Engineering Industry Today

Sidac Market to Reach USD 3.2 Billion by 2032, Growing at 5.48% CAGR Amid Rising Demand in Power Electronics and Renewables

The Sidac Market is witnessing a solid growth trajectory, fueled by an increasing emphasis on reliable circuit protection, energy efficiency, and innovation in power electronics. From EVs and renewables to consumer devices and healthcare, the applications of Sidacs are expanding globally. As technology continues to evolve, companies that invest in smart, efficient, and high-performance Sidac solutions will stand at the forefront of this growing market.
Published 15 July 2025

The Sidac Market is expected to grow from USD 2.09 billion in 2024 to USD 3.2 billion by 2032, reflecting a steady CAGR of 5.48% during the forecast period. Sidacs, as bidirectional thyristor devices, play a crucial role in overvoltage protection, triggering circuits, and controlling high-voltage systems—especially in consumer electronics, electric vehicles (EVs), industrial equipment, and renewable energy applications.

This surge is driven by the rising need for efficient and reliable circuit protection systems as industries rapidly transition to smarter, safer, and more energy-conscious electronics.

Market Snapshot

  • Base Year: 2024
  • Historical Range: 2019–2024
  • Forecast Period: 2024–2032
  • Market Size in 2023: USD 1.98 billion
  • Market Size in 2024: USD 2.09 billion
  • Projected Market Size by 2032: USD 3.2 billion
  • CAGR: 5.48%
  • Forecast Units: USD Billion
  • Regions Covered: North America, Europe, APAC, South America, Middle East & Africa
  • Segments: Product Type, Application, End User Industry, Current Rating, Voltage Rating, Regional
  • Key Companies: Toshiba, STMicroelectronics, Vishay, ON Semiconductor, NXP, Littelfuse, and others

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Key Market Drivers

  • Rising Demand for Consumer Electronics: With the global electronics industry booming, Sidacs are extensively used in televisions, LED drivers, battery chargers, and home appliances for surge protection and triggering high-voltage circuits.
  • Accelerated Adoption of Electric Vehicles (EVs): EVs require robust power management and protection components. Sidacs ensure safety and reliability in charging systems, battery control units, and power conversion modules.
  • Growing Investments in Renewable Energy: The renewable energy sector—especially solar and wind—is increasingly relying on Sidacs to manage energy surges, convert power efficiently, and protect sensitive equipment.
  • Government Incentives for Energy Efficiency: Policy support for smart grids, green energy, and low-carbon technologies is pushing manufacturers to integrate advanced protection devices like Sidacs into electrical infrastructure.
  • Technological Advancements in Power Electronics: Improvements in material science, miniaturization, and thermal management are expanding Sidac applications across high-performance, compact, and high-frequency devices.

Market Segmentation Insights

By Product Type

  • Standard Sidacs
  • High Current Sidacs
  • High Voltage Sidacs

By Application

  • Surge Protection Devices
  • Light Dimmer Circuits
  • Triggering Devices
  • Power Converters
  • Telecom Power Systems

By End-User Industry

  • Consumer Electronics
  • Automotive (including EVs)
  • Energy & Power
  • Industrial Automation
  • Healthcare Equipment

By Current Rating

  • < 1A
  • 1A – 5A
  • 5A

By Voltage Rating

  • Low Voltage (< 200V)
  • Medium Voltage (200V – 600V)
  • High Voltage (> 600V)

Regional Insights

  • North America: A mature market with demand fueled by EV infrastructure, industrial automation, and consumer tech advancements.
  • Europe: Strong focus on clean energy and automotive electrification is pushing Sidac adoption in automotive and utility applications.
  • Asia-Pacific (APAC): The fastest-growing region, led by massive electronics manufacturing bases in China, South Korea, and India, alongside increased solar and EV deployment.
  • South America & MEA: Emerging adoption in telecom and energy sectors with increasing government investments in infrastructure modernization.

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Key Market Opportunities

  • Advanced Technology Adoption: Growing interest in wide bandgap semiconductors and SiC/GaN-based designs could lead to high-performance Sidac devices suitable for next-gen electronics.
  • Increasing Demand for Eco-Friendly Products: Eco-design regulations and end-user preferences for sustainable products are driving the demand for energy-efficient and recyclable Sidac components.
  • Rising Healthcare Expenditure: As medical equipment increasingly integrates sensitive electronics, Sidacs provide essential protection in diagnostic devices, imaging systems, and monitors.
  • Growing Geriatric Population: Age-related healthcare needs are increasing the use of electronic medical devices, indirectly fueling Sidac demand in the sector.
  • Emerging Markets with Rising Disposable Income: Expanding middle-class populations in APAC, Africa, and Latin America are driving the growth of consumer electronics and energy solutions, directly impacting Sidac demand.

Key Players in the Market

Leading companies in the Sidac market include:

  • Toshiba
  • STMicroelectronics
  • Infineon Technologies
  • Vishay Intertechnology
  • ON Semiconductor
  • ROHM Semiconductor
  • NXP Semiconductors
  • Macronix International
  • Littelfuse
  • Cree
  • Texas Instruments
  • Wolfspeed
  • Renesas Electronics
  • Silicon Labs

These companies are focusing on R&D, strategic collaborations, miniaturization, and energy efficiency to expand their portfolios and market presence.

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