The Thyristor Market Size was valued at USD 1.55 billion in 2023 and is projected to reach USD 2.21 billion by 2032, growing at a CAGR of 4.04 % during the forecast period of 2024-2032.
The Thyristor Market is poised for significant growth, driven by increasing demand for high-power electronic solutions in sectors such as renewable energy, electric vehicles, and industrial automation. However, while thyristors are crucial for efficient power conversion and regulation, their use in electrolysis applications, such as in green hydrogen production, reveals a critical inefficiency thyristor-based rectifiers have a poor AC power factor, leading to suboptimal specific energy consumption (SEC) and the need for additional reactive power compensation. This inefficiency can be mitigated with transistor-based topologies, which are anticipated to reduce SEC by up to 4.5% in electrolyzers.
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Despite these improvements, thyristors remain essential due to their key role in high-temperature power electronics and power regulation, especially with the increasing deployment of silicon carbide (SiC) and gallium nitride (GaN) semiconductors. These materials allow thyristors to operate at much higher temperatures (over 500°C), making them ideal for applications such as electric vehicle powertrains, aerospace systems (e.g., jet engines), and deep oil and gas drilling, where reliable, high-temperature operation is critical. The transition to greener energy systems, coupled with innovations in wide-bandgap semiconductor technology, continues to drive the demand for thyristors. The global Thyristor Market is expected to expand further, fueled by the increasing adoption of energy-efficient power systems, the growing focus on sustainability, and the continuous advancements in semiconductor technology that enhance the efficiency and reliability of high-power applications.
Industrial automation drives Thyristor Market growth by requiring precise power control in motor drives and industrial equipment.
Thyristors are critical in controlling high-power electrical systems, enhancing the efficiency and reliability of industrial operations. These devices are widely used in controlling AC motors, induction heating, and in switch-mode power supplies (SMPS) to ensure optimal performance. As industries adopt automation technologies, there is a growing need for thyristor controllers to maintain performance while reducing energy consumption. Thyristors offer advantages such as low-loss high-power switching for industrial applications, which is vital for sectors aiming to cut energy costs and meet sustainability targets, as discussed in resources like InnoMaint and United Automation. However, the demand for thyristors is not without challenges. One of the significant market restraints is the complexity of integration with modern automation systems and the high cost of maintenance and installation. Additionally, the lack of standardization in industrial automation systems can lead to inefficiencies, as highlighted in several industry studies. Moreover, the shift toward transistor-based power control technologies could further limit the expansion of the thyristor market, as these alternatives offer greater efficiency in specific applications, reducing the reliance on thyristors. Despite these challenges, thyristors remain indispensable in high-power industrial settings due to their robustness and ability to operate under demanding conditions, offering a sustainable choice for energy-efficient automation systems.
Efficiency Challenges and Restraints in the Thyristor Market Amid Rising Competition
A significant restraint in the Thyristor Market is its limited efficiency in certain applications, particularly when compared to newer power electronic devices such as Insulated Gate Bipolar Transistors (IGBTs). While thyristors remain highly effective in high-power applications such as motor drives, industrial equipment, and high-voltage power systems, they tend to be less efficient in low-power or fast-switching applications. This inefficiency can lead to higher energy consumption and heat generation, which are concerns in industries aiming to reduce operational costs and improve energy efficiency. Moreover, with the rise of alternative technologies such as IGBTs and MOSFETs, which offer superior efficiency and faster switching capabilities, the demand for traditional thyristors may decrease, especially in sectors that require high-speed switching or minimal energy loss. The challenge of designing and integrating thyristors to meet modern performance standards further limits their adoption in some applications. As the industry increasingly focuses on minimizing energy consumption and improving power density, alternatives like IGBTs, which offer improved efficiency, could hinder the growth of the thyristor market. Additionally, ongoing advancements in semiconductor technologies may further reduce thyristor adoption. The Thyristor Market must address these efficiency concerns to maintain its relevance as competition intensifies from more efficient semiconductor solutions, such as IGBTs and MOSFETs, in high-performance power control applications.
By Power Rating
In 2023, the 1000 MV segment dominated the Thyristor Market, accounting for approximately 45% of the market share. This segment's growth is primarily driven by its crucial role in high-power applications such as electric power transmission, industrial equipment, and renewable energy systems. Thyristors in this power rating are essential for controlling and managing the flow of electricity in large-scale systems, offering improved efficiency and reliability. These devices are particularly favored in sectors like electric vehicles, grid infrastructure, and industrial automation, where high voltage and high-power handling capabilities are necessary. The demand for 1000 MV thyristors is further fueled by ongoing developments in renewable energy and the need for robust power control solutions across diverse industries.
By Application
In 2023, the Static VAR Compensators (SVCs) segment dominated the Thyristor Market, holding approximately 59% of the market share. SVCs are essential for maintaining voltage stability and power quality in electrical grids, particularly in areas with fluctuating loads and variable power generation sources. Thyristors play a pivotal role in controlling the reactive power within these systems, enabling quick and efficient adjustments to voltage levels. As renewable energy sources like wind and solar gain prominence, SVCs are increasingly utilized to mitigate the intermittency of power supply, ensuring grid stability. The continued demand for SVCs is supported by their ability to improve the reliability and efficiency of power systems, particularly in industrial, transmission, and distribution applications. This has led to significant investments and growth within this segment of the Thyristor Market.
