The global demand for Thyristors Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
A thyristor is a promising type of solid-state semiconductor device, which is grabbing attention rapidly across the globe. It is a four-layer semiconductor device with P-type and N-Type semiconductors (P-N-P-N). A basic thyristor has three terminals anode, cathode, and gate (Control terminal). The thyristor acts as a switch and controls the electric current and electric power. It is used in power-switching circuits, low-cost timer circuits, inverter circuits, speed-control circuits, and oscillator circuits.
Market Dynamics
The growing and energy and power sector and increasing semiconductors industry are the two prominent driving forces behind the growth of the thyristors market. Advancement in technology and entry of small grids in the energy and power sectors, growing infrastructure activities, and increasing industrialization are the few other significant factors that are fuelling the market. Thyristors are cost-effective and save time due to high speed. These properties are further contributing to the growth of the market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of thyristors.
Market Segmentation
The entire thyristors market has been sub-categorized into power rating and industry vertical. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Power Rating
- Below 5OO MW
- 500 MW-999 MW
- 1000 MW and Above
By Industry Vertical
- Consumer Electronics
- Industrial
- Telecommunication & Networking
- Automotive
- Aerospace & Defense
- Healthcare
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for thyristors market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Thyristors Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the thyristors market include ABB Ltd., Analog Devices, Inc., Eaton Corporation Plc, Fuji Electric Co., Ltd., Infineon Technologies AG, Honeywell International Inc., ON Semiconductor, Schneider Electric SE, STMicroelectronics N.V., Siemens AG. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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