Silicon Control Rectifier (Thyristor) Market Size, Share, Trends, Demand and Growth Forecast to 2023
The replacement of aging power distribution infrastructure in developed regions, along with high penetration of smart grids in the developing countries is driving the growth of the global silicon control rectifier market. Silicon control rectifiers are intensively used in power electronic applications, such as inverters, switches and controllers, from almost 50 years. The upsurge in urbanization, in addition with increased government spending on modern power generation and distribution infrastructure in the developing countries is expected to drive the growth of the global silicon control rectifier market during the forecast period.
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Silicon control rectifier offers lower switching losses, and relatively faster switching times, as compared to mechanical switches; while their use also reduces transmission losses, which in turn is driving its demand. The properties, such as low switching loss and low thermal stress increases the product life cycle of the power electronics devices. Moreover, the high thermal efficiency of the silicon control rectifier is expected to boost their demand in industrial applications.
North America accounted for the largest market share in the global silicon control rectifier market in 2014. The development of smart power grid, along with high penetration of flexible AC transmission system is driving the growth of the market in North America. The U.S. remains the largest market in North America. The European market is driven by the replacement of existing power distribution infrastructure. Germany, the U.K., Italy, and Spain are the major markets in Europe.
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The Asia-Pacific silicon control rectifier market is expected to be the fastest growing regional market, during the forecast period. The growth of smart grids, along with the increased power generation and consumption in the developing countries is providing ample growth opportunity for the global silicon control rectifier market. Country wise, China, India, and Japan are the major markets in Asia-Pacific. The Latin American market is largely dominated by Brazil.
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Some of the competitors in the global silicon control rectifier market are, STMicroelectronics, SEMIKRON International, Fuji Electric, ON semiconductor, and Infineon Technologies.
Request for a free sample of this research report: https://www.psmarketresearch.com/market-analysis/silicon-control-rectifier-market/report-sample
Silicon control rectifier offers lower switching losses, and relatively faster switching times, as compared to mechanical switches; while their use also reduces transmission losses, which in turn is driving its demand. The properties, such as low switching loss and low thermal stress increases the product life cycle of the power electronics devices. Moreover, the high thermal efficiency of the silicon control rectifier is expected to boost their demand in industrial applications.
North America accounted for the largest market share in the global silicon control rectifier market in 2014. The development of smart power grid, along with high penetration of flexible AC transmission system is driving the growth of the market in North America. The U.S. remains the largest market in North America. The European market is driven by the replacement of existing power distribution infrastructure. Germany, the U.K., Italy, and Spain are the major markets in Europe.
Explore report at: https://www.psmarketresearch.com/market-analysis/silicon-control-rectifier-market
The Asia-Pacific silicon control rectifier market is expected to be the fastest growing regional market, during the forecast period. The growth of smart grids, along with the increased power generation and consumption in the developing countries is providing ample growth opportunity for the global silicon control rectifier market. Country wise, China, India, and Japan are the major markets in Asia-Pacific. The Latin American market is largely dominated by Brazil.
Make enquiry before buying the report: https://www.psmarketresearch.com/market-analysis/silicon-control-rectifier-market/report-sample
Some of the competitors in the global silicon control rectifier market are, STMicroelectronics, SEMIKRON International, Fuji Electric, ON semiconductor, and Infineon Technologies.
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