Country-Niche Players and Regional Players constitute ~50% and 35% respectively Despite the Presence of about ~200 Competitors, find a Recent Market Study on Global Semiconductor Rectifier Market
A semiconductor rectifier is a device with two leads that allows current to flow only in one direction. As a part of the electrical system, it changes alternating current (AC) to direct current (DC). It is a component of the power supplies used in electrical devices.
Ken Research shares 3 key insights on this high-opportunity market from its latest research study.
Large Global Players Hold Around 40% of the Market Share Followed by the Regional Players Holding ~35%.
A comprehensive competitive analysis conducted during the Research Study found that the Global Semiconductor Rectifier market is competitive with ~200 players which include globally diversified players, and regional players, as well as a large number of country-niche players having their own niche in semiconductor rectifier advancement for multiple industries.
According to the research, the large global players held the dominant position in the market in 2021, in terms of the market share with about ~40% followed by regional players which account for ~35% of the market share.
Global Players have a Diverse Presence Across Different End-User Industries Promoting Market Growth.
With numerous global corporations and small producers operating their companies through a variety of products and a vast distribution network, the market is considerably competitive by nature. From product manufacturing to final product distribution to multiple places, the enterprises in the sector have a high degree of integration.
Key players have a significant presence in various end-user industries like I.T. and Telecom, Automotive, Consumer Electronics, Power and Utility, and various others. Not just key players but also emerging players are expanding in different industries with semiconductor rectifier products and are also investing in strategies like collaborations and technological development to compete in the industry.
Increased Adoption of Semiconductor Rectifier in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins
In October 2022, five businesses submitted plans to the government for the establishment of plants to produce electronic chips and displays for an investment of 1.53 billion rupees. IGSS Ventures, Vedanta Foxconn JV, and ISMC have proposed investing US$ 13.6 billion to construct an electronic chip manufacturing base and Rs. 5.6 billion to fund the Semicon India project.
In October 2022, LSCT30PV120B9G, a new generation silicon carbide full bridge with a rectifier module was created by Lakesemi. This new module has a very low on-resistance. Additionally, it has the traits of high-speed switching, low capacitance, and high switching frequency, which contribute to enhancing the equipment’s quick response and energy efficiency. As a result, it has many different applications, including switching mode power supplies, motor drives, and UPS.
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Ankur Gupta, Head Marketing & Communications