


MARKET AND OVERVIEW
Thyristors are usually three-terminal devices that have four layers of alternating p-type and n-type material p’n junctions, comprising its main power handling section.
Thyristors are used to approximate ideal closed or open switches for control of power flow in a circuit.This report provides a deep insight into the global Thyristor Devices for Electric Power Systems market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

MARKET SIZE AND GROWTH

The global Thyristor Devices for Electric Power Systems market size was estimated at USD 351 million in 2023 and is projected to reach USD 487.34 million by 2030, exhibiting a CAGR of 4.80% during the forecast period.
North
America Thyristor Devices for Electric Power Systems market size was USD 91.46 million in 2023, at a CAGR of 4.11% during the forecast period of 2025 through 2030.
