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Thyristor Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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Thyristor Market: Overview

Thyristor is a solid-state semiconductor device along with four layered alternating p-type and N materials. The thyristor with three-lead is designed for controlling large current with the help of its two leads by combining the current with that of a smaller current from its other lead which is known as the control lead. The two-lead thyristor are used in switching if the potential difference between its lead is large. The thyristor is also known as silicon-controlled rectifier. It is used to manage elements in phase angle triggered controllers, which is also known as phase fired controllers. It can also be used for low conduction losses of Bjt, this would help to fulfill demand in the current electric system.

Thyristor Market: Drivers and Restraints

Up gradation of old power infrastructure for example New York’s leading business organizations called for modernization of infrastructure to the state’s old power infrastructure is likely to drive the thyristor market in the near future. Moreover, growth in the development of offshore farms is likely to drive the thyristor market. Furthermore, government initiatives towards establishing HVDC grid are likely to play an important part towards the growth of thyristor market.

Factors like economic uncertainty, low awareness about the optimal usage of the thyristor and high cost of construction in infrastructure development are the biggest challenge in the growth in demamd of the thyristor market.

Rise in demand for consumer electronics, increasing demand for building plants with low carbon emission from power systems and building of smart grid is expected to drive the thyristor market in the near future. The thyristor is still in its nascent stage and is expected to witness massive development and patent filings. Most of the major electronic companies are conducting development and extensive research activities to get the first mover advantage. The thyristor market is currently experiencing a splurge of new product development.

Thyristor Market: Segmentation

The thyristor market by industrial application has been segmented into motor control; include power, light dimmer, liquid level, pressure control system and others. The power application can be further segmented into power below 500 MW, 500-999 MW, 1000-2000 MW and above 2000 MW. The market can be further segmented by compensation into series compensation, shunt compensation and shunt compensation and combined series.

Thyristor Market: Geographical Dynamics

Geographically the thyristor market has been broadly segmented into North America, Europe, Asia Pacific and Rest of the World. North America led the global thyristor market. A lot of development work is done to modernize the old power infrastructure. Moreover, a lot of new power infrastructure is developed in the region, this is expected to drive the growth in demand for thyristors. North America is followed by Europe. Rest of the world is the most attractive region in the global thyristor market as there is a huge growth in infrastructure for the power industry. Asia Pacific followed the rest of the world in terms of the growth in the thyristor market.

Companies Mentioned in the Report

The key players operating in the thyristor market are ABB Ltd. (Switzerland), Danfoss A/S (Denmark), Fairchild Semiconductor International, Infineon Technologies AG (Germany), Fuji Electric Co. Ltd. (Japan), Hitachi Ltd. (Japan), Renesas Electronics Corp. (Japan), Mitsubishi Electric Corp. (Japan), Toshiba Corp. (Japan) and SEMIKRON International GmbH (Germany).

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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