Market Overview:
The global thyristor switched capacitor (TSC) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the TSC market can be attributed to the increasing demand for energy-efficient solutions across various industries and growing investments in smart grid infrastructure globally. The TSC market is segmented on the basis of type, application, and region. On the basis of type, the TSC market is segmented into civil systems and industrial systems. Civil systems are further sub-segmented into low voltage distribution and others applications such as water treatment, HVAC, oil & gas production plants etc.). Industrial systems are further sub-segmented into metallurgy & mining, petrochemicals, electrified railroad transportation system (ERT), and others applications such as paper mills etc.). On the basis of application, urban low voltage distribution accounts for a major share of the global TSC market followed by metallurgy & mining sector.
 Industry Outlook.svg)
Product Definition:
The Thyristor Switched Capacitor (TSC) is a power electronic device that can store and release electrical energy very quickly. It consists of a capacitor, thyristor and control circuitry. The thyristor is used to switch the capacitor on and off very rapidly, allowing it to store or release energy as required. The TSC is an important component in many power electronic systems, such as adjustable speed drives (ASDs) and uninterruptible power supplies (UPSs).
Civil Systems:
The global civil systems, it's usage and growth factor in TSC market size was valued at USD 2.5 billion in 2015. The industry is expected to witness significant growth over the forecast period owing to increasing demand for automation solutions across various industrial sectors such as power generation, oil & gas, chemical processing and manufacturing among others.
Industrial Systems:
Industrial systems is a set of equipment that controls and monitors the manufacturing process. It includes control system, supervisory control, data acquisition (SCADA) system and industrial network. Industrial systems are used in many applications such as oil & gas, power generation industries for automation purposes to reduce human errors which may cause severe consequences due to malfunctioning of machinery.
Application Insights:
The urban low voltage distribution segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. The segment is expected to be at a high demand owing to growing urbanization, industrialization, and infrastructure development in emerging economies including China, India, Brazil and other South Asian countries.
The electrified railroad application segment was valued over USD 1 billion in 2016 owing to its wide scale adoption across various regions including Europe, North America, Asia Pacific and Latin America. Various companies are focusing on introducing new electric locomotives that can travel up to 200 kilometers per hour with a thyristor switch mode power supply system as compared with conventional diesel engine train sets that travel at speeds of only around 100 kilometers per hour.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to increasing demand from end-use industries, such as metallurgy and mining, petrochemicals, and others. The region is projected to account for a revenue share of more than 35% by 2030. China thyristor switched capacitor industry accounted for a major share in Asia Pacific TSC market on account of rising product demand from industrial automation applications in key markets including manufacturing, oil & gas sector, transportation sector among others.
North America was one of the prominent regions that accounted for a significant revenue share in 2017 owing to early technology adoption by several key players coupled with high level R&D activities undertaken by them pertaining to Thyristor Switched Capacitor technology development over past years has resulted into North America being at par with Europe technologically speaking when it comes to TSC products performance.
Growth Factors:
- Increasing demand for energy efficient solutions: The TSC market is expected to grow at a high rate owing to the increasing demand for energy efficient solutions across the globe. TSC helps in reducing power losses and improving power factor, which makes it an ideal choice for various industrial and commercial applications.
- Growing investments in renewable energy: Renewable sources of energy are gaining popularity across the globe due to their environmental benefits. This is expected to drive the growth of the TSC market as these sources require advanced technologies for effective operation.
- Rising need for voltage regulation: Voltage fluctuations can cause damage to electronic equipment and affect their performance adversely. This has led to an increase in demand for voltage regulators, which is expected to boost the growth of the TSC market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thyristor Switched Capacitor (TSC) Market Research Report
By Type
Civil Systems, Industrial Systems
By Application
Urban Low Voltage Distribution, Metallurgy and Mining, Petrochemicals, Electrified Railroad, Others
By Companies
Hitachi ABB Power Grids Ltd, Siemens, Trench Group, GE, Enermonde Company, Sunking Technology, Anhui Zhongdian Electric Co., Ltd
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Thyristor Switched Capacitor (TSC) Market Report Segments:
The global Thyristor Switched Capacitor (TSC) market is segmented on the basis of:
Types
Civil Systems, Industrial Systems
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
Urban Low Voltage Distribution, Metallurgy and Mining, Petrochemicals, Electrified Railroad, Others
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:
- Hitachi ABB Power Grids Ltd
- Siemens
- Trench Group
- GE
- Enermonde Company
- Sunking Technology
- Anhui Zhongdian Electric Co., Ltd
 Market Overview.svg)
Highlights of The Thyristor Switched Capacitor (TSC) 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:
- Civil Systems
- Industrial Systems
- By Application:
- Urban Low Voltage Distribution
- Metallurgy and Mining
- Petrochemicals
- Electrified Railroad
- Others
- 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 Switched Capacitor (TSC) 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?
