Thyristor Market: Size, Share, Top Region, Key Players, Application,Status And Forecast 2020 - 2027
The global thyristor market was valued at US$ 4,035.0 Mn in 2017 and is projected to register compound annual growth rate (CAGR) of over 7.0% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “ Thyristor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026 . ” The report suggests that the rising population and urbanization is likely to spur the demand for thyristors in the coming years (2018 to 2026). Other factors such as replacement of aging infrastructure and government initiatives are also expected to help the market expand rapidly. As key players introduce new thyristors and features in developed markets such as North America, Europe, and Asia Pacific, these regions are likely to account for dominating share of the global thyristor market. Growing demand for thyristors from the consumer electronics sector in emerging markets such as China and India is likely to boost growth ...