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Thyristor Market By Power Rating (500 MV, 500 MV–1000 MV, 1000 MV); By Device Type (Silicon-Controlled Rectifier (SCR), Gate Turn-Off Thyristor (GTO), Bidirectional Triac, Reverse Conducting Thyristor, Asymmetric Thyristor (ASCR)); By Mounting and Package (Stud-Type, Capsule/Disc, SMD and Clip-mount, Module); By Triggering Method (Electrical Gate Triggered, Light Triggered (LTT), Pulse Transformer Triggered); By End User (Consumer Electronics, Telecommunication & Networking, Industrial, Automotive, Aerospace & Defence) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Name: Thyristor Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2026-01-07
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Thyristor Market

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Market Overview:

The Global Thyristor Market size was valued at USD 1,350.00 million in 2018 to USD 1,521.77 million in 2024 and is anticipated to reach USD 2,172.33 million by 2032, at a CAGR of 4.62% during the forecast period. The market shows steady expansion across power electronics uses. Growth reflects rising demand from industrial and utility sectors.

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
Thyristor Market Size 2024	USD 1,521.77 million
Thyristor Market, CAGR	4.62%
Thyristor Market Size 2032	USD 2,172.33 million

The Global Thyristor Market gains support from rising power control needs. Industrial automation increases use of controlled rectifiers. Power grids require reliable switching for voltage regulation. Electric rail systems depend on high current handling devices. Renewable energy inverters adopt thyristors for stable conversion. Heavy industries value durability under high load conditions. Manufacturing plants upgrade legacy power systems. Demand grows from motor drives and welding equipment. Long operating life supports repeat adoption across sectors.

Asia Pacific leads the Global Thyristor Market due to strong electronics manufacturing. China dominates through large-scale industrial and power projects. Japan and South Korea support demand with advanced semiconductor production. India emerges through grid expansion and rail electrification. Europe maintains stable demand from renewable energy integration. Germany and France focus on industrial automation upgrades. North America shows moderate growth from power utilities. Emerging regions adopt thyristors through infrastructure development.

Thyristor Market Size

Market Insights:

The Global Thyristor Market size was USD 1,350.00 million in 2018, reached USD 1,521.77 million in 2024, and is projected to hit USD 2,172.33 million by 2032, growing at a CAGR of 4.62% during the forecast period.
Asia Pacific leads with about 44% share due to large power infrastructure and manufacturing scale, followed by North America at nearly 26% driven by grid modernization, and Europe at around 20% supported by industrial automation and rail electrification.
Asia Pacific is the fastest-growing region with a 5.4% CAGR, supported by strong demand from China and India, expanding rail networks, and continuous grid capacity additions.
Electrical gate triggered thyristors account for nearly 55% share, reflecting wide use in industrial power control, motor drives, and standard grid applications.
Light triggered thyristors hold around 30% share, while pulse transformer triggered devices contribute close to 15%, supported by demand in high-voltage and noise-sensitive power systems.

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Market Drivers:

Rising Demand For Reliable Power Control Across Industrial Systems

The Global Thyristor Market gains strength from rising industrial power control needs. Factories require stable current control for heavy equipment. Steel, cement, and mining plants depend on high load tolerance devices. Thyristors support consistent performance under harsh electrical conditions. Power stability improves production efficiency across industries. Equipment downtime reduction supports adoption decisions. Long service life reduces replacement frequency. Cost efficiency supports large scale deployment.

For instance, ABB supplies phase control thyristors rated above 6 kA for steel rolling mills, enabling continuous furnace operation without unplanned shutdowns.

Expansion Of Electric Rail And Urban Transit Infrastructure

Electric rail networks rely on controlled power conversion systems. Thyristors manage traction power with high reliability. Metro projects expand across urban centers worldwide. Rail electrification programs increase component demand. Voltage control ensures safe train operations. High current capacity suits rail traction systems. Public transport investments support steady procurement. Infrastructure upgrades sustain long term demand.

For instance, Siemens Mobility deploys IGBT and Silicon Carbide (SiC) based traction converters, such as the MoComp series, to handle multi-megawatt loads in metro systems across Europe and Asia, including major networks in London, Nuremberg, and Delhi.

Growing Deployment Of High Voltage Direct Current Transmission

HVDC systems require precise power switching components. Thyristors enable efficient long distance power transmission. Grid operators expand HVDC links for energy security. Cross border power trade increases system installations. Grid modernization projects adopt proven technologies. High voltage handling ensures operational safety. Utilities prefer mature and tested components. Reliability supports grid level adoption.

Increasing Use In Heavy Duty Motor Drives And Industrial Equipment

Motor drives require accurate speed and torque control. Thyristors support stable motor performance under load. Industrial automation increases controlled drive installations. Oil and gas facilities use robust power devices. Marine and offshore systems demand high durability. Equipment standardization favors known components. Maintenance simplicity supports operational continuity. Industrial growth sustains consistent demand.

Market Trends:

Shift Toward Compact And High Efficiency Power Semiconductor Designs

Manufacturers focus on compact thyristor module designs. Space constraints influence equipment architecture decisions. Smaller footprints support modern power cabinets. Thermal management improves through advanced packaging. Efficiency gains reduce energy losses. Design optimization supports higher power density. Equipment makers value flexible integration options. Innovation drives gradual product evolution.

For instance, Infineon introduced press-pack thyristors with junction temperature limits reaching 135°C, improving reliability and power density in compact HVDC valve assemblies.

Integration Of Thyristors Within Hybrid Power Control Architectures

Power systems adopt hybrid semiconductor configurations. Thyristors combine with IGBTs for performance balance. Hybrid designs optimize switching and conduction roles. System designers improve efficiency through component pairing. Power electronics evolve toward modular layouts. Flexibility supports diverse voltage requirements. Engineering teams favor adaptable system designs. Architecture changes influence component selection.

For instance, Mitsubishi Electric utilizes All-Silicon Carbide (SiC) power modules and High-Voltage IGBTs (HVIGBTs) in traction inverters to handle high-current loads while reducing energy consumption by up to 40%.

Growing Focus On Standardization And Certification Compliance

Global projects demand certified power components. Standards ensure safety and interoperability. Manufacturers align products with international norms. Certification reduces approval timelines for utilities. Compliance supports global market access. End users prefer standardized components. Quality assurance influences supplier selection. Regulatory alignment shapes procurement trends.

Gradual Adoption Of Digital Monitoring In Power Devices

Digital sensors enter power control systems. Condition monitoring improves predictive maintenance. Thyristor modules integrate basic diagnostics. Operators track thermal and electrical stress. Data visibility supports asset management. Digital features improve system reliability. Utilities value early fault detection. Monitoring adoption supports lifecycle optimization.

Market Challenges Analysis:

Rising Competition From Advanced Power Semiconductor Alternatives

The Global Thyristor Market faces pressure from newer devices. IGBTs and MOSFETs gain share in fast switching uses. These alternatives support higher switching frequencies. Compact designs attract modern equipment makers. Performance expectations continue to rise. Cost comparisons influence buyer decisions. Technology shifts affect traditional applications. Competitive pressure challenges long term positioning.

Complex Thermal Management And Design Constraints In High Power Uses

High power operation generates significant heat loads. Thermal control increases system design complexity. Cooling requirements raise installation costs. Improper heat control risks device failure. Engineering precision becomes critical. System integration requires skilled expertise. Design errors affect reliability outcomes. These constraints limit adoption in compact systems.

Market Opportunities:

Expansion Of Renewable Energy Grid Infrastructure Projects

Renewable grids require stable power conversion devices. Thyristors support voltage control in large systems. Solar and wind integration increases grid complexity. Utilities invest in proven power components. Long service life suits infrastructure assets. Grid balancing needs support adoption. Energy transition projects expand component demand. It benefits from large scale deployments.

Rising Electrification Across Emerging Industrial Economies

Emerging markets expand industrial power capacity. Manufacturing growth increases demand for control devices. Grid expansion supports reliable switching needs. Infrastructure projects adopt cost effective technologies. Local industries prefer durable components. Electrification programs drive equipment upgrades. Power stability supports economic development. It gains traction through long term investments.

Market Segmentation Analysis:

By Power Rating

The Global Thyristor Market shows clear differentiation by power rating. The 500 MV segment supports consumer electronics and light industrial uses. This range suits compact systems with moderate load needs. The 500 MV–1000 MV segment serves rail traction and grid control equipment. High voltage tolerance supports stable power conversion. The 1000 MV segment addresses heavy industrial and HVDC applications. Utilities and large plants prefer this category. It supports long duty cycles under extreme conditions.

For instance, Hitachi Energy deploys ultra-high power thyristors in HVDC systems designed for continuous operation under extreme electrical stress.

By Device Type

Silicon-Controlled Rectifiers hold wide adoption due to cost efficiency. SCRs support rectification and motor control uses. Gate Turn-Off Thyristors serve advanced traction and power systems. GTOs enable controlled turn-off under high power. Bidirectional Triacs support AC switching in appliances. Reverse Conducting Thyristors reduce circuit complexity. Asymmetric Thyristors support high voltage DC transmission. Device choice depends on control and load needs.

For instance, STMicroelectronics supplies industrial-grade SCRs widely used in motor drives and controlled rectifiers across manufacturing plants worldwide.

By Mounting and Package

Stud-Type packages support mechanical stability and easy replacement. Capsule and Disc formats handle very high currents. SMD and Clip-mount designs suit compact electronics. Module packages support integrated thermal management. Packaging choice influences cooling and installation ease. Equipment design guides package selection.

By Triggering Method

Electrical gate triggered thyristors dominate standard systems. Light Triggered devices support high voltage isolation. Pulse transformer triggering supports noise sensitive systems. Triggering choice affects safety and control accuracy.

By End User

Industrial users lead demand due to heavy power needs. Automotive uses support power control modules. Telecommunication systems rely on stable switching. Consumer electronics favor compact designs. Aerospace and defence demand high reliability.

Segmentation:

By Power Rating

500 MV
500 MV–1000 MV
1000 MV

By Device Type

Silicon-Controlled Rectifier (SCR)
Gate Turn-Off Thyristor (GTO)
Bidirectional Triac
Reverse Conducting Thyristor
Asymmetric Thyristor (ASCR)

By Mounting and Package

Stud-Type
Capsule/Disc
SMD and Clip-mount
Module

By Triggering Method

Electrical Gate Triggered
Light Triggered (LTT)
Pulse Transformer Triggered

By End User

Consumer Electronics
Telecommunication & Networking
Industrial
Automotive
Aerospace & Defence

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa

Thyristor Market Trends

Regional Analysis:

North America

The North America Global Thyristor Market size was valued at USD 358.83 million in 2018 to USD 397.78 million in 2024 and is anticipated to reach USD 566.77 million by 2032, at a CAGR of 4.6 during the forecast period. North America holds nearly 26% market share. The Global Thyristor Market in North America benefits from strong industrial automation demand. Power utilities invest in grid modernization projects. Rail and metro upgrades support traction system demand. Manufacturing plants rely on stable power control devices. Electric vehicle infrastructure supports power electronics use. Defence and aerospace sectors demand high reliability components. Mature semiconductor supply chains support steady production. It maintains stable demand across core applications.

Europe

The Europe Global Thyristor Market size was valued at USD 288.36 million in 2018 to USD 309.49 million in 2024 and is anticipated to reach USD 411.34 million by 2032, at a CAGR of 3.7 during the forecast period. Europe accounts for about 20% market share. The Global Thyristor Market in Europe reflects strong industrial standards. Germany and France lead through automation investments. Renewable energy integration drives grid upgrades. Rail electrification projects sustain component demand. Power quality regulations support controlled rectifier use. Industrial retrofitting supports replacement cycles. Local manufacturers focus on efficiency improvements. It shows balanced growth across sectors.

Asia Pacific

The Asia Pacific Global Thyristor Market size was valued at USD 577.80 million in 2018 to USD 667.82 million in 2024 and is anticipated to reach USD 1,010.79 million by 2032, at a CAGR of 5.4 during the forecast period. Asia Pacific holds nearly 44% market share. The Global Thyristor Market in Asia Pacific leads due to scale. China dominates through power infrastructure expansion. India supports demand via rail and grid projects. Japan and South Korea rely on advanced electronics manufacturing. Industrial capacity growth sustains volume demand. Urban transport investments support traction systems. Cost efficient production strengthens regional supply. It remains the fastest growing region.

Latin America

The Latin America Global Thyristor Market size was valued at USD 78.30 million in 2018 to USD 87.33 million in 2024 and is anticipated to reach USD 114.85 million by 2032, at a CAGR of 3.6 during the forecast period. Latin America holds about 6% market share. The Global Thyristor Market in Latin America grows with infrastructure development. Brazil leads through industrial modernization. Power grid stability remains a priority. Mining and metals drive high load equipment use. Rail upgrades support traction demand. Import dependence shapes supply dynamics. Government projects influence procurement cycles. It shows gradual and steady expansion.

Middle East

The Middle East Global Thyristor Market size was valued at USD 28.35 million in 2018 to USD 28.30 million in 2024 and is anticipated to reach USD 32.81 million by 2032, at a CAGR of 2.0 during the forecast period. The region holds nearly 2% market share. The Global Thyristor Market in the Middle East depends on utilities. Grid reliability projects support controlled power systems. Oil and gas facilities require robust electronics. Infrastructure investments remain selective. Import reliance affects pricing structures. Industrial diversification supports limited growth. Power quality remains a focus area. It shows cautious demand patterns.

Africa

The Africa Global Thyristor Market size was valued at USD 18.36 million in 2018 to USD 31.05 million in 2024 and is anticipated to reach USD 35.78 million by 2032, at a CAGR of 1.3 during the forecast period. Africa holds around 2% market share. The Global Thyristor Market in Africa reflects early stage adoption. Grid expansion projects drive basic demand. South Africa leads through industrial activity. Power reliability challenges support control system use. Import dependence shapes availability. Infrastructure funding limits rapid growth. Utility upgrades influence procurement decisions. It shows long term potential with gradual progress.

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Key Player Analysis:

ABB Ltd
Siemens AG
Schneider Electric SE
Eaton Corporation Plc.
Honeywell International Inc.
Analog Devices, Inc.
STMicroelectronics N.V.
Infineon Technologies AG
ON Semiconductor
Fuji Electric Co., Ltd.
Mitsubishi Electric
Nihon Inter Electronics Corporation

Competitive Analysis:

The Global Thyristor Market shows a consolidated competitive structure with strong global players. Large manufacturers focus on power electronics portfolios and long term customer contracts. Companies invest in product reliability and thermal performance improvement. Portfolio depth across power ratings strengthens market position. Strategic focus remains on industrial, grid, and traction applications. Established brands benefit from strong certification records. Manufacturing scale supports cost efficiency. Regional presence improves customer proximity. It favors players with integrated semiconductor capabilities. Competition centers on durability, voltage handling, and system compatibility. Partnerships with utilities and OEMs support demand stability. Market leaders protect share through technology upgrades.

Recent Developments:

In October 2025, Siemens launched the Sinamics S220, a new high-performance drive system designed to meet the demands of digital transformation in industrial automation. This system features a new control unit (CU320-3) and integrates seamlessly into the Siemens Xcelerator portfolio, offering enhanced simulation and analysis capabilities. The S220 system includes regenerative active infeeds and is built on a safety architecture that reduces cycle times from 12 ms to 4 ms, significantly improving productivity and safety for high-power industrial applications.
In October 2025, Schneider Electric showcased its “2025 Offerings,” which included the expansion of its medium voltage drive portfolio with the Altivar Process ATV6100. Designed for energy-intensive industries like mining, minerals, and metals, this drive system features a compact footprint and optimized design to improve asset management and energy efficiency. The system supports predictive maintenance through the new Altivar Predict sensor-less monitoring technology, which uses advanced algorithms to detect faults early and optimize the performance of power control applications.
In October 2025, Eaton unveiled the 9395 XR Uninterruptible Power Supply (UPS) system at the Elecrama event, positioning it as a flagship solution for mission-critical infrastructure. This advanced power backup system is designed to maximize energy efficiency and reliability for data centers and industrial facilities, addressing the growing global demand for robust power management. The launch underscores Eaton’s focus on high-power density solutions that support the transition to renewable energy and stable grid operations.

Report Coverage:

The research report offers an in-depth analysis based on By Power Rating, By Device Type, By Mounting and Package, By Triggering Method, By End User, and By Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook:

Grid modernization initiatives will continue to drive steady demand for thyristor-based power control systems.
Industrial automation expansion will increase the need for reliable high-current switching devices.
Rail electrification programs will support long-term adoption of high power thyristors.
Renewable energy integration will strengthen demand for stable grid-level power electronics.
Manufacturers will focus on improving thermal performance and operational reliability.
Asia Pacific will maintain leadership due to strong infrastructure and manufacturing activity.
Modular and integrated packaging formats will see wider acceptance across industries.
Compliance with global safety and performance standards will influence supplier selection.
Hybrid power architectures will shape future system design and component integration.
Long equipment lifecycles will support sustained replacement and retrofit demand.

CHAPTER NO. 1 : GENESIS OF THE MARKET

1.1 Market Prelude – Introduction & Scope

1.2 The Big Picture – Objectives & Vision

1.3 Strategic Edge – Unique Value Proposition

1.4 Stakeholder Compass – Key Beneficiaries

CHAPTER NO. 2 : EXECUTIVE LENS

2.1 Pulse of the Industry – Market Snapshot

2.2 Growth Arc – Revenue Projections (USD Million)

2.3. Premium Insights – Based on Primary Interviews

CHAPTER NO. 3 : THYRISTOR MARKET FORCES & INDUSTRY PULSE

3.1 Foundations of Change – Market Overview
3.2 Catalysts of Expansion – Key Market Drivers
3.2.1 Momentum Boosters – Growth Triggers
3.2.2 Innovation Fuel – Disruptive Technologies
3.3 Headwinds & Crosswinds – Market Restraints
3.3.1 Regulatory Tides – Compliance Challenges
3.3.2 Economic Frictions – Inflationary Pressures
3.4 Untapped Horizons – Growth Potential & Opportunities
3.5 Strategic Navigation – Industry Frameworks
3.5.1 Market Equilibrium – Porter’s Five Forces
3.5.2 Ecosystem Dynamics – Value Chain Analysis
3.5.3 Macro Forces – PESTEL Breakdown

