Triacs: Introduction
Triac as a semiconductor device has gained traction in the past few years due to its applications in small utility electronic gadgets and motors for speed control of electric fans, light dimmers, and a number of small and major computerized household appliances. The primary reason to look at this market is the involvement of triacs in small-scale utility products, which boosts the growth of the global triacs market.
The primary and foremost feature for the use of triacs over its competitors such as triode and SCRs is that triac is bi-directional, which is not the case for triodes and SCRs. Triac, abbreviated as Triode for Alternating Current, is not only used for alternating current (AC), but also direct current (DC).
Triac is a three terminal solid-state power-switching device, which can be triggered in conduction by both positive and negative voltage applied to its anode and gate, making it a two-quadrant switching gate controlled device. This feature of triac has gained it various applications in the market.
Triacs Market: Dynamics
The primary driver of the global triacs market is the cost factor associated with using one triac in place of two thyristors. Manufacturers opt for a triac in place of two thyristors to cut down cost of production. Another driver would be the increase in use of household and utility products in the market, most of which contain a triac for functioning.
The major challenge faced by the global triacs market is that switching in triac is not symmetrical, which leads to a number of problems such as high level of harmonics and EMI problems. These drive manufacturers to either opt for some extra circuitry or keep the triac use to certain applications.
For Right Perspective & Competitive Insights on Triacs Market, Request for a Sample Merger, Acquisitions, and Tie-ups to offer Significant Opportunities
Companies are expanding product portfolios and strive to meet customer requirements. Manufacturers enter into tie-ups and collaborations for business expansion. This is expected to offer significant opportunities to new and established players in the market.
In November 2016, Central Semiconductor Corp. announced a distribution agreement with Avnet, Inc., a technology distributor. Central Semiconductor Corp’s. product portfolio including diodes and triacs will be available for purchase by customers in North America through Avnet group.
Asia Pacific to Lead the Global Market
The global triacs market can be segmented into five major regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
The triacs market in North America is expected to witness strong growth during the forecast period owing to the adoption of triacs by several industries to implement household and utility products. North America is expected to be followed by Europe and Asia Pacific.
Growth of the market in North America and Europe is attributed to the presence of small and large household and utility device manufacturers
Asia Pacific is likely to be a leading market for triacs in terms of revenue during the forecast period due to the presence of a number of players and increase in applications
Key Players in the Global Market The global triacs market was highly fragmented in 2018. Prominent players operating in the global market focus on technological developments and expansion to meet the growing demand for triacs. Moreover, manufacturers enter into partnerships for the development of innovative products and boost revenue. Key players operating in the global triacs market include:
Infineon
ON Semiconductor
STMicroelectronics
Vishay
Renesas Electronics
Sanken
Mitsubishi Electric
Semikron
IXYS Corporation
ABB
NXP Semiconductors N.V.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report Global Triacs Market: Research Scope Global Triacs Market, by Stoppage Voltage
6A–10A
12A–20A
More than 20A
Global Triacs Market, by Application
Residential
Commercial o
Industrial
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment. The following regional segments are covered comprehensively:
North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
Read Our Latest Press Release: https://www.prnewswire.com/news-releases/plastic-corrugated-packaging-market-expandsscope-of-businesses-in-ecommerce-industry-to-deliver-sustainable-packaging-solutions-tmr301200091.html About Us Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories. Contact Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY – 12207 United States
USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com