Thyristor Companies

The Competitive Landscape of the Thyristor Market

Across the industrial symphony of factories, the steady hum of electric motors and the rhythmic flicker of lighting paint a vibrant portrait of energy harnessed and controlled. In this orchestra, thyristors play a crucial role – unsung heroes regulating the flow of electricity with their potent pulse. The thyristor market by 2032 pulsates with the competitive energy of players vying for control of these microscopic gatekeepers of power. Unveiling their strategies, the crucial factors shaping market share, and the overall competitive landscape is paramount for navigating this complex terrain.

Key Players:

• Eaton Corporation


• Siemens AG


• Scheider Electric SE


• Mitsubishi Electric Corporation


• Hitachi Ltd.


• STMicroelectronics NV


• Infineon Technologies AG


• Power Semiconductors


• Analog Devices, Inc.


• Semikron

Strategies Adopted by Leaders:

• Technological Prowess: ABB and Siemens lead the charge with advanced high-voltage, high-current thyristors offering low switching losses, improved thermal management, and extended lifetimes for demanding industrial applications.


• Vertical Specialization: Infineon Technologies and Mitsubishi Electric focus on specific segments like traction systems or renewable energy integration, achieving unmatched expertise and cost-effectiveness within their chosen domains.


• Integrated Solutions and Platform Play: Fuji Electric offers comprehensive packages with thyristors, gate drivers, and protection circuits, simplifying design and optimizing system performance for diverse applications.


• Focus on Reliability and Long-Term Operation: Delivering thyristors with extended lifespans, minimal degradation over time, and robust designs for harsh environments builds trust and minimizes downtime for clients in critical infrastructure sectors.


• Embrace of Sustainability and Energy Efficiency: Implementing low-loss thyristors with efficient cooling systems contributes to a greener industry and attracts clients with ambitious environmental goals.

Factors for Market Share Analysis:

• Performance and Control Accuracy: Companies offering thyristors with precise voltage and current control, minimal harmonic generation, and fast switching speeds command premium prices and secure market share by enabling efficient and stable operation of electrical systems.


• Voltage and Current Ratings: Providing thyristors capable of handling diverse voltage and current requirements expands application scope and attracts clients with varying power needs.


• Ruggedness and Environmental Resilience: Delivering thyristors resistant to vibrations, high temperatures, and harsh operating conditions meets the demands of industrial and infrastructure applications, building trust and reliability.


• Ease of Integration and Technical Support: Offering readily available application examples, reference designs, and comprehensive technical support simplifies system design and minimizes integration challenges for clients.


• Cost Competitiveness and Affordability: Balancing advanced functionalities with an attractive price point is crucial for capturing market share, particularly in price-sensitive segments like consumer electronics and household appliances.

New and Emerging Companies:

• Startups like CRRC Zhuzhou Electric Locomotive Co. and CNR Dalian Locomotive Co.: These innovators focus on developing next-generation thyristors with improved efficiency, intelligent control features, and advanced protection circuits, pushing the boundaries of performance and reliability.


• Academia and Research Labs: Swiss Federal Railways Research Institute and Japan Railway Technical Research Institute explore disruptive technologies like silicon carbide-based thyristors and solid-state transformers, shaping the future of power control systems.


• Renewable Energy Companies: Siemens Gamesa and Vestas Wind Systems contribute to the development of intelligent thyristor-based control systems for wind turbines, maximizing energy capture and optimizing grid integration.

Industry Developments:

Eaton Corporation:

• Jan 19, 2024: Unveiled a new series of high-voltage thyristors specifically designed for motor drives in heavy-duty industrial applications, featuring improved ruggedness and thermal management.


• Dec 15, 2023: Partnered with a European wind turbine manufacturer to supply custom thyristor converters for efficient grid integration of wind power. 

Siemens AG:

• Jan 18, 2024: Showcased its latest high-power thyristor-based converters at Hannover Messe 2024, highlighting their role in enabling efficient and reliable electric vehicle charging infrastructure. 


• Nov 30, 2023: Announced plans to invest in research and development of silicon carbide (SiC)-based thyristors for next-generation high-voltage power electronics applications. 

Schneider Electric SE:

• Jan 17, 2024: Reported strong revenue growth for its industrial automation division, partly driven by rising demand for its thyristor-based variable speed drives for industrial motors. 


• Oct 27, 2023: Introduced a new online tool for selecting and designing optimal thyristor solutions for various industrial automation applications.