Thyristor Market
The thyristor is a four-layered semiconductor switching device that has three terminals anode, cathode, and gate. The thyristor is widely used as a switch for controlling electric power and is used in a variety of electric circuits. It has gained popularity owing to the various advantages offered, such as high compatibility, low maintenance, and less space required for integration. APAC held the largest share of the thyristor market and is expected to grow at a high CAGR during the forecast period. The thermistor market is expected to grow owing to the increasing demand for efficient power transmission systems in the region.
Multiple function and deployment with limited modification, low power operations, and compact design are the major factors that are expected to drive the growth of the thyristor market. However, slow digitization across emerging economies and lack of technical expertise are expected to hinder the growth of the thyristor market. The replacement of the aging infrastructure is creating opportunities for the players operating in the thyristor market to gain a strong customer base and generating more revenues.
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The Innovative Key Players are include:
• ABB Ltd
• Honeywell International Inc.
• Infineon Technologies AG
• Mitsubishi Electric Corporation
• Renesas Electronics Corporation.
• Schneider Electric SE
• Semiconductor Components Industries, LLC
• SEMIKRON
• STMicroelectronics
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