Press release
By 2026, the Fast Rectifier Market is Anticipated to grow at a 4.9% CAGR
In a report released by Persistence Market Research (PMR), the market for fast rectifiers worldwide is predicted to grow at a CAGR of 4.9% between 2018 and 2026. By the end of 2026, it is projected to reach a value of around US$ 2,719 million, up from around US$ 1,792 million in 2017.Fast Rectifiers have a significant impact on the time-to-market of any product in use in the modern, rapidly evolving electronic and market business.
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Growing adoption of fast rectifiers in strobe applications that require high surge resistance is one of the prime factors which is driving the growth of the global market. Moreover, industrial, commercial, and automotive sectors are identified to significant support market growth. The increasing number of vehicles and rise in electrification have created potential opportunities for the market players to capitalize on.
Key Players:
The report has profiled some of the Important players prevalent in the global like - ON Semiconductor Corporation, STMicroelectronics, Diodes Incorporated, ROHM Semiconductor, Infineon Technologies AG, ABB, Vishay Intertechnology, Microsemi Corporation, Maxim Integrated, Sanken Electric Co., Ltd and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Fast Rectifier.
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Vehicle Electrification to Trigger Demand for Fast Rectifiers
The increasing electrification in vehicles such as the emergence of hybrid and electric vehicles. This factor is influencing the expansion of the market for fast rectifiers in various regions such as North America, Europe both Western and Eastern, and Asia Pacific. These hybrid and electric vehicles have relatively a higher semiconductor content as compared to conventional vehicle models. With the surging demand for fuel and operational efficiency, electrification is an attractive option for construction, commercial, and agricultural vehicles. Fast rectifiers are integrated in electric and hybrid vehicles to significantly reduce the commutation losses in output rectification circuits. These dynamics are forecasted to fuel the growth of the fast rectifier market across the globe.
Fast Rectifiers are deployed in several areas such as power generation systems, factory automation, industrial motion control, and transportation and railways systems. At present, industries in countries such as India, Japan, Germany, U.S. and China are moving towards robust digitization and are creating ideal conditions for software-based embedded systems, automation, and manufacturing which is expected to generate huge demand for fast rectifiers across the globe. Moreover, the rising demand for smart ICT-based machines, networks, and systems is expected to give rise to incremental opportunities for the market in the coming years.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Fast Rectifier Market Manufacturers
Fast Rectifier Market Distributors/Traders/Wholesalers
Fast Rectifier Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Expert analysis, actionable insights, and strategic recommendations - the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.
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