North America, with a dominant share of approximately 35% in the Thyristor Market in 2023, continues to lead due to its advanced technological infrastructure and strong demand across key sectors. The United States, as a key player, drives the market with its robust industrial automation, renewable energy initiatives, and the growing electric vehicle (EV) sector. Government policies promoting clean energy, such as the U.S. Clean Energy Standard and tax incentives for EVs, significantly boost the adoption of thyristors for energy-efficient systems like Static VAR Compensators (SVCs) and power control solutions. In Canada, there is a rising focus on hydroelectric and wind energy, which further drives demand for high-power electronics, including thyristors. The region’s well-established automotive industry also requires sophisticated power electronics for electric vehicles, adding to the market growth. North America's emphasis on innovation, sustainability, and infrastructure development continues to solidify its position as a leader in the global thyristor market.
Asia-Pacific is poised to be the fastest-growing region in the Thyristor Market from 2024 to 2032, driven by rapid industrialization, urbanization, and significant investments in infrastructure development across key countries. China, India, Japan, and South Korea are key players in this region. China, being a global manufacturing hub, is witnessing robust demand for thyristors in industries such as renewable energy, industrial automation, and electric vehicles. India’s expanding power sector, alongside government initiatives like “Make in India,” is fueling the growth of high-power electronics, including thyristors. Japan and South Korea's advanced technologies in industrial automation and renewable energy further drive the adoption of thyristors. With increasing power demands, renewable energy installations, and automation projects, Asia-Pacific is expected to lead the thyristor market in the coming years, supported by favorable policies and high-tech infrastructure developments.
Some of the Major Players in Thyristor Market along with their product:
Infineon Technologies AG (Power thyristors for industrial and automotive applications)
ABB Ltd. (High-power thyristors for HVDC and FACTS systems)
ON Semiconductor (Thyristors for motor control and power regulation)
STMicroelectronics (Silicon-controlled rectifiers (SCRs) and GTO thyristors)
Mitsubishi Electric Corp. (Thyristors for power transmission and industrial drives)
Toshiba Corporation (High-speed thyristors for consumer and industrial electronics)
Fuji Electric Co., Ltd. (Fast-switching thyristors for renewable energy systems)
Littelfuse, Inc. (Low-power thyristors for consumer electronics)
Renesas Electronics (Thyristors for automotive and IoT applications)
Vishay Intertechnology (High-temperature thyristors for energy management systems)
Semikron International (Thyristor modules for industrial motor drives)
Hitachi Energy (Thyristors for power grids and HVDC systems)
Dynex Semiconductor Ltd. (High-power thyristors for rail traction and power grids)
NXP Semiconductors (Thyristors for automotive and lighting systems)
Eaton Corporation (Thyristor-based power controllers for industrial use)
Diodes Incorporated (General-purpose thyristors for circuit protection)
CRRC Corporation (Thyristors for rail and transportation systems)
IXYS Corporation (Fast-recovery thyristors for solar inverters)
Microsemi Corporation (Radiation-hardened thyristors for aerospace applications)
WeEn Semiconductors (Bidirectional thyristors for AC control systems)
List of suppliers who provide raw materials and components for the thyristor market, which includes materials like silicon, substrates, wafers, and other essential components used in the production of thyristors:
GlobalWafers Co., Ltd.
SUMCO Corporation
Mitsubishi Materials Corporation
Siltronic AG
SK Siltron
Applied Materials, Inc.
Albemarle Corporation
Dow Inc.
DuPont de Nemours, Inc.
Tokuyama Corporation
Lattice Semiconductor Corporation
NTT Advanced Technology Corporation
Imerys S.A.
Saint-Gobain
Kyocera Corporation
Semikron
Panasonic Corporation
LG Chem
Shin-Etsu Chemical Co., Ltd.
Murata Manufacturing Co., Ltd.
April 16, 2024 – ABB has supplied a critical thyristor rectifier system for Mitsubishi Heavy Industries' Solid Oxide Electrolysis Cell (SOEC) test platform, supporting advancements in hydrogen production technology.
