Thyristor Market Analysis and Forecast by 2031

MARKET INTRODUCTION

The thyristor is a four-layered semiconductor switching device that has three terminals anode, cathode, and gate. The thyristor is widely used as a switch for controlling electric power and is used in a variety of electric circuits. It has gained popularity owing to the various advantages offered, such as high compatibility, low maintenance, and less space required for integration. APAC held the largest share of the thyristor market and is expected to grow at a high CAGR during the forecast period. The thermistor market is expected to grow owing to the increasing demand for efficient power transmission systems in the region.

MARKET DYNAMICS

Multiple function and deployment with limited modification, low power operations, and compact design are the major factors that are expected to drive the growth of the thyristor market. However, slow digitization across emerging economies and lack of technical expertise are expected to hinder the growth of the thyristor market. The replacement of the aging infrastructure is creating opportunities for the players operating in the thyristor market to gain a strong customer base and generating more revenues..

MARKET SCOPE

The "Global Thyristor Market Analysis to 2031" is a specialized and in-depth study of the thyristor industry with a special focus on the global market trend analysis. The report aims to provide an overview of thyristor market with detailed market segmentation by power rating, industry vertical and geography. The global thyristor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thyristor market players and offers key trends and opportunities in the thyristor market.

MARKET SEGMENTATION

The global thyristor market is segmented on the basis of power rating and industry vertical. On the basis of power rating the market is segmented as below 500 MW, 500 MW-1000 MW, above 1000 MW. Based on industry vertical, the market is segmented as consumer electronics, telecommunication and networking, industrial, automotive, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global thyristor market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thyristor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting thyristor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the thyristor market in these regions.

MARKET PLAYERS

The reports cover key developments in the thyristor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from thyristor market are anticipated to lucrative growth opportunities in the future with the rising demand for thyristor in the global market. Below mentioned is the list of few companies engaged in the thyristor market.

The report also includes the profiles of key thyristor companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- ABB Ltd
- Honeywell International Inc.
- Infineon Technologies AG
- Mitsubishi Electric Corporation
- Renesas Electronics Corporation.
- Schneider Electric S
- Semiconductor Components Industries, LLC
- SEMIKRON
- STMicroelectronics
- VISHAY INTERTECHNOLOGY, INC.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Thyristor Report Scope