The Latin America, Middle East and Africa Semiconductor Rectifiers Market would witness market growth of 13.9% CAGR during the forecast period (2020-2026). Power electronic devices have observed various applications in automotive power generation and control in recent years. For example, the latest load-matching technique is widely adopted in the automotive that uses a simple switched-mode rectifier to attain the drastic rise in peak and average power output from a conventional Lundell alternator, combined with significant enhancement in efficiency.
The power electronic components in vehicles along with the total power control and management system provide new growth opportunities for the implementation of the rectifier. Additionally, the semiconductor rectifiers market is estimated to observe growth opportunities in automotive electronics that includes central body control, modern electric power steering, braking system, and seat control.
The rising penetration of the smart grids in the emerging countries and the increasing government expenses on modern power distribution and generation infrastructure in those countries are some of the primary factors that will drive the rectifier market. Additionally, the increasing number of telecommunication services and consumer electronics boosts the growth of the market. Although, the technical issues and huge costs involved in semiconductor rectifiers will restrict the growth of the market. On the other hand, the increasing demand for semiconductor rectifier diodes in different applications in the automobile and power industry is expected to propel the growth of the rectifier market. Additionally, the miniaturization of electrical components helps the rectifier market to grow at a significant rate during the forecast period.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Semiconductor Rectifiers Market in LAMEA is expected to register a CAGR of 13.9% 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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