Pune, India, Aug. 04, 2022 (GLOBE NEWSWIRE) — According to MarketStudyReport, global thyristor market size accrued a valuation of USD 5.2 billion in the year 2021 and is slated to record decent expansion during the period 2022-2027.
Furthermore, the document segregates the market by power rating and application spectrum, offering growth rate projections over analysis timeframe for each vertical. It assists interested parties in understanding the market’s potential by presenting revenue share forecasts for each division.
The study also outlines the regions that are broadening the extent of the industry’s cash flow. Aside from that, basic company profiles and frameworks are thoroughly examined in order to provide new competitors and current players with a better understanding of the competitive scope of the marketplace.
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Surging population base and massive technological advancements in electronics sector have led to an increase in the consumption of power which necessitates the construction of power grids. This, along with the rising government initiatives to implement high-voltage direct current (HDVC) systems is expected to stimulate market growth during the forecast period.
For the unversed, a thyristor is a four-layered semiconductor device that switches and rectifies signals. It allows current to flow in only one direction. It is similar to transistors and since transistors cannot be used in all applications due to their inability to handle high currents, thyristors are used in several end-use applications.
Besides, the soaring demand for energy-efficient products for high-power electronics across multiple industrial sectors is further accelerating industry development.
The emergence and integration of innovative technologies like Internet of Things (IoT) and Artificial Intelligence (AI) is creating remunerative opportunities for businesses in worldwide thyristor industry.
Moreover, the proliferation of industrial electronics due to increasing demand for smart devices like nanotechnology, intelligent electronic devices (IED), automation equipment, etc., innovation in smart manufacturing, coupled with elevated focus on power conditioning using semiconductor devices to modernize operations is anticipated to boost expansion of the business sphere through the review period.
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In terms of power rating, the business sphere is categorized into below 500 MW, 500-999MW, and above 1000 MW. Of these, the above 1000 MW segment is estimated to record notable growth during the analysis timeframe, owing to extensive requirement from smart factories for the use of computers and robotics.
Concerning application realm, global thyristor industry is split into automotive electronics, industrial electronics, communication, and consumer electronics. Herein, industrial electronics is reckoned to generate moderate revenues over 2022-2027.
Seasoned analysts cite that Asia Pacific market is poised to account for a substantial revenue share during the assessment period, attributed to shifting focus from traditional to HDVC systems to substantiate the need of the growing population in developing nations like China.
The key companies amplifying the competitive spirit of worldwide thyristor market are Semikron, ABB Group, Vishay Intertechnology, Inc., ON Semiconductor Corporation, Analog Devices, Inc., Infineon Technologies AG, Fuji Electric Co., Ltd., STMicroelectronics, Siemens AG, and Mitsubishi Electric Corporation among others. Interestingly, market participants are concentrating on constant improvements with the intention of reducing overall losses and ramping up the power rating of the devices.
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Global Thyristor Market, By Power Rating (Revenue, USD Million, 2017-2027)
- Below 500 MW
- Above 1000 MW
Global Thyristor Market, By Application (Revenue, USD Million, 2017-2027)
- Automotive Electronics
- Industrial Electronics
- Consumer Electronics
Global Thyristor Market, Regional Overview (Revenue, USD Million, 2017-2027)
- United States
Middle East & Africa
- United Kingdom
Global Thyristor Market, Competitive Dashboard (Revenue, USD Million, 2017-2027)
- ABB Group
- Vishay Intertechnology, Inc.
- ON Semiconductor Corporation
- Analog Devices, Inc.
- Infineon Technologies AG
- Fuji Electric Co., Ltd.
