Thyristor Surge Suppressor in Indonesia Trends and Forecast
The future of the thyristor surge suppressor market in Indonesia looks promising with opportunities in the communication, electronics, power industry, transportation, medical, industrial, and automotive markets. The global thyristor surge suppressor market is expected to reach an estimated $1.4 billion by 2031 with a CAGR of 5.0% from 2025 to 2031. The thyristor surge suppressor market in Indonesia is also forecasted to witness strong growth over the forecast period. The major drivers for this market are the rising demand for data center applications, the growing demand for smart grids and reliable protection against voltage transients, and the high adoption of thyristor surge suppressors (TSS) in transportation systems.
• Lucintel forecasts that, within the distribution channel category, indirect is expected to witness the highest growth over the forecast period due to the larger distribution of TSS to end users, such as manufacturers, industrial users, and commercial users.
• Within the application category, the power industry will remain the largest segment due to the increasing need for thyristor surge suppressors in power generation and distribution applications.
Emerging Trends in the Thyristor Surge Suppressor Market in Indonesia
The thyristor surge suppressor market in Indonesia is growing at a rapid pace as the country continues to invest in infrastructure development, renewable energy, and industrial automation. These suppressors are crucial in the protection of electronic equipment from electrical surges that are becoming more frequent due to the increased digitalization and industrialization in the country. In turn, the markets are witnessing a new trend where businesses, industries, and governments realize the imperative of developing better surge protection technologies. This paper discusses the trend that is forming the thyristor surge suppressor market in Indonesia.
• Industrial automation: With Indonesia’s continuous modernization of its manufacturing sector through automation and robotics, the need for surge protection in industrial applications has increased. Thyristor surge protectors ensure the protection of automated machinery and PLC systems against electrical surges by minimizing downtime in factories and ensuring uninterrupted operations.
• Focus on renewable energy systems: The renewed commitment of Indonesia toward renewable energy sources, specifically solar and wind energy, has increased the surge protection device demand in such fields. The reason for this trend is that fluctuations in electrical output create surges, affecting renewable energy systems; therefore, surge protectors prevent this interference by allowing normal output while thyristor-based devices keep renewable energy systems running, making their stability and lifetime reliable.
• Smart home integration: Indonesian consumers have adopted smart home technologies with full force, spending on devices connected to things like smart thermostats, lighting, and security systems. Thyristor surge protectors are needed for such installations as these surge protectors improve the general safety and reliability of smart home arrangements.
• Regulatory pressure on safety standards: Indonesia is increasing its electrical safety regulations, which is forcing industries to adhere to higher surge protection standards. The regulatory pressure is increasing the demand for certified thyristor surge suppressors, which comply with national and international safety standards. Businesses are investing in these products to meet safety norms and avoid equipment failure.
• Technology advancement in the surge protector: Technological changes in the thyristor surge protector, including quicker response and much higher energy absorption capabilities, are impacting the market. Advanced technological changes also include faster response to high-voltage spikes, especially in significant industries for sensitive equipment such as telecommunications, healthcare, and data centers.
The market trends in thyristor surge suppressors reflect the modernization of industrial automation, renewable energy, and smart home sectors in Indonesia. With the rise in regulatory changes and technological advancements, the need for surge protectors will increase, hence changing the pattern of the market and making them an essential protection device for any electrical system used in different industries.
Recent Developments in the Thyristor Surge Suppressor Market in Indonesia
The Indonesia thyristor surge suppressor market is increasingly developing as technologies advance, policies change, and key sectors, including renewable energy, smart homes, and industrial automation, expand. In this manner, the developments further fuel the market growth while unlocking new opportunities for producers and consumers alike.
• Technological upgrades for faster response: Recent upgrades in thyristor surge suppressor technology have improved their response times, enabling quicker detection and suppression of electrical surges. This development is particularly valuable in industries such as telecommunications and manufacturing, where equipment is highly sensitive and requires rapid protection.
• Development of the renewable energy industry: The focus that the Indonesian government places on renewable energy, especially solar and wind, has led to a rise in demand for surge protection devices. Thyristor surge suppressors are increasingly being installed in solar power plants and wind turbines to protect against sudden changes in electrical output, allowing operations to continue unimpeded and efficiently.
