Market Overview:
The global thyristor switched reactor and capacitor (TSR and TSC) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for TSR and TSC in electrical grid, metallurgy and steel, mining, new energy, chemical, transport, and other applications. Asia Pacific is expected to be the fastest-growing region during the forecast period.
 Industry Outlook.svg)
Product Definition:
A thyristor switched reactor (TSR) and capacitor (TSC) is an electronic device that controls the flow of power to a load. It can be used to regulate the voltage or current, or both, on a circuit. The TSR and TSC are important because they allow for precise control of the power supplied to a load, which can improve system performance and efficiency.
Single-Phase:
Single-phase is a type of electric power supply that provides an output voltage of less than or equal to the input voltage. The single-phase power supply has only one active phase, which can be either a transformer's secondary (if transformer based) or a switch's switching frequency (if switchers).
Three-Phase:
The three-phase system is used in Thyristor Switched Reactor (TSR) and Transient Voltage Suppressor (TVS) market. The TSRs are used to control the power flow in a circuit by switching between phases. It has applications such as load banks, switch mode power supply, and battery charging controller among others.
Application Insights:
Electrical grid was the largest application segment in 2017 and will continue to be dominant over the forecast period. The thyristor based TSRs are used as a power semiconductor within power distribution networks, which include both large and small electrical grids. These devices help in smoothening out short-term fluctuations in electricity generation while increasing overall system efficiency by reducing energy loss through heat dissipation from generators to conductors.
The other applications of TSR include use as a switchgear component for controlling multiple units at different stations or even at different levels within a station; they can also control individual motors on an industrial assembly line or multiple processes occurring simultaneously on an industrial manufacturing line, such as heating, ventilation, and air conditioning (HVAC).
Regional Analysis:
Asia Pacific Thyristor Switched Reactor and Capacitor Market is expected to grow at a lucrative rate over the forecast period. The growth can be attributed to increasing nuclear power plant construction in China, India, South Korea, and Japan. For instance, as per IAEA statistics published in 2016; around 30 reactors are under construction or planning in China while another 20 reactors are being built by other countries such as Russia (VVER), France (EPR), and Canada (CANDU). In addition there are plans for constructing 18 more units of nuclear power plants by 2020-21.
The market for thyristor switched reactor & capacitor is likely to witness significant growth over the coming years owing to its applications in various end-use industries such as electrical grid, metallurgy & steel industry etc., which will lead towards an increase in product demand across numerous regions including North America and Europe.
Growth Factors:
- Increasing demand for energy efficient solutions: The global TSR and TSC market is expected to grow at a CAGR of more than 7% from 2016 to 2024, owing to the increasing demand for energy-efficient solutions across various industries.
- Growing investments in power infrastructure: Governments across the globe are making large investments in power infrastructure, which is expected to drive the growth of the TSR and TSC market during the forecast period.
- Rising concerns over climate change: There is an increasing focus on reducing greenhouse gas emissions globally, which is resulting in an increase in demand for energy-efficient technologies such as TSRs and TSCs.
- Technological advancements: The development of new technologies that improve the efficiency of these devices is likely to propel their growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thyristor Switched Reactor and Capacitor (TSR and TSC) Market Research Report
By Type
Single-Phase, Three-Phase
By Application
Electrical Grid, Metallurgy and Steel, Mining, New Energy, Chemical, Transport, Other
By Companies
ABB, Siemens, GE, Mitsubishi Electric, Alstom, EPRLAB, Tianjin Jingwei Huikai Optoelectronic, Hada Electric, AB Power System, Electronicon Kondensatoren GmbH, ABB
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Thyristor Switched Reactor and Capacitor (TSR and TSC) Market Report Segments:
The global Thyristor Switched Reactor and Capacitor (TSR and TSC) market is segmented on the basis of:
Types
Single-Phase, Three-Phase
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
Electrical Grid, Metallurgy and Steel, Mining, New Energy, Chemical, Transport, 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:
- ABB
- Siemens
- GE
- Mitsubishi Electric
- Alstom
- EPRLAB
- Tianjin Jingwei Huikai Optoelectronic
- Hada Electric
- AB Power System
- Electronicon Kondensatoren GmbH
- ABB
 Market Overview.svg)
Highlights of The Thyristor Switched Reactor and Capacitor (TSR and 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:
- Single-Phase
- Three-Phase
- By Application:
- Electrical Grid
- Metallurgy and Steel
- Mining
- New Energy
- Chemical
- Transport
- 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 Switched Reactor and Capacitor (TSR and 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 reactor (TSR) is a type of nuclear power plant that uses a thyristor to control the flow of electricity through the reactor. A capacitor is used to store energy so it can be released when needed.
