Global Thyristor Market | Industry Crucial Players - 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

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Thyristor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the global Thyristor Market have been elaborated upon in the research report.

For More Information Request Free Sample on Thyristor Market Research Report @ https://www.mrrse.com/sample/17610

 “Thyristor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global thyristor market is expected to reach US$ 7,225.9 Mn by 2026. The market is projected to expand at a CAGR of 7.0% during the forecast period from 2018 to 2026. According to the report, the global thyristor market will continue to be influenced by a range of factors such as their better reliability and cost savings compared to conventional solutions, replacement of aging infrastructure, and government initiatives. Growing usage of thyristors in consumer electronics is anticipated to drive Asia Pacific to the forefront of global demand, with the market in the region holding bulk of the share of the global thyristor market throughout the forecast years.

500-999MW segment expected to be more lucrative

The global thyristor market is segmented by power rating into below 500MW, 500-999MW, and above 1000MW. 500-999MW segment is expected to surpass US$ 2950 Mn by 2026. Thyristors are being extensively used across all power rating segments around the globe.

Consumer electronics segment expected to dominate the market around the globe

On the basis of application, the thyristor market is segmented into industrial electronics, consumer electronics, communications, and automotive electronics. The consumer electronics segment is expected to hold the major share of the market throughout the forecast period because of Asia Pacific’s increasing demand for thyristors in consumer electronics.

Browse Detail on Thyristor Market Research Report with TOC @ https://www.mrrse.com/thyristor-market

Asia Pacific to continue to hold significant share in the overall market

Asia Pacific is expected to hold higher market share for thyristors during the forecast period. The growth is mainly due to the increased adoption of thyristors with the presence of well-established players across the region, especially in China and Japan. Asia Pacific is also expected to emerge as the region showcasing the highest CAGR. Furthermore, Asia Pacific is witnessing high adoption of thyristors due to the increasing demand for energy to support the local manufacturing units.

Major players in the thyristor market include ABB Ltd, Siemens AG, Schneider Electric SE, Eaton Corporation Plc., Honeywell International Inc., Analog Devices, Inc., STMicroelectronics N.V., Infineon Technologies AG, ON Semiconductor, and Fuji Electric Co., Ltd.

Enquire about this Report @ https://www.mrrse.com/enquiry/17610

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This release was published on openPR.