Bidirectional Triac Market Report: Trends, Forecast and Competitive Analysis to 2030

Bidirectional Triac Trends and Forecast

The future of the global bidirectional triac market looks promising with opportunities in the electric fan, light dimmer, and household appliance markets. The global bidirectional triac market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are growing demand for energy-efficient appliances, expansion of the renewable energy sector, and increasing adoption of electric vehicles across the globe.

A more than 150-page report is developed to help in your business decisions.

Bidirectional Triac by Segment

The study includes a forecast for the global bidirectional triac by type, application, and region.

Bidirectional Triac Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• 6A-10A
• 12A-20A
• More than 20A

Bidirectional Triac Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Electric Fans
• Light Dimmers
• Household Appliances
• Others

Bidirectional Triac Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Bidirectional Triac 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 bidirectional triac companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bidirectional triac companies profiled in this report include-

• STMicroelectronics
• Solid State Manufacturing
• Littelfuse
• Ween Semiconductors
• Central Semiconductor
• NTE Electronics
• Sanken Electric

Bidirectional Triac Market Insights

Lucintel forecasts that 6A-10A is expected to witness the highest growth over the forecast period due to its reliability, durability, and affordability.

Within this market, electric fan is expected to witness the highest growth.

APAC is expected to witness highest growth over the forecast period due to strong demand for energy-efficient appliances and renewable energy in these regions.

Features of the Global Bidirectional Triac Market

Market Size Estimates: Bidirectional triac 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: Bidirectional triac market size by type, application, and region in terms of value ($B).

Regional Analysis: Bidirectional triac market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the bidirectional triac market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bidirectional triac market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for bidirectional triac market?

Answer: The global bidirectional triac market is expected to grow with a CAGR of 4.6% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the bidirectional triac market?

Answer: The major drivers for this market are growing demand for energy-efficient appliances, expansion of the renewable energy sector, and increasing adoption of electric vehicles across the globe.

Q3. What are the major segments for bidirectional triac market?

Answer: The future of the bidirectional triac market looks promising with opportunities in the electric fan, light dimmer, and household appliance markets.

Q4. Who are the key bidirectional triac market companies?

Answer: Some of the key bidirectional triac companies are as follows.

• STMicroelectronics
• Solid State Manufacturing
• Littelfuse
• Ween Semiconductors
• Central Semiconductor
• NTE Electronics
• Sanken Electric

Q5. Which bidirectional triac market segment will be the largest in future?

Answer: Lucintel forecasts that 6A-10A is expected to witness the highest growth over the forecast period due to its reliability, durability, and affordability.

Q6. In bidirectional triac 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 strong demand for energy-efficient appliances and renewable energy in these regions.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the bidirectional triac market by type (6A-10A, 12A-20A, and more than 20A), application (electric fans, light dimmers, household appliances, 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?