Global Thyristor Market Growth 2024-2030

Global Thyristor Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Thyristor market size was valued at US$ 886.8 million in 2023. With growing demand in downstream market, the Thyristor is forecast to a readjusted size of US$ 1146.3 million by 2030 with a CAGR of 3.7% during review period.

The research report highlights the growth potential of the global Thyristor market. Thyristor are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Thyristor. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Thyristor market.

Thyristor is a solid-state semiconductor device along with four layered alternating p-type and N materials. The thyristor with three-lead is designed for controlling large current with the help of its two leads by combining the current with that of a smaller current from its other lead which is known as the control lead. The two-lead thyristor are used in switching if the potential difference between its lead is large. The thyristor is also known as silicon-controlled rectifier. It is used to manage elements in phase angle triggered controllers, which is also known as phase fired controllers. It can also be used for low conduction losses of Bjt, this would help to fulfill demand in the current electric system.

The industry concentration is high, and the main production enterprises are concentrated in Europe, United States and Japan. Infineon, ON Semiconductor, Mitsubishi Electric, STMicroelectronics are in a dominant position in global market, forming the first echelon in the market competition of thyristor in the world. Of the major suppliers of thyristor, Infineon Technologies maintained its first place in the ranking again in 2017. Infineon Technologies AG accounted for 18.59% of the global thyristor revenue market share in 2017. Other players accounted for 9.26%, 5.71% and 5.35% including ON Semiconductor, STMicroelectronics and STMicroelectronics, respectively.

Key Features:

The report on Thyristor market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Thyristor market. It may include historical data, market segmentation by Type (e.g., Unidirectional Thyristor, Bidirectional Thyristor), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Thyristor market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Thyristor market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Thyristor industry. This include advancements in Thyristor technology, Thyristor new entrants, Thyristor new investment, and other innovations that are shaping the future of Thyristor.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Thyristor market. It includes factors influencing customer ' purchasing decisions, preferences for Thyristor product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Thyristor market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Thyristor market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Thyristor market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Thyristor industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Thyristor market.

Market Segmentation:

Thyristor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type

Unidirectional Thyristor

Bidirectional Thyristor

Others

Segmentation by application

Industrial

Civil

Others

This report also splits the market by region:

Americas
United States
Canada
Mexico
Brazil

APAC
China
Japan
Korea
Southeast Asia
India
Australia

Europe
Germany
France
UK
Italy
Russia

Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Infineon

ON Semiconductor

Mitsubishi Electric

STMicroelectronics

Vishay

Renesas Electronics

Littelfuse

Fuji Electric

Toshiba

JieJie Microelectronics

SINO-Microelectronics

Semikron

Sanken

ABB

SanRex

Key Questions Addressed in this Report

What is the 10-year outlook for the global Thyristor market?

What factors are driving Thyristor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Thyristor market opportunities vary by end market size?

How does Thyristor break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.