A thyristor switched capacitor (TSC) is a type of electronic component that uses a thyristor to control the flow of electric current. The TSC allows for the switching of large amounts of current, making it an important component in many electronic devices.
Some of the major companies in the thyristor switched capacitor (tsc) market are Hitachi ABB Power Grids Ltd, Siemens, Trench Group, GE, Enermonde Company, Sunking Technology, Anhui Zhongdian Electric Co., Ltd.
The thyristor switched capacitor (tsc) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thyristor Switched Capacitor (TSC) 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 Switched Capacitor (TSC) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thyristor Switched Capacitor (TSC) 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 Switched Capacitor (TSC) 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 Switched Capacitor (TSC) Market Size & Forecast, 2018-2028
4.5.1 Thyristor Switched Capacitor (TSC) Market Size and Y-o-Y Growth
4.5.2 Thyristor Switched Capacitor (TSC) Market Absolute $ Opportunity
Chapter 5 Global Thyristor Switched Capacitor (TSC) 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 Switched Capacitor (TSC) Market Size Forecast by Type
5.2.1 Civil Systems
5.2.2 Industrial Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thyristor Switched Capacitor (TSC) 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 Switched Capacitor (TSC) Market Size Forecast by Applications
6.2.1 Urban Low Voltage Distribution
6.2.2 Metallurgy and Mining
6.2.3 Petrochemicals
6.2.4 Electrified Railroad
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thyristor Switched Capacitor (TSC) 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 Switched Capacitor (TSC) 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 Switched Capacitor (TSC) Analysis and Forecast
9.1 Introduction
9.2 North America Thyristor Switched Capacitor (TSC) 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 Switched Capacitor (TSC) Market Size Forecast by Type
9.6.1 Civil Systems
9.6.2 Industrial Systems
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 Switched Capacitor (TSC) Market Size Forecast by Applications
9.10.1 Urban Low Voltage Distribution
9.10.2 Metallurgy and Mining
9.10.3 Petrochemicals
9.10.4 Electrified Railroad
9.10.5 Others
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 Switched Capacitor (TSC) Analysis and Forecast
10.1 Introduction
10.2 Europe Thyristor Switched Capacitor (TSC) 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 Switched Capacitor (TSC) Market Size Forecast by Type
10.6.1 Civil Systems
10.6.2 Industrial Systems
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 Switched Capacitor (TSC) Market Size Forecast by Applications
10.10.1 Urban Low Voltage Distribution
10.10.2 Metallurgy and Mining
10.10.3 Petrochemicals
10.10.4 Electrified Railroad
10.10.5 Others
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 Switched Capacitor (TSC) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thyristor Switched Capacitor (TSC) 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 Switched Capacitor (TSC) Market Size Forecast by Type
11.6.1 Civil Systems
11.6.2 Industrial Systems
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 Switched Capacitor (TSC) Market Size Forecast by Applications
11.10.1 Urban Low Voltage Distribution
11.10.2 Metallurgy and Mining
11.10.3 Petrochemicals
11.10.4 Electrified Railroad
11.10.5 Others
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 Switched Capacitor (TSC) Analysis and Forecast
12.1 Introduction
12.2 Latin America Thyristor Switched Capacitor (TSC) 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 Switched Capacitor (TSC) Market Size Forecast by Type
12.6.1 Civil Systems
12.6.2 Industrial Systems
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 Switched Capacitor (TSC) Market Size Forecast by Applications
12.10.1 Urban Low Voltage Distribution
12.10.2 Metallurgy and Mining
12.10.3 Petrochemicals
12.10.4 Electrified Railroad
12.10.5 Others
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 Switched Capacitor (TSC) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thyristor Switched Capacitor (TSC) 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 Switched Capacitor (TSC) Market Size Forecast by Type
13.6.1 Civil Systems
13.6.2 Industrial Systems
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 Switched Capacitor (TSC) Market Size Forecast by Applications
13.10.1 Urban Low Voltage Distribution
13.10.2 Metallurgy and Mining
13.10.3 Petrochemicals
13.10.4 Electrified Railroad
13.10.5 Others
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 Switched Capacitor (TSC) Market: Competitive Dashboard
14.2 Global Thyristor Switched Capacitor (TSC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi ABB Power Grids Ltd
14.3.2 Siemens
14.3.3 Trench Group
14.3.4 GE
14.3.5 Enermonde Company
14.3.6 Sunking Technology
14.3.7 Anhui Zhongdian Electric Co., Ltd