Some of the major companies in the thyristor switched reactor and capacitor (tsr and tsc) market are ABB, Siemens, GE, Mitsubishi Electric, Alstom, EPRLAB, Tianjin Jingwei Huikai Optoelectronic, Hada Electric, AB Power System, Electronicon Kondensatoren GmbH, ABB.
The thyristor switched reactor and capacitor (tsr and tsc) 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 Switched Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and TSC) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thyristor Switched Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and TSC) Market Size & Forecast, 2018-2028
4.5.1 Thyristor Switched Reactor and Capacitor (TSR and TSC) Market Size and Y-o-Y Growth
4.5.2 Thyristor Switched Reactor and Capacitor (TSR and TSC) Market Absolute $ Opportunity
Chapter 5 Global Thyristor Switched Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Type
5.2.1 Single-Phase
5.2.2 Three-Phase
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thyristor Switched Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Applications
6.2.1 Electrical Grid
6.2.2 Metallurgy and Steel
6.2.3 Mining
6.2.4 New Energy
6.2.5 Chemical
6.2.6 Transport
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thyristor Switched Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and TSC) Analysis and Forecast
9.1 Introduction
9.2 North America Thyristor Switched Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Type
9.6.1 Single-Phase
9.6.2 Three-Phase
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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Applications
9.10.1 Electrical Grid
9.10.2 Metallurgy and Steel
9.10.3 Mining
9.10.4 New Energy
9.10.5 Chemical
9.10.6 Transport
9.10.7 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 Switched Reactor and Capacitor (TSR and TSC) Analysis and Forecast
10.1 Introduction
10.2 Europe Thyristor Switched Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Type
10.6.1 Single-Phase
10.6.2 Three-Phase
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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Applications
10.10.1 Electrical Grid
10.10.2 Metallurgy and Steel
10.10.3 Mining
10.10.4 New Energy
10.10.5 Chemical
10.10.6 Transport
10.10.7 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 Switched Reactor and Capacitor (TSR and TSC) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thyristor Switched Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Type
11.6.1 Single-Phase
11.6.2 Three-Phase
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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Applications
11.10.1 Electrical Grid
11.10.2 Metallurgy and Steel
11.10.3 Mining
11.10.4 New Energy
11.10.5 Chemical
11.10.6 Transport
11.10.7 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 Switched Reactor and Capacitor (TSR and TSC) Analysis and Forecast
12.1 Introduction
12.2 Latin America Thyristor Switched Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Type
12.6.1 Single-Phase
12.6.2 Three-Phase
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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Applications
12.10.1 Electrical Grid
12.10.2 Metallurgy and Steel
12.10.3 Mining
12.10.4 New Energy
12.10.5 Chemical
12.10.6 Transport
12.10.7 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 Switched Reactor and Capacitor (TSR and TSC) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thyristor Switched Reactor and Capacitor (TSR and 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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Type
13.6.1 Single-Phase
13.6.2 Three-Phase
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 Reactor and Capacitor (TSR and TSC) Market Size Forecast by Applications
13.10.1 Electrical Grid
13.10.2 Metallurgy and Steel
13.10.3 Mining
13.10.4 New Energy
13.10.5 Chemical
13.10.6 Transport
13.10.7 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 Switched Reactor and Capacitor (TSR and TSC) Market: Competitive Dashboard
14.2 Global Thyristor Switched Reactor and Capacitor (TSR and TSC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Siemens
14.3.3 GE
14.3.4 Mitsubishi Electric
14.3.5 Alstom
14.3.6 EPRLAB
14.3.7 Tianjin Jingwei Huikai Optoelectronic
14.3.8 Hada Electric
14.3.9 AB Power System
14.3.10 Electronicon Kondensatoren GmbH
14.3.11 ABB
