Global thyrector market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a considerable CAGR during the forecast period.
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Thyrector is an electronic semiconductor device which consists of two PN junction diodes that are connected in series. This device is used to provide protection to a part of electronic equipment from the damage of voltage spikes. It is also called as transient-voltage-suppression (TVS) diode.
A surge in the adoption of thyrectors in applications such as microprocessors, MOS memory, signal and data lines, telecom equipments and in AC power lines is the major driving factor behind the growth of the market. Increasing need to protect sensitive electronics components from electrical overstress, rising applications of thyrectors in automotive applications and surging demand for thyrectors for applications such as portable electronics, set top boxes, mobile phones and media players are expected to improve the growth of the market during the forecast period. In addition, thyrectors provides some benefits such as low clamping voltages and fast response time, which make them more ideal choice semiconductor components.
However, low energy handling, high cost than Zener diode and high capacitance are the major restraining factors that could hamper the growth of the market.
Global Thyrector Market: Segmentation Analysis
By industry, consumer electronics segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX%. Thyrectors are useful in consumer electronic applications to suppress spikes of voltage and to shield the electronics device against ESD damage. A growing adoption of thyrectors in numerous applications such as peripherals and computers, mobile phones, digital cameras, DVD players, external storage, media players, docking systems and set top boxes is attributed to the growth of the market.
However, automotive segment is projected to witness fast growth at a CAGR of XX% during the forecast period. In an automotive vehicle there are a number of specific areas where thyrectors are used to protect against various threats. A rising adoption of thyrectors in automotive vehicles to protect the systems within a vehicle and to absorb high energy situations such as field decay and load dump is escalating the growth of the market.
Global Thyrector Market: Regional Analysis
Region-wise, Asia pacific held the largest market share in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The economies such as China, Japan, India, Taiwan, and South Korea are the major key contributors behind the growth of the market. The growth is attributed to the growing market for semiconductor and consumer electronics industry across the region.
Increasing initiatives by the government to boost semiconductor manufacturing industry, massive presence of semiconductor manufacturing companies and rising allocation of budgets for the development of consumer electronics industry across the region is driving the growth of the market.
The objective of the report is to present a comprehensive analysis of the Global Thyrector Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Thyrector Market dynamics, structure by analyzing the market segments and projects the Global Thyrector Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Thyrector Market make the report investor’s guide.
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The Scope of Global Thyrector Market
Global Thyrector Market, By Type
Global Thyrector Market, By Application
• DC Supply Protection
• AC Supply Protection
• Telecommunication Equipment
• IGBT Gate Protection
Global Thyrector Market, By Industry
• Consumer Electronics
• Automotive Electronics
Global Thyrector Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Global Thyrector Market, Key Players
• Infineon Technologies AG
• NXP Semiconductor
• Bourns Inc
• ProTek Devices
• Littelfuse, Inc
• Sensitron Semiconductor
• Diodes Inc
• Vishay Intertechnology, Inc
• ON Semiconductor
• LAN Technology
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Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Vikas Godage
Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.
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