Global Semiconductor Rectifier Market is expected to record a positive CAGR of ~11% during the forecast period (2022-2028): Ken Research

What Is the Size of Global Semiconductor Rectifier Industry?

Global Semiconductor Rectifier market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Semiconductor Rectifier Market is largely driven by the increasing demand for smart grids and the rising government expenses on modern power generation and distribution infrastructure.

Electronics have gained widespread use in the generation and regulation of power in the automotive industry. For instance, a new load-matching approach is launched in the automotive industry that makes use of a basic switched-mode rectifier to significantly enhance peak and average power production from a traditional Lundell alternator. The deployment of rectifiers has provided a new set of possibilities to power vehicles and the overall power control.

The continued trend of equipment miniaturization in the electronics industry has compelled the feature sizes of the electronic components to correspondingly decrease which is, in turn, increasing the demand for semiconductor rectifiers. The COVID-19 outbreak has had a substantial impact on the global market for semiconductor rectifiers. However, by early 2021 the market had experienced a strong recovery rate as a result of the widespread demand for installing IoT devices across a variety of industries and the quickly expanding initiatives for smart cities and smart grid technologies.

Global Semiconductor Rectifier Market By Product Type

The Global Semiconductor Rectifier market is segmented by Product type into Single Phase and Three Phase. Three-phase product type segment held the largest market share in the Global Semiconductor Rectifier Market in 2022. Three-phase rectifiers have an input of three-phase AV power. Structures require three/six diodes and are joined with the transformer's each phase of the secondary winding. Three-phase rectifiers are adopted in substitution of single-phase rectifiers for the reduction of ripple factor.

Three phases are recommended when comparing the two types of rectifiers because it has a high-power output and does not need an additional filter to lower the ripple factor. As a result, three-phase rectifiers have a higher transformer utilization factor and are more efficient than single-phase semiconductor rectifiers.

Global Semiconductor Rectifier Market By Industrial Vertical

The Global Semiconductor Rectifier Market is segmented by Industrial Vertical into IT and Telecom, Automotive, Consumer Electronics, Power and Utility and Other. Automotive industry vertical segment held the largest share of the Global Semiconductor Rectifier Market in 2022.

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The automotive industry is made up of several businesses that create, manufacture, and market automobiles. The automobile manufacturer powers all of the electronic components and supplies direct current to the batteries in its cars using semiconductor rectifiers. The need for automobiles will also have an impact on the high-power semiconductor sector, whose goods, including full-wave rectifier diodes, are used to power the motor and other electrical components in automobiles.

Global Semiconductor Rectifier Market By Geography

The Global Semiconductor Rectifier market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Asia Pacific accounted for the largest market share in 2021 within the total Global Semiconductor Rectifier Market in 2022.

Over the past few years, consumer gadgets and cell phones have seen an increase in demand throughout Asia-Pacific. Additionally, market possibilities are predicted to be provided by growing smart grid technologies and rising power production and consumption in developing Asia-Pacific countries. It is anticipated that a sizable percentage of the Global Semiconductor Rectifier Market will come from China, India, and Japan.

Market Taxonomy

By Product Type

Single Phase
Three Phase

By Industry Vertical

IT and Telecom
Automotive
Consumer Electronics
Power and Utility
Other

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By Geography

North America
USA
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy

Rest of Europe

Asia Pacific
China
Japan
South Korea
India
Indonesia

Australia Rest of Asia Pacific

LAMEA
Latin America
Middle East
Africa

Key Players

ABB Group
Mitsubishi Electric Corp.
Toshiba Corp.
Semiconductor Components Industries, LLC
Diodes Incorporated
Vishay Intertechnology, Inc.
Comchip Technology Co., Ltd.
STMicroelectronics
Hitachi Ltd
Fuji Electric Co.
Texas Instruments (TI)

For more insights on the market intelligence, refer to below link:-

https://www.kenresearch.com/business-research/global-semiconductor-rectifier-market-outlook-2028/

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.