Thyristors Devices Market Size and Market Trends: Complete Industry Overview (2024 to 2031

Market Overview and Report Coverage

Thyristors devices are semiconductor devices that can control electric current by acting as switches. They are commonly used in power control applications such as lighting control, motor control, and power supplies. The future outlook of the Thyristors Devices Market looks promising, with a steady growth expected in the coming years. The market is projected to grow at a CAGR of % during the forecasted period.

One of the key drivers for the growth of the Thyristors Devices Market is the increasing demand for energy-efficient solutions in various industries. Thyristors devices are known for their high efficiency and reliability, making them ideal for power control applications. Additionally, the growing adoption of electric vehicles and renewable energy sources is expected to further drive the demand for Thyristors devices.

In terms of market trends, there is a growing focus on the development of advanced Thyristors devices that offer higher performance and better efficiency. Manufacturers are also investing in research and development to innovate new products and cater to the evolving needs of the market. Overall, the Thyristors Devices Market is poised for growth as industries continue to prioritize energy efficiency and reliability in their operations.

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Market Segmentation

The Thyristors Devices Market Analysis by types is segmented into:

• SCR
• GTO
• IGCTs
• GCTs
• Others

Thyristor devices market includes various types such as Silicon Controlled Rectifiers (SCR), Gate Turn-off Thyristors (GTO), Integrated Gate-commutated Thyristors (IGCTs), Gate Commutated Thyristors (GCTs), and others. SCRs are widely used for power control applications, while GTOs offer fast switching capabilities. IGCTs combine the features of both GTOs and SCRs. GCTs are known for their high current and voltage handling capacity. Other types of thyristors include TRIACs, LASCRs, and DIACs, each serving specific purposes in the electronics industry.

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The Thyristors Devices Market Industry Research by Application is segmented into:

• Automotive & Transportation
• Industrial & Power
• Consumer Products
• Computing & Communications
• Others

Thyristors devices find extensive applications in various sectors such as Automotive & Transportation, Industrial & Power, Consumer Products, Computing & Communications, and Others. In the Automotive & Transportation sector, they are used in electric vehicles and charging stations. In Industrial & Power, they are utilized in power control systems. In Consumer Products, they can be found in appliances and electronic gadgets. In Computing & Communications, they play a role in regulating power supply. In the Other sector, they are used for various specialized applications.

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In terms of Region, the Thyristors Devices Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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What are the Emerging Trends in the Global Thyristors Devices market?

The global thyristors devices market is experiencing several emerging and current trends. One significant trend is the increasing demand for power electronics driven by the growing adoption of electric vehicles and renewable energy sources. Another trend is the development of new thyristor technologies, such as silicon carbide and gallium nitride devices, which offer higher efficiency and performance. Additionally, the integration of thyristors in smart grid systems and IoT devices is gaining traction. Moreover, advancements in hybrid and electric vehicle technology are driving the demand for thyristors in automotive applications. Overall, these trends are shaping the growth of the global thyristors devices market.

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Major Market Players

STMicroelectronics is a leading player in the thyristor devices market. The company offers a wide range of thyristor devices such as silicon-controlled rectifiers (SCR), TRIACs, and other power semiconductors. STMicroelectronics has been witnessing significant growth in its thyristor devices segment due to the increasing demand for power electronics in various industries such as automotive, industrial, and consumer electronics.

Infineon is another key player in the thyristors devices market. The company offers a comprehensive portfolio of thyristor devices including silicon-controlled rectifiers (SCR), GTOs, IGBTs, and other power semiconductors. Infineon has a strong presence in the power electronics market and has been focusing on innovation to offer advanced thyristor devices to its customers.

WeEn Semiconductors, a joint venture between NXP Semiconductors and Beijing Jianguang Asset Management Co., is also a significant player in the thyristor devices market. The company specializes in silicon-controlled rectifiers (SCR), TRIACs, and other power semiconductors. WeEn Semiconductors has been expanding its product portfolio and market reach to cater to the growing demand for power electronics solutions.

In terms of market size, the global thyristors devices market was valued at USD billion in 2020 and is expected to reach USD 6.5 billion by 2025, with a CAGR of 8% during the forecast period. Some of the key trends driving the growth of the thyristors devices market include the increasing adoption of electric vehicles, the growing demand for renewable energy sources, and the rising focus on energy efficiency and power quality in industrial applications.

Overall, the thyristors devices market is highly competitive, with key players such as STMicroelectronics, Infineon, and WeEn Semiconductors leading the market with their strong product offerings, technological advancements, and strategic partnerships. Sales revenue for STMicroelectronics in 2020 was USD 10.56 billion, while Infineon reported sales revenue of USD 8.6 billion in the same year.

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