Product Code: ETC271899 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Saudi Arabia Thyristor Market is poised for steady growth rate improvements from 2025 to 2029. From 0.07% in 2025, the growth rate steadily ascends to 0.11% in 2029.
The thyristor market in Saudi Arabia is a vital component of the country`s electronics and power sectors. Thyristors, as semiconductor devices, play a crucial role in controlling electric power. The market`s growth is driven by the increasing adoption of energy-efficient solutions in various industries, including power generation, industrial automation, and consumer electronics. The emphasis on renewable energy projects further fuels the demand for thyristors in power converters and inverters. As the Kingdom aims to diversify its economy, the thyristor market is expected to align with the broader technological advancements and industrial growth.
The Saudi Arabia thyristor market gains momentum from its critical role in various applications such as power control, motor drives, and lighting systems. As the nation focuses on energy efficiency and the expansion of its industrial and manufacturing sectors, the demand for precise and controllable power electronics components like thyristors grows. The integration of renewable energy sources into the power grid also necessitates sophisticated power control solutions, further boosting the thyristor market. The drive towards modernization and automation across industries fuels the adoption of thyristor-based systems for optimized energy consumption and operational efficiency.
The thyristor market in Saudi Arabia confronts distinctive challenges in the realm of power electronics. One of the primary challenges is the need to keep up with the rapid pace of technological advancements, particularly in high-power applications like energy transmission and motor control. Manufacturers must continually innovate to enhance thyristor efficiency, switching speeds, and thermal management capabilities to meet evolving industry standards. The market`s growth is also influenced by the adoption of alternative power semiconductor devices, such as insulated gate bipolar transistors (IGBTs) and silicon carbide (SiC) devices. Convincing industries to choose thyristors over these alternatives requires demonstrating their unique advantages and value proposition.
In the wake of the COVID-19 pandemic, the Saudi Arabia thyristor market faced challenges stemming from supply chain disruptions and reduced industrial activities. Thyristors are integral components in various industrial applications, and the slowdown in sectors like manufacturing and energy production impacted demand. Travel restrictions hindered international trade, affecting the availability of raw materials and finished products. The market witnessed a shift towards remote monitoring and predictive maintenance solutions to optimize existing installations. As industries recover, the thyristor market is expected to gradually regain momentum through targeted technological innovations and demand resurgence.
Notable players in the Saudi Arabia thyristor market include Infineon Technologies AG, ON Semiconductor Corporation, Toshiba Corporation, Mitsubishi Electric Corporation, and ABB Group. These companies manufacture thyristors used in various electrical and electronic applications.
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 Saudi Arabia Thyristor Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Thyristor Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Thyristor Market - Industry Life Cycle |
3.4 Saudi Arabia Thyristor Market - Porter's Five Forces |
3.5 Saudi Arabia Thyristor Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.6 Saudi Arabia Thyristor Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Saudi Arabia Thyristor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure projects in Saudi Arabia |
4.2.2 Growing demand for energy-efficient devices in industrial applications |
4.2.3 Rising adoption of renewable energy sources in the country |
4.3 Market Restraints |
4.3.1 Intense competition from alternative semiconductor devices |
4.3.2 Volatility in raw material prices affecting production costs |
5 Saudi Arabia Thyristor Market Trends |
6 Saudi Arabia Thyristor Market, By Types |
6.1 Saudi Arabia Thyristor Market, By Power Rating |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Thyristor Market Revenues & Volume, By Power Rating, 2021-2031F |
6.1.3 Saudi Arabia Thyristor Market Revenues & Volume, By Below 5OO MW, 2021-2031F |
6.1.4 Saudi Arabia Thyristor Market Revenues & Volume, By 500 MW-999 MW, 2021-2031F |
6.1.5 Saudi Arabia Thyristor Market Revenues & Volume, By 1000 MW and above, 2021-2031F |
6.2 Saudi Arabia Thyristor Market, By Industry Vertical |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Thyristor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.3 Saudi Arabia Thyristor Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Saudi Arabia Thyristor Market Revenues & Volume, By Telecommunication & Networking, 2021-2031F |
6.2.5 Saudi Arabia Thyristor Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 Saudi Arabia Thyristor Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.7 Saudi Arabia Thyristor Market Revenues & Volume, By Healthcare, 2021-2031F |
7 Saudi Arabia Thyristor Market Import-Export Trade Statistics |
7.1 Saudi Arabia Thyristor Market Export to Major Countries |
7.2 Saudi Arabia Thyristor Market Imports from Major Countries |
8 Saudi Arabia Thyristor Market Key Performance Indicators |
8.1 Adoption rate of thyristors in key industries (e.g., energy, manufacturing) |
8.2 Growth in demand for power electronics in Saudi Arabia |
8.3 Number of new renewable energy projects using thyristors in the country |
8.4 Average energy efficiency improvement achieved through thyristor installations |
8.5 Rate of technological advancements in thyristor manufacturing and design |
9 Saudi Arabia Thyristor Market - Opportunity Assessment |
9.1 Saudi Arabia Thyristor Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.2 Saudi Arabia Thyristor Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Saudi Arabia Thyristor Market - Competitive Landscape |
10.1 Saudi Arabia Thyristor Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Thyristor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |