Silicon Controlled Rectifiers Market Size shall reach a value of $xx Million in 2028, growing with a CAGR of 9.1% during the forecast period of 2021 to 2028.
Silicon Controled Rectifiers Market Growth and Trends
The silicon-controlled rectifier market or the SCR market value at 2020 is US$ 3.8 billion, with an expected CAGR of 7.8% by 2023. The SCRs majorly contribute to the semiconductor and consumer electronics industry.
The SCR’s wide range of applications in industries such as consumer electronics, clean energy and power, aerospace, automotive, defense, medical, and oil and gas is driving the demand for the SCR market. An increase in applications of SCR in the industry verticals is enhancing the growth of the SCR market.
The rising penetration of smart displays and smart grids in the electronics sector drive the demand for SCRs. SCRs find an extensive and essential need in high power utilizing gadgets and applications. An increase in globalization and urbanization of economies rises the need for high power utilizing advanced technologies, which ultimately drives the growth of the SCR market. Substitution of outdated power technologies by newer and upregulated power advances, requires a high demand for SCRs. The recent trend in developing and adopting more power-efficient technologies, fuels the growth of SCR market.
The technological ability of the SCR is also another significant factor in aiding the market growth of the SCRs. SCRs offering benefits such as faster response, higher power-efficiency, and fewer transmission losses are impelling growth factors for their wide applications in industry, thus raising the demand for SCRs. SCRs also extend the life span of electronics they are used in, increasing their desirability for costly appliances. SCRs provide factors like miniaturization, reliability, and cost effectiveness to all the applications used, hence increasing the sales of SCRs.
Constant advancements to SCRs technologically and a consistent R&D sector promises better performances in the future. Government mandates the use of more power-efficient technologies in modern power generation, propelling the need for SRCs. The increasing awareness among emerging economies to shift towards less electricity or power consumption and increased durability in power devices, fuels the sales of SCRs.
Silicon Controled Rectifiers Industry Regional Analysis
Silicon Controled Rectifiers Market Research Report Scope/Definition
Silicon Controled Rectifiers Market Share and Competition Key companies operating in this industry are: Shindengen ; NXP ; Bourns ; IXYS ; Infineon ; Digitron Semiconductors ; Microsemi ; Littelfuse ; Advanced Semiconductor,Inc. ; Central Semiconductor ; STMicroelectronics ; Hubbell Industrial ; ON Semiconductor and Vishay
Silicon Controled Rectifiers Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Unidirectional SCR
• Bidirectional SCR
Application Analysis (Revenue, USD Million, 2021 - 2028)
• Electronics
• Power Industry
Region Analysis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Silicon Controled Rectifiers Industry Companies
• Shindengen
• NXP
• Bourns
• IXYS
• Infineon
• Digitron Semiconductors
• Microsemi
• Littelfuse
• Advanced Semiconductor,Inc.
• Central Semiconductor
• STMicroelectronics
• Hubbell Industrial
• ON Semiconductor
• Vishay
Available Versions of Silicon Controled Rectifiers Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
