What is Global Thyristor Market?
The Global Thyristor Market is a significant segment within the semiconductor industry, focusing on devices known as thyristors. These are solid-state semiconductor devices with four layers of alternating N and P-type materials. They act as switches, controlling the flow of electrical power in various applications. The market for thyristors is driven by their ability to handle high voltages and currents, making them essential in power electronics. They are widely used in applications such as motor speed controls, light dimmers, pressure control systems, and liquid level regulators. The demand for energy-efficient electronic devices and the growing need for power management solutions in industrial and consumer electronics are key factors propelling the market. Additionally, the increasing adoption of renewable energy sources, such as wind and solar power, which require efficient power conversion systems, further boosts the demand for thyristors. As industries continue to seek reliable and efficient power control solutions, the Global Thyristor Market is expected to grow, driven by technological advancements and the expanding application areas of these devices.
Unidirectional Thyristor, Bidirectional Thyristor, Others in the Global Thyristor Market:
Unidirectional thyristors, also known as SCRs (Silicon Controlled Rectifiers), are a type of thyristor that allows current to flow in only one direction. They are primarily used in applications where controlled rectification is required, such as in power supplies and motor control circuits. These devices are known for their ability to handle high voltages and currents, making them suitable for heavy-duty applications. Unidirectional thyristors are commonly used in industrial settings for controlling the power supplied to motors, heaters, and other electrical equipment. They are also used in consumer electronics for applications like light dimming and speed control of small appliances. On the other hand, bidirectional thyristors, commonly referred to as TRIACs (Triode for Alternating Current), can conduct current in both directions. This makes them ideal for AC applications where control over both halves of the AC waveform is required. TRIACs are widely used in household appliances, such as washing machines and air conditioners, where they control the power supplied to the device. They are also used in industrial applications for controlling AC power in lighting systems and motor speed controls. The versatility of bidirectional thyristors makes them a popular choice in applications where precise control over AC power is needed. In addition to unidirectional and bidirectional thyristors, the market also includes other types of thyristors, such as GTOs (Gate Turn-Off Thyristors) and IGCTs (Integrated Gate-Commutated Thyristors). GTOs are used in applications where fast switching is required, such as in traction systems and high-power inverters. They offer the advantage of being able to be turned off by a gate signal, unlike traditional thyristors that require the current to fall to zero before turning off. IGCTs, on the other hand, are used in high-power applications where efficiency and reliability are critical. They combine the features of GTOs and IGBTs (Insulated Gate Bipolar Transistors), offering high efficiency and fast switching capabilities. These advanced thyristors are used in applications such as HVDC (High Voltage Direct Current) transmission systems and industrial drives. The Global Thyristor Market is characterized by a wide range of products catering to different applications and industries. The demand for these devices is driven by the need for efficient power control solutions in various sectors, including industrial, consumer electronics, and renewable energy. As technology continues to advance, the market is expected to see the development of new and improved thyristor devices that offer enhanced performance and reliability.
Industrial, Civil, Others in the Global Thyristor Market:
The Global Thyristor Market finds extensive usage across various sectors, including industrial, civil, and other applications. In the industrial sector, thyristors are primarily used for controlling power in heavy machinery and equipment. They are essential components in motor drives, where they regulate the speed and torque of electric motors. This is particularly important in industries such as manufacturing, where precise control over machinery is crucial for maintaining productivity and efficiency. Thyristors are also used in industrial heating applications, where they control the power supplied to heating elements, ensuring consistent and efficient operation. In the civil sector, thyristors are used in a variety of applications, including lighting control and power management systems. They are commonly used in public infrastructure projects, such as street lighting and traffic signal systems, where they help to regulate the power supplied to these systems, ensuring reliable and efficient operation. Thyristors are also used in building automation systems, where they control the power supplied to lighting and HVAC systems, helping to improve energy efficiency and reduce operating costs. In addition to industrial and civil applications, thyristors are also used in other sectors, such as renewable energy and consumer electronics. In the renewable energy sector, thyristors are used in power conversion systems for wind and solar power installations. They help to convert the variable output from these sources into a stable and usable form of electricity, ensuring efficient and reliable operation. In consumer electronics, thyristors are used in a variety of applications, including light dimmers, fan speed controls, and power supplies. They help to regulate the power supplied to these devices, ensuring consistent and efficient operation. Overall, the Global Thyristor Market plays a crucial role in a wide range of applications, providing efficient and reliable power control solutions across various sectors. As industries continue to seek ways to improve energy efficiency and reduce operating costs, the demand for thyristors is expected to grow, driven by their versatility and ability to handle high voltages and currents.
Global Thyristor Market Outlook:
In 2024, the Global Thyristor Market was valued at approximately $1,000 million. By 2031, it is anticipated to expand to a revised size of around $1,276 million, reflecting a compound annual growth rate (CAGR) of 3.6% over the forecast period. In 2017, Infineon Technologies AG held a significant position in the market, accounting for 18.59% of the global thyristor revenue market share. Other notable players in the market included ON Semiconductor, STMicroelectronics, and STMicroelectronics, which held market shares of 9.26%, 5.71%, and 5.35%, respectively. These companies play a crucial role in the development and distribution of thyristors, contributing to the overall growth and advancement of the market. The steady growth of the Global Thyristor Market can be attributed to the increasing demand for efficient power control solutions across various industries, including industrial, civil, and renewable energy sectors. As the market continues to evolve, driven by technological advancements and the expanding application areas of thyristors, it is expected to witness further growth and development in the coming years.
| Report Metric | Details |
| Report Name | Thyristor Market |
| Accounted market size in year | US$ 1000 million |
| Forecasted market size in 2031 | US$ 1276 million |
| CAGR | 3.6% |
| Base Year | year |
| Forecasted years | 2025 - 2031 |
| by Type |
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| by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Infineon, ON Semiconductor, Mitsubishi Electric, STMicroelectronics, Vishay, Renesas Electronics, Littelfuse, Fuji Electric, Toshiba, JieJie Microelectronics, SINO-Microelectronics, Semikron, Sanken, ABB, SanRex |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