3.6 Price Trend Analysis

3.6.1 Regional Price Trend
3.6.2 Price Trend by product

CHAPTER NO. 4 : KEY INVESTMENT EPICENTER

4.1 Regional Goldmines – High-Growth Geographies

4.2 Product Frontiers – Lucrative Product Categories

4.3 Device Type Sweet Spots – Emerging Demand Segments

CHAPTER NO. 5: REVENUE TRAJECTORY & WEALTH MAPPING

5.1 Momentum Metrics – Forecast & Growth Curves

5.2 Regional Revenue Footprint – Market Share Insights

5.3 Segmental Wealth Flow – Power Rating & Device Type Revenue

CHAPTER NO. 6 : TRADE & COMMERCE ANALYSIS

6.1. Import Analysis by Region

6.1.1. Global Thyristor Market Import Revenue By Region

6.2. Export Analysis by Region

6.2.1. Global Thyristor Market Export Revenue By Region

CHAPTER NO. 7 : COMPETITION ANALYSIS

7.1. Company Market Share Analysis

7.1.1. Global Thyristor Market: Company Market Share

7.2. Global Thyristor Market Company Revenue Market Share

7.3. Strategic Developments

7.3.1. Acquisitions & Mergers

7.3.2. New Product Launch

7.3.3. Regional Expansion

7.4. Competitive Dashboard

7.5. Company Assessment Metrics, 2024

CHAPTER NO. 8 : THYRISTOR MARKET – BY POWER RATING SEGMENT ANALYSIS

8.1. Thyristor Market Overview by Power Rating Segment

8.1.1. Thyristor Market Revenue Share By Power Rating

8.2. 500 MV

8.3. 500 MV-1000 MV

8.4. 1000 MV

CHAPTER NO. 9 : THYRISTOR MARKET – BY DEVICE TYPE SEGMENT ANALYSIS

9.1. Thyristor Market Overview by Device Type Segment

9.1.1. Thyristor Market Revenue Share By Device Type

9.2. Silicon-Controlled Rectifier (SCR)

9.3. Gate Turn-Off Thyristor (GTO)

9.4. Bidirectional Triac

9.5. Reverse Conducting Thyristor

9.6. Asymmetric Thyristor (ASCR)

CHAPTER NO. 10 : THYRISTOR MARKET – BY MOUNTING AND PACKAGE SEGMENT ANALYSIS

10.1. Thyristor Market Overview by Mounting and Package Segment

10.1.1. Thyristor Market Revenue Share By Mounting and Package

10.2. Stud-Type

10.3. Capsule/Disc

10.4. SMD and Clip-mount

10.5. Module

CHAPTER NO. 11 : THYRISTOR MARKET – BY TRIGGERING METHOD SEGMENT ANALYSIS

11.1. Thyristor Market Overview by Triggering Method Segment

11.1.1. Thyristor Market Revenue Share By Triggering Method

11.2. Electrical Gate Triggered

11.3. Light Triggered (LTT)

11.4. Pulse Transformer Triggered

CHAPTER NO. 12 : THYRISTOR MARKET – BY END USER SEGMENT ANALYSIS

12.1. Thyristor Market Overview by End User Segment

12.1.1. Thyristor Market Revenue Share By End User

12.2. Consumer Electronics

12.3. Telecommunication & Networking

12.4. Industrial

12.5. Automotive

12.6. Aerospace & Defence

CHAPTER NO. 13 : THYRISTOR MARKET – REGIONAL ANALYSIS

13.1. Thyristor Market Overview by Region Segment

13.1.1. Global Thyristor Market Revenue Share By Region

13.1.2. Regions

13.1.3. Global Thyristor Market Revenue By Region

13.1.4. Power Rating

13.1.5. Global Thyristor Market Revenue By Power Rating

13.1.6. Device Type

13.1.7. Global Thyristor Market Revenue By Device Type

13.1.8. Mounting and Package

13.1.9. Global Thyristor Market Revenue By Mounting and Package

13.1.10. Triggering Method

13.1.12. Global Thyristor Market Revenue By Triggering Method

13.1.13. End User

13.1.14. Global Thyristor Market Revenue By End User

CHAPTER NO. 14 : NORTH AMERICA THYRISTOR MARKET – COUNTRY ANALYSIS

14.1. North America Thyristor Market Overview by Country Segment

14.1.1. North America Thyristor Market Revenue Share By Region

14.2. North America

14.2.1. North America Thyristor Market Revenue By Country

14.2.2. Power Rating

14.2.3. North America Thyristor Market Revenue By Power Rating

14.2.4. Device Type

14.2.5. North America Thyristor Market Revenue By Device Type

14.2.6. Mounting and Package

14.2.7. North America Thyristor Market Revenue By Mounting and Package

14.2.8. Triggering Method

14.2.9. North America Thyristor Market Revenue By Triggering Method

14.2.10. End User

14.2.11. North America Thyristor Market Revenue By End User

14.3. U.S.

14.4. Canada

14.5. Mexico

CHAPTER NO. 15 : EUROPE THYRISTOR MARKET – COUNTRY ANALYSIS

15.1. Europe Thyristor Market Overview by Country Segment

15.1.1. Europe Thyristor Market Revenue Share By Region

15.2. Europe

15.2.1. Europe Thyristor Market Revenue By Country

15.2.2. Power Rating

15.2.3. Europe Thyristor Market Revenue By Power Rating

15.2.4. Device Type

15.2.5. Europe Thyristor Market Revenue By Device Type

15.2.6. Mounting and Package

15.2.7. Europe Thyristor Market Revenue By Mounting and Package

15.2.8. Triggering Method

15.2.9. Europe Thyristor Market Revenue By Triggering Method

15.2.10. End User

15.2.11. Europe Thyristor Market Revenue By End User

15.3. UK

15.4. France

15.5. Germany

15.6. Italy

15.7. Spain

15.8. Russia

15.9. Rest of Europe

CHAPTER NO. 16 : ASIA PACIFIC THYRISTOR MARKET – COUNTRY ANALYSIS

16.1. Asia Pacific Thyristor Market Overview by Country Segment

16.1.1. Asia Pacific Thyristor Market Revenue Share By Region

16.2. Asia Pacific

16.2.1. Asia Pacific Thyristor Market Revenue By Country

16.2.2. Power Rating

16.2.3. Asia Pacific Thyristor Market Revenue By Power Rating

16.2.4. Device Type