- Siemens AG
- Mitsubishi Electric Corporations
Table of Content:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Thyristor Market: Product Overview
4. Global Thyristor Market: An Analysis
4.1. Assessment of Macro-Economic Indicators of Global Thyristor Market
4.2. Assessment of Micro Economic Indicators of Global Thyristor Market
4.3 Global Thyristor Market, Market Size, By Value, 2017-2027
4.4 Global Thyristor Market: Growth and Forecast
4.5 Impact of COVID-19 on Global Thyristor Market
5. Global Thyristor Market: Segment Analysis
5.1 Global Thyristor Market Segmentation, By Product Type
5.2 Competitive Positioning of Thyristor Market: By Product Type (2021 & 2027)
5.3 By Dark Chocolate, By Value (USD Billion), 2017-2027
5.4 By Milk Chocolate, By Value (USD Billion), 2017-2027
5.5 By White Chocolate, By Value (USD Billion), 2017-2027
6. Global Thyristor Market: Segment Analysis
6.1 Global Thyristor Market Segmentation, By Application
6.2 Competitive Positioning of Global Thyristor Market, By Application (2021 & 2027)
6.3 By Industrial Electronics, By Value (USD Billion), 2017-2027
6.4 By Consumer Electronics, By Value (USD Billion), 2017-2027
6.5 By Communications, By Value (USD Billion), 2017-2027
7. Global Thyristor Market: Regional Analysis
7.1 Competitive Positioning of Global Thyristor Market: By Region (2021 & 2027)
8. North America Thyristor Market: An Analysis (2017-2027)
8.1 Assessment of Macro-Micro Economic Indicators of North America Thyristor Market
8.2 North America Thyristor Market- Size and Forecast, By Value (2017-2027)
8.3 North America Thyristor Market: Prominent Companies
8.4 North America Thyristor Market: Segment Analysis
8.5 North America Thyristor Market By Power Rating, (Below 500 MW, 500-999 MW, Above 1000 MW)
9. Europe Thyristor Market: An Analysis (2017-2027)
9.1 Assessment of Macro-Micro Economic Indicators of Europe Thyristor Market
9.2 Europe Thyristor Market- Size and Forecast, By Value (2017-2027)
9.3 Europe Thyristor Market: Prominent Companies
9.4 Europe Thyristor Market: Segment Analysis
9.5 Market Segmentation By Power Rating (Below 500 MW, 500-999 MW, Above 1000 MW)
10. Asia Pacific Thyristor Market: An Analysis (2017-2027)
10.1 Assessment of Macro-Economic Indicators of Asia Pacific Thyristor Market
10.2 Asia Pacific Thyristor Market by value: Size and Forecast (2017-2027)
10.3 Asia Pacific Thyristor Market: Prominent Companies
10.4 Asia-Pacific Thyristor Market: Segment Analysis
10.5 Market Segmentation By Power Rating (Below 500 MW, 500-999 MW, Above 1000 MW)
11. LAMEA Thyristor Market: An Analysis (2017-2027)
11.1 Assessment of Macro-Economic Indicators of Middle East and Africa Thyristor Market
11.2 Middle East and Africa Thyristor Market by value: Size and Forecast (2017-2027)
11.3 Market Segmentation By Power Rating (Below 500 MW, 500-999 MW, Above 1000 MW)
11.4 Market Segmentation By Application (Industrial Electronics, Consumer Electronics, Communication, Automotive Electronics)
11.5 Brazil Thyristor Market: Size and Forecast (2017-2027)
12. Global Thyristor Market Dynamics
12.1 Global Thyristor Market Drivers
12.2 Global Thyristor Market Restraints
12.3 Global Thyristor Market Trends
13. Market Attractiveness and Strategic Analysis
13.1 Market Attractiveness Chart of Global Thyristor Market – By Power Rating (Year 2027)
13.2 Market Attractiveness Chart of Global Thyristor Market- By Application (Year 2027)
13.3 Market Attractiveness Chart of Global Thyristor Market – By Region (Year 2027)
14. Competitive Landscape
14.1 Market Share of global leading companies
14.2 Porter Five Forces Analysis – Global Thyristor Market
14.3 Recent Developments in Global Thyristor Market
15. Company Profiles (Business Description, Financial Analysis, Business Strategy)
Global Power Semiconductor market size, Regional Forecasts 2021-2027
Global Power Semiconductor Market to reach USD 47.2 billion by 2027.Global Power Semiconductor Market is valued approximately at USD 37.90 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.17% over the forecast period 2021-2027. Power Semiconductors is a key component of modern power electronic circuits equipment and instruments. Wireless communication, sophisticated control of electric motors, motion control & servo drives, advanced computer systems, antennas, propagation & satellite systems, broadband wireless approaches, and other applications use these components. Electrical appliances, machinery, and systems cannot function without them. Power semiconductor market growth is driven by the key factors such as Growing Demand for Energy-efficient Battery-powered Portable Devices and Increasing Demand for Consumer Electronics and Wireless Communications.
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