters, and power supply.
A solid-state semiconductor called a thyristor has four layers of alternating p- and N-type materials. The three-lead thyristor is made to regulate huge current by mixing the current from its two leads with a smaller current from the control lead, which is one of the three leads. If there is a significant potential difference between the leads, a two-lead thyristor is employed for switching. Another name for the thyristor is a silicon-controlled rectifier.
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Segmentation of the Thyristors Market :
By Power Rating
- Below 500 MW
- 500 MW-999 MW
- 1000 MW and above
By Industry Vertical
- Consumer Electronics
- Industrial
- Telecommunication & Networking
- Automotive
- Aerospace & Defense
- Healthcare
By Geography
- North America
- Europe
- Asia-Pacific
- LAMEA
Key Players:
The major players covered in the thyristors market report are ABB, Siemens, Schneider Electric, Eaton, Honeywell International Inc., Analog Devices, Inc., STMicroelectronics; Infineon Technologies AG, Semiconductor Components Industries, LLC, Fuji Electric Co., Ltd., Mitsubishi Electric Corporation, Hitachi High-Technologies Corporation, SEMIKRON, TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION, Vishay Intertechnology, Littelfuse, Inc., SHINDENGEN ELECTRIC MANUFACTURING CO., LTD., NXP Semiconductors.
Regional Analysis:
As many thyristor module manufacturers are based in Asia-Pacific, the region is expected to dominate the market for these devices during the course of the projected period. In addition, several reputable manufacturers from the Asia Pacific region are concentrating on technological progress in semiconductor products as a result of the expanding market opportunity, which is anticipated to positively impact the region's thyristor module market throughout the course of the projected year.
Outlook & Recent Development:
New BiPolar power modules with the lowest losses and greatest working temperatures were released in May 2021 with industry-standard housings. The 60Pak module family offers the highest level of dependability and is the pinnacle of excellence. In terms of industry-standard housing, it has the lowest losses and greatest working temperatures. Failure is not an option, whether it's giving power to demanding applications or seamlessly regulating fans and industrial motors.
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The Thyristors Market 2021 research report gives emerging industry data, global segments and regional outlook.
The report generated using various analysis tools like porter’s five forces model, market attractiveness and value chain.
The report gives comprehensive review of the global market helping to club revenue generation and profitable business to transform client’s success.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the thyristors market include ABB Ltd., Analog Devices, Inc., Eaton Corporation Plc, Fuji Electric Co., Ltd., Infineon Technologies AG, Honeywell International Inc., ON Semiconductor, Schneider Electric SE, STMicroelectronics N.V., Siemens AG.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Thyristors Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/thyristors-market/download-sampleMarket DynamicsThe growing and energy and power sector and increasing semiconductors industry are the two prominent driving forces behind the growth of the thyristors market.
Thyristors are cost-effective and save time due to high speed.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the discrete thyristors market include Mouser, Vishay, International Rectifier, Sempo Electronic Limited, Sirectifier Semiconductors, Sirenza Microdevices, Digitron Semiconductors, Nell Semiconductor Co., Ltd, ON Semiconductor, Vishay Siliconix.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Discrete Thyristors Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/discrete-thyristors-market/download-sampleMarket DynamicsGrowing penetration of home appliances, electrical tools, and outdoor equipment such as welding machines, battery chargers, electroplating, soft starters, DC motor control, temperature control system, and alternators steer demand for discrete thyristors.
Semiconductor manufacturing industries adopt discrete thyristors for high voltage capability up to 1000 V, further increasing the discrete thyristors sales.
Increasing technology advancement, wide availability of energy efficiency, environmental friendliness, and affordable digital technologies, and growing adoption of electric motors in industrial, commercial, and residual applications contribute to the profitable market growth.
However, low awareness of technology in some regions and the complex structure of thyristor hinders market growth to some extent.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