• Integration of thyristor surge suppressors with smart grid systems: Integrating thyristor surge suppressors into smart grid systems is a common trend in Indonesia. These systems control the distribution of electricity more effectively, and such surge suppressors protect the power grid from potential voltage spikes, preventing service interruptions and making the grid more reliable with fewer outages.
• Installation of electric vehicle charging infrastructure: In line with Indonesia’s quick transition to electric vehicles, the installation of electric vehicle charging stations has increased. The equipment protecting EV charging is shielded by thyristor surge suppressors from electrical surges, ensuring the safety and reliability of the charging stations nationwide.
• Stricter regulatory standards for electrical safety: The Indonesian government has introduced stricter electrical safety standards, mandating the use of surge protection devices in critical infrastructure and residential applications. This regulatory shift has driven the demand for certified thyristor surge suppressors, encouraging manufacturers to produce products that meet these higher safety standards.
These new developments reflect how the thyristor surge suppressor market in Indonesia is growing in response to technological, regulatory, and industrial advancements. Integration of new technologies, growing renewable energy investments, and increasing electric vehicle adoption create demand for surge protection solutions.
Strategic Growth Opportunities for Thyristor Surge Suppressor Market in Indonesia
Indonesia has a rapidly developing infrastructure, which is also leading to industrialization and a drive toward renewable sources of energy. These factors contribute to several strategic growth opportunities in the thyristor surge suppressor market. With the ever-increasing demand across various industries, manufacturers have opportunities to diversify their offerings for emerging applications.
• Telecommunications infrastructure: The expansion of Indonesia’s telecommunications infrastructure, including 4G and 5G networks, is a significant growth opportunity for surge suppressors. Thyristor surge suppressors protect communication towers, data centers, and network equipment from power surges, ensuring reliable and uninterrupted service.
• Renewable energy sector: Investments in solar, wind, and other renewable energy sources are increasing in Indonesia. This creates a strong demand for surge protection devices. Thyristor surge suppressors play a critical role in ensuring the stability and longevity of renewable energy systems, presenting growth opportunities in both residential and industrial segments.
• Smart homes and IoT devices: The growth of smart homes and IoT-connected devices is opening a new market for surge protection in Indonesia. Thyristor surge suppressors are being included in smart home systems to protect different connected devices from power surges, with significant growth potential in this emerging sector.
• Industrial automation: The growing sector of Indonesia’s manufacturing industry, opting for automation, will incorporate more surge protection in automated systems, robotics, and PLCs. Thyristor surge protectors play a vital role in protecting those technologies, showing great potential for growth in the industrial automation sector.
• Electric vehicle charging stations: The increasing adoption of electric vehicles in Indonesia is driving the expansion of EV charging infrastructure. Thyristor surge suppressors are critical in protecting EV charging stations from power surges, creating new opportunities in this emerging market.
These strategic growth opportunities highlight the diverse sectors where thyristor surge suppressors are in high demand in Indonesia. As the country continues to grow in telecommunications, renewable energy, smart homes, and electric vehicle infrastructure, the surge suppressor market is set to expand further, opening new opportunities for manufacturers and suppliers.
Thyristor Surge Suppressor Market in Indonesia Driver and Challenges
Various technological, economic, and regulatory factors highly influence the Indonesia thyristor surge suppressor market. The country is increasingly developing its industrial infrastructure and integrating renewable energy as well as smart technologies, making it a massive driver for growth in the market. However, cost sensitivity and regulatory compliance hurdles are also creating challenges for the market.
The factors responsible for driving the thyristor surge suppressor market in Indonesia include:
• Technological development: The rapid development of surge suppressor technology, including the ability to absorb more energy and respond faster, is a primary driver for their demand in Indonesia. Such advancements improve the efficiency and reliability of surge protection systems, making them indispensable in applications such as telecommunications and manufacturing.
• Increasing renewable energy: The push from the Indonesian government, especially focusing on solar and wind energy, has increased the need for surge protection devices. Thyristor surge suppressors thus play a crucial role in renewable energy systems, protecting them from power variations and leading to their widespread use in the energy sector.
• Industrial growth and automation: Indonesia’s industrial sector is highly automated, creating a need for surge protection in automated systems and machinery. The requirement to protect sensitive equipment from electrical surges is driving the adoption of thyristor surge suppressors in manufacturing facilities and industrial automation systems.
