Global Triac Market Growth 2023-2029

Global Triac Market Growth 2023-2029

TRIAC, as a semiconductor device has gained traction in recent times due to its applications in small utility electronic gadgets and motors like for speed control of electric fans, light dimmers and many of the small and major computerized household appliances.

LPI (LP Information)' newest research report, the “Triac Industry Forecast” looks at past sales and reviews total world Triac sales in 2022, providing a comprehensive analysis by region and market sector of projected Triac sales for 2023 through 2029. With Triac sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Triac industry.

This Insight Report provides a comprehensive analysis of the global Triac landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Triac portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Triac market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Triac and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Triac.

The global Triac market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The primary driver for TRIAC market is the cost factor associated with using one TRIAC in place of two thyristors.

This report presents a comprehensive overview, market shares, and growth opportunities of Triac market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
6A-10A
12A-20A
More than 20A

Segmentation by application
Electric Fans
Light Dimmers
Household Appliances
Other

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.
Central Semiconductor
NTE Electronics
STMicroelectronics
Littelfuse
Sanken Electric
IXYS
Solid State
NXP Semiconductors
WeEn Semiconductors

Key Questions Addressed in this Report

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

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

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

How do Triac market opportunities vary by end market size?

How does Triac break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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