Market Overview:
The global thyristor surge suppressors (TSS) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for thyristor surge suppressors in communication, electronics, power industry, and other applications. Asia Pacific is expected to be the fastest-growing region during the forecast period.
 Industry Outlook.svg)
Product Definition:
Thyristor surge suppressors (TSS) are devices used to protect electrical equipment from the damaging effects of lightning and other transient voltage surges. TSSs use thyristors, a type of semiconductor device, to clamp or "short-circuit" voltage surges. This prevents them from reaching sensitive electronic components and causing damage.
SMA Type Thyristor Surge Suppressors:
A thyristor surge suppressor is a device used to reduce the current and voltage in high-power electrical systems. It works by breaking the short circuit between two electrodes which are welded to different parts of a transformer core. The broken path of electric current causes an increase in voltage across the other electrode, thereby reducing power flow through the circuit.
The product has applications in various industries such as oil & gas, chemical processing, pulp & paper.
SMB Type Thyristor Surge Suppressors:
SMB type thyristor surge suppressors are used to reduce the high voltage fluctuations that occur across a switching power supply. The device is mainly used in applications such as industrial control systems, communication equipment, and other electronic devices. SMB TSS consists of two major components namely “thyristor” and “surge suppressor”.
Application Insights:
The power industry segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The increasing demand for thyristor surge suppressors from various industries such as oil & gas, communication and electronics is expected to drive the global TSS market growth over the coming years. Communication application was estimated as largest application segment in 2017, accounting for 33.3% of total market volume that year owing to its rising demand across different regions coupled with technological advancements in communication sector such as telecomms is anticipated to further fuel thyristor surge suppressors (TSS) demand globally over the coming years.
Electronics emerged second-largest segment accounting for 30% of total volume share in 2017 owing to its rising use across different end-use applications including consumer electronics, industrial control systems.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing demand for electronic products and power infrastructure in China, India, Japan, South Korea and Taiwan. The Asia Pacific TSS market is anticipated to grow on account of growing electronics industry in China and India as well as rapid growth of data centers in these countries due to favorable regulatory policies implemented by the governments.
The Europe thyristor surge suppressors market was valued at over USD X million in 2017 owing to presence of major players such as Siemens AG; Alstom Grid Ltd.; ABB Ltd.; General Electric; Hitachi, Ltd.; Toshiba Corporation; Westinghouse Electric Co., Inc.; among others.
Growth Factors:
- Increasing demand for thyristor surge suppressors in data centers to protect equipment from voltage transients and lightning strikes
- Rising popularity of thyristor surge suppressors in renewable energy systems to protect against power surges and overvoltages
- Growing demand for thyristor surge suppressors in transportation systems to prevent damage from electrical spikes and surges
- Increasing use of thyristor surge suppressors in industrial applications to safeguard equipment against voltage fluctuations and power outages
- Proliferation of smart grids and the Internet of Things (IoT) is expected to create new opportunities for the TSS market
Scope Of The Report
Report Attributes
Report Details
Report Title
Thyristor Surge Suppressors(TSS) Market Research Report
By Type
SMA Type Thyristor Surge Suppressors, SMB Type Thyristor Surge Suppressors
By Application
Communication, Electronics, Power Industry, Other
By Companies
SSG Semiconductor, Shindengen Electric, Ruilon Electronics, UN Semiconductor, BrightKing, Socay Electronics, QY Semiconductor, Leiditech, RuiLongYuan Electronics, KEXIN, Shenzhen SEMBO Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Thyristor Surge Suppressors(TSS) Market Report Segments:
The global Thyristor Surge Suppressors(TSS) market is segmented on the basis of:
Types
SMA Type Thyristor Surge Suppressors, SMB Type Thyristor Surge Suppressors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Communication, Electronics, Power Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SSG Semiconductor
- Shindengen Electric
- Ruilon Electronics
- UN Semiconductor
- BrightKing
- Socay Electronics
- QY Semiconductor
- Leiditech
- RuiLongYuan Electronics
- KEXIN
- Shenzhen SEMBO Electronics
 Market Overview.svg)
Highlights of The Thyristor Surge Suppressors(TSS) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- SMA Type Thyristor Surge Suppressors
- SMB Type Thyristor Surge Suppressors
- By Application:
- Communication
- Electronics
- Power Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thyristor Surge Suppressors(TSS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thyristor surge suppressors are a type of electrical protection device that can be used to reduce the risk of electric shock. They work by automatically shutting down power when there is an increase in voltage, which can help to prevent damage to equipment.
