Thyristors Market Size And Forecast by 2028

According to Data Bridge Market Research The thyristors market is expected to witness market growth at a rate of 7.75% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thyristors market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the utilization from the advancing countries is escalating the growth of the thyristors market.

Our comprehensive Thyristors Market report is ready with the latest trends, growth opportunities, and strategic analysis. https://www.databridgemarketresearch.com/reports/global-thyristors-market

**Segments**

- Based on type, the thyristors market can be segmented into silicon-controlled rectifiers (SCR), gate turn-off thyristors (GTO), fast recovery epitaxial diodes (FRED), silicon-controlled switch (SCS), and others. SCRs are extensively used for power control applications due to their ability to handle high current and voltage levels. GTOs are known for their high switching frequency and low conduction loss, making them ideal for high-power applications. FRED thyristors are widely used in power supplies, inverters, and motor drives due to their fast recovery time and low forward voltage drop. SCS thyristors are predominantly used in small signal switch applications.

- By application, the thyristors market can be categorized into industrial electronics, consumer electronics, automotive, telecommunications, aerospace & defense, and others. The industrial electronics segment holds a significant share in the market owing to the increasing adoption of automation and smart manufacturing processes. Consumer electronics, such as televisions and home appliances, also utilize thyristors for power control and regulation. The automotive sector is witnessing a surge in thyristor usage for electric vehicles and advanced driver-assistance systems (ADAS). The telecommunications industry relies on thyristors for signal processing and transmission applications.

- On the basis of voltage, the thyristors market can be segmented into low voltage and high voltage thyristors. Low voltage thyristors are commonly used in consumer electronics and small-scale industrial applications where power requirements are moderate. High voltage thyristors find applications in power systems, renewable energy generation, and high-power industrial equipment due to their ability to handle high voltages and currents efficiently.

**Market Players**

- Infineon Technologies AG
- ON Semiconductor
- Mitsubishi Electric Corporation
- STMicroelectronics
- Vishay Intertechnology, Inc.
- ABB
- Renesas Electronics Corporation
- Fuji Electric Co., Ltd.
- Semikron
- Hitachi Power Semiconductor Device, Ltd.

The thyristors market is experiencing significant growth and evolution driven by advancements in power electronics and the increasing demand for energy-efficient solutions across various industry verticals. Market players such as Infineon Technologies AG, ON Semiconductor, and Mitsubishi Electric Corporation are at the forefront of innovation, constantly developing new thyristor technologies to meet the evolving needs of the market. The segmentation of the market based on type highlights the diverse applications and capabilities of different thyristor variants. From the high current and voltage handling of silicon-controlled rectifiers (SCRs) to the high switching frequency of gate turn-off thyristors (GTOs), each type caters to specific requirements in industries like industrial electronics, consumer electronics, automotive, and telecommunications.

The application segmentation of the thyristors market showcases the widespread adoption of thyristors across key sectors such as industrial electronics, consumer electronics, automotive, and aerospace & defense. With the industrial electronics segment leading the market due to automation trends and smart manufacturing initiatives, the demand for thyristors in this sector is expected to remain robust. The automotive industry's increasing use of thyristors in electric vehicles and advanced driver-assistance systems (ADAS) signifies a shift towards greener and safer transportation solutions. Moreover, the telecommunications sector relies on thyristors for critical signal processing and transmission applications, emphasizing the versatility and significance of thyristors in modern communication networks.

The voltage segmentation of the thyristors market distinguishes between low voltage and high voltage thyristors, each serving distinct purposes in different applications. Low voltage thyristors are commonly found in consumer electronics and small-scale industrial settings where power requirements are moderate, catering to devices like home appliances and power supplies. In contrast, high voltage thyristors are integral components in power systems, renewable energy generation setups, and high-power industrial equipment where efficient handling of high voltages and currents is paramount. The versatility of thyristors across different voltage ranges underscores their importance in enabling efficient power control and management in diverse applications.

In conclusion, the thyristors market is poised for continued growth and innovation as market players strive to introduce advanced technologies and solutions to meet the evolving demands of industries such as industrial electronics, automotive, and telecommunications. The segmentation based on type, application, and voltage provides a comprehensive overview of the diverse applications and capabilities of thyristors in various sectors. As new trends emerge and challenges arise, market players will need to stay agile and adaptable to capitalize on the opportunities presented by the growing demand for energy-efficient power electronics solutions.**Segments**

Global Thyristors Market, By Product Type (Unidirectional Thyristor and Bidirectional Thyristor), Power Rating (Below 500MW, 500-999MW, and Above 999MW), Application (Industrial Electronics, Consumer Electronics, Communication, and Automotive Electronics), End-Use Sector (Industrial, Civil, and Others), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028:
- Thyristors Market by Product Type: Unidirectional Thyristor and Bidirectional Thyristor
- Thyristors Market by Power Rating: Below 500MW, 500-999MW, and Above 999MW
- Thyristors Market by Application: Industrial Electronics, Consumer Electronics, Communication, and Automotive Electronics
- Thyristors Market by End-Use Sector: Industrial, Civil, and Others
- Thyristors Market by Country: U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa

**Market 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, Crydom Inc., Central Semiconductor Corp., GeneSiC Semiconductor Inc., Taiwan Semiconductor, Diodes Incorporated, Danfoss, and Bourns, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

The Global Thyristors Market continues to witness substantial growth driven by the increasing demand for energy-efficient solutions across various industry verticals. With key players such as ABB, Siemens, and Schneider Electric leading the market, there is a focus on innovation and technological advancements to cater to the evolving needs of industries. The segmentation of the market based on product type, power rating, application, end-use sector, and country provides a comprehensive outlook on the diverse applications and deployment of thyristors in different sectors and regions.

The uptake of thyristors in industrial electronics, consumer electronics, communication, and automotive electronics is on the rise, with industrial applications leading the market due to the shift towards automation and smart manufacturing processes. The differentiation between unidirectional thyristors and bidirectional thyristors, as well as the categorization based on power rating, enables targeted usage in various devices and equipment with different power requirements. The end-use sector analysis further highlights the significance of thyristors in industrial and civil domains, as well as other sectors where power control and regulation are essential.

In conclusion, the thyristors market is poised for continued growth and innovation, with a strong emphasis on energy efficiency and technological advancements. The competitive landscape involving major players like ABB, Siemens, and Schneider Electric fosters a conducive environment for product development and market expansion. As the market evolves, the segmentation based on various parameters provides valuable insights into the market dynamics and opportunities for stakeholders to capitalize on emerging trends and demands in the industry.

The market is highly fragmented, with a mix of global and regional players competing for market share. To Learn More About the Global Trends Impacting the Future of Top 10 Companies in Thyristors Market :   https://www.databridgemarketresearch.com/reports/global-thyristors-market/companies

 Key Questions Answered by the Global Thyristors Market Report:

• What is the current state of the Thyristors Market, and how has it evolved?
• What are the key drivers behind the growth of the Thyristors Market?
• What challenges and barriers do businesses in the Thyristors Market face?
• How are technological innovations impacting the Thyristors Market?
• What emerging trends and opportunities should businesses be aware of in the Thyristors Market?

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