The future of the global thyristor surge suppressor market looks promising with opportunities in the communication, electronics, power industry, transportation, medical, industrial, and automotive markets. The global thyristor surge suppressor market is expected to reach an estimated $1.38 billion by 2030 with a CAGR of 5% from 2024 to 2030. The major drivers for this market are rising demand in data center applications, growing demand of smart grids and reliable protection against voltage transients, as well as, high adaption for thyristor surge suppressors in transportation systems.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the thyristor surge
suppressor market by type (SMA type thyristor surge suppressors, SMB type
thyristor surge suppressors, SMC type thyristor surge suppressors, and SMD type
thyristor surge suppressors), distribution channel (direct and indirect),
application (communication, electronics, power industry, transportation,
medical, industrial, automotive, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, direct
and indirect are the major segments of thyristor surge suppressor market by
distribution channel. Lucintel forecasts that indirect is expected to witness
highest growth over the forecast period due to larger distribution of TSS to
end users, such as manufacturers, industrial users, and commercial users.
Within this market,
power industry will remain the largest segment over the forecast period due to
growing requirement for thyristor surge suppressors in power generation and
distribution scenarios.
APAC is expected to
witness highest growth over the forecast period due to surging request for
communication systems and electronic products in nations like China, India,
Japan, South Korea, and Taiwan.
SSG Semiconductor,
Shindengen Electric, Ruilon Electronics, UN Semiconductor, and Brightking are
the major suppliers in the thyristor surge suppressor market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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