Global Thyristor Discrete Semiconductor Market – Industry Trends and Forecast to 2029

Global Thyristor Discrete Semiconductor Market, By Type (Gate-Commutated Thyristor (GCTs), Integrated Gate-Commutated Thyristor (IGCT), Gate Turn-Off Thyristor (GTO), Triacs), End User (Automotive, Consumer Electronics, Telecommunication, Industrial Manufacturing, Military and Defense, Aerospace, Others) – Industry Trends and Forecast to 2029.

Thyristor Discrete Semiconductor Market Analysis and Size

Automotive is one of the rising industries for discrete thyristor semiconductors for the proper functioning of automobiles. Rising innovations such as autonomous car technology, regenerative car breaking and active integration of multitude of sensors have raised the demands of discrete thyristor semiconductors aross major vehicles. Moreover, the rising demands of discrete semiconductors across the semiconductor and electronic sector is also boosting the market's growth.

Global thyristor discrete semiconductor was valued at USD 45,390.20 million in 2021 and is expected to reach USD 80952.42 milion by 2029, registering a CAGR of 7.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Thyristor Discrete Semiconductor Market Scope and Segmentation

Market Definition

A thyristor discrete semiconductors are the solid state switches used to control flow of electric current and is often used in home appliances, electrical tools and outdoor electrical handlings. The thyristor discrete semiconductors can be used as gate triggers for light controls, power pulse circuits, triac triggers in motor speed controls and others.

Global Thyristor Discrete Semiconductor Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increased preference towards energy-efficient devices

The favorable initiatives by the government associated with environmental regulations to increase demand for automotive bioplastics, will further extend profitable driving opportunities to the market players in the forecast period. The European Commission and other federal government agencies create new laws and regulations, such as the Eco-product Certification Scheme (ECS). These regulations guarantee low or no harmful compound emissions and a green and sustainable environment. Moreover, the rising need for energy-efficient devices in the context of the environmental safety regulations is also a factor driving the market's growth over the forecasted period.

• Enhanced features of the product

The enhanced features of the product is the factor driving the growth of the market over the forecasted period. The thyristor discrete semiconductors play a vital role in serving the electronic and semiconductor sectors through a wide range of features such as high voltage and ampere ratings, uni-directional and bi-directional current flow transient voltage protection and high voltage capabilities upto 1000 v. All these beneficiary factors are driving the growth of the market over the forecasted period.

Opportunities

• Growing penetration and miniaturization

The growing penetration of thyristor discrete semiconductors is estimated to generate lucrative opportunities for the market, further expanding the market's future growth rate. Additionally, the rising miniaturization of the electronic devices to enhance the capabilities of the product and to produce a space-efficient product has been a vital factor for the growth of the market and will create significant growth opportunities of the market over the forecasted period. Moreover, the rising investments in the research and development will also fuel the growth of the market over the forecasted period.

Restraints/Challenges

• Rising demands of the integrated circuits

The negative impact of rising demands of integrated circuits in the semiconductor’s sector and the unavailability of the advanced and innovative technology is expected to obstruct market growth.

• High costs of implementation

The main drawback is that implementation costs are higher than average. This factor is projected to be challenge for the thyristor discrete semiconductor market over the forecast period.

This thyristor discrete semiconductor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the thyristor discrete semiconductor contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Thyristor Discrete Semiconductor Market Scope

The thyristor discrete semiconductor market is segmented on the basis of type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Gate-Commutated Thyristor (GCTs)
• Integrated Gate-Commutated Thyristor (IGCT)
• Gate Turn-Off Thyristor (GTO)
• Triacs

End User

• Automotive
• Consumer Electronics
• Telecommunication
• Industrial Manufacturing
• Military and Defense
• Aerospace
• Others

Thyristor Discrete Semiconductor Market Regional Analysis/Insights

The thyristor discrete semiconductor market is analyzed and market size insights and trends are provided by type and end user as referenced above.

The countries covered in the thyristor discrete semiconductor market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the thyristor discrete semiconductor market because of the rising demands of the electric as well as hybrid vehicles within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising prevalence of various manufacturers within the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Thyristor Discrete Semiconductor Market Share Analysis

The thyristor discrete semiconductor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to thyristor discrete semiconductor market.

Some of the major players operating in the thyristor discrete semiconductor market are

• Infineon Technologies AG (Germany)
• Toshiba India Pvt. Ltd. (Japan)
• NXP Semiconductors. (Netherlands)
• Eaton. (Ireland)
• STMicroelectronics (Switzerland)
• Mouser Electronics (U.S.)
• Vishay Intertechnology, Inc. (India)
• Nexperia (Netherlands)
• ROHM CO., LTD. (Japan)
• Central Semiconductor Corp. (U.S.)
• Diodes Incorporated (U.S.)
• ABB (Switzerland)
• Mitsubishi Electric Corporation (Japan)
• Hitachi Power Semiconductor Device, Ltd. (Japan)
• Fuji Electric Co., Ltd. (Japan)