16.2.5. Asia Pacific Thyristor Market Revenue By Device Type

16.2.6. Mounting and Package

16.2.7. Asia Pacific Thyristor Market Revenue By Mounting and Package

16.2.8. Triggering Method

16.2.9. Asia Pacific Thyristor Market Revenue By Triggering Method

16.2.10. End User

16.2.11. Asia Pacific Thyristor Market Revenue By End User

16.3. China

16.4. Japan

16.5. South Korea

16.6. India

16.7. Australia

16.8. Southeast Asia

16.9. Rest of Asia Pacific

CHAPTER NO. 17 : LATIN AMERICA THYRISTOR MARKET – COUNTRY ANALYSIS

17.1. Latin America Thyristor Market Overview by Country Segment

17.1.1. Latin America Thyristor Market Revenue Share By Region

17.2. Latin America

17.2.1. Latin America Thyristor Market Revenue By Country

17.2.2. Power Rating

17.2.3. Latin America Thyristor Market Revenue By Power Rating

17.2.4. Device Type

17.2.5. Latin America Thyristor Market Revenue By Device Type

17.2.6. Mounting and Package

17.2.7. Latin America Thyristor Market Revenue By Mounting and Package

17.2.8. Triggering Method

17.2.9. Latin America Thyristor Market Revenue By Triggering Method

17.2.10. End User

17.2.11. Latin America Thyristor Market Revenue By End User

17.3. Brazil

17.4. Argentina

17.5. Rest of Latin America

CHAPTER NO. 18 : MIDDLE EAST THYRISTOR MARKET – COUNTRY ANALYSIS

18.1. Middle East Thyristor Market Overview by Country Segment

18.1.1. Middle East Thyristor Market Revenue Share By Region

18.2. Middle East

18.2.1. Middle East Thyristor Market Revenue By Country

18.2.2. Power Rating

18.2.3. Middle East Thyristor Market Revenue By Power Rating

18.2.4. Device Type

18.2.5. Middle East Thyristor Market Revenue By Device Type

18.2.6. Mounting and Package

18.2.7. Middle East Thyristor Market Revenue By Mounting and Package

18.2.8. Triggering Method

18.2.9. Middle East Thyristor Market Revenue By Triggering Method

18.2.10. End User

18.2.11. Middle East Thyristor Market Revenue By End User

18.3. GCC Countries

18.4. Israel

18.5. Turkey

18.6. Rest of Middle East

CHAPTER NO. 19 : AFRICA THYRISTOR MARKET – COUNTRY ANALYSIS

19.1. Africa Thyristor Market Overview by Country Segment

19.1.1. Africa Thyristor Market Revenue Share By Region

19.2. Africa

19.2.1. Africa Thyristor Market Revenue By Country

19.2.2. Power Rating

19.2.3. Africa Thyristor Market Revenue By Power Rating

19.2.4. Device Type

19.2.5. Africa Thyristor Market Revenue By Device Type

19.2.6. Mounting and Package

19.2.7. Africa Thyristor Market Revenue By Mounting and Package

19.2.8. Triggering Method

19.2.9. Africa Thyristor Market Revenue By Triggering Method

19.2.10. End User

19.2.11. Africa Thyristor Market Revenue By End User

19.3. South Africa

19.4. Egypt

19.5. Rest of Africa

CHAPTER NO. 20 : COMPANY PROFILES

20.1. ABB Ltd

20.1.1. Company Overview

20.1.2. Product Portfolio

20.1.3. Financial Overview

20.1.4. Recent Developments

20.1.5. Growth Strategy

20.1.6. SWOT Analysis

20.2. Siemens AG

20.3. Schneider Electric SE

20.4. Eaton Corporation Plc.

20.5. Honeywell International Inc.

20.6. Analog Devices, Inc.

20.7. STMicroelectronics N.V.

20.8. Infineon Technologies AG

20.9. ON Semiconductor

20.10. Fuji Electric Co., Ltd.

20.11. Mitsubishi Electric

20.12. Nihon Inter Electronics Corporation

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Frequently Asked Questions

What is the current market size for Global Thyristor Market, and what is its projected size in 2032?

The market was valued at USD 1,521.77 million in 2024.
It is projected to reach USD 2,172.33 million by 2032.
Growth reflects steady demand from power and industrial sectors.

At what Compound Annual Growth Rate is the Global Thyristor Market projected to grow between 2025 and 2032?

The market is projected to grow at a CAGR of 4.62%.
Growth remains stable across major end users.
Industrial and grid investments support expansion.

Which Global Thyristor Market market segment held the largest share in 2024?

The industrial end user segment held the largest share.
Heavy power applications drive consistent demand.
Grid and manufacturing systems support dominance.

What are the primary factors fueling the growth of the Global Thyristor Market?

Grid modernization and rail electrification drive demand.
Industrial automation increases power control needs.
Long service life supports repeat adoption.

Who are the leading companies in the Global Thyristor Market?

Key players include ABB Ltd, Siemens AG, and Infineon Technologies AG.
Other major firms include Mitsubishi Electric and STMicroelectronics.
These companies focus on reliability and scale.

Which region commanded the largest share of the Global Thyristor Market in 2024?

Asia Pacific commanded the largest regional share.
China and India drove volume demand.
Strong manufacturing and infrastructure projects supported leadership.

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Sushant Phapale

ICT & Automation Expert

Sushant is an expert in ICT, automation, and electronics with a passion for innovation and market trends.

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