Product Code: ETC271884 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India thyristor market import shipment exhibited a moderate growth trend from 2020 to 2024, with a CAGR of 3.7%. However, there was a notable decline in growth rate between 2023 and 2024, indicating a temporary slowdown in market expansion. Overall, the market showed signs of stabilization towards the end of the period.
The thyristor market in India is vital for power electronics and control systems. Thyristors, or silicon-controlled rectifiers, are used in applications like motor control, lighting systems, and power regulation. With the industrial and manufacturing sectors experiencing growth, the demand for thyristors has been on the rise. The market is dynamic, with a mix of domestic and international manufacturers offering diverse thyristor solutions to cater to India evolving power and control needs.
The India thyristor market is driven by the expanding industrial and power electronics sectors. Thyristors are crucial in power control and regulation, making them essential in applications like motor drives, heating systems, and power transmission, all of which are growing sectors in the India economy.
The India thyristor market confronts challenges related to the need for advanced power control solutions, changing technological requirements, and competition from international manufacturers. The demand for advanced power control solutions in various industries necessitates continuous innovation and development, adding pressure on domestic manufacturers to keep up with changing requirements. International competitors with extensive experience and established customer bases can pose challenges for domestic thyristor manufacturers. Additionally, pricing pressure and the need for cost-effective solutions can affect profit margins.
The thyristor market faced challenges due to supply chain disruptions and reduced industrial activities. Recovery is expected as industries get back on track.
The India Thyristor market is marked by the presence of prominent players who are at the forefront of delivering advanced thyristor solutions for various applications. Key players such as Infineon Technologies AG, Vishay Intertechnology Inc., STMicroelectronics, and ON Semiconductor Corporation play a pivotal role in providing a wide range of thyristor devices that cater to the diverse needs of India electrical and electronics industries. These companies are known for their commitment to innovation, high-quality products, and reliability, contributing to the efficient control and regulation of electrical power in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Thyristor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Thyristor Market Revenues & Volume, 2021 & 2031F |
3.3 India Thyristor Market - Industry Life Cycle |
3.4 India Thyristor Market - Porter's Five Forces |
3.5 India Thyristor Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.6 India Thyristor Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 India Thyristor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient devices and power management systems in various industries |
4.2.2 Growing adoption of electric vehicles and renewable energy sources driving the demand for thyristors |
4.2.3 Government initiatives and policies promoting the use of thyristors in smart grid systems |
4.3 Market Restraints |
4.3.1 Intense competition from other power semiconductor devices like MOSFETs and IGBTs |
4.3.2 Volatile raw material prices affecting production costs |
4.3.3 Technological advancements leading to the development of alternative solutions |
5 India Thyristor Market Trends |
6 India Thyristor Market, By Types |
6.1 India Thyristor Market, By Power Rating |
6.1.1 Overview and Analysis |
6.1.2 India Thyristor Market Revenues & Volume, By Power Rating, 2021-2031F |
6.1.3 India Thyristor Market Revenues & Volume, By Below 5OO MW, 2021-2031F |
6.1.4 India Thyristor Market Revenues & Volume, By 500 MW-999 MW, 2021-2031F |
6.1.5 India Thyristor Market Revenues & Volume, By 1000 MW and above, 2021-2031F |
6.2 India Thyristor Market, By Industry Vertical |
6.2.1 Overview and Analysis |
6.2.2 India Thyristor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.3 India Thyristor Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 India Thyristor Market Revenues & Volume, By Telecommunication & Networking, 2021-2031F |
6.2.5 India Thyristor Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 India Thyristor Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.7 India Thyristor Market Revenues & Volume, By Healthcare, 2021-2031F |
7 India Thyristor Market Import-Export Trade Statistics |
7.1 India Thyristor Market Export to Major Countries |
7.2 India Thyristor Market Imports from Major Countries |
8 India Thyristor Market Key Performance Indicators |
8.1 Average selling price of thyristors |
8.2 Number of new product launches in the thyristor market |
8.3 Adoption rate of thyristors in key industries such as automotive, energy, and electronics |
9 India Thyristor Market - Opportunity Assessment |
9.1 India Thyristor Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.2 India Thyristor Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 India Thyristor Market - Competitive Landscape |
10.1 India Thyristor Market Revenue Share, By Companies, 2024 |
10.2 India Thyristor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |