Thyristor Market Insights Forecasts,size,outlook to 2035
The global Thyristor market size was worth around USD 1.54 Billion in 2024 and is predicted to grow to around USD 2.35 Billion by 2035 with a compound annual growth rate (CAGR) of 3.92% from 2025 to 2035. The replacement of outdated infrastructure, government initiatives, and thyristors superior dependability and cost savings over traditional alternatives will all continue to have an impact on the worldwide thyristor industry. The market is expected to be driven by the increasing use of thyristors in consumer electronics.