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TRIAC Market Share

Report ID: GMI12191
Published Date: Nov 2024
Report Format: PDF

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TRIAC Market Share Analysis

TRIAC Company Market Share Analysis, 2023

In the TRIAC market, companies like ABB, Arrow Electronics, Bourns, Central Semiconductor, Diodes Incorporated, Fuji Electric, Hitachi Power Semiconductor Device, Infineon Technologies, IXYS Corporation, Littelfuse, Mitsubishi Electric, and Microchip Technology compete on several critical factors. Product performance and innovation are at the forefront, as companies strive to offer devices that deliver high efficiency, durability, and power management capabilities.

Differentiation in technology, such as advancements in Silicon Carbide (SiC) and Gallium Nitride (GaN), is also key, especially for applications requiring high switching speeds and thermal stability. Pricing remains competitive, particularly in high-volume markets like consumer electronics, while distribution strength and global reach are vital to capturing div

TRIAC Market Companies

Major players operating in the TRIAC industry are:

ABB Ltd.
Arrow Electronics, Inc.
Bourns, Inc.
Central Semiconductor
Diodes Incorporated
Fuji Electric
Hitachi Power Semiconductor Device
Infineon Technologies
IXYS Corporation
Littelfuse
Mitsubishi Electric
Microchip Technology

Authors: Suraj Gujar , Saptadeep Das

Frequently Asked Questions (FAQ) :

The global market for TRIAC was reached USD 9.1 billion in 2023 and is estimated to grow at a CAGR of 8.2% from 2024 to 2032, driven by its widespread adoption in consumer electronics.

The TRIAC market is expected to reach USD 18.4 billion by 2032, fueled by the expansion of the consumer electronics market and the proliferation of smart homes and IoT devices.

High voltage TRIACs (above 800V) are projected to grow at a CAGR of 9.4% up to 2032, led by their increasing application in high-power scenarios.

The through-hole packages segment is anticipated to surpass USD 6.8 billion by 2032, reflecting its continued preference in various applications.

The U.S. TRIAC market recorded a 77.8% share in 2023 and is expected to grow due to high demand in consumer electronics, industrial automation, and automotive electronics, supported by government regulations and incentives.

Key players in the TRIAC industry include ABB Ltd., Arrow Electronics, Inc., Bourns, Inc., Central Semiconductor, Diodes Incorporated, Fuji Electric, Hitachi Power Semiconductor Device, Infineon Technologies, IXYS Corporation, Littelfuse, Mitsubishi Electric, and Microchip Technology.