Some of the key players operating in the thyristor surge suppressors(tss) market are SSG Semiconductor, Shindengen Electric, Ruilon Electronics, UN Semiconductor, BrightKing, Socay Electronics, QY Semiconductor, Leiditech, RuiLongYuan Electronics, KEXIN, Shenzhen SEMBO Electronics.
The thyristor surge suppressors(tss) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thyristor Surge Suppressors(TSS) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Thyristor Surge Suppressors(TSS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thyristor Surge Suppressors(TSS) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Thyristor Surge Suppressors(TSS) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Thyristor Surge Suppressors(TSS) Market Size & Forecast, 2018-2028
4.5.1 Thyristor Surge Suppressors(TSS) Market Size and Y-o-Y Growth
4.5.2 Thyristor Surge Suppressors(TSS) Market Absolute $ Opportunity
Chapter 5 Global Thyristor Surge Suppressors(TSS) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Thyristor Surge Suppressors(TSS) Market Size Forecast by Type
5.2.1 SMA Type Thyristor Surge Suppressors
5.2.2 SMB Type Thyristor Surge Suppressors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thyristor Surge Suppressors(TSS) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Thyristor Surge Suppressors(TSS) Market Size Forecast by Applications
6.2.1 Communication
6.2.2 Electronics
6.2.3 Power Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thyristor Surge Suppressors(TSS) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Thyristor Surge Suppressors(TSS) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Thyristor Surge Suppressors(TSS) Analysis and Forecast
9.1 Introduction
9.2 North America Thyristor Surge Suppressors(TSS) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Thyristor Surge Suppressors(TSS) Market Size Forecast by Type
9.6.1 SMA Type Thyristor Surge Suppressors
9.6.2 SMB Type Thyristor Surge Suppressors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Thyristor Surge Suppressors(TSS) Market Size Forecast by Applications
9.10.1 Communication
9.10.2 Electronics
9.10.3 Power Industry
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Thyristor Surge Suppressors(TSS) Analysis and Forecast
10.1 Introduction
10.2 Europe Thyristor Surge Suppressors(TSS) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Thyristor Surge Suppressors(TSS) Market Size Forecast by Type
10.6.1 SMA Type Thyristor Surge Suppressors
10.6.2 SMB Type Thyristor Surge Suppressors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Thyristor Surge Suppressors(TSS) Market Size Forecast by Applications
10.10.1 Communication
10.10.2 Electronics
10.10.3 Power Industry
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Thyristor Surge Suppressors(TSS) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thyristor Surge Suppressors(TSS) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Thyristor Surge Suppressors(TSS) Market Size Forecast by Type
11.6.1 SMA Type Thyristor Surge Suppressors
11.6.2 SMB Type Thyristor Surge Suppressors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Thyristor Surge Suppressors(TSS) Market Size Forecast by Applications
11.10.1 Communication
11.10.2 Electronics
11.10.3 Power Industry
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Thyristor Surge Suppressors(TSS) Analysis and Forecast
12.1 Introduction
12.2 Latin America Thyristor Surge Suppressors(TSS) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Thyristor Surge Suppressors(TSS) Market Size Forecast by Type
12.6.1 SMA Type Thyristor Surge Suppressors
12.6.2 SMB Type Thyristor Surge Suppressors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Thyristor Surge Suppressors(TSS) Market Size Forecast by Applications
12.10.1 Communication
12.10.2 Electronics
12.10.3 Power Industry
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Thyristor Surge Suppressors(TSS) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thyristor Surge Suppressors(TSS) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Thyristor Surge Suppressors(TSS) Market Size Forecast by Type
13.6.1 SMA Type Thyristor Surge Suppressors
13.6.2 SMB Type Thyristor Surge Suppressors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Thyristor Surge Suppressors(TSS) Market Size Forecast by Applications
13.10.1 Communication
13.10.2 Electronics
13.10.3 Power Industry
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Thyristor Surge Suppressors(TSS) Market: Competitive Dashboard
14.2 Global Thyristor Surge Suppressors(TSS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SSG Semiconductor
14.3.2 Shindengen Electric
14.3.3 Ruilon Electronics
14.3.4 UN Semiconductor
14.3.5 BrightKing
14.3.6 Socay Electronics
14.3.7 QY Semiconductor
14.3.8 Leiditech
14.3.9 RuiLongYuan Electronics
14.3.10 KEXIN
14.3.11 Shenzhen SEMBO Electronics
