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Discrete Thyristors Market to Grow by More than 6.5% CAGR

The discrete thyristors market is projected to grow from US$ 4 Bn in 2020 to US$ 7 Bn by 2031, at an expected CAGR of more than 6.5% during the forecast period 2021-2031. A discrete thyristor is any semiconductor switch with a bi-stable action depending on p-n-p-n regenerative feedback. Thyristors are normally two- or three-terminal devices for either unidirectional or bi-directional circuit configurations. Thyristors are used to control the flow of electrical currents in applications including home appliances, electrical tools, outdoor equipment and others. The thyristors are solid state switches that normally have very high impedance. They are capable of withstanding rated blocking/off-state voltage until triggered to on-state. These features of discrete thyristors are driving its growth globally.

What is Driving Demand for Discrete Thyristors?

There is an increase in penetration of semiconductor devices with high voltage and ampere ratings, which is driving the growth of discrete thyristors globally. The characteristics of discrete thyristors are unidirectional and bidirectional transient voltage protection. Thyristors vary from plastic discrete to high-power discrete and modules, featuring voltage ratings from 100 V to 2600 V. With more and more industries using semiconductor devices like thyristors for an array of applications, the global market is likely to see immense potential for growth in coming years.

Manufacturing industries are adopting discrete thyristors for high voltage capability up to 1000 V, which is further increasing the discrete thyristors sales. Growing adoption of thyristors in automotive industry will also keep the market future robust.

What are the Key Trends for Discrete Thyristors?

Most technological development in SiC, silicon, and GaN power device packaging is focused on other device types which by definition do not belong to the category of discrete devices. These include power modules and integrated devices like System-in-Package (SiP) and system-on-chip (SoC).

Although the adoption of wide-band gap devices calls for innovative packaging schemes and solutions, their impact on the packaging materials market will be rather limited due to the still-small share of SiC and GaN technologies compared to silicon, and the smaller die size compared to silicon devices. Consequently, innovative packaging technology solutions will trigger the growth of discrete thyristors, globally.

North America Demand Outlook for Discrete Thyristors

The demand for discrete thyristors is anticipated to grow at a significant rate in North America region owing to increasing penetration of semiconductor devices. In addition, North America is among the fastest growing technology nation and the country is on the path to grow the fastest in terms of implementing semiconductor and electronics devices across the US and Canada. Growing number of technology startups in the region and supportive government policies has strengthened its position in the global discrete thyristors market. This is one of the major factor driving the demand for discrete thyristors in wide range of applications.

Asia Pacific Demand Outlook for Discrete Thyristors

There is an increase in adoption of discrete thyristors for industrial and automotive sector in the countries such as China, India, Japan, Singapore, Indonesia and others. This can impel the sales of discrete thyristors in the Asia Pacific region. Most of the countries in region are making strides and tops in the manufacturing of discrete thyristors. Due to significant implementation of the semiconductor devices in the region, it will attribute to the availability of more products in the upcoming years. Discrete thyristors technology has moved far beyond its initial and this leads the way for growth of discrete thyristors in the region.

Who are the Key Discrete Thyristors Vendors?

Some of the leading vendors of discrete thyristors include Vishay, Sempo Electronic Limited, Sirectifier Semiconductors, Sirenza Microdevices, Digitron Semiconductors, Nell Semiconductor Co., Ltd, ON Semiconductor, Siliconix and others. The companies involved in the manufacturing of discrete thyristors are focusing on strategic partnerships and acquisitions with other companies to broaden its product offerings.

Key Segments

By Type

  • Unidirectional Thyristor
  • Bidirectional Thyristor

By Application

  • Industrial
  • Automotive
  • Aerospace
  • Others

By Region

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • BENELUX
    • Russia
    • Rest of Europe
  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia & Pacific
    • India
    • Thailand
    • Indonesia
    • Malaysia
    • Australia & New Zealand
    • Rest of South Asia & Pacific
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • South Africa
    • Rest of Middle East and Africa 

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

 Discrete Thyristors Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players 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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Discrete Thyristors Market

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