• Stricter regulatory standards: With the Indonesian government tightening electrical safety regulations, industries are increasingly adopting certified surge protection solutions. Compliance with these regulations is driving the demand for reliable and effective surge suppressors to meet safety standards.
Challenges in the thyristor surge suppressor market in Indonesia include:
• High initial costs: Major deterrents in utilizing advanced surge suppressors include their very high initial cost. Apart from small businesses and residential customers, most market segments are sensitive to costs, which could slow the adoption of surge protection.
• Complexity of regulatory compliance: Indonesia’s regulatory environment is complex for manufacturers. Surge protection standards may vary across different regions, and this could be a problem in ensuring market-wide compliance.
• Competition: The surge suppressor market in Indonesia is very competitive, with both local and international players. This competition drives prices down and reduces the profit margins for manufacturers, affecting the growth of the market.
Technology push, regulation push, and expanding key sectors such as renewable energy and industrial automation are driving the Indonesia thyristor surge suppressor market. As discussed above, those drivers that accelerate the market will also come into play, but a cost-conscious marketplace, bureaucratic processes, and tough competition make it necessary to cross barriers in the long term to sustain progress.
List of Thyristor Surge Suppressor Market in Indonesia Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies, thyristor surge suppressor companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the thyristor surge suppressor companies profiled in this report include:
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
Thyristor Surge Suppressor Market in Indonesia by Segment
The study includes a forecast for the thyristor surge suppressor market in Indonesia by type, distribution channel, and application.
Thyristor Surge Suppressor Market in Indonesia by Type [Analysis by Value from 2019 to 2031]:
• SMA Type Thyristor Surge Suppressors
• SMB Type Thyristor Surge Suppressors
• SMC Type Thyristor Surge Suppressors
• SMD Type Thyristor Surge Suppressors
Thyristor Surge Suppressor Market in Indonesia by Distribution Channel [Analysis by Value from 2019 to 2031]:
• Direct
• Indirect
Thyristor Surge Suppressor Market in Indonesia by Application [Analysis by Value from 2019 to 2031]:
• Communication
• Electronics
• Power Industry
• Transportation
• Medical
• Industrial
• Automotive
• Others
Features of the Thyristor Surge Suppressor Market in Indonesia
Market Size Estimates: Thyristor surge suppressor in Indonesia market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends and forecasts by various segments.
Segmentation Analysis: Thyristor surge suppressor in Indonesia market size by type, distribution channel, and application in terms of value ($B).
Growth Opportunities: Analysis of growth opportunities in different type, distribution channel, and application for the thyristor surge suppressor in Indonesia.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the thyristor surge suppressor in Indonesia.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.
FAQ
Q.1 What are the major drivers influencing the growth of the thyristor surge suppressor market in Indonesia?
Answer: The major drivers for this market are rising demand in data center applications, growing demand of smart grids and reliable protection against voltage transients, as well as, high adaption for thyristor surge suppressors in transportation systems.
Q2. What are the major segments for thyristor surge suppressor market in Indonesia?
Answer: The future of the thyristor surge suppressor market in Indonesia looks promising with opportunities in the communication, electronics, power industry, transportation, medical, industrial, and automotive markets.
Q3. Which thyristor surge suppressor market segment in Indonesia will be the largest in future?
Answer: Lucintel forecasts that indirect is expected to witness the highest growth over the forecast period due to larger distribution of TSS to end users, such as manufacturers, industrial users, and commercial users.
Q4. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 10 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the thyristor surge suppressor market in Indonesia by type (SMA type thyristor surge suppressors, SMB type thyristor surge suppressors, SMC type thyristor surge suppressors, and SMD type thyristor surge suppressors), distribution channel (direct and indirect), and application (communication, electronics, power industry, transportation, medical, industrial, automotive, and others)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.9. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.10. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Thyristor Surge Suppressor Market in Indonesia, Thyristor Surge Suppressor Market in Indonesia Size, Thyristor Surge Suppressor Market in Indonesia Growth, Thyristor Surge Suppressor Market in Indonesia Analysis, Thyristor Surge Suppressor Market in Indonesia Report, Thyristor Surge Suppressor Market in Indonesia Share, Thyristor Surge Suppressor Market in Indonesia Trends, Thyristor Surge Suppressor Market in Indonesia Forecast, Thyristor Surge Suppressor Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.