TVS Thyristor Market Report: Trends, Forecast and Competitive Analysis to 2030

TVS Thyristor Market Report: Trends, Forecast and Competitive Analysis to 2030

TVS Thyristor Trends and Forecast

The future of the global TVS thyristor market looks promising with opportunities in the commercial use and industrial use markets. The global TVS thyristor market is expected to reach an estimated $2.3 billion by 2030 with a CAGR of 12.9% from 2024 to 2030. The major drivers for this market are rising need for cost-effective and energy-efficient solutions in industrial, commercial, and residential applications, increased funding allocated to research and development endeavors, and boost in customers' spending potential due to increased disposable income.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

TVS Thyristor by Segment

The study includes a forecast for the global TVS thyristor by type, manufacturing process, application, and region.

TVS Thyristor Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• High Power Thyristor
• Medium Power Thyristor
• Low Power Thyristor

TVS Thyristor Market by Manufacturing Process [Shipment Analysis by Value from 2018 to 2030]:

• Planar
• Epitaxial

TVS Thyristor Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Commercial Use
• Industrial Use
• Others

TVS Thyristor Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of TVS Thyristor Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies TVS thyristor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the TVS thyristor companies profiled in this report include-

• ON Semiconductor
• Diodes Incorporated
• Infineon Technologies
• STMicroelectronics
• Toshiba Corporation
• Mitsubishi Electric Corporation
• Fuji Electric Corporation

TVS Thyristor Market Insights

Lucintel forecasts that high power thyristor will remain the largest segment over the forecast period because it is engineered for high voltage and high-energy applications, as well as, it is suitable for both single-phase and three-phase systems.

APAC is expected to witness highest growth over the forecast period due to growth of VFDs and soft starters in industrial applications.

Features of the Global TVS Thyristor Market

Market Size Estimates: TVS thyristor market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: TVS thyristor market size by type, manufacturing process, application, and region in terms of value ($B).

Regional Analysis: TVS thyristor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, manufacturing process, application, and regions for the TVS thyristor market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the TVS thyristor market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the TVS thyristor market size?

Answer: The global TVS thyristor market is expected to reach an estimated $2.3 billion by 2030.

Q.2 What is the growth forecast for TVS thyristor market?

Answer: The global TVS thyristor market is expected to grow with a CAGR of 12.9% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the TVS thyristor market?

Answer: The major drivers for this market are rising need for cost-effective and energy-efficient solutions in industrial, commercial, and residential applications, increased funding allocated to research and development endeavors, and boost in customers' spending potential due to increased disposable income.

Q4. What are the major segments for TVS thyristor market?

Answer: The future of the global TVS thyristor market looks promising with opportunities in the commercial use and industrial use markets.

Q5. Who are the key TVS thyristor market companies?

Answer: Some of the key TVS thyristor companies are as follows:

• ON Semiconductor
• Diodes Incorporated
• Infineon Technologies
• STMicroelectronics
• Toshiba Corporation
• Mitsubishi Electric Corporation
• Fuji Electric Corporation

Q6. Which TVS thyristor market segment will be the largest in future?

Answer: Lucintel forecasts that high power thyristor will remain the largest segment over the forecast period because it is engineered for high voltage and high-energy applications, as well as, it is suitable for both single-phase and three-phase systems.

Q7. In TVS thyristor market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growth of VFDs and soft starters in industrial applications.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the TVS thyristor market by type (high power thyristor, medium power thyristor, and low power thyristor), manufacturing process (planar and epitaxial), application (commercial use, industrial use, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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