PUBLISHER: Lucintel | PRODUCT CODE: 1386425
PUBLISHER: Lucintel | PRODUCT CODE: 1386425
Thyristor Surge Suppressor Trends and Forecast
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 5.0% 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.
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Thyristor Surge Suppressor by Segment
The study includes a forecast for the global thyristor surge suppressor by type, distribution channel, application, and region.
Thyristor Surge Suppressor Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Thyristor Surge Suppressor Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
Thyristor Surge Suppressor Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Thyristor Surge Suppressor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Thyristor Surge Suppressor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies thyristor surge suppressor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the thyristor surge suppressor companies profiled in this report include-
Thyristor Surge Suppressor Market Insights
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.
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.
Features of the Global Thyristor Surge Suppressor Market
Market Size Estimates: Thyristor surge suppressor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Thyristor surge suppressor market size by type, distribution channel, application, and region in terms of value ($B).
Regional Analysis: Thyristor surge suppressor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, distribution channel, application, and regions for the thyristor surge suppressor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the thyristor surge suppressor market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the thyristor surge suppressor market size?
Answer: The global thyristor surge suppressor market is expected to reach an estimated $1.38 billion by 2030.
Q.2 What is the growth forecast for thyristor surge suppressor market?
Answer: The global thyristor surge suppressor market is expected to grow with a CAGR of 5.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the thyristor surge suppressor market?
Answer: 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.
Q4. What are the major segments for thyristor surge suppressor market?
Answer: 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.
Q5. Who are the key thyristor surge suppressor market companies?
Answer: Some of the key thyristor surge suppressor companies are as follows:
Q6. Which thyristor surge suppressor market segment will be the largest in future?
Answer: 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.
Q7. In thyristor surge suppressor market, which region is expected to be the largest in next 5 years?
Answer: 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.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.