June 6, 2024 – Panasonic Connect expands its AV solution suite at InfoComm 2024 to enhance immersive visual experiences across various industries. The new solutions offer flexible, reliable technology for entertainment, education, corporate, and worship settings.
| Report Attributes | Details |
| Market Size in 2023 | USD 1.55 Billion |
| Market Size by 2032 | USD 2.21 Billion |
| CAGR | CAGR of 4.04% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Power Rating (500 MV, 500 MV-1000 MV And 1000 MV) • By Application (Static VAR Compensators SVCs, Static Synchronous Compensators (STATCOMs) • By End Use (Consumer Electronics, Telecommunication And Networking, Industrial Automotive, Aerospace & Defence, Healthcare, Manufacturing And Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Infineon Technologies AG, ABB Ltd., ON Semiconductor, STMicroelectronics, Mitsubishi Electric Corp., Toshiba Corporation, Fuji Electric Co., Ltd., Littelfuse, Inc., Renesas Electronics, Vishay Intertechnology, Semikron International, Hitachi Energy, Dynex Semiconductor Ltd., NXP Semiconductors, Eaton Corporation, Diodes Incorporated, CRRC Corporation, IXYS Corporation, Microsemi Corporation, and WeEn Semiconductors. |
| Key Drivers | • Industrial automation drives Thyristor Market growth by requiring precise power control in motor drives and industrial equipment. |
| Restraints | • Efficiency Challenges and Restraints in the Thyristor Market Amid Rising Competition. |
Ans: The Thyristor Market is expected to grow at a CAGR of 4.04%.
Ans: Thyristor Market size was USD 1.55 billion in 2023 and is expected to Reach USD 2.21 billion by 2032.
Ans: Beyond power transmission, thyristors find themselves embedded within the backbone of various industrial processes.
Ans: The North America dominating the Thyristor Market in 2023.
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Technological Metrics
5.2 Production and Supply Chain
5.3 Failure and Reliability Metrics
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Thyristor Market Segmentation, by Power Rating
7.1 Chapter Overview
7.2 500 MV
7.2.1 500 MV Market Trends Analysis (2020-2032)
7.2.2 500 MV Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 1000 MV
7.3.1 1000 MV Market Trends Analysis (2020-2032)
7.3.2 1000 MV Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 500 MV-1000 MV
7.4.1 500 MV-1000 MV Market Trends Analysis (2020-2032)
7.4.2 500 MV-1000 MV Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Thyristor Market Segmentation, by Application
8.1 Chapter Overview
8.2 Static VAR Compensators SVCs
8.2.1 Static VAR Compensators SVCs Market Trends Analysis (2020-2032)
8.2.2 Static VAR Compensators SVCs Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Static synchronous Compensators (STATCOMs)
8.3.1 Static synchronous Compensators (STATCOMs) Market Trends Analysis (2020-2032)
8.3.2 Static synchronous Compensators (STATCOMs) Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Thyristor Market Segmentation, by End Use
9.1 Chapter Overview
9.2 Consumer Electronics
9.2.1 Consumer Electronics Market Trends Analysis (2020-2032)
9.2.2 Consumer Electronics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Telecommunication and Networking,
9.3.1 Telecommunication and Networking Market Trends Analysis (2020-2032)
9.3.2 Telecommunication and Networking Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Industrial Automotive
9.4.1 Industrial Automotive Market Trends Analysis (2020-2032)
9.4.2 Industrial Automotive Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Aerospace & Defence
9.5.1 Aerospace & Defence Market Trends Analysis (2020-2032)
9.5.2 Aerospace & Defence Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Healthcare
9.6.1 Healthcare Market Trends Analysis (2020-2032)
9.6.2 Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Manufacturing
9.7.1 Manufacturing Market Trends Analysis (2020-2032)
9.7.2 Manufacturing Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Thyristor Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.2.4 North America Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.5 North America Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.2.6.2 USA Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.6.3 USA Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.2.7.2 Canada Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.7.3 Canada Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.2.8.2 Mexico Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.8.3 Mexico Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Thyristor Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.1.6.2 Poland Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.6.3 Poland Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.1.7.2 Romania Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.7.3 Romania Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Thyristor Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.2.4 Western Europe Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.5 Western Europe Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.2.6.2 Germany Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.6.3 Germany Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.2.7.2 France Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.7.3 France Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.2.8.2 UK Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.8.3 UK Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.2.9.2 Italy Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.9.3 Italy Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.2.10.2 Spain Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.10.3 Spain Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.2.13.2 Austria Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.13.3 Austria Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Thyristor Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.4.4 Asia Pacific Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.5 Asia Pacific Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.4.6.2 China Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.6.3 China Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.4.7.2 India Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.7.3 India Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.4.8.2 Japan Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.8.3 Japan Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.4.9.2 South Korea Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.9.3 South Korea Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.4.10.2 Vietnam Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.10.3 Vietnam Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.4.11.2 Singapore Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.11.3 Singapore Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.4.12.2 Australia Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.12.3 Australia Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Thyristor Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.5.1.4 Middle East Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.5 Middle East Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.5.1.6.2 UAE Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.6.3 UAE Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Thyristor Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.5.2.4 Africa Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.5 Africa Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Thyristor Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.6.4 Latin America Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.5 Latin America Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.6.6.2 Brazil Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.6.3 Brazil Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.6.7.2 Argentina Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.7.3 Argentina Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.6.8.2 Colombia Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.8.3 Colombia Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Thyristor Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Thyristor Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Thyristor Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11. Company Profiles
11.1 Infineon Technologies AG,
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 ABB Ltd.
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 ON Semiconductor
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 STMicroelectronics
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Mitsubishi Electric Corp.
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Toshiba Corporation
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Fuji Electric Co., Ltd.
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Littelfuse, Inc.
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Renesas Electronics
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Vishay Intertechnology
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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