The Asia Pacific Semiconductor Rectifiers Market would witness market growth of 13.7% CAGR during the forecast period (2020-2026). The rectifiers are the two-lead semiconductor that allows the current to flow only in one direction. It refers to a semiconductor diode which is utilized for various purposes of rectification and power control. It also helps in conducting the flow of current in a single direction and stops the current flow in the opposite direction by implementing the properties of a junction that is created from two inversed doped semiconductor components.
The components are essential in power supply applications; in which they are helping in converting AC voltage to DC voltage. It also provides features like isolating signals from the supply, voltage reference, managing the size of the signal, and rectifying a voltage, in the electrical components. Owing to these features, these rectifiers are primarily used to safeguard the circuits of the electronic components to eradicate the risk of an accidental reversal of supply voltage.
Developing nations like China, and India, are sincerely planning and developing smart grid technologies. This technology helps in the development of the growing flexible electricity grid that allows the implementation of variable renewable energy. Additionally, it also incorporates information and communication technology at different levels of power generation, consumption, and delivery while enhancing reliability and service to end-users. The increasing penetration of smart grid technology in emerging economies helps in coordinating the requirements and capabilities of all generators, grid operators, end-users, and electricity market shareholders. It also manages the parts of the system more efficiently; reduces costs & environmental effects while increasing system reliability, stability, and resilience. The semiconductor rectifiers are among the key components needed to secure successful smart grid applications. Thus, this factor boosts the growth of the semiconductor rectifiers market.
Based on Product Type, the market is segmented into Single Phase and Three Phase. Based on Industry Vertical, the market is segmented into Consumer Electronics, Automotive, Power & Utility, Telecom & IT and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Semiconductor Rectifiers Market in Asia Pacific is expected to register a CAGR of 13.7% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Infineon Technologies AG, Mitsubishi Electric Corporation, Microchip Technology, Inc., Renesas Electronics Corporation, Rohm Semiconductors Co., Ltd., STMicroelectronics N.V., Texas Instruments, Inc., Toshiba Corporation, Vishay Intertechnology, Inc., The Toro Company, Campbell Scientific, Inc., and Manx Technology Group.
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