Global SCR Thyristors Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Phase Control Thyristors, Fast Recovery Thyristors, Light-triggered Thyristors, and Gate Tu-Off Thyristors), By Application (Power Electronics, Industrial Motor Drives, Lighting Control Systems, HVDC Transmission Systems, and Electric Traction Systems), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

Global SCR Thyristors Market Size Insights Forecasts to 2035

• The Global SCR Thyristors Market Size Was Estimated at USD 1.46 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 10.11% from 2025 to 2035
• The Worldwide SCR Thyristors Market Size is Expected to Reach USD 4.21 Billion by 2035
• North America is expected to grow the fastest during the forecast period.

According to a Research Report Published by Spherical Insights and Consulting, The Global SCR Thyristors Market Size was worth around USD 1.46 Billion in 2024 and is predicted to Grow to around USD 4.21 Billion by 2035 with a compound annual growth rate (CAGR) of 10.11% from 2025 to 2035. Growing applications in electric vehicles and industrial automation, growing demand for energy-efficient power control systems, and growing use of renewable energy are driving the growth of the global SCR thyristors market.

Market Overview

The global SCR thyristors market refers to the industry focused on manufacturing and supplying silicon-controlled rectifiers used for power control, conversion, and switching applications across various industrial and electronic systems. The global SCR thyristors market is driven by the growing demand for energy-efficient devices, renewable energy adoption, and advancements in power electronics. Silicon-controlled rectifiers act as semiconductor switches that regulate current flow, playing a crucial role in power control and conversion. Their performance, dependability, and efficiency have all improved thanks to recent advancements, including improved thermal management and miniaturisation. These developments have increased its application in industrial automation, electric cars, and continuous power supply systems. The use of SCRs in power electronics has become crucial for accurate power control as industries progressively embrace automated and energy-efficient solutions. Additionally, they support sustainable energy transitions through their use in renewable energy systems like wind turbines and solar inverters. SCR thyristors are extensively used in the automotive, renewable energy, and consumer electronics industries to enable efficient power regulation in gadgets, cars, and energy systems. Their increasing use demonstrates how crucial they are to the development of contemporary electrical infrastructures and the achievement of international energy efficiency and sustainability objectives.

Report Coverage

This research report categorizes the SCR thyristors market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the SCR thyristors market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the SCR thyristors market. 

Driving Factors

The increasing need for energy-efficient solutions across industries seeking to reduce energy consumption is driving the market for SCR thyristors. Sustainable operations are supported by the growing usage of SCRs for efficient power management and conversion. Market expansion is further accelerated by the growing use of renewable energy sources like wind and solar. Additionally, demand is greatly increased by the growing popularity of electric cars, since SCRs are essential to EV power management systems, improving battery performance and overall efficiency. These patterns demonstrate how SCR technology is becoming more crucial to contemporary energy systems.

Restraining Factors

The market for SCR thyristors faces a number of obstacles despite its potential for expansion. One significant barrier to the adoption of SCR technology by smaller firms and sectors is their high initial cost. Furthermore, the intricacy of SCR circuits necessitates qualified workers for installation and upkeep, which may further restrict market growth. suggesting a possible lack of expertise in this particular field.

Market Segmentation

The SCR Thyristors market share is classified into product type and application.

• The phase control thyristors segment dominated the market in 2024, approximately 42% and is projected to grow at a substantial CAGR during the forecast period.

Based on the product type, the SCR thyristors market is divided into phase control thyristors, fast recovery thyristors, light-triggered thyristors, and gate tu-off thyristors. Among these, the phase control thyristors segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Driven by their extensive use in industrial power control and automation systems. These thyristors offer high efficiency, durability, and the ability to handle large voltage and current loads, making them ideal for applications such as motor speed control, power regulation, and voltage stabilization. Their reliability and cost-effectiveness have further strengthened their adoption across diverse industrial and energy sectors.

• The power electronics segment accounted for the highest revenue market share in 2024, approximately 37% and is anticipated to grow at a significant CAGR during the forecast period.

Based on the application, the SCR thyristors market is divided into power electronics, industrial motor drives, lighting control systems, HVDC transmission systems, and electric traction systems. Among these, the power electronics segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Owing to the growing integration of SCR thyristors in power conversion, control, and distribution systems. Their ability to manage high voltage and current efficiently makes them essential in inverters, converters, and rectifiers. Increasing demand from renewable energy, electric vehicles, and industrial automation sectors further drives this segment’s strong market growth.

Regional Segment Analysis of the SCR Thyristors Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share with approximately 38% of the SCR Thyristors market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the SCR thyristors market over the predicted timeframe.  Asia Pacific is expected to have the most market share for SCR thyristors due to the region's fast industrialisation, urbanization, and rising need for energy-efficient power control systems. The region's growing automotive and manufacturing industries, as well as large expenditures in infrastructure and renewable energy, all contribute to the market's expansion. Due to their robust industrial and electronics bases, nations like China, Japan, and India are important contributors.

North America is expected to grow the fastest market share with approximately 25% at a rapid CAGR in the thyristors market during the forecast period. The increasing use of electric vehicles, improvements in industrial automation, and the growing need for renewable energy systems are all factors contributing to this increase. Technological advancements in power electronics and the region's strong emphasis on energy efficiency encourage market growth in sectors like manufacturing, electricity, and automobiles.

Europe is expected to grow at a rapid CAGR in the SCR thyristors market during the forecast period. Motivated by the area's strong focus on energy efficiency, sustainable industrial practices, and the integration of renewable energy sources. The need for SCR thyristors is also being driven by the growing use of smart grids, electric vehicles, and sophisticated automation systems. Additionally, major European economies are experiencing significant market development due to government measures promoting the shift to sustainable energy.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the SCR thyristors market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• STMicroelectronics
• WeEn Semiconductors
• Littelfuse
• Renesas Electronics
• JieJie Microelectronics
• Vishay
• Shindengen Electric
• Semikron Danfoss
• Diodes Incorporated
• Sanken Electric
• SanRex
• Central Semiconductor
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In March 2024, Infineon Technologies AG announced in December 2023 the introduction of a next-generation SCR and SiC-based thyristor family (under the CoolSiC™ brand) optimized for EV inverters, fast charging stations and grid systems.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the SCR thyristors market based on the below-mentioned segments:

Global SCR Thyristors Market, By Product Type

• Phase Control Thyristors
• Fast Recovery Thyristors
• Light-triggered Thyristors
• Gate Tu-Off Thyristors

Global SCR Thyristors Market, By Application

• Power Electronics
• Industrial Motor Drives
• Lighting Control Systems
• HVDC Transmission Systems
• Electric Traction Systems

Global SCR Thyristors Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa