Power Transistors and Thyristors Devices Market Analysis 2020: By Keyplayers Semiconductor Components Industries, LLC, STMicroelectronics, Toshiba Corporation, Vishay Intertechnology, Fuji Electric Co., Ltd, Renesas Electronics Corporation, ROHM CO., LTD.

Power transistors and Thyristors are switching devices, however, power transistors are used for high frequency application and thyristors are used in high power application. In high-frequency application, transistor is used due to its small turn-on and turn-off time. In high power application, thyristors are used due to its high current carrying capability. Thyristors are designed with alternating four semiconductor P and N type of materials and three layer of sandwich type of design is used for the transistor. Due to this design, power thyristors have heavy weight and transistors have less weight compared to the thyristor. Power transistors and thyristors devices are extensively use power electronics circuits. Power electronic controls and converts the electric power. The market for power transistors and thyristors is expected to exhibit growth in the forecast period, owing to increasing need for power management devices. ?

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Factors Driving Growth of the?Power Transistors and Thyristors Devices Market

Rising demand for consumer electronics is fueling growth of power transistors and thyristor device market globally. Power transistors and thyristors devices are used in consumer devices to control and regulate the power. Growth in disposable income is leading to increasing demand for consumer electronics globally. According to a report published by World Bank, in October 2019, in 2016-2017, disposable personal income in Thailand increased from US$ 253,848.24 million to US$ 586,575.6 million. Which will subsequently drive the adoption of power transistors and thyristor devices.

However, lack of skilled labors and increasing R&D cost may hamper growth of power transistors and thyristors market over the forecast period. Other factors such as stiff competition in the semiconductor industry and less profit margin for transistors and thyristors is expected to hinder the growth of the global power transistors and thyristors devices.

Power Transistors and Thyristors Devices Market: Regional Insight

On the basis of region, power transistors and thyristors devices market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific is expected to be dominant region in the global market and is expected to remain dominant over the forecast period. This is owing to high presence of key players including Toshiba Corporation, Fuji Electric Co., Ltd, Renesas Electronics Corporation, ROHM CO., LTD., Sanken Electric Co. Ltd., Mitsubishi Electric Corporation, Changzhou Galaxy Semiconductor Co.Ltd., and others, in the region.??????

According to Coherent Market Insights' analysis, China is the world largest semiconductor consumption market with 47% of total consumption in year 2018 and this is expected to grow further in the forecast period. This is owing commercialization of Internet of Things (IoT) and introduction of 5G. Furthermore, India is also expected to exhibit high growth owing to it being a growing market for electronics. For instance, according to a report published by India Brand Equity Foundation (IBEF), in April 2018, Indian electronics market is expected to grow at 41% CAGR between 2017 to 2020 to reach US$ 400 billion in 2020. Such factors are expected to aid in growth of the Asia Pacific power transistors and thyristors devices market over the forecast period.

Key Players in the?Power Transistors and Thyristors Devices Market

Prominent players in the market include Semiconductor Components Industries, LLC, STMicroelectronics, Toshiba Corporation, Vishay Intertechnology, Fuji Electric Co., Ltd, Renesas Electronics Corporation, ROHM CO., LTD., ABB, Sanken Electric Co. Ltd., Mitsubishi Electric Corporation, IXYS Corporation, Semikron, Microsemi Corporation, Central Semiconductor Corp., Infineon Technologies AG, Changzhou Galaxy Semiconductor Co.Ltd., and others.??

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Power Transistors and Thyristors Devices Market: Taxonomy

By Product type
o Metal Oxide Semiconductor Field Effect Transistor (MOSFET)
o Insulated-Gate Bipolar Transistor(?IGBT)
o Thyristors
o Bipolar Power Transistors
By Application
o Automotive
o Power Industry
o Consumer electronics
o Communications
o Others
By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa

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This release was published on openPR.