Technology & Telecommunications

According to a market report by Lucintel, the future of the semiconductor rectifier market looks promising with opportunities in the automotive, consumer electronic, power and utility, and IT and telecom industries. The global semiconductor rectifier market is expected to reach an estimated $4.9 billion with a CAGR of 5.0% from 2023 to 2028. The major drivers for this market are growing adoption of smart grids, increased government spending on modern electricity generation and distribution in emerging countries, and rise in the number of telecommunication services and consumer electronics globally.



In this market, single phase and three phase are different segment of semiconductor rectifier by type. Lucintel forecast that three-phase will remain the largest type segment over the forecast period as it ensures electrical balance in the power loads, which helps in increasing its efficiency. Moreover, these rectifiers are most commonly used in high-power appliances and it doesn’t require any additional filter to lower the ripple factor.

Within this market, automotive segment is expected to record the highest growth due to increasing adoption of electric scooters, electric vehicles, and autonomous vehicles, which require D.C. power suppliers. Thus, car companies use semiconductor rectifiers in their vehicles to provide direct current to charge the batteries and power all electronic components.



APAC is expected to witness the highest growth during the forecast period due to increasing market for consumer electronics, growing adoption of smart grid technologies, rising demand for renewable energy products in countries like China, India, and Japan.

ABB, ASI Semiconductor, Infineon Technologies, Microchip Technology, Mitsubishi Electric Corporation, NXP Semiconductor, Renesas Electronics, STMicroelectronics, Texas Instruments Incorporated, and Toshiba Corporation are the major suppliers in the global semiconductor rectifier market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor rectifier market by type, end use industry, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Semiconductor Rectifier Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global semiconductor rectifier market by type, end use industry, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the semiconductor rectifier market by type (single phase and three phase), end use industry (automotive, consumer electronics, power and utility, and IT and telecom), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. 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.11. What M&A activity did occur in the last five years and how did they impact the industry?