Thyristor Market Scope
The thyristor is a high-speed switching device used in AC power control and AC/DC Switching which consist of triacs and SCRs (Silicon Controlled Rectifiers). Thyristors are used to control AC or DC loads, switch low voltage and low current devices as well as very large currents at mains voltages. The Main characteristics of thyristors it is mostly useful for control applications switch as compared to the mechanical switch. Thus, the demand for thyristors continues to rise. The increasing number of electric vehicles and hybrid vehicles is driving the demand of the market. Owing to huge demand from end-users, the market thyristor is expected to grow at a rapid speed. Geographically the Asia Pacific is leading in terms of production and manufacturing industries. Hence these are the key factor is driving the market over the forecast period.
The Thyristor market study is segmented by Type (Reverse conducting thyristor, Photothyristors and Others), by Application (Power switching circuit, Relay Replacement circuit, Inverter circuit, Oscillator circuit and Others) and major geographies with country level break-up.
The market is expected to grow market in the manufacturing and automobile sector. It has wide application in power plants, automated machinery, renewable energy, electric vehicle, and hybrid electric is driving the demand for the market. Several companies are operating in market to provide customers better offer with various features & unique offerings and best market price The market is a highly fragmented market with the presence of several market players and local players which is triggering the market growth over the forecast period
Mouser Electronics (United States), Littelfuse (United States), STMicroelectronics (Switzerland), Schneider Electric (France), Central Semiconductor (United States), GeneSiC Semiconductor (United States), TSMC (Taiwan), WeEn Semiconductor (China), Diodes Incorporated (United States), Sensata Technologies (United States), Shindengen Electric (Japan), ABB power grid (Switzerland), WeEn Semiconductor (China), Wuhan P&S Information Technology Co, Ltd (China), Teccor Electronics (Canada), Silicon Power Corporation (United States) and Others are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Thyristor market by Type, Application and Region.
On the basis of geography, the market of Thyristor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 1ST October 2020, Vishay Intertechnology has acquire a thin film product. Vishay international is manufacture discrete semiconductor and passive electronic components. The total acquisition cost approximately USD 26.5 million. The acquisition brings will significantly enhance and strengthen the thin-film products portfolio for the upcoming year.
On 5th June 2021 Hitachi ABB Power grids launch a new 60 pack thyristor module. The main feature is it has a high operating temperature in the industry in order to drive industrial motors efficiently, Runs fans and pumps efficiently.
Market Trend
Market Drivers
- It thyristor are able to control AC power
- The cost of thyristor of the device is cheap
Opportunities
- It has been widely used in photography for flashes
- Huge demand for electrical and electronic appliances
Restraints
- It has a low Switching speed
- Gate current of the thyristor cannot be negative
Challenges
- The main challenges thyristor cannot use for higher frequencies
- thyristor has a low response rate
Key Target Audience
OEM (Original Equipment Manufacturing), Supplier, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry